Market Overview:
The global automotive seat market is likely to record a compound annual rate of around 3.2% during the outlook period (2020-2025).
Automotive seats are structures that provide comfort for both driver and occupants of a car. Safety seats are of considerable importance because they improve driving experience and regulate driving. They are created in compliance with the chest, knee, and head tilt angle regulations to dissipate the energy of influence and consequently reduce the effect of a collision.
Improving passenger comfort has become a major consideration in the market, and seating is very important in this regard. The seats should take up as little space as possible and offer maximum comfort. As a result, consistent development is taking place in this context. Seating systems are a platform that created to accommodate individual seats in the car. The seats have grown from simple seating systems to complex masterpieces to satisfy the wishes of manufacturers and consumers.
Recent Developments:
Drivers and Restraints of Automotive Seats Market:
Drivers:
The growth of the automotive seats market is fueled by increased sales of luxury vehicles in developing countries, increased call for temperature-controlled seat technology, and rising demand for lightweight seat frames. In addition, factors such as the increase in sales of passenger vehicles due to the improvement in the lifestyle of middle-class families, as well as the increase in disposable income and the greater demand for advanced seats have stimulated growth in this market. Furthermore, the increased need for cars without animal products and the increasing popularity of autonomous vehicles should provide significant opportunities for this market growth.
Restraints:
On the other hand, the volatile costs of metals and declining car sales and production are the main factors limiting growth in the global automotive seat market.
Market Segmentation:
By Trim Material:
The greater similarity of synthetic vinyl to real leather, the high aesthetic appearance, and the reduced cost compared to real leather have led many high-end cars to use synthetic leather.
By Seat Type:
Bucket seats are widely used as a driver and co-driver seats in commercial and passenger cars. High-end vehicles also have integrated seats for the rear seats. This is the most mutual arrangement in commercial cars and the rear seats of passenger vehicles due to its cost-effectiveness. Several mid-range vehicles have integrated the bench with independent backrest, as they are cheaper than the bucket seat. It is expected to represent a significant part of the seating market due to its robust design and low price.
By Vehicle Type:
Improving comfort has become one of the most important guidelines in the passenger car market and seats are of great importance in this regard. The seats should take up as little space as possible and provide the highest level of comfort. As a result, steady growth is occurring in this segment.
By Vehicle Energy Source:
Automotive Seats Market Region-wise analysis:
Marked Segmentation based on the region:
a. Middle East
b. Africa
Cold regions, such as North America and Europe, are experiencing increased demand for heated seats. These seats have a heating function placed inside to warm the cushion, and therefore provide comfortable seats in winter. Vehicles produced by General Motors are equipped with an automatic heating option that adapts the heating control according to the temperature of the car's interior. Increased sales of high-end and luxury vehicles should trigger demand for heated seats, which should stimulate the automotive seats market. Europe leads the market due to an increased focus on maximum fuel efficiency and autonomous driving. Furthermore, interest in these features has increased due to the rising security needs in Europe. Therefore, the growth in the production segment and industrialization should create development opportunities in the automotive seats market. Interest in leather seats in China is increasing due to higher sales of premium vehicles. Consumers choose more personalized solutions for quality comfort and appeal. As China is the leader in the electric vehicle market, interest in ventilated seats is expected to grow significantly during the foreseen period.
IMPACT OF COVID-19 ON AUTOMOTIVE SEATS MARKET:
The worldwide pandemic brought about by the novel corona infection comes at a time when both the global economy and the car business were seeking after recuperation. The outright greatness of effect relies upon the length of progressing lockdown and the effect caused by this pandemic.
The beginning of Covid-19 has negatively affected the car business. It is evaluated that further decrease in passenger vehicle request is normal with optional spend assuming a lower priority, which is determined to impede the global automotive seats market.
Key Players of Market:
The major players operating in this market are Adient plc, Aisin Seiki Co., Ltd, Faurecia, GENTHERM, Lear Corporation, Magna International Inc, NHK SPRING Co., Ltd., Tachi-s Co., Ltd., Toyota Boshoku Corporation, and TS Tech Co., Ltd.
