Car Phone Holder Market Size Worth $1.7 Billion By 2030
Car Phone Holder Industry Overview
The global car phone holder market size is anticipated to reach USD 1.7 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.5% from 2022 to 2030. Car phone holder makes a crucial accessory, mainly used to hold mobile phones while driving on a road in passenger and cargo cars. The inclination of customers towards enhanced performance experience while driving, and the surge in demand for passenger cars owing to a rise in disposable income and improved lifestyle drive the growth of the market.
Car Phone Holder Market Segmentation
Grand View Research has segmented the global car phone holder market on the basis of product, distribution channel, and region:
Based on the Product Insights, the market is segmented into Air Vent Mounted, Suction Cup Mounted, Adhesive Mounted, and CD Slot Mounted
- The air vent mounted product segment dominated the market and accounted for the largest share of 45.4% in 2021. The air vent mounts are typically attached to the blades of the car’s front air vent, letting individuals conveniently place their phones just to the right or left of the steering wheel, depending on the vent placement in the car.
- Meanwhile, the suction cup-mounted segment is projected to witness the highest CAGR of 6.1% over the forecast period. They are the most common type of mounts for car phone holders and are designed to stick to windshields or dashboards, making them the most versatile.
Based on the Distribution Channel Insights, the market is segmented into Online and Offline
- The online segment is expected to witness the highest CAGR of 6.1% from 2022 to 2030. The growing online presence of manufacturers and retailers, and the flexibility of payment options along with free delivery, are propelling the growth of the online distribution segment.
- The offline segment dominated the car phone holder market and accounted for the largest revenue share of 68.0% in 2021. Few of the key brick-and-mortar stores such as hardware specialty stores, hypermarkets/supermarkets, and company established brand outlets selling automobile-related parts are being considered in the offline store segment.
Car Phone Holder Regional Outlook
- North America
- Europe
- Asia Pacific
- Central & South America
- Middle East & Africa
Browse through Grand View Research's Electronic & Electrical Industry Research Reports.
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Key Companies Profile & Market Share Insights
The market is competitive in nature owing to the presence of a high concentration of domestic and local players in the market. Manufacturers are striving to develop and design diverse product portfolios to serve the evolving needs of end-users.
Some of the key players in the car phone holder market include:
- Arkon Resources, Inc.
- Bestrix
- Kenu
- Brodit AB
- Baseus
- iOttie, Inc.
- ZAAP
- Amkette
- Portronics
- Olixar
Order a free sample PDF of the Car Phone Holder Market Intelligence Study, published by Grand View Research.
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