Global Automotive Centre Console Market Insights 2024, Forecast To 2033

The automotive centre console market has exhibited robust growth, increasing from $31.3 billion in 2023 to $33.74 billion in 2024, with a CAGR of 7.8%. This growth is attributed to the rise of modern electric vehicles, changing consumer behavior, limited connectivity features, and the presence of simple storage compartments. The forecast period is expected to witness strong growth, reaching $44.42 billion in 2028, with a CAGR of 7.1%. Drivers for this growth include the rising production of passenger cars and commercial vehicles, growth in the high-end and luxury car segments, expansion of the connected car ecosystem, and a surge in demand for electric and autonomous vehicles. Noteworthy trends in the future involve the integration of large touchscreen displays, customizable ambient lighting, connectivity with IoT and smart home devices, wireless charging for devices, and the development of multi-functional and modular console designs.