The automotive drawer slides global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Automotive Drawer Slides Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The automotive drawer slides market size has grown strongly in recent years. It will grow from $6.2 billion in 2023 to $6.64 billion in 2024 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to increasing demand for customizable drawer configurations, development of lightweight materials, growth in the furniture and cabinetry industries, rising demand for ergonomic and space saving solutions, development of corrosion-resistant coatings for durability.
The automotive drawer slides market size is expected to see strong growth in the next few years. It will grow to $8.77 billion in 2028 at a compound annual growth rate (CAGR) of 7.2%. The growth in the forecast period can be attributed to development of advanced materials and manufacturing technologies, growth in the production of electric and hybrid vehicles, rising focus on enhancing passenger comfort and convenience in vehicles, increasing consumer preference for organized storage solutions in cars, development of lightweight and durable drawer slide components. Major trends in the forecast period include adoption of advanced materials, advancements in slide design to optimize space and functionality in vehicles, implementation of automated and motorized drawer slide systems, integration of eco-friendly materials and processes, adoption of lightweight materials.
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Scope Of Automotive Drawer Slides Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Automotive Drawer Slides Market Overview
Market Drivers –
The increased production of passenger vehicles is expected to propel the growth of the automotive drawer slides market going forward. Passenger vehicles are motor vehicles designed primarily for the transportation of passengers rather than goods or cargo. Passenger vehicles are fueled by consumer demand, making car ownership more accessible, advancements in automotive technology, and competitive market dynamics. Automotive drawer slides support passenger vehicles by enhancing storage efficiency, interior space utilization, and overall passenger comfort and vehicle functionality. For instance, in February 2024, according to the Department of Infrastructure, Transport, Regional Development, Communications, and the Arts, an Australia-based government department for delivering Australian government policy and programs, battery electric vehicles (BEVs) in Australia totaled about 40,000 as of January 31, 2022, reflecting a 100% increase from 2021. Of these, 34,200 were passenger cars, which was a 118% increase from the previous year. Therefore, increased production of passenger vehicles is driving the growth of the automotive drawer slide market.
Market Trends –
Major companies operating in the automotive drawer slides market are developing innovative solutions by launching advanced products, such as next-generation drawer systems, to enhance functionality and meet evolving consumer demands for efficiency and durability. Next-generation drawer systems significantly improve the operational efficiency, safety, and user experience in automotive applications, making them a valuable addition to modern vehicles across various sectors. For instance, in October 2023, DECKED, a US-based manufacturer of cargo van storage systems, launched advanced drawer systems for pickup trucks. These systems enhance storage and organization for outdoor enthusiasts by offering increased capacity, improved weatherproofing, and integrated cargo tie-downs. The technological advancements include new molding techniques for greater durability and redesigned components for better environmental protection. This innovation sets a new standard in automotive drawer slides, optimizing space and functionality for both full-size and mid-size truck models.
The automotive drawer slides market covered in this report is segmented –
1) By Type: Aluminum Automotive Drawer Slide, Steel Automotive Drawer Slide, Stainless Steel Automotive Drawer Slide
2) By Design: Lock Out, Lock In, Pocket And Bayonet Mounting
3) By Weight: Light Duty, Medium Duty, Heavy Duty
4) By Mounting Type: Bottom Mounted, Cabinet Mounted, Drawer Mounted, Other Mounting Types
5) By Application: Fire Truck, Ambulance, Armored Security Vehicle, Other Applications
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Regional Insights –
North America was the largest region in the automotive drawer slides market in 2023, and is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive drawer slides market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the automotive drawer slides market are Siemens AG, Honeywell International Inc., Parker-Hannifin Corporation, Southco Inc., Accuride Corporation, Knape & Vogt Manufacturing Company, Destaco, King Slide Works Co. Ltd., Jonathan Engineered Solutions, Thomas Regout International B.V., Monroe Engineering LLC, Sugatsune Kogyo Co Ltd, D&d Technologies LLP, Jet Press Ltd, Siso A/S, Emka SA., Del-Tron Precision Inc., Fulterer USA Inc., Tusk Direct Inc., ITW Automotive Products GmbH
Table of Contents
1. Executive Summary
2. Automotive Drawer Slides Market Report Structure
3. Automotive Drawer Slides Market Trends And Strategies
4. Automotive Drawer Slides Market – Macro Economic Scenario
5. Global Automotive Drawer Slides Market Size and Growth
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32. Global Automotive Drawer Slides Market Competitive Benchmarking
33. Global Automotive Drawer Slides Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Automotive Drawer Slides Market
35. Automotive Drawer Slides Market Future Outlook and Potential Analysis
36. Appendix
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