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Automotive Side Step Market Scope and Opportunities Analysis 2019 - 2027

Author: Akash Pande
by Akash Pande
Posted: Jun 16, 2019

Automotive side step is enables easy entry and exit from vehicles. The side step is fitted at the at the bottom of the doors of the vehicle. Its primarily reduces the gap or space between the ground and the vehicle to enable easy & comfortable entry and exit. Automotive side steps are made of different shapes and sizes in order to enhance their lifespan and durability.

Increasing demand for vehicles across the globe is a key factor driving the global automotive side step market. Changing preferences of customers toward heavy duty and multi utility vehicles is expected to fuel the demand of the automotive side step in the market during the forecast period. Increasing per capita income and rising concerns about comfort among customers are also major factor that are projected to boost the market. However, surge in demand for small and lightweight vehicles is a key factor that is likely to hamper the demand of the automotive side step in the market.

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The global automotive side step market can be segmented based on material, design, application, operation, vehicle, sales channel, and region. Based on material, the market can be bifurcated into stainless steel, composites, and aluminum alloys. In terms of design, this market can be divided into hollow/tubular bar, running boards, bars, hoop steps, single steps, and others. Based on application, the market can be split into sides and back. Based on the operation, the automotive side step market can be segregated into fixed, manual, and electronic. In terms of vehicle, this market can be bifurcated into passenger vehicles and commercial vehicles. The passenger vehicles segment can be further split into compact SUV’s, heavy SUVs, and MUV’s & pickups. The commercial vehicles segment can be further sub-segmented into trucks, buses, and heavy vans.

Based on sales channel, the automotive side step market can be split into OEM and aftermarket. OEM is the dominant segment, and it is expected to dominate the automotive side step market during the forecast period. Demand for this is significantly high in the aftermarket segment; however, the installation of aftermarket automotive side step is difficult and expensive. Based on region, the global market can be segmented into North America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is likely to hold a prominent share of the global market during the forecast period. Expansion of the automotive industry and robust demand for active safety features are driving the market in Asia Pacific. High rate of adoption of latest technologies in North America and Europe is expected to drive the market in these regions during the forecast period.

Key players in the global automotive side step market are Havoc off-road accessories, Ionic Automotive, Bryant Motors, CURT Manufacturing LLC, Mr. Kustom Chicago, Iron Cross Automotive, 4wheelparts.com, Lund Truck Accessories, AMP Power Step, Raptor, Trail FX, Westin, and Romik.

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About the Author

Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materia

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Author: Akash Pande

Akash Pande

Member since: Jan 03, 2019
Published articles: 1306

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