According to a new market report published by Lucintel, the future of the global automotive ventilated seat market looks promising with opportunities in the mid-size car, large car, SUVs and crossover segments. The global automotive ventilated seat market is expected to reach an estimated $9.4 billion by 2024 with a CAGR of 2.3% from 2019 to 2024. The major drivers for this market are increasing vehicle production, and rising demand for comfort and luxury features in vehicle interiors.
Browse 79 market data tables and 102 figures spread through 164 pages and in-depth TOC on “Global Automotive Ventilated Seat Market”
In this market, different types of automotive ventilated seat such as mid-size cars, large cars, SUVs and crossovers, MPVs, HCVs, and others are used as vehicle type. On the basis of its comprehensive research, Lucintel forecasts that mid-size car and SUVs and crossovers will show above average growth during the forecast period due to increasing installation of ventilated seats in the mid-size and SUV and crossover segment.
OEM and aftermarket are the major end use segments of the global automotive ventilated seat market. OEM is expected to remain the largest segment due to increasing luxury car sales and growing demand for comfort and luxury among passengers.
North America will remain the largest region due to higher domestic demand for luxury vehicles, and increasing penetration rate of automotive ventilated seats as automakers focus on convenience systems for vehicle’ safety and comfort.
Emerging trends, which have a direct impact on the dynamics of the automotive ventilated seat industry, include introduction of TDI low-VOC foam in vehicle seats and development of lightweight seats. Adient plc, Lear Corporation, Toyota Boshoku Corporation, Faurecia SA, Magna International Inc., TS TECH CO., Ltd, Brose Fahrzeugteile GmbH &Co., NHK Spring CO. Ltd, Tachi-S CO., LTD and Grammer AG are among the major automotive ventilated seats manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed the global automotive ventilated seats market by vehicle type, end user, and region and has come up with a comprehensive research report entitled “Growth Opportunities in the Global Automotive Ventilated Seat Market 2019-2024: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global automotive ventilated seats market by vehicle type, end user, and region as follows:
By Vehicle Type [Volume (Million Units) and $ M Shipment for 2013-2024)
• Mid-Size Cars
• Large Cars
• SUVs and Crossovers
• MPVs
• HCVs
• Others
By End User ($ Million from 2013 to 2024):
• OEM
• Aftermarket
By Region [Volume (Million Units) and $ M Shipment for 2013-2024):
• North America
• Europe
• Asia Pacific
• The Rest of the World
This 164-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/automotive-ventilated-seat-market.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:
Q.1 What are some of the most promising, high-growth opportunities for the global automotive ventilated seat market by vehicle type (mid-size cars, large cars, SUVs and crossovers, MPVs, HCVs, and others), end user (OEM and aftermarket), and by region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q. 2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and reasons behind them?
Q.7 What are some changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via product substitution?
Q.11 What M&A activity has occurred in the last 5 years?
