Market Share of Europe Automotive Interiors Industry
The Europe automotive interiors market is consolidated and majorly dominated by a few players, such as Adient PLC, Faurecia, Groclin S.A, Recaro Group, and Grammer AG. The market is highly driven by factors like advanced technology, more comfort, growing investment in R&D projects, and a growing market of electric and autonomous vehicles around the region. To provide a more luxurious experience to the people, major automotive interior manufacturers are focusing on developing new products. For instance,
- In July 2023, at the IAA Mobility 2023 event in Munich, Germany, Faurecia announced its technology in three strategic growth areas: electrification and energy management, safe and automated driving, and digital and sustainable cockpit experiences. FORVIA will demonstrate seats, electronics, interiors, lighting, HMI, and displays that will help to reduce CO2 emissions in the cockpit.
Hence, such developments are expected to drive the European automotive interiors market.
Europe Automotive Interiors Market Leaders
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Adient PLC
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Faurecia
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Groclin S.A
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Recaro Group
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Grammer AG
*Disclaimer: Major Players sorted in no particular order
