Some of the key drivers impacting the demand for the market include, growing usage of composite materials to cut the weight of the vehicle, increasing emergence for temperature-controlled glove boxes and increasing security with multi compartments. However, stringent government regulation is major restraint hampering the market growth.
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According to Publisher, the Global Automotive Glove Box market is expected to grow at a CAGR of 4.8% during the forecast period.
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By vehicle type, passenger car segment dominated the global market due to improved industrial outputs, enhanced socio-economic conditions and superior disposable incomes.
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Some of the key players in this market include Minda KTSN Plastic Solutions GmbH & Co.KG, Recticel, Trinseo S.A, Hyundai Mobis, Yanfeng Automotive Interiors, Faurecia, Illinois Tool Works Inc., Moriroku Holdings Company, IAC Group, Visteon Corporation and Magna International Inc.
Vehicle Types Covered:
-Heavy commercial vehicle (HCV)
-Light commercial vehicle (LCV)
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- Rest of Europe
- New Zealand
- Rest of Asia Pacific
-Rest of the World
- Middle East
- South Africa
8.1 Minda KTSN Plastic Solutions GmbH & Co.KG
8.3 Trinseo S.A
8.4 Hyundai Mobis
8.5 Yanfeng Automotive Interiors
8.7 Illinois Tool Works Inc.
8.8 Moriroku Holdings Company
8.9 IAC Group
8.10 Visteon Corporation
8.11 Magna International Inc.
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