Global Automotive Tuner Market Size study, by Component Type (Hardware Component, Software) by Vehicle Type (Passenger Car, LCV, HCV) by Fuel Type (Gasoline, Diesel) by Sales Channel (Direct Sales, Third Party Online Channel, Independent Stores/Shops, Other Sales Channel) and Regional Forecasts 2021-2027

  • Product Code:
    RP-ID-10347684
  • Published Date:
    17 Jul 2021
  • Region:
    Global
  • Pages:
    200
  • Category:
    Automotive & Transportation
  • Publisher:
    Pub-ID-14

Impact Analysis on the Growth of Market

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Global Automotive Tuner Market is valued approximately USD XXX million in 2020 and is anticipated to grow with a healthy growth rate of more than 5.8 % over the forecast period 2021-2027. An automotive tuner, which consists of both hardware and software, is used to fine-tune a vehicle's output. Automotive tuners offer consumers a boost in engine efficiency and provide statistics on vehicle torque and horsepower. Automotive tuners are primarily used to improve the performance of vehicles by installing additional components, such as ECU software upgrades, that cause the vehicle to run more efficiently and produce more power than stock software or hardware. The growing market for high-performance vehicles presents opportunities for automobile repair and maintenance companies to improve vehicle performance and quality. Consumers are turning to automotive tuners to improve the value of their vehicles as disposable income rises and tax rates on sports cars and compact cars fall. Consumer demand for high-performance engines and fuel-efficient cars is expected to drive the global automotive turner market. The demand has been growing due to increased automotive demand and an emphasis on aftermarket and repair services. The demand will continue to expand as passenger vehicle rise. Automotive retail sales in India increased by 11.66 percent in September 2020, according to registration data published by the Federation of Automobile Dealers Association (FADA). According to the India Brand Equity Foundation (IBEF), passenger vehicle sales in India reached 3,10,294 units in October 2020, representing a 14.9 percent growth over sales in October 2019. During the forecast timeframe, the rising demand for aftermarket vehicle services and solutions would also generate a favourable climate for car tuner sales. However, over the projected period of 2021-2027, the market's growth will be hampered by a shortage of legislation and common norms, as well as gradual convergence. Advancements in automotive turner, on the other hand, offer a lucrative prospect for the industry.

The main regions of Asia Pacific, North America, Europe, Latin America, and the Rest of the World are considered in the geographical overview of the global Automotive Tuner industry. Because of the steady rise in vehicle purchases, increasing vehicle parc, and increased demand for performance tuning and ECU mapping, North America is the leading region in terms of market share. Whereas, over the forecast period 2021-2027, Asia-Pacific is expected to have the highest CAGR as demand for technology for better car maintenance and growing willingness to invest on vehicle maintenance would generate lucrative growth opportunities for the Automotive Tuner market in the Asia-Pacific region.

Major market player included in this report are:
Derive Systems
Cobb Tuning
Alientech SRL
Roo Systems
EFI Live
Magic Motorsports
Edge Products
Diablo Sport
Mountune
AEM Electronics
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Component Type:
Hardware Component
Software
By Vehicle Type:
Passenger Car
LCV
HCV
By Fuel Type:
Gasoline
Diesel
By Sales Channel:
Direct Sales
Third Party Online Channel
Independent Stores/Shops
Other Sales Channel

