siliconindia | | September 20184Towards the end of first quarter of 2018, India piped Germany to become the world's fourth largest automobile market. Driven largely by the recent economic growth, rising disposable income, sharp focus on infrastructure development, improved road condition and easy finance schemes, the automobile market is going to experience an upward trajectory in the years to come. However, the larger number of automobile sales is driving the car accessories market too. Talking on the global car accessories market, Zion Market Research in its recent report states that the global car accessories market share that was valued at $360.80 billion in 2016 is expected to reach around $519.01 billion by 2022, growing at a CAGR of around 6.4 percent between 2017 and 2022. The increasing demand towards vehicle care and customizations, especially among the younger generation, will play a pivotal role in driving this market. However, the largely import-driven car accessories market of India is now witnessing a considerable rise of manufacturers in this space, mostly in the unorganized sector offering poor quality products. But in the recent times, a distinct breed of manufacturers have taken charge to transform the industry altogether to put India on the global chart comprising of those handful of players who run the show from the front. Featuring some of such innovative car accessories companies in our recent issue of siliconindia `20 Most Promising Car Accessories Manufacturers - 2018', we bring to you the story of their struggle to produce indigenous but global car accessories products and even have patented their technologies to strengthen India in the global space. Do let us know what you think! Anamika SahuManaging Editoreditor@siliconindia.comEditorialPutting India on the Global Car Accessories Map siliconindia Vol 07 · Issue 2 - 7 · September 12, 2018 Publisher Alok Chaturvedi Managing Editor Anamika Sahu Associate Editor Susila Govindaraj Editorial Team Ananth.V Imelda Tarzarina John Roshan Anto Krupa P. Dave Shefali Mathur Sophia Rohtagi Srrayvinya OLM Sujith Vasudevan Sushruth R Trisha Pragya Karthik Muralidhar Yonus Ahmad Dar VP - Sales & Marketing Virupakshi Pattar Advertising Managers Editorial queries editor@siliconindia.com To subscribe Visit https://www.siliconindiamagazine.com/subscribe/ or send email to subscription@siliconindia.com Cover price is Rs.150 per issue. Printed and Published By Alok Chaturvedi on behalf of SiliconMedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017. Editor Alok ChaturvediCopyright © 2018 SiliconMedia Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.advertise@siliconindia.comVisualisers Veena R Piddannavar Vimalraj Group Art DirectorAshok KumarNoidaGarima Anand Ashu SethiCirculation Manager Magendran PerumalAmeet Kumar Sahoo Kavitha Shashi Ranjan Shivam Tripathi
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