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The car bumper guard market share in the US is projected to reach an estimated value of USD 805.08 million from 2021 to 2026 at an accelerating CAGR of 8.05%.
This market research report extensively covers car bumper guard market segmentations by the following:
The car bumper guard market in the US report also offers information on several market vendors, including Auto Metal Direct LLC, Black Horse Off Road, Bumper Badger, Bumper Bully, BumperX, BumpTek, Goodmark industries, Holley Performance Products inc., KNS Accessories Manufacturing inc., Luv Tap inC., Parking Armor, Real Deal Steel LLC, and Road Armor among others. One of the key highlights of this report is the post COVID-19 impact analysis on the market, which will help companies evaluate their business approaches for the future.
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The increasing demand for luxury cars is notably driving the car bumper guard market growth in the US, although factors such as toughening of crash test standards may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the car bumper guard industry in the US. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Car Bumper Guard Market Driver in the US
Key Car Bumper Guard Market Trend in the US
Key Car Bumper Guard Market Challenge in the US
This car bumper guard market in the US analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the car bumper guard market in the US as a part of the global automotive components and accessories market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the car bumper guard market in the US during the forecast period.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the car bumper guard market in the US encompasses successful business strategies deployed by the key vendors. The car bumper guard market in the US is concentrated and the vendors are deploying growth strategies such as quality, price, service, brand image, distribution, and marketing to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The car bumper guard market in the US forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the car bumper guard market in the US, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
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The car bumper guard market share growth in the US by the commercial vehicle segment will be significant during the forecast period. Commercial vehicles dominated the car bumper guard market in the US in 2021. This is due to commercial vehicles spending more time on the road than passenger cars. Therefore, the components in commercial vehicles wear out faster than those in passenger cars. Thus, the frequency of replacement of components, including the car bumper guards, is more in commercial vehicles than in passenger cars. This, in turn, will drive the US car bumper guard market during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the car bumper guard market size in the US and actionable market insights on post COVID-19 impact on each segment.
Car Bumper Guard Market Scope in the US |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.05% |
Market growth 2022-2026 |
$ 805.08 million |
Market structure |
Concentrated |
YoY growth (%) |
7.18 |
Regional analysis |
US |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
Auto Metal Direct LLC, Black Horse Off Road, Bumper Badger, Bumper Bully, BumperX, BumpTek, Goodmark industries, Holley Performance Products inc., KNS Accessories Manufacturing inc., Luv Tap inC., Parking Armor, Real Deal Steel LLC, and Road Armor |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Vehicle Type
6 Market Segmentation by Distribution Channel
7 Customer Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
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