Automotive Interior Market Overview
Automotive Interior Market Size was valued at USD 84,233.85 million in 2022. The Automotive Interior Market industry is projected to grow from USD 88,624.61 Million in 2023 to USD 1,42,955.98 million by 2032, exhibiting a compound annual growth rate (CAGR) of 5.50 % during the forecast period (2023 - 2032).
The automotive interior market is focused on the design, development, and manufacturing of components and systems that constitute the interior environment of vehicles. This includes the interior cabin features such as seats, dashboard, infotainment systems, rear-seat entertainment, and various other elements that contribute to the overall comfort, functionality, and aesthetics of a vehicle's interior space. The market is driven by technological advancements, consumer preferences for enhanced comfort and safety features, and the ongoing pursuit of innovative materials and designs to create appealing and functional automotive interiors.
As per Analyst at MRFR, “The Automotive Interior industry has seen several growth factors in recent years, fueled by increasing customer preference for convenience, premium features, and advanced safety. Along with that improved comfort, new materials, and autonomous technologies are driving demand for innovative seats in automobiles.”
Figure 1: Automotive Interior Market Size 2019-2032 (Usd Million)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Automotive Interior Market Trends
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Biodegradable And Eco-Friendly Materials In Automotive Interior
In recent years, the automotive industry has experienced a notable shift driven by heightened awareness of environmental sustainability and the pressing need to diminish manufacturing processes' ecological impact. With mounting concerns regarding climate change and resource depletion, automakers are increasingly embracing innovative solutions to produce vehicles that not only meet rigorous performance and safety standards but also prioritize environmental stewardship.
One significant aspect of this green transformation involves the adoption of biodegradable plastics for interior components. These innovative materials, derived from renewable sources, offer a sustainable alternative to traditional plastics, thereby reducing reliance on fossil fuels and fostering a circular economy. Bioplastics, encompassing starch-based, cellulose-based, protein-based, and lipid-based biopolymers, represent a promising avenue for enhancing automotive sustainability.
Among the notable bioplastics, Bio-polyamides (Bio-PA) derived from renewable resources like natural fats and oils are gaining traction. Exhibiting favourable properties such as good coefficient of friction, high wear resistance, and impact resistance, Bio-PA finds application in various automotive components, including connectors, brake noses, and flexible tubing. Polylactic Acid (PLA), a biodegradable polyester, is increasingly utilized in vehicle interiors for mats, carpeting, upholstery, and under-the-hood components due to its biocompatibility and eco-friendly nature. Furthermore, Bio-based polypropylene (Bio-PP), manufactured from natural materials such as corn, sugar cane, and vegetable oil, presents a viable option for producing a range of automotive parts, including bumpers, dashboards, and air ducts. Additionally, the integration of natural fibres like hemp, bamboo, and flax offers automakers the opportunity to infuse sustainability into vehicle design.
Automotive Interior Market Segment Insights
Automotive Interior Market Component Type Insights
Based on Component, the Automotive Interior Market has been segmented into Passenger cars and trucks. Passenger cars are further sub segmented into Center Console/Center Stack, Head-Up Display, Instrument Cluster, Rear Seat Entertainment, Dashboard, Arm Rest, Seats & Storage, Upholstery, Others while Trucks are further sub segmented into Bunker Beds, Fridges, Dashboard, Seats, Instrument Cluster, Upholstery.
Center Console/Center Stack includes the controls of a vehicle located between the driver's and passenger's seat, typically including the heater/air conditioning, the car radio, and the gear shift. Head-Up Display works on the optical principle for real-time display of such information as speed, navigation, and ADAS in front of the vehicle. The instrument cluster is a critical part of the dashboard housing the speedometer, fuel gauge, odometer, and other important indicators. The dashboard refers to the front panel that houses a variety of components and controls. Upholstery in a vehicle refers to the material used to cover the interior surfaces of the vehicle including seats, door panels, headliners, and others.
Automotive Interior Market Vehicle Type Insights
Based on Vehicle Type, the Automotive Interior Market has been segmented into Passenger Cars which are further segmented into Economic Cars, Mid-Segment Cars, Luxury Segment Cars and Heavy-Duty Trucks which are segmented by Class 8 and Class 9. The Passenger cars held the largest market share in 2022 due growing demand from consumers for advanced comfort, convenience, and entertainment features in their vehicles. As people spend more time commuting or traveling by car, passengers expect their vehicles to offer features like those found in their homes or offices. This demand has led automakers to integrate a wide range interior component/feature, including advanced infotainment systems, climate control systems, and connectivity options.
Commercial vehicles are increasingly equipped with advanced telematics systems, fleet management software, and onboard sensors that provide real-time data on vehicle performance, driver behavior, and cargo status.
