India Interior Car Accessories Market Overview, 2028

India Interior Car Accessories Market Overview, 2028

In India the Automotive sector is one of the key sectors of the Indian economy and has experienced rapid growth over the past few decades. The Indian automotive industry is continue to grow in the coming years, driven by factors such as rising incomes, increasing urbanization, and a growing middle class. With growing automotive sector in India people preference also increasing with customization of the cars. Market for car interior products will continue to expand and diversify, creating new opportunities for manufacturers and suppliers in India. The Indian car Interior market is also increasingly focused on safety features, with consumers looking for products such as airbags, anti-lock brakes, and electronic stability control. Manufacturers of car interior products that incorporate these features may have a competitive advantage. The government's Make in India campaign aims to promote domestic manufacturing and encourage foreign investment in the country. This initiative has helped to attract new manufacturers and suppliers of car interior products to set up operations in India.

According to the research report ""India Interior Car Accessories Market Overview, 2028,"" published by Bonafide Research, the car interior market is anticipated to grow over 10% CAGR by 2023-28. India car interior market is growing because in India there is rapid growth of the car, in India there is rise in income people spend on the customization car interior products. Indian consumers are increasingly interested in car interior products that incorporate advanced technology, such as touchscreens, Bluetooth connectivity, and other high-tech features. Manufacturers that can offer such products may have a competitive advantage in the market. Indian consumers are becoming more aware of the importance of car aesthetics and are looking for ways to customize their cars and make them stand out. . Based on the report segment the car interior Accessories market is growing with the Air Freshener, Interior Lighting growing with the Highest CAGR. This has led to a growing demand for premium and customized extra car interior products.

Based on the Report the car interior market is segmented into electronic accessories (car audio, car video, car chargers, mobile holders, car vacuum cleaners, inflators and compressors, car Bluetooth accessories, car GPS tracker & navigation, reverse parking system, etc.), consoles and organizers, mats, interior covers, central locking systems, armrests, communication systems, dash kits, sunshades, interior lighting, air fresheners, interior chrome accessories, and others like seat neck cushions, gear knobs, etc.

In India With rising incomes, consumers are becoming more willing to spend money on high-quality and customized car interior products, creating new opportunities for manufacturers and suppliers. There is a growing trend in India towards eco-friendly and sustainable products and manufacturers that can offer environmentally friendly car interior products may have a competitive advantage in the market. The car interior market in India is highly competitive, with a large number of manufacturers and suppliers operating in the space. Indian consumers are highly price-sensitive, and there is a strong demand for affordable car interior products that offer good value for money. The rise of e-commerce in India has created new distribution channels for car interior products, allowing manufacturers to reach a wider audience and sell directly to consumers through online marketplaces.

In India startups for the car interior like the Auto form, Elegant, Carax, Motoziel and Auto Furnish they all offer the variety of the car interior products. The Indian government has implemented various regulations and initiatives to promote the growth and development of the car interior market in the country. The government has reduced the Goods and Services Tax (GST) rate on car accessories from 28% to 18%, making it more affordable for consumers to purchase car interior products. The government has launched National Automotive Testing and R&D Infrastructure Project (NATRiP), which is aimed at promoting the development of a robust automotive testing and R&D infrastructure in the country. This initiative will help manufacturers of car interior products to improve the quality of their products and enhance their competitiveness in the market.

In Recent years the several features are launched in the car interior Accessories like the Smart Display These displays provide real-time information about the vehicle, such as speed, fuel consumption, and engine performance. They also allow drivers to control the vehicle's entertainment system and climate control settings, all from a single interface, Wireless Charging These accessories allow drivers to charge their smartphones and other mobile devices without the need for cables or cords. This is a convenient feature for drivers who use their devices frequently on the go. Digital rear-view mirrors are another new feature in car interior accessories. These mirrors use a camera to display a digital image of the area behind the vehicle, providing better visibility and reducing blind spots. They are particularly useful in vehicles with large blind spots, such as SUVs and trucks. Intelligent lighting systems are becoming more advanced in car interior accessories. These systems use sensors to detect the ambient lighting conditions and adjust the interior lighting accordingly. They can also change the color and intensity of the lighting to create a more personalized and comfortable environment for the driver and passengers.

Considered in this report
• Geography: India
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report
• India Car Interior Market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Accessories Type:
• Electronics Accessories (Car Audio, Car Video, Car Chargers, Mobile Holders, Car Vacuum Cleaners, Inflator and compressor, Car Bluetooth Accessories, Car GPS Tracker & Navigation, Reverse Parking System, etc.)
• consoles and organizers
• Mats
• Interior Covers
• Central Locking Systems
• Armrest
• Communication System
• Dash Kits
• Sunshades
• Interior Lighting
• Air Freshener
• Interior Chrome Accessories
• Others (Seat Neck Cushion, Gear Knobs, etc.)

By Distribution Channel:
• OEM
• Aftermarket
The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Car Interior industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.