Automotive Overhead Console Market Size, Trends and Insights By Type (Front Overhead Console, Rear Overhead Console), By Material (ABS, Polypropylene, SMA Plastic, Others), By Application (Vehicle Telematics, Infotainment System & HMI, Others), By Vehicle Type (Passenger Cars, Commercial Vehicles), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032


Report Code: CMI29082

Published Date: August 2023

Pages: 220+

Category: Automotive

Report Snapshot

CAGR: 6.8%
42.1B
2022
43.7B
2023
58.6B
2032

Source: CMI

Study Period: 2023-2032
Fastest Growing Market: Asia-Pacific
Largest Market: Europe

Major Players

  • Johnson Controls International plc
  • Magna International Inc.
  • Visteon Corporation
  • Continental AG
  • Others

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Reports Description

As per the current market research conducted by CMI Team, the global Automotive Overhead Console Market is expected to record a CAGR of 6.8% from 2023 to 2032. In 2022, the market size is projected to reach a valuation of USD 42.1 billion. By 2032, the valuation is anticipated to reach USD 58.6 billion.

Automotive Overhead Console Specifications

Feature Specification
Dimensions Length: 12 inches, Width: 8 inches, Height: 4 inches
Weight 2 pounds
Materials Plastic, metal
Color Black, white, gray
Features Storage compartments, cupholders, sunglasses holder
Warranty 1 year
Mounting hardware Screws, nuts, bolts
Installation instructions Included
Safety features Child safety lock, release button
Source: According to CMI Market Research Team Analysis

The Automotive Overhead Console Market refers to the industry segment that focuses on the design, production, and integration of storage compartments, electronic controls, and advanced features in the overhead area of vehicles.

Its nature involves the collaboration of automotive manufacturers, suppliers, and technology firms to enhance interior aesthetics, functionality, and user experience. Current trends encompass the integration of touchless controls, eco-friendly materials, personalized customization, and the incorporation of smart technologies such as infotainment systems and driver assistance features to meet evolving consumer demands.

The Automotive Overhead Console Market continually adapts to consumer expectations, offering convenience and aesthetics. Trends also encompass safety-focused innovations like integrated airbags and adaptive lighting systems, reflecting the industry’s commitment to elevated driving experiences while prioritizing occupant safety.

Automotive Overhead Console Market – Significant Growth Factors

The Automotive Overhead Console Market presents significant growth opportunities due to several factors:

  • Smart Technology Integration: The market is witnessing a trend towards integrating smart technologies such as touchscreen displays, voice recognition, and gesture controls within overhead consoles, enhancing user interface and convenience.
  • Eco-Friendly Materials: There’s a growing emphasis on sustainable practices, leading to the use of eco-friendly materials in overhead consoles. This trend aligns with the broader automotive industry’s shift towards environmentally conscious solutions.
  • Customization and Personalization: Consumers seek unique vehicle interiors. The trend towards customizable overhead consoles allows buyers to select features like storage configurations, lighting schemes, and connectivity options to suit their preferences.
  • Safety Enhancement: Overhead consoles are becoming integral to safety systems. Incorporating airbags, collision detection sensors, and adaptive lighting systems directly into overhead consoles contributes to improved occupant safety.
  • Electric Vehicle Integration: As the electric vehicle market grows, there’s an opportunity to design overhead consoles specifically tailored for EV interiors, incorporating features relevant to electric mobility and advanced technology.
  • Connected and Autonomous Vehicles: The rise of connected and autonomous vehicles presents an avenue for incorporating overhead consoles that cater to passengers’ entertainment and productivity needs while vehicles handle the driving tasks. This opens opportunities for integrated displays, connectivity options, and innovative storage solutions.

