MarkNtel Advisors – Leading Market Research Company found Global Automotive Seats Market is expected to reach 3.0% CAGR Growth By 2028.
This report provides a comprehensive analysis of the Global Automotive Seats Market, with a focus on market size, segmentation, key players, geographical analysis, and growth in the coming years. The expert team of analysts invested considerable time and effort in collecting and analyzing the latest market data, producing a comprehensive and current report that provides valuable insights for decision-makers, including business owners and analysts.
Comprehensive Analysis of the Automotive Seats Market
Base Year: 2022
Forecast Years: 2023-2028
Historical Years: 2018-2021
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Scope of the Automotive Seats Market Report:
The Global Automotive Seat Market is projected to grow at a CAGR of around 3.0% during the forecast period, i.e., 2023-28. The growth is primarily attributed to the elevating demand and development of hybrid and electric vehicles, which mainly incorporate modular seating systems. Additional features, including climate control, ventilation, better support, noise cancellation, safety, and more, are projected further to garner consumer interest and open avenues for the market. In addition, the rising focus on advanced driver assistance, electric vehicles, high-end cars, SUVs, and more is further expanding the market.
Which prominent factor is expected to drive the Automotive Seats Market during 2023-28?
The growing acceptance of hybrid and electric vehicles in emerging nations has accelerated automotive seat sales. With developments in the automotive industry, manufacturers focus on lightweight seats, comfort, and advanced features to lure more consumers. Besides, the manufacturer’s focus on smart cars is raising the market for smart seats. In addition, rising focus on advanced driver assistance, especially in automatic and semi-automatic vehicles, electric vehicles are likely to influence further development in the industry. Furthermore, government initiatives in emerging countries to promote electric vehicles consecutively propagate the seating enhancement industry. Thus, new advancements and increasing attention to hybrid and electric vehicles across developing countries are driving the automotive seat industry.
What are the different Segment Available in the Automotive Seats Market?
By Type of seat
- Split seat
- Bench seat
- Split Bench seat
By Type of Vehicle
- Passenger commercial Vehicles
- Heavy commercial vehicles
- Light commercial vehicles
By Distribution channel
- OEM
- Aftermarket/ Retrofitting
By Technology
- Standard seats
- Powered seats
- Heated seats
- Ventilated seats
- Massage seats
- Bucket seats
By Material
- Fabric
- Synthetic Leather
- Genuine Leather
By Region
- North America
- Latin America
- Europe
- Asia-Pacific
- Middle East.
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Leading Automotive Seats companies operating in the Market
- Faurecia Services Group Sasu
- Dura Automotive Systems, LLC
- Lear Corporations
- Magna International Inc.
- Toyota Bushoku Corporation
- Tata Autocomp Systems
- Fisher and Company
- Johnson Controls Inc.
- Grammer Seating Systems
- TS Tech Co. Ltd.
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