Automotive Interiors Market
Automotive Interiors Market Global Industry Assessment & Forecast
#
Pages:
170
2021
Nov - 2021
VMR-2021-0573
Segments Covered
By
Component Center Stack, Head-Up Display, Seat, Interior Lighting, Door Panels, Others
-
By
Material Leather, Fabric, Glass Fiber Composite, Metal, Others
-
By
Vehicle Type Passenger Cars, Commercial Vehicles
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
115.3 Billion |
 Revenue 2028:
|
182.4 Billion |
 Revenue CAGR
(2021 - 2028): |
5.74% |
Fastest Growing Region (2022 -
2028)
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
The report delivers an acute breakdown of the market based on various segments such as Component, Material and region. This study comprises the market size in terms of revenue for each segment at the global/regional/country level along with a detailed analysis of growth prospects, challenges, and opportunities.
On the basis of Component, the market is divided into Center Stack, Head-Up Display,Seat, Interior Lighting, Door Panels, Others. Seats is expected to dominate the market and is projected to grow at a noteworthy CAGR within the forecast period.
Based on Material, the market is divided into Leather, Fabric, Glass Fiber Composite, Metal, Others. Glass Composite Fiber attributed to the highest market share and is expected to grow at a significant CAGR from 2021 to 2028.
Global Automotive Interiors Market: Component Segment Analysis
-
- Center Stack
- Head-Up Display
- Seat
- Interior Lighting
- Door Panels
- Others
Global Automotive Interiors Market: Material Segment Analysis
-
- Leather
- Fabric
- Glass Fiber Composite
- Metal
- Others
Global Automotive Interiors Market: Vehicle Type Segment Analysis
-
- Passenger Cars
- Commercial Vehicles
FAQ
Frequently Asked Question
What is the global demand for Automotive Interiors in terms of revenue?
-
The global Automotive Interiors valued at 115.3 Billion in 2020 and is expected to reach 182.4 Billion in 2028 growing at a CAGR of 5.74%%.
Which are the prominent players in the market?
-
The prominent players in the market are Grupo Antolin, Yanfeng Automotive Interiors, Toyota Boshoku, Robert Bosch, IAC Group, Toyoda Gosei, Faurecia, Calsonic Kansei, Continental, Visteon Corporation, Hyundai Mobis Company, Lear Corporation, Kansei Corp, Adient..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 5.74%% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Automotive Interiors include
- The increasing demand for fuel efficient and light weight vehicle is anticipated to augment the growth of the automotive interiors market. This is owing to the implementation of government regulations for safety, carbon emission, and lightweight vehicles. This has led the OEMs to use materials that will reduce the weight of the vehicle with more efficiency. There are a variety of plastic options available for OEMs to use in interiors. For example, to make vehicle doors and instrument panels, polyvinyl chloride (PVC) is often used. In case of cost-sensitive automotive markets, low-cost plastics and finishing of interiors is preferred. The luxury and premium car manufacturers use high-quality plastics and finishes. The variety of options made available is expected to open new avenues in the automotive interiors market.
- The increasing technological development is anticipated to augment the growth of the automotive interiors market during the forecast period. This is owing to the rise in demand for luxurious, attractive, comfortable, and aesthetic features in the automobiles. Luxury cars are now integrated with high quality equipment, comfort, performance, and advanced automotive interiors. Owing to these innovations and rising disposable income of the consumers there is an increase in the demand of the automotive interiors market.
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Automotive Interiors in 2020.
