Global automotive seats Industry to reach USD 74.9 billion by 2026. Global automotive seats Industry is valued for approximately USD 63.2 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 2.46% over the forecast period 2020-2026. Increasing demand for luxury and premium vehicles followed by rising demand for comfort automotive seats are driving the Industry growth across the glove over the forecast period. For instance, according to report of California New Car Dealers Association (CNCDA), Luxury’s sports cars and SUV’s covered around 20% Industry share in California in 2017. Moreover, according to European Union (EU) report in 2016, luxury cars covered 62% Industry share in Europe. Thus, growing demand of luxury cars is expected to drive the adoption of automotive seats across the worldwide.
On the basis of segmentation, the Automotive Seats Industry is segmented into technology, trim material, components, vehicle type, electric & hybrid vehicle and type. Technology segment is further divided into heated seats, heated & powered seats, massage seats, memory seats, powered seats, standard seats and ventilated seats, trim material is segmented into fabric, genuine leather and synthetic leather. Components segment is further divided into Armrest, Pneumatic System, Seat Belt, Seat Frame and Structure, Seat Headers, Seat Height Adjuster, Seat Recliners, and Seat Track. Vehicle type segment comprised of Passenger Car, Light Commercial Vehicles, Heavy Trucks and Buses, additionally electric and hybrid vehicle segment is divided into Battery Electric Vehicles, Hybrid Electric Vehicle and Plug-In Hybrid Electric Vehicle and type segment includes Bucket Seat and Split Bench.
The regional analysis of Global Automotive Seats Industry is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is the dominating region across the world in terms of Industry share region over the forecast period 2020-2026. Owing to the countries such as China, Japan, and India.
The objective of the research study is to define Industry sizes of different segments & countries in recent years and to forecast the values to the coming six years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the research study. However, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the Industry. Additionally, the report shall also incorporate available opportunities in micro Industry for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
Automotive Seats Market Segmentation:
Heated & Powered Seats
By Trim Material:
Seat Frame and Structure
Seat Height Adjuster
By Vehicle Type:
Light Commercial Vehicles
By Electric & Hybrid Vehicle:
Battery Electric Vehicles
Hybrid Electric Vehicle
Plug-In Hybrid Electric Vehicle
Rest of Europe
Rest of Asia-Pacific
Middle East & Africa