Press release
Automotive Center Console Market Trends, Size & Growth Forecast 2024-2031 | Faurecia, Grupo Antolin, IAC Group.
Automotive Center Console Market
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What is the projected growth of the Global Automotive Center Console market?
Global Automotive Center Console Market reached USD 81.3 billion in 2022 and is expected to reach USD 128.1 billion by 2030 growing with a CAGR of 5.9% during the forecast period 2024-2031.
What is Automotive Center Console Market?
The Automotive Center Console Market focuses on storage, controls, and convenience features between vehicle front seats. Driven by advancements in interior design, connectivity, and smart infotainment systems, consoles now integrate touchscreens, wireless charging, and ergonomic storage. The shift toward electric and autonomous vehicles further influences innovation, emphasizing lightweight materials, modular designs, and personalized user experiences.
Who are the major players in the Automotive Center Console market?
The prominent players in Automotive Center Console market research report are:
Magna International Inc, Faurecia, Toyota Boshoku Corporation, Yanfeng Automotive Interiors, Grupo Antolin, IAC Group, Johnson Controls International Plc, Lear Corporation, Inteva Products and Visteon Corporation.
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
Key Development
On March 27, 2023, Hyundai Motor Company unveiled the design of the new SONATA, marking the sportiest iteration of its eighth-generation midsize sedan. Featuring Hyundai's latest badge, the SONATA showcases a futuristic "floating" interior motif, enhancing the cabin's modern aesthetic. Additionally, the integration of a column-style shift-by-wire controller behind the steering wheel creates more space in the center console for added convenience.
On October 10, 2020, Cadillac introduced the CELESTIQ, setting a new benchmark in automotive luxury. As the world's first all-electric ultra-luxury vehicle, the CELESTIQ represents Cadillac's most technologically advanced model to date. Designed with cutting-edge innovations, it seamlessly blends personalized, handcrafted craftsmanship with next-generation electric performance.
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Market Segments
By Material: Plastic, Leather, Metal, Others.
By Component: Storage Compartment, Armrest, Cup Holders, Controls and Connectivity, Others.
By Vehicle: Passenger Vehicle, Commercial Vehicle.
By Design: Full Floor Consoles, High-mounted Consoles, Low-mounted Consoles.
By Distribution Channel: Original Equipment Manufacturers (OEMs), Aftermarket.
The Automotive Center Console industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.
Regions Covered:
The global Automotive Center Console Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
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Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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