Global Automotive Upholstery Market: Key Highlights
Global Automotive Upholstery Market: Key Market Dynamics
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Global Automotive Upholstery Market: Regional Overview
The Asia-Pacific region is projected to be the largest contributor to the automotive upholstery market owing to the growing automotive sector. The growth in the automotive sector in this region is mainly due to increasing vehicle production, high demand for luxury vehicles and automotive interiors which are boosting the growth of the automotive upholstery market. Among the Asia Pacific, China is one of the prominent destinations for the automotive market, which is projected to drive the market.
The automotive sector plays a vital role in boosting the European economy. The growing automotive sector in the region is the prominent factor pushing the overall economy. In Europe, 19.2 million vehicles are manufactured every year as per the data shared by the European Automobile Manufacturers Association (ACEA). The increasing vehicle production and customers liking towards high-end vehicles with flashy interiors in Europe have boosted the automotive upholstery market.
Global Automotive Upholstery Market: Key Players Overview
Lear Corporation is a US-based company engaged in manufacturing automotive, seating systems, terminals, junction boxes, connectors, wiring harnesses, body control electronics, audio systems, and wireless products. Lear Corporation focuses on manufacturing components that contribute towards weight saving and uses luxurious leather or advanced fabrics for seat covers. The company uses seat surfaces material applications such as laser etching, perforations, embossing, custom finishing techniques, and polymer printing.
TOYOTA BOSHOKU CORPORATION is a Japan-based company. The company is specialized in manufacturing automotive parts and textile products. TOYOTA BOSHOKU CORPORATION is expertise in providing automobile interior components like carpets, seats, door trims, headliners and others as well as exterior components like fender liners and bumpers.
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