Automotive Overhead Console Market – Mergers and Acquisitions

The Automotive Overhead Console Market has seen several mergers and acquisitions in recent years, with companies seeking to expand their market presence and leverage synergies to improve their product offerings and profitability. Some notable examples of mergers and acquisitions in the Automotive Overhead Console Market include:

  • Visteon Corporation and Microsoft: In 2019, Visteon enhanced DriveCore Studio™ through Microsoft Azure software for the Cloud development of autonomous driving systems. Visteon partnered with Microsoft to integrate its infotainment platform with Microsoft’s cloud-based services, enhancing connectivity and providing advanced features within overhead consoles.
  • Continental AG and Osram: In 2020, Continental and Osram plan to repatriate the joint venture for lighting systems. This collaboration aimed to enhance ambient lighting and adaptive lighting features within overhead consoles.
  • Faurecia Acquires Parrot Automotive: In 2018, Faurecia acquired Parrot Automotive, bolstering its capabilities in infotainment systems and enhancing its offerings within overhead consoles. This transaction underlines the importance of Parrot Automotive in Faurecia’s Cockpit of the Future strategy. It would accelerate the development of infotainment solutions based on the Android operating system by Parrot Automotive and the development of an open platform integrating the different connected systems and functionalities of the vehicle interior.
  • Magna International Acquires VIZA Geca: In 2019, Magna International acquired VIZA Geca, expanding its portfolio of overhead consoles and interior components, and enabling a more comprehensive product range. Further enhancing Magna’s capabilities in this area, the company signed an agreement to acquire VIZA Geca SL of Spain, which operates four production facilities and had sales of €125 billion in 2017.

These mergers and acquisitions have helped companies expand their product offerings, improve their market presence, and capitalize on growth opportunities in the Automotive Overhead Console Market. The trend is expected to continue as companies seek to gain a competitive edge in the market.

COMPARATIVE ANALYSIS OF THE RELATED MARKET

Automotive Overhead Console Market Electric Off-Highway Equipment Market Bus HVAC Market
CAGR 6.8% (Approx) CAGR 13.2% (Approx) CAGR 7.1% (Approx)
USD 58.6 Billion by 2032 USD 6.5 Billion by 2032 USD 2.3 Billion by 2032

Automotive Overhead Console Market – Significant Threats

The Automotive Overhead Console Market faces several significant threats that could impact its growth and profitability in the future. Some of these threats include:

  • Supply Chain Disruptions: The market is susceptible to supply chain disruptions, whether due to geopolitical tensions, natural disasters, or other unforeseen events. Such disruptions can lead to material shortages, production delays, and increased costs, affecting the timely delivery of overhead consoles to manufacturers.
  • Economic Downturn: Economic recessions or downturns can lead to reduced consumer spending on automobiles and automotive components. This can result in decreased demand for vehicles, including features like overhead consoles, impacting manufacturers’ revenue and growth prospects.
  • Rapid Technological Evolution: The fast-paced evolution of technology poses a threat to the market. If manufacturers fail to keep up with the latest advancements, their overhead consoles may quickly become outdated, leading to decreased consumer interest and market share loss.
  • Regulatory Changes: Changes in regulations related to safety, emissions, and vehicle standards can impact the design and functionality of overhead consoles. Manufacturers must adapt their designs to comply with new regulations, potentially leading to additional costs and development challenges. Non-compliance could also result in legal consequences and damage to brand’s reputation.

Report Scope

Feature of the Report Details
Market Size in 2023 USD 43.7 Billion
Projected Market Size in 2032 USD 58.6 Billion
Market Size in 2022 USD 42.1 Billion
CAGR Growth Rate 6.8% CAGR
Base Year 2022
Forecast Period 2023-2032
Key Segment By Type, Material, Application, Vehicle Type and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfil your requirements for research.

Category-Wise Insights

By Type:

  • Front Overhead Console: The front overhead console is a vehicle interior component located above the windshield, often housing features like map lights, sunglasses holders, and control buttons. In the Automotive Overhead Console Market, a trend towards integrating advanced electronics, such as infotainment systems and driver assistance controls, is prevalent in front overhead console designs.
  • Rear Overhead Console: Positioned above the rear passenger area, the rear overhead console typically offers features like rear climate controls, entertainment system controls, and ambient lighting. In the Automotive Overhead Console Market, a growing trend is the incorporation of connectivity options, personalized entertainment features, and enhanced passenger comfort within rear overhead consoles.

