Car Covers Market Strategies and Share 2031
Car covers are large sheets of fabric used as a protection shield for cars from external sources like heat, rain, dust, snowfall and bird droppings. It also helps to maintain the shine and refined texture of the car. With the increase in sales of automotive vehicles, consumers are concerned about the safety and protection of the vehicle, which is driving the market growth.
MARKET DYNAMICS
Increasing concerns among consumers about the safety of vehicles is the main factor for the growth of the market. Car covers protects the car from damage caused by external factors such as dust, rain, heat and harmful sunrays which affect the electronic system of the car. However, one of the restraints of car covers are the damage caused to the paint due to friction between car and the cover.
MARKET SCOPE
The "Global Car Covers Market Analysis to 2031" is a specialized and in-depth study of the consumer goods industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the car covers market with detailed market segmentation by type and distribution channel. The global car covers market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading car covers market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global car covers market is segmented into type and distribution channel. By type, the car covers market is segmented into custom car covers and OEM car covers. By distribution channel, the car covers market is classified into supermarkets and hypermarkets, specialty stores, online retail, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global car covers market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The car covers market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trends and opportunities prevailing in the region.
The report analyzes factors affecting the car covers market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely, North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the car covers market in these regions.
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The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global car covers market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The car covers market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trends and opportunities prevailing in the region.
The report analyzes factors affecting the car covers market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely, North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the car covers market in these regions.
MARKET PLAYERS
The report covers vital developments in the car covers market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the car covers market are anticipated to witness lucrative growth opportunities in the future with the rising demand for car covers in the global market. Below mentioned is the list of few companies engaged in the car covers market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the car covers market. Besides, the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the recent development in the past five years.
- Siemens AG
- Schneider Electric SE
- ABB Ltd.
- Legrand SA
- Hager Group
- Somfy
- GIRA
- JUNG
- HDL
- JOBO Smartech
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Car Covers Market - By Type
1.3.2 Car Covers Market - By Distribution Channel
1.3.3 Car Covers Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. CAR COVERS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. CAR COVERS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. CAR COVERS MARKET - GLOBAL MARKET ANALYSIS
6.1. CAR COVERS - GLOBAL MARKET OVERVIEW
6.2. CAR COVERS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. CAR COVERS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. CUSTOM CAR COVERS
7.3.1. Overview
7.3.2. Custom Car Covers Market Forecast and Analysis
7.4. OEM CAR COVERS
7.4.1. Overview
7.4.2. OEM Car Covers Market Forecast and Analysis
8. CAR COVERS MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
8.1. OVERVIEW
8.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
8.3. SUPERMARKETS AND HYPERMARKETS
8.3.1. Overview
8.3.2. supermarkets and hypermarkets Market Forecast and Analysis
8.4. SPECIALTY STOREONLINE RETAIL
8.4.1. Overview
8.4.2. specialty storeonline retail Market Forecast and Analysis
8.5. OTHERS
8.5.1. Overview
8.5.2. others Market Forecast and Analysis
9. CAR COVERS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Car Covers Market Overview
9.1.2 North America Car Covers Market Forecasts and Analysis
9.1.3 North America Car Covers Market Forecasts and Analysis - By Type
9.1.4 North America Car Covers Market Forecasts and Analysis - By Distribution Channel
9.1.5 North America Car Covers Market Forecasts and Analysis - By Countries
9.1.5.1 United States Car Covers Market
9.1.5.1.1 United States Car Covers Market by Type
9.1.5.1.2 United States Car Covers Market by Distribution Channel
9.1.5.2 Canada Car Covers Market
9.1.5.2.1 Canada Car Covers Market by Type
9.1.5.2.2 Canada Car Covers Market by Distribution Channel
9.2. EUROPE
9.2.1 Europe Car Covers Market Overview
9.2.2 Europe Car Covers Market Forecasts and Analysis
