Press release
2020 Update: Automotive Seats Market Size and Share Forecast 2026
The global automotive seats market size is anticipated to witness high growth owing to the increasing demand for lightweight seat frames in vehicles worldwide. Automotive seats are equipped with soft fabric and many interior components to ensure the stylish appearance of the vehicle. Fortune Business Insights(TM) shares valuable market information in its new report, titled , "Automotive Seats Market Size, Share & Industry Analysis, By Material Type (Genuine Leather, Synthetic Leather, Fabric), By Seat Type (Split Bench/Bench, Bucket), By Technology Type (Heated & Powered, Massage, Standard, Memory, Ventilated), By Vehicle Type (Passenger Cars, Commercial Vehicles) Others and Regional Forecast, 2019-2026."
Request a Sample Copy of the Market Research Report:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/automotive-seats-market-102000
List of the major companies that are present in the Automotive Seats Market include
ohnson Controls Inc
Lear Corporation
AISIN SEIKI Co. Ltd
Gentherm
Magna International
TACHI-S Co. Ltd
NHK SPRING Co. Ltd
TS TECH Co. Ltd
TOYOTA BOSHOKU CORPORATION
Faurecia Automotive Seating Inc. among the other players.
What is the Scope of the Report?
The report offers a qualitative and quantitative analysis of the market. It discusses the factors propelling, repelling,and creating opportunities for the market between 2019 to 2026. The report description also offers vital industry developments, automotive seat market trends, and other interesting insights into the market. Detailed market segmentation based on factors such as seat type, technology type, vehicle type, and geography, are provided in the report. It also presents a list of significant players operating in the market and the major strategies adopted by them, such as merger and acquisition, agreements and contracts, investment in research and development, and others.
Market Drivers and Restraints:
Flexibility and Comfort Provided by Advanced and Modular Seats to Augment Growth
The increasing popularity of vehicles has propelled manufacturers to provide a new approach to its components. With modernization, the demand for luxury and premium vehicles has increased and this has further increased the need for comfortable automotive seats, with adjustable features. The aforementioned factor will significantly contribute to the growth of the market. A lead analyst at Fortune Business Insights(TM) says, "Consumers are shifting their focus towards flexible, comfortable, and luxury seating especially in SUV vehicles. This, coupled with the better standard of living and economic status, will create growth opportunities in the forthcoming years." Additionally, the rise in the use of lightweight vehicles to reduce the overall weight of automotive seats will help bolster growth in the coming years.
However, the modular and advanced seats are expensive as compared to the conventional seats, and this may hamper the market. Additionally, the volatile price of metals used for making automotive seats may also cause hindrance to the overall growth of the market in the forecast period. Nevertheless, the increasing sale of passenger and commercial vehicles is further prognosticated to create lucrative growth opportunities for the market in the forthcoming years.
Gain More Insights into the Automotive Seats Market Research Report
https://www.fortunebusinessinsights.com/automotive-seats-market-102000
Geographical Segmentation:
Asia Pacific to Dominate Market with Presence of Major Players
Based on regional segmentation, the global automotive seat market is widespread across Europe, North America, Asia Pacific, and the rest of the world. Among these, Asia Pacific emerged dominant with the largest automotive seats market share. Factors responsible for this growth include the rising number of vehicular production, the presence of major automobile manufacturers in the region, and the increasing adoption of innovative technology into vehicles. China stands dominant in the regional market, followed by Japan, South Korea, and India.
Likewise, the markets in Europe and North America are likely to witness significant growth attributable to the increasing demand from consumers for comfortable and luxurious travel. In addition to this, the implementation of technological development in vehicle manufacturers by players in this region is likely to promote the growth of the regional market over the years to come.
Competitive Landscape -
Launch of New Lightweight Vehicles - Major Objective of Players
Notable automotive seats market manufacturers are making huge investments into the production of next-generation vehicles providing quality comfort. Besides this, companies are also adopting collaborative strategies such as merger and acquisitions, company collaborations, mergers and acquisitions, agreements and contracts, and others to gain momentum in the market competition. Furthermore, players are aiming at producing lightweight seats for lightweight vehicles to ensure a relaxed and comfortable journey and earn high automotive seats market revenue in the forthcoming years.
Major Industry Developments of Automotive Seats Market Include:
February 2020 - A seating supplier called Adient sold its Recaro seating business to a privately owned investment corporation called Raven Acquisitions. The aim of this strategy is for Recaro to focus on producing ergonomic and performance seats.
