Automotive Centre Console Market Set to Reach $47.12 Billion by 2029, Propelled by Increasing Demand for Advanced In-car Infotainment Systems
21 Jan, 2025
What Has Been the Growth of The Automotive Centre Console Market In Recent Years?
The Automotive Centre Console Market has undergone substantial growth in recent years, propelled by advancements in car interiors and evolving customer preferences.
• The market was valued at $33.27 billion in 2024 and has risen to an estimated $35.67 billion in 2025, demonstrating a healthy compound annual growth rate (CAGR) of 7.2%.
Factors contributing to this growth include the rise of electric vehicles, shifts in consumer behaviour, and the integration of connectivity features and enhanced storage compartments in centre consoles.
What Are the Automotive Centre Console Market Size Projections for the Coming Years?
With increasing advancements in car interiors and rising demand for modern vehicles, the automotive centre console market is set to witness strong growth.
• The market size is projected to reach $47.12 billion in 2029 at a CAGR of 7.2%.
In the forecast period, growth will be fueled by higher production of passenger cars and commercial vehicles, an expanding connected car ecosystem, and a surge in demand for electric and autonomous vehicles. Key trends shaping the market landscape include the integration of large touchscreen displays, customizable ambient lighting, connectivity with IoT and smart home devices, wireless charging, and multi-functional modular console designs.
What Factors Are Driving the Growth of The Automotive Centre Console Market?
The rapidly increasing demand for electric vehicles, which require robust central control systems, is significantly contributing to the growth of the automotive centre console market. According to the Bureau of Labor Statistics, electric vehicle sales in the United States alone are expected to reach 40-50% of total passenger car sales by 2030. This trend indicates a strong growth potential for the automotive centre console market.
What Are the Key Segments within The Automotive Centre Console Market?
The market has been segmented based on:
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, Aftermarket
What New Trends Are Emerging In The Automotive Centre Console Market?
The integration of advanced technologies in touchscreen displays is a notable trend shaping the automotive centre console market. Case in point, in September 2023, Grammer AG, developed an automated center console for the rear bench of the HiPhi X electric SUV, complete with a display holder, smartphone trays, cup holders, and two fold-out tables hidden under a butterfly armrest.
Who Are The Major Players In The Automotive Centre Console Market?
Dominant 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.
What Are the Key Regional Insights of The Automotive Centre Console Market?
Asia-Pacific was the largest region in the automotive centre console market in 2024 and is anticipated to be the fastest-growing region during the forecast period. The regions analyzed in the market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.