World Automotive Interiors Market Opportunities and Forecasts,2015 - 2022
Introduction to Automotive Interiors Market
Automotive Interiors Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $236.2 billion by 2022, registering a CAGR of 6.5% during the forecast period 2016-2022. Asia-Pacific is the leading market of automotive interiors, followed by Europe. Factors such as increasing preference of consumers towards attractive and comfortable interiors coupled with the rising disposable income have
resulted in the overall increase in demand for vehicles equipped with superior quality interiors.
Current and Future Scenario
• Global automotive interiors market is expected to garner $236.2 billion by 2022 • Automotive interiors market registering a CAGR of 6.5% during the forecast period 20162022 • Asia-Pacific is the leading market of automotive interiors, followed by Europe. • Interior lighting is anticipated to be the most lucrative segment in terms of growth, with an anticipated CAGR of 10.4% from 2016-2022.
Key Findings
• LAMEA would region is likely to be one of the fastest growing markets, in terms of revenue, with an anticipated CAGR of around 7.1%, from 2016 to 2022. • The automotive seat segment is expected to maintain its prominent foothold in the market throughout the forecast period. However, interior lighting is estimated to be the fastest growing segment. • The passenger car segment accounted for more than two-thirds of the market share in 2015 and is anticipated to maintain its share throughout the analysis period.
Automotive Interiors Market By Segments
Market Key Segments
By Components
By Vehicle Type
By Geography
Automotive Interiors Market By Vehicle Type
By Vehicle Type
Passenger Car
Commercial vehicles
Light Commercial Vehicle
Heavy Commercial Vehicle
Automotive Interiors Market By Components
Cockpit Module
Flooring Door Panel By Components Automotive Seat Interior Lighting Sun Visors, Headliner, Overhead and Acoustic Systems
Automotive Interiors Market By Geography
North America, Europe, Asia Pacific, LAMEA
Leading Players
Key players that operate in the automotive interior market are –
• • • • • • • • •
Grupo Antolin, Faurecia Interior System, Johnson Controls, Calsonic Kansei Corp., Visteon, Lear Corporation, Delphi Automotive LLP, Hyundai Mobis Company, Ltd, TACHI-S CO., LTD. and IAC Group.
Prominent players operating in the automotive interior market adopt strategies such as acquisition, partnership, expansion, and product launch to increase their geographical presence and strengthen their market share.
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