October 26, 2020
According to the research report titled ‘Automotive Headliners Market Size By Material (Plastic, Fabrics), By Vehicle, By Distribution Channel, Industry Analysis Report, Regional Outlook, Application Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026‘, available with Market Study Report, global automotive headliners market is expected to amass significant growth during 2020-2026.
Increasing trends of vehicle modification, high demand for passenger cars and rising technological developments are the major factors expected to drive the global automotive headliners market during forecast period.
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For those uninitiated, automotive headliner is usually implemented on the vehicle roof in order to improve its interiors and to provide an element of insulation. They are usually made up of lightweight materials. Automotive headliners are one of the important aspects of vehicles as they offer sound and vibration damping and integration of lighting which provides safety during accidents.
Moreover, recent technological developments have resulted in development of advanced headliners with several functions and modularizations, which in turn is positively influencing the global automotive headliners market outlook.
Although rising prevalence of COVID-19 has caused adverse effects on the automotive industry, studies predict a shift in mobility and automotive sector after the pandemic owing to emergence of latest business models, thereby aiding global automotive headliners market growth in the upcoming years.
With respect to material type, the global automotive headliners market is segmented into fabrics and plastics. Based on distribution channel, the industry is bifurcated into aftermarket and OEM.
With regards to vehicle type, the global automotive headliners market is bifurcated into light commercial vehicles, passenger cars, and heavy commercial vehicles. Among these, the passenger cars segment is expected to witness 65% growth rate during the forecast period. High demand for luxury passenger car vehicles and increasing sales of electric automotive are fueling the segmental share.
From a regional point of view, Middle East & Africa automotive headliners market is expected to witness a growth rate of 4% through 2026, mainly due to increasing demand for passenger cars, especially the luxury and sports automobiles, as well as rising trends of vehicle modification in the region. Also, the Saudi Arabia government had lifted the ban on female drivers in 2018, which in turn is expected to contribute towards the industry growth in Middle East & Africa.
Key players operating in global automotive headliners market are International Automotive Components Group LLC, SA Automotive Ltd., Toyota Boshoku Corporation, Kasai North America Inc., Grupo Antolin-Irausa, S.A., UGN Inc., Acme Auto Headlining Co., Motus Integrated Technologies, Howa Co. Ltd., Johns Manville Corporation, Hayashi Telempu Corporation, and Acme Auto Headlining Co.