Global Car Tuning Market Overview 

The Global Car Tuning Market size is estimated to reach $5.09 billion by 2026, growing at a CAGR of 5.8% over the forecast period of 2021-2026. Car tuning is the process of modifying a vehicle to optimize it for a different set of performance needs than those for which it was designed. Higher engine performance and dynamic handling characteristics are the most prominent examples, although cars can also be modified to give improved fuel economy or smoother response. When tuning, the purpose is to increase a vehicle's overall performance in response to the user's needs. As a result, emissions performance, component dependability, and occupant comfort are frequently sacrificed in the tuning process. 

 

Impact of COVID-19 on Car Tuning Market

During the COVID-19 epidemic, the automobile and transportation sectors were unquestionably among the most afflicted. However, the situation is improving. Automobile dealerships are becoming increasingly busy, and many are eager to add to their inventory. Overall mobility is improving, albeit not quite at pre-COVID-19 levels. While the use of shared mobility services and public transportation is increasing, regions where many commuters and their employers recognize the benefits of working from home, are rebounding more slowly.

 

Key Takeaways from Global Car Tuning Market Report:

• Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at country level – for fuel type, modification type, vehicle type, modification area, and by different industry verticals. Understand the various market dynamics – key driving factors, challenges, and hidden opportunities.
• Get in-depth insights on your competitor's performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT, and more.
• Analyze the sales and distribution channels across key geographies to improve top-line revenues.
• Understand the industry supply chain with a deep dive on the value augmentation at each step to optimize value and bring efficiencies in your processes. 
• Get a quick outlook on the market entropy – M&As, deals, partnerships, product launches of all key players for the past four years. 
• Evaluate the supply-demand gaps, import-export statistics, and regulatory landscape for more than the top 20 countries globally for the market
• By Vehicle Type, the market for Passenger Vehicles Segment is to grow at the highest CAGR during the forecast period.

 

The car tuning market is segmented into passenger vehicles, light commercial vehicles, and heavy commercial vehicles based on vehicle type. The passenger's vehicles segment dominated the market in 2020 and is also the fastest-growing during the period 2021-2026 with a CAGR of 4.2% over the period 2021-2026. Passenger car demand is driven by rising passenger vehicle production globally and increased demand for automobile tuning.

The Asia Pacific to account for the largest market share during the forecast period

With a market share of 36.9% in 2020, the North American region dominated the Car Tuning Market. North America will dominate among other areas in 2020 due to the increased use of motor vehicles and the majority of companies. 

 

During the projection period, Asia-Pacific is expected to offer significant growth possibilities. This is due to emerging nations like China and India; rising per capita income drives up passenger car sales.

 

Car Tuning Market - Dynamics

Driver: Advancements in Technology in Engine Tuning are set to drive the market demand. 

Over the projected period, the demand for automotive tuning will be driven by an increase in the adoption of tuning and remapping solutions for the Engine Control Unit (ECU), such as chip installation, tuning boxes, On-Board Diagnostics tuning, and sophisticated ECU.

 

Challenge: The cost of automotive performance tuning and engine remapping services is exorbitantly restraining the market growth.

Engine Control Unit (ECU) tuning services for automobile performance increases have gotten much attention, notably from car enthusiasts and manufacturers. These services effectively remap the software in a vehicle's ECU, increasing power and torque. Without adding or modifying any hardware, performance tuning and engine remapping in automobiles can serve a variety of additional engine features. Increasing the fuel/air ratio, for example, will assist cars in reaching their maximum performance. Emappers claim to have improved horsepower by up to 30-40bhp and torque by up to 80nm, according to estimates. Consumers' greater willingness to pay for high-performance vehicles, particularly high-end luxury automobiles, is opening up new opportunities in the automobile industry, even when the cost is considerable.

 

Car Tuning Market - Key Market Players

Key Players in the Global Car Tuning Market consist of Derive Systems, COBB tuning, Alientech SRL, Roo Systems, EFI Live, Magic Motorsports, Edge Products LLC, Diablo Sports, Mountune, Autotuner, among others.

 

Report Coverage and Scope

The report "Global Car Tuning Market" by Research Informatic covers an in-depth detailed analysis for the following segment covered under the scope.

By Fuel Type

• Gasoline
• Diesel
• By Vehicle Type
• Passenger Vehicles
• Light Commercial Vehicles
• Heavy Commercial Vehicles

 

By Modification Type

• Audio
• Interior
• Body Tuning
• Engine Tuning
• Suspension Tuning
• Tires
• Others

 

By Tuning Stage 

• Stage -1
• Stage -2
• Stage -3

 

By Sales Channel

• OEM
• Aftermarket

 