Global Automotive Overhead Console Market 2023–2032 (By Billion)

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By Material

  • ABS (Acrylonitrile Butadiene Styrene): A durable thermoplastic known for its impact resistance and versatility. It’s commonly used in overhead consoles for its ability to withstand temperature variations and offer design flexibility, aligning with the market’s trend towards customization.
  • Polypropylene: This lightweight thermoplastic material is valued for its cost-effectiveness and resistance to chemicals. In overhead consoles, polypropylene’s ease of moulding and durability cater to the market’s demand for functional and economical solutions.
  • SMA Plastic (Shape Memory Alloy): SMA plastics exhibit shape memory properties, returning to their original form after deformation. This material’s potential integration into overhead consoles could contribute to innovative and adaptive designs, aligning with the market’s focus on smart and dynamic features.
  • Others: Various other materials like polycarbonate, polyester, and eco-friendly options are explored for overhead consoles. These materials align with trends emphasizing sustainability and advanced technology integration, providing opportunities for enhanced functionality and reduced environmental impact.

By Application

  • Vehicle Telematics: This application involves integrating communication and information systems to provide real-time data for navigation, diagnostics, and remote vehicle monitoring. Trends include the integration of telematics controls into overhead consoles, enhancing driver connectivity and convenience.
  • Infotainment System & HMI: This pertains to multimedia and control interfaces, offering entertainment, navigation, and connectivity features. The trend includes incorporating advanced infotainment controls within overhead consoles, providing users with seamless access to multimedia and vehicle settings.
  • Others: This encompasses various functionalities like ambient lighting controls, storage compartments, and safety system interfaces. A trend is the modular design of overhead consoles, allowing for customization based on user preferences and integration of innovative features to enhance the overall driving experience.

Global Automotive Overhead Console Market 2023–2032 (By Vehicle Type)

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By Vehicle Type

  • Passenger Cars: In the Automotive Overhead Console Market, passenger cars include sedans, SUVs, and hatchbacks. Trends involve integrating advanced infotainment systems, ambient lighting controls, and customizable storage options within overhead consoles, enhancing passenger comfort and driving experience.
  • Commercial Vehicles: Commercial vehicles, like trucks and vans, are also impacted by the Automotive Overhead Console Market. The trend leans towards practicality, with overhead consoles designed for storage solutions, hands-free communication, and integrated navigation systems, catering to the needs of professional drivers.

Automotive Overhead Console Market – Regional Analysis

The Automotive Overhead Console Market is segmented into various regions, including North America, Europe, Asia-Pacific, and LAMEA. Here is a brief overview of each region:

  • North America: In North America’s Automotive Overhead Console Market, a trend is seen towards seamless connectivity. Overhead consoles incorporate advanced infotainment systems, wireless charging, and compatibility with smartphones. This reflects the region’s tech-savvy consumer base and their demand for integrated communication and entertainment features.
  • Europe: Europe’s trend in the Automotive Overhead Console Market emphasizes sustainability. Overhead consoles incorporate eco-friendly materials and energy-efficient lighting, aligning with the region’s strong environmental awareness and regulations. This reflects a growing demand for environmentally conscious automotive solutions.
  • Asia-Pacific: The Automotive Overhead Console Market in Asia-Pacific is characterized by innovative storage solutions. Overhead consoles feature modular designs, maximizing storage capacity in compact vehicles prevalent in the region. This trend caters to the need for efficient space utilization in densely populated urban environments.
  • LAMEA (Latin America, Middle East, and Africa): LAMEA’s Automotive Overhead Console Market showcases a focus on comfort and luxury. Overhead consoles are designed with premium materials, integrated sunroofs, and enhanced ambient lighting, catering to the region’s preference for upscale interiors that provide an enhanced driving experience.

Global Automotive Overhead Console Market 2023–2032 (By Type)

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Competitive Landscape – Automotive Overhead Console Market

The Automotive Overhead Console Market is highly competitive, with a large number of manufacturers and retailers operating globally. Some of the key players in the market include:

  • Johnson Controls International plc
  • Magna International Inc.
  • Visteon Corporation
  • Continental AG
  • Grupo Antolin
  • Gentex Corporation
  • Lear Corporation
  • Faurecia
  • Harman International Industries Inc.
  • Toyoda Gosei Co. Ltd.
  • Others

These companies operate in the market through various strategies such as product innovation, mergers and acquisitions, and partnerships.

