TechNavio today launched its report, Global Automotive Interiors Market 2012-2016, based on an in-depth analysis covering the North America, Europe, APAC regions and Rest of the World. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Automotive team said: ”The Global Automotive Interiors market is affected by high operational costs, the increasing cost of raw materials, and difficulties in gaining adequate return on investment. Moreover, the market in developed nations is becoming mature and saturated, and hence manufacturers are continuously trying to penetrate untapped markets through business alliances. Various business collaborations have taken place in the market. For instance, in June 2012, Faurecia acquired Ford’s instrument panel, door panel, and center console manufacturing and cockpit assembly plant in Saline, Michigan. In conjunction with this acquisition, Faurecia entered into a joint venture with Rush Group Ltd. The joint venture, called Detroit Manufacturing Systems, will do injection molding, and assembly and sequencing of interior trim components at a new facility in Detroit.”
According to the report, one of the major drivers is the increase in automotive production and sales. In recent times, the Global Automotive market has witnessed a steady growth rate, and this is expected to continue in the coming years. The Global Automotive Interiors market is dependent on the Global Automotive market; hence steady growth in this market will boost the demand for automotive interior products.
Further, the report reveals that the presence of one of the major challenges in this market is the changing technological trends.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-automotive-interiors-market-2012…
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Automotive market research, please visit https://www.technavio.com/automotive
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TechNavio Announces the Publication of its Research Report – Global Automotive Interiors Market 2012-2016
