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Phone Mount Market Share

Report ID: GMI11593
Published Date: Sep 2024
Report Format: PDF

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Phone Mount Market Share

Phone Mount Market Company Market Share Analysis (2023)

In 2023, key companies like Arkon Mounts, RAM Mounts, ProClip USA, Gamber-Johnson and Rode held a combined market share of 5%-8%. These companies are actively engaging in mergers, acquisitions, facility expansions, and collaborations to enhance their product portfolios, reach more customers, and strengthen their market positions. Manufacturers are investing in advanced technologies like GPS integration, telematics, and automated recovery systems to improve efficiency and safety. Companies are also focusing on R&D to develop innovative towing solutions and stay ahead of technological trends.

Phone Mount Market Companies

Major companies operating in the market include:

Arkon Mounts
Brodit
Gamber-Johnson
Iottie
Kenu
Mighty Mount
Mob Armor
National Products
Nite Ize
ProClip USA
Raegr
Rode
Scosche
SP United Holding
Spigen

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The phone mount industry was valued at approximately USD 2.8 billion in 2023 and is estimated to grow at a 6.5% CAGR from 2024 to 2032, driven by stricter regulations on phone use while driving.

The magnetic mounts segment recorded USD 1.3 billion in 2023 and is expected to grow at a 6.7% CAGR from 2024 to 2032. Magnetic mounts provide a stable hold using strong magnets, allowing easy phone access and 360-degree rotation for seamless transitions between portrait and landscape orientations.

The U.S. dominates the North American market with a 79% share. High smartphone penetration rates and a large number of vehicles on the road drive the demand for hands-free solutions to enhance driving safety and convenience.

Major companies operating in the market include Arkon Mounts, Brodit, Gamber-Johnson, Iottie, Kenu, Mighty Mount, Mob Armor, National Products, Nite Ize, ProClip USA, Raegr, Rode, Scosche, SP United Holding, and Spigen.