Automotive Ventilated Seats Market is expected to reach 12.69 million units by 2027, thanks to growth in the passenger vehicles segment. The report analyzes Automotive Ventilated Seats market dynamics by region, vehicle type, and sales channel.
Automotive Ventilated Seats Market Overview:The automotive ventilated seat market was valued at 9.51 Mn. Units in 2020, and it is expected to reach 12.69 Mn. Units by 2027 with a CAGR of 4.21% during the forecast period. Air is blown into the chambers by ventilated seats, whereas air is blown over a cooled surface and then into the seat by cooled seats. The air can reach the occupant through perforations in the chairs. Heat transmission is available in ventilated seats to get the heat flow going. It keeps from sweating. However, this inability raises heat production and causes greater sweating. These seats let the body temperature match that of the environment, allowing heat transmission to occur and reducing sweating. To know about the Research Methodology :- Request Free Sample Report 2020 is considered a base year however 2020's numbers are on the real output of the companies in the market. Special attention is given to 2020 and the effect of lockdown on the demand and supply, and also the impact of lockdown for the next two years on the market. Some companies have done well in lockdown also and specific strategic analysis of those companies is done in the report.
Automotive Ventilated Seats Market Dynamics:The global market is growing at an alarming rate, mainly to the globalization of the automotive industry and the rising use of low-VOC TDI in car seats. Another element driving the market is the rising demand for ventilated seats and covers, as well as the rising demand for car leasing. Increasingly rigorous emissions rules are also driving the market. The ventilated seat market in the global market is expected to grow significantly over the forecast period, but some issues, such as a rise in the price of ventilated seat kits and unequal weather conditions in different countries, are limiting the growth. Another reason impeding the growth of the ventilated seat sector is the rising depreciation rate on automobiles due to obsolescence, which limits the industry's global growth. In the global market, the use of ventilated seats is growing. During the forecast period, significant advancements in technology in driver assistance may give growth prospects for the ventilated seat sector in the global market. The improvement in the market also promises a more automated driving experience as well as increased driver safety. Also, during the forecast period, the increasing personal disposable income in several emerging countries gives potential prospects in this market. The market is expected to grow as a result of the shifting trend toward lightweight and composite materials for the creation of lighter seats for electric and hybrid vehicles, as well as the advancement of innovative seating systems for upcoming automobiles. In 2019, almost 92 million automobiles were produced around the world. In comparison to the previous year, this figure represents a drop of roughly 5%. In 2019, China, Japan, and Germany were the top producers of automobiles and commercial vehicles. However, the high prices associated with innovative seats are causing some concerns in the automobile ventilated seat market. Manufacturers are attempting to achieve a compromise between low-cost production and customer perceived benefits.
Automotive Ventilated Seats Market Segment Analysis:Based on Vehicles, the automotive ventilated seat market is segmented as, passenger cars, and commercial vehicles. The passenger cars segment is expected to grow at the fastest CAGR of xx% during the forecast period. Customers' preferences are changing all across the world as their lifestyles and economies improve. The automobile ventilated seat market is expected to rise during the forecasted period, driven by rising power purchase parity and disposable income, increased brand recognition, and OEM rivalry to offer better features. The typical amount of time spent in a vehicle is increasing, resulting in a desire for more comfortable seats. As a result of the increasing average time spent and the tightening of restrictions, the need for comfortable car seating systems may rise. To fulfill rigorous emission and fuel efficiency rules, the automotive industry is heavily investing in developing new technology to lower overall vehicle weight. This would also encourage investment in seating technologies, such as the development of lightweight ventilated chairs. OEMs are likewise attempting to strike the ideal mix between low production costs and increased functionality. Detailed information about all segments is covered in the MMR’s report.
Automotive Ventilated Seats Market Regional Insights:In 2020, Asia-Pacific had the greatest market share of xx%, and this is expected to continue during the forecast period. The Chinese economy is growing, and middle-class consumers' discretionary income is rising as well. This, in turn, has a favorable impact on the expanding demand for automobiles. Vehicle production has increased dramatically in the last five years as a result of the country's low production costs. Also, to drive car sales, the Chinese government has reduced car taxes. China is also a major exporter of automobiles and automotive components. The region's tendency of growing car production is likely to support market growth. The global economy and environmental restrictions have a significant impact on Chinese car exports. Recent regulatory changes around the world have had little to no impact on the rate of sales growth in 2019. China shipped roughly 285,000 commercial vehicles and 725,000 passenger cars in 2019. China has been the world's largest vehicle producer for a few years. In 2018, China produced more than a quarter of all passenger automobiles in the world, surpassing the European Union's overall proportion. Chinese car brands have a considerable cost advantage over imported cars from international automakers in other markets. As a result, China's car exports primarily went to other developing countries and growing markets. The objective of the report is to present a comprehensive analysis of the market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global market dynamics, structure by analyzing the market segments and projecting the global market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global market makes the report investor's guide.
