The market for automotive headliner market is anticipated to reach a value of US$ 19,391.9 Million in 2023 and US$ 30,695.1 Million in 2033. During the projected period, the market for automotive headliner sales is anticipated to expand significantly at a CAGR of 5.0%.
The main driving causes behind industrial expansion are the increased demand for passenger cars, severe governmental requirements, or programmers who advocate the use of lightweight auto parts.
The market for automobile headliner has expanded as a result of rising consumer demand for cutting-edge, upscale interior design.
Long-term growth in demand for automotive components is anticipated to be fueled by advances in the creation of sustainable and eco-friendly materials for automotive applications and growing investments in the production of electric vehicles.
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The demand for automotive roof headliners will rise over the coming years due to improvements in autonomous vehicles, increased demand for luxury or premium cars, and the emerging trend of improving vehicle interior cabin aesthetics while optimising passenger comfort.
OEMs will rely more on auto headliner suppliers to fuel expansion as there are more chances to sell large numbers of products and to benefit from economies of scale.
The market would increase significantly if cutting-edge technology was used while taking environmental factors into consideration.
Key Takeaways from the Automotive Headliners Market
- Passenger cars to dominate the segment with 84.3% share in global market. Automotive headliners play an important role in providing an attractive interior design for various passenger vehicles in order to attract customers in a competitive marketplace.
- The synthetic cloth segment will dominate the material segment with share of over 23.21%. As synthetic fabrics are versatile and long-lasting, they are a popular choice for automotive interiors and among manufacturers.
- Germany is set to grow at 6.4% by 2033 due to the favorable policies by European Union’s in implementing strict emission regulations and focusing on reducing the kerb weight of vehicles.
- The rising mergers and collaborations as well as the expansion in headliners manufacturing facilities among eminent manufacturers in U.K would lead its market growth trajectory to 4.3% by 2033.
- S. to dominate the revenue share with 15.3% contribution in the global markets. U.S.had witnessed high sales in sports and luxury vehicles due to growing disposable income and high availabilities.
- India would be the most lucrative market among other regions with a growth trajectory of 5.3% by 2033. Growing vehicle manufacturing facilities and high emphasis on vehicle safety and standards shows an opportunistic prospect for Indian market.
Competitive Landscape
Key players in the automobile interior industry include Continental AG, Magna International Inc., Denso Corporation, Faurecia, Adient, and others. Due to numerous methods employed by major product manufacturers to achieve a competitive edge, such as concentrated research and development operations, new product developments, acquisitions, etc., the automotive interiors market is projected to experience rivalry in the upcoming years.
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Key Segments Covered in the Automotive Headliner Market Report
By Headliner Type:
- Soft Top
- Hard Top
By Material:
- Foam-backed Cloth
- Cotton-napped Cloth
- Synthetic Cloth
- Perforated Cloth
By Vehicle Type:
- Passenger Car
- Light Commercial Vehicle
- Heavy Commercial Vehicle
By Sales Channel:
- Hard Top
- Soft Top
Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific excluding Japan (APEJ)
- Japan
- Middle East & Africa (MEA)
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Latest Developments in the Automotive Headliner Market
In October 2020, Oracle Lighting unveiled the new StarLINER ColorSHIFT Fibre Optic hardtop headliner. The Gladiator JT and Warngler JL vehicle types are intended for use with the product.
In July 2019, International Automotive Components (IAC Group) disclosed plans to increase its presence in the UK. The Elmdon headliner production facility will be expanded to achieve this.
In an effort to promote the use of sustainable materials in the automobile industry, SEAT will introduce Ku-Fizz, a unique physical foam technology for vehicle headliners that lightens plastic components, at its 2nd Innovation Day in November 2020.
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