Market Overview:
The global step bars market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for SUVs and ORVs, and rising awareness about safety among consumers. The market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into stainless steel, aluminum alloy, plastic, and other materials. Stainless steel dominates the global step bars market due to its high strength-to-weight ratio and corrosion resistance properties. Aluminum alloy is also a popular choice for manufacturing step bars as it offers good strength-to-weight ratio along with corrosion resistance properties; however, it is more expensive than stainless steel. Plastic step bars are lightweight and less expensive than metalstep bars; however they are not as strong as metalstepbarsand are prone to damage in harsh weather conditions .
Product Definition:
A step bar is a metal or plastic bar that is attached to the side of a vehicle, typically a truck or SUV, and provides a step for passengers to use when entering or exiting the vehicle. Step bars are often used as running boards, which are also metal or plastic bars that run along the sides of vehicles but do not provide steps.
Stainless Steel:
Stainless steel is a type of alloy which consists of iron, chromium, nickel and titanium. It has high resistance to corrosion and can be easily fabricated. The cost of stainless steel is relatively higher than regular carbon steel; however it has excellent weldability, formability and machinability making it one of the most valuable alloys for industrial applications.
Aluminum Alloy:
Aluminum alloys are materials consisting of two or more metals that share similar properties. The most common types of aluminum alloys include cast and wrought. Wrought is the process in which a metal strip is rolled between two dies to create the final product whereas cast alloy consists of raw materials such as aluminum, copper, zinc, and tin and it is produced in a foundry by melting the ingredients together at high temperatures.
Application Insights:
The SUV segment led the global step bars market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for high-performance vehicles across various regions, including Asia Pacific, North America and Europe. In addition, stringent government regulations on driving safety are expected to boost product demand in this segment over the coming years.
The other vehicle category includes light commercial vehicles (LCVs) as well as heavy commercial vehicles (HCVs). Step bars are widely used in HCVs owing to their ability to protect drivers from injuries during rollover accidents caused by low-slung trucks or buses with open driver's cabs.
Regional Analysis:
Asia Pacific dominated the global step bars market in terms of revenue with a share of over 40.0% in 2017. This is attributed to increasing demand for four-wheelers and rising construction activities, especially in developing countries such as India and China. The growing automotive industry coupled with rapid urbanization across these nations will boost the product demand further, which is expected to drive regional growth over the forecast period.
Europe was estimated to be the second largest region by market share in 2017 owing to high consumer preference towards luxury vehicles including SUVs and off-roaders that need enhanced safety features for protection from obstacles at highway speeds on uneven terrain, thus driving product adoption rate significantly higher than other applications across this region during same period.
Growth Factors:
- Increasing demand for SUVs and trucks
- Rising disposable income of consumers
- Growing trend of outdoor activities and adventure sports
- Proliferation of 4x4 aftermarket products and services
- Technological advancements in the design and manufacturing of step bars
Scope Of The Report
Report Attributes
Report Details
Report Title
Step Bars Market Research Report
By Type
Stainless Steel, Aluminum Alloy, Plastic, Other
By Application
SUV, ORV, Others
By Companies
Safe Fleet, Westin Automotive, Tyger Auto, Iron Cross Automotive, Ranch Hand, RBP Rolling Big Power, Maxway International, Tuff-Bar, ProMaxx Automotive, Innovative Creations Inc, Putco
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Step Bars Market Report Segments:
The global Step Bars market is segmented on the basis of:
Types
Stainless Steel, Aluminum Alloy, Plastic, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
SUV, ORV, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Safe Fleet
- Westin Automotive
- Tyger Auto
- Iron Cross Automotive
- Ranch Hand
- RBP Rolling Big Power
- Maxway International
- Tuff-Bar
- ProMaxx Automotive
- Innovative Creations Inc
- Putco
Highlights of The Step Bars Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Stainless Steel
- Aluminum Alloy
- Plastic
- Other
- By Application:
- SUV
- ORV
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Step Bars Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Step Bars are a type of training equipment that helps you increase your strength and endurance. They are typically made from metal or plastic, and have a series of steps that lead up to a platform. You can use them for aerobic exercise, weightlifting, or balance exercises.
Some of the major companies in the step bars market are Safe Fleet, Westin Automotive, Tyger Auto, Iron Cross Automotive, Ranch Hand, RBP Rolling Big Power, Maxway International, Tuff-Bar, ProMaxx Automotive, Innovative Creations Inc, Putco.
The step bars market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Step Bars Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Step Bars Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Step Bars Market - Supply Chain
4.5. Global Step Bars Market Forecast
4.5.1. Step Bars Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Step Bars Market Size (000 Units) and Y-o-Y Growth
4.5.3. Step Bars Market Absolute $ Opportunity
5. Global Step Bars Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Step Bars Market Size and Volume Forecast by Type
5.3.1. Stainless Steel
5.3.2. Aluminum Alloy
5.3.3. Plastic
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Step Bars Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Step Bars Market Size and Volume Forecast by Application
6.3.1. SUV
6.3.2. ORV
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Step Bars Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Step Bars Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Step Bars Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Step Bars Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Step Bars Demand Share Forecast, 2019-2026
9. North America Step Bars Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Step Bars Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Step Bars Market Size and Volume Forecast by Application
9.4.1. SUV
9.4.2. ORV
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Step Bars Market Size and Volume Forecast by Type
9.7.1. Stainless Steel
9.7.2. Aluminum Alloy
9.7.3. Plastic
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Step Bars Demand Share Forecast, 2019-2026
10. Latin America Step Bars Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Step Bars Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Step Bars Market Size and Volume Forecast by Application
10.4.1. SUV
10.4.2. ORV
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Step Bars Market Size and Volume Forecast by Type
10.7.1. Stainless Steel
10.7.2. Aluminum Alloy
10.7.3. Plastic
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Step Bars Demand Share Forecast, 2019-2026
11. Europe Step Bars Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Step Bars Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Step Bars Market Size and Volume Forecast by Application
11.4.1. SUV
11.4.2. ORV
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Step Bars Market Size and Volume Forecast by Type
11.7.1. Stainless Steel
11.7.2. Aluminum Alloy
11.7.3. Plastic
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Step Bars Demand Share, 2019-2026
12. Asia Pacific Step Bars Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Step Bars Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Step Bars Market Size and Volume Forecast by Application
12.4.1. SUV
12.4.2. ORV
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Step Bars Market Size and Volume Forecast by Type
12.7.1. Stainless Steel
12.7.2. Aluminum Alloy
12.7.3. Plastic
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Step Bars Demand Share, 2019-2026
13. Middle East & Africa Step Bars Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Step Bars Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Step Bars Market Size and Volume Forecast by Application
13.4.1. SUV
13.4.2. ORV
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Step Bars Market Size and Volume Forecast by Type
13.7.1. Stainless Steel
13.7.2. Aluminum Alloy
13.7.3. Plastic
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Step Bars Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Step Bars Market: Market Share Analysis
14.2. Step Bars Distributors and Customers
14.3. Step Bars Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Safe Fleet
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Westin Automotive
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Tyger Auto
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Iron Cross Automotive
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Ranch Hand
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. RBP Rolling Big Power
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Maxway International
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Tuff-Bar
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. ProMaxx Automotive
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Innovative Creations Inc
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Putco
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
