May 29, 2019   SOURCE: BusinessWire

Global Automotive Skid Plate Market 2019-2023 - Growing Availability of Bumper Skid Plates as OEM Fitment in Compact SUV and Crossovers - ResearchAndMarkets.com

The "Global Automotive Skid Plate Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The automotive skid plate market will register a CAGR of about 15% by 2023.

The growth in the availability of body design accessories at authorized dealers is fueling the growth of the global automotive skid plate market in the forthcoming years. As, the more skid plates are being offered by the automakers, which is driving the sales at the dealer level and contributing to the overall growth of the automotive skid plate market.

Furthermore, most of the automakers have increased the offerings of accessories for SUV, pickup trucks, and CUV at the dealer level because of the growing consumer base for large vehicles that have capabilities for off-road driving.

Market Overview

Growing sales of utility vehicles

The SUV and pickup trucks are usually provided with skid plates as standard or option by the automaker, as the SUV is designed to use on uneven terrains, for off-roading activities, and such surfaces can damage the underbody components of the vehicle. Hence, the growth in their sales volume is driving the growth of the market.

Bulkiness and heaviness of steel skid plates

The automotive skid plates can be made using different materials such as steel, aluminum, and re-enforced elastomer blends. The skid plates that are manufactured using steel are provided with a coating of faux silver or black finish to make it look more rugged and tough. However, steel skid plates are heavy in weight and occupy more space, which adds to the overall weight of the vehicle.

Competitive Landscape

The market appears to be fragmented and with the presence of several companies including All-Pro Offroad and Asfir Technologies Ltd., the competitive environment is quite intense. The players operating in the global motorcycle skid plate market have been working on the use of advanced material for skid plate design and manufacturing.

This technological development is expected to drive the revenue generation of the overall market during the forecast period. Cycra Inc., RCI Offroad, Ricochet Off-Road, Setina Manufacturing Inc., and Zone Offroad Products. are some of the major companies covered in this report.

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

Preface

Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

Market ecosystem

Market characteristics

Market segmentation analysis

PART 04: MARKET SIZING

Market definition

Market sizing 2018

Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

Bargaining power of buyers

Bargaining power of suppliers

Threat of new entrants

Threat of substitutes

Threat of rivalry

Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

Market segmentation by application

Comparison by application

SUV - Market size and forecast 2018-2023

Pickup truck - Market size and forecast 2018-2023

ATV - Market size and forecast 2018-2023

Adventure motorcycle - Market size and forecast 2018-2023

Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

Geographic segmentation

Geographic comparison

North America - Market size and forecast 2018-2023

APAC - Market size and forecast 2018-2023

Europe - Market size and forecast 2018-2023

South America - Market size and forecast 2018-2023

MEA - Market size and forecast 2018-2023

Key leading countries

Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

Market drivers

Market challenges

PART 11: MARKET TRENDS

Growing availability of bumper skid plates as OEM fitment in compact SUV and crossovers

Developments in motorcycle skid plate market

Increasing availability of skid plates at online marketplace

PART 12: VENDOR LANDSCAPE

Overview

Landscape disruption

Competitive scenario

PART 13: VENDOR ANALYSIS

Vendors covered

Vendor classification

Market positioning of vendors

  • All-Pro Offroad
  • Asfir Technologies Ltd.
  • Cycra Inc.
  • RCI Offroad
  • Ricochet Off-Road
  • Setina Manufacturing Inc.
  • Zone Offroad Products

For more information about this report visit https://www.researchandmarkets.com/r/9zht9g