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Motor Vehicle Seating And Interior Trim Market Report 2024 - Market Size, Growth Rate, Major Drivers And Key Trends | ContiTech AG, Magna International Inc., Hyundai Mobis Co. Ltd., Faurecia S.A., Tata Group
Motor Vehicle Seating And Interior Trim Global Market Report
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the Motor Vehicle Seating And Interior Trim industry. This report on Motor Vehicle Seating And Interior Trim market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The motor vehicle seating and interior trim market size has grown strongly in recent years. It will grow from $210.93 billion in 2023 to $230.53 billion in 2024 at a compound annual growth rate (CAGR) of 9.3%. The growth in the historic period can be attributed to rise of the automobile industry, mass production and standardization, consumer demand for comfort, safety regulations, .
The motor vehicle seating and interior trim market size is expected to see strong growth in the next few years. It will grow to $327.6 billion in 2028 at a compound annual growth rate (CAGR) of 9.2%.
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Key Market Players:
ContiTech AG, Magna International Inc., Hyundai Mobis Co. Ltd., Faurecia S.A., Tata Group, Toyoda Gosei Co. Ltd., Adient plc (formerly Johnson Controls International plc), Constellium SE, Aunde Group SE, International Textile Group Inc., Lear Corporation, Sage Automotive Interiors Inc., Delphi Technologies LLC, International Automotive Components Group North America LLC, Katzkin Leather Inc., Hyosung Corporation, Woodbridge Holdings Inc., Futuris Automotive Inc., Air Cruisers Company LLC, Technotrim Inc., Transportation Technologies Industries Inc., Yanfeng US Automotive Interior Systems I LLC, Nishikawa Rubber Co. Ltd., Dura Automotive Systems LLC, SaarGummi Group GmbH, Qinghe Huifeng Auto Fittings Co. Ltd., Wuhan Mingfeng Automotive Parts Co. Ltd., GST AutoLeather Inc.
Market Drivers:
According to the Motor Vehicle Seating And Interior Trim Market Report 2024 by The Business Research Company, the key factors driving the growth of the motor vehicle seat and the interior trim market are driven by the increasing popularity of sport utility vehicle (SUV) cars. SUV cars are preferred owing to their comfortable seating and exquisite interior trim. The demand for SUVs and other luxurious cars increases the demand for improved and more aesthetically appealing vehicle seating and interior trim.
More information about the Global Motor Vehicle Seating And Interior Trim Market Report -
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Market segments for Motor Vehicle Seating And Interior Trim include:
1) By Type: Motor Vehicle Seating, Motor Vehicle Interior Trim
2) By Trim Material: Genuine Leather, Synthetic Leather, Fabrics, Polyurethane Foam
3) By Vehicle: Passenger Vehicle, Commercial Vehicle
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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