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Automotive Seat Market by Type (Bench, Bucket, Folding, and Others), Technology (Powered, Heated, Powered & Heated, Standard), Material (Genuine Leather, Synthetic Leather, and Fabric), Vehicle Type (Passenger Car and Commercial Vehicle), and region with Global Industry forecast to 2023.Leading Players Studied In Report:
Leading players in the global automotive seat market include RECARO Automotive, TM Automotive Seating Systems Private Limited, Grammer Seating Systems, Marter Automotive Seating Systems, Tata Autocomp Systems Limited, Fisher and Company, Aktis Engineering Solutions, DURA Automotive Systems, Magna International Inc., IFB Automotive, TS Tech Co. Ltd., Toyota Boshoku Corporation, Faurecia, Lear Corporation, and Johnson Controls.
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Market Overview:
The global automotive seat market is mainly driven by the growing demand for passenger vehicles from emerging regions around the world, which has led to a corresponding increase in the demand for other automotive components, both mechanical and aesthetic. The global automotive industry has been driven at a solid pace by the growing demand for premium cars from consumers in emerging regions such as Asia Pacific, the Middle East, and Latin America. The growing disposable income of consumers in these regions is also a major driver for the global automotive seat market. The latest research report from Market Research Future (MRFR) presents a comprehensive overview of the global automotive seat market.
The growing disposable income of consumers is also likely to result in an increasing demand for posh, premium seat with a luxurious feel. This is likely to be a determinant driver for the global automotive seat market over the forecast period, as the demand for premium products is likely to drive rampant product innovation in the global automotive seat industry.
The environmental viability of the materials used to make automotive seat is also likely to remain a key factor in the development of the global automotive seat market over the forecast period. the growing demand for recyclability in automotive components is likely to drive the demand for biodegradable or recyclable materials. In May 2019, Lenzing, a textile industry leader, and Rinspeed, a leading Swiss automaker, announced a collaboration to produce automotive seat from wood-based textiles. Lenzing has already developed its own brand of wood-based textile called Tencel, which it intends to use for manufacturing automotive upholstery products. Such efforts could become increasingly common and significant in the global automotive seat market over the forecast period.
Segmentation:
The automotive seat market is segmented based on type, material, technology, vehicle type, and region.
By type, the market is segmented as bench, bucket, folding, and others. The bench seat segment is expected to dominate the global automotive seat market over the forecast period due to the ability to accommodate more than two people on bench seating, which allows for maximum efficiency in the utilization of seating space in a car. This is likely to be a major driver for the global automotive seat market over the forecast period.
By technology, the market has been segmented into powered, heated, powered and heated, and standard. The powered and heated seat segment is expected to exhibit steady growth over the forecast period due to the growing demand for passenger comfort and luxuries such as heated seats in high-end cars. The growing demand for high-end cars from the increasing affluent consumers in emerging regions is likely to play a major role in the development of the global automotive seat market over the forecast period.
By material, the global automotive seat market is segmented into genuine leather, synthetic leather, and fabric.
By vehicle type, the market is segmented into passenger and commercial.
Regional Analysis:
North America dominates the global automotive seat market, followed by Europe and Asia Pacific. The increasing preference for SUVs and other large cars in North America is a major driver for the global automotive seat market, as it drives the demand for large volumes of seat products. The growing demand for smart automotive seat products and more premium versions is likely to be a major driver for the global automotive seat market over the forecast period. Europe is also likely to retain a significant share in the global automotive seat market over the forecast period due to the growing demand for premium automobiles with a luxurious feel.
Asia Pacific is likely to exhibit rapid growth in the global automotive seat market over the forecast period due to the growing demand for automobiles in Asia Pacific countries such as China, India, and Japan. Japan has long been one of the leading technological innovators in the global automotive industry and witnesses a stable demand for premium, luxurious automotive seat products. The growing demand for passenger vehicles in Asia Pacific is likely to be a major driver for the global automotive seat market over the forecast period.
TABLE OF CONTENTS:
1 EXECUTIVE SUMMARY
2 SCOPE OF THE REPORT
2.1 MARKET DEFINITION
2.2 SCOPE OF THE STUDY
2.2.1 DEFINITION
2.2.2 RESEARCH OBJECTIVE
2.2.3 ASSUMPTIONS
2.2.4 LIMITATIONS
2.3 RESEARCH PROCESS
2.3.1 PRIMARY RESEARCH
2.3.2 SECONDARY RESEARCH
2.4 MARKET SIZE ESTIMATION
2.5 FORECAST MODEL
3 MARKET LANDSCAPE
3.1 PORTER’S FIVE FORCES ANALYSIS
3.1.1 THREAT OF NEW ENTRANTS
3.1.2 BARGAINING POWER OF BUYERS
3.1.3 BARGAINING POWER OF SUPPLIERS
3.1.4 THREAT OF SUBSTITUTES
3.1.5 SEGMENT RIVALRY
3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS
4 MARKET DYNAMICS
4.1 INTRODUCTION
4.2 MARKET DRIVERS
4.3 MARKET RESTRAINTS
4.4 MARKET OPPORTUNITIES
4.5 MARKET TRENDS
Continued…
List Of Tables:
Table 1 Global Automotive Seat Market: By Region, 2017-2023
Table 2 North America Automotive Seat Market: By Country, 2017-2023
Table 3 Europe Automotive Seat Market: By Country, 2017-2023
Table 4 Asia Pacific Automotive Seat Market: By Country, 2017-2023
Table 5 RoW Automotive Seat Market: By Country, 2017-2023
Table 6 Global Automotive Seat Market, By Type, By Regions, 2017-2023
Table 7 North America Automotive Seat Market, By Type, By Country, 2017-2023
Table 8 Europe Automotive Seat Market, By Type, By Country, 2017-2023
Continued…
LIST OF FIGURES:
FIGURE 1 Research Process Of MRFR
FIGURE 2 Top Down & Bottom Up Approach
FIGURE 3 Market Dynamics
FIGURE 4 Impact Analysis: Market Drivers
FIGURE 5 Impact Analysis: Market Restraints
FIGURE 6 Porter’s Five Forces Analysis
FIGURE 7 Value Chain Analysis
FIGURE 8 Global Automotive Seat Market SHARE, By Type, 2016 (%)
Continued…
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Website: https://www.marketresearchfuture.com/reports/automotive-seat-market-5495
Release ID: 512840
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