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 Global Development and Market Demand of Car Accessories&Car Accessories Exhibition

The global demand for automotive parts is showing a continuous growth trend, and is expected to reach 877.12 billion US dollars by 2030. ‌

The growth of the global automotive parts market is mainly influenced by several factors:

Changes in market demand: With the decrease in overseas users' demand for new car purchases, the demand for old car refurbishment continues to grow, providing huge development space for the automotive parts market. This trend is expected to continue, providing opportunities for sustained growth in the automotive parts industry.

The development potential of regional markets: North America and Europe occupy the main share of the automotive parts market, while Southeast Asia, the Middle East and other regional markets have enormous development potential, indicating that these regions will become important growth points for the future automotive parts market.

Diversified demand for product types: The automotive parts market is segmented by type into transmission and powertrain systems, interior and exterior, electronics, body and chassis, seats, lighting, wheels and tires, and others. With the changes in consumer aesthetics and demands, the demand for diversified automotive parts products continues to increase.

The new trend brought by technological progress: With the integration of AI intelligent technology, the demand for intelligent automotive parts is increasing, and the demand for products such as smart rearview mirrors, driving recorders, and intelligent voice navigation is expected to further grow. Meanwhile, the concepts of environmental protection and sustainable development influence consumers' shopping choices, promoting the popularity of sustainable and eco-friendly accessories.

Personalized demand: There is a clear demand for personalized DIY, and more and more people are creating exclusive car styles through personalized car parts to reflect personal taste and preferences.

In summary, the global demand for automotive parts is expected to continue to grow due to various factors, and is showing a trend towards intelligence, environmental friendliness, and personalization.

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