Global Automotive Center Console Market is anticipated to reach US$ 55.56 Bn. by 2029 from US$ 42.50 Bn. in 2022 at a CAGR of 3.9% during a forecast period.Automotive Center Console Market Overview
A center console in a car is a space in the center front of the vehicle, between the front passenger's seat and the driver's seat. A central console in a car may include a range of elements, including electrical equipment and control systems, and may be used as storage. Audio controllers, air-conditioning units, cup holders, auxiliary power outlets or even a video display can be used in automotive center’s consoles as a storage space.To know about the Research Methodology :- Request Free Sample Report The report also covers the detailed analysis of the global automotive center console industry with the classifications of the market based on vehicle type, sales channel and region. Analysis of past market dynamics from 2018 to 2022 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key player's contribution in it.
Market Dynamics:
The growth of the automobile industry, as well as the fact that major players around the world are increasing their production potential, are propelling the automotive center console market forward. Furthermore, the demand for luxury and high-performance vehicles is projected to propel the automotive center console industry forward during the forecasted period. Furthermore, research and development to update vehicle interiors by adding more technologically sophisticated equipment with the end goal of increasing comfort and providing new accessories are expected to drive demand for automotive center consoles. Similarly, the increasing incorporation of electronics in automobiles to improve performance, as well as the installation of high-tech accessories such as heating and cooling bins, are expected to drive the growth of the automotive center console market during the forecast period. The automotive center console industry's latest trend among original equipment manufacturers (OEMs) is to produce lightweight but dependable vehicles with improved fuel economy, better sound, and the use of smart glass technology in the center console are expected to create demand for lighter-weight vehicle center consoles market. However, the increasing preference for adding front slang seats is expected to limit the growth of the automobile center console market during the forecast period.Segmentation Analysis:
By Vehicle Type, the passenger vehicle segment is anticipated to emerge as the fastest-growing segment, registering a CAGR of xx% during the forecast period. It includes sedans, hatchbacks, station wagons, Sports Utility Vehicles (SUVs), and Multi-Utility Vehicles (MUVs) equipped with several smart components, like smart controllers, which give access to several cabin features. The passenger vehicle segment of the automobile center console industry is growing rapidly in Asia Pacific's developing countries. The region's demand growth can be due to an increase in GDP and population, a change in lifestyle, improved customer buying power, and the expansion of infrastructure. Similarly, commercial vehicles are anticipated to boost the automotive center console market due to technological advancements during the forecast period. By Sales Channel, the OEM segment accounted for the largest market share in 2022 and is expected to account for the largest global automotive center console market share during the forecast period. Original equipment manufacturers (OEMs) in the automotive center console industry are now focusing on producing compact, fuel-efficient vehicles with better efficiency and fuel economy. Also assisting automakers in recasting automotive center consoles and the production of touch screens, fledgling data display advancements, and assorted gadgets are projected to have a huge effect on car interiors. This significant trend is expected to propel the OEM segment, and thus the automotive center console market. Due to an increase in the total population's per capita revenue, the Asia Pacific region is projected to see strong demand for automotive center consoles over the forecast period. Also, government policies in countries such as India and China are expected to drive the development of the automotive center console industry during the forecast period. Europe accounts for a substantial portion of the global automotive center console market due to the presence of major OEM players in the area. Europe, North America, and the Asia Pacific are expected to account for more than half of global automotive center console demand during the forecast period, owing to the high prevalence of big OEMs in these regions.Automotive Center Console Market Scope: Inquire before buying
Automotive Center Console Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 42.50 Bn. Forecast Period 2023 to 2029 CAGR: 3.9% Market Size in 2029: US $ 55.56 Bn. Segments Covered: by Vehicle Type Passenger Vehicle Commercial Vehicle by Sales Channel OEM Aftermarket Automotive Center Console Market by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest) South America (Brazil, Argetina and Rest of South America)Automotive Center Console Market Key Players
