Automotive Seating Systems Market: Asia and Europe to Remain Leading Regions

Posted on 2019-02-15 by Mark Hub in Automotive // 0 Comments

Rockville, USA, 2019-Feb-15 — /EPR Network/ — Fact.MR recently published a study on automotive seating market, which predicts that the automotive seating market will grow at a value CAGR of 5% during the forecast period 2017-2022. The ever-growing automotive production worldwide continues to trigger demand for high-quality automotive seating systems, which is redefining the growth of the automotive seating market. The Fact.MR study presents holistic information about the most crucial market dynamics that are driving the market to surpass US$ 40,000 million by the end of 2022.

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Luxury and Premium Automobiles Generate High Demand for Intelligent Automotive Seating

Technological perspicacity is aiding automotive seating manufacturers to draw attention from premium automakers that require various automotive parts with smart features. Leading manufacturers of automotive seating systems are focusing on upgrading the competence in offering high-tech features of car seats to gain recognition from luxury vehicle brands. Incorporating industry-leading technologies to provide intelligent automotive seating systems to premium automotive brands is expected to create multiple lucrative opportunities for stakeholders in the automotive seating market.

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Comfort and Safety to Remain Primary Concern for Manufacturer and Consumers

The incorporation of technologies is not only limited to developing intelligent and smart features of automotive seating systems; manufacturers are employing the latest technologies to meet consumer demands for comfort and convenience. Recent advancements in the field of biomechanics and ergonomics are enabling automotive seating manufacturers to produce multi-way adjustable automotive seating system without making seats heavier or bigger. Leading manufacturers in the automotive seating market are focusing on enhancing the safety features of automotive seating systems, such as stress detection and fatigue detection features.

“Adoption of advanced technologies to introduce innovative features of automotive seating is prevalent in the automotive seating market. Manufacturers are integrating sensors and software with automotive seating systems to provide more convenient, safer, and luxurious features. Incorporating next-generation technologies to win recognition from premium automakers, such as Mercedes, Lamborghini, Ferrari, and Jaguar, is another popular trend in the automotive seating market. Additionally, the automotive seating market is gaining momentum in the emerging nations in Asia-Pacific as automotive sales and production is high in the region. Developing business relationships automakers in emerging Asia can bode well for stakeholders in the automotive seating market in the upcoming years. Automotive seating manufacturers are investing heavily in as China and India to capitalize on extraordinary growth prospects of the automotive industry in developing countries,” says a lead analyst at Fact.MR.

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Leading stakeholder in the automotive seating market. Faurecia SA recently signed a new joint venture with a Chinese automaker – Liuzhou Wuling Industry Co.Ltd, to boost sales of automotive seating in the Chinese automotive industry in the upcoming years. The report presents the most recent information on the strategic developments of leading stakeholders in the automotive seating market to illustrate the competitive landscape of the automotive seating market.

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Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized 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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