Global Automotive Seat Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Application;

Passenger Cars and CVs.

By Product;

Split Seats, Split Bench Seats and Bench Seats.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn994877026 Published Date: May, 2024 Updated Date: June, 2024

Introduction

Global Automotive Seat Market (USD Million), 2020 - 2030

In the year 2023, the Global Automotive Seat Market was valued at USD 66,055.83 million. The size of this market is expected to increase to USD 107,466.89 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 7.2%.

The global automotive seat market is a vital segment within the automotive industry, playing a pivotal role in enhancing both the comfort and safety of vehicles. As the automotive sector continues to evolve, driven by technological advancements and shifting consumer preferences, the demand for innovative and ergonomic seating solutions is experiencing steady growth. Automotive seats are no longer just functional components; they serve as crucial elements in providing a comfortable and enjoyable driving experience, thereby influencing consumer purchasing decisions.

One of the primary drivers propelling the growth of the global automotive seat market is the steady increase in vehicle production worldwide. With expanding urbanization and rising disposable incomes, particularly in emerging markets, there has been a surge in demand for automobiles. This uptick in vehicle production directly correlates with the demand for automotive seats, creating significant opportunities for manufacturers to expand their market presence and cater to diverse consumer preferences.

There is a notable shift in consumer preferences towards vehicles that offer superior comfort and ergonomic features. As consumers spend more time in their vehicles, especially during longer commutes or road trips, they prioritize amenities that enhance their overall driving experience. Consequently, automotive seat manufacturers are investing heavily in research and development to introduce seats with advanced features such as adjustable lumbar support, ventilation, and massage functions, meeting the evolving needs of discerning consumers.

Safety regulations imposed by governments and automotive authorities worldwide also serve as key drivers shaping the global automotive seat market. With an increasing focus on passenger safety, regulations mandate the incorporation of advanced safety features in automotive seats, including airbags, seatbelt pre-tensioners, and anti-whiplash systems. Compliance with these stringent regulations not only ensures the safety of vehicle occupants but also drives innovation within the automotive seat manufacturing sector, leading to the development of safer and more robust seating solutions.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Application
    2. Market Snapshot, By Product
    3. Market Snapshot, By Region
  4. Global Automotive Seat Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Innovations in Seat Materials
        2. Safety Regulations
        3. Growing Adoption of Electric Vehicles
      2. Restraints
        1. High Initial Investment
        2. Supply Chain Disruptions
        3. Intense Competition
      3. Opportunities
        1. Emerging Markets
        2. Integration of Smart Technologies
        3. Collaborations and Partnerships
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Automotive Seat Market, By Application, 2020- 2030(USD Million)
      1. Passenger Cars
      2. CVs
    2. Global Automotive Seat Market, By Product, 2020- 2030(USD Million)
      1. Split Seats
      2. Split Bench Seats
      3. Bench Seats
    3. Global Automotive Seat Market, By Geography, 2020- 2030(USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Yanfeng Adient Seating (Joint venture)
      2. Hubei Aviation Precision Machinery (HAPM) and Magna (JV)
      3. Shanghai SIIC Transportation Electric
      4. Faurecia-Gsk (Wuhan) Automotive Seating (JV)
  7. Analyst Views
  8. Future Outlook of the Market