PUBLISHER: The Business Research Company | PRODUCT CODE: 1877802
PUBLISHER: The Business Research Company | PRODUCT CODE: 1877802
Interior and exterior passenger car parts are components designed to improve the functionality, safety, and aesthetics of vehicles both inside and out. These parts contribute to comfort, durability, and overall vehicle performance while enhancing style and protection.
The key part types of interior and exterior passenger car parts include interior parts, exterior parts, transmission parts, and chassis parts. Interior parts consist of the components and fittings within a vehicle's cabin that provide comfort, functionality, and visual appeal for passengers. Materials used include plastic, metal, fabric, leather, and others, serving applications across military and commercial sectors. These parts are distributed through various channels, including original equipment manufacturers (OEMs), aftermarket sales, and dealerships, catering to a broad range of end users such as individual consumers, fleet operators, rental car companies, auto repair shops, and vehicle resellers.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The swift increase in U.S. tariffs and the ensuing trade tensions in spring 2025 are significantly affecting the machinery sector by increasing costs for steel, hydraulic systems, and precision bearings critical components often imported from tariff-affected regions. Manufacturers of construction, agricultural, and industrial machinery now face squeezed margins, as many long-term contracts prevent immediate price adjustments. The uncertainty has also delayed investment in automation and smart machinery technologies, slowing productivity gains. To adapt, firms are accelerating local supplier development, redesigning products to use alternative materials, and leveraging predictive maintenance to extend equipment lifespans amid higher replacement costs.
The interior and exterior passenger car parts market research report is one of a series of new reports from The Business Research Company that provides interior and exterior passenger car parts market statistics, including interior and exterior passenger car parts industry global market size, regional shares, competitors with a interior and exterior passenger car parts market share, detailed interior and exterior passenger car parts market segments, market trends and opportunities, and any further data you may need to thrive in the interior and exterior passenger car parts industry. This interior and exterior passenger car parts market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The interior and exterior passenger car parts market size has grown strongly in recent years. It will grow from $208.49 billion in 2024 to $220.94 billion in 2025 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period is driven by rising demand for vehicle customization, increasing global passenger car production, growing preference for safety-enhanced components, expansion of automotive manufacturing hubs, and greater use of lightweight materials in earlier designs.
The interior and exterior passenger car parts market size is expected to see strong growth in the next few years. It will grow to $281.84 billion in 2029 at a compound annual growth rate (CAGR) of 6.3%. The growth during the forecast period is driven by the growing demand for electric and hybrid vehicles, expansion of premium vehicle segments, rising consumer focus on interior comfort and luxury, increasing emphasis on sustainability and recyclable materials, and growing adoption of modular vehicle architectures. Primary trends in the forecast period include the development of eco-friendly coatings and paints, advancement in smart climate control vents, integration of augmented reality dash displays, incorporation of biometric access systems, and innovation in adaptive aerodynamic exterior parts.
The rising focus on vehicle safety is expected to drive the growth of the interior and exterior passenger car parts market in the coming years. Vehicle safety refers to the design, engineering, and technological measures implemented in automobiles to protect occupants and reduce the likelihood or severity of accidents. A primary factor driving the increasing focus on vehicle safety is growing consumer awareness of accident risks, as informed drivers and passengers seek advanced safety features to enhance protection, encouraging manufacturers to emphasize safety innovations in both design and functionality. High quality interior and exterior passenger car parts enhance structural integrity, impact absorption, and occupant protection, reinforcing the overall emphasis on vehicle safety. For example, in September 2025, according to the National Highway Traffic Safety Administration, a US based agency of the Department of Transportation, roadway fatalities are projected to decrease by 8.2 percent, with an estimated 17,140 people losing their lives in motor vehicle crashes from January through June 2025, compared to 18,680 during the same period in 2024. Therefore, the rising focus on vehicle safety is driving the interior and exterior passenger car parts market.
Companies operating in the interior and exterior passenger car parts market are focusing on developing stylish and performance-oriented car wheels to enhance vehicle aesthetics, driving dynamics, and fuel efficiency. Stylish and performance-oriented car wheels combine advanced engineering with modern design, offering improved handling, durability, and strength while providing a distinctive and refined appearance. For instance, in August 2025, MAK, an Italy-based company specializing in alloy wheels, introduced the Asphalt alloy wheel for crossovers and passenger cars, compatible with leading automotive brands such as Alfa Romeo, Audi, Mini, Volkswagen, and Toyota. Available in diameters ranging from 18" to 21" with a PCD of up to 130, the Asphalt wheel is designed to fit popular models including the Volkswagen Golf, Audi A6 e-tron, Range Rover Evoque, Volvo XC40, and Ford Kuga. Featuring a lightweight construction that enhances handling and fuel efficiency, the wheel also carries TUV/KBA and NAD certifications, ensuring high standards of safety and durability. Offered in premium finishes such as Black Mirror and Gloss Black, the Asphalt wheel delivers a sporty yet elegant look, allowing customers to personalize their vehicles while optimizing performance and visual appeal.
In April 2023, Autoneum Holding AG, a Switzerland-based automobile company, acquired Borgers SE & Co. KGaA for an undisclosed amount. Through this acquisition, Autoneum Holding AG aims to reinforce its global market position, broaden its product portfolio in vehicle acoustic and thermal management solutions, and expand its presence across key international markets. Borgers SE & Co. KGaA is a Germany-based company that designs and manufactures interior and exterior components for passenger cars.
Major players operating in the interior and exterior passenger car parts market are Robert Bosch GmbH, Denso Corporation, Continental AG, ZF Friedrichshafen AG, Magna International Inc., Hyundai Mobis Company Limited, Aisin Seiki Co. Ltd., Forvia SE, Valeo, Sumitomo Electric Industries Ltd., MAHLE GmbH, Toyota Boshoku Corporation, Marelli Holdings Co. Ltd., Grupo Antolin, Toyoda Gosei Co. Ltd., Lear Corporation, Adient Plc, Visteon Corporation, Opmobility, Inteva Products LLC, Minth Group, WITTE Automotive, Sundaram Clayton Ltd., Yanfeng Automotive Trim Systems
North America was the largest region in the interior and exterior passenger car parts market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the interior and exterior passenger car parts market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the interior and exterior passenger car parts market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The interior and exterior passenger car parts market consists of sales of steering wheels, air conditioning vents, grilles, spoilers, and roof racks. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Interior And Exterior Passenger Car Parts Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on interior and exterior passenger car parts market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for interior and exterior passenger car parts ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The interior and exterior passenger car parts market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.