PUNE, India, July 21, 2017 /PRNewswire/ --
The report "Automotive Interior Market by Component (Central Console, Cockpit Module, Dome Module, Door Panel, Headliner, Infotainment System, Interior Lighting, and Seat), Vehicle Type (PV, LCV, and HCV), and Region - Global Forecast to 2022", published by MarketsandMarkets™, the Automotive Interior Market is estimated to grow from USD 235.59 Billion in 2017 to USD 301.56 Billion by 2022, at a CAGR of 5.06%. The increase in demand for premium segment vehicles with advanced styling and rise in demand for cabin comfort and convenience are the major growth factors for this market.
Browse 79 Market Data Tables and 47 Figures spread through 177 Pages and in-depth TOC on "Automotive Interior Market - Global Forecast to 2022"
Early buyers will receive 10% customization on this report
The Passenger Vehicle (PV) segment is estimated to hold the largest share in the Automotive Interior Market by vehicle type
The PV segment is estimated to have the largest share in the Automotive Interior Market by vehicle type. The primary factor behind this is the high production of PVs compared to commercial vehicles. Also, the quality of automotive interior components desired by a consumer is relatively higher in PVs.
Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=10199544
Infotainment system is estimated to act as the fastest growing segment of the Automotive Interior Market by component
The infotainment system segment is projected to be the fastest growing segment of the Automotive Interior Market by component. Infotainment systems help the user to obtain information regarding time and temperature display, navigation, and other functions. The use of infotainment systems is observed across economy cars to premium cars; however, the quality of display may vary accordingly. Touchscreen technology is now being increasingly used in various cars. For premium cars, touchscreens are now combined with haptic response systems, which provide a vibratory feedback when the button on the touch screen is tapped.
The North American region holds the second largest share in the Automotive Interior Market in 2017
North America has been projected to hold the second largest share of the Automotive Interior Market in 2017. The North American automotive industry is advanced with powerful economies such as the U.S. and Canada present across this region. Some of the major OEMs such as General Motors, Ford Motors, and Fiat-Chrysler Automotive are present across this region. High consumer disposable income and a significant market for luxury cars, technologies such as advanced instrument cluster, infotainment, and navigation system have led to the growth of the automotive interior component market.
This report covers some of the leading players in the Automotive Interior Market such as Continental AG (Germany), Lear Corporation (U.S.), Faurecia S.A. (France), Magna International (Canada), and others.
Browse related reports:
Cockpit Electronics Market for Automotive by Product (HUD, Information Display, Infotainment & Navigation, Instrument Cluster, and Telematics), Type (Basic and Advanced), End Market, Fuel Type, and Region - Global Forecast to 2022
Lighting Market for ICE & EVs By Technology (Halogen, LED, Xenon), Position (Front, Side, Rear, Interior), Application (Head, Side, Tail, Fog, DRL, CHMSL, Dashboard, Glovebox, Reading, Dome, Rear View Mirror), Adaptive Lighting & Region - Forecast to 2022
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets