Press release
Automotive Drawer Slides Market Forecast 2025-2034: Evaluating Growth Factors, Segments, and Emerging Trends
Automotive Drawer Slides
The surge in the manufacture of passenger vehicles is likely to fuel the expansion of the automotive drawer slides market in the future. These vehicles, designed primarily for passenger transport rather than for transporting goods or cargo, are powered by consumer demand. This demand, coupled with accessible car ownership, advancements in automotive technology, and vigorous market dynamics, make these vehicles popular. Automotive drawer slides play a crucial role in enhancing these vehicles by improving storage efficiency, interior space use, and overall comfort and utility of the passengers. For example, the Department of Infrastructure, Transport, Regional Development, Communications, and the Arts, an Australia-based government department responsible for implementing Australian government policies and programs, stated in February 2024, that there were approximately 40,000 battery electric vehicles (BEVs) in Australia as of January 31, 2022. This number represents a significant 100% increase from 2021. Moreover, from the given figure, 34,200 were passenger cars, marking a 118% increase from the preceding year. Consequently, the burgeoning production of passenger vehicles is a principal driver for the expansion of the automotive drawer slide market.
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What Is the projected market size and growth rate for the automotive drawer slides market?
The market size for automotive drawer slides has seen strong growth in the past few years. The market value is projected to rise from $6.64 billion in 2024 to $7.13 billion in 2025, marking a compound annual growth rate (CAGR) of 7.4%. Factors contributing to this growth during the historical period include rising demand for tailor-made drawer arrangements, use of lighter materials, expansion in the furniture and cabinetry industries, increasing need for ergonomic and space-optimized solutions, and advancements in the development of corrosion-resistant coatings that enhance durability.
In the coming years, robust growth is predicted for the automotive drawer slides market, which is projected to reach $9.38 billion by 2029, growing at a compound annual growth rate (CAGR) of 7.1%. This upward trend during the forecast period is related to the evolution of advanced materials and manufacturing technologies, increased production of electric and hybrid vehicles, a growing emphasis on improving comfort and convenience for vehicle passengers, rising consumer inclination for organized car storage solutions, and the creation of lightweight, resilient drawer slide components. Noteworthy trends for this forecast period encompass the incorporation of advanced materials, improvements in slide designs for maximal space utilization and vehicular functionality, the introduction of automated and motorized drawer slide systems, the inclusion of eco-friendly materials and procedures, as well as the use of lightweight materials.
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What new trends are reshaping the automotive drawer slides market and its opportunities?
Leading enterprises in the automotive drawer slides market are pioneering novel solutions through the launch of cutting-edge products, such as next-generation drawer systems. These systems aim to increase functionality and address the changing consumer needs for effectiveness and resilience. The next-generation drawer systems offer significant advancements in operational efficiency, safety, and user-friendliness in vehicular applications, making them an indispensable component of modern vehicles across diverse sectors. For instance, in October 2023, DECKED, a manufacturer of cargo van storage systems based in the US, introduced advanced drawer systems specifically for pickup trucks. These systems augment storage and organization abilities for outdoor aficionados by providing enlarged capacity, enhanced weatherproofing, and integrated cargo securement. Technological advancements in this sector encompass new moulding techniques for amplified durability and restructured components for superior environmental protection. This cutting-edge approach establishes a fresh benchmark in the automotive drawer slides sector, optimising space and functionality for both full-size and mid-size truck models.
What major market segments define the scope and growth of the automotive drawer slides market?
The automotive drawer slides market covered in this report is segmented -
1) By Type: Aluminum Automotive Drawer Slide, Steel Automotive Drawer Slide, Stainless Steel Automotive Drawer Slide
2) By Design: Lock Out, Lock In, Pocket And Bayonet Mounting
3) By Weight: Light Duty, Medium Duty, Heavy Duty
4) By Mounting Type: Bottom Mounted, Cabinet Mounted, Drawer Mounted, Other Mounting Types
5) By Application: Fire Truck, Ambulance, Armored Security Vehicle, Other Applications
Subsegments:
Here is the list following the requested format:
1) By Aluminum Automotive Drawer Slide: Single Extension Aluminum Drawer Slides, Full Extension Aluminum Drawer Slides
2) By Steel Automotive Drawer Slide: Single Extension Steel Drawer Slides, Full Extension Steel Drawer Slides
3) By Stainless Steel Automotive Drawer Slide: Single Extension Stainless Steel Drawer Slides, Full Extension Stainless Steel Drawer Slides
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Which region dominates the automotive drawer slides market?
North America was the largest region in the automotive drawer slides market in 2024, and is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive drawer slides market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the automotive drawer slides industry growth?
Major companies operating in the automotive drawer slides market are Siemens AG, Honeywell International Inc., Parker-Hannifin Corporation, Southco Inc., Accuride Corporation, Knape & Vogt Manufacturing Company, Destaco, King Slide Works Co. Ltd., Jonathan Engineered Solutions, Thomas Regout International B.V., Monroe Engineering LLC, Sugatsune Kogyo Co Ltd, D&d Technologies LLP, Jet Press Ltd, Siso A/S, Emka SA., Del-Tron Precision Inc., Fulterer USA Inc., Tusk Direct Inc., ITW Automotive Products GmbH
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What Is Covered In The Automotive Drawer Slides Global Market Report?
•Market Size Forecast: Examine the automotive drawer slides market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the automotive drawer slides market for a structured understanding.
•Key Players Overview: Analyze major players in the automotive drawer slides market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the automotive drawer slides market.
•Segment Contributions: Evaluate how different segments drive overall growth in the automotive drawer slides market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the automotive drawer slides market.
•Industry Challenges: Identify potential risks and obstacles affecting the automotive drawer slides market.
•Competitive Landscape: Review strategic developments in the automotive drawer slides market, including expansions, agreements, and new product launches.
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