Automotive Seats Market

Automotive Seats Market by Material Type (Synthetic, Genuine Leather, Fabric, and Others), Technology (Standard Seats, Powered Seats, Ventilated Seats and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: AL-1538
  • Author: Growth Market Reports
  • Rating: 4.9
  • Total Reviews: 3
  • No. Of Pages: 216
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The automotive seats market size is estimated to expand at a CAGR of 5.27% during the forecast period, 2021–2028. Growth of the market is attributed to expanding SUV demand and rising vehicle production.

Automotive Seats Market

Automotive seats are components of vehicles that are meant to accommodate and offer comfortable seating for the driver or occupants while riding. To give the necessary comfort, they are developed in accordance with industry standards so that passengers within will be subjected to the least amount of impact in the event of a collision.

These seating systems are available in a variety of configurations, ranging from simple to complicated, to meet the demands of both manufacturers and users. While classic and traditional designs have long been suggested in the business, luxury alterations have recently been added into seating systems to provide consumers with a better experience due to the increased need for comfort and style.

The covid-19 pandemic affected the demand and supply of the automotive seats market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.

Market Trends, Drivers, Restraints, and Opportunities

  • Increasing vehicle production is expected to fuel the market in the coming years.
  • Rising demand for climate-controlled seat technology and an increasing demand for lightweight seat frames is major factor propelling the market.
  • The high cost of modular and advanced seats in comparison to traditional seats is anticipated to restrict the market growth.
  • Increasing use of lightweight materials to reduce the weight of vehicle seats is estimated to offer lucrative opportunities for the market players.

Scope of the Report

The report on the automotive seats market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Automotive Seats Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Material Type (Synthetic, Genuine Leather, Fabric, and Others), Technology (Standard Seats, Powered Seats, Ventilated Seats sand Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Magna International, Faurecia, Lear Corporation, Adient, and Toyota Boshoku.

 

Market Segment Insights

The synthetic leather segment is expected to grow at a rapid pace

In terms of material type, the automotive seats market is segregated into synthetic, genuine leather, fabric, and others. The synthetic leather segment is expected to hold a key share of the market during the forecast period. Synthetic leather is a replacement for leather in applications such as upholstery, clothing, footwear, and other areas where a leather-like finish is required but the genuine material is too expensive or inappropriate. With the growing trend of people turning vegan and more awareness of animal cruelty in the leather business, automobile parts manufacturers have begun to use various synthetic leathers instead of genuine leathers.

Automotive Seats Market

The powered segment is expected to grow at a rapid pace

Based on technology, the market is divided into standard seats, powered seats, ventilated seats, and others. The powered seats segment is expected to represent a key share of the market during the forecast period. Previously, powered seats were only seen in high-end automobiles. On the other hand, the standard seat segment is rapidly becoming popularized and currently found in the majority of mid-range SUVs. The powered seat segment is expected to be driven by expansion in the mid-range vehicle sector, particularly in developing nations such as China, India, and Indonesia, as well as rise in luxury vehicle production internationally.

Automotive Seats Market

 Asia-Pacific is expected to dominate the market

On the basis of regions, the market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of Asia Pacific is anticipated to dominate the market during the forecast period. Presence of major market players in the region is anticipated to drive the market. Increased demand for inexpensive automobiles in Asia Pacific nations such as China, Japan, South Korea, and India can be ascribed to change in consumer behavior owing to pandemics. Due to the extreme growing demand for mid- and high-end SUVs, demand for powered and heated seats is likely to increase in this region.

Automotive Seats Market

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Automotive Seats Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Automotive Seats Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Automotive Seats Market - Supply Chain
  4.5. Global Automotive Seats Market Forecast
     4.5.1. Automotive Seats Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Automotive Seats Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Automotive Seats Market Absolute $ Opportunity
5. Global Automotive Seats Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Automotive Seats Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Automotive Seats Demand Share Forecast, 2019-2026
6. North America Automotive Seats Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Automotive Seats Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Automotive Seats Demand Share Forecast, 2019-2026
7. Latin America Automotive Seats Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Automotive Seats Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Automotive Seats Demand Share Forecast, 2019-2026
8. Europe Automotive Seats Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Automotive Seats Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Automotive Seats Demand Share Forecast, 2019-2026
9. Asia Pacific Automotive Seats Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Automotive Seats Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Automotive Seats Demand Share Forecast, 2019-2026
10. Middle East & Africa Automotive Seats Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Automotive Seats Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Automotive Seats Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Automotive Seats Market: Market Share Analysis
  11.2. Automotive Seats Distributors and Customers
  11.3. Automotive Seats Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Magna International Faurecia Lear Corporation Adient Toyota Boshoku

Segments Covered in the Report

The automotive seats market has been segmented on the basis of

Material Type

  • Synthetic
  • Genuine Leather
  • Fabric
  • Others

Technology

  • Standard Seats
  • Powered Seats
  • Ventilated Seats
  • Others

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Magna International
  • Faurecia
  • Lear Corporation
  • Adient
  • Toyota Boshoku

Key players competing in the automotive seats market include Magna International, Faurecia, Lear Corporation, Adient, and Toyota Boshoku. Leading firms are joining together to study and create unique and original automobile seating solutions as the automotive seat industry becomes more focused on innovation. For instance.

Lear Corporation has established a research and development agreement with Gentherm Inc. for thermal seating solutions. For Lear's Intu seating systems, the businesses is estimated to work on building a modular and integrated heating and cooling system.

With an investment of over USD 14 million, Faurecia has announced the creation of a research and development center dedicated to automobile seats. The unit is anticipated to focus on the manufacturing of sophisticated electromechanical parts for seating systems such as backrest adjusters and electric backrests.

Automotive Seats Market

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