Automotive Soft Dashboard Market Emerging Trends and Top Key Vendors to Watch-Solvay, European Plasticisers, and Transcal in 2018-2026
Rise in demand for automation, ergonomic comfort, and focus on weight reduction by car manufacturers is anticipated to drive the market during the forecast period. Increase in requirement for comfort and ergonomics of interiors and scratch-resistant dashboard materials is expected to boost the demand for soft dashboard during the forecast period. Furthermore, emergence of top high-end vehicles across the globe is anticipated to create opportunities in the automotive soft dashboard market during the forecast period. Continuous changes in automotive interior, tough competition among OEMs, and high demand for quality interiors from consumers are projected to increase the demand for automotive soft dashboard during the forecast period.
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The automotive soft dashboard market can be segmented based on material, vehicle type, sales channel, and region. In terms of material, the automotive soft dashboard market can be segregated into polyurethane, PVC (Poly Vinyl Chloride), and others. The PVC segment is likely to expand at a significant pace owing its advantages and cost-effectiveness. PVC blended with ABS (acrylonitrile, butadiene, and styrene) provides additional properties, which enhance the quality of the dashboard.
Based on vehicle type, the automotive soft dashboard market can be divided into passenger vehicles, commercial vehicles, and electric vehicles. Surge in demand for premium vehicles is anticipated to boost the automotive soft dashboard market during the forecast period. Increase in production of passenger vehicles and rise in adoption of electric vehicles across the globe are likely to drive the automotive soft dashboard market during the forecast period.
In terms of sales channel, the automotive soft dashboard market can be categorized into aftermarket and OEMs. The OEM segment is anticipated to hold a major share of the market by 2026. OEMs provide high-quality materials, long life span, use technologically advanced manufacturing processes, and service options. This, in turn, is projected to boost the automotive soft dashboard market during the forecast period.
In terms of region, the automotive soft dashboard market can be classified into North America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is anticipated to hold major share of the automotive soft dashboard market due to the presence of large automotive hubs in India, China, Japan, and South Korea. High production of premium vehicles in the region, availability of thermoplastics materials, and OEM focus on providing attractive interiors are expected to propel the automotive soft dashboard market during the forecast period. Increase in sales of premium vehicle and presence of major auto manufacturers in Asia Pacific are anticipated to boost the demand for soft dashboard during the forecast period.
Key players operating in the automotive soft dashboard market include Solvay, SAS Autosystemtechnik Verwaltungs GmbH, European Plasticisers, and Transcal.
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
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The report provides the following information:
Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies
The main aim of the report is to:
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Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution
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