The North American automotive interior trim market will grow to over $10 billion by 2009, according to research conducted by CSM Worldwide. The growth represents a 33 percent increase from the $7.5 billion market in 2004. CSM’s figures, based on piece-cost estimates, represent the combined market value for the following interior components: door trim panels, floor carpeting, floor consoles, headliners, instrument panels and package trays.
“There is a big push in North America to have interior trim materials, sound quality, and overall fit and finish to equal that of European and Japanese luxury models,” said Don Montroy, CSM market analyst, North American Component Forecasts. The market has also seen an increase in electronic integration with traditional interior trim pieces in recent years. Montroy believes that trend will continue to grow.
Of further note is the control that the top suppliers exert on the market, according to CSM. Nearly $5 billion (or 65 percent) of the $7.5-billion market comes from the top five suppliers. This trend is likely to continue as five out of the top ten interior trim market suppliers have significant electronic capabilities: Visteon, Lear, Johnson Controls, Delphi and CalsonicKansei.
The rank order (by estimated dollar value) for the top ten suppliers in the North American interior trim market (door trim panels, floor carpeting, floor consoles, headliners, instrument panels and package trays) is as follows:
1. Visteon
2. Collins & Aikman
3. Lear
4. Johnson Controls
5. Intier
6. Delphi
7. CalsonicKansei
8. M-Tek
9. Faurecia
10. Intertec
CSM Worldwide (www.csmauto.com) supports more than 350 of the world's top automakers, suppliers and financial organizations with market intelligence and forecasting services. With corporate offices in metro Detroit, CSM Worldwide covers the global automotive environment from London, Frankfurt, Tokyo, Sao Paulo, Singapore, Shanghai, Bangalore, and Budapest.
