- The key vendors in the Car Racks Market in Western Europe 2015-2019 are Atera GmbH, Cruzber SA, Hapro International BV, KAMEI GmbH & Co. KG and Mont Blanc Group AB.
London, 20 January 2015: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Car Racks Market in Western Europe 2015-2019. Efficient and modern designs are one of the key trends upcoming in this market, wherein vendors are introducing sleeker, compact, and lightweight designs to increase user appeal. Car rack designs are engineered to support the entire load capacity. Use of better materials such as stainless steel over standard steel has increased durability and reduced the weight of these products. The Car Racks market in Western Europe is expected to grow at a CAGR of 5.47 percent and 5.57 percent in terms of value and unit shipments, respectively, during the period 2014-2019.
Car racks are used to optimize luggage space, comfort, and convenience. Lately, the focus has been shifted to reduction of wind noise, modern designs, and resistance to corrosion while manufacturing car racks. Vendors in the market are introducing more sophisticated and aerodynamic designs. Specialized car racks for sports gear are gaining popularity.
“Car racks are designed to suit specific models and the vendors in the market have introduced an exhaustive range of car rack sizes, mounting options, and shapes to suit every car,” says Faisal Ghaus, Vice President of TechNavio Research.
“They add a whole host of features to make a car rack more versatile to accommodate multiple vehicles and suited to carry just about anything from baggage to camping equipment.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
