Automotive Interiors & Exteriors
Consolidation continues for Automotive Interiors & Exteriors
Automotive Interiors & Exteriors continues to benefit from strong industry trends, such as greater emphasis on vehicle differentiation and the integration of additional features. The global market is forecasted to grow by CAGR of 3.3%, reaching €316bn by 2020.
Consolidation continues to race along in the Interiors & Exteriors segment of the Automotive Suppliers market, driven by divestitures from conglomerates who are choosing to focus on more profitable ‘core’ activities. Strategic investors (primarily specialists) are seizing on the opportunity for (‘bolt-on’) acquisitions – to enhance and to diversify their product and customer portfolios, and to expand international footprints.
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