Published Date : 01 Nov 19 | Views: 113 | Industry : Automation & Transportation
Demand for Hard Tonneau Covers to witness a surge
Based on the product, the Tonneau Covers market has been bifurcated on the basis of Hard Tonneau Covers and Soft Tonneau Cover. Demand for hard Tonneau Covers is expected to be high as compared to the other product types. This is attributed to its extensive application in pickup and luxury pickup trucks. The global Tonneau Covers market has been segregated on the basis of application as OEM and Aftermarket. Tonneau Covers are mostly purchased by automotive OEMs and are further set up in a pickup truck.
North America to emerge as a frontrunner in the near future
Presence of leading manufacturers in the US and well-established automotive sector are the major factors driving the Tonneau Covers market in North America. Europe is likely to emerge as a lucrative regional market in the near future. UK, France, and Italy are contributing significantly to the regional market growth. Asia Pacific is expected to witness significant growth in the coming years owing to booming automotive industry in China.
Key Players Having a Strong Foothold in the Tonneau Covers Market
Agri, Roll, Lock, SnugTop, Lund, Bestop, Rugged Liner, Access Cover, Cover, DiamondBack, Truck Covers USA, TruXmart, Truck Hero, and Gator Covers are some of the leading manufacturers in the global Tonneau Covers market.
For instance, lately, one of the key companies, Gator Covers has launched Gator ETX Soft Tri-Fold Truck Bed Tonneau Cover. This cover protects the truck bed and cargo from rain and snow due to its combination of foam rubber weather seals. Heavy-duty vinyl, lightweight aluminum construction, and too-free installation are other key features associated with the product.
High demand for pickup trucks to drive the Tonneau Covers market in future
Increasing demand for pickup and luxury pickup trucks is positively influencing the demand for Tonneau Covers. Growing need to protect and conceal items in a pick-up truck is also fuelling the product demand. Benefits associated with Tonneau Covers such as adjustability, weather resistance, efficiency, and ease of use are driving their demand among the end users. Product innovations by the manufacturers are anticipated to have a positive impact on the Tonneau Covers market growth.
For more information, check: https://www.qyrconsulting.com/reports/tonneau-covers-market