Global Automotive Rear Mounted Tray Market size was valued US$ XX Mn. in 2019 and the total revenue is expected to grow about 2% from 2020 to 2027, reaching nearly US$ XX Mn.
Global Automotive Rear Mounted Tray Market: Overview
The rear mounted tray in automobiles are often termed as a parcel tray or shelf. This Tray is mounted at the back side of the vehicle in the space between rear seat and windshield. Usually the speakers are assembled on this tray with other accessories; this tray is very usable to keep things like umbrellas, and other miscellaneous items. It covers the luggage placed in the vehicle and gives elegant look to vehicle.
Increasing Hatchback vehicles demand in Asia Pacific region and global manufacturers focus to launch more hatchback and SUV range vehicle are dicing the growth of Global Automotive Rear Mounted Tray Market.
Global Automotive Rear Mounted Tray Market: Competitive Landscape
Identification of key manufacturers in global automotive rear mounted tray market, understanding their collaboration and strategies focusing to keep their position in competitive market, this will provide microscopic analysis of Global Automotive Rear Mounted Tray Market. Global Automotive Rear Mounted Tray Market has presence of a large number of key players. Key manufacturing players are Grupo Antolin, Dongfeng Motor Parts & Components (Group) Co., Ltd., Rochling Group, Sanko Gosei, Lih Feng Jiing Enterprise Co., Ltd., Trim India Pvt. Ltd., AD Plastics d.d. Solin, Kasai Kogyo Co., Ltd.
Global Automotive Rear Mounted Tray Market: Drivers and Restraints
Increasing customer’s preference towards SUV and crossover is driving the Global Automotive Rear Mounted Tray Market. About 48% of total sales of rear mounted trays are generated from SUV and Crossover. Increasing popularity of SUV among people is expected to boost the Global Automotive Rear Mounted Tray Market.
Developing Countries like India and Brazil are showing surge in demand of Hatchback cars. These regions are very price sensitive due to this Hatchback Cars are gaining popularity.
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Premium car segment automakers like Skoda, Mercedes and BMW has shifted their focus from sedan cars to small car segment having Hatchback and SUVs. Competition among automakers is rising with increasing requirements of customers. This will drive the demand for Automotive Rear Mounted Tray.
Safety Concern may raise as this tray may be used to put things which will cover the rear windshield view due to which driver will be unable to see rear view through the rear windshield.
Global Automotive Rear Mounted Tray Market: Regional
As per OCIA, Europe region will show 3% growth in passenger vehicle demand. Countries like Germany, UK, France, and Italy in Europe are forecasted to show the highest growth. Asia Pacific region has major market share over passenger car segment due to large numbers of vehicle component manufacturers in this region. Countries like India, China, Japan and South Korea are showing progressive growth rate due to sales of hatchback cars in recent years.
Global Automotive Rear Mounted Tray Market is extensively dependent on growth of passenger vehicle segment and light commercial vehicle segment. Passenger vehicle has large market volume and also due to its high customer base is driving the growth of hatchback vehicle market resulting in the growth of Global Automotive Rear Mounted Tray Market.
Scope of the Automotive Rear Mounted Tray Market: Inquire before buying
Automotive Rear Mounted Tray Market, by Material Type
• Plastics
• Advance Plastics (Blend)
• Other
Automotive Rear Mounted Tray Market, by End User
• Passenger Vehicles
• Commercial Vehicles
• Off-road Vehicle
Automotive Rear Mounted Tray Market, by Region
• Asia Pacific
• North America
• Europe
• South America
• Middle East & Africa
Key players operating in Automotive Rear Mounted Tray Market
• Grupo Antolin
• Dongfeng Motor Parts & Components (Group) Co., Ltd.
• Rochling Group
• Sanko Gosei
• Lih Feng Jiing Enterprise Co., Ltd.
• Trim India Pvt. Ltd.
• AD Plastics d.d. Solin
• Kasai Kogyo Co., Ltd.
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