Emerging players such as TechVista Systems and Innovate Auto Solutions have embraced innovation to enter the Automotive Overhead Console Market. They introduce novel concepts like AI-powered console controls and integrated wellness features, disrupting traditional designs and attracting forward-thinking consumers.

Established leaders like Johnson Controls International and Magna International dominate the market. They leverage their extensive industry experience, technological prowess, and global reach to offer versatile overhead consoles with cutting-edge features. Their robust supply chains, strategic partnerships, and consistent product quality reinforce their market dominance by satisfying diverse consumer demands.

The Automotive Overhead Console Market is segmented as follows:

By Type

  • Front Overhead Console
  • Rear Overhead Console

By Material

  • ABS
  • Polypropylene
  • SMA Plastic
  • Others

By Application

  • Vehicle Telematics
  • Infotainment System & HMI
  • Others

By Vehicle Type

  • Passenger Cars
  • Commercial Vehicles

Regional Coverage:

North America

  • U.S.
  • Canada
  • Mexico
  • Rest of North America

Europe

  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

Table of Contents

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Automotive Overhead Console Market, (2023 – 2032) (USD Billion)
    • 2.2 Global Automotive Overhead Console Market : snapshot
  • Chapter 3. Global Automotive Overhead Console Market – Industry Analysis
    • 3.1 Automotive Overhead Console Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Smart Technology Integration
      • 3.2.2 Eco-Friendly Materials
      • 3.2.3 Customization and Personalization
      • 3.2.4 Safety Enhancement
      • 3.2.5 Electric Vehicle Integration
      • 3.2.6 Connected and Autonomous Vehicles.
    • 3.3 Market Restraints
    • 3.4 Market Opportunities
    • 3.5 Market Challenges
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By Type
      • 3.7.2 Market attractiveness analysis By Material
      • 3.7.3 Market attractiveness analysis By Application
      • 3.7.4 Market attractiveness analysis By Vehicle Type
  • Chapter 4. Global Automotive Overhead Console Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Automotive Overhead Console Market: company market share, 2022
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Automotive Overhead Console Market – Type Analysis
    • 5.1 Global Automotive Overhead Console Market overview: By Type
      • 5.1.1 Global Automotive Overhead Console Market share, By Type, 2022 and 2032
    • 5.2 Front Overhead Console
      • 5.2.1 Global Automotive Overhead Console Market by Front Overhead Console, 2023 – 2032 (USD Billion)
    • 5.3 Rear Overhead Console
      • 5.3.1 Global Automotive Overhead Console Market by Rear Overhead Console, 2023 – 2032 (USD Billion)
  • Chapter 6. Global Automotive Overhead Console Market – Material Analysis
    • 6.1 Global Automotive Overhead Console Market overview: By Material
      • 6.1.1 Global Automotive Overhead Console Market share, By Material, 2022 and 2032
    • 6.2 ABS
      • 6.2.1 Global Automotive Overhead Console Market by ABS, 2023 – 2032 (USD Billion)
    • 6.3 Polypropylene
      • 6.3.1 Global Automotive Overhead Console Market by Polypropylene, 2023 – 2032 (USD Billion)
    • 6.4 SMA Plastic
      • 6.4.1 Global Automotive Overhead Console Market by SMA Plastic, 2023 – 2032 (USD Billion)
    • 6.5 Others
      • 6.5.1 Global Automotive Overhead Console Market by Others, 2023 – 2032 (USD Billion)
  • Chapter 7. Global Automotive Overhead Console Market – Application Analysis
    • 7.1 Global Automotive Overhead Console Market overview: By Application
      • 7.1.1 Global Automotive Overhead Console Market share, By Application, 2022 and 2032
    • 7.2 Vehicle Telematics
      • 7.2.1 Global Automotive Overhead Console Market by Vehicle Telematics, 2023 – 2032 (USD Billion)
    • 7.3 Infotainment System & HMI
      • 7.3.1 Global Automotive Overhead Console Market by Infotainment System & HMI, 2023 – 2032 (USD Billion)