By Geography

• North America
• Europe
• APAC
• RoW

Global Car Tuning Market Growth, Trend and Forecast 2022-2027

Chapter 1 Car Tuning Market Overview

1.1 Product Overview and Scope of Car Tuning

1.2 Car Tuning Market Segmentation by Fuel Type

1.2.1 Global Car Tuning Market Share of Car Tuning by Fuel Type in 2022

1.2.2 Gasoline

1.2.3 Diesel

1.3 Car Tuning Market Segmentation by Vehicle Type

1.3.1 Passenger Vehicles

1.3.2 Light Commercial Vehicles

1.3.3 Heavy Commercial Vehicles

1.4 Car Tuning Market Segmentation by Modification Type

1.4.1 Audio

1.4.2 Interior

1.4.3 Body Tuning

1.4.4 Engine Tuning

1.4.5 Suspension Tuning

1.4.6 Tires

1.4.7 Others

1.5 Car Tuning Market Segmentation by Tuning Stage

1.5.1 Stage -1

1.5.2 Stage -2

1.5.3 Stage -3

1.6 Car Tuning Market Segmentation by Regions

1.6.1 North America

1.6.2 China

1.6.3 Europe

1.6.4 Southeast Asia

1.6.5 Japan

1.6.6 India

1.6.7 Global Market Size (Value) of Car Tuning (2015-2028)

Chapter 2 Global Economic Impact on Car Tuning Industry

2.1 Global Macroeconomic Environment Analysis

2.1.1 Global Macroeconomic Analysis

2.1.2 Global Macroeconomic Environment Development Trend

2.2 Global Macroeconomic Environment Analysis by Regions

Chapter 3 Global Car Tuning Market Competition by Manufacturers

3.1 Global Car Tuning Production and Share by Manufacturers (2021 and 2022)

3.2 Global Car Tuning Revenue and Share by Manufacturers (2021 and 2022)

3.3 Global Car Tuning Average Price by Manufacturers (2021 and 2022)

3.4 Manufacturers Car Tuning Manufacturing Base Distribution, Production Area and Product Type

3.5 Car Tuning Market Competitive Situation and Trends

3.5.1 Car Tuning Market Concentration Rate

3.5.2 Car Tuning Market Share of Top 3 and Top 5 Manufacturers

3.5.3 Mergers & Acquisitions, Expansion

Chapter 4 Global Car Tuning Production, Revenue (Value) by Region (2015-2022)

4.1 Global Car Tuning Production by Region (2015-2022)

4.2 Global Car Tuning Production Market Share by Region (2015-2022)

4.3 Global Car Tuning Revenue (Value) and Market Share by Region (2015-2022)

4.4 Global Car Tuning Production, Revenue, Price and Gross Margin (2015-2022)

4.5 North America Car Tuning Production, Revenue, Price and Gross Margin (2015-2022)

4.6 Europe Car Tuning Production, Revenue, Price and Gross Margin (2015-2022)

4.7 China Car Tuning Production, Revenue, Price and Gross Margin (2015-2022)

4.8 Japan Car Tuning Production, Revenue, Price and Gross Margin (2015-2022)

4.9 Southeast Asia Car Tuning Production, Revenue, Price and Gross Margin (2015-2022)

4.10 India Car Tuning Production, Revenue, Price and Gross Margin (2015-2022)

Chapter 5 Global Car Tuning Supply (Production), Consumption, Export, Import by Regions (2015-2022)

5.1 Global Car Tuning Consumption by Regions (2015-2022)

5.2 North America Car Tuning Production, Consumption, Export, Import by Regions (2015-2022)

5.3 Europe Car Tuning Production, Consumption, Export, Import by Regions (2015-2022)

5.4 China Car Tuning Production, Consumption, Export, Import by Regions (2015-2022)

5.5 Japan Car Tuning Production, Consumption, Export, Import by Regions (2015-2022)

5.6 Southeast Asia Car Tuning Production, Consumption, Export, Import by Regions (2015-2022)

5.7 India Car Tuning Production, Consumption, Export, Import by Regions (2015-2022)

Chapter 6 Global Car Tuning Production, Revenue (Value), Price Trend by Type

6.1 Global Car Tuning Production and Market Share by Type (2015-2022)

6.2 Global Car Tuning Revenue and Market Share by Type (2015-2022)

6.3 Global Car Tuning Price by Type (2015-2022)

6.4 Global Car Tuning Production Growth by Type (2015-2022)

Chapter 7 Global Car Tuning Market Analysis by Application

7.1 Global Car Tuning Consumption and Market Share by Application (2015-2022)

7.2 Global Car Tuning Consumption Growth Rate by Application (2015-2022)

7.3 Market Drivers and Opportunities

7.3.1 Potential Applications

7.3.2 Emerging Markets/Countries

Chapter 8 Car Tuning Manufacturing Cost Analysis

8.1 Car Tuning Key Raw Materials Analysis

8.1.1 Key Raw Materials

8.1.2 Price Trend of Key Raw Materials

8.1.3 Key Suppliers of Raw Materials

8.1.4 Market Concentration Rate of Raw Materials

8.2 Proportion of Manufacturing Cost Structure

8.2.1 Raw Materials

8.2.2 Labor Cost

8.2.3 Manufacturing Expenses

8.3 Manufacturing Process Analysis of Car Tuning

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

9.1 Car Tuning Industrial Chain Analysis

9.2 Upstream Raw Materials Sourcing

9.3 Raw Materials Sources of Car Tuning Major Manufacturers in 2022

9.4 Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

10.1 Marketing Channel

10.1.1 Direct Marketing

10.1.2 Indirect Marketing

10.1.3 Marketing Channel Development Trend

10.2 Market Positioning

10.2.1 Pricing Strategy

10.2.2 Brand Strategy

10.2.3 Target Client

10.3 Distributors/Traders List

Chapter 11 Market Effect Factors Analysis

11.1 Technology Progress/Risk

11.1.1 Substitutes Threat

11.1.2 Technology Progress in Related Industry

11.2 Consumer Needs/Customer Preference Change

11.3 Economic/Political Environmental Change

Chapter 12 Global Car Tuning Market Forecast (2022-2027)

12.1 Global Car Tuning Production, Revenue Forecast (2022-2027)

12.2 Global Car Tuning Production, Consumption Forecast by Regions (2022-2027)

12.3 Global Car Tuning Production Forecast by Type (2022-2027)

12.4 Global Car Tuning Consumption Forecast by Application (2022-2027)

12.5 Car Tuning Price Forecast (2022-2027)

Chapter 13 Appendix