Automotive Interior Market Size & Analysis - Forecasts To 2025 By Component (Cockpit Module, Central Console, Dome Module, Headliner, Door Panel, Infotainment System, Interior Lighting, Automotive Seats), By Vehicle Type (Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle), By Region (North America, Europe, Asia-Pacific, Central & South America, Middle East & Africa), End-use Landscape, Vendor Landscape and Market Share & Competitive Landscape - Global Market Estimates
Automotive Interior Market Insights
The global automotive interior market is expected to grow at a significant CAGR of more than 5% over the forecast period. This growth is mainly attributed to increasing demand for premium vehicles. Along with this, rising demand for convenience and cabin comfort is also likely to stimulate the market for automotive interiors.
Moreover, changing lifestyle of consumers in developed countries coupled with rising adoption of passenger cars is expected to augment the market growth over the coming years. The growing automotive sectors in countries such as India and China among others is also anticipated to favor the sector.
On the basis of component, the automotive interior market is segmented into cockpit module, central console, dome module, headliner, door panel, infotainment system, interior lighting, and automotive seats. The market for infotainment system is expected to occupy the highest share owing to its rising application in navigation and time & temperature display among others.
The airbag & seat belt segment is projected to grow significantly over the forecast period. This can be attributed to growing awareness of consumers and road safety among others. Moreover, stringent traffic rules & regulations is likely to boost the market over the coming years.
Automotive Interior Market: Vehicle Type Insights
By form, the automotive interior market is segmented into passenger vehicle, light commercial vehicle, and heavy commercial vehicle. The PV segment is anticipated to register significant growth rate in the coming years on account of its increasing production as compared to other commercial vehicles. Moreover, factors such as high quality of automotive interior components are also projected to boost the demand for this product.
Automotive Interior Market: Regional Insights
Asia Pacific is expected to grow at a high CAGR over the forecast period. This can be attributed to growing automotive sector particularly in China and Japan. Demand is projected to arise from countries such as India, South Korea, Japan and China among others.
North America is also likely to observe considerable growth rate over the years. The regional growth can be attributed to rising disposable income of the consumers coupled with increasing demand for luxury cars with advanced technologies.
Automotive Interior Market: Vendor Landscape
The report contains a chapter dedicated to vendors operating in the market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies.
Automotive Interior Market: End-Use Landscape
The end-use landscape entails a list of current and prospective consumers prevailing across the regions. This section provides company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase automotive interiors over the coming years. Some leading consumers of this market are BMW Group, Fiat-Chrysler, Ford Motor, Nissan-Renault Group and General Motors.
Automotive Interior Market Share & Competitor Analysis
The global market for this product is expected to be significantly large due to the presence of numerous manufacturers. The key players include Continental AG, Johnson Controls, Inc., Visteon Corporation, Panasonic Corporation, Faurecia S.A., Toyota Boshoku Corporation, Tachi-S Co. Ltd., Delphi Automotive PLC, Calsonic Kansei Corporation, Hyundai Mobis Co. Ltd., Lear Corporation, and Magna International Inc.
Please note: This is not an exhaustive list of companies profiled in the report.
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The global Automotive Interior Market has been studied from the year 2016 till 2025. However, the CAGR provided in the report is from the year 2017 to 2025. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Automotive Interior Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies, and customer analytics.
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