A recently released report by Fact.MR provides actionable and invaluable insights into the automotive seats market. The report includes a list of all the key factors influencing the performance of the automotive seats market along with valid justifications and analysis for each of the identified
factors. Both a qualitative and quantitative assessment of the factors has been provided in the report. Additionally, all the macro and microeconomic facets influencing the growth of the automotive seats market have been included in the report. A comprehensive opportunity assessment of the automotive seats market has also been included in the report. Additionally, a comprehensive analysis of the competitive landscape prevalent in the automotive tires market has been provided in the report.
The personal vehicles are focusing in the pertaining factors such as handling, ride comfort, technology and appearance in the automotive seats market. Accordingly, static and dynamic anthropometry data are being assessed for proper design of a comfortable and safe seat.
The automotive industry strongly recommends research in the field of objective comfort assessment that is dedicated to the seat and related postures. Providing an ergonometric platform with precise support against longitudinal acceleration and lateral forces and downward gravity.
Modern power seats offer the ability to manage every aspect of the seat—seat height, steering wheel, seat tilt, lumbar support, distance from the steering wheel. As such, advanced seats measure the weight of the driver to find out the air-bag settings and offer head rests to lower neck injury in case of collision.
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Robust developments are coming through the area of materials as manufacturers are introducing new seat-pad foam that all but obliterates hazardous emissions form the amine catalysts conventionally used in the gelling and blowing reactions in the course of foam production.
Factors Upholding Automotive Seats Market Growth
Burgeoning consumer demand for safety and comfort in automobiles is a vital factor driving the changes in the manufacturing of automotive seats.
Demand for lightweight automotive seats is likely to rise with the implementation of corporate average fuel economy (CAFÉ) norms across the world prompting OEMs and automobile manufacturers to increasingly focus on enhancing the fuel efficiency of their products.
Growing concerns about the use of plastic in addition to stringent government regulations on waste production and plastic disposal are causing automotive seat manufacturers to invest heavily in research and development of new materials for manufacturing automotive seats.
Automotive seat manufacturers are heavily investing in research and development of 3D printing, aka additive manufacturing. For over three decades, General Motors has been 3D printing prototypes and the additive manufacturing is being seen in more consumer products than ever before. A USD 70 million consortium of business and universities solely dedicated to introduction of new ways to use 3D printing bolstered automotive seat market in the U.S. 3D printing seats is said to be lighter and stronger than the standard seats and for the automakers who want to woo consumers with attributions of faster vehicle with higher gas mileage, the surged light weighting is a paradise path to market domination.
Automotive Seats Market – Key Insights
Resurgent sales of automobiles around the world after the recession of 2008 was a vital factor which bolstered automotive seats market growth. Recovering sales helped automotive seats market register a healthy growth rate of 4.2% during the 2012-2016 period.
Proliferating automobile sales owing to a surge in the demand for light commercial vehicles for the development of fleets along with other factors saw the automotive seats market generate revenues of US$ 33 billion in 2018. The market is poised to register healthy growth at a CAGR of 5% during 2017-2022.
APEJ is estimated to account for the bulk of the automotive seats market share with the demand for luxurious and comfort seating on a rise in the region.
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Automotive Seats Market: Synopsis
The intelligence report on the automotive seats market is backed up by qualitative and quantitative analysis. Besides, the report delineates the dynamics in the market which have overarching influence in the growth of the automotive seats market, including drivers, restraints, trends, and opportunities. Additionally, the report also delineates segmentation to showcases a comprehensive analysis of the automotive seats market.
The report swears by primary sources and secondary sources which offer an in-depth assessment on automotive seats market. The report hinges upon primary source, which includes authentic and veracious analysis from pundits, telephonic interview and unbiased assessment from seasoned analyst, and surveys. Meanwhile, the secondary research relies on Factiva, resourceful database, EC filing and trade journals.
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