Global Motor Vehicle Seating and Interior Trim Market Size, Drivers, Trends, Opportunities And Strategies – Includes Motor Vehicle Seating and Interior Trim Market Demand
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The increasing popularity of sport utility vehicle (SUV) cars are expected to drive innovation in motor vehicle seating and interior trim manufacturing, thus driving the market during the forecast period.
The global motor vehicle seating and interior trim market is expected to grow from $193.30 billion in 2022 to $214.92 billion in 2023 at a compound annual growth rate (CAGR) of 11.2%. The global motor vehicle seating and interior trim market size is expected to grow to $322.45 billion in 2027 at a CAGR of 10.7%.
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Global Motor Vehicle Seating And Interior Trim Market Segments Include:
- By Type: Motor Vehicle Seating, Motor Vehicle Interior Trim
- By Trim Material: Genuine Leather, Synthetic Leather, Fabrics, Polyurathane Foam
- By Vehicle: Passenger Vehicle, Commercial Vehicle
- By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global motor vehicle seating and interior trim market in 2021.
Major Market Players in the motor vehicle seating and interior trim market include ContiTech AG, Magna International, Hyundai Mobis Co., Faurecia S.A., TATA Group, Toyoda Gosei, Johnson Controls, Faurecia S.A.
The companies in the motor vehicle seating and interior trim market are investing in the use of sustainable materials for car interior trim. To attract buyers inclined towards using eco-friendly ways of living, the manufacturers are using sustainable options for car interior trim parts. For instance, Land Rover, earlier introduced its new line of leather-free and fully vegan materials that are used in interior trim for its 2020 Range Rover Evoque, Range Rover Velar, and Jaguar I-Pace SUVs. Land Rover’s Evoque is equipped with eucalyptus melange premium textile, produced from eucalyptus fibres using less water. It also uses a premium textile from Kvadrat, made with 53 recycled plastic bottles per car, and is combined with Dinamica Miko suede cloth.
The Motor Vehicle Seating and Interior Trim Global Market Report 2023 provides a motor vehicle seating and interior trim market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The motor vehicle seating and interior trim market forecast analyzes motor vehicle seating and interior trim market size, motor vehicle seating and interior trim market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The motor vehicle seating refers to a finished construction, complete with trim, designed to accommodate one adult passenger and maybe integrated into the vehicle’s frame. The materials that are most frequently used to frame floors, walls, windows, and entrances are referred to as interior trim.
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