Press release
Leading Companies Reinforce Their Presence in the Automotive Overhead Console Market
Automotive Overhead Console
Projected Market Value and Growth Trajectory for Automotive Overhead Consoles
By 2029, the automotive overhead console market is projected to reach a value of $49.73 billion, growing at a compound annual growth rate (CAGR) of 4.9%. This upward trend is driven by several factors including the rise of electric and autonomous vehicles, greater integration of touchscreen displays, and increasing emphasis on customization and personalization. Further contributing to growth are the adoption of sustainable materials, the development of connected car ecosystems, as well as improvements in ergonomics and user experience. Key market trends expected to influence this expansion include the incorporation of advanced electronic systems, smart lighting technologies, enhanced interior aesthetics and design, driver assistance features, and tailored customization options.
Download a free sample of the automotive overhead console market report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9521&type=smp
Leading Companies Shaping the Automotive Overhead Console Market
The competitive landscape of the automotive overhead console market features prominent companies such as Continental Automotive Systems, Diamay Automotive Interior Co. Ltd., Gentex Corporation, Grupo Antolín, and International Automotive Components Group LLC. Other significant players include Johnson Controls International PLC, LS Automotive India Pvt. Ltd., Meghna International Inc., Methode Automotive Solutions, Plastic Omnium SA, and Yanfeng Automotive Interiors. Additionally, firms like AGM Automotive LLC, Valeo SA, Flex Ltd., Motus Integrated Technologies, Nifco KTS GmbH, Toyota Boshoku Corporation, JPC Automotive Co. Ltd., Magna International Inc., and Hella GmbH & Co. KGAA contribute substantially to the market. Diamond Coatings Inc., Kojima Industries Corporation, Visteon Corporation, Lear Corporation, Faurecia, Harman International Industries Inc., Calsonic Kansei Corporation, Delphi Automotive LLP, Magneti Marelli S.p.A., Panasonic Corporation, Pioneer Corporation, Robert Bosch GmbH, and Denso Corporation also play crucial roles in this space.
Significant Acquisition Impacting Market Dynamics
In a major deal concluded in February 2022, France-based automotive company FORVIA Faurecia acquired the German parts manufacturer Hella GmbH & Co. KGaA for $5.95 billion. This acquisition aims to bolster Faurecia's position in electrification and self-driving technologies while accelerating the global expansion of its product offerings. Hella GmbH & Co. KGaA is well known for manufacturing automotive components, including overhead consoles, making this acquisition a strategic move in the automotive overhead console sector.
View the full automotive overhead console market report:
https://www.thebusinessresearchcompany.com/report/automotive-overhead-console-global-market-report
Technological Innovations Driving Automotive Overhead Console Market
Innovation plays a pivotal role in advancing the automotive overhead console market. Leading companies are committed to creating novel solutions that enhance their competitive edge. For example, in November 2022, Spain-based Grupo Antolin-Irausa S.A. introduced its Innovative Upper Trim concept, which reimagines overhead console design with a focus on simplicity and user-friendliness. This concept features a wide variety of decorative materials, options for closed headliners or panoramic glass roofs, as well as redesigned consoles equipped with capacitive switches and retractable sun visors. Additional functionalities include color temperature adjustment and integrated audio systems, reflecting the market's trend toward multifunctional, aesthetically pleasing consoles.
Core Market Segments Fueling Growth in Automotive Overhead Consoles
The automotive overhead console market is categorized into several key segments that help define its scope and growth drivers. These segments include:
1) Console Type - Front End Consoles and Rear End Consoles
2) Technology - Electro-Mechanical, Capacitive, and Display-based systems
3) Vehicle Type - Passenger Vehicles, Light Commercial Vehicles, Trucks, Buses, and Coaches
4) Sales Channel - Original Equipment Manufacturer (OEM) and Aftermarket
5) Application - encompassing Vehicle Telematics, Infotainment, HVAC, Sunroof systems, Driver Monitoring, eCell, Airbag Control, Microphones, Lighting, and other uses
Detailed Breakdown of Subsegments Within Console Types
Within the Front End Console category, subsegments include units integrated with sun visors, those featuring storage compartments, and those equipped with lighting functionalities. For Rear End Consoles, subcategories cover passenger overhead consoles, integrated entertainment systems, and consoles with climate control features, highlighting the diverse applications and increasing sophistication of automotive overhead consoles.
Reach out to us:
The Business Research Company: https://www.thebusinessresearchcompany.com/,
Americas +1 310-496-7795,
Europe +44 7882 955267,
Asia & Others +44 7882 955267 & +91 8897263534,
Email us at info@tbrc.info.
