Global Automotive Interior Component Market Research Report - Forecast to 2025
Published | 06 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
Regional Analysis
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.
Key Players
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).
Intended Audience
·
Distributer & Supplier companies
·
End Users
·
Consultants and Investment bankers
·
Government as well as Independent Regulatory
Authorities
Product Analysis
·
Product matrix which gives a detailed comparison
of the market for different recycled product types
·
Additional Information
·
Regulatory Landscape
·
Pricing Analysis
·
Macroeconomic Indicators
Geographic Analysis
• Geographical
analysis across 15 countries
Company Information
• 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
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