Automotive Seats Market Size to Surge to USD 106.9 Billion Recording At A 4.1% CAGR from 2024-2034: Transparency Market Research
Wilmington, Delaware, United States, Transparency Market Research, Inc., July 16, 2024 (GLOBE NEWSWIRE) -- The automotive seats market (자동차 시트 시장) was projected to attain US$ 68.8 billion in 2023. It is likely to garner a 4.1% CAGR from 2024 to 2034, and by 2034, the market is expected to attain US$ 106.9 billion.
Increasing consumer preference for customized and personalized seating options is driving OEMs and aftermarket suppliers to offer a wider variety of seat designs and features. There is a growing emphasis on ergonomic design to reduce driver fatigue and improve overall comfort, especially for long distance travel.
The integration of smart technologies, such as sensors for health monitoring, connectivity features, and AI driven adjustments, is becoming a major trend. Modular seating designs that allow for easy reconfiguration and customization are becoming popular, particularly in multi-purpose vehicles and shared mobility solutions.
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The demand for luxury vehicles is increasing the adoption of premium features such as memory foam, high end upholstery, and advanced recline mechanisms. The aftermarket for automotive seats, including upgrades and replacements, offers substantial opportunities, particularly in regions with older vehicle fleets. Collaborations between automakers, seat manufacturers, and tech companies can lead to the development of innovative seating solutions.
Key Findings of the Market Report
- There is a growing trend towards enhancing the aesthetic appeal of car interiors, with stylish and high quality seat designs becoming a selling point for many consumers.
- The use of AR and VR in designing automotive seats allows for better visualization and customization, improving the design process and customer satisfaction.
- There is an increased focus on enhancing rear seat comfort and features, such as reclining capabilities and entertainment systems, as luxury and premium cars gain popularity.
- The development of seats that can adapt to the occupant's size, weight, and preferred seating position automatically, improving comfort and safety.
Market Trends for Automotive Seats
- On the basis of seat type, the bucket seats segment is anticipated to stimulate the growth of the automotive seats market.
- Bucket seats are widely used in sports cars and luxury vehicles due to their superior support and aesthetics, catering to the high end market segment that values performance and comfort.
- By material type, the synthetic leather seats segment is expected to boost the market growth.
- Synthetic leather is known for its durability and resistance to wear and tear. It is also easier to clean and maintain compared to genuine leather, appealing to consumers looking for practical and long lasting seat materials.
Global Market for Automotive Seats: Regional Outlook
North America
- North America, particularly the United States, has a high level of vehicle production and sales, driving demand for automotive seats. The presence of major automakers and a robust automotive industry infrastructure supports market growth.
- The region is at the forefront of automotive technology, including advancements in seat design and features such as heating, cooling, massage functions, and integrated electronics, which enhance comfort and convenience.
Asia Pacific
- Major automotive manufacturers are expanding their production facilities in the Asia Pacific region due to lower production costs and favorable government policies. The expansion increases the demand for automotive components, including seats.
- The increasing focus on reducing carbon emissions and the growing adoption of electric vehicles in countries like China and Japan are driving the need for innovative and lightweight automotive seats(자동차 좌석).
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Automotive Seats Market: Key Players
The competitive landscape of the automotive seats market is characterized by intense competition among key players striving to gain market share through strategies such as product innovation, strategic partnerships, mergers and acquisitions, and geographic expansion. The following companies are well known participants in the automotive seats market:
- Adient plc
- Lear Corp.
- FORVIA Faurecia
- Magna International Inc.
- TOYOTA BOSHOKU CORPORATION
- Antolin
- Brose Fahrzeugteile SE & Co. KG
- TS TECH CO., LTD.
- NHK Spring Co. Ltd.
- Yanfeng
- Johnson Controls International plc (now merged with Adient)
- TACHI-S CO.,LTD.
- GRAMMER AG
- RECARO Holding GmbH
- Brose Sitech GmbH
- AISIN SHIROKI
- GUELPH MANUFACTURING
Key Developments
- In 2022, Lear Corporation strategically revealed its acquisition of InTouch Automation, a provider of sophisticated automated testing equipment and Industry 4.0 technologies crucial to automotive seat production. Lear aims to optimize its just in time seating manufacturing process by integrating InTouch's product lineup, which standardizes testing protocols and boosts real time data gathering and analysis capabilities.
- In 2022, Toyota Boshoku Corporation, Aisin Corporation, and Shiroki Corporation unveiled a collaborative agreement. Under the agreement, two overseas manufacturing subsidiaries responsible for seat frame mechanisms, previously under Aisin's purview, will be transferred to Toyota Boshoku.
Automotive Seats Market Segmentation
Seat Type
- Bucket Seats
- Bench Seats
- Split-folding Seats
- Reclining Seats
- Captain Chairs
Material Type
- Leather Seats
- Fabric Seats
- Synthetic Leather Seats
- Vinyl Seats
- Others
Technology
- Powered Seats
- Heated Seats
- Ventilated Seats
- Massage Seats
- Memory Seats
Component
- Frames
- Steel
- Aluminum
- Carbon-Amide Metal
- Others
- Foam Padding
- Upholstery
- Seat Adjusters
- Headrests
- Lumbar Support
- Seat Cushion Extensions
- Others
Vehicle Type
- Passenger Cars
- Hatchbacks
- Sedans
- SUVs
- Light Commercial Vehicles
- Heavy Duty Trucks
- Buses and Coaches
- Off-road Vehicles
- Agriculture Equipment
- Industrial Equipment
- Construction and Mining Equipment
- Others
Vehicle Category (Number of Seats)
- Up to 4 Seaters
- 5 Seaters
- 6 Seaters
- 7 Seaters
- 8 Seaters
- More than 8 Seaters
Installation Position
- Front Seats
- Rear Seats
Sales Channel
- OEM
- Aftermarket
Region
- North America
- South America
- Europe
- Asia Pacific
- Middle East & Africa
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