Global Automotive Interior Component Market Research Report - Forecast to 2025
Published | July 2019
According to the Blueweave Consulting, The Automotive Industry is estimated to reach USD XX.X Billion by 2025, with a growth rate of X.XX%. The Automotive Industry is one of the most competitive industries globally and automotive interior industry has seen incredible changes in the last few years with the dawn of innovative technology and unconventional designing catered to boost the comfort, safety, and driving factors.
The Automotive Interior Components market significantly aids from the intense competition in the automotive industry. Automotive Interior Components have multiplied its significance in recent times and with makers pushing high end interiors in entry level automobiles. Furthermore, the market is projected to be driven by the increasing level of income of individuals Upsurge in demand for premium segment vehicles coupled with advanced styling and growing demand for cabin comfort and convenience led to the growth of this market.
On the basis of components, the automotive seat segment is projected to record the major share in the automotive interior market in terms of value owing to the rising disposable income, growing need for coziness and convenience.
The Passenger Vehicle dominates the vehicle type segment and likely to maintain its dominance over the forecast period, in terms of value. The quality of automotive interior components being apparent by the consumer is much advanced in circumstance of PVs in contrast with commercial vehicles. In general, consumers are willing to spend more on vehicles for personal usage than commercial use.
The income level of individuals in recent past has been steadily increasing resulting in more disposable income among individuals. With disposable income rising among individuals there exists scope of increasing expenditure across various industries such as automotive industry. Increasing incidence of customization in automobiles such as interior lighting systems, instrument cluster telematics and audio systems among others has been steadily pushing the Automotive Interior Components market gradually. With the currently booming automotive industry combined with steadily increasing disposable income is expected to contribute towards significant growth of the Automotive Interior Components market. The market Study Objectives of Global Automotive Interior components market
To provide detailed analysis of the market structure along with forecast for the next five years of the various segments and sub-segments of the global automotive interior components market
· To provide insights about factors affecting the market growth
· To analyze the global automotive interior components market based on various tools such as Supply Chain Analysis, and Porter’s Five Force Analysis
· To provide historical and forecast revenue of the market segments and sub-segments with respect to regions and their respective key countries
· To provide country level analysis of the market with respect to the current market size and future prospective
· To provide country level analysis of the market for segments by material vehicle type, components and region
· To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
· To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the automotive interior components market
Automotive Interior Components
The growth of the Asia-Pacific region can be attributed to the increase in adoption of passenger cars and therefore, the increase in adoption of automotive interior components in the passenger cars. The recent shift in the preference from mileage to vehicle looks and features is also expected to result in the high demand for Automotive Interior Components. The global automotive interior components market is also expected to grow during the forecast period owing to increasing population, rapid industrialization and aggressive expansion of manufacturing sector.
The key players of global automotive interior components markets are Toyoda Gosei Co. Ltd (Japan), Toyota Boshoku Corporation (Japan), Lear Corporation (U.S), NTF India Pvt Ltd (India), Sage Automotive Interiors. Inc (U.S), BASF Automotive Solutions (Germany), and Faurecia S.A (France).
· Distributer & Supplier companies
· End Users
· Consultants and Investment bankers
· Government as well as Independent Regulatory Authorities
· Product matrix which gives a detailed comparison of the market for different recycled product types
· Additional Information
· Regulatory Landscape
· Pricing Analysis
· Macroeconomic Indicators
• Geographical analysis across 15 countries
• Profiling of 10 key market players
• In-depth analysis including SWOT analysis, and strategy information of related to report title
Competitive landscape including emerging trends adopted by major companies