Enjoy complimentary customisation on priority with our Enterprise License!
The car phone holder market size is forecast to increase by USD 364.3 million, at a CAGR of 5.7% between 2023 and 2028. The market's growth hinges on several key factors, including the widespread adoption of smartphones, the implementation of stringent safety and road regulations, and the burgeoning presence of e-commerce and online retail platforms. With the proliferation of mobile phones, consumers are increasingly relying on digital devices for various needs, influencing their purchasing behavior and shaping market dynamics. Moreover, the emphasis on safety and road regulations underscores the importance of reliable transportation solutions, driving demand for innovative products that prioritize passenger well-being. Additionally, the rise in e-commerce and online retail activities signifies a shift towards convenient and accessible shopping experiences, prompting stakeholders to adapt their strategies to meet evolving consumer preferences in the digital era.
The market is a significant segment within the logistics and smartphone sales industries. With the increasing popularity of passenger cars and the widespread use of smartphones, the demand for car phone holders has grown substantially. There are various types of car phone holders available in the market, including air vent mounted, suction cup mounted, and CD slot mounted. These holders cater to the convenience of mobile phone users, allowing them to use GPS navigation systems, voice assistants, and wireless car chargers while on the road. The market for car phone holders is influenced by several factors, including road traffic accidents, gas prices, and the rise of 5G technology and 5G phones. The cradle/spring segment holds a substantial market share due to its ability to securely hold smartphones in place. The digital marketing efforts of companies in this sector aim to reduce the fatal crash risk by promoting the use of car phone holders, ensuring safe and hands-free usage of mobile phones while driving.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million " for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.
The magnetic segment is estimated to witness significant growth during the forecast period. The market caters to the growing demand for convenient and safe use of smartphones in passenger cars. These accessories attach to vehicles using magnetic force, allowing for easy attachment and removal. Magnetic car phone holders can be mounted on a dashboard, windshield, or air vent. With increasing car sales and rising gas prices, the need for innovative products like car phone holders is on the rise. These holders are particularly popular among the youth and offer features such as magnetic spring holders, suction cup mounted, CD slot mounted, and air vent mounted options.
Get a glance at the market share of various regions Download the PDF Sample
The magnetic segment was the largest segment and was valued at USD 664.50 million in 2018. The integration of 5G phones and voice assistants in these holders enhances the user experience. However, road traffic accidents caused by mobile phone usage remain a concern, emphasizing the importance of safe viewing while driving. Car phone holders also offer additional features like GPS navigation systems, wireless car chargers, and rubber suction pads for windscreens and air conditioner vents. Logistics companies and automakers are also investing in these accessories to improve productivity and self-awareness on the road. Despite the benefits, concerns around piracy and the potential fatal crash risk associated with mobile phone usage while driving persist. Digital marketing efforts and partnerships with store-based retailers continue to drive sales in this market.
For more insights on the market share of various regions Download PDF Sample now!
North America is estimated to contribute 36% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The market in North America is projected to expand due to the rising trend of smartphone usage and the need for hands-free solutions while driving. With a significant number of residents owning smartphones, there is a growing demand for accessories like car phone holders that facilitate seamless integration of devices into daily life. These accessories offer convenience through various mounting options such as magnetic, grip, windscreen, vent, and dashboard. As many jurisdictions enforce stricter laws against handheld device usage while driving, car phone holders provide a hands-free alternative for accessing essential features like music, calls, and navigation. Online shopping platforms offer inexpensive options for consumers seeking a convenient and safe driving experience.
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Rising smartphone adoption is notably driving market growth. The market has experienced significant growth due to the increasing sales of passenger cars and the widespread use of smartphones for navigation, communication, and entertainment while driving. With more people relying on mobile phones for car GPS navigation systems and voice assistants, the demand for secure and convenient car phone holders has risen. Car phone holders come in various mounting options such as air vent mounted, suction cup mounted, and CD slot mounted. Innovative products like magnetic spring holders and wireless car chargers are gaining popularity. The market is driven by factors like rising smartphone sales, especially for 5G phones, and the need for safe mobile phone usage to reduce road traffic accidents and fatal crash risks.
Car phone holders are available at logistics companies, store-based retailers, and through digital marketing channels. They can be mounted on the windscreen or air conditioner vent using a rubber suction pad or adhesive mount. The automotive and mobility sectors are embracing wireless technology to enhance the driving experience and reduce piracy concerns. Automakers are also offering car phone holders as automobile accessories to cater to the growing demand from the youth. Thus, such factors are driving the growth of the market during the forecast period.
