The Automotive Seats Market is predicted to rise to USD 65,569 million by 2028, witnessing 2.9% CAGR during 2021-2028

Introduction of the Automotive Seats Market Report

Automotive seats are part of vehicles designed to accommodate, comfort, and protect occupants in case of sudden brake or acceleration. It is made up of plastics, foam, and metal structures and is widely available in several types.

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Market Dynamic

Key Drivers and Emerging Trends

The factors driving the global Automotive Seats Market include the increasing sales of vehicles that will drive the growth of global automotive Seats Market. For instance, according to OICA, in 2020, the global sales of vehicles was 77.9 million. Moreover, an increase in technological advancement has also boosted the growth of this market. For instance, seats are being innovated with the fabric-based heaters, powered, and ventilated applications with massage seats are expected to boost the market growth. Additionally, climate controlling seating technology in car which are perforated inserts with chiller and fans that cool the seats instatntly. For instance, companies such as BMW, Jaguar, Mercedes-Benz, and Cadillac, offers innovative front passenger car seats.

Restraint in the Automotive Seats Market

However, increasing concerns related to the modular seats costs are expected to hamper market growth. Moreover, these seats are not available in mid-range vehicles which has hampered the growth of automotive seats market.

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Type – Segment Analysis

Based on the Type, bucket seats are expected to grow at a higher CAGR rate in the global Automotive Seats Market during the forecast period owing to the increasing production of vehicles at a global level. These seats are installed with the purpose of safety concern as well as for the better performance. Additionally, these seats provide better grip and more comfortable to the drivers. Thus, this factor further boost the growth of this segment.

Vehicle – Segment Analysis

Based on the vehicle, passenger car is projected to grow at a higher CAGR rate in the global Automotive Seats Market during the forecast period due to the rising sale of passenger vehicle over the globe has boosted the growth of this market. For instance, according to OICA in 2020, the sale of passenger vehicle was 53.5 million globally.

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Regional – Segment Analysis:

Based on the region, Asia-Pacific region is expected to grow at a higher CAGR rate in the global Automotive Seats Market during the forecast period due to the presence of leading manufacturers in this region such as Yanfeng Automotive Interior Systems Co., Ltd, TOYOTA BOSHOKU CORPORATION, TACHI-S CO., LTD etc. Additionally, the global sales of new vehicles are highest in APAC region and according to OICA the global sale of new vehicle in Jan-June 2021 is 21.3 million in Asia pacific region.

Top Market Players

Various notable players operating in the market, include, Adient plc, Lear, Faurecia, TOYOTA BOSHOKU CORPORATION, Yanfeng Automotive Interior Systems Co, TACHI-S CO., LTD, Magna International Inc, GENTHERM., NHK SPRING Co.,Ltd., TS TECH CO.,LTD., among others.

Key Developments:

• • In Feb 2020, TOYOTA BOSHOKU CORPORATION announced the development of a new Automotive Seat Technology with a comfortable and convenient function for Toyota Yaris in Japan to attract its new customers.
  • In Jan 2020, Adient, one of the leading manufacturer in automotive seating sold its Recaro Automotive Seating to Raven Acquisitions LLC.
    Segments covered in the Report:
    The global Automotive Seats Market has been segmented on the basis of Type, Vehicle, and regions. Based on Type, the market is segmented into Bucket Seat and Bench Seat. Based on Vehicle, the market is segmented into Passenger Vehicle, Light Commercial Vehicle and Heavy Commercial Vehicle.

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Key questions answered in this research report:

• • At what pace is global Automotive Seats Market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Automotive Seats Market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Automotive Seats Market?
  • Which Type generated maximum revenues in 2020 and identify the most promising Type during the forecast period?
  • What are the various Vehicle areas of global Automotive Seats Market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

 

Report Coverage	Details
Market Base Year	2020
Market Forecast Period	2021-2028
Market Revenues (2028)	USD 65,569 Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Type, By Vehicle, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Adient plc, Lear, Faurecia, TOYOTA BOSHOKU CORPORATION, Yanfeng Automotive Interior Systems Co, TACHI-S CO., LTD , Magna International Inc, GENTHERM., NHK SPRING Co.,Ltd., TS TECH CO.,LTD., among others; a total of 10 companies covered..
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Automotive Seats Market by Type

• • Bucket Seat
  • Bench Seat

Global Automotive Seats Market by Vehicle

• • Passenger Vehicle
  • Light Commercial Vehicle
  • Heavy Commercial Vehicle

Global Automotive Seats Market by Region

• • • North America Automotive Seats Market (Option 1: As a part of the free 25% customization)
      • North America Automotive Seats Market by Type
      • North America Automotive Seats Market by Vehicle
      • US Automotive Seats Market All-Up
      • Canada Automotive Seats Market All-Up
    • Europe Automotive Seats Market (Option 2: As a part of the free 25% customization)
      • Europe Automotive Seats Market by Type
      • Europe Automotive Seats Market by Vehicle
      • UK Automotive Seats Market All-Up
      • Germany Automotive Seats Market All-Up
      • France Automotive Seats Market All-Up
      • Spain Automotive Seats Market All-Up
      • Rest of Europe Automotive Seats Market All-Up
    • Asia-Pacific Automotive Seats Market (Option 3: As a part of the free 25% customization)
      • Asia-Pacific Automotive Seats Market by Type
      • Asia-Pacific Automotive Seats Market by Vehicle
      • China Automotive Seats Market All-Up
      • India Automotive Seats Market All-Up
      • Japan Automotive Seats Market All-Up
      • Rest of APAC Automotive Seats Market All-Up
    • RoW Automotive Seats Market (Option 4: As a part of the free 25% customization)
      • RoW Automotive Seats Market by Type
      • RoW Automotive Seats Market by Vehicle
      • Brazil Automotive Seats Market All-Up
      • South Africa Automotive Seats Market All-Up
      • Saudi Arabia Automotive Seats Market All-Up
      • UAE Automotive Seats Market All-Up
      • Rest of world (remaining countries of the LAMEA region) Automotive Seats Market All-Up

Major Players Operating in the Market Name (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Adient plc
  • Lear
  • Faurecia
  • TOYOTA BOSHOKU CORPORATION
  • Yanfeng Automotive Interior Systems Co
  • TACHI-S CO., LTD
  • Magna International Inc
  • GENTHERM.
  • NHK SPRING Co.,Ltd.
  • TS TECH CO., LTD.