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Global Automotive Centre Console Market Share, Size, Analysis, Growth, Forecast: By Type: Touch Screens, Buttons and Controls; By Vehicle Type: Passenger Cars, Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV), Electric Vehicle; By Distribution Channels; Regional Analysis; Market Dynamics; Competitive Landscape; 2023-2028
Global Automotive Centre Console Market Outlook
The global automotive centre console market size is expected to grow at a CAGR of 5.50% between 2023 and 2028, driven by the thriving automotive sector and rising production capacity of major players.
Key Trends in the Market
An automotive centre console refer to the control panels and storage space in an automotive that are situated in the front of the vehicle between the driver's seat and the front passenger seat. The centre console of an automotive can have a variety of elements, including electronic devices, control panels, and storage space.
- The expansion of the automotive industry and rising production capacity of the major players globally are driving of the growth of the automotive centre console market. Increased demand for automotive centre consoles in automobiles is being supported by rising research and development activities for improving the automotive interiors by adding more technologically advanced equipment.
- The rising integration of electronics into automobiles with the installation of high-tech accessories, such as heating and cooling containers, touch-screens, advanced entertainment systems, and GPS are further anticipated to positively contribute towards the growth of the market for automotive centre consoles.
- Adoption of light, efficient automobiles with improved fuel efficiency and higher performance is a key trend in the automotive centre console market. Due to increase in importance of reducing the weight of vehicles, there is a heightened demand for automotive central consoles that are lightweight.
Market Analysis
Based on type, the market is bifurcated into touch screens and buttons and controls. On the basis of vehicle type, the market is segregated into passenger cars, light commercial vehicle (LCV), heavy commercial vehicle (HCV), and electric vehicle. By distribution channels, the market is segmented into original equipment manufacturer (OEM) and aftermarket. The regional markets for automotive centre consoles are divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global automotive centre console market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.
- Hyundai Mobis Co Ltd
- Faurecia S.A.
- Johnson Controls Inc.
- Langfang Huaan Automobile Equipment
- Alps Electric Co. Ltd
- Methode Electronics
- Others
Market Share by Vehicle Type
Over the forecast period, passenger cars are anticipated to witness significant growth in the market for automotive centre consoles. The demand for an advanced centre console system is increasing as passenger cars become equipped with more modern and complex components. With increasing use of passenger cars for long-distance and leisure travel, as well as in-city driving, there is a surging demand for automotive centre consoles with advanced entertainment support and GPS capabilities. The boost in passenger vehicle sales is further anticipated to aid the growth of the automotive centre console market.
Market Share by Distribution Channels
The original equipment manufacturer (OEM) distribution channel accounts for a sizable share of the market for automotive centre consoles due to the ease and convenience of installing suitable centre consoles at the time of manufacturing. It is anticipated that emerging data display innovations, among other devices will have a significant impact on the OEM automobile interiors, helping automakers redesign automotive centre consoles and supporting advanced features.
Competitive Landscape
Hyundai Mobis Co Ltd, a well-known manufacturer of automotive parts, with its headquarters in Seoul, South Korea. Established in 1977, the company is focused on emerging autonomous driving, connectivity, and electrification technologies that can define the future of the automotive industry.
Faurecia S.A., established in 1997 with its headquarters in Nanterre, France, is one of the leading global suppliers to the automotive industry. The company inspires mobility through its four business divisions: seating, interiors, clean mobility, and electronics.
Johnson Controls Inc., founded in 1885, is a leading provider of diversified technologies to multiple industries that serve a wide spectrum of clients. The company, which has its headquarters in Cork, Ireland, provides comprehensive property management services as well as building control systems, among others.
