According to the research report titled ‘Global Car Phone Holder Market Size study, by Product (Air Vent Mounted, Suction Cup Mounted, Adhesive Mounted, CD Slot Mounted), by Distribution Channel (Online, Offline) and Regional Forecasts 2022-2028’, available with MarketStudyReport, global car phone holder market is anticipated to expand at a notable rate over 2022-2028.

As per the report, convenience offered by the product, diverse range as per budget, and increasing concerns regarding the safety & security are the major factors contributing toward the global car phone holder market growth.

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For the uninitiated, car phone holders are basically made to hold the phone securely while driving so that it can be safely read. It offers a quick and safe way to use voice assistant and get turn-by-turn directions, lowering the chance of accidents/crashes.

Furthermore, growing desire for car customization, soaring demand for passenger cars brought on by rising disposable income, better living standards, increasing awareness of personal safety, and preference for improved overall experience are expected to bolster industry size in the coming years.

However, the threat of piracy, and limited inclination for product adoption may stifle the market expansion over the stipulated timeframe.

Based on product terrain, the market is divided into CD slot mounted, adhesive mounted, suction cup mounted, and air vent mounted. In terms of distribution channel, worldwide car phone holder industry is split into offline and online.

Speaking from regional frame of reference, Asia Pacific held major a revenue share in the recent past and is slated to attain a healthy CAGR over the analysis timeframe, because of rising consumer demand for passenger cars in the region, and booming population in emerging economies like China and India.

Whereas North America and Europe are poised to generate moderate revenues for the market over 2022-2028, owing to increasing consumer spending power, ongoing technical advancements, and high rate of business expansion in the regions.

Moving on to competitive landscape, Olixar, Portronics, Amkette, ZAAP, iOttie Inc., Baseus, Brodit AB, Kenu, Bestrix, and Arkon Resources Inc. are the leading players influencing the dynamics of global car phone holder market.