    • 7.4 Others
      • 7.4.1 Global Automotive Overhead Console Market by Others, 2023 – 2032 (USD Billion)
  • Chapter 8. Global Automotive Overhead Console Market – Vehicle Type Analysis
    • 8.1 Global Automotive Overhead Console Market overview: By Vehicle Type
      • 8.1.1 Global Automotive Overhead Console Market share, By Vehicle Type, 2022 and 2032
    • 8.2 Passenger Cars
      • 8.2.1 Global Automotive Overhead Console Market by Passenger Cars, 2023 – 2032 (USD Billion)
    • 8.3 Commercial Vehicles
      • 8.3.1 Global Automotive Overhead Console Market by Commercial Vehicles, 2023 – 2032 (USD Billion)
  • Chapter 9. Automotive Overhead Consoles Industry – Regional Analysis
    • 9.1 Global Automotive Overhead Consoles Industry Regional Overview
    • 9.2 Global Automotive Overhead Consoles Industry Share, by Region, 2022 & 2032 (USD Billion)
    • 9.3. North America
      • 9.3.1 North America Automotive Overhead Consoles Industry, 2023 – 2032 (USD Billion)
        • 9.3.1.1 North America Automotive Overhead Consoles Industry, by Country, 2023 – 2032 (USD Billion)
    • 9.4 North America Automotive Overhead Consoles Industry, by Type, 2023 – 2032
      • 9.4.1 North America Automotive Overhead Consoles Industry, by Type, 2023 – 2032 (USD Billion)
    • 9.5 North America Automotive Overhead Consoles Industry, by Material, 2023 – 2032
      • 9.5.1 North America Automotive Overhead Consoles Industry, by Material, 2023 – 2032 (USD Billion)
    • 9.6 North America Automotive Overhead Consoles Industry, by Application, 2023 – 2032
      • 9.6.1 North America Automotive Overhead Consoles Industry, by Application, 2023 – 2032 (USD Billion)
    • 9.7 North America Automotive Overhead Consoles Industry, by Vehicle Type, 2023 – 2032
      • 9.7.1 North America Automotive Overhead Consoles Industry, by Vehicle Type, 2023 – 2032 (USD Billion)
    • 9.8. Europe
      • 9.8.1 Europe Automotive Overhead Consoles Industry, 2023 – 2032 (USD Billion)
        • 9.8.1.1 Europe Automotive Overhead Consoles Industry, by Country, 2023 – 2032 (USD Billion)
    • 9.9 Europe Automotive Overhead Consoles Industry, by Type, 2023 – 2032
      • 9.9.1 Europe Automotive Overhead Consoles Industry, by Type, 2023 – 2032 (USD Billion)
    • 9.10 Europe Automotive Overhead Consoles Industry, by Material, 2023 – 2032
      • 9.10.1 Europe Automotive Overhead Consoles Industry, by Material, 2023 – 2032 (USD Billion)
    • 9.11 Europe Automotive Overhead Consoles Industry, by Application, 2023 – 2032
      • 9.11.1 Europe Automotive Overhead Consoles Industry, by Application, 2023 – 2032 (USD Billion)
    • 9.12 Europe Automotive Overhead Consoles Industry, by Vehicle Type, 2023 – 2032
      • 9.12.1 Europe Automotive Overhead Consoles Industry, by Vehicle Type, 2023 – 2032 (USD Billion)
    • 9.13. Asia Pacific
      • 9.13.1 Asia Pacific Automotive Overhead Consoles Industry, 2023 – 2032 (USD Billion)
        • 9.13.1.1 Asia Pacific Automotive Overhead Consoles Industry, by Country, 2023 – 2032 (USD Billion)
    • 9.14 Asia Pacific Automotive Overhead Consoles Industry, by Type, 2023 – 2032
      • 9.14.1 Asia Pacific Automotive Overhead Consoles Industry, by Type, 2023 – 2032 (USD Billion)
    • 9.15 Asia Pacific Automotive Overhead Consoles Industry, by Material, 2023 – 2032
      • 9.15.1 Asia Pacific Automotive Overhead Consoles Industry, by Material, 2023 – 2032 (USD Billion)
    • 9.16 Asia Pacific Automotive Overhead Consoles Industry, by Application, 2023 – 2032
      • 9.16.1 Asia Pacific Automotive Overhead Consoles Industry, by Application, 2023 – 2032 (USD Billion)
    • 9.17 Asia Pacific Automotive Overhead Consoles Industry, by Vehicle Type, 2023 – 2032
      • 9.17.1 Asia Pacific Automotive Overhead Consoles Industry, by Vehicle Type, 2023 – 2032 (USD Billion)
    • 9.18. Latin America
      • 9.18.1 Latin America Automotive Overhead Consoles Industry, 2023 – 2032 (USD Billion)
        • 9.18.1.1 Latin America Automotive Overhead Consoles Industry, by Country, 2023 – 2032 (USD Billion)
