The Worldwide Automotive Seat Industry is Expected to Reach $103.7 Billion by 2027 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--Nov 15, 2022--

The "Automotive Seat Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

The global automotive seat market size reached US$ 79.6 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 103.7 Billion by 2027, exhibiting a CAGR of 4.51% during 2021-2027.

Companies Mentioned

• Adient plc
• Aisin Seiki Co. Ltd.
• Faurecia SE
• Gentherm Incorporated
• Lear Corporation
• Magna International Inc.
• NHK SPRING Co. Ltd
• TACHI-S CO. LTD.
• TOYOTA BOSHOKU CORPORATION
• TS TECH CO. LTD.

Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

An automotive seat is a safety-critical system used to provide comfort and protect occupants in case of sudden brake or acceleration. It is generally made using foam, plastics, and metal structures and widely available in several types. For instance, a standard car seat is designed to support thighs, buttocks, and lower and upper back.

Moreover, a front driver and passenger seat comprises three main parts, including a squab, cushion, and headrest. Nowadays, manufacturers are incorporating innovative features, such as folding pads, laptop stands, and airbags, to provide more comfort and safety to the rider.

The increasing sales of vehicles represent one of the key factors driving the market. Moreover, the rising number of road accidents is catalyzing the demand for innovative safety features like dual airbags and seatbelt pretensioners to prevent injury during vehicle crashes or severe collisions.

Additionally, governing authorities of various countries are mandating the installation of baby car seats to avoid fatal accidents and maximize car safety for children. This, in confluence with the growing concerns among parents about the safety of their children, is also contributing to market growth.

Apart from this, the emerging trend of autonomous vehicles is encouraging manufacturers to design intelligent seating systems with superior comfort and ergonomics and light and sustainable materials. Furthermore, several leading players are incorporating automotive seat with smart sensors, air moving devices, high-power-density heaters, and convective heaters, which is anticipated to present lucrative opportunities to the market players.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global automotive seat market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on material type, seat type, vehicle type and vehicle energy source.

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
• United States
• Canada
• Asia-Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Others
• Latin America
• Brazil
• Mexico
• Others
• Middle East and Africa

Key Questions Answered in This Report:

• How has the global automotive seat market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the global automotive seat market?
• What are the key regional markets?
• What is the breakup of the market based on the material type?
• What is the breakup of the market based on the seat type?
• What is the breakup of the market based on the vehicle type?
• What is the breakup of the market based on the vehicle energy source?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global automotive seat market and who are the key players?
• What is the degree of competition in the industry?

For more information about this report visit https://www.researchandmarkets.com/r/uds8g2

View source version on businesswire.com:https://www.businesswire.com/news/home/20221115005921/en/

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SOURCE: Research and Markets

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