Market Share of Passenger Car Accessories Industry
The market for passenger car accessories market is a fragmented one with numerous local aftermarket players. Some of the key players in the passenger car accessories market include Harman International Industries Inc., Faurecia, Denso Corporation, Robert Bosch, and Aptiv PLC, among others.
These payers are engaging in new product launches, joint ventures, and expansion of their activities. For instance,
- In August 2022, Bosch India and PTV Group signed an agreement to develop vehicle connectivity solutions in India.
- In June 2022, Continental AG invested in Motovis Intelligent Technologies and signed an agreement to develop autonomous mobility solutions from Level 2 to Level 4 vehicle autonomy.
- In February 2022, Harman International, a Samsung Electronics company, and Microsoft announced a collaboration to integrate with Microsoft Azure Private Multi-access Edge Compute (PMEC) with the products from the Digital Transformation Solutions (DTS) business of Harman International.
Passenger Car Accessories Market Leaders
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Robert Bosch GmbH
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Denso Corp.
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Continental AG
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Lear Corporation
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Harman International
*Disclaimer: Major Players sorted in no particular order