AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
LONDON, GREATER LONDON, UNITED KINGDOM, June 5, 2025 /EINPresswire.com/ -- The Business Research Company’s Latest Report Explores Market Driver, Trends, Regional Insights - Market Sizing & Forecasts Through 2034
In recent years, the automotive centre console market size has shown strong growth. It is projected to grow from $33.27 billion in 2024 to $35.67 billion in 2025 at a compound annual growth rate CAGR of 7.2%. In the historic period, this growth can be attributed to the rise of modern electric vehicles, changing consumer behavior, limited connectivity features, and simple storage compartments.
What Can We Expect For The Future Growth Of The Automotive Centre Console Market Size?
Looking ahead, the automotive centre console market size is expected to see strong growth in the next few years. It is projected to grow to $47.12 billion in 2029 at a compound annual growth rate CAGR of 7.2%. This anticipated growth in the forecast period can be attributed to the rising production of passenger cars and commercial vehicles, growth in the high-end and luxury car segments, expansion of the connected car ecosystem and a surge in demand for electric and autonomous vehicles. Major trends to watch out for in the forecast period include integration of large touchscreen displays, customizable ambient lighting, connectivity with IoT and smart home devices, wireless charging for devices, and multi-functional and modular console designs.
Get Your Free Sample Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5718&type=smp
What's Been Driving The Automotive Centre Console Market's Growth?
A pivotal factor significantly contributing to the growth of the automotive center console market is the rapidly growing demand for electric vehicles. Safe, secure, and robust center control systems have become an integral part of an electric car. Centre consoles in electric cars are used extensively for navigation and touch controls. For instance, an article published by the Bureau of Labor Statistics, a USA-based unit of the United States Department of Labor in February 2023, predicts that electric vehicle sales in the United States are expected to reach 40% of total passenger car sales by 2030. More optimistic projections foresee electric vehicle sales surpassing 50% by 2030. Thus, with the increasing demand for electric vehicles, the automotive center console market will be further driven.
Who Are The Key Industry Players Shaping The Automotive Centre Console Market Landscape?
Major companies operating in the global automotive centre console market include AGM Automotive LLC, Alps Electric Co. Ltd., Calsonic Kansei Corp., Continental AG, Delphi Automotive plc, Emerson Electric Co., Faurecia SA, Hyundai Mobis Co, Johnson Controls Inc., Lear Carporation, MVC Holdings LLC.
Order Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/automotive-centre-console-global-market-report
What's Contributing To The Competitive Edge Of The Automotive Centre Console Market?
A key trend gaining popularity in the automotive center console market is the introduction of new technology in touch screens. Many companies operating in the market are focusing on developing new technological solutions to strengthen their position. For instance, Grammer AG, a Germany-based automobile and car interiors manufacturer, unveiled an automated center console for the rear bench of the HiPhi X electric SUV in September 2023. Noteworthy features included a display holder, smartphone trays, cup holders, and two fold-out tables hidden under a butterfly armrest; special features also included high-quality craftsmanship, upholstery of the finest semi-aniline leather, and cupholders in the two table surfaces with exquisite, magnetic inserts for perfect glass hold.
How Is the Global Automotive Centre Console Market Segmented?
This report covers the automotive centre console market segmented by type: Touch Screen, Buttons And Controls; by vehicle type: Passenger Vehicle, Premium Cars, Compact Cars, Mid-Size Cars, Luxury Cars, SUV, and Electric Vehicle; by distribution: Original Equipment Manufacturer, and Aftermarket.
For touch screen segment, the subsegments include: Capacitive Touch Screens, Resistive Touch Screens, Multi-Touch Screens, and Integrated Navigation Systems. For buttons and controls, the subsegments include Mechanical Buttons, Toggle Switches, Rotary Controls, and Touch-sensitive Controls.
What Are The Regional Insights Of The Automotive Centre Console Market?
Asia-Pacific was the largest region in the automotive center console market in 2024. During the forecast period, Asia-Pacific is also expected to be the fastest-growing region. The regions covered in the automotive center console market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Browse More Similar Reports -
Automotive 4D Imaging Radar Global Market Report 2025
https://www.thebusinessresearchcompany.com/report/automotive-4d-imaging-radar-global-market-report
Automotive AC Compressor Global Market Report 2025
https://www.thebusinessresearchcompany.com/report/automotive-ac-compressor-global-market-report
Automotive Active Health Monitoring System Global Market Report 2025
https://www.thebusinessresearchcompany.com/report/automotive-active-health-monitoring-system-global-market-report
About The Business Research Company
The Business Research Company, with 15000+ reports from 27 industries and spanning over 60+ geographies, has built a reputation for comprehensive, data-rich research and insights. Using 1,500,000 datasets, in-depth secondary research, and unique insights from industry leaders, it can help you stay ahead of the curve.
Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at [email protected]
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Oliver Guirdham
The Business Research Company
+ +44 20 7193 0708
[email protected]
Visit us on social media:
LinkedIn
Facebook
X
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
