Global Automotive Drawer Slides Market – Industry Trends and Forecast to 2029

Automotive Drawer Slides Market Analysis and Size

Automotive drawer slides that serve various multi-functional movements in vehicles are gaining popularity in the automotive industry. The demand for these multi-functional systems is increasing across various vehicle types, including emergency, recreational, off-highway, and utility vehicles.

Data Bridge Market Research analyses that the automotive drawer slides market was valued at USD 6.00 billion in 2021 and is expected to reach the value of USD 9.64 billion by 2029, at a CAGR of 6.10% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Automotive Drawer Slides Market Scope and Segmentation

Market Definition

A drawer slide in an automobile is a type of linear guide that provides low friction motion in one direction. Compared to other types of linear guides, such as ball bearings or roller bearings, automotive drawer slides have several advantages. These benefits include increased load capacity, reduced operational noise, smoother operation, and a longer service life. Automotive drawer slides are used in a variety of applications, including fire trucks, ambulances, and armoured security vehicles.

Global Automotive Drawer Slides Market Dynamics

Drivers

• high penetration of SUVs and crossover vehicles in the market

The growing use of drawer guides and slides materials in various vehicles propels the automotive drawer slides market forward. The rise in demand for vehicle customizations is a notable trend that is driving the market forward. In commercial vans, permanent camper furniture is common. As a result, automotive drawer slides are in high demand. This is expected to improve the outlook for the automotive drawer slides market. Rising automotive vehicle sales in both developing and developed regions are also providing a strong boost to demand for automotive drawer slides.

• Incorporation of electronic components and software to replace complex mechanical parts

Consumer and OEM safety awareness has prompted manufacturers of automotive drawer slides to strive for robust designs that incorporate multifunctional elements. They have been incorporating better materials to this end. In this regard, stainless-steel and aluminium drawers are gaining popularity due to their corrosion resistance and ability to withstand harsh conditions.

Opportunity

Following the implementation of customer feedback, the automotive drawer slides marker is experiencing a new demand dynamic. As a result, manufacturers are working hard to develop products with customers in mind in order to gain a stronghold in the automotive drawer slides market. In developed markets, numerous top players are expanding their product portfolio. This has also aided them in identifying new application areas. A few manufacturers in the cost-conscious automotive drawer slides market are also releasing low-cost products.

Restraints

However, the volatility in steel prices, which is the primary raw material used in the production of drawer slides, will impede the growth of the automotive drawer slides during the forecast period.

This automotive drawer slides market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the automotive drawer slides market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Automotive Drawer Slides Market

The most recent report provides an in-depth examination of the severe impact of COVID-19 on the global drawer slides market. The pandemic has significantly impacted the global industrial and commercial sectors, halting operations indefinitely. The widespread fear of the virus's spread prompted a government-imposed lockdown and mandatory social distancing protocols around the world at the start of this year. As a result, demand for drawer slides has plummeted significantly during the pandemic, impeding global market growth to an unprecedented degree. However, according to our analysts, the market will soon regain traction in the post-COVID-19 era.

Recent Development

• Accuride International Inc. has been in business for 60 years and has innovated their series of automotive drawer slides and slide solutions, fueling automotive drawer slide sales.
• Jet press limited has unveiled its new soft-closing ball bearing drawer slides, ball bearing drawer slides, bottom fix drawer runners, and concealed runners. This increases market competition and drives automotive drawer slide sales.

Global Automotive Drawer Slides Market Scope

The automotive drawer slides market is segmented on the basis of design, material, and weight, mounting type, pull-out-type, distribution channel and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Design  

• Lock-Out
• Lock-In
• Pocket and Bayonet Mounting

Material

• Aluminum
• Steel
• Stainless Steel

Weight

• Light Duty
• Medium Duty
• Heavy Duty

Mounting type

• Bottom Mounted
• Cabinet Mounted
• Drawer Mounted
• Others

Pull-out type

• Full Extension
• Over Travel
• Partial Extension
• Two Way Extension

Distribution channel

• OEM (Original Equipment Manufacturers)
• Aftermarket

Application

• Utility Trucks
• Fire Trucks
• Ambulance
• Armored Security Vehicles (ASV)
• Homeland Security Vehicle
• Other

Automotive Drawer Slides Market Regional Analysis/Insights

The automotive drawer slides market is analysed and market size insights and trends are provided by country of design, material, and weight, mounting type, pull-out-type, distribution channel and application as referenced above.

The countries covered in the automotive drawer slides market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America has made significant contributions to the global automotive drawer slides market. The demand for vehicles with automotive drawer slides, particularly commercial vehicles, is driving the expansion. In addition to North America, the presence of key manufacturers has opened up lucrative avenues in Europe.

On the other hand, Asia-Pacific has shown significant potential for growth in the global automotive drawer slides market. The widespread use of multifunctional vehicles has been critical to their growth. China, Brazil, and India are leading the growth in the Asia-Pacific automotive drawer slides market.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Automotive Drawer Slides Market Share Analysis

The automotive drawer slides market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to automotive drawer slides market.

Some of the major players operating in the automotive drawer slides market are:

• ABB (Switzerland)
• Siemens (Germany)
• Honeywell International, Inc. (U.S.)
• Rockwell Automation (U.S.)
• Baumer Ltd (Switzerland)
• Encoder Products Company, Inc. (U.S.)
• Fuji Electric Co. Ltd. (Japan)
• Delta Electronics, Inc. (Taiwan)
• Emerson Electric (U.S.)
• Omron Corporation (Japan)
• Panasonic Corporation (Japan)
• Baumuller Holding GmbH & Co. KG (Germany)
• Balluff GmbH (Germany)
• Sensata Technologies, Inc. (U.S.)
• Festo Corporation (Germany)
• Parker-Hannifin Corporation (U.S.)
• SMC Corporation (Japan)
• DESTACO (U.S.)
• SWISS Automation, Inc. (U.S.)
• Mitsubishi Electric Corporation (Japan)

SKU-58596