January 25, 2021


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Automotive Interior Market by Component, Material, Autonomous Driving, Electric Vehicle, Vehicle Type and Region – Global Forecast to 2025

(MENAFN – PR Newswire) DUBLIN, Nov. 24, 2020 /PRNewswire/ — The “Automotive Interior Market by Component (Seat, Interior Lighting), Material (Glass Composite, Carbon Composite, Metal, Vinyl, Fabric), Autonomous Driving (Semi-autonomous, Autonomous), Electric Vehicle, Vehicle Type and Region – Global Forecast to 2025” report has been added to ResearchAndMarkets.com’s offering.

The global automotive interior market is estimated to grow at a CAGR of 4.5% during the forecast period, from USD 123.2 billion in 2020 to USD 153.8 billion by 2025.

The automotive industry is continuously evolving, with an increasing focus on semi-autonomous and autonomous vehicle technologies. Several vehicle manufacturers have showcased their new concept cars with autonomous and connected car technologies. These cars, with their advanced technologies and radical designs, are expected to hit the market soon. The interiors in these cars need to provide comfort and convenience and should have the latest technology incorporated. The increasing demand for advanced automotive interior solutions and systems can be attributed to advances in semi-autonomous and autonomous technologies.

BEV segment is projected to be the fastest growing electric vehicle during the forecast period.

The demand for BEVs is expected to increase in the coming years due to an increase in the adoption of strict emission norms by governments of various countries. Several governments now provide subsidies for the use of environment-friendly vehicles, thereby encouraging the use of electric vehicles. Stringent emission regulations in the US, particularly in states such as California and New York, have led to increased sales of electric vehicles. Electric vehicles tend to have a higher number of electronics/advanced systems.

Thus, the growing number of electric vehicles will result in an increased demand for advanced automotive interior systems. In Europe, the market for BEVs is estimated to grow due to emission regulation mandates and development of electric vehicle infrastructure. OEMs are also expanding their manufacturing facilities worldwide to increase the production of electric vehicles. For instance, in August 2017, Tesla announced its plan to raise USD 1.5 billion to fund the development of its cheapest electric car, which proves the aggressiveness of manufacturers in the market.

The passenger car segment is estimated to be the largest automotive interior market, by vehicle

The passenger car segment is projected to have the largest share of the automotive interior market during the forecast period. The increasing purchasing power of consumers, growing sales of semi-luxury & luxury vehicles, and high demand for convenience features are expected to boost the passenger car segment. The advent of semi-autonomous and autonomous vehicles is also attributed to the overall growth of the market. Passenger vehicles are the most focused segment for automotive interior manufacturers.

The technologies used in this type of vehicle are frequently changing due to the high demand from consumers for luxurious and convenience features. Also, government regulations for emissions and safety are frequently changing. The manufacturers must reduce the weight of passenger vehicles and offer comfort and safety to the consumers at a lower price. Due to the increasing demand for autonomous and electric vehicles, the electronic content is frequently increasing in passenger vehicle interiors, which, in turn, is driving the growth of the passenger vehicle interior market.

Europe automotive interior market is projected to grow at a significant rate during the forecast period.

The major growth drivers for the European automotive interior market include the growing demand for technology, the rising need for a safe and secure driving experience, and an increase in the development of connected cars.

Significant demand for high-end premium vehicles with advanced interior features and technologies such as HUD, powered & heated seats with massage function, center stack, rear-seat entertainment, and interior/ambient lighting are fuelling the growth in the region. Also, the region has the presence of renowned automotive interior component providers, such as Continental, Grupo Antolin, Faurecia, and Robert Bosch GmbH are the major players in this region. The presence of major automobile manufacturers, combined with technological prowess, would result in a significant rise in the demand for advanced interior systems and components in Europe.

Key Topics Covered:

