Growing production and sales
of vehicles to drive global automotive seat market through 2024
According
to TechSci Research report, “Global Automotive Seat Market By Technology, By
Vehicle Type, By Material, By Distribution Channel, By Region, Competition,
Forecast & Opportunities, 2024”, global automotive seat market is expected to witness
significant growth on account of increasing demand for comfortable and luxurious
seating experience. Surging need for developing lighter designs at lower cost
is anticipated to drive global automotive seat market through 2024. Moreover, rising
production and sales of automobiles globally along with open flow of capital is
further expected to positively influence the growth of global automotive seat
market in the coming years.
Global automotive seat market can be segmented based on technology, vehicle
type, material and distribution channel. In terms of technology, the market can be
segmented into powered, heated, powered & heated, massage, standard and
others. Massage seats are gaining traction in developed and developing
economies on account of growing preference and demand for comfortable and
leisure features in vehicles. Growing demand for premium vehicles is further
expected to positively influence the growth of this segment as massage seats
come in premium vehicles. On the basis of material, the market can be segmented
into fabric, genuine leather and synthetic leather. Synthetic leather segment
is predicted to grow at high rate as it is cheaper than genuine leather and
possesses elegant look.
Johnson Controls Inc., Lear Corporation, Aisin Seiki co. Ltd, Magna
International, Toyota Boshoku Corporation, NHK Spring Co. Ltd., Adient Plc,
Faurecia SA, among others are the leading players operating in global automotive
seat market. Companies operating in the market are using organic strategies
such as product launches, and mergers and collaborations in order to register
positive growth in the market. Toyota Boshoku
Corporation entered into joint sales agreement with Relan Group of Industries
for making seats and other components.
Customers can also request for 10% free customization on
this report.
“Asia-Pacific is
expected to dominate global automotive seat market owing to high production and
sales of automobiles in the economies such as China, India and Japan. Moreover,
emerging trends in the automotive seating, rising foreign direct investment and
government policies are further anticipated to boost Asia-Pacific automotive
seat market during forecast period.” said Mr. Karan Chechi, Research Director
with TechSci Research, a research based global management consulting firm.
“Global Automotive Seat Market By Technology, By Vehicle Type, By Material, By
Distribution Channel, By Region, Competition, Forecast & Opportunities,
2024” has
evaluated the future growth potential of global automotive seat market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decision. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in global automotive seat market.
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About TechSci Research
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Research specializes in research based consulting assignments in high growth
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