India Passenger Vehicle Market is forecasted to grow at 6.1% with factors such as rising demand for customization and luxurious vehicle, use of smart interior fabric are the major drivers fueling the growth of India passenger vehicle interior market

Automotive industry in India has transformed over the few years. Huge investments from international players and introduction of smart technologies in the passenger vehicles impacted positively on the India passenger vehicle interior market. Growing production and demand for passenger vehicles in India has supplemented the passenger vehicle interior market growth. 

Passenger Vehicle Interior Market Scenario

International Automotive Components (IAC) Group is a premium supplier of interior systems and components with major market share. The market leader, IAC Group accounts an estimated market share of approximately 15% to 17% of passenger vehicle interior market in the India.

In the year 2018, IAC Group expanded its portfolio into the Indian market with its new manufacturing plant in Maneser (Haryana). The company has invested more than USD 2 million to modernize infrastructure and equipment. IAC Group will manufacture center console systems, instrument panel components, vehicle headliners, and will deliver extended manufacturing and engineering support for Indian as well as global original equipment manufacturer (OEM) customers in the automotive industry.

Trends impacting the market

Now the question is which other regions IAC Group, Faurecia, Varroc Group, Robert Bosch Gmbh, and Grupo Antolin are targeting? Data Bridge Market Research has forecasted a large growth in passenger vehicle interior by component. The companies are focusing on domestic as well as international automotive aftermarket to solidify their position.

India Passenger Vehicle Interior Market is becoming more competitive every year with companies like Faurecia and IAC Group are the market leaders for India Passenger Vehicle Interior. The Data bridge market research new reports highlight the major growth factors and opportunities in the India Passenger Vehicle Interior market.

For More Analysis on the India Passenger Vehicle Interior Market request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=india-passenger-vehicle-interior-market

New India Passenger Vehicle Interior Market Developments in 2019

  • In November 2019, Autoliv Inc, introduced the front centre airbag in order to prevent passengers from colliding. This launch will surely makes rides much safer and therefore would boost the market growth.
  • In November 2019, Ford Motor Company, unveiled 3D knitting technology for the customization of automotive interior fabric which would produce seamless seat covers and would add to the product portfolio of the company.

Scope of the India Passenger Vehicle Interior Market

Analysis of the India passenger vehicle interior market is further analysed based on maximum granularity into further segmentation. On the basis of component the market is segmented into cockpit module, central console, interior lighting, door panel, dome module, and others. Based on vehicle type, the market is segmented into sedan, sport utility vehicle (SUV), hybrid India Passeger Vehicle Intriors (HEVs), hatchback, and coupe. On the basis of mode of channel, the market is segmented into OEM and aftermarket

To know more about the study https://www.databridgemarketresearch.com/reports/india-passenger-vehicle-interior-market

Key Pointers Covered in the India Passenger Vehicle Interior Market Industry Trends and Forecast to 2027

  • Market Size
  • India Passenger Vehicle Interior Regulatory Framework and Changes
  • Market Shares in different regions
  • India Passenger Vehicle Interior Recent Developments for Market Competitors
  • India Passenger Vehicle Interior Recent market value for different regions
  • India Passenger Vehicle Interiors ales data for Market Competitors
  • India Passenger Vehicle Interior key vendors and disruptors study
  • India Passenger Vehicle Interior Supply Chain Competiveness
  • India Passenger Vehicle Interior Infrastructure Development

Key Market Competitors Covered in the report

  • IAC Group
  • Varroc Group
  • Continental Ag
  • Faurecia
  • Grupo Antolin
  • Robert Bosch Gmbh
  • `Lear Corporation
  • Visteon Corporation
  • Motherson Group
  • Tachi-S Co.,Ltd
  • Hella Gmbh & Co. Kgaa.

Above are the key players covered in the report to know about more and exhaustive list of India Passenger Vehicle Interior companies contact us https://www.databridgemarketresearch.com/toc/?dbmr=india-passenger-vehicle-interior-market

Research Methodology: Global India Passenger Vehicle Interior Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Government fleets, transport agencies, personal consumers.
  • Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

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