The global automotive ventilated seat market is projected to reach $7.7 billion by 2025, at a CAGR of 2.0% during 2020-2025. The growth of automotive ventilated seat market is driven by increasing vehicle production, and rising demand for comfort and luxury features in vehicle interiors.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising, high-growth opportunities for the automotive ventilated seat market
by vehicle type (mid-size cars, large cars, SUVs and crossovers, MPVs, HCVs,
and others), end user (OEM and aftermarket), and region (North America, Europe,
Asia Pacific, and the Rest of the World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the automotive ventilated seat market?
Q.4 What are some
changing demands of customers in the automotive ventilated seat market?
Q.5 What are the new
developments in the automotive ventilated seat market? Which companies are
leading these developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this automotive ventilated seat area and
how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this automotive ventilated seat market?
Emerging trends, which
have a direct impact on the dynamics of the industry, include introduction of
TDI low-VOC foam in vehicle seats and development of lightweight seats.
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Market Segmentation:
Based on vehicle type,
the automotive ventilated seat market
is segmented into mid-size cars, large cars, SUVs and crossovers, MPVs, HCVs,
and others. The mid-size car and SUVs and crossovers segment accounted for the
largest share of the market in 2020 due to increasing installation of
ventilated seats in the mid-size and SUV and crossover segment.
North America is
expected to be the largest region due to higher domestic demand for luxury
vehicles, and increasing penetration rate of automotive ventilated seats as
automakers focus on convenience systems for vehicle’ safety and comfort.
Key Players in the automotive
ventilated seats market are Adient plc, Lear Corporation, Toyota Boshoku
Corporation, Faurecia SA, Magna International Inc., TS TECH CO., Ltd, Brose Fahrzeugteile
GmbH &Co., NHK Spring CO. Ltd, Tachi-S CO., Ltd and Grammer AG, and others.
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The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
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Lucintel
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consulting, M&A, and due diligence services to executives and
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Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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