The Global Automotive Seats Market size is projected to grow at a CAGR of around 3.0% during the forecast period, i.e., 2025-30. according to MarkNtel Advisors Study.
Global Automotive Seats Market Driver:
Ever-Expanding Demand for Hybrid and Electric Vehicles – 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.
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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Global Automotive Seats Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2024
-Historical Period: 2020 to 2023
-Forecast Period: 2025 to 2030
- 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
- Africa
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – 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., Others are looking forward to strengthening their market positions.
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Global Automotive Seats Industry Recent Development:
In December 2022, Faurecia SE (Faurecia) announced that it has signed a development agreement with Indorama Ventures, a leader in the production and recycling of PET (polyethylene terephthalate), to create a new line of cushioning solutions called “Auraloop” for the mobility market that is constructed from a structure of 100% recyclable polyester-based fibers.
In February 2022, Kia in India launched a new affordable MPV Carens with front ventilated seats offering assortment functionalities such as ventilation, heating, and massaging.
In January 2022, Toyota Boshaku Corporation developed seats with an electric retraction mechanism and other interior components for LEXUS NX.
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