Automotive Interior Component Market, By Components (Infotainment, Instrument Cluster, Telematics, Flooring, Door Panel, Automotive Seat, and Others), By Vehicle Type (Passenger Vehicle and Commercial Vehicle), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa).

Published In : Feb 2024

Code : CMI6684

Pages :138

Formats :

Excel and PDF

Industry : Polymers and Resins

Market Concentration and Competitive Landscape

Automotive Interior Component Market Concentration, By Players

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Rise of Ride-Hailing Services and Shared Mobility

The rapid growth of transportation networks companies operating ride-hailing services has brought about new requirements for vehicle interiors. Fleet operators partnering with these companies need fleet vehicles that can efficiently serve multiple riders daily and withstand the rigors of commercial use. This has boosted demand for durable and easily cleanable interior components that can endure frequent disinfection without degrading in quality. There is a growing focus on materials that do not absorb odors or stains and can be wiped down quickly between rides. Easy-to-clean leatherette and vinyl upholstery instead of fabric is now common in these fleet vehicles. Lighting manufacturers also provide customizable interior lighting solutions for driving and rider comfort. The exploding popularity of shared mobility is poised to open new verticals for automotive interior suppliers catering to commercial applications with an emphasis on parts tailored for vehicle sanitization requirements in between shared use. This novel mobility landscape will open fresh avenues for innovation and revenue growth.

Key Players Insights