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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.
Base Year
Historical Year
Forecast Year
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.
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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.
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.
Hyundai Mobis Co Ltd
Faurecia S.A.
Johnson Controls Inc.
Alps Electric Co. Ltd
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“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
Market Breakup by Vehicle Type
Market Breakup by Distribution Channels
Market Breakup by Region
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% |
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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.
The companies specialise in advanced automotive components and equipment, offering innovative, high-quality solutions that enhance efficiency and performance across various automotive industry sectors.
*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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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.
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.
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:
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Breakup by Type |
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Breakup by Vehicle Type |
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Breakup by Distribution Channels |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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