1 Introduction

2 Research Methodology 3 Executive Summary 4 Premium Insights 4.1 Automotive Interior Market to Grow at Significant Rate During Forecast Period (2020-2025)4.2 Asia-Pacific Estimated to Lead Automotive Interior Market in 20204.3 Automotive Interior Market, by Component4.4 Automotive Interior Market, by Material4.5 Automotive Interior Market, by Autonomous Driving4.6 Automotive Interior Market, by Electric Vehicle4.7 Automotive Interior Market, by Ice Vehicle Type 5 Market Overview 5.1 Introduction5.2 Market Dynamics5.2.1 Drivers5.2.1.1 Increasing Customer Preference Toward Convenience, Premium Features, and Advanced Safety5.2.1.2 Substantial Production and Sales Volumes of Vehicles Across the World5.2.1.3 Use of Variety of Lightweight & Advanced Materials and Innovative Finish5.2.1.4 Integration of Smartphone Connectivity5.2.2 Restraints5.2.2.1 High Cost Involved; and Volatility in Raw Material Costs5.2.2.2 Significant Power Consumption in Automotive Interior Electronics5.2.3 Opportunities5.2.3.1 Much Anticipated Growth of Electric Vehicles5.2.3.2 Rising Trend of Semi-Autonomous & Autonomous Vehicles5.2.3.3 Growing Trend of Interior Customization in Premium Vehicles and Interior Styling5.2.3.4 Advanced Lightweight Mechanism for Automotive Seats5.2.4 Challenges5.2.4.1 Long Production Cycle Time5.2.5 Impact of Market Dynamics5.3 Porter’s Five Forces5.4 Pricing Analysis5.5 Supply Chain Analysis5.6 Ecosystem5.7 Technology Analysis5.7.1 Introduction5.7.2 Polycarbonate Material Usage5.7.3 Door Panels5.7.4 Power Drive Seating Unit5.7.5 Smart Glass5.8 Patent Analysis5.9 Case Study5.10 Trade Data (Vehicle Export and Import Data of Key Markets)5.10.1 Europe (Germany and Sweden)5.10.2 Japan5.10.3 China5.10.4 US5.11 Regulatory Overview 6 COVID-19 Impact 6.1 Introduction to COVID-196.2 COVID-19 Health Assessment6.3 COVID-19 Economic Assessment6.3.1 COVID-19 Economic Impact – Scenario Assessment6.3.2 Impact on Automotive Interior Market6.4 Automotive Interior Market, Scenarios (2020-2025)6.4.1 Most Likely Scenario6.4.2 Optimistic Scenario6.4.3 Pessimistic Scenario 7 Automotive Interior Market, by Component 7.1 Introduction7.2 Operational Data7.2.1 Assumptions7.2.2 Research Methodology7.3 Center Stack7.4 Head-Up Display7.5 Instrument Cluster7.6 Rear Seat Entertainment7.7 Dome Module7.8 Headliner7.9 Seat7.9.1 Automotive Seat Technologies7.9.1.1 Standard Seat7.9.1.2 Powered Seat7.9.1.3 Heated & Powered Seat7.9.1.4 Heated Seat7.9.1.5 Heated & Memory Seat7.9.1.6 Heated & Ventilated Seat7.9.1.7 Heated & Ventilated & Memory Seat7.9.1.8 Powered & Heated & Ventilated & Memory & Massage Seat7.10 Interior Lighting7.10.1 Automotive Lighting Applications7.10.1.1 Dashboard Light7.10.1.2 Glove Box Light7.10.1.3 Reading Light7.10.1.4 Dome Light7.10.1.5 Rear View Mirror Interior Light7.10.1.6 Engine Compartment Light7.10.1.7 Passenger Area Light7.10.1.8 Driver Area Light7.10.1.9 Footwell Light7.11 Door Panel7.12 Others7.13 Adhesives & Tapes7.14 Key Industry Insights 8 Automotive Interior Market, by Material 8.1 Introduction8.2 Operational Data8.2.1 Assumptions8.2.2 Research Methodology8.3 Leather8.4 Fabric8.5 Vinyl8.6 Wood8.7 Glass Fiber Composite8.8 Carbon Fiber Composite8.9 Metal8.10 Key Industry Insights 9 Automotive Interior Market, by Autonomous Driving 9.1 Introduction9.2 Operational Data9.2.1 Assumptions9.2.2 Research Methodology9.3 Semi-AutonomoUS9.4 AutonomoUS9.5 Key Industry Insights 10 Automotive Interior Market, by Electric Vehicle Type 10.1 Introduction10.2 Operational Data10.2.1 Assumptions10.2.2 Research Methodology10.3 Bev10.4 FCEV10.5 Hev10.6 Phev10.7 Key Industry Insights 11 Automotive Interior Market, by Ice Vehicle Type 11.1 Introduction11.2 Operational Data11.2.1 Assumptions11.2.2 Research Methodology11.3 Passenger Car11.4 Light Commercial Vehicle (Lcv)11.5 Heavy Commercial Vehicle (Hcv)11.6 Key Industry Insights 12 Automotive Interior Market, by Region 12.1 Introduction12.2 Asia-Pacific12.3 North America12.4 Europe12.5 Rest of the World (Row) 13 Competitive Landscape 13.1 Market Evaluation Framework13.2 Overview13.3 Market Share Analysis for Automotive Interior Market13.4 Ranking Analysis for Automotive Interior Market13.5 Market Evaluation Framework: Revenue Analysis of Top Listed/Public Players13.6 COVID-19 Impact on Automotive Interior Companies13.7 Competitive Scenario13.7.1 Collaborations/Joint Ventures/Supply Contracts/ Partnerships/Agreements13.7.2 New Product Developments13.7.3 Mergers & Acquisitions, 2017-202013.7.4 Expansions, 2017-202013.8 Company Evaluation Quadrant13.8.1 Star13.8.2 Emerging Leader13.8.3 Participant13.8.4 Emerging Companies13.9 Strength of Product Portfolio13.10 Business Strategy Excellence13.11 Product Footprint13.12 Startup/SME Evaluation Matrix, 201913.13 Winners Vs. Tail-Enders 14 Company Profiles 14.1 Continental Ag14.2 Grupo Antolin14.3 Faurecia14.4 Marelli14.5 Magna International14.6 Toyota Boshoku Corporation14.7 Yanfeng Automotive Interiors14.8 Adient14.9 Draxlmaier Group14.10 Visteon Corporation14.11 Panasonic Corporation14.12 Robert Bosch Gmbh14.13 Hyundai Mobis14.14 Other Key Regional Players14.14.1 Asia-Pacific14.14.1.1 Sage Automotive Interiors, Inc. Hayashi Telempu Co. Ltd. Tachi-S Co. Ltd. Machino Plastics Limited14.14.1.5 Pioneer Corporation14.14.1.6 Denso Corporation14.14.1.7 LG Display Co. Ltd. Yazaki Corporation14.14.1.9 Samsung Electronics Co. Ltd. Nippon Seiki Co. Ltd. Kyocera Corporation14.14.1.12 Au Optronics Corp. Clarion14.14.1.14 Desay Sv Automotive14.14.1.15 Spark Minda14.14.2 North America14.14.2.1 Lear Corporation14.14.2.2 Trinseo S.A. Inteva Products14.14.2.4 H.B. Fuller Company14.14.2.5 Gentex Corporation14.14.2.6 Garmin Ltd. Stoneridge Inc.14.14.3 Europe14.14.3.1 S. Franzen Sohne Gmbh14.14.3.2 Novares14.14.3.3 Mondragon Assembly14.14.3.4 Eissmann Group Automotive14.14.3.5 Iac Group14.14.3.6 Valeo 15 Appendix

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