Press Release Description
Automotive Seats Market Set to Achieve CAGR of 3.0% from 2025 to 2030
The Global Automotive Seat Market is projected to grow at a CAGR of 3.0% in the forecast period of 2025-30, cites MarkNtel Advisors in the recent research report. The growing demand for and development of hybrid and electric vehicles and the rising focus on advanced driver assistance, electric vehicles, and high-end cars is aiding the market growth. Besides, additional features for comfort and safety in modular automotive seats, such as climate control, ventilation, noise cancellation, massage, headphones, and more, are further fueling the industry growth. On the other hand, the surging disposable income in developing countries and emerging economies with increasing buying power to satisfy consumer requirement of owning a vehicle is promising lucrative prospects for the industry, further states the research report, “Global Automotive Seat Market Analysis, 2025.”
Global Automotive Seat MarketSegmentation Analysis
Surging Disposable Income Open Up Avenues for Passenger Commercial Vehicles
Passenger Commercial Vehicles is expected to garner the largest market share amongst the Type of Vehicles in 2025-30. The market growth is attributed to the wide range of options in terms of features and designs available across passenger vehicles. Besides, the consumer’s preference for owning a personal vehicle is increasing the sales of passenger vehicles. Moreover, mounting demand for connected vehicles & autonomous driving and increased shared mobility due to the burgeoning emergence of ride-sharing companies strongly contribute to the market growth in coming years.
Asia-Pacific Dominates the Market with The Largest Share through 2030
The presence of leading manufacturers and market participants in the region contributes to the region’s growth. Additionally, the increasing disposable income influenced by rapid urbanization and industrialization resulting in improved production, sales, and demand for automotive seats is expected to continue in the same trend, propelling the market growth. Furthermore, the increasing sales of vehicles in India, combined with China being the global automotive manufacturing hub, would accelerate the market forward.
Competitive Landscape
With strategic initiatives such as mergers, collaborations, and acquisitions, the leading market companies include Faurecia Services Group Sasu, Dura Automotive Systems, LLC, Lear Corporations, Magna International Inc., Toyota Bushoku Corporation, Tata Autocomp Systems, Fisher and Company, Johnson Controls Inc., Grammer Seating Systems, TS Tech Co. Ltd., and Others are looking forward to strengthening their market positions.
Key Questions Answered in the Research Report?
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What key factors would propel and impede the industry across the country?
- How has the industry been evolving in terms of geography & service adoption?
- How has the competition been shaping up across the country?
- How have buying behavior, customer inclination, and expectations from product manufacturers been evolving during 2020-30?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
Place an order
USD 3,700
USD 4,850
USD 6,000
USD 7,500
100% Safe & Secure
Strongest encryption on the website to make your purchase safe and secure