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Global Overhead Console Market Report and Forecast 2024-2032
Market Report I 2024-06-20 I 169 Pages I EMR Inc.
Global Overhead Console Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the global overhead console market size reached a value of USD 42.61 billion in 2023. Aided by the rising demand for customisation and personalisation of vehicles, the market is projected to further grow at a CAGR of 5.6% between 2024 and 2032 to reach a value of USD 69.58 billion by 2032.
Overhead consoles are integral components of a vehicle's interior, providing not only storage solutions but also housing various controls and features that enhance the driving experience. These consoles are typically located in the roof area of the vehicle, between the front seats, and can include a range of functionalities such as lighting controls, infotainment systems, and storage compartments.
The increasing consumer preference for vehicles equipped with advanced features is a significant driver of the global overhead console market growth. Modern consumers seek greater comfort, convenience, and luxury in their vehicles, leading to a surge in demand for high-tech overhead consoles that integrate various controls and entertainment options. Technological advancements in the automotive industry have led to the development of sophisticated overhead console systems. Innovations such as touch-sensitive controls, ambient lighting, and integrated communication systems are becoming standard features, driving market growth. Additionally, the advent of connected and autonomous vehicles has further propelled the demand for advanced overhead consoles.
The application of overhead consoles is expanding across various types of vehicles, including passenger cars, commercial vehicles, and electric vehicles aiding the global overhead console market expansion. The versatility and functionality of these consoles make them appealing for a wide range of automotive applications, contributing to the overall market growth. Manufacturers are increasingly focusing on enhancing vehicle safety and comfort, leading to the incorporation of features such as emergency communication systems, advanced driver assistance systems (ADAS), and enhanced storage solutions within overhead consoles. This trend is expected to drive the market during the forecast period.
The increasing demand for electric vehicles and autonomous vehicles is expected to create significant opportunities for the development of advanced overhead console systems. Additionally, the growing trend of connected vehicles and the integration of Internet of Things (IoT) technologies offer lucrative opportunities for market players. The global overhead console market share is poised for steady growth during the forecast period, driven by the rising demand for advanced vehicle interiors and the expanding applications of overhead consoles. Technological advancements and innovations in the automotive industry will continue to play a crucial role in shaping the market dynamics.
As per the global overhead console market analysis, the increasing focus on vehicle safety, comfort, and convenience is expected to drive the adoption of advanced overhead console systems. Additionally, the growing trend of connected and autonomous vehicles will further boost the demand for sophisticated overhead consoles. Manufacturers are likely to invest heavily in research and development to enhance the functionality and aesthetics of overhead consoles, meeting the evolving consumer preferences and industry standards. The market is also expected to witness increased collaborations and partnerships among key players, aiming to leverage each other's strengths and expand their market presence.
In conclusion, the global overhead console market is set to experience significant growth over the coming years, driven by the increasing demand for advanced vehicle interiors and the expanding applications of overhead consoles across various vehicle types. Technological advancements, rising consumer preferences for luxury and high-tech vehicles, and the growing focus on vehicle safety and comfort are key factors propelling the market.
Market Segmentation
The market can be divided based on type, material, vehicle type, application, sales channel and region.
Market Breakup by Type
- Front Overhead Console
- Rear Overhead Console
Market Breakup by Material
- ABS
- Polypropylene
- SMA Plastic
- Others
Market Breakup by Vehicle Type
- Passenger Cars
- Commercial Vehicles
Market Breakup by Application
- Lighting
- Sunroof
- Vehicle Telematics
- Infotainment
- Others
Market Breakup by Sales Channel
- OEM
- Aftermarket
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global overhead console market. Some of the major players explored in the report by Expert Market Research are as follows:
- HELLA GmbH & Co. KGaA
- Magna International Inc.
- Yanfeng International Automotive Technology Co. Ltd.
- Flextronics International, LTD
- Grupo Antolin Irausa, S.A.
- JPC Automotive
- International Automotive Components Group GmbH
- Methode Electronics Inc.