The emergence of wireless charging is the key trend in the market. The market has experienced notable growth due to the integration of wireless charging technology. This innovation eliminates the need for cables and connectors, providing a convenient and clutter-free solution for charging smartphones in vehicles. Car sales have seen an increase in demand for car phone holders, particularly those with wireless charging capabilities. Road traffic accidents and high gas prices have heightened the importance of safe mobile phone usage while driving. Passenger cars now offer various mounting options, including air vent mounted, suction cup mounted, and CD slot mounted car phone holders. With the rise of 5G phones and smartphone sales, the market for innovative car phone holders continues to expand. Logistics and delivery services also benefit from this trend, as drivers can easily access voice assistant features and GPS navigation systems while keeping their phones charged.
Magnetic spring holders and adhesive mounts are popular choices for securing smartphones in different driving conditions. The automotive and mobility sectors have embraced this technology, with automakers focusing on safe viewing and self-awareness features. Wireless technology has become a must-have accessory for drivers, ensuring a seamless driving experience. Rubber suction pads and windscreen mounts are common mounting solutions, while air conditioner vents offer a convenient charging location. The integration of wireless car chargers into car phone holders has simplified daily tasks and reduced the risk of fatal crashes caused by mobile phone usage while driving. Thus, such trends will shape the growth of the market during the forecast period.
The presence of counterfeit products of car phone holders is the major challenge that affects the growth of the market. The market faces challenges from counterfeit products, which can pose risks to consumer safety and manufacturer reputation. These imitation holders may not meet quality standards or safety features, leading to product failures and potential road traffic accidents. Unsuspecting consumers could be disappointed with subpar performance, compatibility issues, or early product deterioration. Negative reviews, decreased trust, and reduced brand loyalty are potential consequences. Car sales, particularly of passenger cars, are influenced by factors like gas prices and consumer preferences for smartphones and innovative products. Car phone holders come in various mounting options such as air vent mounted, suction cup mounted, CD slot mounted, and magnetic spring holders.
With the rise of 5G phones and voice assistant technology, demand for wireless car chargers and GPS navigation systems is increasing. Logistics and store-based retailers cater to different demographics, including the youth market. Road accidents caused by mobile phone usage remain a concern in the automotive and mobility sectors. Adhesive mounts using rubber suction pads or windscreen mounts are popular options for securing mobile phones during travel. The use of wireless technology in car phone holders is a trend, but piracy remains a challenge in the market. Hence, the above factors will impede the growth of the market during the forecast period
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Amkette: The company offers car phone holder products such as iGrip Telescopic car phone holder, iGrip Easy view car phone holder, iGrip Tuff Pro car phone holder, and iGrip Magnetic one-touch dashboard, windshield car mount.
The market research and growth report also includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market is a significant niche in the automotive accessories industry. Car phone holders are essential gadgets for motorists, enabling them to use their mobile phones hands-free while driving. These devices are designed to securely mount phones on the dashboard, windshield, or air vent of a vehicle. Car phone holders come in various shapes, sizes, and materials, catering to different user preferences and vehicle types. Some models feature adjustable angles, allowing users to customize the viewing experience. Others have additional features like wireless charging or Bluetooth connectivity. The market holders is driven by the increasing use of smartphones and the growing demand for hands-free technology in vehicles.
The convenience and safety benefits of using a car phone holder are compelling, making it a popular choice among consumers. Car phone holders are available in various price points, making them accessible to a wide range of consumers. The market is competitive, with numerous players offering a diverse range of products. In conclusion, the market is a growing and dynamic industry, driven by the increasing use of smartphones and the demand for hands-free technology in vehicles. The market offers a diverse range of products catering to various user preferences and price points.
|
Market Scope |
|
|
Report Coverage |
Details |
|
Page number |
151 |
|
Base year |
2023 |
|
Historic period |
2018 - 2022 |
|
Forecast period |
2024-2028 |
|
Growth momentum & CAGR |
Accelerate at a CAGR of 5.7% |
|
Market growth 2024-2028 |
USD 364.3 million |
|
Market structure |
Fragmented |
|
YoY growth 2023-2024(%) |
5.3 |
|
Regional analysis |
North America, APAC, Europe, South America, and Middle East and Africa |
|
Performing market contribution |
North America at 36% |
|
Key countries |
US, China, Germany, France, and UK |
|
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
|
Key companies profiled |
AMBRANE India Pvt. Ltd., Amkette, Arkon Resources Inc., Baseus Technology US Inc., Belkin International Inc., Bestrix LLC, Brodit AB, Canadian Tire Corp. Ltd., Encased Products Inc, Exizzle Line Co. Ltd., Halfords Group Plc, Hiratek, iOttie Inc., Kenu, Mobile Fun Ltd., Portronics Digital Pvt. Ltd., ProClip USA LLC, Scosche Industries, SKYVIK, and ZAAP Technologies |
|
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for market forecast period. |
|
Customization purview |
If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
Get the report (PDF) sent to your email within minutes.
Complimentary full Excel data with your report purchase.
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
