The Automotive Drawer Slides Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Automotive Drawer Slides Global Market Report 2024, The automotive drawer slides market size is expected to see strong growth in the next few years. It will grow to $8.77 billion in 2028 at a compound annual growth rate (CAGR) of 7.2%. The growth in the forecast period can be attributed to development of advanced materials and manufacturing technologies, growth in the production of electric and hybrid vehicles, rising focus on enhancing passenger comfort and convenience in vehicles, increasing consumer preference for organized storage solutions in cars, development of lightweight and durable drawer slide components. Major trends in the forecast period include adoption of advanced materials, advancements in slide design to optimize space and functionality in vehicles, implementation of automated and motorized drawer slide systems, integration of eco-friendly materials and processes, adoption of lightweight materials.
The increased production of passenger vehicles is expected to propel the growth of the automotive drawer slides market going forward. Passenger vehicles are motor vehicles designed primarily for the transportation of passengers rather than goods or cargo. Passenger vehicles are fueled by consumer demand, making car ownership more accessible, advancements in automotive technology, and competitive market dynamics. Automotive drawer slides support passenger vehicles by enhancing storage efficiency, interior space utilization, and overall passenger comfort and vehicle functionality. For instance, in February 2024, according to the Department of Infrastructure, Transport, Regional Development, Communications, and the Arts, an Australia-based government department for delivering Australian government policy and programs, battery electric vehicles (BEVs) in Australia totaled about 40,000 as of January 31, 2022, reflecting a 100% increase from 2021. Of these, 34,200 were passenger cars, which was a 118% increase from the previous year. Therefore, increased production of passenger vehicles is driving the growth of the automotive drawer slide market.
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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
Major companies operating in the automotive drawer slides market are developing innovative solutions by launching advanced products, such as next-generation drawer systems, to enhance functionality and meet evolving consumer demands for efficiency and durability. Next-generation drawer systems significantly improve the operational efficiency, safety, and user experience in automotive applications, making them a valuable addition to modern vehicles across various sectors. For instance, in October 2023, DECKED, a US-based manufacturer of cargo van storage systems, launched advanced drawer systems for pickup trucks. These systems enhance storage and organization for outdoor enthusiasts by offering increased capacity, improved weatherproofing, and integrated cargo tie-downs. The technological advancements include new molding techniques for greater durability and redesigned components for better environmental protection. This innovation sets a new standard in automotive drawer slides, optimizing space and functionality for both full-size and mid-size truck models.
The automotive drawer slides market report table of contents includes:
1. Executive Summary
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