Report Description

Saudi Arabia automotive interior market is anticipated to witness robust growth during the forecast period, 2023-2027. Factors such as the high demand for SUVs and the increased customer preference for comfort features in an automobile are driving the demand for the Saudi Arabia automotive interior market. Also, the rapid launch of semi-autonomous and autonomous vehicles in the market and the ongoing technological advancements are expected to create significant growth opportunities for the Saudi Arabia automotive interior market over the next five years.

High Demand for SUVs Drives the Market Growth

In 2020, 452.54 thousand units of total vehicles were sold in Saudi Arabia. The country has abundant resources of oil & gas. Customers prefer to buy SUVs as they provide a comfortable and luxurious experience to the passengers and the availability of oil at low prices. Also, the government had recently lifted the ban on purchasing 7-seater or larger SUVs, which is expected to boost the demand for SUVs in the region considerably. Harsh climatic conditions and the high disposable income of the consumers enable them to afford a quality lifestyle. The large families could easily accommodate large spaces and have head and legroom space. SUVs have a massive frame and can provide enough room to transport loads of luggage without dropping the back seats. SUVs have a larger load-carrying capacity which makes them suitable for long-distance traveling. SUVs are safer to drive and are integrated with driver assistance systems that lower the risk of driving and alert the driver in time to prevent road accidents. Market players are launching SUVs in the environment-friendly market and are fuel-efficient to propel the sales of SUVs of their respective brands. SUVs or luxury cars are equipped with several interior components that provide consumers with an enhanced traveling experience. The rise in the demand for SUVs among consumers is expected to bolster the growth of the Saudi Arabia automotive interior market over the forecast period.

Technological Advancements of Automotive Interior Components Supports High Market Demand

Market players are investing in research and development activities to find innovative solutions to upgrade the existing infrastructure. Manufacturers are making efforts to find lightweight materials and technologies to reduce the vehicle's weight. The weight of the automobile can also be lowered by changing the weight of the seats. Lightweight material makes the vehicles more fuel-efficient. The automotive interior component manufacturers have started to use plastics in vehicle doors and instrument panels. Manufacturers use a different kind of plastic and finishing according to the price range of the vehicle. Furthermore, the market players have started integrating advanced technologies like voice command control, internet of things technology, and 3D map navigation facility in the in-dash navigation system of the automobile, which is garnering significant attention from the potential customers across the country. 

Increased Popularity of Autonomous and Semi-Autonomous Vehicles Boosts the Market Growth

The Kingdom of Saudi Arabia has allocated funds worth $500bn to invest in the development of Neom, a smart city. It will be built from scratch, and the residents will use the fully autonomous vehicle for daily commute purposes. The demand for autonomous vehicles is expected to positively affect the advanced automotive interior technologies as they need the interior components to switch between the different driver modes seamlessly. Also, the sales of semi-autonomous vehicles are accelerating at a rapid pace as they contain a combination of automated and manual functions. They are expected to fuel the demand for electronic cockpit systems, which need to be installed in semi-autonomous vehicles.


Download Free Sample Report

Market Segmentation

The Saudi Arabia automotive interior market is segmented into vehicle type, component, material, regional distribution, and competitive landscape. Based on vehicle type, the market is divided into passenger Car, LCV, and M&HCV. Based on component, the market is divided into center stack, display, seat, door panel, headliner, interior lightings, dome module, infotainment system, and others. Based on material, the market is divided into leather, fabric, plastic, glass, wood, and fiber. To analyze the market based on the region, the Saudi Arabia automotive interior market is studied in major regions namely north & central region, southern region, western region, and eastern region.

Market Players

Robert Bosch GmbH, Continental AG, Denso Corporation, Panasonic Corporation, Magna International Inc., Lear Corporation, Faurecia S.A., Visteon Corporation, Yanfeng Automotive Interiors, Faurecia SE, are the major market players operating in the Saudi Arabia automotive interior market.

