What is Automotive Upholstery Market?
Automotive Upholstery is defined as the materials which are used to make a soft covering, especially for a seat. It also includes the interior of any vehicle such as seat covers, carpet, door insides, the trunk space, boot space, among others. Increased demand for luxury vehicles and environmentally-friendly vehicles, increasing demand for lightweight automotive materials, increasing demand for advanced automotive technologies and automotive interiors, among others are expected to drive the growth of the automotive upholstery market over the years to come.
Highlights from Automotive Upholstery Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Lear Corporation (United States), Adient PLC (Ireland), Toyota Boshoku Corporation (Japan), BMW Group (Germany), Daimler AG (Germany), Volkswagen AG (Germany), Faurecia S.A. (France), Grammer AG (Germany), Grupo Antolin Irausa, S.A. (Spain) and Seiren Co., Ltd (France) |
The market is fragmented with numerous players focusing on technique and quality of the product due to which the global automotive upholstery market can witness an upsurge in the forecast period. Research Analyst at AMA predicts that Germany Vendors will contribute to the maximum growth of Global Automotive Upholstery market throughout the forecasted period.
Lear Corporation (United States), Adient PLC (Ireland), Toyota Boshoku Corporation (Japan), BMW Group (Germany), Daimler AG (Germany), Volkswagen AG (Germany), Faurecia S.A. (France), Grammer AG (Germany), Grupo Antolin Irausa, S.A. (Spain) and Seiren Co., Ltd (France) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Sage Automotive Interiors (United States), Acme Mills Company (United States), Martur Automotive Seating Systems (Turkey), Haartz Corporation (India) and Borgers Se & Co. KGaA (Germany). Automotive Upholstery Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Carpets, Dashboards, Roof Liners, Seat Covers, Sun Visors and Trunk Liners |
Upholstery Materials | Automotive Textiles,Leather,Plastics,Smart Fabrics,Synthetic Leather,Thermoplastic Polymers |
Vehicle Type | Passenger Cars,Commercial Vehicles |
Integrated Technology | Conventional,Smart Seats,Ventilated |
Fabric Type | Non-woven,Woven |
On the basis of geography, the market of Automotive Upholstery has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technology Advancement in Automotive Upholstery Products
Market Growth Drivers:
Growing Demand for Advanced Technologies as well as Customized Automotive Interiors and Availability of Diverse Non-Fabric Substitutes
Challenges:
Stringent Government Mandates to Reduce Hap Emissions and Tvoc Emissions from Vehicle Interiors
Restraints:
Volatility in Raw Material Prices
Opportunities:
Increasing Use of Non-Woven Fabrics, Development of Autonomous Vehicles to Present New Opportunities for Automotive Interior Design and Growing Demand from Emerging Economics such as India, China, and others
Key Target Audience
Automotive Interior Manufacturers and Component Suppliers, Automotive Interior Upholstery Manufacturers, Automotive Upholstery Raw Material Suppliers, Automotive OEMs, Industry Associations and Other Driver Assistance Systems Manufacturers and The Automobile Industry and Related End-User Industries
Market Leaders & Development Strategies
In February 2022, Lear Corporation, a global automotive technology leader in Seating and E-Systems, acquired substantially all of Kongsberg Automotive's Interior Comfort Systems (ICS) division. The acquisition further develops Lear's seat component capabilities and expands its product offering in increasingly popular heated and comfortable seat solutions such as seat heating and ventilation, massage, and lumbar support.
In February 2021, Volkswagen Group further strengthens its capabilities in developing autonomous driving (AD) solutions. The group's software company, Car. Software Organization will work with Microsoft to build a cloud-based Automated Driving Platform (ADP) on Microsoft Azure, leveraging its computing and data capabilities to deliver an even faster automated driving experience globally. With ADP running on Azure, Car Software Organization will increase the efficiency of the development of advanced driver assistance systems (ADAS) and AD capabilities for passenger vehicles across the Volkswagen Group brands. Volkswagen and Microsoft have been strategic partners of the Volkswagen Automotive Cloud since 2018, which will cover all of Volkswagen's future digital services and mobility products.
In May 2018, according to the European Commission (Belgium), new vehicle safety measures proposed for passenger cars as well as vans as part of the revision of the EU General Safety Regulation.