(MENAFNEditorial) Market Highlights:
The automotive upholstery market has seen a steady rise in ranks of consumer preference over the years. It started out as a mere functional requirement for passengers to be seated in automobiles and provide them with barely needed amenities. With the rise of the global automotive industry, the upholstery market as well saw a gradual but considerable change. The advent of industrialization the world over made sure consumers had the surplus cash for availing amenities over and above the bare essentials. The era of the 1970s saw a big spurt in high-performance automobiles thanks to the immense popularity of Formula 1 racing. The global demand for high-performance automobiles manufactured by market bigwigs like Audi, BMW, and Mercedes, made sure the competition was intense. Naturally, every competitor tried differentiating themselves from the other by providing better and efficient features contributing to overall ride comfort. A key element in this was the upholstery, which suddenly opened almost an entire industry in alliance to the automotive industry. The biggest revolution came in this regard when in the 1990s when the U.S. government decided to cut down on their military spending. As a consequence, manufacturers and suppliers of the U.S. military services were left high and dry as their production lines and spaces were left nonfunctional. This made these suppliers focus more on the automotive industry; upholstery in particular. Seats with better cushions, military grade strength metal with a high power to weight ratio were produced. Provision of special features like seat cooling and heating system, hydraulic seat adjustment, electronically controlled seats became the order of the day. This revolution in the car seat manufacturing technology led to further aesthetical developments. Entire dashboard design, carpet flooring, roof, car boot space now can be customized. The color scheme of car interiors is now meticulously planned to suit the overall set up. Companies like Rolls Royce provide complete customization option with regards to automotive upholstery starting from color selection, fabric selection, the color of threads required for stitching, the texture of the fabric. All in all the market has a bright future and numerous creative prospects ahead.
On the basis of region, the market is segmented based on North America, Asia Pacific, Europe, and Rest of the World. The market in the U.S. in specific has huge potential in the upholstery segment primarily because the people in the U.S. have a unique taste and style of customizing their cars according to their requirement. Asia Pacific region houses two of the biggest emerging economies in the world China and India. Both these countries are emerging automotive hubs, where the demand for luxury vehicles is increasing at a steady pace. Increasing vehicle production coupled with adding demand of the luxury segment will drive the automotive upholstery forward. In the European market, the penchant of consumers towards luxury brands is well known, but due to the weak economy, demand from the European countries would be less compared to the Asian countries.
Access Report Details @ https://www.marketresearchfuture.com/reports/automotive-upholstery-market-5676
Drivers:
The scope of the Report
This study provides an overview of the Global Automotive Upholstery Market, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Global Automotive Upholstery Market by its Application, Fabric, Material Type, Vehicle Type and region
- By Application
- Carpet Flooring
- Side Lining
- Seat Cover
- Trunk Space
- Visor Linings
- Roof Linings
- By Fabric
- Woven
- Knit
- By Material
- Leather
- Synthetic leather
- Hand Woven Material
- Cotton
- Resin
- Vinyl
- By Vehicle Type
- Passenger Car
- Commercial Car
- By Region
- North America
- Europe
- Asia Pacific
- Rest of the World
Key Players
The key players in Automotive Upholstery Market are Lear Corporation (U.S.), Adient PLC (U.S), Toyota Boshoku (Japan), and Faurecia (France), Johnson Controls International Plc (Ireland), Katzkin (U.S.), Grammer AG (Germany), Acme Mills Company (U.S.), Borgers Se & Co. KGaA (Germany), Grupo Antolin (Spain), Haartz Corporation (U.S.), Seiren Co. (Japan).
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:
Market Research Future
+1 646 845 9312
Email:
MENAFN1403201800703489ID1096592349
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.