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
With over 17500+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Leading Companies Reinforce Their Presence in the Automotive Overhead Console Market here
News-ID: 4323697 • Views: …
More Releases from The Business Research Company
Competitive Analysis: Leading Companies and New Entrants in the Air Cargo and Fr …
The air cargo and freight logistics sector is set for significant expansion in the coming years, driven by evolving consumer demands and technological advancements. This growth is tightly linked to trends in e-commerce, pharmaceutical transportation, and innovative logistics solutions. Let's explore the market size, key players, influential trends, and major segments shaping this dynamic industry.
Projected Market Value and Growth Trajectory of the Air Cargo and Freight Logistics Market
The…
Overview of Segmentation, Market Dynamics, and Competitive Landscape in the Auto …
The automotive electronics sector is poised for significant expansion as technology advances and consumer demand evolves. With increasing integration of electronic components in vehicles, this industry is set to play a crucial role in the future of transportation, driven by innovations and growing market needs. Let's explore the current market size, key players, emerging trends, and segmentation that define this dynamic field.
Projected Growth and Market Size of Automotive Electronics by…
Key Strategic Developments and Emerging Changes Shaping the Aeroengine Composite …
The aeroengine composites market is poised for significant expansion in the coming years, driven by technological innovations and growing environmental concerns. As the aviation industry continues to evolve, the demand for lighter, stronger, and more sustainable materials is reshaping the landscape of aeroengine manufacturing. Understanding the current market size, key players, emerging trends, and segmentation offers valuable insight into this dynamic field.
Growth Projections and Market Size of the Aeroengine Composites…
Segmentation, Major Trends, and Competitive Overview of the Heavy Duty Engines M …
The heavy duty engines market is on track to experience significant expansion over the coming years, driven by technological advancements and shifting industry requirements. As innovations emerge and regulations evolve, this sector is poised for notable growth, making it a vital area of focus for manufacturers and stakeholders alike. Let's explore the current market outlook, key players, prevailing trends, and segmentation details shaping the future of heavy duty engines.
Projected Market…
More Releases for Automotive
Automotive Grommet Market set for explosive growth: Cooper Standard Automotive, …
According to HTF MI, "Global Automotive Grommet Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030". The Global Automotive Grommet Market is anticipated to grow at a compound annual growth rate (CAGR) of 5.96% from 2024 to 2030, reaching USD 100 Billion in 2024 and USD 150 Billion by 2030.
Automotive grommets are protective rings or eyelets made from rubber or plastic, used to protect or cover holes in metal…
KSA Automotive Market | KSA Automotive Industry | KSA Automotive Industry Resear …
Saudi Arabia’s automotive market faced a decline in new car sales due to tripling of value-added tax (VAT) rates. Effective in July 1, 2020, Saudi Arabia hiked its VAT from 5% to 15%.
Vision 2030 trying to attract foreign investment to kick start Dammam manufacturing city to aid re-exports & fulfill domestic demand
Surge in Domestic Manufacturing to gain independence of Imports: With Vision 2030, KSA is trying to gain impendence of…
Automotive Fuel Injectors Market: Growing Automotive Sales Fueling Automotive Fu …
Automotive fuel injectors market is likely to grow at a steady pace in the long run, according to a new report by Fact.MR. The demand for automotive fuel injectors continues to remain influenced with a multitude of industry-specific and macroeconomic factors. Significant growth in the automotive sector, coupled with increasing vehicle fleet remain instrumental in driving the demand for automotive fuel injectors worldwide. Fact.MR estimates that the sales of automotive fuel injectors are expected…
Global Automotive Safety Market 2019 Worldwide Outlook By Autoliv, Delphi Automo …
Automotive safety systems are designed to comply with the standards and regulations prescribed by government agencies and transport authorities worldwide. Passive safety systems are designed to protect passengers, drivers, and pedestrians during an accident.
In terms of region, the global Automotive Passive Safety Systems market can be segmented into North America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is likely to hold a prominent share of the global…
Global Oil Pump for Automotive Market 2018 Analysis -Bosch,Denso,Aisin Seiki,Del …
According to this study, over the next five years the Oil Pump for Automotive market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2023, from US$ xx million in 2017. In particular, this report presents the global market share (sales and revenue) of key companies in Oil Pump for Automotive business.
Get Sample Copy of this Report for more Information…
Global Automotive Body Welded Assembly Market 2018 - Daesan, Baylis Automotive, …
Accord Market, recently published a detailed market research study focused on the “Automotive Body Welded Assembly Market” across the global, regional and country level. The report provides 360° analysis of “Automotive Body Welded Assembly Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of…