1. Yanfeng Automotive Trim Systems Co 2. Novem Car Interior Design GmbH 3. Novares Group S.A 4. Emerson Electric Co 5. AGM Automotive 6. Continental AG 7. MVC Holdings 8. Grammer AG 9. Faurecia S.A. 10. Lear Corporation 11. DRÄXLMAIER Group 12. Johnson Controls Inc 13. Alps Electric Co. Ltd 14. Methode Electronics 15. Delphi Automotive plc 16. Magna International Inc 17. Valeo Group Frequently Asked Questions: 1. Which region has the largest share in Global Automotive Center Console Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Global Automotive Center Console Market? Ans: The Global Automotive Center Console Market is growing at a CAGR of 3.9% during forecasting period 2023-2029. 3. What is scope of the Global Automotive Center Console market report? Ans: Global Automotive Center Console Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Automotive Center Console market? Ans: The important key players in the Global Automotive Center Console Market are – Yanfeng Automotive Trim Systems Co, Novem Car Interior Design GmbH, Novares Group S.A, Emerson Electric Co, AGM Automotive, Continental AG, MVC Holdings, Grammer AG, Faurecia S.A., Lear Corporation, DRÄXLMAIER Group, Johnson Controls Inc, Alps Electric Co. Ltd, Methode Electronics, Delphi Automotive plc, Magna International Inc, and Valeo Group 5. What is the study period of this market? Ans: The Global Automotive Center Console Market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Automotive Center Console Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Automotive Center Console Market 3.4. Geographical Snapshot of the Automotive Center Console Market, By Manufacturer share 4. Global Automotive Center Console Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Automotive Center Console Market 5. Supply Side and Demand Side Indicators 6. Global Automotive Center Console Market Analysis and Forecast, 2022-2029 6.1. Global Automotive Center Console Market Size & Y-o-Y Growth Analysis. 7. Global Automotive Center Console Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 7.1.1. Passenger Vehicle 7.1.2. Commercial Vehicle 7.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 7.2.1. OEM 7.2.2. Aftermarket 8. Global Automotive Center Console Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Automotive Center Console Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 9.1.1. Passenger Vehicle 9.1.2. Commercial Vehicle 9.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 9.2.1. OEM 9.2.2. Aftermarket 10. North America Automotive Center Console Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Automotive Center Console Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 12. Canada Automotive Center Console Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 13. Mexico Automotive Center Console Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 14. Europe Automotive Center Console Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 15. Europe Automotive Center Console Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Automotive Center Console Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 17. France Automotive Center Console Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 18. Germany Automotive Center Console Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 19. Italy Automotive Center Console Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 20. Spain Automotive Center Console Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 21. Sweden Automotive Center Console Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 22. CIS Countries Automotive Center Console Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 23. Rest of Europe Automotive Center Console Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 24. Asia Pacific Automotive Center Console Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 25. Asia Pacific Automotive Center Console Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Automotive Center Console Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 27. India Automotive Center Console Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 28. Japan Automotive Center Console Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 29. South Korea Automotive Center Console Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 30. Australia Automotive Center Console Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 31. ASEAN Automotive Center Console Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 32. Rest of Asia Pacific Automotive Center Console Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 33. Middle East Africa Automotive Center Console Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 34. Middle East Africa Automotive Center Console Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Automotive Center Console Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 36. GCC Countries Automotive Center Console Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 37. Egypt Automotive Center Console Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 38. Nigeria Automotive Center Console Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 39. Rest of ME&A Automotive Center Console Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 40. South America Automotive Center Console Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 41. South America Automotive Center Console Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Automotive Center Console Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 43. Argentina Automotive Center Console Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 44. Rest of South America Automotive Center Console Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Sales Channel, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Automotive Center Console Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Applications 45.2.3.2. M&A Key Players, Forward Integration and Backward Integration 45.3. Company Profile : Key Players 45.3.1. AGM Automotive 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.4. Yanfeng Automotive Trim Systems Co 45.5. Novem Car Interior Design GmbH 45.6. Novares Group S.A 45.7. Emerson Electric Co 45.8. AGM Automotive 45.9. Continental AG 45.10. MVC Holdings 45.11. Lear Corporation., LLC 45.12. Grammer AG 45.13. Faurecia S.A. 45.14. DRÄXLMAIER Group 45.15. Johnson Controls Inc 45.16. Alps Electric Co. Ltd 45.17. Methode Electronics 45.18. Delphi Automotive plc 45.19. Magna International Inc 45.20. Valeo Group 46. Primary Key Insights