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Global Automotive Headliners Market Towards 4.7% Growth Trajectory By 2023-2033, According To Future Market Insights, Inc.

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Globalization of vehicle platforms combined with expansion of manufacturing facilities in various regions would drive the market towards and is expected to reach US$30,695.1 million by 2033.

/EIN News/ — NEWARK, Del, Jan. 25, 2023 (GLOBE NEWSWIRE) — The automotive headliner market is expected to reach US$19,391.9 million in 2023 and US$30,691.5 million by 2033. Over the projected period, the automotive headliner sales market is expected to expand significantly at a CAGR of 4.7%.

Growing demand for passenger vehicles, stringent government regulations or initiatives encouraging the use of lightweight auto parts are the major proliferating factors driving the growth of the market.

Rising demand for advanced and high quality interior design or styling in vehicles has all contributed to the growth of the automotive headliner market.

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In the long term, advancements in the development of sustainable/eco-friendly materials for automotive applications, along with increased investment in the development of electric vehicles, are expected to increase the demand for automotive headliners.

In addition, the growing trend to improve the appearance of vehicle interiors while maximizing passenger comfort, growing demand for luxury or high-end vehicles, and investments in self-driving vehicles will drive the demand for headliners. cars in the years to come.

Powerboat suppliers have increasing opportunities to supply huge volumes of product and benefit from economies of scale, which will increase OEMs’ reliance on suppliers for growth.

The growing trend of adopting innovative technologies in the care of environmental facilities would provide immense opportunities for market growth.

Main takeaways from the Automotive Headliners Market

  • Passenger cars will dominate the segment with 84.3% global market share. Automotive headliners play an important role in providing attractive interior design for various passenger vehicles to attract customers in a competitive market.
  • The synthetic fabrics segment will dominate the materials segment with a share of more than 23.21%. Because synthetic fabrics are versatile and durable, they are a popular choice for automotive interiors and among manufacturers.
  • Germany is expected to grow by 6.4% by 2033 due to favorable European Union policies in implementing strict emissions regulations and focusing on curb weight reduction cars.
  • Increase in mergers and collaborations along with expansion of headlining manufacturing facilities among eminent manufacturers in UK would drive its market growth trajectory to 4.3% by 2033.
  • The United States leads in revenue share with a 15.3% contribution to global markets. The United States had recorded strong sales of sports and luxury vehicles due to the growth in disposable income and high availabilities.
  • India would be the most lucrative market among other regions with a growth trajectory of 5.3% by 2033. Growth in vehicle manufacturing facilities and emphasis on vehicle safety and standards show an opportunistic prospect for the Indian market.

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Competitive landscape

Continental AG, Magna International Inc., Denso Corporation, Faurecia, Adient and others are key players in the automotive interior market. The automotive interiors market is expected to face competition in the coming years owing to various strategies employed by major product manufacturers to gain competitive advantage such as focused research and development activities, new product development, purchases, etc.

Latest developments in the automotive headliner market

Oracle Lighting introduced the new StarLINER ColorSHIFT fiber optic hardtop headliner in October 2020. The product is intended for use in Gladiator JT and Warngler JL vehicle models.

International Automotive Components (IAC Group) announced the expansion of its presence in the UK in July 2019. This will be done by expanding the headlining manufacturing plant in Elmdon.

SEAT will unveil Ku-Fizz, a new physical foam technology for automotive headliners that reduces the weight of plastic components, on its 2nd Innovation Day in November 2020, as part of an initiative to increase sustainable materials in the automotive sector.

Key segments covered in the Automotive Headliners market report

By type of headliner:

By Material:

  • Foam Backed Fabric
  • cotton tablecloth
  • Synthetic fabric
  • Perforated fabric

By type of vehicle:

  • Passenger car
  • Light commercial vehicle
  • heavy duty vehicle

By sales channel:

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan (APEJ)
  • Japan
  • Middle East and Africa (MEA)

For more information: https://www.futuremarketinsights.com/reports/automotive-headliner-market

Contents

1. Executive Summary | Automotive Headliner Market

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply-side trends

1.4. Analysis of the technology roadmap

1.5. Analysis and recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limits

3. Market context

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3.1. Market dynamics

3.1.1. Drivers

3.1.2. Constraints

3.1.3. Opportunity

3.1.4. Tendencies

3.2. Scenario forecast

3.2.1. Demand in the optimistic scenario

3.2.2. Demand in Likely Scenario

3.2.3. Demand in the conservative scenario

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About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR certified business consulting and market research firm, member of the Greater New York Chamber of Commerce and headquartered in Delaware, USA. Recipient of the 2022 Clutch Leaders Award for high customer score (4.9/5), we have partnered with global companies on their business transformation journey and helped them realize their business ambitions. 80% of the Forbes 1000 largest companies are our clients. We serve global clients across all leading and niche market segments in all major industries.

Contact us:

Future Market Outlook Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
Such. : +1-845-579-5705
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