According to a recent report published by Allied Market Research, titled,Automotive Seat Market by Trim Material Type, Seat Type, Vehicle Energy Source, and Vehicle Type: Global Opportunity Analysis and Industry Forecast, 2018 – 2025,”the automotive seat market size was valued at $71,651.20 million in 2017, and is projected to reach $101,397.20 million by 2025, registering a CAGR of 4.3% from 2018 to 2025. The gasoline vehicle energy source type segment was the highest contributor to the market in 2017, accounting for $56,828.9 million, and is estimated to reach $72,226.0 million by 2025, registering a CAGR of 2.9% during the forecast period. In 2017, the automotive seat market share has accounted highest for the Asia-Pacific region.

At present, Asia-Pacific dominates the market, followed by Europe, North America, and LAMEA. China dominated the automotive seat market in 2017, whereas India is expected to grow at a significant rate during the forecast period.

Access Free sample PDF Copy of the Report – https://www.alliedmarketresearch.com/request-sample/4761

The automotive environment is changing at a rapid pace due to globalization. Therefore, increase in automotive sales due to improvement in manufacturing facilities in most of the emerging countries such as China, India, and Brazil is a key factor that drive the demand for automotive seats. Improvement in productivity of automotive seats in the automotive sector is anticipated to influence prominent players to invest and expand the business through different segments such as electric and internal combustion engine. In addition, increase in disposable income of consumers and surge in passenger vehicles sale across the globe fuel the demand for automotive vehicles, which in turn is expected to boost the growth of the automotive seat market.

Developing countries such as India, China, and Brazil are the most promising countries for the automotive sector, owing to increase in sales of electric vehicles. Furthermore, increase in awareness about the latest technology used in automotive and rise in deployment of automotive seat in automobiles from the giant companies are expected to fueling the growth of the market. The automotive seat market trends are decided on the basis of forecast from 2018 to 2025.  In recent years, consumers have shifted their interest toward technologically advanced, autonomous seating that have number of applications. This in turn increases the overall use of automotive seat components in vehicles, thereby boosting the automotive seat market growth.

For Purchase Enquiry – https://www.alliedmarketresearch.com/purchase-enquiry/4761

Key Findings of the Automotive Seat Market:

  • In 2017, based on seat type, the bucket seat segment generated the highest revenue.
  • In 2017, by vehicle type, the passenger type was the highest revenue contributor.
  • In 2017, by vehicle energy source, the gasoline segment was the highest revenue contributor.
  • In 2017, region wise, Asia-Pacific contributed the highest revenue, followed by Europe, North America, and LAMEA.

The key players analyzed in this report include Adient plc, Aisin Seiki Co., Ltd, Faurecia, GENTHERM, Lear Corporation, Magna International Inc, NHK SPRING Co., Ltd., Tachi-s Co, Ltd., Toyota Boshoku Corporation, and TS Tech Co., Ltd.

Request for Customization Research –  https://www.alliedmarketresearch.com/request-for-customization/4761

About us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com

Web: www.alliedmarketresearch.com

Leave a comment

Your email address will not be published. Required fields are marked *