Global Automotive Seating Market Report 2017 to 2022: Analysis, Size, Share, Growth, Demand, Trends and Forecast 2017 – 2022

Posted on 2018-04-18 by Mark Hub in Automotive, Industrial // 0 Comments

Rockville, US, 2018-Apr-18 — /EPR Network/ — Fact.MR has been actively involved in offering comprehensive research data concerning various topics which are associated to industrial reference and investor utility. “Automotive Seating Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” Readers can access knowledge related to market volume, regional expanse as well as competitive landscape prevailing in the global automotive seating market. In order to study development patterns, this smart assessment also focuses on market dynamics, which talks about drivers, restraints and opportunities estimated to influence the concerned market during the forecast period.

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Comfort is of paramount significance for drivers as well as passengers of automobiles. Automakers are adopting innovative seating designs to cater to this stipulation. From passenger cars to heavy commercial vehicles, automotive seats are attracting the attention from manufacturers and customers, alike. Improvement in automotive seating of vehicles is also expected to lower post-accident traumas for vehicle occupants. Advanced seats are also observed as critical tools for ensuring a safe road travel for passengers. Fact.MR’s new report on the global market for automotive seats assesses multiple factors that will impact the market’s growth through 2022.

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.

Increased R&D Could Lead to Newer and Better Automotive Seat Materials

The R&D budget of major players in the automobile industry is growing by leaps and bounds, as they need to take into consideration the emerging threat from Silicon Valley. Typically, OEM’s have focused their attention on hardware but as technology plays a larger role in future vehicles, the industry has been forced to dive headlong into an area where they have minimal knowledge and exposure. At the pace which new technologies are transforming our lives, it is essential for automakers to increase their R&D speed and scale. All of these changes are expected to have an oversized impact on all aspects of the industry, including the automotive seat market. The automotive seat market is anticipated to grow by almost US$ 10 billion over the 5 year period from 2017-2022 and reach a robust value by end 2022 – recording a 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.

Standard Technology Leads Powered Tech in the Automotive Seat Market

With more than two-third revenue share, the standard segment enjoys a commanding lead over powered technology in the automotive seat market. The share of APEJ with respect to standard technology is roughly one-third and it could grow to US$ 10 billion by the year 2022.

Leading companies profiled in the market are Lear Corporation, Faurecia SA, Toyota Boshoku Corporation, TACHI-S Co., Ltd., TS TECH Co. Ltd, IFB Industries Limited, Adient Plc, and Gentherm Inc.

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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
2.3.1. Economic Outlook. 16
2.3.2. Profitability of Enterprises. 16
2.3.3. Inflation and Deflation. 17
2.3.4. Increasing Purchasing Power of Middle Class. 17
2.3.5. Complex Eco System. 17
2.3.6. Risk Mitigation. 17
2.4. Global Automotive Seat Market: Impact Factor Analysis. 18
2.4.1. Shift toward Green Technology. 18
2.4.2. The Influence of China. 18
2.4.3. Dilemma on Shift to New Technologies. 18
2.4.4. Increasing R&D expenditure. 19
2.5. Supply Chain. 19
2.6. Cost Structure. 20
2.7. Key Participants Market Presence (Intensity Map) By Region. 20

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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Automotive Market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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