Skip to main content

Automotive Seats Market Key Players, Industry Overview, Applications and Analysis 2025

 Global sales of automotive seats is estimated to be valued at US$ 55.34 Bn in 2017 and is projected to increase and to be valued at US$ 74.19 Bn by 2025. “Automotive Seats Market: Global Industry Analysis (2012–2016) and Forecast (2017–2025),” is the new report published by Persistence Market Research for the estimated period of 8-years.

With a CAGR of 3.7%, this market is expected to witness steady growth throughout the forecasted period. Slowdown in the global automotive production and increasing use of public transport to cut down the transportation cost are significant reasons behind the slow growth of the global market for automotive seats.

Key Companies- 

  • Suitable for PLC
  • Faurecia SA
  • Lear Corporation
  • Toyota Boshoku Corporation
  • TS Tech Co., Ltd.
  • Magna International Inc.
  • Aisin Seiki Co., Ltd.
  • Tachi-S Co., Ltd.
  • NHK Spring Co., Ltd.
  • Guelph Manufacturing Group
  • Futuris Group

Global Automotive Seats Market: Restraints

  • Lowering hide production to act as restraint in the Europe automotive seats market
  • Adoption of Low-cost and Inferior Substitutes
  • Soaring government regulations and rules are acting as hurdles for the manufacturers
  • Slowdown in the Global Automotive Production
  • Increasing use of public transport to cut down the transportation cost

Global Automotive Seats Market: Segmental Analysis and Forecast

The market is segmented into product type, vehicle type, cover material, by technology, and by sales channel. Product type segment include bench and bucket.

Sales of Bucket segment Seats segment is estimated to be valued at US$ 35.46 Bn in 2017 and is slated to reach US$ 48. 82 Bn by 2025.

On the basis of vehicle type, the market is segmented into passenger cars, LCV (Light Commercial Vehicles) and HCV (Heavy Commercial Vehicles). The Passenger Car market segment is estimated to dominate the global automotive Seats market with a 75.1% market value share, valued at US$ 41. 57 Bn by 2017 end; expanding at a CAGR of 4.1% over the forecast period of 2017-2025. This segment is expected to create a total incremental opportunity of US$ 15.71 Bn between 2017 and 2025. The segment is anticipated to reach a market value of US$ 57.28 Bn by 2025 end, in the global automotive seats market.

Cover Material segment consists of genuine leather, synthetic leather and fabric material.

The Fabric Material segment by cover material is estimated to dominate the global automotive seats market with a 63.6% market value share, valued at US$ 35,205.1 Mn by 2017 end; expanding at a CAGR of 4.2% over the forecast period of 2017-2025. This segment is expected to create a total incremental opportunity of US$ 13.58 Bn between 2017 and 2025. The segment is anticipated to reach a market value of US$ 48.78 Bn by 2025 end, in the global automotive seats market.

Technology segment include standard, powered, heated and massage. By Technology, the powered segment is expected to be a relatively attractive segment in terms of market growth rate and market size with a market value share of 17.4% by the end of 2025.

By sales channel, the market is segmented into OEM (Original Equipment Manufacturer) and aftermarket. OEM segment is expected to create a total incremental opportunity of US$ 18,339.7 Mn between 2017 and 2025. Sales of OEM segment is estimated to be valued at US$ 71,360.6 Mn by 2025 end as compared to is US$ 53,020.9 Mn in 2017.

For More Info @ https://www.persistencemarketresearch.com/market-research/automotive-seats-market.asp

Global Automotive Seats Market: Forecast by Region

The report covers five regions namely, North America, Latin America, Europe, APAC and MEA. Sales of Automotive Seats in North America is estimated to be valued at US$ 9889.3 Mn by the end of 2017 and is expected to reach US$ 12.45 Bn by the end of 2025, registering a

CAGR of 2.9% in terms of value over the forecast period. On the other hand APAC market is estimated to dominate the global automotive seats market with a 49.5% market value share, valued at US$ 27.36 Bn by 2017 end; expanding at a CAGR of 4.1% over the forecast period of 2017-2025.

Comments

Popular posts from this blog

Medical Gloves Market Trends, Growth, Future Demand, Analysis and Forecast by 2032

 The medical gloves market has witnessed significant growth and evolution, especially in recent years, due to the global healthcare challenges, including the COVID-19 pandemic. Medical gloves are crucial protective equipment used by healthcare professionals to prevent the transmission of infections, maintain hygiene standards, and ensure the safety of both patients and medical personnel. This market encompasses a wide range of glove types, including latex, nitrile, vinyl, and others, each with its unique features and applications. One of the key drivers of the medical gloves market is the increasing focus on infection prevention and control in healthcare settings. The heightened awareness of the importance of hand hygiene, especially in the wake of the pandemic, has led to a surge in demand for medical gloves worldwide. Healthcare facilities, including hospitals, clinics, and laboratories, require a steady and reliable supply of gloves to maintain safety protocols an...

Sales of Commercial Aircraft Video Surveillance Systems to Decelerate in 2020 as COVID 19 Pandemic Takes its Toll on Global Market

  Market Introduction Future Market Insights, in its recent study on the  Commercial Aircraft Video Surveillance Systems market,  offers a detailed value-volume analysis of the Commercial Aircraft Video Surveillance Systems market on the basis of various segments such as product type, application, aircraft type, assembly and region. In terms of product type, cabin surveillance systems is projected to be a lucrative segment in terms of growth opportunities and are mostly being installed in the line fit assembly applications in the commercial aircraft video surveillance systems. To Get the Sample Copy of Report visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-5202 There has been significant growth in the number of freighter planes due to expanding e-commerce and pharmaceutical sectors and outperforming global trade growth. From a macroeconomic point of view, demand for commercial aircrafts is anticipated to more than double in the next two decade...

Dural Graft Market Future Trends, Industry Size and Forecast to 2032

 The Dural Graft market is a dynamic and vital sector within the medical device industry, contributing significantly to the advancement of neurosurgery and the treatment of various neurological conditions. Dural grafts, also known as dural substitutes or patches, are crucial in repairing and reinforcing the dura mater, the protective membrane surrounding the brain and spinal cord. As of 2033, this market is experiencing substantial growth due to an increased demand for neurosurgical procedures and a surge in innovative technologies and materials. One of the key drivers of the Dural Graft market's growth is the rising incidence of neurological disorders and traumatic brain injuries. With an aging population and a greater understanding of neurological conditions, more individuals require neurosurgical interventions, driving up the demand for dural grafts. These grafts are instrumental in providing structural support and sealing cerebrospinal fluid leaks after surgerie...