Drive on: Increased disposable income will drive demand for new vehicles, bolstering revenue

Historically, automakers have been the main drivers of demand for the Automobile Interior Manufacturing industry. Over the five years to 2017, demand for automobiles has increased in line with the improving economy, prompting automakers to increase production. As a result, upstream suppliers experienced heightened demand. Over the five years to 2017, industry revenue is expected to increase. Over the five years to 2022, the automotive sector is expected to continue to globalize as industry operators expand in emerging economies. Furthermore, disposable income is expected to trend higher, bolstering demand for automobiles and therefore, boosting industry revenue...purchase to read more.

Industry Statistics & Market Size
Revenue
$31bn
Annual Growth 12-17
5.5%
Forecast Growth 17-22
Profit
Employment
65,250
Businesses
431
Market Share of Companies

Industry Threats & Opportunities

  • Favorable domestic economic conditions are expected to bolster profit growth
  • Exports are expected to follow overall revenue trends as the global economy continues to improve
  • As external forces benefit downstream markets, industry operators will continue to recover
  • Industry Report - Industry SWOT Analysis Chapter

    Over the 10 years to 2022, industry value added (IVA), which is a measure of the industry's contribution to the overall economy, is projected to increase at an annualized rate of 5.5%. Conversely, US GDP is forecast to grow at an annualized rate of 2.0% over the same period. Although IVA is expected to grow at a faster rate than the overall economy, this is not indicative of an industry in the growth stage of its life cycle. Industries in the automotive sector experienced significant revenue declines during the economic downfall. As a result, growth rates over the 10-year period are higher than historical growth rates. Consequently, the Automobile Interior Manufacturing industry should be considered in the mature stage of its life cycle...purchase to read more.

    Additional Insights for the Automobile Interior Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Automobile Interior Manufacturing Industry are

  • Access to the latest available and most efficient technology and techniques
  • Effective cost controls
  • Undertaking technical research and development
  • IBISWorld analysts also discuss how external factors such as Demand from car and automobile manufacturing and Number of motor vehicle registrations in the Automobile Interior Manufacturing industry impact industry performance..

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    What's in this report

    What is the Automobile Interior Manufacturing Industry?

    Companies in this industry manufacture motor vehicle seats and a variety of interior components, including motor vehicle upholstery, seat covers and seat belts.

    Industry Products
  • Auto trimmings
  • Seat and safety belts
  • Seats for cars, light trucks, buses and heavy trucks
  • Seat covers
  • Seat frames
  • Other seats and interior trim
  • Industry Activities
  • Motor vehicle seat
  • Motor vehicle seat frame
  • Motor vehicle seat belt
  • Motor vehicle interior-trimming
  • Aircraft seat
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from car and automobile manufacturing
  • Number of motor vehicle registrations
  • Consumer Confidence Index
  • Trade-weighted index

  • Current Performance
  • Rising off a low base
  • Other demand trends
  • Contract pressures
  • Chart: Revenue Growth

  • Industry Outlook
  • Redemption road
  • Opportunities for growth
  • Enterprise growth
  • Table: Automobile Interior Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Automobile Interior Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Car & Automobile Manufacturing
  • SUV & Light Truck Manufacturing
  • Truck & Bus Manufacturing
  • Truck, Trailer & Motor Home Manufacturing
  • Aircraft, Engine & Parts Manufacturing

  • Key Selling Industries
  • Leather Good & Luggage Manufacturing
  • Synthetic Fiber Manufacturing
  • Textile Mills
  • Urethane Foam Manufacturing

  • Products & Services
  • Seats for cars, light trucks, buses and heavy trucks
  • Auto trimmings
  • Seat and safety belts
  • Seat frames
  • Other seats and interior trim
  • Seat covers
  • Chart: Automobile Interior Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Motor vehicle assemblers (OEMs)
  • Aftermarket retailers
  • Exports
  • Chart: Major Market Segmentation for the Automobile Interior Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Chart: Cost Structure Benchmarking – Sector vs Automobile Interior Manufacturing

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Automobile Interior Manufacturing Industry

  • Industry Globalization
    Adient PLC, Lear Corporation,
  • Table: Adient PLC - financial performance
  • Table: Lear Corporation - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Automobile Interior Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Automobile Interior Manufacturing Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Motor vehicle registrations (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Aftermarket
  • The secondary market of the automotive industry, concerned with the manufacturing, distribution, retailing and installation of all vehicle parts after the sale of the automobile to the consumer.
  • Hybrid-Electric Vehicles
  • Vehicles that use two different power sources to run. In most cases, they refer to vehicles that use an electric battery in conjunction with a gasoline engine.
  • The Big Three
  • The name given to General Motors, Ford and Chrysler.
  • Tier-One Suppliers
  • Suppliers that manufacture parts that are directly used in motor vehicle assembling, such as parts sold to automakers.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Automobile Interior Manufacturing Industry Research Report offers insight into the market at the national level. Our analysis highlights macro trends in the overall sector and the micro trends faced by companies that do business in the Automobile Interior Manufacturing industry. Our five-year outlook forecasts explain how the market is set to change and the product segments that will drive growth.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Automobile Interior Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Automobile Interior Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Automobile Interior Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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