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Global Overhead Console Market Share, Trends, Forecast: By Type: Front Overhead Console, Rear Overhead Console; By Material: ABS, Polypropylene, SMA Plastic, Others; By Vehicle Type: Passenger Cars, Commercial Vehicles; By Application: Lighting, Others; By Sales Channel; Regional Analysis; Competitive Landscape; 2024-2032
Global Overhead Console Market Outlook
The global overhead console market size reached approximately USD 42.61 billion in 2023. The market is projected to grow at a CAGR of 5.6% between 2024 and 2032, reaching a value of around USD 69.58 billion by 2032.
Key Trends in the Market
An overhead console is a feature added in vehicles which provides several functions such as a dropdown compartment for storage, lighting device, and integrated microphone, among other sensors. The lights attached to the vehicles provide visibility when entering or exiting the car and they are also used as a reading light.
- One of the major global overhead console market trends is the rising demand for customisation and personalisation of vehicles. In today's automotive landscape, consumers are more interested in getting a tailored experience from their vehicles. This has prompted manufacturers to provide additional overhead consoles that can be customised with a range of finishes, materials, and features.
- The integration of advanced technologies is another factor enhancing the global overhead console market demand. Overhead consoles are no longer limited to basic storage compartments; they now incorporate touchscreens, infotainment controls, ambient lighting, and even wireless charging pads for electronic devices. These features enhance the user experience and bring a touch of modernity to the vehicle's interior.
- With the rapid expansion of the automotive sector, there is an increasing focus on improving vehicle safety and interior design due to the greater emphasis placed on the matter by regulatory bodies. This scenario guides the global overhead console market growth as overhead consoles are subjected to regulations regarding their design, placement, and materials to ensure they do not pose a safety hazard to occupants in the event of a collision. Compliance with these standards propels the development of safer and more advanced overhead consoles.
Market Analysis
Based on type, the market can be bifurcated into the front overhead console and rear overhead console. The global overhead console market segmentation, based on material, includes ABS, polypropylene, and SMA plastic, among others. The market, based on vehicle type, is divided into passenger cars and commercial vehicles.
The market categorisation, based on application, includes lighting, sunroof, vehicle telematics, and infotainment, among others. Based on sales channels, the market is segmented into OEM and aftermarket. The regional markets for overhead consoles are 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 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 overhead console market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.
- HELLA GmbH & Co. KGaA
- Magna International Inc.
- Yanfeng International Automotive Technology Co. Ltd.
- Flextronics International, LTD
- Grupo Antolin Irausa, S.A.
- JPC Automotive
- International Automotive Components Group GmbH
- Methode Electronics Inc.
- Gentex Corporation
- Kojima Industries Corporation
- Others
Market Share by Type
Front overhead consoles are expected to account for a substantial portion of the global overhead console market share in the forecast period. A front overhead console in a vehicle refers to the storage compartment located above the front seats, typically attached to the ceiling of the car. It serves various purposes such as additional storage space for smaller items, and it makes use of otherwise unused space in the cabin. Moreover, well-designed overhead consoles can enhance the interior aesthetics of a vehicle.
Market Share by Material
According to the global overhead console market analysis, acrylonitrile butadiene styrene (ABS) is expected to substantially aid the growth of the market in the forecast period. It is a common thermoplastic polymer known for its excellent combination of strength, rigidity, and toughness. ABS is a sturdy material, which can be easily moulded and shaped into complex forms and allows manufacturers to create customised and intricate designs for overhead consoles.
Competitive Landscape
HELLA GmbH & Co. KGaA, commonly known as HELLA, is a well-established German automotive technology company with a global presence. Founded in 1899, it has a long history of innovation and excellence in the automotive industry. The company is primarily known for its role as an automotive supplier. It specialises in producing a wide range of automotive components and systems, including lighting, electronics, sensors, and more.
Magna International Inc. is a prominent Canadian multinational automotive supplier headquartered in Aurora, Ontario. Established in 1957, the company has evolved into one of the largest and most influential players in the global automotive industry. Magna's core business centres around the design, development, and production of a wide array of automotive systems, modules, components, and assemblies.
Yanfeng International Automotive Technology Co. Ltd. is a Chinese automotive interior solutions supplier and a subsidiary of Yanfeng Automotive Holdings Co., Ltd. It is considered one of the largest suppliers of automotive interiors in the world. The company primarily focuses on designing and manufacturing automotive interior components and systems such as instrument panels, door panels, centre consoles, and other interior trim components.
