DUBLIN, Jan. 12, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/7pjc7t/global_automotive) has announced the addition of the "Global Automotive Instrument Panel Market 2015-2019" report to their offering.
The growing sales of luxury vehicles is augmenting the demand for automotive instrument panels. The research analysts predict the automotive instrument panel market to record over 107 million units in sales in 2019.
The market shows immense potential to grow in the future because of the emergence of certain trends, such as a shift toward low VOC emitting materials.
An automotive instrument panel is made of VOC materials such as plastic polymers, elastomers, substrate, and foam. VOCs are organic chemicals that have high vapor pressure at normal room temperature. There are restrictions on the density of VOCs in an automobile; a shift to low VOC materials has been observed.
According to the report, the market is driven by several factors, including the increasing number of new automobile launches leading to the demand for new instrument panel designs. The OEMs are currently investing in designing new automobile models. For instance, Honda launched the H-RV and BMW launched the 2-series Gran Tourer in 2015. The growing development of new automobile models is likely to lead to an increase in the demand for new instrument panel designs.
Further, the report states that the recyclability of automotive instrument panels hinders the growth of the market.
Key questions answered in the report:
Companies Mentioned:
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by end-market
PART 07: Market segmentation by vehicle type
PART 08: Geographical segmentation
PART 09: Key leading countries
PART 10: Market drivers
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Vendor landscape
PART 16: Key vendor analysis
For more information visit http://www.researchandmarkets.com/research/7pjc7t/global_automotive
Media Contact:
Laura Wood, +353-1-481-1716, press@researchandmarkets.net
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