Global Automotive Skid Plate Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Material Type;

Steel, Aluminum, Composite, and Others.

By Application;

SUV , Pickup Truck, ATV and Adventure Motorcycle.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn485292715 Published Date: May, 2024 Updated Date: June, 2024

Introduction

Global Automotive Skid Plate Market (USD Million), 2020 - 2030

In the year 2023, the Global Automotive Skid Plate Market was valued at USD 60,481.67 million. The size of this market is expected to increase to USD 23,156.87 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 14.7%.

The global automotive skid plate market has witnessed robust growth in recent years, driven by increasing consumer demand for off-road vehicles and enhanced vehicle protection. Skid plates, typically made from materials like aluminum, steel, or composite polymers, serve a critical role in safeguarding the vehicle's underbody from damage caused by debris, rocks, and rough terrain. As the popularity of outdoor recreational activities such as off-roading and adventure tourism grows, so does the need for durable and reliable skid plates across various vehicle segments.

In addition to their protective function, automotive skid plates are also being increasingly integrated into mainstream vehicle models as automakers respond to consumer preferences for vehicles with enhanced durability and capability. This trend is particularly noticeable in the SUV (Sport Utility Vehicle) and pickup truck segments, where manufacturers are offering factory-installed skid plates as part of off-road or rugged terrain packages. Moreover, aftermarket demand for skid plates continues to expand, driven by enthusiasts who retrofit their vehicles for off-road adventures or seek to upgrade factory-installed protection with more robust aftermarket solutions.

Geographically, North America and Europe are prominent markets for automotive skid plates, owing to the presence of a large base of off-road vehicle enthusiasts and a strong culture of outdoor recreation. These regions also boast significant spending power among consumers willing to invest in vehicle customization and enhancement. Meanwhile, emerging markets in Asia Pacific, Latin America, and the Middle East are witnessing increasing adoption of off-road vehicles, thereby presenting new opportunities for skid plate manufacturers and aftermarket suppliers.

Technological advancements in materials and manufacturing processes are expected to further bolster market growth. Innovations such as lightweight composite skid plates and advanced coatings for enhanced durability are anticipated to attract more consumers and drive market expansion. Overall, the global automotive skid plate market is poised for steady growth, fueled by evolving consumer preferences, technological advancements, and the expanding appeal of off-road and adventure-driven vehicle experiences.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Material Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Automotive Skid Plate Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Off-road vehicle popularity
        2. Increased vehicle customization trends
        3. Rising consumer awareness about protection
        4. Growing adventure tourism activities
      2. Restraints
        1. High manufacturing costs
        2. Complex installation requirements
        3. Environmental concerns over material usage
        4. Limited availability for older vehicle models
      3. Opportunities
        1. Expansion in emerging markets
        2. Technological advancements in materials
        3. Rising demand for lightweight vehicles
        4. Development of sustainable skid plates
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Automotive Skid Plate Market, By Material Type, 2020 - 2030 (USD Million)
      1. Steel
      2. Aluminum
      3. Composite
      4. Others
    2. Global Automotive Skid Plate Market, By Application, 2020 - 2030 (USD Million)
      1. SUV
      2. Pickup Truck
      3. ATV
      4. Adventure Motorcycle
    3. Global Automotive Skid Plate Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Röchling Automotive
      2. Plastic Omnium
      3. Magna International
      4. Toyota Boshoku Corporation
      5. Moose Utility Division
      6. Bash Plates
      7. Setina Manufacturing Co., Inc
      8. ProTEKt Skid Plates
      9. Aluminum Skid Plates
      10. Dura-Bar Metal Services
  7. Analyst Views
  8. Future Outlook of the Market