LONDON--(BUSINESS WIRE)--TechNavio, a global tech-focused research firm has published a new market research report on the Global Automotive Interiors Market 2014-2018, which is growing at a 2.97 percent CAGR from 2014-2018.
Automotive interiors add convenience, functionality, comfort and style to a vehicle. Vendors in the market are currently leveraging interior systems to gain an edge in the intensely competitive marketplace.
About the Report
The latest report by TechNavio pinpoints ongoing economic recovery as one of the major factors driving market growth. There has been renewed demand for automobiles in recent years, which has also increased the demand for interior systems. The report also highlights upcoming trends such as ambient lighting and interior surface decoration that are propelling market growth through the projected period.
“Ambient lighting was introduced in luxury vehicles in 2007 and has expanded to lower-cost models ever since,” says Faisal Ghaus, Vice President of TechNavio.
“The market is also witnessing a revolutionizing development in terms of materials and their sources. Consumers are increasingly aware of eco-friendly materials, and this has precipitated a shift towards greener materials for use in vehicle interiors.”
Key Information Covered in the Report:
- Market segmentation, size and forecast through 2018
-
Market Growth Drivers:
- Economic Recovery
- For a full detailed list, view our report.
-
Market Challenges:
- Rise in Cost of Raw Materials
- For a full detailed list, view our report.
-
Market Trends:
- Ambient Lighting
- For a full detailed list, view our report.
-
Key Vendors:
- Faurecia SA
- Hyundai Mobis Co. Ltd.
- Johnson Controls Inc.
-
Other Prominent Vendors:
- Autoliv
- Brose Group
- Dymos
TechNavio currently has more than 3000 market research reports on a huge range of topics, including 100+ reports on the automotive market:
- Global Automotive Alternator Market 2014-2018
- Global Automotive Lighting Market 2014-2018
- Global Automotive Automatic Transmission Market 2014-2018
- Global Automotive Logistics Market 2014-2018
If you are interested in more information, please contact our media team at media@technavio.com.
