Global Automotive Glove Box Market 2017-2021

  • ID: 4268113
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • Faurecia
  • Hyundai Mobis
  • IAC Group
  • Magna International
  • Moriroku Holdings Company
  • TONG YANG GROUP
  • MORE
About Automotive Glove Box

The glove compartment first introduced in a horseless carriage made by Packard circa in 1900. By the 1930s, the majority of the automobile manufacturers offered them as a standard feature. These compartments were named glove boxes as gloves were regularly kept inside them.

The analysts forecast the global automotive glove box market to grow at a CAGR of 3.68% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global automotive glove box market for 2017-2021. To calculate the market size, the report considers the number of passenger cars and commercial vehicles.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Automotive Glove Box Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Visteon
- IAC Group
- Hyundai Mobis
- Magna International

Other prominent vendors
- Moriroku Holdings Company
- TONG YANG GROUP
- Yanfeng Automotive Interiors
- Faurecia
- Trinseo

Market drivers
- Flexible car financing facilities increasing PC sales
- For a full, detailed list, view the full report

Market challenges
- Gradual increase in annual wages leading to declining profit margins
- For a full, detailed list, view the full report

Market trends
- Introduction of multi compartments to increase security
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Faurecia
  • Hyundai Mobis
  • IAC Group
  • Magna International
  • Moriroku Holdings Company
  • TONG YANG GROUP
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by vehicle type
  • Global automotive glove box market by passenger cars segment
  • Global automotive glove box market by LCVs segment
  • Global automotive glove box market in HCVs segment
PART 07: Geographical segmentation
  • APAC
  • Americas
  • EMEA
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Market challenges
PART 10: Market trends
  • Emergence of temperature-controlled glove boxes
  • Introduction of multi compartments to increase security
  • Emergence of glove box airbags
PART 11: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
  • Visteon
  • IAC Group
  • Hyundai Mobis
  • Magna International
  • Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Value chain of the instrument panel
Exhibit 02: Segmentation of automotive glove box market
Exhibit 03: Global automotive glove box market 2016-2021 (millions of units)
Exhibit 04: Top ten countries by GDP 2012-2015 ($ billion)
Exhibit 05: Five forces analysis
Exhibit 06: Global automotive glove box market segmentation by vehicle type 2016 (% share)
Exhibit 07: Global automotive glove box market segmentation by vehicle type 2021 (% share)
Exhibit 08: Unit shipment in automotive glove box market by vehicle type 2016-2021 (millions of units)
Exhibit 09: Global automotive glove box market by passenger cars segment 2016-2021 (millions of units)
Exhibit 10: Global automotive glove box market by LCVs segment 2016-2021 (millions of units)
Exhibit 11: Global automotive glove box market by HCVs segment 2016-2021 (millions of units)
Exhibit 12: Geographical segmentation of automotive glove box market 2016 (% share)
Exhibit 13: Geographical segmentation of automotive glove box market 2021 (% share)
Exhibit 14: Region wise shipment in automotive glove box market 2016-2021 (millions of units)
Exhibit 15: Automotive glove box market in APAC 2016-2021 (millions of units)
Exhibit 16: Automotive glove box market in Americas 2016-2021 (millions of units)
Exhibit 17: Automotive glove box market in EMEA 2016-2021 (millions of units)
Exhibit 18: Other prominent vendors
Exhibit 19: Visteon: Recent developments
Exhibit 20: IAC Group: Product segmentation
Exhibit 21: Hyundai Mobis: Product portfolio
Exhibit 22: Magna International: Business segmentation
Exhibit 23: Magna International: Product portfolio
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Faurecia
  • Hyundai Mobis
  • IAC Group
  • Magna International
  • Moriroku Holdings Company
  • TONG YANG GROUP
  • MORE
New Report Released: – Global Automotive Glove Box Market 2017-2021

The author of the report recognizes the following companies as the key players in the global automotive glove box market: Visteon, IAC Group, Hyundai Mobis and Magna International.

Other Prominent Vendors in the market are: Moriroku Holdings Company, TONG YANG GROUP, Yanfeng Automotive Interiors, Faurecia and Trinseo.

Commenting on the report, an analyst from the research team said: “One trend in the market is introduction of multi compartments to increase security. The glove boxes in vehicles are fitted with latches. These boxes have an optional locking feature that increases security. The lock on the glove compartment can be opened only with a single master key.”

According to the report, one driver in the market is flexible car financing facilities increasing PC sales. Car loans are crucial for improving car sales and indirectly affect the automotive glove box market. GM was the first company that established a non-banking institution to support the potential buyers. The company indirectly assisted the OEMs in improving car sales.

Further, the report states that one challenge in the market is gradual increase in annual wages leading to declining profit margins. In the automotive industry value chain, the OEMs absorbed the liability for the majority of the warranty costs and price pressure caused by high demand. In the present scenario, OEMs push the liabilities on tier-1 suppliers. These suppliers pass on the liabilities to the component manufacturers. This has led to cost optimization to maintain profits.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Visteon
  • IAC Group
  • Hyundai Mobis
  • Magna International
  • Moriroku Holdings Company
  • TONG YANG GROUP
  • Yanfeng Automotive Interiors
  • Faurecia
  • Trinseo
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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