Automotive Seats Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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Automotive Seats Market: 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), Vehicle Energy ( Gasoline, Diesel, Electric, LPG) and Geography

 

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Report

Description

The global automotive seats market size valued USD 60.1 billion in 2021 and expected to reach USD 103.41 billion by 2028, at a CAGR of 5.2% during the forecast period 2022-2028Some 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, high cost of advanced & modular seats and changing consumer needs & preferences are hampering the market growth. In addition, increasing usage of lightweight materials and development of advanced seating technologies are hindering the market growth. This report studies global automotive seats market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global automotive seats market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global automotive seats market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities).

 

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.

 

Automotive Seats Market

MARKET SUMMARY
-
5.2% CAGR
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 5.2%
  • Largest Market– Asia-Pacific
  • Fastest Growing Market– North America

Automotive Seats Market

  • The report on global automotive seats market gives historical, current and future market sizes (US$ Bn) on the basis of trim material, seat type, vehicle type, vehicle energy source and region.
  • automotive seats market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • Key stakeholders of the global automotive seats market report include suppliers, manufacturers, marketers, policy makers, and service providers engaged in global automotive seats products.
Key Players
  • Adient PLC
  • Lear Corp.
  • Faurecia
  • Toyota Boshoku Corp.
  • Magna International
Automotive Seats Market Drivers And Restraints

Passenger Vehicle segment accounted for larger revenue share in global automotive seats market with a significant CAGR and is expected to grow over the forecast years due to the availability of low production cost and labor cost, Factors such as the declining sales tax and high discounts offered by dealers, contribute to the increasing sales of passenger cars. Also, this segment offers small SUVs that combine the functionality of utility vehicles. Owing to their benefits, the demand for passenger car such as SUVs will increase in the coming years, providing growth opportunities to the players in the passenger car seat market.


Asia-Pacific Got Significant Share

Automotive Seats Market

Asia Pacific accounted for considerable revenue share in global automotive seats market and is expected to grow over the forecast years. The presence of some key car manufacturers and rising purchasing power of individuals in the region will drive the growth of the market. The rise in per capita income is driving the sales of passenger and commercial vehicles in the region, which will influence the growth of market. Emerging trends in automobile seating systems, increasing vehicle production will be major factors to drive the growth for market growth in the region. India, China Japan and South Korea will be prime contributors of market due the increase in Foreign Direct Investment and Government Policies supporting manufacturers.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2015-2020) and forecast (2021-2027)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Automotive Seats Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The automotive seat market is projected to expand at a CAGR of 5.2% during the forecast period.

