Global Automotive Auxiliary Cigarette Socket
Market Report
2024
The Global Automotive Auxiliary Cigarette Sockets market size was USD 6.2 billion in 2022. It will grow at a CAGR of 2.3% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, The Global Automotive Auxiliary Cigarette Sockets market size was USD 6.2 billion in 2022. It will grow at a CAGR of 2.3% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Automotive Auxiliary Cigarette Socket Market Sales Revenue 2022 | $ 6.2 Billion |
Global Automotive Auxiliary Cigarette Socket Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 2.3% |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Automotive Auxiliary Cigarette Socket industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Automotive Auxiliary Cigarette Socket Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The Automotive Auxiliary Cigarette Sockets Market is growing due to various factors. The increasing use of electronic devices such as smartphones, GPS units, and portable chargers in vehicles has increased the demand for auxiliary power outlets. These sockets provide a convenient way to power and charge devices on the road. As consumers seek greater connectivity and convenience in their vehicles, the automotive auxiliary cigarette sockets market is expanding.
In November 2021, Lear Corporation revealed the execution of a contract with a prominent global automotive Original Equipment Manufacturer (OEM). Under this agreement, Lear will provide its exclusive Global Navigation Satellite System – a precision-based vehicle positioning technology. This technology is seamlessly incorporated into Lear's advanced 4G/5G telecommunications unit, designed specifically for the mentioned automotive OEM.
(Source: www.lear.com/newsroom/lears-exo-technology-signs-hyundai-as-its-first-development-partner)
The surging demand for easy-to-access portable accessories is a key driver of the growing Automotive Auxiliary Cigarette Sockets Market. As consumers increasingly rely on portable devices like smartphones, GPS units, and portable chargers, the need for convenient and readily available vehicle power sources has surged.
In February 2022, Harman International, a subsidiary of Samsung Electronics, and Microsoft unveiled a collaborative effort to integrate Microsoft Azure Private Multi-access Edge Compute (PMEC) with solutions from Harman International's Digital Transformation Solutions (DTS) division.
Auxiliary cigarette sockets offer a practical solution for powering and charging these accessories while moving. This rising demand for seamless connectivity and easy access to portable accessories is propelling the expansion of the market for automotive auxiliary cigarette sockets.
Government-imposed restrictions have impacted automotive auxiliary cigarette sockets market in various ways. Stringent regulations addressing distracted driving have led to limitations on using electronic devices while operating vehicles, affecting the demand for auxiliary power outlets. Additionally, policies aimed at reducing emissions and promoting electric vehicles have shifted automotive priorities, potentially affecting the adoption of auxiliary cigarette sockets in traditional internal combustion engine vehicles. These restrictions alter consumer behavior and automaker strategies, influencing the growth trajectory of the Automotive Auxiliary Cigarette Sockets Market.
Auxiliary Cigarette Sockets Market in several ways. Initially, disruptions in manufacturing and supply chains led to a temporary slowdown. With lockdowns and reduced travel, the demand for certain vehicle accessories, including cigarette sockets, decreased. However, as restrictions eased, a rebound was driven by the increased use of personal vehicles for commuting and road trips. The need for charging electronic devices remained strong, driving the demand for auxiliary power outlets. The pandemic underscored the importance of in-car connectivity, contributing to the market's growth.
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The shift towards sustainability and eco-friendliness has spurred Power Inc. and Xantrex Technology Inc. to develop auxiliary cigarette sockets compatible with solar panels and other renewable energy sources. This taps into the growing consumer preference toward environmentally conscious products and aligns with the automotive industry's push toward greener solutions. In this dynamic landscape, technological convergence has become a defining trend. Including auxiliary cigarette sockets are incorporated into multifunctional units, including USB charging ports, wireless charging pads, and intelligent movement systems. Anker Innovations Limited and BESTEK are notable players that have adeptly coed these functionalities, providing consumers with all-in-one solutions that cater to the modern vehicle's power and connectivity needs. Product offerings do not solely shape the competitive landscape; distribution and partnerships also play a crucial role. Companies like Leviton Manufacturing Co., Inc. and RAYMARINE have strengthened their market presence by collaborating with automakers and original equipment manufacturers (OEMs), ensuring that their auxiliary cigarette sockets are seamlessly integrated into new vehicle models.