February 2020 - Jaguar Land Rover announced a new concept called Project Vector, a concept platform for future smart city infrastructures. Jaguar declares this project as 'Destination Zero Journey,' guaranteeing a vision of electric, autonomous, and connected to the future vehicles offering urban mobility.
Ask for Customization
https://www.fortunebusinessinsights.com/enquiry/customization/automotive-seats-market-102000
Fortune Business Insights Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email: sales@fortunebusinessinsights.com
Fortune Business Insights(TM) offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights(TM), we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
Request a Sample Copy of the Market Research Report:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/automotive-seats-market-102000
List of the major companies that are present in the Automotive Seats Market include
ohnson Controls Inc
Lear Corporation
AISIN SEIKI Co. Ltd
Gentherm
Magna International
TACHI-S Co. Ltd
NHK SPRING Co. Ltd
TS TECH Co. Ltd
TOYOTA BOSHOKU CORPORATION
Faurecia Automotive Seating Inc. among the other players.
What is the Scope of the Report?
The report offers a qualitative and quantitative analysis of the market. It discusses the factors propelling, repelling,and creating opportunities for the market between 2019 to 2026. The report description also offers vital industry developments, automotive seat market trends, and other interesting insights into the market. Detailed market segmentation based on factors such as seat type, technology type, vehicle type, and geography, are provided in the report. It also presents a list of significant players operating in the market and the major strategies adopted by them, such as merger and acquisition, agreements and contracts, investment in research and development, and others.
Market Drivers and Restraints:
Flexibility and Comfort Provided by Advanced and Modular Seats to Augment Growth
The increasing popularity of vehicles has propelled manufacturers to provide a new approach to its components. With modernization, the demand for luxury and premium vehicles has increased and this has further increased the need for comfortable automotive seats, with adjustable features. The aforementioned factor will significantly contribute to the growth of the market. A lead analyst at Fortune Business Insights(TM) says, "Consumers are shifting their focus towards flexible, comfortable, and luxury seating especially in SUV vehicles. This, coupled with the better standard of living and economic status, will create growth opportunities in the forthcoming years." Additionally, the rise in the use of lightweight vehicles to reduce the overall weight of automotive seats will help bolster growth in the coming years.
However, the modular and advanced seats are expensive as compared to the conventional seats, and this may hamper the market. Additionally, the volatile price of metals used for making automotive seats may also cause hindrance to the overall growth of the market in the forecast period. Nevertheless, the increasing sale of passenger and commercial vehicles is further prognosticated to create lucrative growth opportunities for the market in the forthcoming years.
Gain More Insights into the Automotive Seats Market Research Report
https://www.fortunebusinessinsights.com/automotive-seats-market-102000
Geographical Segmentation:
Asia Pacific to Dominate Market with Presence of Major Players
Based on regional segmentation, the global automotive seat market is widespread across Europe, North America, Asia Pacific, and the rest of the world. Among these, Asia Pacific emerged dominant with the largest automotive seats market share. Factors responsible for this growth include the rising number of vehicular production, the presence of major automobile manufacturers in the region, and the increasing adoption of innovative technology into vehicles. China stands dominant in the regional market, followed by Japan, South Korea, and India.
Likewise, the markets in Europe and North America are likely to witness significant growth attributable to the increasing demand from consumers for comfortable and luxurious travel. In addition to this, the implementation of technological development in vehicle manufacturers by players in this region is likely to promote the growth of the regional market over the years to come.
Competitive Landscape -
Launch of New Lightweight Vehicles - Major Objective of Players
Notable automotive seats market manufacturers are making huge investments into the production of next-generation vehicles providing quality comfort. Besides this, companies are also adopting collaborative strategies such as merger and acquisitions, company collaborations, mergers and acquisitions, agreements and contracts, and others to gain momentum in the market competition. Furthermore, players are aiming at producing lightweight seats for lightweight vehicles to ensure a relaxed and comfortable journey and earn high automotive seats market revenue in the forthcoming years.
Major Industry Developments of Automotive Seats Market Include:
February 2020 - A seating supplier called Adient sold its Recaro seating business to a privately owned investment corporation called Raven Acquisitions. The aim of this strategy is for Recaro to focus on producing ergonomic and performance seats.
February 2020 - Jaguar Land Rover announced a new concept called Project Vector, a concept platform for future smart city infrastructures. Jaguar declares this project as 'Destination Zero Journey,' guaranteeing a vision of electric, autonomous, and connected to the future vehicles offering urban mobility.
Ask for Customization
https://www.fortunebusinessinsights.com/enquiry/customization/automotive-seats-market-102000
Fortune Business Insights Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email: sales@fortunebusinessinsights.com
Fortune Business Insights(TM) offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights(TM), we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
