REDDING, Calif., Dec. 11, 2024 /PRNewswire/ -- According to a new market research report titled, 'Automotive Seats Market Size, Share, Forecast, & Trends Analysis by Vehicle Type (Passenger Cars, LCV, HCV), Seat Type, Seat Technology (Manual Seats, Powered Seats, Smart Seats), Material, Distribution Channel (OEMs and Aftermarket), Geography - Global Forecast to 2031.
The automotive seats market is expected to reach $53.4 billion by 2031, at a CAGR of 1.5% from 2024 to 2031.
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Automotive seats are critical components in vehicles, designed to provide comfort, support, and safety for occupants during travel. They are engineered to enhance ergonomics and include features like adjustable headrests, lumbar support, and reclining mechanisms.
The growth of this market is driven by increasing vehicle production & sales and increasing demand for electric vehicles (EVs). Furthermore, advancements in seat technology and a growing focus on sustainable materials and customization are expected to generate growth opportunities for the stakeholders in this market.
However, fluctuating raw material prices and complexity in design & customization restrain this market's growth.
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Key Players:
Some of the major players studied in this report are Adient plc (Ireland), AISIN Group (Japan), Faurecia SE (France), Gentherm Incorporated (U.S.), Lear Corporation (U.S.), Magna International Inc. (Canada), NHK Spring Co., Ltd. (Japan), TACHI-S CO. LTD. (Japan), Toyota Boshoku Corporation (Japan), TS TECH CO., LTD. (Japan), Ningbo Jifeng Auto parts Co., ltd. (China), Hyundai Dymos (South Korea), Bharat Seats Limited (India), Grammer AG (Germany), and Pheonix Seating Limited (U.K.).
The global automotive seats market is segmented by vehicle type (passenger cars, light commercial vehicles, heavy commercial vehicles, two-wheelers, three-wheelers), seat type(bench seats, bucket seats, folding seats, powered seats, heated and ventilated seats, other seat types), seat technology(manual seats, powered seats, smart seats, other seat technologies), material(fabric, genuine leather, synthetic leather, other materials), and distribution channel (OEMs, aftermarket). This study also evaluates industry competitors and analyzes the regional and country-level markets.
Key Findings in the Automotive Seats Market Study:
Among the vehicle types studied in this report, the passenger cars segment is expected to register the highest CAGR during the forecast period. Passenger cars, which include sedans, hatchbacks, and SUVs, are among the most commonly used vehicles globally. The demand for ergonomic and feature-rich seats is growing rapidly within this segment. Key drivers for this growth include the increasing production of passenger cars, the rising demand for comfort features, and the growing adoption of electric vehicles (EVs).
Among the seat types studied in this report, the heated and ventilated seats segment is expected to register the highest CAGR during the forecast period. Heated and ventilated seats offer enhanced comfort by regulating temperature, making them particularly popular in premium and luxury vehicles. This segment's growth is driven by factors such as the rising demand for luxury vehicles and an increasing emphasis on passenger comfort and climate control.
Among the seat technologies studied in this report, the smart seats segment is expected to register the highest CAGR during the forecast period. Smart seats are equipped with sensors, AI, and connectivity features that monitor occupant posture, adjust seating for comfort, and enhance safety. This segment's growth is driven by advancements in seat technologies, such as the integration of sensors and AI, which improve safety, comfort, and personalization for users.
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Among the materials studied in this report, the synthetic leather segment is expected to register the highest CAGR during the forecast period. Synthetic leather is gaining popularity due to its durability, aesthetic appeal, and affordability when compared to genuine leather. Additionally, the increasing focus on sustainability and the growing demand for eco-friendly alternatives are key factors driving the growth of synthetic leather in automotive seating.
Among the distribution channels studied in this report, the OEMs segment is expected to register the highest CAGR during the forecast period. This growth is driven by factors such as the rising consumer preference for factory-installed advanced seats, collaborations between automakers and seat suppliers, and an increase in overall vehicle production.
Among the regions studied in this report, Asia-Pacific is poised to record the highest CAGR during the forecast period. The growth of this regional market is driven by factors such as the increase in vehicle production in key markets such as China, India, and Japan, rising consumer demand for electric vehicles with advanced seating features, and growing disposable incomes, which fuel the demand for premium, comfort-oriented automotive seats. Furthermore, favorable government policies supporting local automotive manufacturing and the consistent innovation by OEMs in the region are driving the integration of powered seats, ventilation systems, and ergonomic designs into their vehicles.
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Scope of the Report:
Automotive Seats Market Assessment-by Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Two-wheelers
- Three-wheelers
Automotive Seats Market Assessment-by Seat Type
- Bench Seats
- Bucket Seats
- Folding Seats
- Powered Seats
- Heated and Ventilated Seats
- Other Seat Types
Automotive Seats Market Assessment-by Seat Technology
- Manual Seats
- Powered Seats
- Smart Seats
- Other Seat Technologies
Automotive Seats Market Assessment-by Material
- Fabric
- Genuine Leather
- Synthetic Leather
- Other Materials
Automotive Seats Market Assessment-by Distribution Channel
- OEMs
- Aftermarket
Automotive Seats Market Assessment-by Geography
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific (RoAPAC)
- Latin America
- Mexico
- Brazil
- Rest of Latin America (RoLATAM)
- Middle East & Africa
- Israel
- UAE
- Rest of Middle East & Africa (RoMEA)
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Automotive Seats Market Research Summary
Particulars | Details |
Number of Pages | 250 |
Format | |
Forecast Period | 2024-2031 |
Base Year | 2023 |
CAGR (Value) | 1.5 % |
Market Size in 2024 (Value) | USD 53.4 Billion |
Market Size in 2031 (Value) | USD 58.9 Billion |
Segments Covered | By Vehicle Type
By Seat Type
By Seat Technology
By Material
By Distribution Channel
|
Countries Covered | North America (U.S. and Canada), Europe (Germany, U.K., France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), Latin America (Mexico, Brazil, and Rest of Latin America), and Middle East & Africa (UAE, Israel, and Rest of Middle East & Africa) |
Key Companies | Adient plc (Ireland), AISIN Group (Japan), Faurecia SE (France), Gentherm Incorporated (U.S.), Lear Corporation (U.S.), Magna International Inc. (Canada), NHK Spring Co., Ltd. (Japan), TACHI-S CO. LTD. (Japan), Toyota Boshoku Corporation (Japan), TS TECH CO., LTD. (Japan), Ningbo Jifeng Auto parts Co., ltd. (China), Hyundai Dymos (South Korea), Bharat Seats Limited (India), Grammer AG (Germany), and Pheonix Seating Limited (U.K.) |
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