Automotive Interiors Market 2023 Analysis and Strategic Growth by Leading Key Players: JOHNSON CONTROLS, MAGNA INTERNATIONAL, PANASONIC CORP and DELPHI AUTOMOTIVE

Market Analysis:

The European region is the most significant market for automotive infotainment systems due to the presence of manufacturing facilities of largest premium automakers and the fastest growing market for these systems is the Asia-Pacific region. Also, the demand for premium vehicles is increasing in China and India supported by high economic growth rates in these countries which are also among the largest automotive markets in the world.

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The introduction of autonomous vehicles will transform the interiors of the automobile, as the role of infotainment systems will play a major role in advanced automobiles such as connected cars and autonomous vehicles for navigation, connectivity, safety, and comfort. The market for infotainment systems will be further strengthened by investment being made by automakers and tech companies. As and when autonomous cars start entering the market the driver will become the passenger opening up a wide array of opportunities for the automotive seating segment besides infotainment systems.

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Market Segments:
Agricultural Machinery Market is segmented by:
1. Type: Tractors(Compact Utility Tractors, Utility Tractors, Row Crop Tractors), Plowing and Cultivating Machinery(Ploughs, Harrows, Cultivators & Tillers), Planting Machinery(Seed Drills, Planters, Spreaders), Harvesting Machinery(Combine Harvesters-Threshers, Forage Harvesters, Others ), Haying And Forage Machinery(Mower-Conditioners, Balers, Tedders and Rakes), Irrigation Machinery(Sprinkler Irrigation, Drip Irrigation )
2. Geography: North America, South America, Europe, Asia Pacific, Middle East & Africa

Key Developments:
June, 2017: CVC Capital Partners has agreed to acquire Pasubio, a specialised provider of premium leather for the automotive industry, from the Pretto family. Pasubio supplies leather interiors for the premium segment for clients like Jaguar Land Rover Group, Volkswagen Group (Porsche, Lamborghini, Bentley, and Skoda), FCA Group (Maserati and Alfa Romeo), BMW and PSA.

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This release was published on openPR.