Automotive Interior Components Market Is Predicted To Reach USD 355.5 Billion By 2022
Global Automotive Interior Market Information Report by Components (infotainment, instrument cluster, telematics, flooring, automotive seats, door panel, interior lighting), by Vehicle Type (passenger vehicle and commercial vehicle), and by Regions – Forecast to 2022
Pune, India – July 13, 2017 /MarketersMedia/ —
Market Research Future published a cooked research report on global automotive interior Components market. The automotive interior Components market is expected to grow over the CAGR of around 7.07% during the period 2014 to 2022.
Market Highlights:
The growth of the automotive interior Components market is majorly driven by increased income levels of people in the Asia-Pacific region. The government initiatives combined with the booming automotive industry has resulted in the better automotive sales. The market is further driven by the growing competition between the manufacturers to produce high quality interiors and increase the comfort of passengers. However, the growth of this market can be restrained by the cost of the materials and the continuous research and development that is needed to update the technology.
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Key Players of Automotive Interior Components Market:
• 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)
• Faurecia S.A (France)
Market Research Analysis:
Increasing competition between global automobile manufacturers to manufacture high quality cars has increased the automobile interior market growth. The ability of the growing world population to afford automobiles is further increasing the market. Additionally, interiors of automobiles have gained prominence in recent years because of technological advancements in materials and affordability.
Asia-Pacific is expected to be the largest market for automobile interiors, due to countries such as China and India in the region. North America and Europe are further expected to contribute to the growth. There is an increasing requirement for high quality interiors, even in small category cars because of growing competition among the global car manufacturers. All these factors are contributing to the growth of the automobile interior market.
Scope of the Report:
This study provides an overview of the global automotive interior Components market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Global Automotive Interior Components market by its type, application, operational depth and regions.
By Components
• Infotainment
• Instrument Cluster
• Telematics
• Flooring
• Automotive Seat
• Door Panel
• Interior Lighting
By Vehicle Type
• Passenger Vehicle
• Commercial Vehicle
By Region
• North America
• Asia Pacific
• Europe
• Rest of the World
Brief TOC:
1 Introduction
1.1 Definition
1.2 Scope of the Study
1.3 Assumptions
1.4 Market Structure
2 Research Methodology
2.1 Research Process
2.2 Primary Research
2.3 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Dynamics
3.1 Drivers
3.1.1 Rising Income level of Individuals
3.1.2 Booming Automotive Industry
3.1.3 Cut throat competition in the Automotive Industry
3.2 Restraints
3.2.1 Capital Intensive Market
4 Market Factor Analysis
4.1 Supply Chain Analysis
4.2 Porter’s Five Forces Analysis
4.2.1 Threat of New Entrants
4.2.2 Bargaining Power of Suppliers
4.2.3 Bargaining Power of Buyers
4.2.4 Threat of Substitutes
4.2.5 Rivalry
Continue…
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Contact Info:
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Organization: Market Research Future
Address: Hadapsar, Pune
Phone: +1 646 845 9312
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Source: MarketersMedia
Release ID: 217110
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