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Car Mobile Holder Market Size

  • Report ID: GMI12103
  • Published Date: Nov 2024
  • Report Format: PDF

Car Mobile Holder Market Size

The global car mobile holder market size was valued at USD 565.6 million in 2023 and is estimated to grow at a CAGR of over 4.3% from 2024 to 2032. Stricter safety regulations is driving the car mobile holder industry. As mobile phone usage while driving increases, which leads to accidents governments and regulatory bodies are enforcing tougher laws to promote safer driving.

 

For instance, the National Highway Traffic Safety Administration (NHTSA) reported 3,308 deaths due to distracted driving in 2022, leading to stricter hands-free laws. These regulations boost the demand for car mobile holders. Additionally, growing consumer awareness about the dangers of distracted driving is increasing the demand for safer phone usage solutions. This combination of regulatory support and consumer awareness is accelerating the growth of the market.
 

As navigation apps gain traction among drivers, the demand for car mobile holders is further increased. With drivers increasingly depending on these apps for real-time directions, traffic updates, and optimized routes, the need for secure and easily accessible car mobile holders has increased. These holders enable users to position their devices safely for hands-free navigation, boosting both convenience and safety on the road. Thus, the heightened dependence on navigation technology is driving the market.
 

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of car mobile holder reached USD 565.6 million in 2023 and is estimated to grow at a 4.3% CAGR from 2024 to 2032, driven by stricter safety regulations.

The rubber material segment held 62% share in 2023 and is set to expand at a 5% CAGR through 2032, owing to its excellent grip and flexibility.

The Asia Pacific market recorded around USD 235.9 million in 2023 and is expected to witness over 5.2% growth till 2032, influenced by the rise in e-commerce and the presence of major car manufacturers.

The key players in the industry include Arkon Mounts, Aukey Official, Belkin, Bonafide Creation, Brodit AB, iOttie, Kenu, Mpow, Nite Ize, Portronics, Scosche Industries, Spigen, TechMatte, Vanmass, and WixGear.

Car Mobile Holder Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 296
  • Countries covered: 18
  • Pages: 370
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