DUBLIN--(BUSINESS WIRE)--The "Worldwide Automotive Seats Industry" report has been added to ResearchAndMarkets.com's offering.

With increasing adoption of multiple technologies in a single package, the demand for a combination of heated, ventilated, and memory seats and heated, ventilated, memory, and massage seats is expected to grow during the forecast period.

Heated seats offered in conjunction with powered seats are mainly equipped in mid and high-end SUVs. Europe is the second-largest market for heated & powered seats. Due to the hot weather conditions in India, Brazil, and Mexico, these countries present minimal demand for heated seats. Therefore, the heated & powered seats segment will exhibit moderate growth in these countries.

Buckets seats lead the market share in seat type segment

The automotive seats market, by seat type, in terms of value, is projected to grow from USD 51.5 billion in 2021 to USD 68.4 billion by 2030, at a CAGR of 3.2% in the period 2021-2030. Apart from the increasing production of all vehicle types, the growing demand for cabin comfort & luxury, as well as customer willingness to pay for them, has led to the bucket seat segment to occupy the leading position in this segment.

Synthetic leather is expected to hold the largest market share in trim materials of automotive seats by 2030

Synthetic leather will be the largest market in terms of value during the forecast period. The main factor driving the growth of the synthetic leather segment is its low cost compared to genuine leather and its superior performance compared to fabric. Synthetic leather is also known as artificial leather or faux leather and is used as a substitute for leather in car upholstery. With its flexibility and multiple color options, synthetic leather allows OEMs to configure different types of interiors.

Asia Oceania is estimated to be the dominant regional market

The market growth in Asia Oceania countries such as China, Japan, and India can be attributed to the increasing demand for vehicles. Due to the increased vehicle production and sales, China is estimated to be the fastest-growing market for automotive seats in this region. The demand for powered and heated seats is expected to grow in this region, owing to the increasing demand for mid and high-end SUVs.

Market Dynamics

Drivers

  • Growing Demand for Premium Vehicles
  • Rising Adoption of Powered Seats in Mid-Segment Cars & SUVs
  • Increasing Demand for Aftermarket Seating Solutions

Restraints

  • High Cost of Advanced Modular Seats Compared to Conventional Seats

Opportunities

  • Growing Focus on Autonomous Cars and Increasing Preference for Ride Sharing
  • Increasing Demand for Lightweight Seating Materials in Electric Vehicles
  • New Anti-Microbial Seating Solutions

Challenges

  • Challenges Faced by Textile & Seat Trim Material Suppliers

Companies Mentioned

  • Adient plc
  • Aisin Corporation
  • Bharat Seats Limited (BSL)
  • Brose Fahrzeugteile SE & Co. KG
  • C.I.E.B. Kahovec
  • Camaco-Amvian
  • Daewon Kang
  • Delta Kogyo Co. Ltd.
  • Faurecia
  • Ford
  • Freedman Seating Company
  • Gentherm
  • Grammer AG
  • Guelph Manufacturing
  • Harita Seating Systems Ltd.
  • IG Bauerhin GmbH
  • Lear
  • Magna International
  • NHK Spring
  • Phoenix Seating Limited
  • Sabelt
  • Summit Auto Seats
  • Tachi-S
  • Tata Autocomp Systems
  • Toyota Boshoku Corporation
  • TS Tech

For more information about this report visit https://www.researchandmarkets.com/r/vqxkir

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