Insights on the Automotive Interiors Global Market to 2027 - by Component, Material, Vehicle Type and Region - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Automotive Interiors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

The global automotive interiors market reached a value of US$ 144.22 billion in 2021. Looking forward, the market is projected to reach a value of US$ 197.73 billion by 2027, exhibiting a CAGR of 5.10% during 2022-2027.

Companies Mentioned

• Adient plc
• Continental AG
• Draxlmaier Group
• Grupo Antolin
• International Automotive Components Group (Lear Corporation)
• JVCKENWOOD Corporation
• KYOCERA Corporation
• Panasonic Corporation
• Pioneer Corporation
• Robert Bosch GmbH
• Toyota Boshoku Corporation
• Yanfeng Automotive Interior Systems Co. Ltd

Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Automotive interiors refer to a set of various integrated essential components that are designed for providing grip, ensuring comfort, and improving the aesthetic appeal and overall performance of the vehicles. They include headliners, door panels, cockpit modules, dashboards, and seats that are usually manufactured from varying materials, such as fabrics, rubber, composites, plastics, and wood.

Automobiles can be added with additional interior trims and upholstery adornments to enhance the quality, prevent stains, extend the life of the vehicle, and provide a superior feel to the interiors. Consequently, automotive interiors are extensively employed in passenger cars and commercial vehicles.

With the significant expansion in the automotive sector, there has been an increasing demand for luxurious vehicles with premium features and advanced safety arrangements. This can be attributed to the rising security concerns amongst consumers, inflating disposable incomes, rapid urbanization and changing preferences, specifically in the developing regions, which represents as the prime factor currently driving the market growth.

In line with this, the large-scale integration of various advanced technologies, such as artificial intelligence (AI)-enabled entertainment systems, hands-free connectivity, and global positioning systems (GPS) in automobiles to improve the driving experience is acting as another growth-inducing factor. This is further assists users to receive telephone calls, stream music through connecting mobile application and offer access to satellite radio on touchscreen dashboards.

Moreover, the widespread adoption of bio-based plastics, including bio-PET (polyethene terephthalate) and bio-polyester to design automobile interiors for reducing vehicular weight and ensuring flexibility, is contributing to the market growth. Other factors, such as the escalating trend of customization and extensive strategic collaborations amongst key players for introducing innovative automotive interior solutions to meet the evolving consumer needs, are creating a positive outlook for the market.

Key Questions Answered in This Report

• How has the global automotive interiors market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the global automotive interiors market?
• What are the key regional markets?
• What is the breakup of the market based on the component?
• What is the breakup of the market based on the material?
• What is the breakup of the market based on the vehicle type?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global automotive interiors market and who are the key players?
• What is the degree of competition in the industry?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Automotive Interiors Market

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Forecast

6 Market Breakup by Component

7 Market Breakup by Material

8 Market Breakup by Vehicle Type

9 Market Breakup by Region

10 SWOT Analysis

11 Value Chain Analysis

12 Porters Five Forces Analysis

13 Price Analysis

14 Competitive Landscape

14.1 Market Structure

14.2 Key Players

14.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/75etgl