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PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1355697
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1355697
Global Automotive Armrest Market Size study & Forecast, by Application Type (Passenger Cars, Commercial Vehicles), By Sales Channel Type (OEM, Aftermarket) and Regional Analysis, 2023-2030
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The automotive armrest is a feature seen in many modern vehicles that allow passengers to rest their arms. The armrest is frequently used to hold important items and make them easily accessible while driving. The driver frequently makes use of the front armrest, which folds away according to the user's option and has storage compartments and even cup holders. The Automotive Armrest market is expanding because of factors such as increasing production and sale of new vehicles and growing number of passenger cars. Furthermore, the armrest on the rear seats is foldable and may be utilized as a third-person seat or a handrest. This feature is offered in high-end vehicles. In some designs where occupant safety is prioritized, such as Volvo vehicles, the armrest doubles as a kid seat with a fully adjustable seatbelt.
According to Statista, in 2021 global car sales increased to roughly 67.2 million vehicles in 2022, up from around 66.7 million units. Furthermore, in terms of car production, India was one of the world's leaders. In the fiscal year 2022, India's overall automobile production volume was roughly 22.9 million units, an increase from the previous year. Another important component driving space increase is the number of passenger cars. As per Statista, in 2022, 57.5 million passenger cars were sold globally, up by about 1.9% year-on-year. At nearly 23.6 million units, China was the world's largest regional market for automobiles. In addition, China has the world's largest automobile market, with around 23.56 million passenger cars purchased in 2022. Also, rise in disposable income and increasing urbanization would create a lucrative growth prospectus for the market over the forecast period. However, high development costs of Automotive Armrest and lack of interior space stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Automotive Armrest Market study include: Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing to the rapid urbanization, increasing purchasing power in the region. North America is expected to grow significantly during the forecast period, owing to the presence of prominent automotive players and rising demand of luxury vehicles in the region.
Major market players included in this report are:
- Grammer AG
- Adient plc
- Ningbo Jifeng Auto Parts Co., ltd.
- Piston Group
- Toyota Boshoku Corporation
- TACHI-S CO., LTD.
- Fehrer Group
- Sydmeko Industri AB
- Rati Kft
- Martur Fompak International
Recent Developments in the Market:
- In May 2023, Grammer AG has signed a supply agreement with BMW for the 7 series rear seat centre armrest. Integrated heating and 3D moulded genuine glass applications are among the features. Perforated leather or cashmere are used as trims. A slide-out drawer with a cup holder and a wireless charging pad is also included. A lighted compartment provides additional storage space, and a USB connector is also included.
Global Automotive Armrest Market Report Scope:
- Historical Data: 2020 - 2021
- Base Year for Estimation: 2022
- Forecast period: 2023-2030
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Application Type, Sales Channel Type, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Application Type
- Passenger Cars
- Commercial Vehicles
By Sales Channel Type
- OEM
- Aftermarket
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Automotive Armrest Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Automotive Armrest Market, by Application Type, 2020-2030 (USD Billion)
- 1.2.3. Automotive Armrest Market, by Sales Channel Type, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Automotive Armrest Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Automotive Armrest Market Dynamics
- 3.1. Automotive Armrest Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Increasing production and sale of new vehicles.
