Automotive Armrest Market Scope
In an automotive context, an armrest is a feature found in many modern vehicles on which occupants can rest their arms. Armrests are also found on chairs in general. Armrests are quite useful for supporting arms and hands. They'll assist in guiding both arms and hands into a comfortable position, reducing muscle tension that occurs when they're not in the proper position. They also relieve stress from the shoulders and neck, which helps to alleviate neck and shoulder pain, two typical complaints among office employees, particularly those who spend a lot of time using a mouse. Armrests can also help to keep posture in check. Finally, having them will make it easier for office workers to stand up because they eliminate half of the hip forces required to rise.
The Automotive Armrest market study is segmented, by Application (Passenger Vehicle and Commercial Vehicle) and major geographies with country level break-up.
Some of the leading players in the market are Adient, Lear Corporation, Faurecia, Toyota Boshoku, Tachi-S, Gentherm, and others. Market leaders are focusing on technological integration in the automotive armrest, and increasing sales of automotive in emerging economies such as India, China, and others generating lucrative opportunities in the automotive armrest market. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Automotive Armrest market throughout the predicted period.
Grammer AG (Germany), Adient (Ireland), Piston Group (United States), Toyota Boshoku (Japan), AUNDE Group SE (Germany), Martur (Italy), Faurecia SE (France), JR-Manufacturing, Inc. (United States), Kongsberg Automotive ASA (Europe), Ningbo Jifeng Auto Parts Co., Ltd (China), Proseat LLP (United Kingdom), Sydmeko Industri AB (Sweden) and Tachi-S Engineering U.S.A., Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Toyota Boshoku (Japan), Windsor Machine Group (United States) and Woodbridge USA (United States).
About Approach
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.
Segmentation Overview
AMA Research has segmented the market of Global Automotive Armrest market by Type, Application and Region.
On the basis of geography, the market of Automotive Armrest 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).
Market Trend
- Growing trends in Car Aesthetics
- Growing adoption of Multi-function armrests
Market Drivers
- Increasing production and sales of vehicles
- Increasing Installation of Significant Accessories Which Increase the Comfort
Opportunities
- The rise in preference for e-commerce is expected to propel the global automotive armrest market
- Huge Growth Potential For Automotive In Emerging Countries Especially In China and India
- Autonomous Vehicle Will Drive the Demand for Technologically Advanced Automotive Armrest
Restraints
- Less Interior Space Remains after Installation of Armrest
Challenges
- Volatile Nature of Raw Material Prices
Key Target Audience
Automobile industry and related end-user industries, Automotive Original Equipment Manufacturers (OEMs), Manufacturers of automotive Armrest and components, Raw material suppliers, Raw material suppliers of automotive seats and components and Regional manufacturer associations and automobile associations
Frequently Asked Questions (FAQ):
1. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the Automotive Armrest Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2027.