Automotive Seats Market Scope
Automotive seat enhances the interior of the vehicle and passenger comfort. Increase in sale of automotive vehicle supplementing the growth of automotive seat market. For instance, in the United States alone till mid 2018 over 8.5 million cars have been sold. Further, growing focus on autonomous vehicle, technological integration of automotive seats and increasing sales of automotive in emerging countries are the major factors driving the sales of automotive seat.
According to AMA, the Global Automotive Seats market is expected to see growth rate of 2.8%
Some of the leading players of the market are Adient, Lear Corporation, Faurecia, Toyota Boshoku, Magna International, TS Tech, Aisin Seiki, NHK Spring, Tachi-S, Gentherm, and others. Market leaders are focusing on technological integration in automotive seats, heated and ventilated automotive seats, and increasing sales of automotive in emerging economies such as India, China, and others generating lucrative opportunities in the automotive seat market. Research Analyst at AMA estimates that United States, Japan Vendors will contribute to the maximum growth of Global Automotive Seats market throughout the predicted period.
Adient (United States), Lear Corporation (United States), Gentherm (United States), Camaco LLC designs (United States), Gentherm Incorporated designs (United States), Aisin Seiki Co., Ltd. (Japan), Toyota Boshoku (Japan), Tachi-S Co., Ltd. (Japan), NHK Spring Co., Ltd. (Japan), TS Tech (Japan), Magna International Inc. (Canada), Magna International (Canada), Guelph Manufacturing Group (Canada), Brose Fahrzeugteile GmbH & Co. KG (Germany) and RECARO Holding GmbH (Germany) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Faurecia (France) and Futuris Group (Australia).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
The study have segmented the market of Global Automotive Seats market by Type (Bucket Seat, Split Bench and Others) and Region with country level break-up.
On the basis of geography, the market of Automotive Seats has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
- Emphasizing On Usage of Environment-Friendly Material for Automotive Seats
- Growing Focus towards Lightweight Automotive Seats
- The rise in Sales of Luxury and Premium Vehicles
- Automotive Seat Design Equipped With Integrated Technologies
- Huge Growth Potential For Automotive In Emerging Countries Especially In China and India
- Autonomous Vehicle Will Drive the Demand for Technologically Advanced Automotive Seat
- High Coast Associated With Modular Automotive Seats
- Lack of Quality Aftermarket Automotive Seat Sale
- Modular Automotive Seat Not Being Cost Effective
- Volatile Nature of Raw Material Prices
Key Target AudienceAutomobile industry and related end-user industries, Automotive Original Equipment Manufacturers (OEMs), Manufacturers of automotive seats and components, Raw material suppliers, Raw material suppliers of automotive seats and components and Regional manufacturer associations and automobile associations