Global car mobile holder market projected to reach USD 862.9 million by 2032, driven by safety regulations and convenience

From GlobeNewswire: 2024-12-17 07:00:00

The car mobile holder market was valued at USD 565.6 million in 2023, projected to grow at a CAGR of 4.3% from 2024 to 2032. Increasing mobile phone use while driving is driving demand for safer driving practices, leading to stricter safety regulations and the enforcement of hands-free mobile solutions.

Navigation app reliance drives market growth as drivers seek real-time directions and traffic updates. Secure mobile holders allow for hands-free usage, enhancing convenience and safety. The market is divided into rotable/flexible and fixed holders, with the fixed segment holding a significant market share in 2023.

Fixed mobile holders are affordable and durable, appealing to budget-conscious consumers. Rubber is the largest material category, offering superior grip and flexibility. The Asia Pacific region dominates the market, with e-commerce boosting sales. Major players include Arkon Mounts, Belkin, and iOttie.

Market research and consulting firm Global Market Insights provides detailed reports on the car mobile holder market, offering insights and data crucial for strategic decision-making. Their reports cover key industries such as technology, renewable energy, and biotechnology, aiding clients in making informed choices for growth and development.



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