- 3.1.1.2. Growing number of passenger cars
- 3.1.2. Market Challenges
- 3.1.2.1. High development costs of Automotive Armrest
- 3.1.2.2. Lack of interior space
- 3.1.3. Market Opportunities
- 3.1.3.1. Rising disposable income
- 3.1.3.2. Increasing urbanization
- 3.1.1. Market Drivers
Chapter 4. Global Automotive Armrest Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Automotive Armrest Market, by Application Type
- 5.1. Market Snapshot
- 5.2. Global Automotive Armrest Market by Application Type, Performance - Potential Analysis
- 5.3. Global Automotive Armrest Market Estimates & Forecasts by Application Type 2020-2030 (USD Billion)
- 5.4. Automotive Armrest Market, Sub Segment Analysis
- 5.4.1. Passenger Cars
- 5.4.2. Commercial Vehicles
Chapter 6. Global Automotive Armrest Market, by Sales Channel Type
- 6.1. Market Snapshot
- 6.2. Global Automotive Armrest Market by Sales Channel Type, Performance - Potential Analysis
- 6.3. Global Automotive Armrest Market Estimates & Forecasts by Sales Channel Type 2020-2030 (USD Billion)
- 6.4. Automotive Armrest Market, Sub Segment Analysis
- 6.4.1. OEM
- 6.4.2. Aftermarket
Chapter 7. Global Automotive Armrest Market, Regional Analysis
- 7.1. Top Leading Countries
- 7.2. Top Emerging Countries
- 7.3. Automotive Armrest Market, Regional Market Snapshot
- 7.4. North America Automotive Armrest Market
- 7.4.1. U.S. Automotive Armrest Market
- 7.4.1.1. Application Type breakdown estimates & forecasts, 2020-2030
- 7.4.1.2. Sales Channel Type breakdown estimates & forecasts, 2020-2030
- 7.4.2. Canada Automotive Armrest Market
- 7.4.1. U.S. Automotive Armrest Market
- 7.5. Europe Automotive Armrest Market Snapshot
- 7.5.1. U.K. Automotive Armrest Market
- 7.5.2. Germany Automotive Armrest Market
- 7.5.3. France Automotive Armrest Market
- 7.5.4. Spain Automotive Armrest Market
- 7.5.5. Italy Automotive Armrest Market
- 7.5.6. Rest of Europe Automotive Armrest Market
- 7.6. Asia-Pacific Automotive Armrest Market Snapshot
- 7.6.1. China Automotive Armrest Market
- 7.6.2. India Automotive Armrest Market
- 7.6.3. Japan Automotive Armrest Market
- 7.6.4. Australia Automotive Armrest Market
- 7.6.5. South Korea Automotive Armrest Market
- 7.6.6. Rest of Asia Pacific Automotive Armrest Market
- 7.7. Latin America Automotive Armrest Market Snapshot
- 7.7.1. Brazil Automotive Armrest Market
- 7.7.2. Mexico Automotive Armrest Market
- 7.8. Middle East & Africa Automotive Armrest Market
- 7.8.1. Saudi Arabia Automotive Armrest Market
- 7.8.2. South Africa Automotive Armrest Market
- 7.8.3. Rest of Middle East & Africa Automotive Armrest Market
Chapter 8. Competitive Intelligence
- 8.1. Key Company SWOT Analysis
- 8.1.1. Company 1
- 8.1.2. Company 2
- 8.1.3. Company 3
- 8.2. Top Market Strategies
- 8.3. Company Profiles
- 8.3.1. Grammer AG
- 8.3.1.1. Key Information
- 8.3.1.2. Overview
- 8.3.1.3. Financial (Subject to Data Availability)
- 8.3.1.4. Product Summary
- 8.3.1.5. Recent Developments
- 8.3.2. Adient plc
- 8.3.3. Ningbo Jifeng Auto Parts Co., ltd.
- 8.3.4. Piston Group
- 8.3.5. Toyota Boshoku Corporation
- 8.3.6. TACHI-S CO., LTD.