    • 9.19 Latin America Automotive Overhead Consoles Industry, by Type, 2023 – 2032
      • 9.19.1 Latin America Automotive Overhead Consoles Industry, by Type, 2023 – 2032 (USD Billion)
    • 9.20 Latin America Automotive Overhead Consoles Industry, by Material, 2023 – 2032
      • 9.20.1 Latin America Automotive Overhead Consoles Industry, by Material, 2023 – 2032 (USD Billion)
    • 9.21 Latin America Automotive Overhead Consoles Industry, by Application, 2023 – 2032
      • 9.21.1 Latin America Automotive Overhead Consoles Industry, by Application, 2023 – 2032 (USD Billion)
    • 9.22 Latin America Automotive Overhead Consoles Industry, by Vehicle Type, 2023 – 2032
      • 9.22.1 Latin America Automotive Overhead Consoles Industry, by Vehicle Type, 2023 – 2032 (USD Billion)
    • 9.23. The Middle-East and Africa
      • 9.23.1 The Middle-East and Africa Automotive Overhead Consoles Industry, 2023 – 2032 (USD Billion)
        • 9.23.1.1 The Middle-East and Africa Automotive Overhead Consoles Industry, by Country, 2023 – 2032 (USD Billion)
    • 9.24 The Middle-East and Africa Automotive Overhead Consoles Industry, by Type, 2023 – 2032
      • 9.24.1 The Middle-East and Africa Automotive Overhead Consoles Industry, by Type, 2023 – 2032 (USD Billion)
    • 9.25 The Middle-East and Africa Automotive Overhead Consoles Industry, by Material, 2023 – 2032
      • 9.25.1 The Middle-East and Africa Automotive Overhead Consoles Industry, by Material, 2023 – 2032 (USD Billion)
    • 9.26 The Middle-East and Africa Automotive Overhead Consoles Industry, by Application, 2023 – 2032
      • 9.26.1 The Middle-East and Africa Automotive Overhead Consoles Industry, by Application, 2023 – 2032 (USD Billion)
    • 9.27 The Middle-East and Africa Automotive Overhead Consoles Industry, by Vehicle Type, 2023 – 2032
      • 9.27.1 The Middle-East and Africa Automotive Overhead Consoles Industry, by Vehicle Type, 2023 – 2032 (USD Billion)
  • Chapter 10. Company Profiles
    • 10.1 Johnson Controls International plc
      • 10.1.1 Overview
      • 10.1.2 Financials
      • 10.1.3 Product Portfolio
      • 10.1.4 Business Strategy
      • 10.1.5 Recent Developments
    • 10.2 Magna International Inc.
      • 10.2.1 Overview
      • 10.2.2 Financials
      • 10.2.3 Product Portfolio
      • 10.2.4 Business Strategy
      • 10.2.5 Recent Developments
    • 10.3 Visteon Corporation
      • 10.3.1 Overview
      • 10.3.2 Financials
      • 10.3.3 Product Portfolio
      • 10.3.4 Business Strategy
      • 10.3.5 Recent Developments
    • 10.4 Continental AG
      • 10.4.1 Overview
      • 10.4.2 Financials
      • 10.4.3 Product Portfolio
      • 10.4.4 Business Strategy
      • 10.4.5 Recent Developments
    • 10.5 Grupo Antolin
      • 10.5.1 Overview
      • 10.5.2 Financials
      • 10.5.3 Product Portfolio
      • 10.5.4 Business Strategy
      • 10.5.5 Recent Developments
    • 10.6 Gentex Corporation
      • 10.6.1 Overview
      • 10.6.2 Financials
      • 10.6.3 Product Portfolio
      • 10.6.4 Business Strategy
      • 10.6.5 Recent Developments
    • 10.7 Lear Corporation
      • 10.7.1 Overview
      • 10.7.2 Financials
      • 10.7.3 Product Portfolio
      • 10.7.4 Business Strategy
      • 10.7.5 Recent Developments
    • 10.8 Faurecia
      • 10.8.1 Overview
      • 10.8.2 Financials
      • 10.8.3 Product Portfolio
      • 10.8.4 Business Strategy
      • 10.8.5 Recent Developments
    • 10.9 Harman International Industries Inc.
      • 10.9.1 Overview
      • 10.9.2 Financials
      • 10.9.3 Product Portfolio
      • 10.9.4 Business Strategy
      • 10.9.5 Recent Developments
    • 10.10 Toyoda Gosei Co. Ltd.
      • 10.10.1 Overview
      • 10.10.2 Financials
      • 10.10.3 Product Portfolio
      • 10.10.4 Business Strategy
      • 10.10.5 Recent Developments
    • 10.11 Others.
      • 10.11.1 Overview
      • 10.11.2 Financials
      • 10.11.3 Product Portfolio
      • 10.11.4 Business Strategy
      • 10.11.5 Recent Developments
List Of Figures