- Gentex Corporation
- Kojima Industries Corporation
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Overhead Console Market Analysis
8.1 Key Industry Highlights
8.2 Global Overhead Console Historical Market (2018-2023)
8.3 Global Overhead Console Market Forecast (2024-2032)
8.4 Global Overhead Console Market by Type
8.4.1 Front Overhead Console
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Rear Overhead Console
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Overhead Console Market by Material
8.5.1 ABS
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Polypropylene
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 SMA Plastic
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Overhead Console Market by Vehicle Type
8.6.1 Passenger Cars
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Commercial Vehicles
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.7 Global Overhead Console Market by Application
8.7.1 Lighting
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Sunroof
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Vehicle Telematics
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Infotainment
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Others
8.8 Global Overhead Console Market by Sales Channel
8.8.1 OEM
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Aftermarket
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.9 Global Overhead Console Market by Region
8.9.1 North America
8.9.1.1 Historical Trend (2018-2023)
8.9.1.2 Forecast Trend (2024-2032)
8.9.2 Europe
8.9.2.1 Historical Trend (2018-2023)
8.9.2.2 Forecast Trend (2024-2032)
8.9.3 Asia Pacific
8.9.3.1 Historical Trend (2018-2023)
8.9.3.2 Forecast Trend (2024-2032)
8.9.4 Latin America
8.9.4.1 Historical Trend (2018-2023)
8.9.4.2 Forecast Trend (2024-2032)
8.9.5 Middle East and Africa
8.9.5.1 Historical Trend (2018-2023)
8.9.5.2 Forecast Trend (2024-2032)
9 North America Overhead Console Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Overhead Console Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Overhead Console Market Analysis
11.1 China234
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)654
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Overhead Console Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Overhead Console Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter's Five Forces Analysis
14.2.1 Supplier's Power
14.2.2 Buyer's Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 HELLA GmbH & Co. KGaA
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Magna International Inc.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Yanfeng International Automotive Technology Co. Ltd.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Flextronics International, LTD
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Grupo Antolin Irausa, S.A.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 JPC Automotive
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 International Automotive Components Group GmbH
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Methode Electronics Inc.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Gentex Corporation
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Kojima Industries Corporation
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Overhead Console Market: Key Industry Highlights, 2018 and 2032
2. Global Overhead Console Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Global Overhead Console Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Global Overhead Console Historical Market: Breakup by Material Type (USD Billion), 2018-2023
5. Global Overhead Console Market Forecast: Breakup by Material Type (USD Billion), 2024-2032
6. Global Overhead Console Historical Market: Breakup by Vehicle Type (USD Billion), 2018-2023
7. Global Overhead Console Market Forecast: Breakup by Vehicle Type (USD Billion), 2024-2032
8. Global Overhead Console Historical Market: Breakup by Application (USD Billion), 2018-2023
9. Global Overhead Console Market Forecast: Breakup by Application (USD Billion), 2024-2032
10. Global Overhead Console Historical Market: Breakup by Sales Channel (USD Billion), 2018-2023
11. Global Overhead Console Market Forecast: Breakup by Sales Channel (USD Billion), 2024-2032
12. Global Overhead Console Historical Market: Breakup by Region (USD Billion), 2018-2023
13. Global Overhead Console Market Forecast: Breakup by Region (USD Billion), 2024-2032
14. North America Overhead Console Historical Market: Breakup by Country (USD Billion), 2018-2023
15. North America Overhead Console Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Europe Overhead Console Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Europe Overhead Console Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Asia Pacific Overhead Console Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Asia Pacific Overhead Console Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Latin America Overhead Console Historical Market: Breakup by Country (USD Billion), 2018-2023
21. Latin America Overhead Console Market Forecast: Breakup by Country (USD Billion), 2024-2032
22. Middle East and Africa Overhead Console Historical Market: Breakup by Country (USD Billion), 2018-2023
23. Middle East and Africa Overhead Console Market Forecast: Breakup by Country (USD Billion), 2024-2032
24. Global Overhead Console Market Structure
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