Other global overhead console market players include Flextronics International, LTD, Grupo Antolin Irausa, S.A., JPC Automotive, International Automotive Components Group GmbH, Methode Electronics Inc., Gentex Corporation, and Kojima Industries Corporation, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Material |
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| Breakup by Vehicle Type |
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| Breakup by Application |
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| Breakup by Sales Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| 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 Overhead Console Market Analysis
8.1 Key Industry Highlights
8.2 Global Overhead Console Historical Market (2018-2023)
8.3 Global Overhead Console Market Forecast (2024-2032)
8.4 Global Overhead Console Market by Type
8.4.1 Front Overhead Console
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Rear Overhead Console
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Overhead Console Market by Material
8.5.1 ABS
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Polypropylene
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 SMA Plastic
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Overhead Console Market by Vehicle Type
8.6.1 Passenger Cars
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Commercial Vehicles
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.7 Global Overhead Console Market by Application
8.7.1 Lighting
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Sunroof
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Vehicle Telematics
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Infotainment
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Others
8.8 Global Overhead Console Market by Sales Channel
8.8.1 OEM
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Aftermarket
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.9 Global Overhead Console Market by Region
8.9.1 North America
8.9.1.1 Historical Trend (2018-2023)
8.9.1.2 Forecast Trend (2024-2032)
8.9.2 Europe
8.9.2.1 Historical Trend (2018-2023)
8.9.2.2 Forecast Trend (2024-2032)
8.9.3 Asia Pacific
8.9.3.1 Historical Trend (2018-2023)
8.9.3.2 Forecast Trend (2024-2032)
8.9.4 Latin America
8.9.4.1 Historical Trend (2018-2023)
8.9.4.2 Forecast Trend (2024-2032)
8.9.5 Middle East and Africa
8.9.5.1 Historical Trend (2018-2023)
8.9.5.2 Forecast Trend (2024-2032)
9 North America Overhead Console Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Overhead Console Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Overhead Console Market Analysis
11.1 China234
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)654
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Overhead Console Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Overhead Console Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
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 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 HELLA GmbH & Co. KGaA
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 Magna International Inc.
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 Yanfeng International Automotive Technology Co. Ltd.
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 Flextronics International, LTD
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 Grupo Antolin Irausa, S.A.
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 JPC Automotive
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 International Automotive Components Group GmbH
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Methode Electronics Inc.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Gentex Corporation
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Kojima Industries Corporation
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Overhead Console Market: Key Industry Highlights, 2018 and 2032
2. Global Overhead Console Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Global Overhead Console Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Global Overhead Console Historical Market: Breakup by Material Type (USD Billion), 2018-2023
5. Global Overhead Console Market Forecast: Breakup by Material Type (USD Billion), 2024-2032
6. Global Overhead Console Historical Market: Breakup by Vehicle Type (USD Billion), 2018-2023
7. Global Overhead Console Market Forecast: Breakup by Vehicle Type (USD Billion), 2024-2032
8. Global Overhead Console Historical Market: Breakup by Application (USD Billion), 2018-2023
9. Global Overhead Console Market Forecast: Breakup by Application (USD Billion), 2024-2032
10. Global Overhead Console Historical Market: Breakup by Sales Channel (USD Billion), 2018-2023
11. Global Overhead Console Market Forecast: Breakup by Sales Channel (USD Billion), 2024-2032
12. Global Overhead Console Historical Market: Breakup by Region (USD Billion), 2018-2023
13. Global Overhead Console Market Forecast: Breakup by Region (USD Billion), 2024-2032
14. North America Overhead Console Historical Market: Breakup by Country (USD Billion), 2018-2023
15. North America Overhead Console Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Europe Overhead Console Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Europe Overhead Console Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Asia Pacific Overhead Console Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Asia Pacific Overhead Console Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Latin America Overhead Console Historical Market: Breakup by Country (USD Billion), 2018-2023
21. Latin America Overhead Console Market Forecast: Breakup by Country (USD Billion), 2024-2032
22. Middle East and Africa Overhead Console Historical Market: Breakup by Country (USD Billion), 2018-2023
23. Middle East and Africa Overhead Console Market Forecast: Breakup by Country (USD Billion), 2024-2032
24. Global Overhead Console Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 42.61 billion.
The market is projected to grow at a CAGR of 5.6% between 2024 and 2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach a value of around USD 69.58 billion by 2032.
The market is driven by the integration of advanced technologies to provide extra functionalities in overhead consoles and the rapid growth of the automotive sector.
The growing demand for customisation in vehicles and the rising focus on safety in the automotive sector are expected to guide the market growth in the forecast period.
The major regional markets are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The different materials used in overhead console include ABS, polypropylene, and SMA plastic, among others.
The key players in the market include HELLA GmbH & Co. KGaA, Magna International Inc., Yanfeng International Automotive Technology Co. Ltd., Flextronics International, LTD, Grupo Antolin Irausa, S.A., JPC Automotive, International Automotive Components Group GmbH, Methode Electronics Inc., Gentex Corporation, and Kojima Industries Corporation, among others.
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