Attribute

Details

Base Year

2021

Historic Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Vehicle Type

·         Component

·         Material

Regional scope

Northern & Central, Southern, Eastern, Western

Key companies profiled

Robert Bosch GmbH, Continental AG, Denso Corporation, Panasonic Corporation, Magna International Inc., Lear Corporation, Faurecia S.A., Visteon Corporation, Yanfeng Automotive Interiors, Faurecia SE

Customization scope

10% free report customization with purchase. Addition or alteration to regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, Saudi Arabia automotive interior market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Saudi Arabia Automotive Interior Market, By Vehicle Type:
    • Passenger Car
    • LCV
    • M&HCV
  • Saudi Arabia Automotive Interior Market, By Component:
    • Center Stack
    • Display
    • Seat
    • Door Panel
    • Headliner
    • Interior Lightings
    • Dome Module
    • Infotainment System
    • Others
  • Saudi Arabia Automotive Interior Market, By Material:
    • Leather
    • Fabric
    • Plastic
    • Glass
    • Wood
    • Fiber
  • Saudi Arabia Automotive Interior Market, By Region:
    • Northern & Central
    • Southern
    • Eastern
    • Western

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Saudi Arabia automotive interior market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Saudi Arabia automotive interior market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]  

Table of content

1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Impact of COVID-19 on Saudi Arabia Automotive Interior Market

5.    Voice of Customer

5.1.  Factors Influencing Purchase Decision

5.2.  Aided Brand Recall and Unaided Brand Recall

5.3.  Brand Satisfaction Level

6.    Saudi Arabia Automotive Interior Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Vehicle Type (Passenger Car, LCV, M&HCV)

6.2.2.     By Component (Center Stack, Display, Seat, Door Panel, Headliner, Interior Lightings, Dome Module, Infotainment System Others)

6.2.3.     By Material (Leather, Fabric, Plastic, Glass, Wood, Fiber, etc.)

6.2.4.     By Region (Northern & Central, Southern, Eastern, Western)

6.2.5.     By Company (2021)

6.3.  Product Market Map (By Vehicle Type, By Region)

7.    Saudi Arabia Passenger Car Interior Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Vehicle Type (Hatchback, Sedan, SUV/MPV)

7.2.2.     By Component

7.2.3.     By Material

8.    Saudi Arabia LCV Interior Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Vehicle Type (Pick Up Truck, Van)

8.2.2.     By Component

8.2.3.     By Material

9.    Saudi Arabia Electric M&HCV Interior Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Vehicle Type (Truck, Bus)

9.2.2.     By Component

9.2.3.     By Material

10.  Market Dynamics

10.1.              Drivers

10.2.              Challenges

11.  Market Trends and Developments

12.  Policy and Regulatory Landscape

13.  Saudi Arabia Economic Profile

14.  Competitive Landscape

14.1.              Company Profiles (Partial List of Leading Companies)

14.1.1.  Robert Bosch GmbH

14.1.2.  Continental AG

14.1.3.  Denso Corporation

14.1.4.  Panasonic Corporation

14.1.5.  Magna International Inc.

14.1.6.  Lear Corporation

14.1.7.  Faurecia S.A.

14.1.8.  Visteon Corporation

14.1.9.  Yanfeng Automotive Interiors

14.1.10.                Faurecia SE

15.  Strategic Recommendations

About Us & Disclaimer

Figures and Tables

Frequently asked questions

down-arrow

The high demand for SUVs and the increased customer preference for comfort features in an automobile are driving the demand for the Saudi Arabia automotive interior market.

down-arrow

Robert Bosch GmbH, Continental AG, Denso Corporation, Panasonic Corporation, Magna International Inc., Lear Corporation, Faurecia S.A., Visteon Corporation, Yanfeng Automotive Interiors, Faurecia SE are the key players operating in the Saudi Arabia automotive interior market.

down-arrow

Based on vehicle type, the market is divided into passenger car, LCV, and M&HCV. The passenger car segment is expected to hold the largest market share in the forecast period.

down-arrow

Based on material, the market is divided into leather, fabric, plastic, glass, wood, and fiber. The fiber segment is expected to account for significant market share in the forecast period.

profile

Srishti Verma

Business Consultant
Press Release

Saudi Arabia Automotive Interior Market to be dominated by Passenger Car through 2027

May, 2022

The high demand for luxury vehicles and the rise in safety concerns among consumers are driving the demand of Saudi Arabia automotive interior market in the forecast period, 2023-2027.