IMARC Group has recently released a new research study titled “Automotive Seat Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
How big is the automotive seat market?
The global automotive seat market size reached US$ 83.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 107.9 Billion by 2028, exhibiting a growth rate (CAGR) of 4.18% during 2023-2028.
Industry Overview:
An automotive seat is a critical component of a vehicle that provides a comfortable seating arrangement for the driver and passengers. It is designed to support the body, reduce fatigue, and provide safety during the vehicle’s operation.
Automotive seats are typically made of materials, such as leather, vinyl, or fabric, and are often equipped with seat belts and airbags for added safety. The design and construction of automotive seats have evolved over the years, with the latest advancements incorporating advanced technologies, such as sensors and smart materials, to enhance comfort and safety. Modern automotive seats are engineered to meet the ergonomic requirements of various body types, and they come with features, such as adjustable lumbar support, headrests, and seat heating and cooling.
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Automotive Seat Market Growth Drivers and Trends:
The increasing demand for comfortable and safe driving experiences represents a significant factor driving the market growth across the globe. This is primarily attributed to the increasing amount of time people spend in their cars, leading to higher demand for advanced features, such as adjustable lumbar support, headrests, and seat heating and cooling. In line with this, the widespread adoption of electric vehicles (EVs) is contributing to the growth of the market.
Apart from this, the rising trend of vehicle customization and the increasing focus on safety and regulations mandating the use of advanced safety features, such as airbags and seat belts, in vehicles are creating a positive outlook for the market.
Competitive Landscape with Key Players:
Top Key Companies in Automotive Seat Industry
- Adient plc
- Aisin Seiki Co. Ltd.
- Faurecia
- GENTHERM
- Lear Corporation
- Magna International Inc.
- NHK SPRING Co. Ltd
- TACHI-S CO. LTD.
- TOYOTA BOSHOKU CORPORATION
- TS TECH CO. LTD.
Read Blog: https://www.imarcgroup.com/top-companies-automotive-seat-industry
Market Segmentation:
The report has segmented the market into the following categories:
Breakup by Material Type:
- Fabric
- Synthetic Leather
- Genuine Leather
Breakup by Seat Type:
- Bucket Seat
- Bench Seat
Breakup by Vehicle Type:
- Passenger Vehicle
- Commercial Vehicle
Breakup by Vehicle Energy Source:
- Gasoline
- Diesel
- Electric
- Others
Breakup by Region:
- North America
- Asia-Pacific
- Europe
- Latin America
- Middle East and Africa
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Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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