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Global Automotive Fender Roller Market to Reach USD 9.26 Billion by 2025, Aided by the Growing Automotive Industry

According to a new report by EMR titled, ‘Global Automotive Fender Roller Market Report and Forecast 2020-2025’, the global market for automotive fender roller was around USD 7.3 billion in 2019. The industry is further expected to grow at a CAGR of 6% between 2020 and 2025 to attain a value of USD 9.26 billion by 2025.

The global automotive fender roller industry is being aided by the growing automotive sector and escalating consumer disposable incomes. The automotive industry is being aided by the growing demand for light vehicles, particularly in emerging nations. With the shift of manufacturers from mature markets to emerging ones, the automotive industry is expected to witness a further expansion. In the United States, the pool of potential buyers for light vehicles remains strong. These factors will, in turn, aid the growth of the automotive fender roller industry.

The growing popularity of online channels owing to the convenience factor and the thriving retail industry are further aiding the automotive fender roller industry growth. The retail corporations like Walmart Inc (NYSE: WMT) are making the product available to the consumers at discounted prices. Further, in February 2020, the e-commerce giant, Amazon.com, Inc. announced that the company had made an investment worth USD 15 billion and launched 225 new tools and services in 2019 to help the small and medium-sized businesses and third-party sellers grow and thrive worldwide. Such developments are expected to enhance the sales volume of automotive fender rollers, thus, accelerating the industry growth.

Market Breakup by Vehicle Type, End Use, and Regions:

  • On the basis of vehicle type, the industry can be divided into passenger vehicle, light commercial vehicle, and heavy commercial vehicle.
  • Based on end use, the industry is bifurcated into OEM and aftermarket.
  • Region-wise, the global automotive fender roller industry can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The global automotive fender roller industry is being driven by the growing automotive industry and the increase in sales of vehicles.
  • The increasing urbanisation and the growing fleet leasing and management market are significantly contributing to the industry growth.
  • The increasing purchasing power and the rising demand for premium cars, particularly in emerging nations, is further aiding the market growth.
  • The growing e-commerce industry is expected to accelerate the market growth in the forecast period.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for automotive fender roller for the periods (2015-2019) and (2020-2025).
  • The report also offers historical (2015-2019) and forecast (2020-2025) market information for the vehicle types, end-uses, and regional markets of automotive fender roller.
  • It also provides an assessment of the industry based on the Porter’s Five Forces model, along with giving a SWOT and value chain analysis.

The major players in the global automotive fender roller market are Qingdao Smart Industrial Co., Ltd., The Eastwood Company, and Summit Racing Equipment (Autosales, Incorporated), among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

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Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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