- 8.3.7. Fehrer Group
- 8.3.8. Sydmeko Industri AB
- 8.3.9. Rati Kft
- 8.3.10. Martur Fompak International
- 8.3.1. Grammer AG
Chapter 9. Research Process
- 9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
- 9.2. Research Attributes
- 9.3. Research Assumption
LIST OF TABLES
- TABLE 1. Global Automotive Armrest Market, report scope
- TABLE 2. Global Automotive Armrest Market estimates & forecasts by Region 2020-2030 (USD Billion)
- TABLE 3. Global Automotive Armrest Market estimates & forecasts by Application Type 2020-2030 (USD Billion)
- TABLE 4. Global Automotive Armrest Market estimates & forecasts by Sales Channel Type 2020-2030 (USD Billion)
- TABLE 5. Global Automotive Armrest Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 6. Global Automotive Armrest Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 7. Global Automotive Armrest Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 8. Global Automotive Armrest Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 9. Global Automotive Armrest Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 10. Global Automotive Armrest Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 11. Global Automotive Armrest Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 12. Global Automotive Armrest Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 13. Global Automotive Armrest Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 14. Global Automotive Armrest Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 15. U.S. Automotive Armrest Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 16. U.S. Automotive Armrest Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 17. U.S. Automotive Armrest Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 18. Canada Automotive Armrest Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 19. Canada Automotive Armrest Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 20. Canada Automotive Armrest Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 21. UK Automotive Armrest Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 22. UK Automotive Armrest Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 23. UK Automotive Armrest Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 24. Germany Automotive Armrest Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 25. Germany Automotive Armrest Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 26. Germany Automotive Armrest Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 27. France Automotive Armrest Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 28. France Automotive Armrest Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 29. France Automotive Armrest Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 30. Italy Automotive Armrest Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 31. Italy Automotive Armrest Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 32. Italy Automotive Armrest Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 33. Spain Automotive Armrest Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 34. Spain Automotive Armrest Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 35. Spain Automotive Armrest Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 36. RoE Automotive Armrest Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 37. RoE Automotive Armrest Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 38. RoE Automotive Armrest Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 39. China Automotive Armrest Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 40. China Automotive Armrest Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 41. China Automotive Armrest Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 42. India Automotive Armrest Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 43. India Automotive Armrest Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 44. India Automotive Armrest Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 45. Japan Automotive Armrest Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 46. Japan Automotive Armrest Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 47. Japan Automotive Armrest Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 48. South Korea Automotive Armrest Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 49. South Korea Automotive Armrest Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 50. South Korea Automotive Armrest Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 51. Australia Automotive Armrest Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 52. Australia Automotive Armrest Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 53. Australia Automotive Armrest Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 54. RoAPAC Automotive Armrest Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 55. RoAPAC Automotive Armrest Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 56. RoAPAC Automotive Armrest Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 57. Brazil Automotive Armrest Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 58. Brazil Automotive Armrest Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 59. Brazil Automotive Armrest Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 60. Mexico Automotive Armrest Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 61. Mexico Automotive Armrest Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 62. Mexico Automotive Armrest Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 63. RoLA Automotive Armrest Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 64. RoLA Automotive Armrest Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 65. RoLA Automotive Armrest Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 66. Saudi Arabia Automotive Armrest Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 67. South Africa Automotive Armrest Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 68. RoMEA Automotive Armrest Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 69. List of secondary sources, used in the study of global Automotive Armrest Market
- TABLE 70. List of primary sources, used in the study of global Automotive Armrest Market
- TABLE 71. Years considered for the study
- TABLE 72. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
LIST OF FIGURES
- FIG 1. Global Automotive Armrest Market, research methodology
- FIG 2. Global Automotive Armrest Market, Market estimation techniques
- FIG 3. Global Market size estimates & forecast methods
- FIG 4. Global Automotive Armrest Market, key trends 2022
- FIG 5. Global Automotive Armrest Market, growth prospects 2023-2030
- FIG 6. Global Automotive Armrest Market, porters 5 force model
- FIG 7. Global Automotive Armrest Market, pest analysis
- FIG 8. Global Automotive Armrest Market, value chain analysis
- FIG 9. Global Automotive Armrest Market by segment, 2020 & 2030 (USD Billion)
- FIG 10. Global Automotive Armrest Market by segment, 2020 & 2030 (USD Billion)
- FIG 11. Global Automotive Armrest Market by segment, 2020 & 2030 (USD Billion)
- FIG 12. Global Automotive Armrest Market by segment, 2020 & 2030 (USD Billion)
- FIG 13. Global Automotive Armrest Market by segment, 2020 & 2030 (USD Billion)
- FIG 14. Global Automotive Armrest Market, regional snapshot 2020 & 2030
- FIG 15. North America Automotive Armrest Market 2020 & 2030 (USD Billion)
- FIG 16. Europe Automotive Armrest Market 2020 & 2030 (USD Billion)
- FIG 17. Asia Pacific Automotive Armrest Market 2020 & 2030 (USD Billion)
- FIG 18. Latin America Automotive Armrest Market 2020 & 2030 (USD Billion)
- FIG 19. Middle East & Africa Automotive Armrest Market 2020 & 2030 (USD Billion)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
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