The report incorporates the study of the global automotive seat climate systems market that focuses on the penetration of seat climate system developments taking place in the market. The automotive seat climate control system ensures that both the driver and passengers experience a consistently warm and comfortable seating experience, in accordance with the outer climate. The passengers can set the preferred temperature using multiple levels. The activation is done through power control or precise temperature adjustment, depending on the installed configuration. Furthermore, the passengers have the option to fine-tune the temperature in both the seat cushion and backrest areas to match the comfort preferences for each specific region.
Market expansion is being propelled by various factors, increase in investment in luxury cars, increase in comfort level for the drivers, and technological advancement in automotive industry coupled with development of autonomous vehicles eqipped with smart seats. However, system complexity and cost-related issues have hampered the growth of the market. Furthermore, a rise in investments in the growth of smart cities, coupled with R&D activities are expected to propel market growth during the forecast period.
The automotive manufacturers are experiencing major growth in the sales of premium cars, for instance, Genesis, a luxury car manufacturer, is currently undergoing an exceptionally swift surge in sales. In July 2023, the company achieved its highest-ever monthly sales milestone in the United States, with 6,300 vehicle units sold, reflecting a 22% growth compared to July 2022. In 2023, the company reports that it has already established a sales record for the first half of the year in terms of the number of cars sold. This, sales have been witnessing a significant growth in this region as genesis offers ventilated and heated seat system in its premium cars. Moreover, Mexico is projected to emerge as a significant manufacturing hub for autonomous vehicle technology during the forecast period. This growth is expected to lead to increased demand for seat climate systems owing to the deployment of smart seats in autonomous vehicles along with the installation in the luxury premium cars.
The market is segmented into surface material, vehicle type, applications, and regions. On the basis of surface material, it is categorized into leather, cloth and others. On the basis of vehicle type, it is classified into Passenger, LCV, and HCV. The application segment is divided into heated and cooled seats, heated and ventilated seats, heated seats, neck warmer. On the basis of region, the market is analysed across North America, Europe, Asia-Pacific and LAMEA.
Key players operating in the global automotive seat control systems market are Mercedes-Benz AG, Ford Motor Company, Volkswagen Group, BMW AG, Audi AG, AB Volvo, Continental AG, Jaguar Land Rover Limited, Tesla, Inc., and Hyundai Motor Company, among others. The leading companies adopt strategies such as product launch, partnership, acquisition, expansion and collaboration to strengthen their market position.
Market expansion is being propelled by various factors, increase in investment in luxury cars, increase in comfort level for the drivers, and technological advancement in automotive industry coupled with development of autonomous vehicles eqipped with smart seats. However, system complexity and cost-related issues have hampered the growth of the market. Furthermore, a rise in investments in the growth of smart cities, coupled with R&D activities are expected to propel market growth during the forecast period.
The automotive manufacturers are experiencing major growth in the sales of premium cars, for instance, Genesis, a luxury car manufacturer, is currently undergoing an exceptionally swift surge in sales. In July 2023, the company achieved its highest-ever monthly sales milestone in the United States, with 6,300 vehicle units sold, reflecting a 22% growth compared to July 2022. In 2023, the company reports that it has already established a sales record for the first half of the year in terms of the number of cars sold. This, sales have been witnessing a significant growth in this region as genesis offers ventilated and heated seat system in its premium cars. Moreover, Mexico is projected to emerge as a significant manufacturing hub for autonomous vehicle technology during the forecast period. This growth is expected to lead to increased demand for seat climate systems owing to the deployment of smart seats in autonomous vehicles along with the installation in the luxury premium cars.
The market is segmented into surface material, vehicle type, applications, and regions. On the basis of surface material, it is categorized into leather, cloth and others. On the basis of vehicle type, it is classified into Passenger, LCV, and HCV. The application segment is divided into heated and cooled seats, heated and ventilated seats, heated seats, neck warmer. On the basis of region, the market is analysed across North America, Europe, Asia-Pacific and LAMEA.
