Press release
Automotive Drawer Slides Market Size Projected To Reach $9.38 Billion By 2034 With A Cagr Of 7.1%
Automotive Drawer Slides Market
What Is the Projected Growth of the Automotive Drawer Slides Market?
The automotive drawer slides market size has shown strong growth in recent years. It will increase from $6.64 billion in 2024 to $7.13 billion in 2025, reflecting a CAGR of 7.4%. This growth is due to the rising demand for customizable drawer configurations, the development of lightweight materials, the expansion of the furniture and cabinetry industries, increased demand for ergonomic and space-saving solutions, and the development of corrosion-resistant coatings.
The automotive drawer slides market is forecasted to rise to $9.38 billion in 2029 at a CAGR of 7.1%, with growth driven by material advancements, EV and hybrid production, passenger comfort focus, organized storage demand, and lightweight component development. Key trends include smart design, automation, eco-materials, and space optimization.
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What Are the Different Automotive Drawer Slides Market Segments?
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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What Are the Primary Drivers Shaping the Automotive Drawer Slides Market?
The growing production of passenger vehicles is anticipated to drive the automotive drawer slides market in the future. These vehicles, designed primarily for transporting passengers, are fueled by consumer demand, innovations in automotive technology, and competitive market dynamics. Automotive drawer slides enhance storage capacity, space utilization, and overall comfort in these vehicles. For example, in February 2024, the Department of Infrastructure, Transport, Regional Development, Communications, and the Arts reported that the number of battery electric vehicles (BEVs) in Australia reached approximately 40,000 as of January 31, 2022, marking a 100% increase from 2021, with 34,200 of those being passenger cars, which represented a 118% increase from the previous year. Thus, increased passenger vehicle production is boosting the automotive drawer slide market.
Which Companies Are Leading in the Automotive Drawer Slides Market?
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
What Trends Are Expected to Dominate the Automotive Drawer Slides Market in the Next 5 Years?
Companies in the automotive drawer slides market are innovating with advanced products like next-generation drawer systems, enhancing functionality and durability for evolving consumer needs. These drawer systems improve operational efficiency, safety, and user experience in automotive applications. For example, in October 2023, DECKED, a U.S.-based manufacturer, launched advanced drawer systems for pickup trucks, offering better storage and organization. These systems feature increased capacity, improved weatherproofing, and integrated cargo tie-downs, setting a new standard for automotive drawer slides.
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What Are the Top Revenue-Generating Geographies in 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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Automotive Drawer Slides Market?
2. What is the CAGR expected in the Automotive Drawer Slides Market?
3. What Are the Key Innovations Transforming the Automotive Drawer Slides Industry?
4. Which Region Is Leading the Automotive Drawer Slides Market?
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