Other market players include Langfang Huaan Automobile Equipment, Alps Electric Co. Ltd, and Methode Electronics, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type |
|
| Breakup by Vehicle Type |
|
| Breakup by Distribution Channels |
|
| Breakup by Region |
|
| Market Dynamics |
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| Competitive Landscape |
|
| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Automotive Centre Console Market Analysis
8.1 Key Industry Highlights
8.2 Global Automotive Centre Console Historical Market (2018-2022)
8.3 Global Automotive Centre Console Market Forecast (2023-2028)
8.4 Global Automotive Centre Console Market by Type
8.4.1 Touch Screens
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Buttons and Controls
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Automotive Centre Console Market by Vehicle Type
8.5.1 Passenger Cars
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Light Commercial Vehicle (LCV)
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Heavy Commercial Vehicle (HCV)
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Electric Vehicle
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.6 Global Automotive Centre Console Market by Distribution Channels
8.6.1 Original Equipment Manufacturer (OEM)
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Aftermarket
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.7 Global Automotive Centre Console Market by Region
8.7.1 North America
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2022)
8.7.5.3 Forecast Trend (2023-2028)
9 North America Automotive Centre Console Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Automotive Centre Console Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Automotive Centre Console Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Automotive Centre Console Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Automotive Centre Console Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 EMR’s Key Indicators for Demand
14.4 EMR’s Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Hyundai Mobis Co Ltd
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Faurecia S.A.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Johnson Controls Inc.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Langfang Huaan Automobile Equipment
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Alps Electric Co. Ltd
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Methode Electronics
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Others
16 Key Trends and Developments in the Market
List of Figures and Tables
1. Global Automotive Centre Console Market: Key Industry Highlights, 2018 and 2028
2. Global Automotive Centre Console Historical Market: Breakup by Type (USD Million), 2018-2022
3. Global Automotive Centre Console Market Forecast: Breakup by Type (USD Million), 2023-2028
4. Global Automotive Centre Console Historical Market: Breakup by Vehicle Type (USD Million), 2018-2022
5. Global Automotive Centre Console Market Forecast: Breakup by Vehicle Type (USD Million), 2023-2028
6. Global Automotive Centre Console Historical Market: Breakup by Distribution Channel (USD Million), 2018-2022
7. Global Automotive Centre Console Market Forecast: Breakup by Distribution Channel (USD Million), 2023-2028
8. Global Automotive Centre Console Historical Market: Breakup by Region (USD Million), 2018-2022
9. Global Automotive Centre Console Market Forecast: Breakup by Region (USD Million), 2023-2028
10. North America Automotive Centre Console Historical Market: Breakup by Country (USD Million), 2018-2022
11. North America Automotive Centre Console Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Europe Automotive Centre Console Historical Market: Breakup by Country (USD Million), 2018-2022
13. Europe Automotive Centre Console Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Asia Pacific Automotive Centre Console Historical Market: Breakup by Country (USD Million), 2018-2022
15. Asia Pacific Automotive Centre Console Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Latin America Automotive Centre Console Historical Market: Breakup by Country (USD Million), 2018-2022
17. Latin America Automotive Centre Console Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Middle East and Africa Automotive Centre Console Historical Market: Breakup by Country (USD Million), 2018-2022
19. Middle East and Africa Automotive Centre Console Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Global Automotive Centre Console Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 5.50% between 2023 and 2028.
The major drivers of the market include the expansion of the automotive industry, increasing integration of electronics into automobiles, and rising income levels among the populace.
Rising production capacities of major players, growing demand for premium and high-performance vehicles, and increasing sales of luxury vehicles, are the key trends propelling the growth of the market.
The major regions in the market for automotive centre console are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The primary types of automotive centre consoles are touch screens and buttons and controls.
The various vehicle types in the market for automotive centre consoles are passenger cars, light commercial vehicle (LCV), heavy commercial vehicle (HCV), and electric vehicle.
The significant distribution channels for automotive centre consoles are original equipment manufacturer (OEM) and aftermarket.
The major players in the automotive centre console market are Hyundai Mobis Co Ltd, Faurecia S.A., Johnson Controls Inc., Langfang Huaan Automobile Equipment, Alps Electric Co. Ltd, and Methode Electronics, among others.
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