Adient PLC, Lear Corp, Faurecia, Toyota Boshoku Corp, Magna International

Asia pacific  is the fastest-growing region for the automotive seat market


Report

Table Of Content

Table of Content

  1. Executive Summary
  2. Global Automotive Seats Market Introduction
    • Global Automotive Seats Market – Taxonomy
    • Global Automotive Seats Market –Definitions
      • Trim Material
      • Seat Type
      • Vehicle Type
      • Vehicle Energy Source
  1. Global Automotive Seats Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Automotive Seats Market Dynamic Factors – Impact Analysis
    • Global Automotive Seats Market – Competition Landscape
  2. Global Automotive Seats Market Analysis,2015 – 2019 and Forecast, 2020 – 2026
    • Market Analysis,2015 – 2019 and Forecast, 2020 – 2026(Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global Automotive Seats Market, By Trim Material, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Fabric
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Synthetic Leather
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Genuine Leather
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Automotive Seats Market, By Seat Type, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Bucket Seat
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Bench Seat
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Automotive Seats Market, By Vehicle Type, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Passenger Vehicle
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Light Commercial Vehicle
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Heavy Commercial Vehicle
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Automotive Seats Market, By Vehicle Energy Source, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Gasoline
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Diesel
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Electric
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • LPG
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Automotive Seats Market Forecast, By Region, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2015 – 2019and Forecast, 2020 – 2026(Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2015 – 2019and Forecast, 2020 – 2026(Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2015 – 2019and Forecast, 2020 – 2026(Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2015 – 2019and Forecast, 2020 – 2026(Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2015 – 2019and Forecast, 2020 – 2026(Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Automotive Seats Market – Opportunity Analysis Index, By Trim Material, Seat Type, Vehicle Type, Vehicle Energy Source and Region, 2020 – 2026
  2. North America Automotive Seats Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Trim Material Analysis 2015 – 2019 and Forecast 2020 – 2026by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Fabric
      • Synthetic Leather
      • Genuine Leather
    • Seat Type Analysis 2015 – 2019 and Forecast 2020 – 2026by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Bucket Seat
      • Bench Seat
    • Vehicle Type Analysis 2015 – 2019 and Forecast 2020 – 2026by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Passenger Vehicle
      • Light Commercial Vehicle
      • Heavy Commercial Vehicle
    • Vehicle Energy Source Analysis 2015 – 2019 and Forecast 2020 – 2026by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Gasoline
      • Diesel
      • Electric
      • LPG
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • S.
      • Canada
    • North America Automotive Seats Market – Opportunity Analysis Index, By Trim Material, Seat Type, Vehicle Type, Vehicle Energy Source and Country, 2020 – 2026
    • North America Automotive Seats Market Dynamics – Trends
  3. Europe Automotive Seats Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Trim Material Analysis 2015 – 2019 and Forecast 2020 – 2026by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Fabric
      • Synthetic Leather
      • Genuine Leather
    • Seat Type Analysis 2015 – 2019 and Forecast 2020 – 2026by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Bucket Seat
      • Bench Seat
    • Vehicle Type Analysis 2015 – 2019 and Forecast 2020 – 2026by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Passenger Vehicle
      • Light Commercial Vehicle
      • Heavy Commercial Vehicle
    • Vehicle Energy Source Analysis 2015 – 2019 and Forecast 2020 – 2026by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Gasoline
      • Diesel
      • Electric
      • LPG
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • United Kingdom
      • Germany
      • France
      • Italy
      • Spain
      • Rest of Europe
    • Europe Automotive Seats Market – Opportunity Analysis Index, By Trim Material, Seat Type, Vehicle Type, Vehicle Energy Source and Country, 2020 – 2026
    • Europe Automotive Seats Market Dynamics – Trends
  4. Asia-Pacific Automotive Seats Market Analysis, 2015 – 2019and Forecast, 2020 – 2026(Revenue, USD Mn)
    • Trim Material Analysis 2015 – 2019 and Forecast 2020 – 2026by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Fabric
      • Synthetic Leather
      • Genuine Leather
    • Seat Type Analysis 2015 – 2019 and Forecast 2020 – 2026by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Bucket Seat
      • Bench Seat
    • Vehicle Type Analysis 2015 – 2019 and Forecast 2020 – 2026by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Passenger Vehicle
      • Light Commercial Vehicle
      • Heavy Commercial Vehicle
    • Vehicle Energy Source Analysis 2015 – 2019 and Forecast 2020 – 2026by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Gasoline
      • Diesel
      • Electric
      • LPG
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • China
      • Japan
      • Australia & New Zealand
      • Rest of APAC
    • Asia-Pacific Automotive Seats Market – Opportunity Analysis Index, By Trim Material, Seat Type, Vehicle Type, Vehicle Energy Source and Country,2020 – 2026
    • Asia-Pacific Automotive Seats Market Dynamics – Trends
  5. Latin America Automotive Seats Market Analysis,2015 – 2019and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Trim Material Analysis 2015 – 2019 and Forecast 2020 – 2026by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Fabric
      • Synthetic Leather
      • Genuine Leather
    • Seat Type Analysis 2015 – 2019 and Forecast 2020 – 2026by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Bucket Seat
      • Bench Seat
    • Vehicle Type Analysis 2015 – 2019 and Forecast 2020 – 2026by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Passenger Vehicle
      • Light Commercial Vehicle
      • Heavy Commercial Vehicle
    • Vehicle Energy Source Analysis 2015 – 2019 and Forecast 2020 – 2026by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Gasoline
      • Diesel
      • Electric
      • LPG
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Rest of LATAM
    • Latin America Automotive Seats Market – Opportunity Analysis Index, By Trim Material, Seat Type, Vehicle Type, Vehicle Energy Source and Country, 2020 – 2026
    • Latin America Automotive Seats Market Dynamics – Trends
  6. Middle East and Africa Automotive Seats Market Analysis, 2015 – 2019and Forecast, 2020 – 2026(Revenue, USD Mn)
    • Trim Material Analysis 2015 – 2019 and Forecast 2020 – 2026by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Fabric
      • Synthetic Leather
      • Genuine Leather
    • Seat Type Analysis 2015 – 2019 and Forecast 2020 – 2026by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Bucket Seat
      • Bench Seat
    • Vehicle Type Analysis 2015 – 2019 and Forecast 2020 – 2026by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Passenger Vehicle
      • Light Commercial Vehicle
      • Heavy Commercial Vehicle
    • Vehicle Energy Source Analysis 2015 – 2019 and Forecast 2020 – 2026by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Gasoline
      • Diesel
      • Electric
      • LPG
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • GCC Countries
      • South Africa
      • Rest of MEA
    • MEA Automotive Seats Market – Opportunity Analysis Index, By Seat Type, End User, Seat Type, Deployment Trim Material, and Country, 2020 – 2026
    • MEA Automotive Seats Market Dynamics – Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Seat Type& Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • Adient PLC
      • Lear Corp.
      • Faurecia
      • Toyota Boshoku Corp.
      • Magna International
      • Aisin Seiki Co. Ltd
      • NHK Springs Corp.
      • Grupo Antolin
      • Recaro
      • TS Tech
  1. Research Methodology

Key Assumptions and Acronyms


Report

Company Profile

  • Key player’s profiles in the global automotive seats market include:

    • Adient PLC
    • Lear Corp.
    • Faurecia
    • Toyota Boshoku Corp.
    • Magna International
    • Aisin Seiki Co. Ltd
    • NHK Springs Corp.
    • Grupo Antolin
    • Recaro
    • TS Tech

Description

The global automotive seats market size valued USD 60.1 billion in 2021 and expected to reach USD 103.41 billion by 2028, at a CAGR of 5.2% during the forecast period 2022-2028Some 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, high cost of advanced & modular seats and changing consumer needs & preferences are hampering the market growth. In addition, increasing usage of lightweight materials and development of advanced seating technologies are hindering the market growth. This report studies global automotive seats market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global automotive seats market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global automotive seats market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities).

 

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.

 

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