|05-14-2018 08:25 AM CET - Industry, Real Estate & Construction||
Global Automotive Headliners Market Proposals & Trends Leading to 7.4% CAGR Growth during 2017-2026
Press release from: Fact.MR
A freshly compiled business intelligent report, titled “Automotive Headliners Market Forecast, Trend Analysis & Competition Tracking - Global Review 2017 to 2026” has been publicized to the vast archive of Fact.MR online repository. This _ page study delivers all the vital details and information required to know about “Automotive Headliners” market current as well as future prospects. The analysts of the study have gone through extensive research methodologies in order to generate data and information that reflects the latest market undercurrents and industry trends. For a deeper understanding of the market, a sub-category level analysis has been elaborated, by which readers and investors of the report will able to know that where the market stands to gain.
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Competitive advantage of equipping automobiles with utmost range of convenience has driven the sales growth for leading automakers across the globe. Manufacturers of automobiles are actively adopting parts such as headliners in the production of vehicles. The demand for automotive headliners continues to gain traction as these parts have been thoroughly integrated in the production of every automobile hitting the roads. New materials are being used in the production of automotive headliners to increase their stiffness and reduce their weights. The key role of automotive headliners in performance and fuel efficiency of vehicles will instrument their growing demand in the foreseeable future.
According to Fact.MR’s recently published forecast study, the global market for automotive headliners will reflect healthy expansion during the forecast period, 2017-2026. Over the forecast period, the global automotive headliners market is poised to expand at a volume CAGR of 6.9%. The report further projects that by the end of 2026, more than US$ 46 Bn worth of automotive headliners will be sold globally.
Automotive headliners were initially designed for simply covering the roof structure and sheet metal of vehicles, meanwhile improving their interior aesthetics. As consumer demand for style, comfort and safety witnessed a surge, automotive headliners have experienced evolution to incorporate new aspects such as wiring, ducting vents, overhead console, coat hooks, grab handles and sun visors. With more and more parts being integrated into automotive headliners, its market is witnessing a rise accordingly. One of the latest trend being observed in the automotive industry is smart cabin innovations. Automotive vehicle interior designs and technologies have advanced significantly over the recent past across all vehicle segments, ranging from passenger cars to luxury vehicles. Adoption of low-quality & hard plastics or polymers for production of automotive parts such as headliners is being eliminated, to be replaced by advanced and eco-friendly materials, as interior designing is becoming the cornerstone among vehicle designers & manufacturers.
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Although OEM will continue to be the leading sales channel for automotive headliners, sales in aftermarket are projected to reflect a relatively faster expansion, in terms of value, through 2026. Based on headliner type, hardtop headliners will remain preferred among customers across the globe, with revenues poised to account for approximately three-fifth share of the market by 2026-end.
Foam-backed cloth is anticipated to remain sought-after among materials for automotive headliner production, with revenues forecast to reach approximately US$ 20,000,000 Mn by 2026-end. Cotton-napped cloth will also prevail as a lucrative material for production of automotive headliners, in terms of value.
Globalization of vehicle development platforms is expected to remain key focus area among automotive manufacturers. OEMs are increasing adopting general vehicle design platforms for developing multiple products that include automotive headliners, and targeting different vehicle segments and customers. Key market players identified by Fact.MR’s report include IAC Group, Toyota Boshoku Corp, Glen Raven, Johns Manville, American Foam & Fabric, Lear Corporation, Harodite Industries, Cindus Corp, Sage Automotive Interiors, and Grupo Antolin.
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Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Automotive Market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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