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 decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $7.7 billion by 2025 with a CAGR of 1% to 3% from 2020 to 2025. 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"
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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 2020-2025: 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 2014-2025)
Mid-Size Cars
Large Cars
SUVs and Crossovers
MPVs
HCVs
Others
By End User ($ Million from 2014 to 2025):
By Region [Volume (Million Units) and $ M Shipment for 2014-2025):
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
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