The automotive rear seat reinforcement market size has grown steadily in recent years. It will grow from $11.56 billion in 2023 to $12.05 billion in 2024 at a compound annual growth rate (CAGR) of 4.2%. The growth in the historical period can be attributed to stringent safety regulations, advancements in crash test dummies, the implementation of seatbelt laws, heightened awareness of rear passenger safety, and rising demand for lightweight and fuel-efficient vehicles.
The automotive rear seat reinforcement market size is expected to see steady growth in the next few years. It will grow to $14.29 billion in 2028 at a compound annual growth rate (CAGR) of 4.4%. The growth in the forecast period can be attributed to a heightened focus on passenger safety, the increasing prevalence of electric vehicles (EVs), more stringent safety regulations, advancements in autonomous vehicles, and the expansion of emerging markets. Major trends expected in this period include the evolution of vehicle design, integration of advanced safety features, technological advancements, product innovations, and developments in materials and manufacturing techniques.
The automotive rear seat reinforcement market is poised for growth driven by the increasing popularity of luxury vehicles. Luxury vehicles are characterized by their high-end features, superior comfort, and performance compared to standard cars. This segment is experiencing rising demand due to higher disposable incomes and a preference for premium amenities. Automotive rear seat reinforcement in luxury vehicles plays a crucial role in enhancing passenger safety and comfort through advanced structural support and crash protection. For example, Porsche AG, a German automaker, reported a significant increase in car deliveries in the first quarter of 2023, with strong growth across major regions including Europe, North America, and China. This underscores how the growing preference for luxury vehicles is fueling the expansion of the automotive rear seat reinforcement market.
Leading companies in this market are focusing on innovation, introducing products such as reclining rear seats to cater to the demand for enhanced comfort and safety features in modern vehicles. Reclining rear seats are adjustable seats positioned in the back of vehicles, allowing passengers to customize their seating angles for optimal comfort during travel. For instance, Faurecia SE, based in the Netherlands, launched the Zero-Gravity Captain Chair in April 2023, tailored specifically for the Chinese market. This innovative seating solution offers advanced well-being features and exceptional comfort, including a Zero Gravity position that reclines the seat nearly flat.
In March 2022, Lear Corporation, a US-based manufacturer specializing in automotive seating and electrical systems, acquired Kongsberg Automotive's interior comfort systems (ICS) business unit. This strategic acquisition enhances Lear's capabilities in seat components and expands its product portfolio to include popular thermal and comfort seating solutions such as heating, ventilation, massage, and lumbar support. Kongsberg Automotive Holding ASA, headquartered in Norway, is renowned for its automotive seating solutions.
Major companies operating in the automotive rear seat reinforcement market are Magna International Inc., Aisin Seiki Co. Ltd., Lear Corporation, Tenneco Inc., Adient plc, Toyota Boshoku Corporation, Brose Fahrzeugteile GmbH & Co. KG, Toyotetsu Fukuoka Co. Ltd., NHK Spring Co. Ltd., Grupo Antolin-Eurotrim, Sumitomo Riko Co. Ltd., TS Tech Co. Ltd., Tachi-S Co. Ltd., Bridgewater Interiors LLC, Imasen Electric Industrial Co. Ltd., Sharda Motor Industries Ltd., Futuris Group, Bharat Seats Limited, DURA Automotive Systems, Hyundai Transys Inc.
Asia-Pacific was the largest region in the automotive rear seat reinforcement market in 2023. The regions covered in the automotive rear seat reinforcement market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the automotive rear seat reinforcement market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Automotive rear seat reinforcement involves structural enhancements implemented in a vehicle's rear seating area to enhance safety and durability. These enhancements are crucial for protecting passengers during collisions by providing additional support and minimizing the risk of seat deformation or failure. Typically crafted from high-strength materials, these reinforcements are seamlessly integrated into the vehicle's design to meet rigorous safety standards and regulations.
Key components of automotive rear seat reinforcement include metal bars, welded plates, structural foam, and composite reinforcements. Metal bars, usually made from robust materials such as steel or aluminum, are incorporated into the rear seat structure to bolster strength and stability, ensuring seat integrity in crash scenarios. Materials such as steel, aluminum, carbon fiber, and composites are utilized in passenger cars and commercial vehicles alike. Sales channels encompass original equipment manufacturers (OEMs) and the aftermarket.
