Passenger Car Segment to Dominate Automotive Seat Market
Growing production and sales
of vehicles coupled with increasing demand for comfortable and luxurious
seating solution 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 seats market is expected to grow at a
CAGR of 3.95% during the forecast period on account of increasing demand for
comfortable and luxurious seating experience. Increasing per capita income
coupled with 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 standard, powered & heated and massage seats. Among these, powered & heated
segment is likely to grow at the fastest rate on account of rising adoption in
countries with colder climatic conditions. 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
they are cheaper as compared to leather seats and yet possess the same elegant
look and comfort as its counterpart.
Browse 214 market data Figures spread through 110
Pages and an
in-depth TOC on "Global Automotive Seat Market"
https://www.techsciresearch.com/report/automotive-seat-market/2296.html
Adient Plc., Lear Corporation, Faurecia Services Groupe Sasu, Magna
International Inc., Johnson Controls Inc., Aisin Seiki co. Ltd, Toyota Boshoku
Corporation, NHK Spring Co. Ltd., Faurecia SA, among others are the leading
players operating in global automotive seats market. Companies operating in the
market are using organic strategies such as product launches, and mergers and
collaborations in order to register growth in the market. In fact, they are setting up their research &
development facilities and manufacturing units at different locations depending
on the cost of operating their business across different regions. Toyota Boshoku
Corporation entered into joint sales agreement with Relan Group of Industries
for making seats and other components.
Download Sample Report @ http://www.techsciresearch.com/sample-report.aspx?cid=2296
Customers
can also request for 10% free customization on this report.
“Asia-Pacific is expected to dominate global automotive seats market
owing to high production and sales of automobiles in the economies such as
China, Japan, India et cetera. These regions
are lucrative market for investments owing to the favorable factors of
production such as cheaper workforce, easily available land, lower electricity
tariffs and so on. Moreover, emerging trends in the automotive seating market
such as increased foreign direct investment in advanced and customized seating
solutions, development of transport infrastructure, and government policies such
as promotion of electric mobility are further
anticipated to boost Asia-pacific automotive seats 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
seats 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 seats market.
About TechSci Research
TechSci Research is a leading global market research firm publishing
premium market research reports. Serving 700 global clients with more than 600
premium market research studies, TechSci Research is serving clients across 11
different industrial verticals. TechSci Research specializes in research based
consulting assignments in high growth and emerging markets, leading
technologies and niche applications. Our workforce of more than 100 fulltime
Analysts and Consultants employing innovative research solutions and tracking
global and country specific high growth markets helps TechSci clients to lead
rather than follow market trends.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]