Figures No 1 to 29

List Of Tables

Tables No 1 to 102

Report Methodology

In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:

Preliminary Data Mining

On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.

Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.

Statistical Model

Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.

Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.

Some of the variables taken into account for forecasting are as follows:

• Industry drivers and constraints, as well as their current and projected impact

• The raw material case, as well as supply-versus-price trends

• Current volume and projected volume growth through 2030

We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.

Primary Validation

This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.

Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.

All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:

• Market leaders

• Suppliers of raw materials

• Suppliers of raw materials

• Buyers.

The following are the primary research objectives:

• To ensure the accuracy and acceptability of our data.

• Gaining an understanding of the current market and future projections.

Data Collection Matrix

Perspective Primary research Secondary research
Supply-side
  • Manufacturers
  • Technology distributors and wholesalers
  • Company reports and publications
  • Government publications
  • Independent investigations
  • Economic and demographic data
Demand-side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customers


Market Analysis Matrix

Qualitative analysis Quantitative analysis
  • Industry landscape and trends
  • Market dynamics and key issues
  • Technology landscape
  • Market opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2030
  • Market revenue estimates and forecasts up to 2030, by technology
  • Market revenue estimates and forecasts up to 2030, by application
  • Market revenue estimates and forecasts up to 2030, by type
  • Market revenue estimates and forecasts up to 2030, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Prominent Player

  • Johnson Controls International plc
  • Magna International Inc.
  • Visteon Corporation
  • Continental AG
  • Grupo Antolin
  • Gentex Corporation
  • Lear Corporation
  • Faurecia
  • Harman International Industries Inc.
  • Toyoda Gosei Co. Ltd.
  • Others

FAQs

The key factors driving the Market are Smart Technology Integration, Eco-Friendly Materials, Customization and Personalization, Safety Enhancement, Electric Vehicle Integration And Connected and Autonomous Vehicles.

The “Material” category dominated the market in 2022.

The key players in the market are Johnson Controls International plc, Magna International Inc., Visteon Corporation, Continental AG, Grupo Antolin, Gentex Corporation, Lear Corporation, Faurecia, Harman International Industries Inc., Toyoda Gosei Co. Ltd., Others.

“North America” had the largest share in the Automotive Overhead Console Market.

The global market is projected to grow at a CAGR of 6.8% during the forecast period, 2023-2032.

The Automotive Overhead Console Market size was valued at USD 42.1 Billion in 2022.

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