The automotive seat is essential to a vehicle as it comforts the driving person. Moreover, these seats also offer a stylish look to a vehicle as they can integrate various interior parts and different fabric materials. In addition, automotive seats are considered one of the crucial components in vehicles as they are designed to support the thighs, the buttocks, the lower and upper back, and head support. They are usually made up of steel, aluminum, or mixed material. One of the major factors driving the automotive seat market share is rising sales of passenger, electric & commercial-type vehicles across the globe.
As there is a surge in automotive vehicle sales, there will also be a rise in the demand for automotive seats, driving the market forward. As technological advancements continue, technology is integrated with car seats, offering better control and flexibility. Such advancements, too, are fueling the growth of the automotive seat market. The rising popularity of personal vehicles further supports this growth, driven by a rise in social media, for example, Instagram reels or YouTube shorts. Many people promote vehicle comfort on these channels, generating a craving in the audience to buy these vehicles.
The rising temperatures due to climate change make it more difficult for drivers and passengers to travel comfortably in vehicles. Because of these environmental challenges, the automotive seat market is expected to incorporate new technologies. For instance, if a passenger car is parked in the sun all day, the trapped heat can make it uncomfortable for the driver and passengers to sit there.
Car seats can now be cooled or heated using new technology. They have small holes and built-in coolers and fans to keep you cool. For cold weather, there are also heaters in the seats. This kind of seating is becoming more popular. Heated, Powered, and ventilated applications are now available and used in many low-cost vehicles. In October 2022, NHK Spring Co. Ltd developed innovative automobile seats to reduce motion sickness, including a headrest with a unique structure and hand support for smartphone use. The effectiveness of these designs has been proven, and the company aims to increase its value in preparation for the gradual commercialization of automated driving technology.
Asia-Pacific Automotive Seat Market
Automotive seat market in the Asia Pacific is thriving due to the rapidly growing automobile industry, supported by increasing disposable incomes, urbanization, and the presence of major global and local automobile manufacturers. The diverse consumer base drives the demand for a wide range of automotive seating solutions, while technological innovation and cost-effective manufacturing further support market growth. Moreover, the increasing focus on electric vehicles (EVs) in the region is prompting the need for lightweight seats, favoring market growth.The increasing need for affordable vehicles in Asian countries like South Korea, China, Japan, and India can be linked to changes in consumer behavior brought about by pandemics. With the rise in vehicle manufacturing and sales, China is anticipated to become the fastest-growing automotive seat market in the region.
India's automotive market is the fastest-growing in the Asia-Pacific region. Although vehicle sales dropped significantly due to the pandemic, they have since rebounded and are expected to continue growing. In 2023, India sold over 4.1 million cars, sedans, and utility vehicles, an 8.2% increase from the previous year.
Automotive Seat Company Analysis
Aisin Seiki Co. Ltd., Gentherm Incorporated, IFB Automotive, Magna International Inc., Tata Autocomp Systems Limited, Grammar Seating Systems, Adient Inc., Lear Corporation, and Toyota Boshoku Corporation are among the industry leaders in the Global Automotive Seat Market.Global Automotive Seat Market News
- In January 2024, Baby Jogger launched the City Turn convertible car seat in Canada. It features a secure rotating mechanism that allows for a 180-degree turn in rear-facing mode, bringing a child closer to the parent for easier access.
- November 2022: Lear Corporation (Lear) has acquired InTouch Automation, a complex automated testing equipment supplier, and Industry 4.0 technologies essential to producing automotive seats. This acquisition enhances Lear's just-in-time (JIT) seating production process by standardizing testing procedures and increasing capacity for real-time data collection and analysis.
- December 2022: Faurecia SE (Faurecia) has signed a development agreement with Indorama Ventures to create a new line of cushioning solutions called "Auraloop" for the automotive market. Auraloop is constructed from a structure of 100% recyclable polyester-based fibers, and it aims to reduce the carbon footprint of vehicle seat cushions while providing improved comfort for occupants.
- In December 2022, Faurecia entered into a development agreement with Indorama Ventures to introduce a new range of cushioning solutions, named “Auraloop,” for the mobility market.
- In March 2022, Toyota Boshoku, Aisin Seiki, and Shiroki agreed that Toyota Boshoku would acquire Shiroki’s commercial rights for the automotive seat frame mechanism parts.
- In October 2022, Magna announced a new joint venture with Guangdong Huatie Tongda High-Speed Railway Equipment Corporation, located in Qingdao, Shandong. The collaboration aims to provide seating system solutions for specific clients' New Energy Vehicles.
Seat Type - Market breakup in 3 viewpoints:
1. Bucket2. Bench
3. Others
Vehicle Type - Market breakup in 2 viewpoints:
1. Passenger Car2. Commercial Vehicle
Vehicle Energy Source Type - Market breakup in 4 viewpoints:
1. Gasoline2. Diesel
3. Electric
4. LPG
Technology - Market breakup in 4 viewpoints:
1. Powered Seats2. Standard Seats
3. Ventilated Seats
4. Other Seats
Country - Market breakup in 25 viewpoints:
1. North America1.1 United States
1.2 Canada
2. Europe
2.1 France
2.2 Germany
2.3 Italy
2.4 Spain
2.5 United Kingdom
2.6 Belgium
2.7 Netherlands
2.8 Turkey
3. Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.4 South Korea
3.5 Thailand
3.6 Malaysia
3.7 Indonesia
3.8 Australia
3.9 New Zealand
4. Latin America
4.1 Brazil
4.2 Mexico
4.3 Argentina
5. Middle East & Africa
5.1 South Africa
5.2 UAE
5.3 Saudi Arabia
All the Key players have been covered from 4 Viewpoints:
- Overview
- Recent Development
- Product Portfolio & Product Launch in Last 1 Year
- Revenue
Company Analysis:
1. Aisin Seiki Co. Ltd.2. Gentherm Incorporated
3. IFB Automotive
4. Magna International Inc
5. Tata Autocomp Systems Limited
6. Grammar Seating Systems
7. Adient Inc
8. Lear Corporation
9. Toyota Boshoku Corporation
Table of Contents
Companies Mentioned
- Aisin Seiki Co. Ltd.
- Gentherm Incorporated
- IFB Automotive
- Magna International Inc
- Tata Autocomp Systems Limited
- Grammar Seating Systems
- Adient Inc
- Lear Corporation
- Toyota Boshoku Corporation
Methodology
In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.
Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.
Primary Research
The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develop the analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth, and forecast
The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:
- Chief executives and VPs of leading corporations specific to the industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research
The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, webcasts, and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 220 |
| Published | June 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 74.42 Billion |
| Forecasted Market Value ( USD | $ 105.65 Billion |
| Compound Annual Growth Rate | 3.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 9 |
