Press release
Global Automotive Headliner (OE) Market 2024 - By Growth Factors, Applications, Regional Analysis, Key Players And Forecast 2033
Global Automotive Headliner (OE) Market
The automotive headliner (oe) market size is expected to see strong growth in the next few years. It will grow to $16.26 billion in 2028 at a compound annual growth rate (CAGR) of 5.6%. The growth in the forecast period can be attributed to lightweight materials demand, electrification trends, integration of smart features, sustainability focus, adaptation to autonomous driving, global economic outlook. Major trends in the forecast period include advanced manufacturing technologies, customization and personalization, integration of smart technologies, regulatory compliance and safety standards, material innovation.
Market Overview -
Automotive headliner (OE) refers to a multi-layered material that covers the ceiling or roof lining of a vehicle to hide bare metal, wiring, and hardware. It is used to provide insulation against heat and noise.
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Luxury Car Sales Surge Fuels Expansion In The Automotive Headliner (OE) Market
The rise in sales of luxury cars is expected to propel the automotive headliner (OE) market growth going forward. Luxury cars refer to cars that are manufactured by luxury automakers with high-end performance capabilities, lavish interiors, and safety and technology features that are not available in lower-priced cars. Headliners are used in luxury cars for providing noise-proof interiors and aesthetic interior looks, so the rise in sales of luxury cars will help in the growth of the market. For instance, in 2021, according to BMW Group, a German-based manufacturer of performance luxury vehicles and motorcycles, global sales increased by 8.4% to 2,521,525 BMW, MINI, and Rolls-Royce brand vehicles. Further, BMW brand cars reported an all-time global sales high of 2,213,795 units in 2021. Therefore, the rise in sales of luxury cars is driving the growth of the automotive headliner (OE) market.
Competitive Landscape -
Major companies operating in the automotive headliner (oe) market report are Adient Plc, Atlas Roofing Corporation, Freudenberg Performance Materials Holding SE & Co. KG, Grupo Antolin S.A., Harodite Industries Inc., Howa-Tramico SA, IAC Group, Industrialesud S. p. A, Lear Corporation, Motus Integrated Technologies LLC, SMS Auto Fabrics Inc., Sage Automotive Interiors Inc., Toyota Boshoku Corporation, UGN Inc., Toray Plastics Inc., International Automotive Components Group LLC, Johns Manville Corporation, Borgers SE & Co.KGaA, Kasai Inc., Sumitomo Riko Company, Industrial Summit Technology Corporation, Nihon Tokushu Toryo Co. Ltd., Yanfeng Automotive Interiors, Hayashi Telempu Corporation, InterActiveCorp., Oracle Lighting Technologies, Glen Raven Inc., Cindus Corporation, IMR-Industrialesud Spa, Inteva Products LLC .
Pioneering Technological Solutions In The Automotive Headliner (OE) Market
Product innovation is a key trend gaining popularity in the automotive headliner (OE) market. Major companies operating in the automotive headliner (OE) market are focused on developing new technological solutions to strengthen their position. For instance, in November 2021, Grupo Antolin, a Spain-based manufacturer of interior car components, launched the industry's first ""Polyurethane (PU) Headliner Substrate"" by thermoforming PU foam. It is uniquely designed with a wet PU process that involves materials made from urban and post-consumer plastic waste and end-of-life tires. The headliner weight has been reduced by approximately 50%, and it has been introduced in a fully electric European premium car. The substrate is expected to reduce waste and energy consumption in manufacturing and meet the demand for eco-friendly interiors.
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Key Segments -
The automotive headliner (oe) market covered in this report is segmented -
1) By Product Type: Thermoplastic, Thermoset
2) By Material Type: Fabric, Foam Based, Suede Foam Based, Perforated Vinyl, Synthetic Backed Cloth, Composite
3) By Technology: Lighted, Conventional
4) By Vehicle Type: Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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