The automotive rear seat reinforcement market research report is one of a series of new reports that provides automotive rear seat reinforcement market statistics, including the automotive rear seat reinforcement industry's global market size, regional shares, competitors with an automotive rear seat reinforcement market share, detailed automotive rear seat reinforcement market segments, market trends and opportunities, and any further data you may need to thrive in the automotive rear seat reinforcement industry. This automotive rear seat reinforcement market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The automotive rear seat reinforcement market consists of sales of seat frames, crash absorption materials, reinforcement plates, bolts, and fasteners. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The automotive rear seat reinforcement market size is expected to see steady growth in the next few years. It will grow to $14.29 billion in 2028 at a compound annual growth rate (CAGR) of 4.4%. The growth in the forecast period can be attributed to a heightened focus on passenger safety, the increasing prevalence of electric vehicles (EVs), more stringent safety regulations, advancements in autonomous vehicles, and the expansion of emerging markets. Major trends expected in this period include the evolution of vehicle design, integration of advanced safety features, technological advancements, product innovations, and developments in materials and manufacturing techniques.
The automotive rear seat reinforcement market is poised for growth driven by the increasing popularity of luxury vehicles. Luxury vehicles are characterized by their high-end features, superior comfort, and performance compared to standard cars. This segment is experiencing rising demand due to higher disposable incomes and a preference for premium amenities. Automotive rear seat reinforcement in luxury vehicles plays a crucial role in enhancing passenger safety and comfort through advanced structural support and crash protection. For example, Porsche AG, a German automaker, reported a significant increase in car deliveries in the first quarter of 2023, with strong growth across major regions including Europe, North America, and China. This underscores how the growing preference for luxury vehicles is fueling the expansion of the automotive rear seat reinforcement market.
Leading companies in this market are focusing on innovation, introducing products such as reclining rear seats to cater to the demand for enhanced comfort and safety features in modern vehicles. Reclining rear seats are adjustable seats positioned in the back of vehicles, allowing passengers to customize their seating angles for optimal comfort during travel. For instance, Faurecia SE, based in the Netherlands, launched the Zero-Gravity Captain Chair in April 2023, tailored specifically for the Chinese market. This innovative seating solution offers advanced well-being features and exceptional comfort, including a Zero Gravity position that reclines the seat nearly flat.
In March 2022, Lear Corporation, a US-based manufacturer specializing in automotive seating and electrical systems, acquired Kongsberg Automotive's interior comfort systems (ICS) business unit. This strategic acquisition enhances Lear's capabilities in seat components and expands its product portfolio to include popular thermal and comfort seating solutions such as heating, ventilation, massage, and lumbar support. Kongsberg Automotive Holding ASA, headquartered in Norway, is renowned for its automotive seating solutions.
Major companies operating in the automotive rear seat reinforcement market are Magna International Inc., Aisin Seiki Co. Ltd., Lear Corporation, Tenneco Inc., Adient plc, Toyota Boshoku Corporation, Brose Fahrzeugteile GmbH & Co. KG, Toyotetsu Fukuoka Co. Ltd., NHK Spring Co. Ltd., Grupo Antolin-Eurotrim, Sumitomo Riko Co. Ltd., TS Tech Co. Ltd., Tachi-S Co. Ltd., Bridgewater Interiors LLC, Imasen Electric Industrial Co. Ltd., Sharda Motor Industries Ltd., Futuris Group, Bharat Seats Limited, DURA Automotive Systems, Hyundai Transys Inc.
Asia-Pacific was the largest region in the automotive rear seat reinforcement market in 2023. The regions covered in the automotive rear seat reinforcement market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the automotive rear seat reinforcement market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Automotive rear seat reinforcement involves structural enhancements implemented in a vehicle's rear seating area to enhance safety and durability. These enhancements are crucial for protecting passengers during collisions by providing additional support and minimizing the risk of seat deformation or failure. Typically crafted from high-strength materials, these reinforcements are seamlessly integrated into the vehicle's design to meet rigorous safety standards and regulations.