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027

Target Audience of the Global Automotive Tuner Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
  •  Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth Market Players Analysis & Opportunity Outlook
Chapter 1.Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Automotive Tuner Market, by Region, 2019-2027 (USD Billion)
1.2.2. Automotive Tuner Market, by Component Type, 2019-2027 (USD Billion)
1.2.3. Automotive Tuner Market, by Vehicle Type, 2019-2027 (USD Billion)
1.2.4. Automotive Tuner Market, by Fuel Type, 2019-2027 (USD Billion)
1.2.5. Automotive Tuner Market, by Sales Channel, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Automotive Tuner Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Automotive Tuner Market Dynamics
3.1. Automotive Tuner Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Growing demand for high-performance vehicles
3.1.1.2. Rising demand for aftermarket vehicle services and solutions
3.1.2. Market Challenges
3.1.2.1. shortage of legislation and common norms
3.1.3. Market Opportunities
3.1.3.1. Advancements in automotive turner
Chapter 4. Global Automotive Tuner Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Automotive Tuner Market, by Component Type
5.1. Market Snapshot
5.2. Global Automotive Tuner Market by Component Type, Performance - Potential Analysis
5.3. Global Automotive Tuner Market Estimates & Forecasts by Component Type 2018-2027 (USD Billion)
5.4. Automotive Tuner Market, Sub Segment Analysis
5.4.1. Hardware Component
5.4.2. Software
Chapter 6. Global Automotive Tuner Market, by Vehicle Type
6.1. Market Snapshot
6.2. Global Automotive Tuner Market by Vehicle Type, Performance - Potential Analysis
6.3. Global Automotive Tuner Market Estimates & Forecasts by Vehicle Type 2018-2027 (USD Billion)
6.4. Automotive Tuner Market, Sub Segment Analysis
6.4.1. Passenger Car
6.4.2. LCV
6.4.3. HCV
Chapter 7. Global Automotive Tuner Market, by Fuel Type
7.1. Market Snapshot
7.2. Global Automotive Tuner Market by Fuel Type, Performance - Potential Analysis
7.3. Global Automotive Tuner Market Estimates & Forecasts by Fuel Type 2018-2027 (USD Billion)
7.4. Automotive Tuner Market, Sub Segment Analysis
7.4.1. Gasoline
7.4.2. Diesel
Chapter 8. Global Automotive Tuner Market, by Sales Channel
8.1. Market Snapshot
8.2. Global Automotive Tuner Market by Sales Channel, Performance - Potential Analysis
8.3. Global Automotive Tuner Market Estimates & Forecasts by Sales Channel 2018-2027 (USD Billion)
8.4. Automotive Tuner Market, Sub Segment Analysis
8.4.1. Direct Sales
8.4.2. Third Party Online Channel
8.4.3. Independent Stores/Shops
8.4.4. Other Sales Channel
Chapter 9. Global Automotive Tuner Market, Regional Analysis
9.1. Automotive Tuner Market, Regional Market Snapshot
9.2. North America Automotive Tuner Market
9.2.1. U.S. Automotive Tuner Market
9.2.1.1. Component Type breakdown estimates & forecasts, 2018-2027
9.2.1.2. Vehicle Type breakdown estimates & forecasts, 2018-2027
9.2.1.3. Fuel Type breakdown estimates & forecasts, 2018-2027
9.2.1.4. Sales Channel breakdown estimates & forecasts, 2018-2027
9.2.2. Canada Automotive Tuner Market
9.3. Europe Automotive Tuner Market Snapshot
9.3.1. U.K. Automotive Tuner Market
9.3.2. Germany Automotive Tuner Market
9.3.3. France Automotive Tuner Market
9.3.4. Spain Automotive Tuner Market
9.3.5. Italy Automotive Tuner Market
9.3.6. Rest of Europe Automotive Tuner Market
9.4. Asia-Pacific Automotive Tuner Market Snapshot
9.4.1. China Automotive Tuner Market
9.4.2. India Automotive Tuner Market
9.4.3. Japan Automotive Tuner Market
9.4.4. Australia Automotive Tuner Market
9.4.5. South Korea Automotive Tuner Market
9.4.6. Rest of Asia Pacific Automotive Tuner Market
9.5. Latin America Automotive Tuner Market Snapshot
9.5.1. Brazil Automotive Tuner Market
9.5.2. Mexico Automotive Tuner Market
9.6. Rest of The World Automotive Tuner Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Derive Systems
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. Cobb Tuning
10.2.3. Alientech SRL
10.2.4. Roo Systems
10.2.5. EFI Live
10.2.6. Magic Motorsports
10.2.7. Edge Products
10.2.8. Diablo Sport
10.2.9. Mountune
10.2.10. AEM Electronics
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption
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Derive Systems
Cobb Tuning
Alientech SRL
Roo Systems
EFI Live
Magic Motorsports
Edge Products
Diablo Sport
Mountune
AEM Electronics
Please enter your personal details below
*
I want to buy this report
I am willing to know the scope of research
I have customized query over this report

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