Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!
How is the Automotive Centre Console Market Shaping up for the Future?
The automotive centre console market size has experienced robust growth in recent years. It is projected to rise from $33.27 billion in 2024 to $35.67 billion in 2025, representing a compound annual growth rate (CAGR) of 7.2%.This impressive growth in the historic period can be attributed to the influx of modern electric vehicles, shifting consumer behaviour, the presence of limited connectivity features, and creation of simple storage compartments.
The automotive centre console market size is set for significant expansion in the coming years, forecasted to reach $47.12 billion in 2029 at a CAGR of 7.2%. This growth in the forecast period is tied to the rising production of passenger cars and commercial vehicles, the bloom of the high-end and luxury car segments, the expansion of the connected car ecosystem, and an increased demand for electric and autonomous vehicles. Notable trends include integration of large touchscreen displays, customizable ambient lighting, connectivity with IoT and smart home devices, wireless charging for devices, and multi-functional modular console designs.
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What are the Key Factors Driving the Automotive Centre Console Market?
The surging demand for electric vehicles significantly boosts the growth of the automotive center console market. As electric cars necessitate safe, secure, and robust center control systems, centre consoles in these vehicles are used for navigation and touch controls. According to an article published by the Bureau of Labor Statistics in February 2023, electric vehicle sales in the United States are expected to reach 40% of total passenger car sales by 2030, perhaps surpassing 50% of sales by that year. Hence, the rising interest in electric vehicles propels the automotive center console market.
What are the Major Segments in the Automotive Centre Console Market?
1) By Type: Touch Screen, Buttons And Controls
2) By Vehicle Type: Passenger Vehicle, Premium Cars, Compact Cars, Mid-Size Cars, Luxury Cars, SUV, Electric Vehicle
3) By Distribution: Original Equipment Manufacturer, After market
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Which are the Key Companies Operating in the Automotive Centre Console Market?
Prominent players in the 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, Novem Car Interior Design, Yanfeng International Automotive Technology Co. Ltd., Draxlmaier Group, Grammer AG, Magna International Inc., Toyota Boshoku Corporation, Novares Group SA, Langfang Huaan Automobile Equipment Co. Ltd., Visteon Corporation, Inteva Products LLC, Grupo Antolin Irausa SA, Tachi-S Co. Ltd., International Automotive Components Group, F S Fehrer Automotive GmbH, Adient plc, Brose Fahrzeugteile GmbH & Co. KG, Schaeffler AG, Robert Bosch GmbH, Kasai Kogyo Co. Ltd., Shiroki Corporation
What are the Emerging Trends in the Automotive Centre Console Market?
Innovative technology in touch screens is an emerging trend in the automotive center console market. Major companies are developing new technological solutions like an automated center console for the rear bench of the HiPhi X electric SUV developed by Grammer AG in September 2023. This rear center console features a display holder, smartphone trays, cup holders, and two fold-out tables hidden under a butterfly armrest, offering an impressive mix of highest-quality craftsmanship, semi-aniline leather upholstery, and special features like cupholders with exquisite, magnetic inserts.
Which is the Fastest Growing Region in the Automotive Centre Console Market?
Asia-Pacific dominated the automotive center console market in 2024 and is predicted to be the fastest growing region during the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Automotive Centre Console Market Report 2025 Offer?
The automotive center console refers to the storage compartment between the driver’s seat and the front passenger seat, or to the central parts of the dashboard. In most modern cars, the center console is located behind the gearstick. It can feature diverse elements including electronic gadgetry and vehicle control information. The Automotive Centre Console Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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