Global Headliner (OE) Market Size By Product (Thermoplastic, Thermoset), By Application (Passenger Vehicle, Commercial Vehicle), By Geographic Scope And Forecast
Published on: 2024-08-03 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Headliner (OE) Market Size By Product (Thermoplastic, Thermoset), By Application (Passenger Vehicle, Commercial Vehicle), By Geographic Scope And Forecast
Headliner (OE) Market Size And Forecast
Headliner (OE) Market size was valued at USD 12.39 Billion in 2021 and is projected to reach USD 18.40 Billion by 2030, growing at a CAGR of 4.50% from 2023 to 2030.
Driving factors for Headliner (OE) Market are the growing demand for vehicles with increasing income levels and rising disposable income. Low-interest rate vehicle loans are the demand for premium vehicles and augmented apprehension about enhancing vehicle cabin appearance and comfort while traveling will create opportunities in the Headliner (OE) Market. The Global Headliner (OE) Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Headliner (OE) Market Definition
The headliner is the coverage provided on the inside of the vehicle roof. They play a key role in enhancing the aesthetic appearance of the vehicle interiors. Headliner substrate can be made from thermoset or thermoplastics according to specific applications. Different types of fabrics are used as laminate materials for improved aesthetics. The headliner defends the occupants of the vehicle from injury caused due to a straight impact on the roof of the vehicle. Owing to its exceptional benefits headliners find wide applications in passenger vehicles and commercial vehicles.
Global Headliner (OE) Market Overview
Vehicle interior has been a crucial factor that produces considerable appeal among vehicle owners, by way of it develop the comfort and ergonomics of the vehicle. Headliners play a key role in enhancing the aesthetic advent of vehicle interiors. With the changing lifestyle and demand for convenient, simple, and posh interiors are expected to drive the Headliner (OE) Market at a substantial growth rate. A majority of luxury car owners prefer headliners due to their elegant appearance, style, and design which are further projected to propel the market.
There are certain restraints and challenges faced which will hinder market growth. High costs associated with the material and emerging competitors can hamper the growth of the Headliner (OE) Market. Material required for the manufacturing of the Headliner possesses high cost which in turn increases the final cost of the product. This high-cost product may affect overall growth in emerging markets.
Global Headliner (OE) MarketSegmentation Analysis
The Global Headliner (OE) Market is Segmented on the basis of Product, Application, and Geography.
Headliner (OE) Market, By Product
- Thermoplastic
- Thermoset
Based on Product, the market is bifurcated into Thermoplastic and Thermoset. The Thermoplastic segment is anticipated to grow at a significant CAGR in the forecast period owing to its outstanding properties.
Headliner (OE) Market, By Application
- Passenger Vehicle
- Commercial Vehicle
Based on Application, the market is bifurcated into Passenger Vehicle and Commercial Vehicle. The Passenger Vehicle is anticipated to have the highest CAGR in the forecast period owing to the continuous rise in demand for passenger vehicles across the globe. Additionally, the passenger vehicle segment has been divided into a sedan, hatchback, and utility vehicles. Growth in the popularity of utility vehicles among the youth population, augmented daily commute by working-class people from suburban areas near metropolitan cities, carpooling, and a rise in purchasing power of consumers is expected to boost the utility vehicle sub-segment.
Headliner (OE) Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the world
On the basis of Geography, the Global Headliner (OE) Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The largest share of the market will be dominated by the Asia Pacific. Emerging economies and enormous growth in manufacturers across the region like South Korea, China, Japan, and India will generate more opportunities in this region. An increase in disposal income, tough competition, and a growing population in this region will open more opportunities in Headliner (OE) Market.
Key Players
The “Global Headliner (OE) Market” study report will provide valuable insight emphasizing the global market. The major players in the market are Adient, Atlas Roofing Corporation, Grupo Antolin, Harodite Industries, Howa-Tramico, IAC Group, Industrialesud, Lear Corporation, Motus Integrated Technologies, Sage Automotive Interiors, SMS Auto Fabrics, Toray Plastics, Toyota Boshoku Corporation, UGN Inc., Freudenberg Performance Materials.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
Product Launches/Developments/Expansion
- In November 2021, Grupo Antolin created the first automobile headliner substrate produced from plastic waste and used tires to develop a sustainable business. The goal was to reduce waste and energy consumption throughout the manufacturing process and address the growing demand for environmentally friendly interiors among car consumers.
- In August 2018, with the opening of its new state-of-the-art plant in Manesar, International Automotive Components (IAC), a primary global provider of automotive components and lightweight vehicle solutions, expanded its manufacturing and engineering capabilities in the Indian market to produce vehicle headliners, center console systems, and instrument panel components.
Partnerships, Collaborations and Agreements
- In March 2022, Grupo Antolin collaborated with ams OSRAM AMLS on innovative features for digital projection systems on headliner substrates.
Mergers and Acquisitions
- In August 2019, Janesville Fiber Solutions, formerly a Jason Industries, Inc. division, was acquired by Motus Integrated Technologies, a Tier 1 and Tier 2 supplier of automotive interior products, to add its innovative high-performance engineered acoustical and thermal fiber automotive solutions.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
Study Period | 2018-2030 |
Base Year | 2021 |
Forecast Period | 2023-2030 |
HISTORICAL PERIOD | 2018-2020 |
UNIT | Value (USD Billion) |
Key Companies Profiled | Adient, Atlas Roofing Corporation, Grupo Antolin, Harodite Industries, Howa-Tramico, IAC Group, Industrialesud, Lear Corporation. |
Segments Covered |
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Customization scope | Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope. |
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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