Global Automotive Centre Console Market is valued at approximately USD 41.5 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 6.60% over the forecast period 2024-2032. The automotive center console serves as a centralized storage and control hub situated between the driver's seat and the front passenger seat, running from the dashboard to the midpoint between the seats. This console houses a range of features including control units, audio controls, temperature settings, air conditioner controls, and convenient cup holders, offering a functional and organized space within the vehicle's interior. The rising focus on connectivity and convenience features is gaining attention in the Global Automotive Centre Console Market. Automotive manufacturers are leveraging connectivity and convenience features to enhance the overall user experience within the vehicle. Center consoles play a crucial role in providing intuitive interfaces and ergonomic designs that facilitates the control over various functions, access information, and interact with the vehicle's systems without distraction.
The Global Automotive Centre Console Market is driven by the growing popularity of electric vehicles and increasing demand for luxurious interiors within automobiles across the world. The shift towards electric vehicles presents opportunities for innovation and differentiation in automotive center console design. Manufacturers can explore new materials, finishes, and configurations to create distinctive interior environments that align with premium electric vehicles. In addition, automakers utilize interior design as a key differentiator to distinguish their vehicles in the competitive automotive market. A well-designed and luxurious center console enhances the overall perception of the vehicle's quality, craftsmanship, and brand recognition. However, the high cost of the automotive centre console and the rising inclination for adding front slang seats is going to impede the overall demand for the market during the forecast period 2024-2032.
The key regions considered for the Global Automotive Centre Console market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, Europe was the largest regional market in terms of revenue owing to factors such as the increasing presence of prominent automotive manufacturing companies across the region. Prominent automotive companies lead the industry in technological innovation. Their expertise and investment in cutting-edge technologies drive the integration of advanced features within automotive center consoles, such as touchscreen displays, connectivity options, and smart controls, meeting the evolving demands of consumers for modern and connected vehicles. Furthermore, the market in Asia Pacific is expected to develop at the fastest rate over the forecast period 2024-2032.
Major market players included in this report are:
- Johnson Controls International plc
- Grammer AG
- Magneti Marelli S.p.A
- Faurecia SE
- TSI Products Inc
- Hertland Automotive LLC
- Sanko Gosei Corporation
- GAC Group Component Co., Ltd
- Yanfeng Visteon Corporation
- Carfu Car Accessories Co., Ltd
The detailed segments and sub-segment of the market are explained below:
By Type
- Electromagnetic
- DC Motor Type
- Permanent Magnet Motor
By Application
- Passenger cars
- Heavy Commercial Vehicle
- Light Commercial Vehicle
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- RoMEA
Years considered for the study are as follows:
- Historical year - 2022
- Base year - 2023
- Forecast period - 2024 to 2032
Key Takeaways:
- Market Estimates & Forecast for 10 years from 2022 to 2032.
- Annualized revenues and regional level analysis for each market segment.
- Detailed analysis of geographical landscape with Country level analysis of major regions.
- Competitive landscape with information on major players in the market.
- Analysis of key business strategies and recommendations on future market approach.
- Analysis of competitive structure of the market.