9.2.3 Europe Car Covers Market Forecasts and Analysis - By Type
9.2.4 Europe Car Covers Market Forecasts and Analysis - By Distribution Channel
9.2.5 Europe Car Covers Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Car Covers Market
9.2.5.1.1 Germany Car Covers Market by Type
9.2.5.1.2 Germany Car Covers Market by Distribution Channel
9.2.5.2 France Car Covers Market
9.2.5.2.1 France Car Covers Market by Type
9.2.5.2.2 France Car Covers Market by Distribution Channel
9.2.5.3 Italy Car Covers Market
9.2.5.3.1 Italy Car Covers Market by Type
9.2.5.3.2 Italy Car Covers Market by Distribution Channel
9.2.5.4 United Kingdom Car Covers Market
9.2.5.4.1 United Kingdom Car Covers Market by Type
9.2.5.4.2 United Kingdom Car Covers Market by Distribution Channel
9.2.5.5 Russia Car Covers Market
9.2.5.5.1 Russia Car Covers Market by Type
9.2.5.5.2 Russia Car Covers Market by Distribution Channel
9.2.5.6 Rest of Europe Car Covers Market
9.2.5.6.1 Rest of Europe Car Covers Market by Type
9.2.5.6.2 Rest of Europe Car Covers Market by Distribution Channel
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Car Covers Market Overview
9.3.2 Asia-Pacific Car Covers Market Forecasts and Analysis
9.3.3 Asia-Pacific Car Covers Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Car Covers Market Forecasts and Analysis - By Distribution Channel
9.3.5 Asia-Pacific Car Covers Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Car Covers Market
9.3.5.1.1 Australia Car Covers Market by Type
9.3.5.1.2 Australia Car Covers Market by Distribution Channel
9.3.5.2 China Car Covers Market
9.3.5.2.1 China Car Covers Market by Type
9.3.5.2.2 China Car Covers Market by Distribution Channel
9.3.5.3 India Car Covers Market
9.3.5.3.1 India Car Covers Market by Type
9.3.5.3.2 India Car Covers Market by Distribution Channel
9.3.5.4 Japan Car Covers Market
9.3.5.4.1 Japan Car Covers Market by Type
9.3.5.4.2 Japan Car Covers Market by Distribution Channel
9.3.5.5 South Korea Car Covers Market
9.3.5.5.1 South Korea Car Covers Market by Type
9.3.5.5.2 South Korea Car Covers Market by Distribution Channel
9.3.5.6 Rest of Asia-Pacific Car Covers Market
9.3.5.6.1 Rest of Asia-Pacific Car Covers Market by Type
9.3.5.6.2 Rest of Asia-Pacific Car Covers Market by Distribution Channel
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Car Covers Market Overview
9.4.2 Middle East and Africa Car Covers Market Forecasts and Analysis
9.4.3 Middle East and Africa Car Covers Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Car Covers Market Forecasts and Analysis - By Distribution Channel
9.4.5 Middle East and Africa Car Covers Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Car Covers Market
9.4.5.1.1 South Africa Car Covers Market by Type
9.4.5.1.2 South Africa Car Covers Market by Distribution Channel
9.4.5.2 Saudi Arabia Car Covers Market
9.4.5.2.1 Saudi Arabia Car Covers Market by Type
9.4.5.2.2 Saudi Arabia Car Covers Market by Distribution Channel
9.4.5.3 U.A.E Car Covers Market
9.4.5.3.1 U.A.E Car Covers Market by Type
9.4.5.3.2 U.A.E Car Covers Market by Distribution Channel
9.4.5.4 Rest of Middle East and Africa Car Covers Market
9.4.5.4.1 Rest of Middle East and Africa Car Covers Market by Type
9.4.5.4.2 Rest of Middle East and Africa Car Covers Market by Distribution Channel
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Car Covers Market Overview
9.5.2 South and Central America Car Covers Market Forecasts and Analysis
9.5.3 South and Central America Car Covers Market Forecasts and Analysis - By Type
9.5.4 South and Central America Car Covers Market Forecasts and Analysis - By Distribution Channel
9.5.5 South and Central America Car Covers Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Car Covers Market
9.5.5.1.1 Brazil Car Covers Market by Type
9.5.5.1.2 Brazil Car Covers Market by Distribution Channel
9.5.5.2 Argentina Car Covers Market
9.5.5.2.1 Argentina Car Covers Market by Type
9.5.5.2.2 Argentina Car Covers Market by Distribution Channel
9.5.5.3 Rest of South and Central America Car Covers Market
9.5.5.3.1 Rest of South and Central America Car Covers Market by Type
9.5.5.3.2 Rest of South and Central America Car Covers Market by Distribution Channel
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. CAR COVERS MARKET, KEY COMPANY PROFILES
11.1. SIEMENS AG
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. SCHNEIDER ELECTRIC SE
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. ABB LTD
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. LEGRAND SA
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. HAGER GROUP
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. SOMFY
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. GIRA
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. JUNG
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. HDL
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. JOBO SMARTECH
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Siemens AG
2. Schneider Electric SE
3. ABB Ltd
4. Legrand SA
5. Hager Group
6. Somfy
7. GIRA
8. JUNG
9. HDL
10. JOBO Smartech
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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