The Future of Automotive Cockpits: Market Insights (2023-2029)
Automotive Interior Market size was valued at USD 156.80 Bn. in 2022 and the total revenue is expected to grow at 5.7% of (CAGR) from 2023 to 2029, reaching USD 231.14 Bn.
Automotive Interior Market Scope:
The market statistics and information were obtained from credible sources such as websites, annual reports of businesses, journals, and others, and were examined and validated by industry professionals.
Automotive Interior Market Overview:
The primary goal of this research is to assist the user in understanding the Automotive Interior Market in terms of definition, segmentation, market potential, significant trends, and the problems that the Automotive Interior industry faces in key regions and nations. The market statistics and information were obtained from credible sources such as websites, annual reports of businesses, journals, and others, and were examined and validated by industry professionals.
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Automotive Interior Market Segmentation:
Seats are a necessary part of every passenger or commercial vehicle, and during the forecast period, the seat segment is anticipated to dominate the automotive interior market. Rising vehicle production and rising consumer demand for comfort and luxury are the two main factors propelling the growth of this industry. The experience of the driver and passengers depends greatly on the seat.
Technologies that enable intelligent seating adjustment, adaptable comfort, and numerous other characteristics have been made available by new enterprises. For seat covers, Faurecia, for instance, created Cover Carving Technology. The Renault Talisman sedan uses this technology, which gives the rear passengers 3 cm additional knee room. Another cutting-edge technology is the Active Wellness 2.0 seat concept by Faurecia. A wide range of biological and behavioral information is gathered by this technology, including heart rate, breathing rate, humidity, blinking, head tilting, and facial expressions. It allows the seat to actively combat tension and tiredness by detecting the physical and mental states of the driver and other passengers.
According to material type, the glass fiber composite sector is anticipated to have the largest market throughout the projection period. Numerous interior automobile uses, such as doors, dashboards, headliners, and insulation, frequently use it. High impact resistance, low cost, decreased brittleness, and lightweight are just a few of its many benefits. Additionally, it is simple to mold into any shape. Glass Fiber is a type of plastic composite or fiber-reinforced plastic that has tiny glass fibers woven throughout. This is created by melting glass and then passing it through incredibly small holes. This results in the creation of micron-sized glass filaments. Instrument and door panels frequently contain glass fiber composite.These glass Fiber items are inexpensive and light-weight alternatives for rising industry demands.
According to the degree of autonomy, as autonomous vehicles gain popularity, there will be a larger requirement than in conventional vehicles for integrating advanced technologies, which will increase demand for modern automotive interior technologies. Autonomous vehicles' interiors must be constructed to facilitate the switch to a driverless mode. Nissan anticipated that by 2030, assuming no such vehicles are commercially released, there will be a penetration of this sort of car of close to 15%. Audi, Ford, Toyota, BMW, Mercedes-Benz, and Volkswagen are also making investments in this field.
There are now more automobiles on the road that operate partially autonomously. Concept vehicles with cutting-edge technologies and innovative designs will feature more automotive interior applications.
Automotive Interior Market Size and Forecast, by Component (2022-2029)
1. Center Stack
2. Head-Up Display
3. Instrument Cluster
4. Rear Seat Entertainment
5. Dome Module
6. Headliner
7. Seat
8. Interior Lighting
9. Door Panel
Automotive Interior Market Size and Forecast, by Material (2022-2029)
1. Leather
2. Fabric
3. Vinyl
4. Wood
5. Glass Fiber Composite
6. Carbon Fiber Composite
7. Metal
Automotive Interior Market Size and Forecast, by the level of autonomy (2022-2029)
3. Semi-Autonomous
3. Autonomous
3. Non-autonomous
Automotive Interior Market Size and Forecast, by Region (2022-2029)
1. North America
2. Europe
3. Asia Pacific
4. Middle East and Africa
5. South America
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Automotive Interior Market Key Players: The study discusses the key market players who are engaged in the industry, such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors, and so on. The key players in the Automotive Interior market are
1. ContiTech AG (Germany)
2. Brose Fahrzeugteile (Germany)
3. Continental AG (Germany)
4. Hella (Germany)
5. ZF Friedrichshafen (Germany)
6. DraxlmaierGroup (Germany)
7. Seiren Co., Ltd. (Germany)
8. Benecke-Kaliko AG (Germany)
9. Suzuki (Japan)
10. Toyoda Gosei Co., Ltd. (Japan)
11. Calsonic KenseiCorporation (Japan)
12. Takata Corporation (Japan)
13. Toyota Boshoku Corporation (Japan)
14. NHK Spring Co., Ltd. (Japan)
15. TS Tech Co., Ltd. (Japan)
16. Tachi-S Co., Ltd. (Japan)
17. Aisin Seiki Co., Ltd. (Japan)
18. GrupoAntolin (Spain)
19. Hyundai Mobis Co. Ltd. (South Korea)
20. Sage Automotive Interiors, Inc. (US)
21. SMS Auto Fabrics (US)
22. Lear Corporation (US)
23. GST AutoLeather, Inc. (US)
24. Magna International Inc. (Canada)
25. Guelph Manufacturing Group (Canada)
26. TATA Group (India)
27. Mahindra & Mahindra Ltd. (India)
28. Faurecia S.A. (France)
29. Yanfeng Automotive Trim Systems (China)
30. WOLLSDORF LEDER SCHMIDT & Co. G (Austria)
31. Adient PLC (Ireland)
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Regional Analysis:
The report focuses on Global Regions and Market Size of Automotive Interior, and development forecast 2021-2027, including industries, major players, suppliers worldwide, and market share by regions, with company and product introduction, position in the market including their market status and development trend by types and applications, which will provide its price and profit status, and marketing status, with 2020 as the base year.
COVID-19 Impact Analysis on Automotive Interior Market:
The report discusses the impact of COVID-19: Since the breakout of the COVID-19 virus in December 2019, the disease has spread to practically every country on the planet, prompting the WHO to declare it a public health crisis. The worldwide effects of the coronavirus epidemic are already being noticed, and they will have a considerable influence on the Automotive Interior industry in 2021.
Key Questions Answered in the Automotive Interior Market Report are:
- What is the function of Automotive Interior?
- What is the predicted revenue generation of the Automotive Interior market?
- At what growth rate is the Automotive Interior market evolving?
- Who are the major market giants operating in the Automotive Interior market?
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