The Middle East and Africa (MEA) Automotive Interiors Market was estimated at US$ xx billion in 2021 and is expected to reach $ xx billion by 2027, expanding at an annual growth rate of around 5.06% between 2022-2027.
Automotive interiors are components used inside automobiles that are often made of plastics, metals, and composites. As the operational characteristics of the car reach an acceptable level of performance, consumers demand ergonomic and attractive interior design features. This section of the vehicle cabin is vital for the weight of the vehicle, so a lightweight interior material is essential to curb emission levels. The excellent characteristics of these components have led to a significant increase in the regional market share.
Market Drivers:
The automotive interior industry has seen considerable changes in recent years with the advent of advanced technologies and innovative designs to improve comfort, safety and driving factors. The complexity of control and operation of the function has been eliminated. In addition, more comfortable features and electronic systems have been introduced in the seating, lighting and infotainment systems, improving the overall experience of the vehicle driver.
Increasing traffic congestion is increasing the time people spend inside their vehicles. Therefore, there is a growing interest in the convenience features provided by cars. This has led to the development and integration of innovative technologies that reduce human effort and maximize comfort and aesthetics. OEMs integrate these technologies into their vehicles to increase overall customer satisfaction and remain competitive in the global auto interior market. As a result, many manually operated systems have been replaced by electronic control systems, and the interior of the vehicle is designed to maximize vehicle ergonomics.
Market Restraints:
While the price of a few parts inside the car has declined in recent years, advanced electronic components are still in a high price range. Also, increases in leather production costs due to supply and demand gaps and regulations related to synthetic leather will hinder future market growth. Currently, they are only available for luxury cars. It can also hamper the growth of innovative components for car interiors that have evolved throughout the automotive market.
Market Recent Developments:
Market Segmentation
Based on the Vehicle type, the Middle East and Africa automotive interiors market is segmented as Passenger cars and commercial vehicles. In 2019, passenger cars accounted for more than three-fourths of sales in the overall market. This segment has benefited from a greater willingness to spend on high-quality and durable products among consumers. It also led manufacturers to develop innovative products that offer advanced features at a lower cost. However, in the coming years, it is predicted that commercial vehicles will give a tough fight to the leading passenger cars segment.
The Middle East and African automotive interior market is segmented into instrument panels, infotainment systems, room lighting, body panels, and others. Among these, the infotainment system dominates the domestic market as a prominent part of passenger vehicles. Features such as navigation and temperature display are likely to increase the infotainment system market at a healthy pace by 2025.
Market Regional Analysis:
Constant and robust growth in car sales is expected in the coming years in MEA countries such as Egypt, South Africa, Nigeria, and Iran, and car production activity in the region is also likely to increase. The rapid development of infrastructure is increasing the demand for large commercial vehicles in the area, creating substantial opportunities for car interior manufacturers in the market.
Market Key Players:
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