The Automotive Centre Console Market To Show An Inclination Towards Organic Growth

New York, United States, 2022-May-02 — /EPR Network/ —

An automotive centre console, in an automobile, is a storage compartment located in the centre of the front portion of a vehicle. An automotive centre console is located between the driver’s seat and front passenger seat.

The automotive centre console area starts from the dashboard and continues underneath it and generally, is merged with the transmission panel/ tunnel which runs between the front passenger and driver seat. An automotive central console can accommodate various features, such as electronic gadgets, control units and can also act as a storage compartment.

Also, other than serving as a storage area, automotive centre consoles can also be used to accommodate audio controls, climate control/air condition systems, cup holders, auxiliary power points and can even be fitted with a display screen. In some automotive arrangements, automotive centre consoles are also used as a storage bin to store food and drinks at the required temperature.

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FACTS AT A GLANCE

Companies: Faurecia S.A.,Lear Corporation,Yanfeng Automotive Trim Systems Co., Ltd.,Continental AG,Novem Car Interior Design GmbH,AGM Automotive, LLC,Grammer AG,Novares Group S.A.,Emerson Electric Co.,MVC Holdings, LLC,DRÄXLMAIER Group

Coverage: All major geographies and key segments

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Segments: Automotive Centre Console Market Segmented By Vehicle Type such as Passenger vehicle(Compact car, Mid Size car, Premium car, Luxury car, SUV), Light commercial vehicle (LCV), Heavy commercial vehicle (HCV), Electric Vehicle with Sales Channel such as Original equipment manufacturers (OEMs), Aftermarket

Geographies: North America (U.S., Canada),Latin America (Mexico, Brazil, Argentina, Chile, Peru),Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe),CIS and Russia,Asia-Pacific (China, India, ASEAN, South Korea),Japan,Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

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ABSTRACT-

The primary factors responsible for the growth of the automotive centre console market is the growth of the automobile sector and the fact that prominent players across the globe are enhancing their production capacity. Also, growing demand for luxury and high-performance cars is also expected to support the growth of the automotive centre console market during the forecast period.

That apart, research and development being carried to enhance automotive interiors by including more technologically advanced equipment will create more demand for automotive centre consoles in vehicles. Also, growing integration of electronics in the automobile to increase efficiency and installation of high-tech accessories, such as heating and cooling bins, will further boost the growth of the automotive centre console market over the forecast period.

The latest trend among original equipment manufacturers (OEMs) operating in the automotive centre console market is to produce light but efficient vehicles that offer enhanced fuel efficiency with better performance. This, in turn, is driving the demand for lighter material automotive central consoles.

However, growing preference for attaching front slang seat might restraint the growth of the automotive centre console market over the forecast period.

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