The global automotive headliner market is predicted to demonstrate 5% CAGR during the forecast period (2017-2023) owing to the technological advancements, asserts Market Research Future (MRFR). Automotive headliners are referred to as a multilayered fabric, which covers the ceiling of the car. The headliners are used for functional as well as for aesthetic purposes. While the functional purpose of headliner is to offer shock absorption, insulation, and hide the wire run through roof, the aesthetic purposes are used to enhance the interior appearance of the vehicle. People spending huge amount of money on personalized vehicles to get their desired comfort level.
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Segmentation:
The automotive headliner market is segmented based on material type and vehicle types. On the basis of material type, the market is segmented as Foam-Backed, Suede Foam-Backed, Cotton Nap Based Cloth, Perforated Vinyl, Synthetic based Cloth and Composite. Foam-Backed automotive headliner market is expected to dominate the market. The Composite material market will be an emerging market for headliners. On the basis of vehicle type the market is segmented as passenger vehicles and commercial vehicles. The passenger vehicles segment is estimated to dominate the market due to an increase in production of passenger vehicles. Thus, the automotive headliner market is expected to grow at approximately 5% CAGR during the period 2017 to 2023.
Automotive Headliner Market Regional Analysis:
The market is segmented into the regions of America, Asia Pacific, Europe, and Rest of the World. Asia Pacific region is expected to dominate the market in future because of increased demand of vehicles. Europe region is next to Asia-Pacific region in terms of overall sales of automotive headliners. The dominance of German luxury car brands in Europe has boost the overall market of high-end vehicles. This is expected to leadto the increased demand of headliners during forecast period. The key factors restraining the growth of automotive headliners market are high cost and increased power consumption by automotive interior components. However, the industry will evolve with technology advancements to achieve the cost-effective solution for vehicle interiors.
The Key Players in Automotive Headliner Market Are:
Grupo Antolin (Spain), InterActiveCorp (U.S.), Lear Corporation (U.S.), Toyota Boshoku Corporation (Japan), UGN Inc. (Japan), Sage Automotive Interiors (U.S.), and Cindus Corp (U.S.). Glen Raven Inc. (U.S.), Johns Manville (U.S.) and Motus Integrated Technologies (U.S.) are among others.
The report for Global Automotive Headliner Market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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