London, 20 October 2014 – TechNavio, a global tech-focused research firm has published a new market research report on the Global Automotive Interiors Market 2014-2018, which is growing at a 2.97 percent CAGR from 2014-2018.
Automotive interiors not only add convenience and functionality, but also add comfort and style to the vehicle. Vendors in the market leverage interior systems to gain a competitive edge in the intensely competitive marketplace.
About the Report
The latest report by TechNavio pinpoints ongoing economic recovery as one of the major factors driving market growth. There has been renewed demand for automobiles in recent years, which has also increased the demand for interior systems. The report also highlights some of the upcoming trends like ambient lighting and interior surface decoration that are propelling the market.
“Ambient lighting was introduced in luxury vehicles in 2007 and has expanded to lower-cost models ever since. The market is also witnessing a revolutionizing development in terms of materials and their sources. With consumer awareness regarding eco-friendly materials gaining prominence, there has been a shift in the materials used in vehicle interiors,” says Faisal Ghaus, Vice President of TechNavio.
Key Information Covered in the Report:
Market segmentation, size and forecast through 2018
Market Growth Drivers:
- Economic Recovery
- For a full detailed list, view our report.
Market Challenges:
- Rise in Cost of Raw Materials
- For a full detailed list, view our report.
Market Trends:
- Ambient Lighting
- For a full detailed list, view our report.
Key Vendors:
- Faurecia SA
- Hyundai Mobis Co. Ltd.
- Johnson Controls Inc.
Other Prominent Vendors:
- Autoliv
- Brose Group
- Dymos
https://www.technavio.com/%3Cp%3E%3Ca%20href%3D%22http%3A//www.technavio….
