The Global Automotive Seats Market was worth US$ 51.8 billion in 2022 and is anticipated to reach a valuation of US$ 60.62 billion by 2028 and is predicted to register a CAGR of 3.20% during 2023-2028.
Automotive seats are structures that provide comfort for both driver and occupants of a car. Safety seats are of considerable importance because they improve the 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 is 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.
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.
Market 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 Recent Developments:
|
REPORT METRIC |
DETAILS |
|
Market Size Available |
2022 – 2028 |
|
Base Year |
2022 |
|
Forecast Period |
2023 - 2028 |
|
CAGR |
3.20% |
|
Segments Covered |
By Trim Material, Seat Type, Vehicle, Electric Vehicle Components, Technology, and Region. |
|
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
|
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
|
Market Leaders Profiled |
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, and Others. |
Market Segmentation:
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.
Bucket seats are widely used as 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 an 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.
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.
Market Reginal Analysis:
The Global Automotive Seats Market Report includes the segmentation of regions:
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.
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 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 a further decrease in passenger vehicle requests is normal with optional spending assuming a lower priority, which is determined to impede the global automotive seats market.
Market Key Players:
Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2500
Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM
Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: [email protected]
Reports By Region