The major players in the automotive interior market are Adient plc, Calsonic Kansei Corporation, Faurecia SE, Hyundai Mobis, Lear Corporation, Robert Bosch GmbH, Visteon Corporation, Yanfeng Automotive Interior Systems Co.
New York, Sept. 14, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the Automotive Interior Global Market Report 2022 – https://www.reportlinker.com/p06319515/?utm_source=GNW
Ltd., Toyoda Gosei Co. Ltd., Denso Corporation, ContiTech AG, Takata Corporation, Sage Automotive Interiors, SMS Auto Fabrics, Tachi-S Co. Ltd., Continental, Marelli and Motherson Sumi Systems Limited (MSSL).
The global automotive interior market is expected to grow from $122.56 billion in 2021 to $133.78 billion in 2022 at a compound annual growth rate (CAGR) of 9.2%. The automotive interior market is expected to reach $167.90 billion in 2026 with a CAGR of 5.8%.
The automotive interiors market includes sales of automotive interiors by entities (organizations, independent dealers and partnerships) that are used to provide a comfortable seating experience for vehicle passengers. Automotive interiors refer to the assembly of all the components of the car while maintaining its aesthetics and comfort.
It plays a vital role in the performance, aesthetics, and upgradability of vehicles, which include the infotainment system, body panels, dashboards, and others.
The main types of vehicles in the automotive interior are passenger cars and commercial vehicles. A passenger car refers to a motorized road vehicle, which is intended for transporting passengers from one place to another. Automotive interiors are designed for passenger comfort and safety.
The various components include an infotainment system, dashboards, interior lighting, body panels and others. Different applications include dashboard, seats, airbags and seat belts, door panel and trim, carpet and headliner.
Asia-Pacific was the largest region in the automotive interior market in 2021. Asia-Pacific is expected to be the fastest growing region during the forecast period.
Regions covered in Automotive Interior market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The Automotive Interior Market research report is one of a series of new reports that provide statistics on the Automotive Interior market, including the global market size of the Automotive Interior industry , regional shares, competitors holding Automotive Interior market share, detailed Automotive Interior market segments, market trends and opportunities. , and any other data you may need to thrive in the automotive interior industry. This Automotive Interior Market research report provides a comprehensive perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The growing demand for luxury vehicles is expected to propel the growth of the automotive interior market in the future. Luxury vehicles refer to a vehicle with premium features that go beyond the usual necessities.
These vehicles have more luxurious interiors, higher performance capabilities, and the latest safety and technological features through the use of automotive interiors. For example, according to the Federation of Automobile Dealers Association, an automobile association based in India, for the year 2021, 24,009 luxury cars were sold in India over a 12-month period, which rose to 45% of sales compared to 2020.
Additionally, Italian automaker Lamborghini also recorded a 142% year-on-year growth in India. Hence, an increase in the demand for luxury vehicles is driving the growth of the automotive interior market.
The easy return seat feature has become the key trend gaining popularity in the automotive interior market. Major companies operating in the automotive interiors market are introducing new products to maintain their position in the market.
For example, in February 2020, Toyota Boshoku Corporation, an automotive component manufacturer based in Japan, developed an easy-return driver’s seat feature that provides a comfortable ride for small passengers. This makes it easy to adjust the seat position each time they get in and out of the vehicle. headquarters.
This seat feature is available in their newest model, the Toyota Yaris.
In March 2021, Lear Corporation, an American company that manufactures automotive seats and automotive electrical systems, acquired M&N Plastics Company for an undisclosed amount. This acquisition should exceed customer expectations and produce complex parts for electrical distribution, including – voltage wiring harnesses and power electronics.
M&N Plastics Company is an American manufacturer of custom plastic injection molding products and a manufacturer of engineering plastic components for automotive electrical distribution applications.
The countries covered in the Automotive Interior market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea , the United Kingdom and the United States.
Read the full report: https://www.reportlinker.com/p06319515/?utm_source=GNW
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.
CONTACT: Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001