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Automotive Ventilated Seats Market Report Coverage Details Base Year: 2020 Forecast Period: 2021-2027 Historical Data: 2016 to 2020 Market Size in 2020: 9.51 Mn. Units Forecast Period 2021 to 2027 CAGR: 4.21% Market Size in 2027: 12.69 Mn. Units Segments Covered: by Vehicle Type • Passenger Cars • Commercial Vehicles by Sales Channel • OEMs • Aftermarket
Automotive Ventilated Seats Market, by Region• North America • Europe • Asia Pacific • The Middle East and Africa • South America
Automotive Ventilated Seats Market Key Players• Lear Corporation • Adient Plc • Magna International Inc. • Toyota Boshoku Corporation • Dura Automotive Systems • Gentherm • TS Tech Co., Ltd • Faurecia SA • Brose Fahrzeugteile GmbH and Co. • NHK Spring Co. Ltd. • Continental AG • Grammer AG • Hyundai Transys • Kongsberg Automotive ASA • Others Frequently Asked Questions: 1. What is the forecast period considered for the Automotive Ventilated Seats market report? Ans. The forecast period for the automotive ventilated seat market is 2021-2027. 2. Which key factors are expected to hinder the growth of the Automotive Ventilated Seats market? Ans. The stringent rules and regulations governing the automotive sector are the key factor expected to hinder the market growth during the forecast period. 3. What is the compound annual growth rate (CAGR) of the Automotive Ventilated Seats market for the next 6 years? Ans. The global automotive ventilated seat market is expected to grow at a CAGR of 4.21% during the forecast period (2021-2027). 4. What are the key factors driving the growth of the Automotive Ventilated Seats market? Ans. The surging adoption of low VOC TDI seats and the advancing global automotive industry are the key factors expected to drive the growth of the market during the forecast period. 5. Which are the worldwide major key players covered in the Automotive Ventilated Seats market report? Ans. Lear Corporation, Adient Plc, Magna International Inc., Toyota Boshoku Corporation, Dura Automotive Systems, Gentherm, TS Tech Co., Ltd, Faurecia SA, Brose Fahrzeugteile GmbH and Co., NHK Spring Co. Ltd., Continental AG, Grammer AG, Hyundai Transys, Kongsberg Automotive ASA, and Others.
1. Automotive Ventilated Seats Market: Research Methodology 2. Automotive Ventilated Seats Market: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Automotive Ventilated Seats Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Automotive Ventilated Seats Market: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12. COVID-19 Impact 4. Automotive Ventilated Seats Market Segmentation 4.1. Automotive Ventilated Seats Market, by Vehicle Type (2020-2027) • Passenger Cars • Commercial Vehicles 4.2. Automotive Ventilated Seats Market, By Sales Channel (2020-2027) • OEMs • Aftermarket 5. North America Automotive Ventilated Seats Market (2020-2027) 5.1. North America Automotive Ventilated Seats Market, by Vehicle Type (2020-2027) • Passenger Cars • Commercial Vehicles 5.2. North America Automotive Ventilated Seats Market, By Sales Channel (2020-2027) • OEMs • Aftermarket 5.3. North America Automotive Ventilated Seats Market, by Country (2020-2027) • United States • Canada • Mexico 6. European Automotive Ventilated Seats Market (2020-2027) 6.1. European Automotive Ventilated Seats Market, by Vehicle Type (2020-2027) 6.2. European Automotive Ventilated Seats Market, By Sales Channel (2020-2027) 6.3. European Automotive Ventilated Seats Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Automotive Ventilated Seats Market (2020-2027) 7.1. Asia Pacific Automotive Ventilated Seats Market, by Vehicle Type (2020-2027) 7.2. Asia Pacific Automotive Ventilated Seats Market, By Sales Channel (2020-2027) 7.3. Asia Pacific Automotive Ventilated Seats Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. The Middle East and Africa Automotive Ventilated Seats Market (2020-2027) 8.1. The Middle East and Africa Automotive Ventilated Seats Market, by Vehicle Type (2020-2027) 8.2. The Middle East and Africa Automotive Ventilated Seats Market, By Sales Channel (2020-2027) 8.3. The Middle East and Africa Automotive Ventilated Seats Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. Latin America Automotive Ventilated Seats Market (2020-2027) 9.1. Latin America Automotive Ventilated Seats Market, by Vehicle Type (2020-2027) 9.2. Latin America Automotive Ventilated Seats Market, By Sales Channel (2020-2027) 9.3. Latin America Automotive Ventilated Seats Market, by Country (2020-2027) • Brazil • Argentina • Rest Of Latin America 10. Company Profile: Key players 10.1. Lear Corporation 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Adient Plc 10.3. Magna International Inc. 10.4. Toyota Boshoku Corporation 10.5. Dura Automotive Systems 10.6. Gentherm 10.7. TS Tech Co., Ltd 10.8. Faurecia SA 10.9. Brose Fahrzeugteile GmbH and Co. 10.10. NHK Spring Co. Ltd. 10.11. Continental AG 10.12. Grammer AG 10.13. Hyundai Transys 10.14. Kongsberg Automotive ASA 10.15. Others