DALLAS, March 30, 2015 /PRNewswire/ --
ChinaMarketResearchReports.com adds Global and China Automotive Seating Industry Report, 2014-2015 market research of 103 pages, published in March 2015, to the Automotive & Transportation intelligence collection of its store. Complete report is available at http://www.chinamarketresearchreports.com/115034.html.
Global automotive seating manufacturers can be divided into three camps, namely North America, Japan and Europe that held about 50%, about 30% and 13% market share in 2014 respectively. Compared with 36% in 2010, the market share of Japanese manufacturers in 2014 was lower because of the depreciation of the yen instead of their weakened competitiveness.
Mergers and acquisitions occur frequently in the seating field. Large manufacturers are keen on taking over seating parts producers to improve the supply chain. Recently, Lear has acquired the world's largest manufacturer of automotive leather seating -- Eagle Ottawa for USD850 million. In 2012, Lear spent USD257 million on purchasing Guilford Mills which is an automotive seating fabric manufacturer. By virtue of mergers and acquisitions, Lear has become the most promising player in the seating market, and saw its revenue surge 10.8% in 2014. By contrast, Magna suffers consecutive decline, and supposes seating business as a burden; therefore, it has to either sell the business or acquire small factories to enhance competitiveness.
Johnson Controls Inc (hereinafter referred to as JCI), as the world's largest automotive seating manufacturer, firmly grasps the Chinese market, from which JCI reaped the revenue of USD6.1 billion in 2014 being the largest origin of its proceeds. JCI boasts 61 production bases in 30 cities throughout China with nearly 28,000 employees, serving all of car makers. 42 ones of these bases are joint ventures in which JCI enjoys the absolute right to speak, while JCI's Chinese partners only play the role of financial investors. JCI seizes 53% market share in China.
European manufacturers are a great deal interested in the Chinese market as well. Faurecia plans to build seven new plants in China in the next three years, including six joint ventures and a sole proprietorship. Besides, Brose intends to raise the capacity of its Shanghai Plant; and Lear makes more investments in China. However, Japanese companies almost have no new investment plan due to the tension of Sino-Japanese ties. Place a direct purchase order of this report at http://www.chinamarketresearchreports.com/contacts/purchase.php?name=115034 .
Automotive Seating Manufacturers
Toyota Boshoku, Changchun Faway Toyota Boshoku Auto Parts Co., Ltd., Tianjin Intex Auto Parts Co., Ltd, Tianjin Kahou Automotive Decoration Co., Ltd, Tianjin Feng'ai Automotive Seat Parts Co., Ltd., Tianjin Toyota Boshoku Automotive Parts Co., Ltd, Chengdu Toyota Boshoku Automotive Parts Co., Ltd, Shanghai Toyota Boshoku Automotive Parts Co., Ltd, Kunshan Toyota Boshoku Automotive Parts Co., Ltd., Ningbo ARACO Co., Ltd, Toyota Boshoku Ningbo Co., Ltd, Guangzhou Intex Auto Parts Co., Ltd, Feng'ai (Guangzhou) Auto Seat Parts Co., Ltd., Toyota Boshoku Foshan Co., Ltd., TS, Guangzhou TS Automotive Interior Systems Co., Ltd., Wuhan TS-GSK Auto Parts Co., Ltd., TACHI-S, TACLE Guangzhou Automotive Seat Co., Ltd., Faurecia, Lear, Lear Dongfeng Automotive Seating Co., Ltd, Jiangxi Jiangling Lear Interior Systems Co., Ltd., Shenyang Lear Automotive Seating and Interior Systems Co., Ltd, Chongqing Lear Chang'an Automotive Interior Decoration Co. Ltd, Lear (Wuhu), Lear Automotive Fabric Co., Ltd, Nanjing Lear Xindi Automotive Interiors System Co., Ltd, TACLE Guangzhou Automotive Seat Co., Ltd., Lear Corporation Changchun Automotive Interior System Co., Ltd, Beijing Lear Dymos Automotive Systems Co., Ltd, Shanghai Lear STEC Automotive Parts Co., Ltd, Johnson Controls, KEIPER
Shanghai YFJC, Nanjing YFJC, Wuhu Johnson Controls Yunhe Automotive Seating Co., Ltd, Chongqing YFJC, Guangzhou Dongfeng Johnson Controls Automotive Seating, Changchun Faway-Johnson Controls Automotive Systems Co., Ltd., Changchun FAW Faway Johnson Controls Metal Components Co., Ltd., Magna, Brose, DYMOS, Sitech, Changchun Xuyang, WuHan New Yunhe Automotive Seating Co., Ltd, Hubei Aviation Precision Machinery Technology Co., Ltd, GSK Industrial, NHK Spring
The seemingly simple automotive seating actually reflects a country's machining ability. In the world, at most 20 companies are capable of producing automotive seating whose frames are made of precision metals via stamping, while nearly a thousand companies have the capability to produce automotive engines.
In 2010, the global light vehicle output amounted to about 74.8 million; averagely, the automotive seating of a light vehicle was tagged with the selling price of approximately USD742, so the global light vehicle seating market valued USD53.8 billion. In 2014, the average selling price was USD786, a slight increase over USD771 in 2013; the global market was worth USD66.8 billion. In 2015, the average selling price is expected to reach USD800 and the overall market size will grow 30.3% from 2010 to USD70.1 billion.
Global and Chinese Automotive Market
Volkswagen, Mercedes-Benz and BMW, Volvo, PSA and Fiat, GM and Hyundai, Toyota, Renault-Nissan
List of Charts
Global Automobile Sales Volume, 2010-2015
Global Light Vehicle Output by Region, 2003-2015
Automobile Sales Volume in China, 2005-2015
Annual Sales Volume and YoY Growth Rate of Automobiles in China by Type, 2008-2015
Scale of Global Passenger Car Seating Industry, 2006-2016E
Revenue of TS by Region, FY2010-FY2015
Operating Income of TS by Region, FY2010-FY2015
Operating Income of TS, FY2015
TS TECH Capital Investment Depreciation by Region, FY2014-2015
Revenue and Operating Margin of TACHI-S, FY2006-FY2015
Customer Distribution of TACHI-S, FY2007-FY2015
Revenue of TACHI-S by Region, FY2013-FY2015
Operating Income of TACHI-S by Region, FY2013-FY2015
Browse more reports on "Automotive & Transportation" @ http://www.chinamarketresearchreports.com/cat/automotive-transportation.html .
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