Automotive Interiors Market by Vehicle (Passenger, LCV, HCV) and Component (Infotainment, Instrument cluster, Telematics, Flooring, Door Panel, Automotive Seat, Interior Lighting)

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.

Access full summary at: https://www.alliedmarketresearch.com/automotive-interiors-market

Cockpit module, flooring, door panel, automotive seat, interior lighting, acoustic, and sun visors among others are the key components of a vehicles interior. Among these, automotive seat is the largest revenue contributor, anticipated to account for over 40% of the total market revenue, throughout the forecast period. The rising demand of luxurious seating systems is fostering the market growth for automotive seats.

Cockpit module, which encompasses audio systems, infotainment, instrument cluster, telematics and others, would be the second highest revenue-generator throughout the analysis period. Interior lighting is anticipated to be the most lucrative segment in terms of growth, with an anticipated CAGR of 10.4% from 2016-2022. The growth is attributable to the technological advancements in LED lights and increasing trend of interior lighting customization among the buyers.

Get the PDF: https://www.alliedmarketresearch.com/request-sample/1426

Based on geography, Asia-Pacific dominated the automotive interiors market accounting for over 37% share in 2015, in terms of revenue, owing to lower transportation and labor costs, and easy availability of raw materials.

The leading players in the automotive interiors market have adopted strategies such as collaborations, product launch, agreement & acquisitions to expand their market presence. The key companies profiled include Grupo Antolin, Faurecia S.A., Johnson Controls Inc., Calsonic Kansei Corp., Visteon Corporation, Lear Corporation, Delphi Automotive Plc., Hyundai Mobis Company, Ltd, Magna International Inc. and International Automotive Components Group S.A. (IAC).

KEY BENEFITS

• The report includes an in-depth analysis of the automotive interior components market, including current trends, drivers, restraints, and growth opportunities.
• Porter’s Five Forces model illustrates the potency of buyers and sellers, which is likely to help the market players to adopt effective strategies.
• Value chain analysis provides a clear understanding of the roles of different stakeholders involved. Key market players are profiled to gain an understanding of the strategies adopted by them.
• This report provides a detailed analysis of the current trends and future estimations for 2016 to 2022, which assist in identifying the prevailing market opportunities.

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
Shriram Dighe
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1?855?550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.