1. Market Research
  2. > Automotive Market Trends
Middle East and Africa Overhead Console Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Application and Vehicle Type

Middle East and Africa Overhead Console Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Application and Vehicle Type

  • July 2021
  • 87 pages
  • ID: 6134348
  • Format: PDF
  • The Insight Partners

Summary

Table of Contents

Search Inside

The overhead console market in Middle East & Africa is expected to grow from US$ 384.41 million in 2021 to US$ 503.94 million by 2028; it is estimated to grow at a CAGR of 3.9% from 2021 to 2028.

In the earlier generation, consumers used to purchase premium vehicles to reflect their social status, but the new generation is expressing other reasons for buying premium autos for the need of luxury and clever technologies.According to the studies women are playing an important role in the premium car market, especially in the developed economies.

As per the survey, while selecting a vehicle model, women primarily focus on safety features, comfort, and exterior styling, over the attributes favored by their male counterparts, such as powertrain technology, socially recognized premium brands, and bigger models.The mounting inclination of consumers toward comfortable travel experience is also propelling the demand of car accessories for an entertaining, luxurious driving experience, a surge in vehicle customization among the young population, and increasing trends toward moving car accessories are prominent factors for the Middle East & Africa overhead console market.

Also, the modern customer demands the best range of accessories at a reasonable cost.Several car accessories brands are providing premium quality car accessories at desirable prices.

Thus, the above-mentioned factors are driving the demand for overhead consoles in sedans and SUVs.

The major countries in the MEA facing the economic impact of COVID-19 pandemic include Saudi Arabia, the UAE, Egypt, Morocco, and Kuwait.The region is projected to register a swift decline in manufacturing activities due to industries shutting down and technology innovations coming to a halt across the Middle East and Africa region; this can be attributed to lowered production activities and disruption of manufacturing in many countries in these regions.

Irrespective of the previous projections regarding steady growth of the overhead console market in the MEA due to escalating demand of automobiles, to enhance resource utilization, improve efficiencies, and enhance driver safety.In Saudi Arabia and the UAE, the imposition of travel restrictions and disruption of supply chains are limiting the overhead console market growth to a certain extent.

The impact of the COVID-19 pandemic on this market has been huge both as a merit and demerit. However, it will certainly see a heavy rise after the pandemic.

The overhead console market is segmented into application and vehicle type.Based on vehicle type, the market is segmented into passenger vehicle and commercial vehicle.

Commercial vehicle includes light commercial vehicles (LCV) and heavy commercial vehicles (HCV). The Light commercial vehicles are specially designed as a van, pick-up truck, or utility vehicle for the carriage of passenger or goods with a gross design weight of 3.5 metric tons–7 metric tons. Light commercial vehicles are generally the trucks that have applications in short-to-medium cargo shipments. Similarly, the general weight of heavy commercial vehicles is more than 7 metric tons. The heavy commercial vehicles include trucks, tractors, and other vehicles. There is an increasing demand for heavy commercial vehicles in the region which is expected to drive the market growth during the forecast period. The automotive overhead console comprises lighting device holders and delivers navigation-related information in the vehicle. Further, rise in demand for driver monitoring system in a vehicle, which requires an overhead console, is boosting the Middle East & Africa overhead console market.

The overall Middle East & Africa overhead console market size has been derived using both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market.

The process also serves the purpose of obtaining overview and forecast for the Middle East & Africa overhead console market with respects to all the segments pertaining to the region.Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic.

The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Middle East & Africa overhead console market. Flex Ltd.; Grupo Antolin; Hella GmbH & Co. KGAA; Magna International Inc.; and Yanfeng Automotive Interiors are among a few players operating in the Middle East & Africa overhead console market.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.

ref:plp2021

Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on