A Steering Wheel Cover is an outstanding way for car owners to customize their cars and
improve safety by making the steering wheel simpler to handle. Steering
wheel covers are durable and adds to the comfort of the driver. The
Steering Wheel Cover can be adjusted and arranged as per the comfort of
the person driving the vehicle. The steering wheel covers are
appropriate for any genre of vehicle and can be styled as per need and
demand basis. Owing to increasing demand for the aesthetic style of
steering wheel cover, the market is anticipated to witness substantial
growth across the globe in the near future.
Steering Wheel Cover Market: Dynamics
Owing to various developments in the automotive industry, the size of the
Steering Wheel Cover market anticipates noticeable development as it is a
great add on for personalization to the interiors of the vehicle. New
product ranges with aesthetic appearance has pumped demand for the
market for steering wheel covers.
The price of the Steering Wheel Cover has significantly risen adhering to
the growing demand of automobiles in developing countries. This is
estimated to hinder the Steering Wheel Cover market growth in the near
future. The Steering Wheel Cover has been observed to demonstrate wear
over time with continuous and robust use. Hence, the material longevity
of the product could possibly hamper the Steering Wheel Cover market
development in the coming years.
Continued sales of vehicles have increased the Steering Wheel Cover market in the
worldwide automotive industry. Positive sales perspective and
increasing economy has accelerated consumer demand in developing
nations. Increasing investment in transforming the visuals of the
vehicle by customers has had a positive effect on demand for the
Steering Wheel Cover market.
Steering Wheel Cover Market: SegmentationBased on material type
- Cotton
- Leather
- PU
- PVC
- Others (Rubber, Synthetic mesh, Wooden)Based on vehicle type
- HCV (Heavy Commercial Vehicles)
- Buses and Coaches
- Trucks and Trailers
- LCV (Light Commercial Vehicles)
- Passenger vehicles
- Compact Cars
- Mid-sized Cars
- SUVs
- LuxuryBased on sales channel type
- OEM
- Aftermarket
- Online Sales Channel
- Offline (Distributors, Retailers etc.)
Steering Wheel Cover Market: Regional Outlook
With the increase in the vehicles parc, Asia Pacific is projected to
showcase considerable growth in the Steering Wheel Cover market. The
primary countries contributing to the market expansion in this region
are the developing economies liked India and China. Urbanization in the
corresponding region is fuelling the need for automobiles which directly
or indirectly impacts the Steering Wheel Cover market.
The Steering Wheel Cover market in Europe is anticipated to grow owing to
factors such as increasing population and surged disposable income which
in turn boosts the region’s market demand. Increasing trade and
logistics is estimated to fuel the demand for commercial vehicles
coupled with luxury vehicle export is estimated to drive market
advancement in countries like Germany and UK.
The demand for greater sophistication of vehicles and multi-function of
steering wheels is expected to drive the steering wheel market growth in
North America. The United States is one of the prominent countries
wherein growing demand of visual appeal in automobiles is driving the
steering wheel cover market.
Steering Wheel Cover Market: Key Players
Some of the global market players of the Steering Wheel Cover market are as follows:
- Haas Outdoors, Inc – Mossy Oak
- Plasticolor Inc
- Bell Automotive Inc
- WheelSkins Inc
- AutoDrive Technologies
- Custom Accessories
- Pilot Automotive
- Startech
- Realtree
- Accuform Signs
- AutoLoc Power Accessories
- Metra
- Roadpro Brands
- OTC Bosch Automotive Service Solutions
