Rise in demand for safety features expected to drive Global Automotive Seats Market over the forecast period: Ken Research

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Automotive seat is a vital part of a vehicle that is designed to accommodate and comfort to the person who is driving. It is available in several forms, from simple seating systems to complex ones. It offers a stylish look to a vehicle as it has ability to integrate many interior parts and different type of fabric materials. It is designed to support thighs, lower and upper back, buttocks, and head. It is usually made up of steel, polyester, aluminum, or mixed material.

Global Automotive Seats MarketAccording to study, “Global Automotive Seats Market Size study, by Technology (Heated Seats, Heated & Powered Seats, Massage Seats, Memory Seats, Powered Seats, Standard Seats and Ventilated Seats) by Trim Material (Fabric, Genuine Leather and Synthetic Leather) and by Components (Armrest, Pneumatic System, Seat Belt, Seat Frame and Structure, Seat Headers, Seat Height Adjuster, Seat Recliners, and Seat Track) by Vehicle Type (Passenger Car, Light Commercial Vehicles, Heavy Trucks and Buses) by Electric & Hybrid Vehicle (Battery Electric Vehicles, Hybrid Electric Vehicle and Plug-In Hybrid Electric Vehicle) by Type (Bucket Seat and Split Bench) and Regional Forecasts 2018-2025.” The key companies operating in the global automotive seats market are Aisin Seiki Co. Ltd., Gentherm, Adient Plc., IFB Automotive, DURA Automotive Systems, TM Automotive Seating Systems Private Limited, Marter Automotive Seating Systems, Fisher and Company, Lear Corporation, Toyota Boshoku Corp., Faurecia Services Groupe Sasu, Johnson Controls Inc., Magna International Inc., NHK Spring Co. Ltd., TS Tech, Tachi-S.

Based on seat type, automotive seats market is segmented into folding seat, split bench and bucket seat. Based on technology, market is segmented into massage seats, heated seats, heated & powered seats, memory seats, standard seats, powered seats, and ventilated seats. Based on trim material, market is segmented into genuine leather, fabric, and synthetic leather. Based on component type, market is segmented into armrest, seat belt, pneumatic system, seat frame & structure, seat height adjuster, seat headers, seat recliners, and seat track. Based on vehicle type, market is segmented into light commercial vehicles, passenger vehicle, heavy trucks and buses. The passenger vehicle segment holds largest share in market due to higher production rate of passenger cars. Based on electric & hybrid vehicle, market is segmented into hybrid electric vehicle, battery electric vehicles, and plug-in hybrid electric vehicle. In addition, based on vehicle energy source, market is segmented into electric, diesel, gasoline and LPG.

The automotive seats market is driven by rise in need for lightweight seat frame, followed by growth in sales of luxurious & premium vehicles in developing countries, increase in comfort to the rider, rise in government initiatives for foreign direct investments, growth in demand for safety features, rise in preference for heated seats in luxury vehicles and increase in need of climate-controlled seat technology. However, slow-down in the sales & production of automobiles and volatility in the prices of metal may impact the market. Moreover, increase in popularity of autonomous vehicles and rise in demand of animal products free vehicles are key opportunities for market.

Based on geography, the Asian-Pacific region dominates the automotive seats market owing to rise in technological advancements and increase in disposable income in the region. The North-American and European regions are estimated to witness substantial growth rate due to increase in demand for passenger vehicles and change in lifestyle of people over the forecast period. In upcoming years, it is projected that future of the market will be bright as a result of rise in demand for comfortable & luxurious seating features during the forecast period. It is predicted that the market will be reached at US $72.2 billion by 2025.

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Global Automotive Seats Market

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Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91 9015378249

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