Automotive Interior Market Vehicle Propulsion Insights
Based on Vehicle Propulsion, the Automotive Interior Market has been segmented into ICE Vehicles and Electric Vehicles which are further sub segmented into Battery electric vehicle (BEV),Hybrid electric vehicle (HEV),Plug-in hybrid electric vehicle (PHEV),Fuel cell electric vehicle (FCEV).ICE Vehicles held the largest market share in 2022. ICE is widely used in automobiles due to their efficiency and ease of refueling. The integration of internal combustion engine (ICE) technology advancements has led to the development of more efficient and environmentally friendly engines.
The rise of electric vehicles (EVs) is driven by the nature of electric propulsion systems that require sophisticated electronic control units (ECUs) and battery management systems (BMS) to optimize performance, range, and efficiency.
Figure 2: Automotive Interior Market, By Vehicle Propulsion, 2023 Vs 2032 (Usd Million)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Automotive Interior Market Sales Channel Insights
Based on Sales Channel, the Automotive Interior Market has been segmented into OEM and Aftermarket. The OEM segment held the largest market share in 2022. OEM stands for Original Equipment Manufacturers. In the automotive industry, an OEM refers to a company that produces components or parts used in vehicle manufacturing. In the automotive interior market, this component includes seats, dashboards, center console, and others. OEMs supply these parts directly to vehicles manufacturers for assembly into their vehicle.
After the original equipment manufacturer (OEM) sells the car to the customer, the automotive aftermarket refers to the secondary parts market within the automotive industry. It is responsible for the production, remanufacturing, distribution, retailing, and installation of all vehicle parts, equipment, and accessories.
Automotive Interior Market Regional Insights
By Region, the study provides market insights into North America, Europe, Asia-Pacific, Middle East and Africa and South America. Asia-Pacific accounted for 42.8% of market share. Asia-Pacific holds dominance in the Automotive Interior Market, driven by a strong automotive industry in China, Japan, India, and South Korea. It continues to maintain its dominance over the forecast period owing to the growing demand for passenger cars in this region and the rising disposable income of people.
North American region includes insights of US, Canada, and Mexico. North America is a major automotive interior market. It is estimated that North America's automotive interior market will show steady growth in near future. Autonomous vehicles are expected to become increasingly popular in the region in the near future. These vehicles will require different interior designs than traditional vehicles. This is driving demand for new and innovative interior solutions.
Europe is the second-largest automotive interior market, with healthy growth predicted during the forecast period. Major countries such as Germany, the UK, Spain, France, and Italy. Europe's share will significantly grow in the automotive interior market. The area is home to many luxury car manufacturers who host various advanced features, electronic devices, and sensors in their vehicles.
The Middle East and African nations are among the highest importers of automobiles and the high-tech associated with cars. This region has a developing economy with better infrastructure and transportation. The rising active collaborations of governments, regulatory bodies, and groups striving for economic development are important elements driving the rise of the automation and manufacturing sectors. This is likely to be a primary driving force for the region's market.
Figure 3: Automotive Interior Marketsize By Region 2023 Vs 2032
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Further, the major countries studied in the market report are the U.S., Canada, Mexico, Germany, UK, France, Italy, Spain, Turkey, China, Japan, and India, South Korea , Taiwan, Indonesia, Australia , Brazil , Argentina and Rest of South America.
Automotive Interior Market Key Market Players & Competitive Insights
The Automotive Interior Market is characterized by the presence of many global, regional, and local vendors. The Automotive Interior Market has witnessed significant growth over the forecast period due to increasing customer preference for convenience, premium features, and advanced safety and improved comfort, new materials and autonomous technologies driving demand for innovative seats in automobile. There are several domestic, regional, and global players operating in the Automotive Interior Market who continuously strive to gain a significant share of the overall market. During the study, MRFR has analyzed some of the major players in the Automotive Interior Market who have contributed to the market growth. During the study, MRFR has analyzed some of the major players in the Automotive Interior Market who have contributed to the market growth which includes Continental AG, Robert Bosch GmbH, Hyundai Mobis ,Denso corporation, Valeo, Panasonic Holdings Corporation, FORVIA Faurecia, ZF Friedrichshafen AG, Yanfeng, Antolin, Texas Instruments Incorporated, Magna International Inc, Harman International, Visteon Corporation, Nippon Seiki Co., Ltd.
These players focus on expanding and enhancing their product portfolio and services to remain competitive and increase their customer base. Additionally, these players are focusing on partnerships & collaborations to expand their business and customer base to enhance their market position.
Key Companies in the Automotive Interior Market include.
