Automotive Interior Materials Market Size To Reach USD 68.19 Billion In 2030 | Rise In Living Standards And Need For Comfortable Vehicles Are Key Factors Driving Market Revenue Growth

NEW YORK, March 23, 2022 /PRNewswire/ -- The global automotive interior materials market size is expected to reach USD 68.19 Billion in 2030 and register a revenue CAGR of 3.1% over the forecast period, according to the latest report by Reports and Data. Market revenue growth is expected to increase due to high demand for automotive interior materials to ensure a high level of comfort and customization in vehicles. Automotive interior materials give automobiles a more appealing look, higher durability, and increased sustainability, helping manufacturers to improve vehicle performance and interior features. This also aids manufacturers in upgrading the features and designs of automobile cabins. Moreover, growing popularity of electric vehicles and self-driving cars has boosted the demand for lightweight materials in automobiles. Autonomous cars are equipped with a variety of modern technologies that necessitate the integration of several ECUs and chips. This increases the vehicle's overall weight and necessitates the use of lightweight materials for the vehicle's body and other sections.

Polymers are a common type of materials used in automobiles interior. Consumer preference for lightweight, long-lasting interior components is likely to drive up polymer demand. As public concern about the environment and global warming has increased, legislative constraints have tightened. Automotive manufacturers are concentrating on reducing vehicle CO2 emissions by reducing total weight. These are some of the factors driving up polymer demand in the global automotive interior materials market.

Request a Sample Report – @ https://www.reportsanddata.com/sample-enquiry-form/1793

Some Key Highlights from the Report

• Leather is the most feasible material for any vehicle's seating system because it is the most durable when used properly. Majority of passenger vehicle seat-beds are made of leather. Natural leather is more expensive than synthetic leather. Customers who purchase luxury and premium vehicles expect genuine leather seating and interiors, which drives demand for natural leather in automotive interiors.
• Dashboard segment is expected to register a significant revenue growth rate over the forecast period. Improvement in vehicle dashboards and their materials has had a significant impact on the automotive industry, as dashboards are now expected to be environmentally friendly and free of hazardous materials. Increase in production of dashboards, which utilizes new technology, design, and material, is expected to drive segment revenue growth.

Ask for Customize Research Report @ https://www.reportsanddata.com/request-customization-form/1793

• In automotive, continuous innovations are being carried out in use of materials for seats as seats are important to reduce driver discomfort during long rides or in poor driving conditions. Seat cushion is produced from high-performance polyurethane foams combined with covering materials such as leather or fabric. The usage of carbon fibers and other performance composites in the back portion of seats has resulted from the requirement for lightweight components in modern vehicles.
• Market in North America is expected to register a steady revenue growth rate in the global automotive interior materials market over the forecast period, because of increased demand for passenger vehicles, frequent technological advancements, and economic feasibility of premium options. Widespread dependence on cars for personal transportation in North America is likely to enable steady revenue growth of the market in this region. Moreover, demand is expected to rise at a significant rate due to strict standards pertaining to fuel economy.
• Companies profiled in the market report are Toyota Boshoku Corporation, Lear Corporation, Toyoda Gosei Co., Ltd., Adient plc, Faurecia SE, Grupo Antolín, Sage Automotive Interiors, Yanfeng Automotive Interior Systems Co., Ltd., SMS Auto Fabrics, and Dräxlmaier Group.

To identify the key trends in the industry, research study at : https://www.reportsanddata.com/report-detail/automotive-interior-materials-market

For the purpose of this report, Reports and Data has segmented the global automotive interior materials market based on interior material type, vehicle type, class, application, and region:

• Interior Material Type Outlook (Revenue, USD Billion; 2018-2030)
• Leather
• Wooden Materials
• Fabrics
• Plastics
• Metals
• Others
• Vehicle Type Outlook (Revenue, USD Billion; 2018-2030)
• Passenger Vehicles
• Light Commercial Vehicles
• Heavy Commercial Vehicles
• Class Outlook (Revenue, USD Billion; 2018-2030)
• Luxury
• Mediocre
• Economy
• Application Outlook (Revenue, USD Billion; 2018-2030)
• Door Panel & Trims
• Dashboard
• Seats
• Roof Paddings
• Airbags & Seatbelts
• Carpets & Floor Mats
• Others

Buy Premium Research Report @ https://www.reportsanddata.com/checkout-form/1793

• Regional Outlook (Revenue, USD Billion; 2018-2030)
• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• France
• Italy
• Spain
• Sweden
• BENELUX
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• South Korea
• Rest of APAC
• Latin America
• Brazil
• Rest of LATAM
• MEA
• Saudi Arabia
• UAE
• South Africa
• Israel
• Rest of MEA

Explore Trending Research Reports by Reports and Data:

Electric Vehicle (EV) market size was USD 201.01 billion in 2020 and is expected to register a revenue CAGR of 20.6% during the forecast period. Market revenue growth is primarily driven by rising sales of electric vehicles sales globally and increasing focus on launch of newer electric vehicle models by manufacturers.

Electric Vehicle (Car) Polymers Market size is expected to reach USD 418.27 Billion in 2028 and register a revenue CAGR of 66.9% over the forecast period. Electric vehicle (car) polymer market revenue growth is expected to be driven majorly by increasing demand for Electric Vehicles (EVs), particularly from developing countries, and rising awareness regarding benefits of using EV polymers among manufacturers.

Tire Market size is expected to reach USD 318.57 Billion in 2028 and register a revenue CAGR of 3.3% over the forecast period, Market revenue growth is primarily driven by ongoing industrialization and economic expansion

Vehicle Access Control Market size is expected to reach USD 23.42 Billion in 2028 and register a revenue CAGR of 10.3% during the forecast period. Rising concerns regarding vehicle security, and increasing production and sales of Passenger Cars (PCs) and Light Commercial Vehicles (LCVs) are major factors expected to drive market revenue growth during the forecast period

Off-Highway Vehicle Engine Market size is expected to reach USD 69.03 Billion in 2028 and register a revenue CAGR of 7.3% over the forecast period. Steady market revenue growth of Off-highway Vehicle Engine is largely driven by increased agricultural automation, and rising construction activity. 

Alternative Fuel Vehicle (AFV) market size is expected to reach USD 2,607.63 Billion in 2030 and register a revenue CAGR of 24.5% over the forecast period, Increasing fuel prices are accelerating adoption of AFVs, as people are shifting towards alternate fuels, which in turn, is driving market revenue growth.

security Inspection Market is expected to reach a market size of USD 11.23 Billion by 2027 and register a high CAGR during the forecast period, according to a latest report by Reports and Data. Security inspection market revenue growth is driven steadily by high demand for security checks of bags, vehicles, persons, and other articles at airports and railways.

Electro-Optical Targeting System market size was USD 20.38 Billion in 2020 and is expected to reach a value of USD 31.49 Billion by 2028, and register a CAGR of 5.50%. Increasing military spending by various countries globally is an important market indicator of the rising Electro-Optical Targeting system market.

Laser Weapon System market was USD 8.32 Billion in 2020 and is projected to grow at a CAGR of 10.80%. Fast delivery of the beam in comparison to the kinetic weapons is one of the factors responsible for the growth of the market. Increasing investments by various countries are a major driver for the growth of the market.

About Reports and Data     

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Contact: 

John W
Head of Business Development
Reports And Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
LinkedIn | Twitter | Blogs

Read Latest Press Release @ https://www.reportsanddata.com/press-release/global-automotive-interior-materials-market

Logo: https://mma.prnewswire.com/media/1579615/Reports_and_Data_Logo.jpg