Key components of automotive rear seat reinforcement include metal bars, welded plates, structural foam, and composite reinforcements. Metal bars, usually made from robust materials such as steel or aluminum, are incorporated into the rear seat structure to bolster strength and stability, ensuring seat integrity in crash scenarios. Materials such as steel, aluminum, carbon fiber, and composites are utilized in passenger cars and commercial vehicles alike. Sales channels encompass original equipment manufacturers (OEMs) and the aftermarket.
The automotive rear seat reinforcement market research report is one of a series of new reports that provides automotive rear seat reinforcement market statistics, including the automotive rear seat reinforcement industry's global market size, regional shares, competitors with an automotive rear seat reinforcement market share, detailed automotive rear seat reinforcement market segments, market trends and opportunities, and any further data you may need to thrive in the automotive rear seat reinforcement industry. This automotive rear seat reinforcement market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The automotive rear seat reinforcement market consists of sales of seat frames, crash absorption materials, reinforcement plates, bolts, and fasteners. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Automotive Rear Seat Reinforcement Market Characteristics3. Automotive Rear Seat Reinforcement Market Trends and Strategies32. Global Automotive Rear Seat Reinforcement Market Competitive Benchmarking33. Global Automotive Rear Seat Reinforcement Market Competitive Dashboard34. Key Mergers and Acquisitions in the Automotive Rear Seat Reinforcement Market
4. Automotive Rear Seat Reinforcement Market - Macro Economic Scenario
5. Global Automotive Rear Seat Reinforcement Market Size and Growth
6. Automotive Rear Seat Reinforcement Market Segmentation
7. Automotive Rear Seat Reinforcement Market Regional and Country Analysis
8. Asia-Pacific Automotive Rear Seat Reinforcement Market
9. China Automotive Rear Seat Reinforcement Market
10. India Automotive Rear Seat Reinforcement Market
11. Japan Automotive Rear Seat Reinforcement Market
12. Australia Automotive Rear Seat Reinforcement Market
13. Indonesia Automotive Rear Seat Reinforcement Market
14. South Korea Automotive Rear Seat Reinforcement Market
15. Western Europe Automotive Rear Seat Reinforcement Market
16. UK Automotive Rear Seat Reinforcement Market
17. Germany Automotive Rear Seat Reinforcement Market
18. France Automotive Rear Seat Reinforcement Market
19. Italy Automotive Rear Seat Reinforcement Market
20. Spain Automotive Rear Seat Reinforcement Market
21. Eastern Europe Automotive Rear Seat Reinforcement Market
22. Russia Automotive Rear Seat Reinforcement Market
23. North America Automotive Rear Seat Reinforcement Market
24. USA Automotive Rear Seat Reinforcement Market
25. Canada Automotive Rear Seat Reinforcement Market
26. South America Automotive Rear Seat Reinforcement Market
27. Brazil Automotive Rear Seat Reinforcement Market
28. Middle East Automotive Rear Seat Reinforcement Market
29. Africa Automotive Rear Seat Reinforcement Market
30. Automotive Rear Seat Reinforcement Market Competitive Landscape and Company Profiles
31. Automotive Rear Seat Reinforcement Market Other Major and Innovative Companies
35. Automotive Rear Seat Reinforcement Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Automotive Rear Seat Reinforcement Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on automotive rear seat reinforcement market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for automotive rear seat reinforcement ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The automotive rear seat reinforcement market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Reinforcement: Metal Bars; Welded Plates; Structural Foam; Composite Reinforcements2) By Material: Steel; Aluminum; Carbon Fiber; Composite Materials
3) By Application: Passenger Cars; Commercial Vehicles
4) By Sales: Original Equipment Manufacturer (OEMs); Aftermarket
Key Companies Mentioned: Magna International Inc.; Aisin Seiki Co. Ltd.; Lear Corporation; Tenneco Inc.; Adient plc
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | September 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 12.05 Billion |
Forecasted Market Value ( USD | $ 14.29 Billion |
Compound Annual Growth Rate | 4.4% |
Regions Covered | Global |