Author: Vikas Kumar
14 April 2022
Global Automotive Seats Market is expected to grow at a CAGR of around ~4% during the forecast period 2021-2027. One of the primary reasons driving the market is the increase in vehicle production and sales. Furthermore, the increased number of traffic accidents is fueling demand for innovative safety features such as twin airbags and seatbelt pretensioners to protect passengers from injuries in the case of a vehicle crash or a severe collision. Furthermore, governments in a number of countries are requiring the installation of baby car seats in order to prevent tragic accidents and ensure the protection of children in automobiles. This, combined with parents’ increasing concerns about their children’s safety, is helping to drive market expansion. Aside from that, the growing trend of driverless vehicles is prompting manufacturers to create intelligent seating systems with improved comfort and ergonomics, as well as lightweight and environmentally friendly materials. Moreover, numerous major players are implementing smart sensors, air moving devices, high-power-density heaters, and convective warmers into automobile seats, which is expected to give profitable chances to market players.
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Over the years, a dramatic shift in preference for larger cars has nearly doubled the share of SUVs. According to the International Energy Agency, the number of SUVs on the road worldwide climbed by more than 35 million in 2021. SUVs account for over half of all automobiles sold in the United States and one-third of all cars sold in Europe. India’s SUV sales are now lower than those in Western countries. OEMs, on the other hand, are releasing compact SUVs in the mid-price category, which are enticing to purchasers. As a result, the Indian market is gravitating toward tiny SUVs, which are less expensive than full-size SUVs. SUVs come with a number of seating options. Full-size SUVs, for example, typically include bucket seats in the first and second rows and a 60/40 split-bench/bucket in the third row. The front row seats in compact SUVs are bucket seats, and the second-row seats are either bench or bucket seats (may or may not be split). In terms of technology, full-size SUV seats can be motorized, heated, and vented, and leather seats are also an option. As the demand for SUVs grows around the world, so does the desire for motorized and ventilated/heated seats.
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The most likely scenario takes into account COVID-19’s present influence on the automobile seat market, which is affecting global vehicle sales during lockdowns. Even once the lockdowns are lifted completely, production is unlikely to continue at full capacity due to issues in the supply chain, workforce availability, and government precautionary instructions. The COVID-19 outbreak is likely to have a moderate impact on the automobile seat market in this scenario. The epidemic has had a significant impact on major automobile manufacturing countries such as China, Japan, Germany, and the United Kingdom. The car seat industry saw a drop in demand in 2020 as a result of the pandemic. However, in order to increase vehicle sales, new safety features have been implemented. From the third quarter of 2021, production and sales restarted, with numerous countries restarting manufacturing and building facilities at the same time. This would result in a gradual but steady recovery in vehicle production, resulting in increased demand for automobile seats.
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For a better understanding of the market adoption of the Automotive Seats, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, Rest of North America), Europe (Germany, France, UK, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Rest of APAC), and Rest of World. During the projection period, the Asia-Pacific region led the market for automotive seats, with China predicted to have a substantial share of the market due to the presence of major automotive seating manufacturers in the region. The increased demand for affordable vehicles in Asian countries such as China, Japan, South Korea, and India can be related to shifts in consumer behavior caused by pandemics. China is expected to be the fastest-growing market for automotive seats in this region due to rising vehicle production and sales. The increasing demand for hybrid and electric vehicles in emerging nations like China, India, and Japan will further add to the growth of demand of the automotive seat market in the region.
Global Automotive Seats Market Segmentation
Market Insight, by Material Type
Market Insight, by Technology
Market Insight, by Vehicle Type
Market Insight, by Seat Type
Market Insight, by Region
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