Asia-Pacific Automotive Seat
Market
Asia-Pacific
Automotive Seat Market is growing as the country continues to be the
world’s largest automobile producer. The demand for high-quality, comfortable,
and technologically advanced seats is increasing, particularly in the luxury
and electric vehicle segments. Local manufacturers are focusing on innovation,
such as adjustable, heated, and ventilated seats, to meet consumer
expectations.
The major elements that are playing a vital role in the expansion of the
automotive seat market 2020 are the, increasing comfort to the rider,
manufacturers fixating on lightweight seats, increasing advancement in the
technology, expansion in the automotive sector, and others. The auto
manufacturers are moving ahead intending to innovate their products. The major
focus towards the smart seats for smart cars that will increase the ease
provided by the seat. The innovation integrated into the vehicle seats
will lead to the expansion of the market during the review period. The
automotive manufacturers in evolving nations are focusing on the advancement of
the lightweight interior parts, to enhance fuel-efficiency, which will emerge
as the growth of the market during the review period.
Market Segmentation
The automotive seat market is divided based on material, type,
vehicle type, technology, and region.
On the basis of material, the market has been segmented into synthetic
leather and genuine leather.
On the basis of type, the market is segregated into folding, bucket,
bench, and others. The bench seat segment is likely to acquire the monopoly of
the market during the review period. This will lead to increased use of bench
seats in all types of vehicles, including commercial vehicles, and passenger
cars. This will result in the expansion of the market during the review period.
On the basis of vehicle type, the market has been segmented into a
commercial vehicle and passenger car.
On the basis of technology, the market has been segregated as heated,
powered, powered & heated, and standard. The powered & heated segment
in the automotive seat market is believed to reign the market during the
forecast period because it assists with both power capability and temperature
control capability. The heated seats are majorly integrated into most exclusive
cars, which will lead to the rise of the market during the forecast period.
On the basis of region, the market has been segregated into Asia
Pacific, Europe, and North America.
Regional Market
On the basis of region, the market has been classified as Asia Pacific,
Europe, North America, and the Rest of the World. Asia Pacific region is likely
to lead the automotive seat market during the review period due to the rising
demand for hybrid and electric vehicles in developing countries such as China,
India, and Japan. The Asia Pacific has achieved the maximum manufacturing of
passenger and commercial vehicles, owing to this, the demand for installation
of seats with the latest technology will eventually rise. This will bring a
positive impact on the market of the APAC region.
Europe is estimated to be the second-largest market in automotive
because of the high demand for luxury vehicles. The great demand for luxury
vehicles will claim modern technology to be integrated into vehicles.
Modern technology will lead to greater use of the powered and heated seat
in the vehicle. This will result in the rise of the market in Europe.
North America is likely to be the third most potent market in the
automotive seat market during the forecast period due to rising government
regulation for the advancement of lightweight parts. The lightweight seats in
the vehicle will increase the fuel efficiency of the vehicle and will drive the
market in the future.
Key Players
The key players in automotive seat
market are Marter Automotive Seating Systems (Turkey) Lear Corporation (U.S.),
Faurecia (France), Toyota Boshoku Corporation (Japan), Fisher and Company
(Austria), Grammer Seating Systems (Germany), Johnson Controls (U.S.), TS Tech Co. Ltd (Japan), Magna International
Inc. (Canada), IFB Automotive (India),
Aktis Engineering Solutions (India), DURA Automotive Systems (U.S.),
Tata Autocomp Systems Limited (India), TM Automotive Seating Systems Private
Limited (India), and RECARO Automotive (Germany).
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