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Passenger Car Accessories Market Is Likely to Register Single Digit CAGR During 2016-2026: Persistence Market Research

New York, NY — (SBWIRE) — 03/03/2017 — Passenger Car Accessories Market: Drivers and restraintsGlobal Car accessories market can be driven by following factors. Regulatory bodies mainly responsible for enforcement of laws. According to National Highway Traffic Safety Administration (NHTSA) of U.S., a used or new regulated motor vehicle parts such as tires, rims, brake hoses, seat belt assemblies, motor cycle helmets, gas container, triangular reflective warning devices etc. should be originally manufactured. These accessories must be replace according to the life span. There is a drastic change in consumer demographics, such as increase in income levels and change in the life style trends enables drive the global passenger car accessories market.However, Advanced technologies obviously costlier than the conventional accessories, which may be bottleneck for the global passenger car accessories market.Passenger Car Accessories Market: Region-Wise OutlookGlobal market is segmented into seven key regions: Those are North America, Eastern Europe, Latin America, Asia Pacific Excluding Japan, Western Europe, Japan, Middle East and Africa.North America is expected to dominate the global passenger car accessories market due to the high awareness among the people in the countries like US and Canada. European region anticipated account robust market share due to its advanced life style and demographics. Asia Pacific in terms of market share of passenger car accessories market owing to the rise of automobile industry in the countries like japan, China and India. Global passenger car accessories market is expected to have a significant CAGR as well as annual growth over forecast period.Passenger Car Accessories Market: Key playersSome of the key players are-Toyota-Hyundai Motor Group-Honda-FORD Motor, Inc.-Renault-Nissan-General Motors-Volkswagen Group-BMW-AUDIThe Research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.Browse Full Report summary and to request sample report and table of content @ http://www.persistencemarketresearch.com/market-research/passenger-car-accessories-market.aspAbout Persistence Market ResearchPersistence Market Research (PMR) is a full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs. PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.

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