October 2022: Denso Corp. and NTT Com have joined forces to establish a Security Operation Center for Vehicles (VSOC1). This initiative addresses the growing concern posed by progressively advanced cyber-attacks targeting vehicles.
(Source: www.denso.com/us-ca/en/news/newsroom/2022/20221018-01/)
September 2022: Harman International, a subsidiary of Samsung Electronics, has completed the acquisition of CAARESYS, an Israel-based company specializing in creating passenger monitoring systems for vehicles. These systems utilize contactless, low-emission radar technology. This strategic move will propel Harman International to the forefront of the Ipassenger In-Cabin Safety and Well-being market.
February 2022: Bosch Mobility Solutions has agreed to purchase Atlatec GmbH, a prominent provider of high-resolution digital maps designed for driver assistance and autonomous driving applications. This acquisition is a strategic step for Bosch, enabling them to deliver a comprehensive ecosystem for automated driving. This ecosystem spans sensors and actuators to software and maps, catering to autonomous vehicle manufacturers. Anticipated outcomes of this acquisition include enhancing Bosch's capabilities in SAE Level 4 automated driving.
(Source: www.bosch-mobility.com/en/company/current-news/acquisition-of-map-specialist-atlatec-planned/)
Top Companies Market Share in Automotive Auxiliary Cigarette Socket Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, Asia Pacific dominated the market in 2022 and accounted for a share of more than 35% of the global revenue due to several variables. Due to several significant factors, Asia Pacific has established its dominance in the Automotive Auxiliary Cigarette Sockets Market. The region's booming automotive industry and densely populated urban centers have spurred the widespread adoption of electronic devices in vehicles. As connectivity and device charging demand rises, the need for auxiliary cigarette sockets has grown exponentially. Furthermore, Asia Pacific's increasing middle-class population, rising disposable incomes, and a culture of technological adoption have contributed to consumers' popularity of electronic devices. The prevalence of passenger cars and commercial vehicles across diverse industries and long commuting hours has further fueled the demand for auxiliary power outlets. Government initiatives encouraging electric vehicles and sustainable transportation solutions have also played a role. As the region rapidly urbanizes, the Automotive Auxiliary Cigarette Sockets Market is driven by the need to cater to the modern consumer's demand for connectivity and convenience while moving.
Due to several factors, North America emerged as the fastest-growing automotive auxiliary cigarette sockets market. The region's tech-savvy consumer base and high adoption of electronic devices have driven the demand for in-car connectivity and charging solutions. The prevalence of long-distance travel and road trips in North America has heightened the need for auxiliary power outlets. Additionally, the region's automotive industry's emphasis on advanced features and amenities has propelled the integration of auxiliary cigarette sockets. As consumers prioritize convenience and connectivity, North America's market growth in this segment has outpaced others.
The current report Scope analyzes Automotive Auxiliary Cigarette Socket Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Global Automotive Auxiliary Cigarette Socket Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Automotive Auxiliary Cigarette Socket Industry growth. Automotive Auxiliary Cigarette Socket market has been segmented with the help of its Type, Application , and others. Automotive Auxiliary Cigarette Socket market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, 12 Volt is the item that is utilized the most frequently in the market for Automotive Auxiliary Cigarette Sockets. Due to its widespread compatibility and versatility, the 12V type has secured the largest market share in the Automotive Auxiliary Cigarette Sockets Market. Many electronic devices commonly used in vehicles, such as smartphones, GPS units, and portable chargers, are designed to operate on 12V power. This type of socket aligns seamlessly with the power requirements of these devices, making it the preferred choice for consumers. Its ubiquity across various vehicle models and ease of integration contributes to its dominance in the market, driving its substantial market share.
Due to specific vehicle and device compatibility, the 6-volt type has secured the second-largest share in the Automotive Auxiliary Cigarette Sockets Market. While less common than the 12-volt type, certain vintage and classic vehicles and specialized devices require a 6-volt power source. This unique demand has driven the adoption of 6-volt sockets, making them essential for enthusiasts, collectors, and industries with specialized power requirements, contributing to their significant market presence.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Automotive Auxiliary Cigarette Socket Industry. Request a Free Sample PDF!
