Automotive Seat Market Report: Segmented by Vehicle Type, Material Type, Component, and Geography – Growth, Trends and Forecasts till 2022

Fact.MR

Dublin 2, Ireland, 2018-Mar-15 — /EPR Network/ — A fresh study, covering “Automotive Seating Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” has been broadcasted to wide online repository of Fact MR, which presents deep focus on the Automotive Market. This smart study contains precise data that offers a clear insight about market current scenario and future projections for the benefit of readers. Moreover, the study enclosed significant data which tends to make the research a powerful source for analysts and industry experts who are looking to gain necessary knowledge about the prevailing market trends, opportunities and drivers present in the “Automotive Seating Market”.

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According to Fact.MR, the global market for automotive seats will reach an estimated value of US$ 31.5 Bn by the end of 2017. Fluctuating commodity prices are expected to impact procurement of raw materials & fabric for production of automotive seats. Moreover, the report also indicates that advancements in production technologies and adoption of modular designs might compel some automotive seats manufacturers towards outright remodeling of their manufacturing infrastructure. By the end of 2022, more than US$ 40 Bn worth of automotive seats will be sold across the world, reflecting a steady revenue growth at steady CAGR.

Hatchbacks have the Greatest Potential in the Automotive Seat Market

Cheap and cheerful hatchbacks are anticipated to account for one-third revenue share by vehicle type segment in the automotive seat market in 2017. Hatchbacks are poised to record a growth of US$ 3 billion during the five year forecast period and touch a value of slightly below US$ 12.5 billion in 2022. Manufacturers would do well to target the APEJ region over others as the price-sensitivity of customers in these emerging economies would make hatchbacks the perfect fit. Sedans are less popular than hatchbacks but they still comprise one-fifth revenue share in the automotive seat market. From a value of multi billion dollars in 2017, the sedan segment is predicted to reach impressive valuation in 2022 with a steady CAGR for this period.

Synthetic Leather far More Popular Material than its Natural Counterpart

Synthetic leather corners nearly two-third revenue share of cover materials in the automotive seat market in 2017 and it is forecast remain dominant. The synthetic leather segment is a market worth nearly US$ 26.1 billion that is waiting to be tapped in the automotive seat market. Key stakeholders would be advised to focus on the APEJ region as it is estimated to grow with a stable CAGR and represent an impressive incremental opportunity in 2022 making it too lucrative to ignore in the automotive seat market. The second most popular material in the automotive seat market is fabric which has a one-fourth revenue share. The fabric segment is likely to grow to US$ 10 billion in 2022. However, there are certainly likely to be some discerning customers in the automotive seat market who only seek out the ‘real deal’ i.e. genuine leather. These customers will ensure that genuine leather has a 10% revenue share in the automotive seat market.

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Table of Content:

Chapter 1. Global Automotive Seat Market – Executive Summary. 13

Chapter 2. Global Automotive Seat Market Overview. 15

2.1. Introduction. 15

2.1.1. Global Automotive Seat Market Taxonomy. 15

2.1.2. Global Automotive Seat Market Definition. 15

2.2. Global Automotive Seat Market Size (US$ Mn) and Forecast, 2012-2022. 15

2.2.1. Global Automotive Seat Market Y-o-Y Growth. 15

2.3. Global Automotive Seat Market: Macroeconomic Factors. 16

2.4. Global Automotive Seat Market: Impact Factor Analysis. 18

2.5. Supply Chain. 19

2.6. Cost Structure. 20

2.7. Key Participants Market Presence (Intensity Map) By Region. 20

Chapter 3. Global Automotive Seat Market Analysis and Forecast By Product Type. 21

3.1. Global Automotive Seat Market Size and Forecast By Product Type, 2012-2022. 21

3.1.1. Split Bench/ Bench Automotive Seat Market Size and Forecast, 2012-2022. 21

3.1.1.1. Revenue (US$ Mn) Comparison, By Region. 21

3.1.1.2. Market Share Comparison, By Region. 22

3.1.1.3. Y-o-Y growth Comparison, By Region. 23

3.1.2. Bucket Automotive Seat Market Size and Forecast, 2012-2022. 23

3.1.2.1. Revenue (US$ Mn) Comparison, By Region. 23

3.1.2.2. 3.1.2.2. Market Share Comparison, By Region. 25

3.1.2.3. Y-o-Y growth Comparison, By Region. 26

Continued….

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