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Stock impact report

Rising Demand for Connected Features Drives Significant Growth in the Automotive Interior Market with a CAGR of 4.9% from 2024 to 2034 | Future Market Insights, Inc. [Yahoo! Finance]

Visteon Corporation (VC) 
Last visteon corporation earnings: 4/30 06:55 am Check Earnings Report
US:NYSE Investor Relations: visteon.com/investors
Company Research Source: Yahoo! Finance
The integration of crucial safety technologies like airbags, collision avoidance systems, and advanced driver assistance systems (ADAS) is a fundamental aspect of interior design, enhancing both safety and the overall driving experience. NEWARK, DE / ACCESSWIRE / November 25, 2024 / The global automotive interior market is projected to reach a valuation of USD 166.7 billion in 2024 and is expected to grow at a CAGR of 4.9% from 2024 to 2034. By 2034, the global market is anticipated to attain a value of USD 270 billion. This growth is largely driven by the rising demand for connected features in vehicles. Consumers are increasingly favoring in-car technologies such as Wi-Fi connectivity, seamless smartphone integration, and advanced navigation systems, which are fueling the expansion of the market. Additionally, the market is benefiting from the growing emphasis on vehicle safety. Heightened awareness about the importance of safety features has led to advancements and innovation Show less Read more
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