Market Research Report
Global Automotive Interior Market By Vehicle Type (Passenger Cars, LCV and HCV), By Component (Central Console, Cockpit Module, Dome Module, Door Panel, Interior Lighting and Others), By Region, By Company, Competition, Forecast & Opportunities, 2025
|Published by||TechSci Research||Product code||941909|
|Published||Content info||118 Pages
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|Global Automotive Interior Market By Vehicle Type (Passenger Cars, LCV and HCV), By Component (Central Console, Cockpit Module, Dome Module, Door Panel, Interior Lighting and Others), By Region, By Company, Competition, Forecast & Opportunities, 2025|
|Published: June 1, 2020||Content info: 118 Pages||
Global automotive interior market is expected to witness modest growth until 2025 on account of increasing safety concerns among consumers, rising number of technological advancements and surge in demand for luxurious vehicles. Moreover, surging demand for styling cabin interiors are further boosting market growth. Owing to the high production and high quality of the automotive components, the automotive interior market for passenger vehicles is anticipated to grow at the highest CAGR during the forecast period.
However, low vehicle sales due to COVID-19 is expected to negatively impact the market in 2020; but, growing demand for comfortable and luxurious interiors will drive the market through 2025.
Based on the component, the market has been segmented into central console, cockpit module, dome module, door panel, headliner & carpet, infotainment system, interior lighting and automotive seats. Due to the features, such as navigation and temperature display, among others, the market for infotainment systems is expected to grow at a robust pace until 2025.
In terms of regional analysis, Asia-Pacific is anticipated to acquire the leadership position during the forecast period due to the rising disposable income and increasing demand for vehicles across the major economies in the region.
Some of the major players operating in Global automotive interior Market are Faurecia S.A., Continental AG, Panasonic Corporation, Magna International, Inc., Delphi Automotive PLC, Hyundai Mobis Co. Ltd., Toyota Boshoku Corporation, Tachi-S Co. Ltd., Johnson Controls Inc., Lear Corporation, etc. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.
Years considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021-2025
Objective of the Study:
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service offerings, distribution channels and presence of all major manufacturers across the globe.
TechSci Research calculated the market size of global automotive interior market using a bottom-up approach, where data for various application across various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturer and partners, besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, global automotive interior market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Light Commercial vehicles
Heavy Commercial vehicles
Headliner & Carpet
Middle East and Africa
Company Profiles: Detailed analysis of the major companies present in global automotive interior market.
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Profit Margin Analysis