The Global Automotive Seats Market- Growth, COVID-19 impact and Forecast (2021-2025)
Global automotive seats market is segmented based on product type as bucket seats and bench seats; based on vehicle type as passenger cars, light commercial vehicles, heavy trucks and buses; based on material type as leather, fabric and others; based on geography as APAC, North America, Europe and ROW.
Introduction
Automotive seats are the part of vehicles that are designed to accommodate and provide comfortable seating to the driver or occupant traveling in/on a vehicle. To provide required comfort they are designed as per the industry guidelines so that the passengers sitting inside would have minimum impact in case of a collision.
These seating systems are available in various forms, from simple seating systems to complex ones, to satisfy the needs of both manufacturers and consumers.
Key recent developments in the field of automotive seats include heating and cooling ventilated seats that provide comfort to drivers in different climatic conditions, pneumatically controlled power seats, which can be adjusted in multiple ways by a simple touch of controls.
While conventional and traditional designs have been recommended throughout the industry, lately due to the growing need of comfort and style, luxury modifications have been introduced into seating systems for the customers to have a better experience.
Table of Contents
Market Overview
The global automotive seats market is expected to reach $59.87 billion by the end of 2025
Demand for bench automotive seats is expected to prevail in the market, with the product finding widespread adoption as a rear seat in cars.
APEJ is estimated to account for the bulk of the automotive seats market share, with the demand for luxurious and comfortable seating on the rise in the region.
Automotive seats are of prime importance as they contribute to driver comfort and, thus, influence driving. They are designed with respect to guidelines of thorax, knee, and head supports inclination angle to dissipate the impact energy and thus, minimize the impact of a collision.
Key Trends
Sustainability is gradually becoming a key factor influencing consumer decisions, a pervasive trend which is estimated to boost demand for lightweight automotive seats for production of fuel efficient and high-performance vehicles.
With developments in technology gradually making autonomous vehicles a reality, the design of automotive seats is expected to undergo a significant transformation to address the requirements of the segment.
Key Market Players
Some of the key players in the market are Adient, Lear Corporation, Faurecia, Toyota Boshoku Corporation, Magna International and T.S Tech
The automotive seat market is majorly held by a few players, who have a long-standing partnership with the major OEMs and are their preferred suppliers for seats.
Industry players are now resorting to strategies of joint ventures, acquisitions, expansion and collaboration. The biggest player Advent acquired Futuris group and has collaborated with Autoliv to address seating challenges for electric and autonomous cars. Shenyang Jinbei Automotive forms joint venture with Adient to produce automobile seats.
Growth Drivers and Challenges
Burgeoning consumer demand for safety and comfort in automobiles is a vital factor driving the changes in the manufacturing of automotive seats. Luxurious, comfortable, and safe automotive seating systems are gaining preference among consumers which, in turn, is prompting OEMs to seek for automotive seats that could satisfy consumer expectations.
The major drivers of growth for this market are increasing vehicle production, the rising trend of high value seat with integrated smart technology for advanced vehicle comfort and safety.
The unstable economic status of developed & developing countries and the increasing customer preference for luxurious and comfortable features are exerting additional pressure on automotive OEMs to keep the cost of production low.
Demand for both lightweight and technologically advanced automotive seats is on the rise with consumers expecting enhanced comfort and fuel efficiency from vehicles. However, the production of lightweight automotive seats integrated with electrical components poses a daunting challenge for manufacturers operating in the automotive seats market.