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Report Overview

The global automotive centre console market value is expected to grow at a CAGR of 5.50% between 2025 and 2034, driven by the thriving automotive sector and rising production capacity of major players.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Global Automotive Centre Console Market Growth

Global Automotive Centre Console Market Report Summary Description Value
Base Year USD Million 2023
Historical Period USD Million 2018-2023
Forecast Period USD Million 2024-2032
Market Size 2023 USD Million XX
Market Size 2032 USD Million XX
CAGR 2018-2023 Percentage XX%
CAGR 2024-2032 Percentage 5.5%
CAGR 2024-2032 - Market by Region Asia Pacific 6.3%
CAGR 2024-2032 - Market by Country India 7.3%
CAGR 2024-2032 - Market by Country China 6.1%
CAGR 2024-2032 - Market by Type Touch Screens 6.4%
CAGR 2024-2032 - Market by Vehicle Type Electric Vehicle 10.5%
Market Share by Country 2023 Mexico 4.7%

An automotive centre console refers to the control panels and storage space in an automobile that is situated in the front of the vehicle between the driver's seat and the front passenger seat. The centre console of an automobile can have a variety of elements, including electronic devices, control panels, and storage space.

The rising production capacity of the major players globally is driving the growth of the growth of the automotive centre console industry. Increased demand for automotive centre consoles in automobiles is being supported by rising research and development activities for improving the automotive interiors by adding more technologically advanced equipment.

Global Automotive Centre Console Market

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Global Automotive Centre Console Market Analysis

The automotive centre console market dynamics and trends are shaped by the increasing incorporation of electronics into vehicles. The installation of high-tech features like heating and cooling compartments, touch screens, advanced entertainment systems, and GPS is expected to further drive the market's growth.

The adoption of light, efficient automobiles with improved fuel efficiency and higher performance is a key trend in the automotive centre console market. Due to the increase in the importance of reducing the weight of vehicles, there is a heightened automotive centre console market demand that is lightweight.

Automotive Centre Console Industry Outlook

According to industry reports, North America experienced a robust 9.4% increase in commercial vehicle production, reaching approximately 4.5 million units in 2021. Europe's production grew by 4.9%, totalling around 3.5 million units during the same period. South Asia saw a substantial rise of 33.7%, bringing production close to 3 million units. Japan and Korea also grew, albeit at a slower rate of 4.7%, with nearly 2 million units produced. South America exhibited significant growth with a 38.2% increase, reaching about 1.5 million units. The Middle East and Africa experienced a 17.4% increase in commercial vehicle production, reaching approximately 1 million units. This surge is boosting the automotive centre console market revenue, as modern consoles in commercial vehicles increasingly incorporate advanced features like integrated navigation systems, multi-function displays, and connectivity options.

According to VDA and ACEA 2022, Germany led Europe's passenger car production in 2021 with 3.1 million units. Spain ranked second with 1.6 million units, followed by the Czech Republic with 1.1 million units. Slovakia produced 0.96 million units, while France and the UK produced 0.91 million and 0.85 million units, respectively. Italy's production stood at 0.43 million units in 2021. 

Further, according to the Alliance for Automotive Innovation, in May 2019, U.S. light truck production significantly outpaced light car production, with around 600,000 light trucks produced compared to approx. 250,000 light cars. By May 2021, light truck production rose to approximately 700,000 units, while car production increased to about 200,000 units. This trend continued in 2022, with light truck production slightly exceeding 700,000 units and light car production remaining steady at around 200,000 units. As of March 2023, production numbers remained robust, with light truck production approaching 800,000 units and car production consistently around 200,000 units. This strong output is boosting the automotive centre console industry revenue, as the growing inclusion of advanced features like high-tech infotainment systems and connectivity options in light trucks drives increased demand for sophisticated and versatile centre consoles.

Further, according to industry reports, from 2010 to 2016, all regions had a minimal market share for EVs, remaining below 1%. Europe and China emerged as early leaders, with Europe's EV market share rising sharply from 2019 to about 5% by 2020 and reaching 20% by 2023. China's market share was around 6% in 2020, and it is expected to climb steadily, surpassing 25% by 2027. In the U.S., the EV market share was about 2% in 2020 and grew modestly. However, significant growth is anticipated post-2025, with projections exceeding 10% by 2027.

Advanced technology integration, such as touchscreens and connectivity, enhances consumer appeal.

  • Offers opportunities for personalised designs, meeting diverse consumer preferences.
  • Increasing vehicle production and focus on enhanced interior experiences drive the growth of the automotive centre console market.

Advanced features and materials can increase production costs, impacting pricing and affordability.

  • Integration of multiple technologies can lead to design and manufacturing complexities.
  • Stringent safety and environmental regulations can constrain design and manufacturing processes.

The rise in electric vehicles boosts demand for innovative centre console solutions.

