Rising Penetration of Luxury Vehicles to Fuel the Heated & Climate Controlled Seats Market

Transparency Market Research in its new report titled, “Heated & Climate Controlled Seats Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026,” provides key insights on the heated & climate controlled seats market. The TMR report anticipates that the rising penetration of luxury vehicles owing to increased demand for comfort will drive the heated & climate controlled seats market during the forecast period i.e, 2018-2026. Rising trends of using electronics and electrification of vehicle systems is estimated to boost the heated & climate controlled seats market. The rising temperature during summers is boosting the demand for climate controlled seats. New technological developments have led to the utilization of a fan instead of the conventional heating coil, which also reduces safety concerns involving the usage of coil in a seat. This in turn boosts the adoption of heated & climate controlled seats, says the report.

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The TMR report has segregated the global heated & climate control seats market in terms of application, heating element, components, surface material, vehicle, and region. In terms of application, the automotive heated & climate control seats is classified into four segments. Among them, heated & cooled seats and heated seats are two prominent segments. North America and Europe witnesses a high demand for heated seats owing to the cold climate experienced in these regions. On the basis of heating element, the usage of cooper as a conventional type of heating element in seats is gradually being replaced by aluminum. Aluminum heating element offers superior performance and improved lifespan due to its excellent bonding with polymers. Thus, the aluminum heating element segment is projected to expand at a significant growth rate during the forecast period. On the basis of components, the global heated & climate control seats market is segregated into four segments. Electronic control unit and seat ventilation system are two prominent segments, according to the TMR report.

 

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In terms of vehicle type, the heated & climate control seats market is split into passenger vehicle, light commercial vehicle, heavy commercial vehicle, and buses & coaches. As per the report, rise in disposable income of consumers is boosting the production of passenger vehicles, which in turn is an attractive segment of the heated & climate control seats market. On a geographical standpoint, the heated & climate control seats market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe and North America are the leading markets for heated & climate control seats. Rise in demand for climate control seats in China and India is estimated to drive the market in Asia Pacific. Some of the key players operating in the global heated & climate control seats market are mentioned in this report to give a better competitive landscape of the market and these include Adient plc, Continental AG, Toyota Boshoku Corporation, Magna International Inc., Lear Corporation, Faurecia SA, Gentherm Incorporated, Kongsberg Automotive Holding ASA, and Recitel NV/SA.

 

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Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

 

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