Automotive Seat Market Synopsis:
The prominent players in the Automotive Seat market include ZF (Germany), Chevrolet (U.S.), Dodge (U.S.), GMC (General Motors Truck Company) (U.S.), Toyota Motor Corporation (Japan), Volvo trucks (Sweden), Paccar Inc. (U.S.), Daimler Trucks North America LLC (U.S.), Caterpillar Inc. (U.S.), MAN Truck & Bus AG (Germany) and Cummins (U.S.) others.
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Though seating is not one of the key reasons for purchasing in case of automobiles, they are important in the overall look and comfort offered to passengers in their usage of the vehicle. Seat manufacturers are taking various steps to innovate in the ergonomic and aesthetic features of the end product. The development in the growth of the lightweight interior parts to improve fuel efficiency is expected to boost the overall market share in the forecast period.
The factors that are responsible for the growth of automotive seat market are the growing development in the technology, manufacturers focusing on lightweight seats, growth in the automotive industry, increasing comfort to the rider, and others. The auto manufacturers are moving towards innovation of their products. The primary focus is on smart seats for smart cars that will enhance the comfort provided by the seat. The innovation made in the vehicle seats, will result in the growth of the market during the forecast period. The automotive manufacturers in emerging nations are focusing on the development of the lightweight interior parts, to improve the fuel efficiency, which will result in the growth of the market during the forecast period.
Automotive Seat are used in vehicles to provide comfort to the passenger and driver. The seats are made with durable materials, due to which the prices are much higher. The mostly used material in vehicle seats is polyester. There are various types of seats that can be fitted in the vehicle. The different types include bench seat, bucket seat, and folding seat. The driver seat is an integral part of the vehicle because it provides access to the controls and comfort to the driver. A bucket seat is a type of separate seat that is designed to accommodate only one person. A bench seat is quite different from the bucket seat because it has a flat platform designed to accommodate more than two persons. It is installed at the rear of the vehicles to accommodate more people in a car. The various technologies that are used in the seat to provide comforts to the ride, are powered, heated, powered & heated, and standard. The automotive OEMs of seats are majorly focusing on developing lightweight seats to reduce the overall weight of the vehicle and improve the fuel efficiency of the vehicle. The manufacturing of seats is very expensive, which has stood in the way of the manufacturers to reduce their cost, resulting in a restraint in the market. According to Faurecia, seats account for about 5% of the total cost incurred in the vehicle.
Market Segments Analysis:
The market for automotive seat is segmented based on type, region, material, technology, and vehicle type.
On the basis of type, the automotive seat market is segmented into bench, folding, bucket, and others.
The segmentation on the basis of technology comprises of heated, powered, standard and powered & heated.
On the basis of Material, the market is segmented into genuine leather, synthetic leather, and fabric. The vehicle type segment of the automotive seat market consists of commercial vehicle and passenger car. The market includes regions such as Asia Pacific, North America, Europe, and Rest of the World.
Regional Analysis:
On the basis of region, the market has been segmented as North America, Asia Pacific, Europe, and Rest of the World. Asia Pacific region is expected to dominate the automotive seat market during the forecast period due to the growing demand of hybrid and electric vehicles in emerging nation such as India, China, and Japan. Asia Pacific has witnessed the highest production of passenger and commercial vehicle, due to which, the demand for installation of seats with latest technology, will increase. This will drive the market in Asia Pacific. Europe is expected to be the second largest market; and is expected to dominate due to increase demand of high-end cars in Europe. The high-end cars will require latest technology to be installed in the vehicles, which will result in increased use of seats in the vehicles.
The report for Global Automotive Seat Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
TABLE OF CONTENTS:
1 EXECUTIVE SUMMARY
2 SCOPE OF THE REPORT
2.1 MARKET DEFINITION
2.2 SCOPE OF THE STUDY
2.2.1 RESEARCH OBJECTIVES
2.2.2 ASSUMPTIONS & LIMITATIONS
2.3 MARKETS STRUCTURE
3 MARKET RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS
3.2 SECONDARY RESEARCH
3.3 PRIMARY RESEARCH
3.4 FORECAST MODEL
4 MARKET LANDSCAPE
4.1 FIVE FORCES ANALYSIS
4.1.1 THREAT OF NEW ENTRANTS
4.1.2 BARGAINING POWER OF BUYERS
4.1.3 BARGAINING POWER OF SUPPLIERS
4.1.4 THREAT OF SUBSTITUTES
4.1.5 SEGMENT RIVALRY
4.2 VALUE CHAIN/SUPPLY CHAIN OF GLOBAL Automotive Seat MARKET
5 INDUSTRY OVERVIEW OF GLOBAL Automotive Seat MARKET
5.1 INTRODUCTION
5.2 GROWTH DRIVERS
5.3 IMPACT ANALYSIS
5.4 MARKET CHALLENGES
Continued…
LIST OF TABLES:
TABLE 1 GLOBAL Automotive Seat Automotive Seat MARKET: BY REGION, 2017-2023
TABLE 2 NORTH AMERICA Automotive Seat MARKET: BY COUNTRY, 2017-2023
TABLE 3 EUROPE Automotive Seat MARKET: BY COUNTRY, 2017-2023
TABLE 4 ASIA PACIFIC Automotive Seat MARKET: BY COUNTRY, 2017-2023
TABLE 5 MIDDLE EAST & AFRICA Automotive Seat MARKET: BY COUNTRY, 2017-2023
TABLE 6 LATIN AMERICA Automotive Seat MARKET: BY COUNTRY, 2017-2023
Continued…
LIST OF FIGURES:
FIGURE 1 GLOBAL Automotive Seat MARKET SEGMENTATION
FIGURE 2 FORECAST METHODOLOGY
FIGURE 3 FIVE FORCES ANALYSIS OF GLOBAL Automotive Seat MARKET
FIGURE 4 VALUE CHAIN OF GLOBAL Automotive Seat MARKET
FIGURE 5 SHARE OF GLOBAL Automotive Seat MARKET IN 2017, BY COUNTRY (IN %)
FIGURE 6 GLOBAL Automotive Seat MARKET, 2017-2023,
FIGURE 7 SUB SEGMENTS OF COMPONENT
FIGURE 8 GLOBAL Automotive Seat MARKET SIZE BY COMPONENT, 2017
Continued…
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