Ventilated Seats Market Overview
The incremental demand noted for add-ons in
automobiles are estimated to drive the ventilated seats market 2023. The
automotive components reports are made by Market Research Future, which
includes market possibilities for advancement. A CAGR of 5.3% is estimated to
steer the market to USD 11 Billion by 2030.
The Ventilated Seats Market has experienced
significant growth in recent years, driven by the rising demand for enhanced
comfort and luxury features in automobiles. Ventilated seats utilize advanced
technology to circulate air through the seat surface, providing a cooling
effect that enhances overall driving experience, especially in hot climates. As
consumers increasingly prioritize comfort and well-being in their vehicles,
automotive manufacturers are incorporating ventilated seats as a key selling
point, not only in high-end luxury vehicles but also in mid-range and
entry-level models. This expanding market is witnessing innovations in design
and functionality, with companies continuously striving to develop more
efficient and customizable ventilation systems to meet the diverse preferences
of consumers
The market is also influenced by the growing
awareness of the health benefits associated with ventilated seats. Improved air
circulation not only contributes to a more pleasant driving experience but also
helps alleviate issues such as back sweat and discomfort during long journeys.
Moreover, the automotive industry's focus on sustainability and energy
efficiency has led to the development of eco-friendly ventilated seat systems,
aligning with the broader trend towards environmentally conscious technologies.
With the automotive market evolving towards smarter and more connected
vehicles, the Ventilated Seats Market is expected to witness sustained growth
as manufacturers integrate these features into their vehicles to meet the
evolving demands of today's discerning consumers.
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Key Players:
- Lear
Corporation (US)
- Magna
International Inc. (Canada)
- Adient
plc (US)
- Toyota
Boshoku Corporation (Japan)
- Gentherm
(US)
- Dura
Automotive Systems (US)
- Ebm
Papst Group (Germany)
- NHK
Spring CO. Ltd (Japan)
- Faurecia
SA (France)
- TS
Tech Co. Ltd (Japan)
- Brose
Fahrzeugteile GmbH &Co. (Germany)
- Continental
AG (Germany).
Segmental Analysis
The segmental assessment of the ventilated seats
market is conducted based on sales channel, propulsion, vehicle type, and
region. Based on the vehicle types, the ventilated seats market is segmented
into light commercial vehicle, passenger car, and heavy commercial vehicle.
Based on the propulsion, the ventilated seats market is segmented into electric
vehicle (EV) and internal combustion engine (ICE). The electric vehicle segment
is segmented further into plug-in EV, battery EV, and hybrid EV. Based on the
sales channel, the ventilated seats market has been segmented into aftermarket
and OEM. Based on the regions, the ventilated seats market is segmented into
Europe, Asia Pacific, North America, and the rest of the regions.
Detailed Regional Analysis
The regional investigation into the ventilated
seats market includes regions such as Europe, Asia Pacific, North America, and
the rest of the regions. The market in the Asia-Pacific is estimated to lead
the ventilated seats market throughout the forecast period due to the rising
automotive ventilated seat industry in China, Thailand, Indonesia, and Japan.
Also, improved manufacturing facilities and deals for luxury cars are projected
to improve the demand for ventilated seats in this region. Also, the growth in
per capita disposable income from Australia, China, and India, the emphasis on emission
decrease, and the growing population leading to the development is adding to
the market progress.
The North American region is projected to develop
at an extraordinary rate throughout the forecast period owing to the developing
demand for independent and semi-autonomous vehicles in the US and Canada.
Besides, the new e-commerce sector and increasing deployment of ventilated
front seats in commercial vehicles such as tractors, heavy-duty trucks, and
buses from the US and Canada is anticipated to boost the market. The burgeoning
demand for comfortable and expensive seating features and aftermarket for
cooled seats is encouraging the market growth in the European region.
Competitive Analysis
The trade blockades are, however, estimated to
slow down the momentum that could be attained by the market. The companies in
the market are estimated to solely focus on getting their growth paths back on
track to maximize the opportunities that may arise. The reinforcement of the
distribution channels is estimated to further place the market in the right
place for the future.
The emphasis on marketing strategies is estimated
to decline due to the focus being placed on cost optimization. The contender's
progress in the market is estimated to be bolstered by the innovations that are
being undertaken to enhance the core product offering in the upcoming period.
The market is estimated to be energized by the incentives offered by the
governments and the initiatives taken to spur the global market.
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