  • Growth in developing regions presents new automotive centre console market opportunities. 
  • Innovations like AI and IoT can create new functionalities and enhance user experience.

Economic downturns can impact consumer spending and vehicle sales.

  • High competition among manufacturers may pressure profit margins.
  • Dependence on global supply chains poses risks of delays and cost increases.

Key Players in the Global Automotive Centre Console Market and Their Key Initiatives

Hyundai Mobis Co Ltd

  • Launched "MOBION" EV with next-gen e-Corner System to meet the growing demand of the automotive centre console market. 
  • Developed "M.Dev Studio," a digital twin system.

Faurecia S.A.

  • Acquired Hella to enhance electric mobility and autonomous driving technologies. 
  • Expanded strategic partnership with BYD to strengthen presence in Europe. 

Johnson Controls Inc.

  • Developed advanced smart touch-screen technologies.
  • Collaborated with electric vehicle manufacturers to capture the automotive centre console market opportunities.

Alps Electric Co. Ltd

  • Produced high-precision, high-output magnetic angle sensors.
  • Developed compact, cost-effective magnetic sensors resistant.

Global Automotive Centre Console Market

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Global Automotive Centre Console Industry Segmentation

“Global Automotive Centre Console Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

  • Touch Screens
  • Buttons and Controls

Market Breakup by Vehicle Type

  • Passenger Cars
  • Light Commercial Vehicle (LCV)
  • Heavy Commercial Vehicle (HCV)
  • Electric Vehicle

Market Breakup by Distribution Channels

  • Original Equipment Manufacturer (OEM)
  • Aftermarket

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
CAGR 2024-2032 - Market by Country
India 7.3%
China 6.1%
UK 5.0%
USA 4.9%
France 4.3%
Canada XX%
Germany XX%
Italy XX%
Japan 3.8%
Australia XX%
Saudi Arabia XX%
Brazil XX%
Mexico XX%

Global Automotive Centre Console Market

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Automotive Centre Console Market Share

Over the forecast period, passenger cars are anticipated to witness significant growth in the market for automotive centre consoles. The demand for an advanced centre console system is increasing as passenger cars become equipped with more modern and complex components. With the increasing use of passenger cars for long-distance and leisure travel, as well as in-city driving, there is a surging demand for automotive centre consoles with advanced entertainment support and GPS capabilities. The boost in passenger vehicle sales is further anticipated to aid the automotive centre console demand growth.

The original equipment manufacturer (OEM) distribution channel accounts for a sizable share of the market for automotive centre consoles due to the ease and convenience of installing suitable centre consoles at the time of manufacturing. It is anticipated that emerging data display innovations, among other devices, will have a significant impact on the OEM automobile interiors, helping automakers redesign automotive centre consoles and supporting advanced features further driving the automotive centre console market demand.

Leading Companies in the Automotive Centre Console Market

The companies specialise in advanced automotive components and equipment, offering innovative, high-quality solutions that enhance efficiency and performance across various automotive industry sectors.

  • Hyundai Mobis Co Ltd
  • Faurecia S.A.
  • Johnson Controls Inc.
  • Langfang Huaan Automobile Equipment
  • Alps Electric Co. Ltd
  • Methode Electronics

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The global automotive centre console market value is projected to grow at a CAGR of 5.50% between 2024 and 2032.

The major drivers of the market include the expansion of the automotive industry, increasing integration of electronics into automobiles, and rising income levels among the populace.

Rising production capacities of major players, growing demand for premium and high-performance vehicles, and increasing sales of luxury vehicles, are the key trends propelling the growth of the market.

The market is broken down into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

The primary types of automotive centre consoles are touch screens and buttons and controls.

The various vehicle types in the market for automotive centre consoles are passenger cars, light commercial vehicles (LCV), heavy commercial vehicles (HCV), and electric vehicles.

The automotive centre consoles market is divided into original equipment manufacturer (OEM) and aftermarket, based on distribution channel.

The competitive landscape consists of Hyundai Mobis Co Ltd, Faurecia S.A., Johnson Controls Inc., Langfang Huaan Automobile Equipment, Alps Electric Co. Ltd, and Methode Electronics, among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Vehicle Type
  • Distribution Channels
  • Region
Breakup by Type
  • Touch Screens
  • Buttons and Controls
Breakup by Vehicle Type
  • Passenger Cars
  • Light Commercial Vehicle (LCV)
  • Heavy Commercial Vehicle (HCV)
  • Electric Vehicle
Breakup by Distribution Channels
  • Original Equipment Manufacturer (OEM)
  • Aftermarket
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Hyundai Mobis Co Ltd
  • Faurecia S.A.
  • Johnson Controls Inc.
  • Langfang Huaan Automobile Equipment
  • Alps Electric Co. Ltd
  • Methode Electronics
  • Others

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63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124