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Automotive Seats Global market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033
The Business Research Company's Automotive Seats Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033
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LONDON, GREATER LONDON, UNITED KINGDOM, September 17, 2024 /EINPresswire / -- The automotive seats market has experienced robust growth in recent years, expanding from $70. 09 billion in 2023 to $74.43 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to increasing demand for cars, government regulations and safety standards, changes in consumer preferences and tastes, fluctuations in fuel prices, growing popularity of ride-sharing services.
What Is The Estimated Market Size Of The Global Automotive Seats Market And Its Annual Growth Rate?
The automotive seats market is projected to continue its strong growth, reaching $95.07 billion in 2028 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to integration of smart and connected features in seats, adoption of sustainable and recyclable materials, emphasis on ergonomic and health-focused designs, advanced seat heating and cooling technologies, integration with autonomous vehicle features.
Explore Comprehensive Insights Into The Global Automotive Seats Market With A Detailed Sample Report:
Growth Driver Of The Automotive Seats Market
The growing popularity of autonomous vehicles is expected to propel the growth of the automotive seats market going forward. An autonomous vehicle is a motor vehicle that can operate without the assistance of a human driver. The increasing popularity of autonomous vehicles is expected to boost demand for automotive seats, as the design and functioning of seats play a crucial role in autonomous vehicles.
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Which Market Players Are Driving The Automotive Seats Market Growth?
Key players in the automotive seats market include Adient plc, Lear Corporation, FORVIA Faurecia, Toyota Boshoku Corporation, Magna International Inc., Grupo Antolín-Irausa S. A., Panasonic Corporation.
What Are The Emerging Trends Shaping The Automotive Seats Market Size ?
Technological advancement in automotive seats is a key trend gaining popularity in the automotive seats market. Major companies operating in the automotive seats market are focused on developing new technological solutions to strengthen their position.
How Is The Global Automotive Seats Market Segmented?
1) By Seat Type: Bucket Seat, Split Bench
2) By Vehicle Type: Passenger Car, Light Commercial Vehicles, Heavy Trucks, Bus
3) By Trim Material: Fabric, Synthetic Leather, Genuine Leather
Geographical Insights: Asia-Pacific Leading The Automotive Seats Market
Asia-Pacific was the largest region in the automotive seats market in 2023, and it is expected to be the fastest-growing region in the automotive seats market during the forecast period. The regions covered in the automotive seats market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Automotive Seats Market Definition
Automotive seats are designed with a certain inclination angle to minimize the impact of a collision. These seats provide a safer ride and are beneficial for children. The automotive seats are used by an individual for the comfort of driving the vehicle.
Automotive Seats Global Market Report 2024 from TBRC covers the following information:
.Market size data for the forecast period: Historical and Future
.Macroeconomic factors affecting the market in the short and long run
.Analysis of the macro and micro economic factors that have affected the market in the past five years
.Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
.Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
An overview of the global automotive seats market report covering trends, opportunities, strategies, and more
The Automotive Seats Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on automotive seats market size, automotive seats market drivers and trends, automotive seats market major players, automotive seats competitors' revenues, automotive seats market positioning, and automotive seats market growth across geographies. The automotive seats market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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What Does The Business Research Company Do?
The Business Research Company publishes over 15,000 reports across 27 industries and 60+ geographies. Our research is powered by 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. We provide continuous and custom research services, offering a range of specialized packages tailored to your needs, including Market Entry Research Package, Competitor Tracking Package, Supplier & Distributor Package, and much more.
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Oliver Guirdham
The Business Research Company
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