Due to several key factors, passenger cars have captured the largest market share in the Automotive Auxiliary Cigarette Sockets Market. The increasing demand for in-car connectivity and device charging among passengers has driven the adoption of auxiliary cigarette sockets. These sockets offer convenience for charging smartphones, tablets, and other electronic devices during travel. Moreover, passenger cars are widely used for daily commuting and road trips, making them a primary environment where such sockets are needed. As consumer preferences shift towards enhanced comfort and convenience features, the market for auxiliary cigarette sockets in passenger cars continues to grow.
According to Cognitive Market Research, commercial vehicles are the second-most popular Application. Commercial Vehicles have clinched the second-largest market share in the Automotive Auxiliary Cigarette Sockets Market due to their widespread use in various industries. Commercial vehicles, such as trucks, vans, and buses, are often used for long hours on the road, necessitating power outlets for navigation systems, communication devices, and auxiliary equipment. The need to power these devices to ensure operational efficiency and driver convenience has driven the adoption of auxiliary cigarette sockets in the commercial vehicle segment.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Automotive Auxiliary Cigarette Socket market report 2024 Edition by contacting our team.
Senior Research Analyst at Cognitive Market Research
An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile & Transportation vertical.
With a work experience of over 10+ years in the market research and strategy development. I have worked with diverse industries, including FMCG, IT, Telecom, Automotive, Electronics and many others. I also work closely with other departments such as sales, product development, and marketing to understand customer needs and preferences, and develop strategies to meet those needs.
I am committed to staying ahead in the rapidly evolving field of research and analysis. This involves regularly attending conferences, participating in webinars, and pursuing additional certifications to enhance my skill set. I played a crucial role in conducting market research and competitive analysis. I have a proven track record of distilling complex datasets into clear, concise reports that have guided key business initiatives. Collaborating closely with multidisciplinary teams, I contributed to the development of innovative solutions grounded in thorough research and analysis.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Automotive Auxiliary Cigarette Socket Market is witnessing significant growth in the near future.
In 2023, the 12 Volt segment accounted for noticeable share of global Automotive Auxiliary Cigarette Socket Market and is projected to experience significant growth in the near future.
The Passenger Vehicle segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Delphi Technologies , Continental AG and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Disclaimer:
Type | 12 Volt, 6 Volt |
Application | Passenger Vehicle, Commercial Vehicle |
List of Competitors | Delphi Technologies, Hella KGaA Hueck & Co., Continental AG, Bosch Group, Narva, Schurter Group, Littelfuse Inc., TE Connectivity Ltd., E-T-A Elektrotechnische Apparate GmbH, HELLA Electronics Corporation, Leviton Manufacturing Co. Inc., Powerlet, P.I. Auto Store, CTEK Power Inc., Anker Innovations Limited, BESTEK, Blue Sea Systems, Wagan Corporation, RAYMARINE, Xantrex Technology Inc. |
This chapter will help you gain GLOBAL Market Analysis of Automotive Auxiliary Cigarette Socket. Further deep in this chapter, you will be able to review Global Automotive Auxiliary Cigarette Socket Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
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Qualitative Analysis for the North America Market: North America Automotive Auxiliary Cigarette Socket Market Trends North America Automotive Auxiliary Cigarette Socket Technological Road Map North America Automotive Auxiliary Cigarette Socket Market Drivers North America Automotive Auxiliary Cigarette Socket Market Restraints North America Automotive Auxiliary Cigarette Socket Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
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Chapter 3 Europe Market Analysis
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Chapter 4 Asia-Pacific Market Analysis
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Chapter 5 South America Market Analysis
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Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Automotive Auxiliary Cigarette Socket market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why 12 Volt have a significant impact on Automotive Auxiliary Cigarette Socket market? |
What are the key factors affecting the 12 Volt and 6 Volt of Automotive Auxiliary Cigarette Socket Market? |
What is the CAGR/Growth Rate of Passenger Vehicle during the forecast period? |
By type, which segment accounted for largest share of the global Automotive Auxiliary Cigarette Socket Market? |
Which region is expected to dominate the global Automotive Auxiliary Cigarette Socket Market within the forecast period? |
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