The future of the global automotive seat market looks promising with opportunities in the mid-size and large car segment. The global automotive seat market is expected to reach an estimated $78.7 billion by 2022 and it is forecast to grow at a CAGR of 3.0% from 2017 to 2022. The major drivers of growth for this market are increasing vehicle production, the rising trend of high value seat with integrated smart technology for advanced vehicle comfort and safety.
Emerging trends, which have a direct impact on the dynamics of the automotive seat industry, include the introduction of TDI Low-VOC foam in vehicle seats and the development of light weight seats.
On the basis of this comprehensive research, the report forecasts that the powered seat and heated seat segments are expected to show above average growth during the forecast period.
Within the global automotive seat market, the heated seat segment is expected to remain the fastest growing market, as it provides thermal comfort for the user and it enhances the vehicle's heating system. The powered seat can be lowered or raised and titled according to the needs of the driver and passengers. Growing sales of luxury vehicles and the increasing adoption of powered seats in the mid-segment cars are expected to spur growth for this segment over the forecast period.
Brose Fahrzeugteile GmbH & Co.
Magna International Inc
NHK Spring CO., Ltd
TS TECH CO., LTD.
Tachi-S CO., LTD
Toyota Boshoku Corporation
Key Topics Covered:
1. Executive Summary
2. Market Background and Classifications
3. Market Trends and Forecast Analysis from 2011 to 2022