- Demand side and supply side analysis of the market
Table of Contents
Chapter 1. Global Automotive Centre Console Market Definition and Research Assumptions
- 1.1. Research Objective
- 1.2. Market Definition
- 1.3. Research Assumptions
- 1.3.1. Inclusion & Exclusion
- 1.3.2. Limitations
- 1.3.3. Supply Side Analysis
- 1.3.3.1. Availability
- 1.3.3.2. Infrastructure
- 1.3.3.3. Regulatory Environment
- 1.3.3.4. Market Competition
- 1.3.3.5. Economic Viability (Consumer's Perspective)
- 1.3.4. Demand Side Analysis
- 1.3.4.1. Regulatory frameworks
- 1.3.4.2. Technological Advancements
- 1.3.4.3. Environmental Considerations
- 1.3.4.4. Consumer Awareness & Acceptance
- 1.4. Estimation Methodology
- 1.5. Years Considered for the Study
- 1.6. Currency Conversion Rates
Chapter 2. Executive Summary
- 2.1. Global Automotive Centre Console Market Size & Forecast (2022- 2032)
- 2.2. Regional Summary
- 2.3. Segmental Summary
- 2.3.1. By Type
- 2.3.2. By Application
- 2.4. Key Trends
- 2.5. Recession Impact
- 2.6. Analyst Recommendation & Conclusion
Chapter 3. Global Automotive Centre Console Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Challenges
- 3.3. Market Opportunities
Chapter 4. Global Automotive Centre Console Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top investment opportunity
- 4.4. Top winning strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Automotive Centre Console Market Size & Forecasts by Type 2022-2032
- 5.1. Electromagnetic
- 5.2. DC Motor Type
- 5.3. Permanent Magnet Motor
Chapter 6. Global Automotive Centre Console Market Size & Forecasts by Application 2022-2032
- 6.1. Passenger cars
- 6.2. Heavy Commercial Vehicle
- 6.3. Light Commercial Vehicle
Chapter 7. Global Automotive Centre Console Market Size & Forecasts by Region 2022-2032
- 7.1. North America Automotive Centre Console Market
- 7.1.1. U.S. Automotive Centre Console Market
- 7.1.1.1. Type breakdown size & forecasts, 2022-2032
- 7.1.1.2. Application breakdown size & forecasts, 2022-2032
- 7.1.2. Canada Automotive Centre Console Market
- 7.2. Europe Automotive Centre Console Market
- 7.2.1. U.K. Automotive Centre Console Market
- 7.2.2. Germany Automotive Centre Console Market
- 7.2.3. France Automotive Centre Console Market
- 7.2.4. Spain Automotive Centre Console Market
- 7.2.5. Italy Automotive Centre Console Market
- 7.2.6. Rest of Europe Automotive Centre Console Market
- 7.3. Asia-Pacific Automotive Centre Console Market
- 7.3.1. China Automotive Centre Console Market
- 7.3.2. India Automotive Centre Console Market
- 7.3.3. Japan Automotive Centre Console Market
- 7.3.4. Australia Automotive Centre Console Market
- 7.3.5. South Korea Automotive Centre Console Market
- 7.3.6. Rest of Asia Pacific Automotive Centre Console Market
- 7.4. Latin America Automotive Centre Console Market
- 7.4.1. Brazil Automotive Centre Console Market
- 7.4.2. Mexico Automotive Centre Console Market
- 7.4.3. Rest of Latin America Automotive Centre Console Market
- 7.5. Middle East & Africa Automotive Centre Console Market
- 7.5.1. Saudi Arabia Automotive Centre Console Market
- 7.5.2. South Africa Automotive Centre Console Market
- 7.5.3. Rest of Middle East & Africa Automotive Centre Console Market
Chapter 8. Competitive Intelligence
- 8.1. Key Company SWOT Analysis
- 8.2. Top Market Strategies
- 8.3. Company Profiles
- 8.3.1. Johnson Controls International plc
- 8.3.1.1. Key Information
- 8.3.1.2. Overview
- 8.3.1.3. Financial (Subject to Data Availability)
- 8.3.1.4. Product Summary
- 8.3.1.5. Market Strategies
- 8.3.2. Grammer AG
- 8.3.3. Magneti Marelli S.p.A
- 8.3.4. Faurecia SE
- 8.3.5. TSI Products Inc
- 8.3.6. Hertland Automotive LLC
- 8.3.7. Sanko Gosei Corporation
- 8.3.8. GAC Group Component Co., Ltd
- 8.3.9. Yanfeng Visteon Corporation
- 8.3.10. Carfu Car Accessories Co., Ltd
Chapter 9. Research Process
- 9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
- 9.2. Research Attributes