Title: World Automotive Interiors Market Forecast & Future Trends 2022
1World Automotive Interiors Market - Opportunities
and Forecasts, 2015-2022
Published Date 01 June, 2016 No of Pages
150 Single User Price 4740
World Automotive Interiors is expected to grow
at a CAGR of 6.5 during the forecast period
(2016 - 2022), to attain market value of over
200 billion by 2022
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2Automotive interiors refer to the interior
components and systems in a vehicle which are
specifically designed to provide comfort, grip,
and sound insulation in the vehicle cabin.
3- These comprise headliners, cockpit modules, door
panels, flooring, automotive seats, interior
lighting and other components. - Automotive interiors play a critical role in
influencing the buying decision of the buyer as
these are indicative of the vehicle comfort and
quality. - The market of automotive interiors is expected to
grow at a CAGR of 6.5 during the forecast period
(2016 - 2022), to attain market value of over
200 billion by 2022. - Major factors that drive the growth of the market
are rising income levels, growing automotive
industry, and the increasing consumer demand for
innovative and technologically advanced systems,
for an enhanced driving experience. - In line with the increasing consumer demand of
customized and technologically advanced vehicle
interiors, companies in the market are constantly
developing superior products with enhanced
features. - For instance, in April 2014, Grupo Antolin
launched a new lighted headliner, aimed at making
the vehicle interiors more attractive, pleasant
and comfortable.
4- Moreover, manufacturers focus more on usage of
lightweight and highly durable materials in
designing of components so as to reduce the
weight of vehicles. - For instance, in 2014, TRW Automotive Holding
introduced a new version of the inflator with an
aim to reduce weight. - This new airbag was 5 mm smaller in diameter, 50
mm shorter in length, and weighed about 35 less
than previous generation technology. - The growth of the market is affected by stringent
government regulations regarding safe disposable
of effluents released by automotive interior
manufacturers. - The market is segmented on the basis of vehicle
type, component, and geography. - On the basis of vehicle type, the market is
categorized into passenger car and commercial
vehicle (light commercial vehicle and heavy
commercial vehicle). - Component wise, the market is segregated into
Cockpit Module, Flooring, Door Panel, Automotive
Seat, Interior Lighting and others (sun visors,
headliner, overhead and acoustic system).
Geographically, the market is segmented across
North America, Europe, Asia-Pacific, and LAMEA.
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5- Asia-Pacific is the prominent market in the
automotive interior market worldwide, followed by
Europe and North America. - The market in these regions has been further
broken down into major countries within each
region. - Key players that operate in the automotive
interior market are Grupo Antolin, Faurecia
Interior System, Johnson Controls, Calsonic
Kansei Corp., Visteon, Lear Corporation, Delphi
Automotive LLP, Hyundai Mobis Company, Ltd, Magna
International Inc. and IAC Group. - Prominent players operating in the automotive
interior market adopt strategies such as
acquisition, partnership, expansion, and product
launch to increase their geographical presence
and strengthen their market share. - KEY BENEFITS The report includes an in-depth
analysis of the automotive interior components
market, including current trends, drivers,
restraints, and growth opportunities. - Porters Five Forces model illustrates the
potency of buyers and sellers, which is likely to
help the market players to adopt effective
strategies.
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6- Value chain analysis provides a clear
understanding of the roles of different
stakeholders involved. - Key market players are profiled to gain an
understanding of the strategies adopted by them. - This report provides a detailed analysis of the
current trends and future estimations for 2016 to
2022, which assist in identifying the prevailing
market opportunities. - AUTOMOTIVE INTERIORS MARKET SEGMENTATION
- By Vehicle Type Passenger CarCommercial
vehiclesLight Commercial VehicleHeavy Commercial
VehicleBy ComponentCockpit ModuleInfotainmentInstr
ument clusterTelematicsOthersFlooringDoor
PanelAutomotive SeatInterior LightingOthers (sun
visors, headliner, overhead and acoustic systems)
- By Geography North AmericaU.S.CanadaMexicoEuropeG
ermanyRussiaU.K.FranceAsia-PacificChinaIndiaJapanA
ustraliaRest of Asia-PacificLAMEASouth
AfricaBrazilU.A.E.Rest of LAMEA - Key Players Grupo AntolinFaurecia Interior
SystemJohnson Controls Inc.Calsonic Kansei
Corp.VisteonLear CorporationDelphi Automotive
LLPHyundai Mobis Company, Ltd.Magna International
Inc.IAC Group
7World Automotive Interiors Market - Opportunities
and Forecasts, 2015-2022
A detailed qualitative analysis of the factors
responsible for driving and restraining growth of
the World Automotive Interiors Market and future
opportunities are provided in the report.
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