Germany Automotive Textiles Market Size, Share, and COVID-19 Impact Analysis, By Product (Woven, Nonwoven, and Composites), By Application (Upholstery, Tires, Safety Devices, and Engine Components), and Germany Automotive Textiles Market Insights, Industry Trend, Forecasts to 2033.
Industry: Automotive & TransportationGermany Automotive Textiles Market Insights Forecasts to 2033
- The Germany Automotive Textiles Market Size was valued at USD 4.23 Billion in 2023.
- The Market Size is Growing at a CAGR of 3.61% from 2023 to 2033
- The Germany Automotive Textiles Market Size is Expected to Reach USD 6.03 Billion by 2033.
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The Germany Automotive Textiles Market Size is Anticipated to Reach USD 6.03 Billion by 2033, growing at a CAGR of 3.61% from 2023 to 2033.
Market Overview
Automotive textiles used in both the transportation and automobile industries are known as automotive textiles. Safety, convenience, and attractiveness play major roles in the selection of car textiles. The vehicle industry uses these textiles for a range of purposes, including sound absorption, safety measures, and interior fixtures. Additionally, automobile textiles are non-apparel textiles that are extensively utilized in automobiles, buses, trains, airplanes, and marine vehicles. Therefore, all textile components, such as fibers, filaments, yarns, and fabric used in cars, are included in the phrase "automotive textile." Approximately two-thirds of car textiles are used for interior trim, such as carpets, door and roof liners, and seat covers. The remainder is used to strengthen airbags, safety belts, hoses, tires, etc.
Report Coverage
This research report categorizes the market for the Germany automotive textiles market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the French automotive textiles market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Germany automotive textiles market.
Germany Automotive Textiles Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 4.23 Billion |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 3.61% |
2033 Value Projection: | USD 6.03 Billion |
Historical Data for: | 2019-2022 |
No. of Pages: | 180 |
Tables, Charts & Figures: | 110 |
Segments covered: | By Product, By Application |
Companies covered:: | Adler Pelzer Group, Autoliv, Cap Seine, ELeather, Global Safety Textiles, SGL Carbon, TEC-KNIT Creativcenter für Technische Textilien GmbH, and other key companies. |
Pitfalls & Challenges: | Covid-19 Empact, Challenges, Growth, Analysis. |
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Driving Factors
Textile materials can be utilized to adorn interior components, such as door panels or seats, and they can draw purchasers who value the high level of craftsmanship in automobile manufacturing. Additionally, the textile fabric was chosen because it is manageable, washable, and long-lasting. In addition, the driver will find the textile fabric comfortable to sit on during lengthy journeys. Furthermore, the world's center for the production of luxury cars is Germany, which produces 65% of the premium branded automobiles sold worldwide. Because luxury interiors, upholstery, and componentry are made of high-quality materials, the automotive industry's dominance also drives demand in allied industries, such as the automotive textile business. The automotive textile market in Germany is so greatly boosted by the strength of its automotive industry.
Restraining Factors
The demand for automotive fabric is facing challenges in some market sectors due to the availability of replacement materials such as natural leather.
Market Segmentation
The Germany automotive textiles market share is classified into product and application.
- The woven segment is expected to hold a significant market share through the forecast period.
The Germany automotive textiles market is segmented by product into woven, nonwoven, and composites. Among these, the woven segment is expected to hold a significant market share through the forecast period. Due to woven materials are composed of two interlocking threads, they are more durable than knit materials. This makes them perfect for soft things like garments that are worn out easily. There are several uses for woven textiles, such as airbag fabrication in automobile engineering and textiles for electronic devices.
- The upholstery segment is expected to hold a significant share of the Germany automotive textiles market during the forecast period.
Based on the application, the Germany automotive textiles market is divided into upholstery, tires, safety devices, and engine components. Among these, the upholstery segment is expected to hold a significant share of the Germany automotive textiles market during the forecast period. Upholstery not only protects passengers' backs and spines but also enhances driving posture and overall driving pleasure, making cars more aesthetically pleasing.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the Germany automotive textiles market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Adler Pelzer Group
- Autoliv
- Cap Seine
- ELeather
- Global Safety Textiles
- SGL Carbon
- TEC-KNIT Creativcenter für Technische Textilien GmbH
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In January 2022, renowned automobile safety system manufacturer Autoliv and SSAB have joined forces to conduct research and develop fossil-free steel elements for airbag and seatbelt products.
Market Segment
This study forecasts revenue at Germany, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Germany Automotive Textiles Market based on the below-mentioned segments:
Germany Automotive Textiles Market, By Product
- Woven
- Nonwoven
- Composites
Germany Automotive Textiles Market, By Application
- Upholstery
- Tires
- Safety Devices
- Engine Components
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