Automotive Drawer Slides Market Report 2024

The automotive drawer slides market size has grown strongly in recent years. It will grow from $6.2 billion in 2023 to $6.64 billion in 2024 at a compound annual growth rate (CAGR) of 7.1%. The growth during the historic period was driven by the increasing demand for customizable drawer configurations, advancements in lightweight materials, expansion of the furniture and cabinetry industries, growing need for ergonomic and space-saving solutions, and the development of corrosion-resistant coatings for enhanced durability.

The automotive drawer slides market size is expected to see strong growth in the next few years. It will grow to $8.77 billion in 2028 at a compound annual growth rate (CAGR) of 7.2%. Anticipated growth in the forecast period will be fueled by advancements in materials and manufacturing technologies, expansion in the production of electric and hybrid vehicles, heightened emphasis on improving passenger comfort and convenience in vehicles, growing consumer preference for organized storage solutions in automobiles, and innovations in lightweight and durable components for drawer slides. Key trends expected in the forecast period include the adoption of advanced materials, enhancements in slide design to optimize vehicle space and functionality, integration of automated and motorized drawer slide systems, utilization of eco-friendly materials and processes, and increased use of lightweight materials.

The growth of the automotive drawer slides market is expected to be driven by increased production of passenger vehicles in the future. Passenger vehicles, designed primarily for transporting passengers rather than goods, are fueled by consumer demand, technological advancements in automotive technology, and competitive market dynamics. Automotive drawer slides play a crucial role in enhancing storage efficiency, interior space utilization, and overall passenger comfort and vehicle functionality within these vehicles. For example, as of January 31, 2022, Australia had approximately 40,000 battery electric vehicles (BEVs), marking a 100% increase from 2021, with 34,200 of these being passenger cars, showing a 118% increase from the previous year. This trend underscores how the increased production of passenger vehicles is fostering growth in the automotive drawer slide market.

Key players in the automotive drawer slides market are focusing on innovation by introducing advanced products such as next-generation drawer systems. These solutions are designed to enhance functionality and meet evolving consumer demands for efficiency and durability in automotive applications. For instance, in October 2023, DECKED, a US-based manufacturer specializing in cargo van storage systems, launched advanced drawer systems tailored for pickup trucks. These systems not only improve storage and organization for outdoor enthusiasts but also offer increased capacity, enhanced weatherproofing, and integrated cargo tie-downs. Technological advancements, such as new molding techniques for improved durability and redesigned components for better environmental protection, set a new benchmark in automotive drawer slides. This innovation aims to optimize space and functionality across various full-size and mid-size truck models.

In March 2022, DECKED, a manufacturer based in the United States specializing in truck bed storage and organizational systems, completed the acquisition of CargoGlide for an undisclosed sum. This acquisition is intended to enrich DECKED's product lineup by incorporating CargoGlide's durable and ergonomic sliding bed platforms. By doing so, DECKED aims to solidify its standing in the market for truck bed accessories, providing comprehensive solutions that cater to a wide range of customer requirements. CargoGlide, a US-based company renowned for its sliding truck bed cargo trays and accessories, focuses on enhancing accessibility and organization within truck beds.

Major companies operating in the automotive drawer slides market are Siemens AG, Honeywell International Inc., Parker-Hannifin Corporation, Southco Inc., Accuride Corporation, Knape & Vogt Manufacturing Company, Destaco, King Slide Works Co. Ltd., Jonathan Engineered Solutions, Thomas Regout International B.V., Monroe Engineering LLC, Sugatsune Kogyo Co Ltd, D&d Technologies LLP, Jet Press Ltd, Siso A/S, Emka SA., Del-Tron Precision Inc., Fulterer USA Inc., Tusk Direct Inc., ITW Automotive Products GmbH.

North America was the largest region in the automotive drawer slides market in 2023, and is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive drawer slides market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the automotive drawer slides market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Automotive drawer slides are specialized mechanical components used in vehicles to enable the smooth movement of drawers and sliding compartments. These slides are engineered to withstand the unique challenges of automotive environments, including vibrations, temperature variations, and the need for secure locking mechanisms.

There are several types of automotive drawer slides, aluminum, steel, and stainless steel. Aluminum automotive drawer slides, crafted from lightweight yet durable aluminum, are particularly suited for automotive settings where strength and resistance to corrosion are essential. They come in various configurations such as lock out, lock in, and pocket and bayonet mounting, catering to different needs for weight capacities ranging from light to heavy duty. Mounting options include bottom, cabinet, and drawer installations. These slides find application in diverse vehicles such as fire trucks, ambulances, armored vehicles, and other specialized vehicles.

The automotive drawer slides market research report is one of a series of new reports that provides automotive drawer slides market statistics, including automotive drawer slides industry global market size, regional shares, competitors with a automotive drawer slides market share, detailed automotive drawer slides market segments, market trends and opportunities, and any further data you may need to thrive in the automotive drawer slides industry. This automotive drawer slides market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The automotive drawer slides market consists of sales of locking drawer slides and telescopic drawer slides. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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