North America Automotive Interior Component Market Research Report Forecast to 2030
The North America Automotive Interior Component Market is consistently growing due to the increasing prominence of electric vehicles. Furthermore, growing consumer demand and market innovation in several parts of North America are likely to drive the region’s market throughout the forecast year. The automotive interior components market encompasses the development of infotainment, instrument cluster, telematics, flooring, door panel, automotive seat, and interior lighting. The automotive interior components mainly focus on the ergonomic and comfort of the passenger.
The North America Automotive Interior Component Market is projected to grow at 6.0% CAGR during the forecast period, 2022–2030. In 2021, the North America Automotive Interior Component Market was dominated by the US with a 69.4% share, followed by Mexico, and Canada with shares of 19.2%, and 11.3% respectively in the year 2021.
Market Segmentation The North America Automotive Interior Component Market has been segmented based on component, vehicle type, and country. Based on components, the North America Automotive Interior Component Market has been segmented into infotainment, instrument cluster, telematics, flooring, automotive seats, door panel, and interior lighting. The automotive seats segment is estimated to grow at 3.5% during the forecast period, while in 2021, and it accounted for a 21.0% share.
Based on Vehicle Type, the North America Automotive Interior Component Market has been segmented into passenger vehicles and commercial vehicles. The commercial vehicle segment is expected to grow at 5.7% during the forecast period and it is expected to hold 80.2% of the North America Automotive Interior Component Market in year 2021.
Major Players Toyota Boshoku Corporation, Lear Corporation, Faurecia S.A., Continental AG, Visteon Corporation, and Harman International are some key players operating in the North America automotive interior components market.
Companies Mentioned Toyota Boshoku Corporation Lear Corporation Faurecia S.A. Continental AG Visteon Corporation and Harman International
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1 Executive Summary 11
1.1 North America Automotive Interior Component Market, By Component 13
1.2 North America Automotive Interior Component Market, By Vehicle Type 14
2 Market Introduction 15
2.1 Definition 15
2.2 Scope Of The Study 15
2.3 Research Objective 15
2.4 Market Structure 16
3 Research Methodology 17
3.1 Research Process 17
3.2 Primary Research 18
3.3 Secondary Research 19
3.4 Market Size Estimation 20
3.5 Forecast Model 21
3.6 List Of Assumptions 22
4 Market Dynamics 23
4.1 Overview 23
4.2 Drivers 24
4.2.1 Increasing Prominence Of Electric Vehicles 24
4.2.2 Increasing Consumer Demand And Market Innovations 24
4.3 Restraints 25
4.3.1 High Cost Associated With Electrical Interior Features 25
4.4 Opportunities 26
4.4.1 Growth Potential Of Autonomous Vehicle Industry In The Region 26
4.5 Impact Analysis Of Covid-19 27
4.5.1 Economic Impact On The Automotive Industry 27
4.5.2 Impact On The North America Automotive Interior Components Market 27
4.5.3 Impact On Supply Chain Of North America Automotive Interior Compoenents Market 27
4.5.3.1 Price Variation Of Key Raw Materials 27
4.5.3.2 Production Shutdown 27
4.5.3.3 Cash Flow Constraints 28
4.5.3.4 Impact On Import/Export 28
4.5.4 Impact On Market Demand For North America Automotive Interior Components Market 28
4.5.4.1 Impact Due To Restrictions/Lockdown 28
4.5.4.2 Consumer Sentiments 28
4.5.5 Impact On Pricing Of North America Automotive Interior Components 28
5 Market Factor Analysis 29
5.1 Supply Chain Analysis 29
5.1.1 R&D 30
5.1.2 Component Supply 30
5.1.3 Manufacture & Assembly 30
5.1.4 Sales & Distribution 30
5.1.5 End Users 30
5.2 Porter's Five Forces Model 31
5.2.1 Threat Of New Entrants 31
5.2.2 Bargaining Power Of Suppliers 32
5.2.3 Threat Of Substitutes 32
5.2.4 Bargaining Power Of Buyers 32
5.2.5 Intensity Of Rivalry 32
6 North America Automotive Interior Component Market, By Component 33
6.1 Overview 33
6.2 Infotainment 34
6.3 Instrument Cluster 34
6.4 Telematics 34
6.5 Flooring 34
6.6 Automotive Seats 35
6.7 Door Panel 35
6.8 Interior Lighting 35
7 North America Automotive Interior Component Market, By Vehicle Type 36
7.1 Overview 36
7.2 Passenger Vehicle 37
7.3 Commercial Vehicle 37
8 North America Automotive Interior Component Market, By Country 38
8.1 Overview 38
8.1.1 North America Automotive Interior Component Market, By Region, 2018–2030 39
8.1.2 Us 39
8.1.2.1 Us: Automotive Interior Component Market, By Component, 2018–2030 40