Car Racks Market in Western Europe 2015-2019
About Car Rack
A car rack consists of set of bars mounted on the roof of a car. It acts as an anchor that supports and securely holds a large variety of items, increasing the luggage carrying capacity of a car. These racks are also specialized to mount bikes, water sports equipment, skis, and boats. While some vehicles come with standard factory-installed car racks, others can be purchased and fit with aftermarket parts. They can be fit either temporarily or permanently. They can also be personalized to suit a variety of needs and are characterized based on the load bearing capacity and the types of roofs they are designed to fit. Car racks are used to optimize luggage space, provide comfort and convenience.
TechNavio's analysts forecast the Car Rack market in Western Europe to grow at a CAGR of 5.47 percent and 5.57 percent in terms of revenue and unit shipments, respectively, over the period 2014-2019.
Covered in this Report
TechNavio's report, the Car Rack Market in Western Europe 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report focuses on Western Europe; it also covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
TechNavio Announces the Publication of its Research Report – Car Racks Market in Western Europe 2015-2019
TechNavio recognizes the following companies as the key players in the Car Racks Market in Western Europe: Atera GmbH, Cruzber SA, Hapro International BV, KAMEI GmbH & Co. KG and Mont Blanc Group AB.
Other Prominent Vendors in the market are: HandiWorld, JAC Products, Pendle Bike Racks, Thule Group and Yakima Products.
Commenting on the report, an analyst from TechNavio’s team said: “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.”
According to the report, one of the major drivers of the market is limited boot space in cars. Often, the boot space is insufficient to accommodate bulky items, necessitating the use of a car rack. Car racks fix this problem by providing space on the exterior of a car as they provide increased capacity and allow the carrying of a multitude of items with ease and safety.
Further, the report states that one of the major challenges that the market faces is the effect on performance. Car racks add to the weight and height of a car and disrupt its aerodynamic profile, creating wind resistance, which in turn affect the vehicle's performance.
Atera, Cruzber , Hapro International , KAMEI , Mont Blanc Group , HandiWorld, JAC Products, Pendle Bike Racks, Thule Group, Yakima Products