Market Insight: Automotive Seat Market to Reach $80.7 Billion by 2021

Lucintel has announced the launch of a market research report entitled “Growth Opportunities in the Global Automotive Seat Market”.

This market report for automotive seat identifies and predicts future opportunities for growth in the global automotive seat industry for various segments and for the various regions of North America, Europe, Asia Pacific, and the Rest of the World. It also identifies growth opportunities for mid-size and large car segment.

According to our market report, the global automotive seat market is expected to reach an estimated $78.7 billion by 2022 and it is forecast to grow at a CAGR of 3.0% from 2017 to 2022. Some of the dominant players in the global automotive seat market are Adient plc, Lear Corporation, Toyota Boshoku Corporation, Faurecia SA, and Magna International Inc.

In the automotive seat market, mid-size and large car are some of the major segments. On the basis of its comprehensive research, Lucintel forecasts that powered seat and heated seat are expected to show above average growth during the forecast period from 2017 to 2022.

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