16-Sep-2024 | Zion Market Research
As per Zion Market Research, the global automotive seats market is predicted to cross USD 82.84 billion by 2032 with a CAGR of almost 4.42% over 2024-2032. Rising global vehicle generation, particularly SUV/MPV and passenger cars segments, increasing premium cars sales with luxury, premium features, and comfort are together predicted to power the global market in the years to come.
Some of the major automotive seats suppliers and manufacturers are NHK Spring, Adient, Faurecia, Lear Corporation, Magna International, Toyota Boshoku, Tachi-S, TS Tech, and Gentherm.
Genuine Leather Category By Trim Material Predicted To Develop At The Max Rate In The Automotive Seats Market In The Years To Come
The genuine leather trim material category is predicted to be the quickest developing market in the coming years due to the elevated premium cars sales all over the world. As per Zion Market Research, the worldwide premium car sales increased by almost 6% in 2019. Developed areas such as Europe, North America, and a few Asian nations such as South Korea and Japan are major markets for these cars. In addition to this, the penetration of F, E, and SUV-E & SUV–D segment vehicles in the US was almost 50% in 2019. In the same way, it was almost 30% in the UK in 2019. Most of the cars from these sections as a standard feature have genuine leather seats. A few major models such as Lincoln Zephyr/MKZ, Mercedes E-Class, Jaguar XF, Range Rover Sport, BMW 7 series, and Land Cruiser have genuine leather in the worldwide market. The increasing requirement for premium cars all over the globe is eventually powering the requirement for the global market in the years to come.
Asia Pacific To Be The `Largest Expanding Automotive Seats Market In The Forecast Period
Asia Pacific is expected to be the biggest market for automotive seats due to a dynamic change observed in the past few years in the automotive sector. The area has also observed a noteworthy potential in the commercial and passenger vehicles creation. Consequently, Asia Pacific has been surfaced as a center for automobile creation. In addition to this, South Korea and Japan have undergone a significant increase in enhanced seats in the late times, due to the increasing per capita revenue and altering preference toward premium vehicles and attendance of premium automotive firms. Together with passenger vehicles, commercial car creation also increased strongly and is predicted to develop gradually.
Browse the full “Automotive Seats Market - by Type (Bench and Bucket), by Technology (Powered, Heated, Massage, Ventilated, and Memory & Standard), by Trim Material (Genuine & Synthetic Leather and Fabric), by Vehicle Type (Passenger Cars and Light Commercial Vehicles (LCV)), and by Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024–2032” Report at https://www.zionmarketresearch.com/report/automotive-seats-market
The global automotive seats market is segmented as follows:
Vehicle Type
By Region
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