Automotive Seats Market Size, Share, Growth, Trends, and Global Industry Analysis: By Trim Material (Fabric, Synthetic Leather, Genuine Leather), By Seat Type (Bucket Seat, Bench Seat), By Vehicle Type (Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle), By Vehicle Energy (Gasoline, Diesel, Electric, LPG) and Region Forecast 2019-2030

Automotive Seat Market size was valued at US$ 63.1 billion in 2023 and is expected to reach US$ 104.41 billion by 2030, at a CAGR of 6.2% from 2024 to 2030. Some of the key factors fueling the market growth include increasing worldwide vehicle production together with rise in sales of luxurious vehicles in developing countries, growing demand for SUVs, rise in need for climate-controlled seat technology, demand for lightweight automotive seats, growing demand for safety features and increase in demand for premium and luxury vehicles.

However, the high cost of advanced & modular seats and changing consumer needs & preferences are hampering the market growth. In addition, the increasing usage of lightweight materials and the development of advanced seating technologies are hindering market growth. This report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities, and possible challenges to the key stakeholders operating in the market. In addition, the global automotive seats market report includes human demographics; regulatory scenario, and competition analysis with a vividly illustrated competition dashboard to assess the market competition. 

Automotive Seats Market Key Developments

• In 2019, Lear Corporation a global automotive technology leader in seating and electrical and electronic systems through its subsidiary Xevo partnered with Hyundai Motor Company in order to deliver Xevo Market capabilities in Hyundai vehicles in the U.S. and Europe.