- Continental AG
- Robert Bosch GmbH
- Hyundai Mobis
- Denso corporation
- Valeo
- Panasonic Holdings Corporation
- FORVIA Faurecia
- ZF Friedrichshafen AG
- Yanfeng,Antolin
- Texas Instruments Incorporated
- Magna International Inc
- Harman International
- Visteon Corporation
- Nippon Seiki Co., Ltd.
Automotive Interior Developments
- In July 2023, ZF Aftermarket introduced over 770 new parts for passenger cars in North America in 2023, expanding product lines to cover an additional 158.2 million vehicles in operation. Products launched include TRW brake pads, brake boosters, and master cylinders; SACHS Ride Control continuous damping control (CDC) shocks; ZF transmission parts and e-fluids; and LEMFÖRDER window regulators and assemblies in the US and Canada.
- In February 2022, Motherson and Valeo signed a partnership to create the automotive interior of lighting systems with advanced surface finishes in the future. Under this partnership, Valeo’s innovative lighting systems are integrated with Motherson’s new cabin interior modules and surfaces. These new technologies will be used to redesign instrument panels, door panels, center consoles, and other interior trims.
Automotive Interior Market Segmentation:
Automotive Interior Market Component Outlook
- Passenger car
- Center Console/Center Stack,
- Head-Up Display
- Instrument Cluster
- Rear Seat Entertainment,
- Dashboard
- Arm Rest
- Seats & Storage
- Upholstery
- Others
- Trucks
- Bunker Beds
- Fridges
- Dashboard
- Seats
- Instrument Cluster
- Upholstery
Automotive Interior Market Vehicle Type Outlook
- Passenger Car
- Economic Cars
- Mid-Segment Cars
- Luxury Segment Cars
- Heavy-Duty Trucks
- Class 8
- Class 9
Automotive Interior Market Vehicle Propulsion Outlook
- ICE Vehicles
- Electric Vehicles
- Battery electric vehicle (BEV)
- Hybrid electric vehicle (HEV)
- Plug-in hybrid electric vehicle (PHEV)
- Fuel cell electric vehicle (FCEV)
Automotive Interior Market Sales Channel Outlook
Automotive Interior Market Regional Outlook
North America
Europe
- UK
- Germany
- France
- Italy
- Spain
- Turkey
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Taiwan
- Indonesia
- Rest of Asia-Pacific
Middle East & Africa
Report Attribute/Metric
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Details
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Market Size 2022
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USD 84,233.85 million
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Market Size 2023
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USD 88,624.61 million
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Market Size 2032
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USD 1,42,955.98 million
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Compound Annual Growth Rate (CAGR)
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5.50 % (2023-2032)
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Base Year
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2022
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Market Forecast Period
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2023-2032
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Historical Data
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2019- 2021
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Market Forecast Units
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Value (USD Million)
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Report Coverage
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Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
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Segments Covered
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Component Type, Vehicle Type, Vehicle Propulsion, Sales Channel and Region
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Geographies Covered
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Europe, North America, Asia-Pacific, Middle East & Africa, and South America & Central America
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Countries Covered
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U.S., Canada, Mexico, Germany, UK, France, Italy, Spain, Turkey, China, Japan, and India, South Korea , Taiwan, Indonesia, Australia , Brazil , Argentina, and Rest of South America.
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Key Companies Profiled
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Continental AG,,Robert Bosch GmbH,, Hyundai Mobis,,Denso corporation,,Valeo,,· Panasonic Holdings Corporation,,FORVIA Faurecia,,ZF Friedrichshafen AG,,Yanfeng, Antolin,,Texas Instruments Incorporated,, Magna International Inc,,Harman International,,Visteon Corporation,,Nippon Seiki Co., Ltd.
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Key Market Opportunities
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Rising trend in premium vehicle interior customization and styling
Demand for advanced Hud’s due to increasing focus on autonomous vehicles.
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Key Market Dynamics
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Increasing customer preference for convenience, premium features, and advanced safety
Increasing focus of customers on the cabin experience
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Frequently Asked Questions (FAQ) :
The Automotive Interior Market size is expected to be valued at USD 84,233.85 Million in 2022.
The global market is projected to grow at a CAGR of 5.5 % during the forecast period, 2023-2032.
Asia-Pacific had the largest share of the global market.
The key players in the market are Continental AG, Robert Bosch GmbH, Hyundai Mobis ,Denso corporation, Valeo, Panasonic Holdings Corporation, FORVIA Faurecia, ZF Friedrichshafen AG, Yanfeng, Antolin, Texas Instruments Incorporated, Magna International Inc, Harman International, Visteon Corporation, Nippon Seiki Co., Ltd.
The Passenger car type dominated the Automotive Interior Market in 2022.