United
Kingdom Automotive Roof Racks Market Overview:
The global United
Kingdom Automotive Roof Racks Market
share is predicted to develop at a healthy 6.69% CAGR
between 2023- 2030, states the recent Market Research Future (MRFR) analysis.
An automotive roof rack, simply put, is a carrier or stand that is fixed over
the car top for holding or supporting goods or luggage on the top of the car
for effective transportation at the time of traveling. Automotive roof racks
include pillars, rail, and mount. It is generally made of composite plastic,
aluminum alloy, and others and finds wide applications in passenger cars as
well as commercial vehicles.
Various factors are
propelling the global United Kingdom Automotive Roof Racks Market Shareshare.
As per the current MRFR report, such factors include low maintenance cost, low
operational cost, flexibility, development of durable and lightweight roof
racks by manufacturers to cut down the weight of the car, an increasing number
of tourists worldwide, rise in disposable income, and increasing preference for
recreational and outdoor activities.
On the contrary, the rise in fuel consumption,
increase in car weight for the use of heavy roof racks, and the ongoing
COVID-19 impact are factors that may limit the global United Kingdom Automotive
Roof Racks Market Sharegrowth over the forecast period.
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Free Sample Report of United Kingdom Automotive Roof Racks Market
United Kingdom
Automotive Roof Racks Market Share Key Players
Yakima Products Inc. (U.S.)
·
JAC
Products (U.S.)
·
BOSAL
(Belgium)
·
Rhino-Rack
(U.S.)
·
Atera
GmbH (Germany)
·
Cruzber
S.A (Spain)
·
MINTH
Group Limited (China)
·
VDL
Hapro BV (Netherlands)
·
Magna
International, Inc. (Ontario)
·
Thule
Group (Sweden)
United
Kingdom Automotive Roof Racks Market Share Segmentation
·
The MRFR report offers an inclusive segmental
analysis of the global United Kingdom Automotive Roof Racks Market Sharebased
on type, material, and application.
·
By type, the global United Kingdom Automotive Roof
Racks Market Shareis segmented into roof mount, gutter, rail raised, and others.
·
By material, the global United Kingdom Automotive
Roof Racks Market Shareis segmented into composite plastic, aluminum alloy, and
others.
·
By application, the global United Kingdom Automotive
Roof Racks Market Shareis segmented into passenger cars and commercial
vehicles. Of these, commercial vehicles will lead the market over the forecast
period.
Regional
Analysis
Based on the region,
the global United Kingdom Automotive Roof Racks Market Sharereport covers the
growth opportunities and recent trends across the Asia Pacific (APAC), North
America, Europe, & the Rest of the World (RoW). Among these, North America
will spearhead the market over the forecast period. Increasing adoption of
cycling, especially in the US, the growing use of snowboards, rising sales of
passenger cars, burgeoning demand for new cars, shifting preference of auto
manufacturers to higher-value pickups & SUVs from small cars, and low fuel
price and low-interest rate in the automotive market in the US are adding to
the global United Kingdom Automotive Roof Racks Market Sharegrowth in the
region.
China will hold the
maximum share in the market over the forecast period as it is a key automotive
market, increased production of commercial and passenger cars in China, rising
production of cars, and new & trade-friendly policies developed by car
makers in China.
The global United
Kingdom Automotive Roof Racks Market Sharein Europe is predicted to have the
second-largest share over the forecast period. Booming automotive sector is
adding to the global United Kingdom Automotive Roof Racks Market Sharegrowth
over the forecast period.
The global United
Kingdom Automotive Roof Racks Market Sharein the APAC region is predicted to
have favorable growth over the forecast period. Increase in car production,
growing sales of cars for the boost in disposable income, burgeoning demand for
cars from the tourism industry, and the booming tourism sector are adding to
the global United Kingdom Automotive Roof Racks Market Sharegrowth in the
region.
The global United
Kingdom Automotive Roof Racks Market in the RoW is
predicted to have sound growth over the forecast period.
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more:
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