Automotive Skid Plate Market Insights, Deep Analysis of Key Vendor in the Industry 2021-2030

An automotive skid plate is a sheet of abrasion – resistant material fixed onto the undercarriage to prevent damage when it is near, or contact is made with the ground. Automotive skid plates are most widely used in off – roading conditions to save the vehicle from damage.

Due to the advantage of automotive skid plates of protecting against damage, it is also used for the protection of various other components of the vehicle such as the engine, gearbox, fuel tank, transfer cases, differentials, control arms and various different essential parts of the vehicle.

Nowadays, fake automotive skid plates are added to the underside of the vehicle giving them an off – road feel without actually being one, thereby giving a sporty and trendy look to the vehicle. Since automotive skid plates are exposed to a higher amount of dirt and debris on the ground, the conventional material of steel is replaced with other materials such as plastic or fiber glass to provide a longer life cycle.

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Automotive skid plate: Market Drivers and Challenges

Of the passenger car sales, SUVs have exceeded the 40% of the total new car sales worldwide. Furthermore, the SUV sales have offset the gains made via electric vehicles. Increased spending on automotive accessories by the regional population has been instrumental in the development of automotive skid plate sales.

The burgeoning sales of the SUV has significantly contributed to the sales of automobile skid plate. The growth of automobile skid plate is also attributed to adventurous fanatics and the recent rise of off – roading competitions such as dune bashing, rock racing, desert racing mudding, rock crawling amongst many others.

Impact of COVID-19 on Automotive skid plate market

With the subdued growth of the automobile industry before the covid-19 impact, the industry has further faced production slowdown in the present year due to the pandemic. The reduced output production coupled with disruption in component supply chain has been strongly evident in the first half of the fiscal.

However, during in the second quarter of 2020, automobile sales improved as compared to the first with market growth reeling back towards a decent growth rate. The rebound for automotive skid plated market growth is likely to incur a considerable time with low to moderate sales of the product in regional markets.

Automotive skid plate: Regional Market Outlook

North America accounts for the significant amount of sales of SUV’s, pick – ups and long haul vehicles which travel over a long distance thereby accounting for a higher demand of automotive skid plates as well.

Factors such as the rise in tourism, races and off – roading adventure sports in various regions such as North America, followed by Europe and Oceania is expected to boost the growth of the automotive skid plates market.

Automotive skid plate: Key Market Players

Major market participants in the global Automotive skid plate market identified across the value chain include:

• All-Pro
• Setina Manufacturing Company
• RCI Metalworks
• PELFREYBILT
• BudBuilt
• Dirtbound Offroad
• Max-Bilt
• EVO Manufacturing
• Zone Offroad

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The Automotive skid plate report covers exhaustive analysis on:

• Automotive skid plate Market Segments
• Automotive skid plate Market Dynamics
• Automotive skid plate Market Size
• Automotive skid plate Supply & Demand
• Current Trends/Issues/Challenges in the Automotive skid plate market
• Competition & Companies involved in the Automotive skid plate market
• Automotive skid plate Technology
• Value Chain of market

Automotive skid plate regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico, Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

Automotive skid plate Report Highlights:

• Detailed overview of parent market of the market
• Changing the market dynamics in the industry
• In-depth Automotive skid plate market segmentation
• Historical, current, and projected market size in terms of volume and value
• Recent industry trends and developments in Automotive skid plate
• Automotive skid plate market competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint

Automotive skid plate: Market Segmentation

Vehicle type:

• SUVs
• ATVs
• Military vehicles
• Pickup trucks
• Adventure motorcycles

Sales channel:

• Independent aftermarket
• Original equipment supplier
• Workshops
• E-commerce channels

 Material:

• Ultra-High Molecular Weight Plastic
• Aluminum
• Steel
• Plastic Steel

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