1. Introduction
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.1.1 Drivers
4.1.2 Restaints
4.1.3 Opportunities
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.2 Products/Service
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Automotive Seats Market, By Type
6.1.1 Bucket Seat
6.1.2 Split Bench
6.1.3 Market Size Estimations & Forecasts (2019-2024)
6.1.4 Y-o-Y Growth Rate Analysis
6.1.5 Market Attractiveness Index
6.2 Automotive Seats Market, By Electric Vehicle
6.2.1 Battery Electric
6.2.2 Hybrid Electric
6.2.3 Plug In Hybrid Electric
6.2.4 Market Size Estimations & Forecasts (2019-2024)
6.2.5 Y-o-Y Growth Rate Analysis
6.2.6 Market Attractiveness Index
6.3 Automotive Seats Market, By Vehicle
6.3.1 Passenger Car
6.3.2 Light Commercial Vehicles
6.3.3 Heavy Trucks
6.3.4 Buses
6.3.5 Market Size Estimations & Forecasts (2019-2024)
6.3.6 Y-o-Y Growth Rate Analysis
6.3.7 Market Attractiveness Index
6.4 Automotive Seats Market, By Components
6.4.1 Armrest
6.4.2 Pneumatic System
6.4.3 Seat Belt
6.4.4 Seat Frame and Structure
6.4.5 Seat Headrest
6.4.6 Seat Height Adjuster
6.4.7 Seat Recliners
6.4.8 Seat Track
6.4.9 Market Size Estimations & Forecasts (2019-2024)
6.4.10 Y-o-Y Growth Rate Analysis
6.4.11 Market Attractiveness Index
6.5 Automotive Seats Market, By Trim Materials
6.5.1 Genuine Leather
6.5.2 Synthetic Leather
6.5.3 Market Size Estimations & Forecasts (2019-2024)
6.5.4 Y-o-Y Growth Rate Analysis
6.5.5 Market Attractiveness Index
6.6 Automotive Seats Market, By Technology
6.6.1 Heated Seats
6.6.2 Powered Seats
6.6.3 Massages Seats
6.6.4 Memory Seats
6.6.5 Standard Seats
6.6.6 Ventilated Seats
6.6.7 Market Size Estimations & Forecasts (2019-2024)
6.6.8 Y-o-Y Growth Rate Analysis
6.6.9 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 North America - Market Analysis (2018 - 2024)
7.2.1 By Country
7.2.1.1 USA
7.2.1.2 Canada
7.2.2 By Type
7.2.3 By Electric Vehicle
7.2.4 By Vehicle
7.2.5 By Components
7.2.6 By Trim Materials
7.2.7 By Technology
7.3 Europe
7.3.1 By Country
7.3.1.1 UK
7.3.1.2 France
7.3.1.3 Germany
7.3.1.4 Spain
7.3.1.5 Italy
7.3.1.6 Rest of Europe
7.3.2 By Type
7.3.3 By Electric Vehicle
7.3.4 By Vehicle
7.3.5 By Components
7.3.6 By Trim Materials
7.3.7 By Technology
7.4 Asia Pacific
7.4.1 By Country
7.4.1.1 China
7.4.1.2 India
7.4.1.3 Japan
7.4.1.4 South Korea
7.4.1.5 South East Asia
7.4.1.6 Australia & NZ
7.4.1.7 Rest of Asia-Pacific
7.4.2 By Type
7.4.3 By Electric Vehicle
7.4.4 By Vehicle
7.4.5 By Components
7.4.6 By Trim Materials
7.4.7 By Technology
7.5 Latin America
7.5.1 By Country
7.5.1.1 Brazil
7.5.1.2 Argentina
7.5.1.3 Mexico
7.5.1.4 Rest of Latin America
7.5.2 By Type
7.5.3 By Electric Vehicle
7.5.4 By Vehicle
7.5.5 By Components
7.5.6 By Trim Materials
7.5.7 By Technology
7.6 Middle East and Africa
7.6.1 By Country
7.6.1.1 Middle East
7.6.1.2 Africa
7.6.2 By Type
7.6.3 By Electric Vehicle
7.6.4 By Vehicle
7.6.5 By Components
7.6.6 By Trim Materials
7.6.7 By Technology
8. Key Player Analysis
8.1 NHK Spring Co.
8.1.1 Business Description
8.1.2 Products/Service
8.1.3 Financials
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Magna Seating
8.3 TACHI-S
8.4 Aisin Seiki Co.
8.5 Faurecia
8.6 Lear Corporation
8.7 Toyota Boshoku Corporation
8.8 Recaro GmbH & Co. KG
8.9 Gentherm
8.10 TS Tech Co., Ltd
8.11 Johnson Controls Inc
9. Market Outlook & Investment Opportunities
Appendix
List of Tables
List of Figures