Key players operating in the global automotive seat control systems market are Mercedes-Benz AG, Ford Motor Company, Volkswagen Group, BMW AG, Audi AG, AB Volvo, Continental AG, Jaguar Land Rover Limited, Tesla, Inc., and Hyundai Motor Company, among others. The leading companies adopt strategies such as product launch, partnership, acquisition, expansion and collaboration to strengthen their market position.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the automotive seat climate systems market analysis from 2022 to 2032 to identify the prevailing automotive seat climate systems market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the automotive seat climate systems market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global automotive seat climate systems market trends, key players, market segments, application areas, and market growth strategies.
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- Investment Opportunities
- Technology Trend Analysis
- Market share analysis of players at global/region/country level
- SWOT Analysis
Key Market Segments
By Application
- Heated and Ventilated Seats
- Heated Seats
- Neck Warmers
- Heated and Cooled Seats
By Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
By Surface Material
- Leather
- Cloth
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Russia
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
- Tesla, Inc.
- AB Volvo
- Jaguar Land Rover Limited
- Renault Group
- Ford Motor Company
- Continental AG
- Volkswagen Group
- BMW AG
- Mercedes-Benz AG
- Hyundai Motor Group
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: AUTOMOTIVE SEAT CLIMATE SYSTEMS MARKET, BY APPLICATION
CHAPTER 5: AUTOMOTIVE SEAT CLIMATE SYSTEMS MARKET, BY VEHICLE TYPE
CHAPTER 6: AUTOMOTIVE SEAT CLIMATE SYSTEMS MARKET, BY SURFACE MATERIAL
CHAPTER 7: AUTOMOTIVE SEAT CLIMATE SYSTEMS MARKET, BY REGION
CHAPTER 8: COMPETITIVE LANDSCAPE
CHAPTER 9: COMPANY PROFILES
List of Tables
List of Figures
Executive Summary
According to a recent report titled, “Automotive Seat Climate System Market by Component, Surface Material, Application, and Vehicle Type: Global Opportunity Analysis and Industry Forecast, 2020–2030,” the global automotive seat climate systems market was valued at $12.34 million in 2020, and is projected to reach $20.12 billion by 2030, registering a CAGR of 5.2% from 2021 to 2030.Asia-Pacific dominates this market presently, followed by Europe. In 2020, China dominated the market in Asia-Pacific; similarly, Germany led the overall market in the European region. U.S. dominates the market in North America at present.
Factors such as increased driver comfort during long journeys, rise in penetration of semi-luxury & luxury vehicles worldwide, growth in disposable income of the population, high fuel efficiency, and lower electric power consumption boost the market growth. However, high installation cost of automotive climate seats is anticipated to hinder this growth. Moreover, increase in demand for electric & hybrid vehicles and high requirement for climate seats in mid-passenger & commercial vehicles are expected to offer ample number of opportunities to key players of the market.
In 2020, the seat heating system segment dominated the global automotive seat climate systems in component segment, in terms of revenue. However, on the basis of material type, leather led the global market, followed by cloth in 2020.
Heated seats led the automotive seat climate system market by seat type in 2020. However, heated & cooled seat segment is anticipated to depict highest CAGR throughout the forecast period.
Key Findings Of The Study
- By component type, seat heating system generated the highest revenue of the global automotive seat climate systems market in 2020
- In 2020, the heated seat type generated the highest revenue among the global automotive seat climate systems market
- Asia-Pacific is anticipated to exhibit the highest CAGR during the forecast period
- In 2020, the passenger car vehicle type segment contributed the highest market share in the automotive seat climate systems market
- The key players profiled in the report include Lear Corporation, Gentherm, Konsberg Automotive, Adient plc, Continental AG, Magna International Inc., II-VI, Inc, Toyota Motor Corporation, Recticel, and Faurecia
Companies Mentioned
- Tesla, Inc.
- AB Volvo
- Jaguar Land Rover Limited
- Renault Group
- Ford Motor Company
- Continental AG
- Volkswagen Group
- BMW AG
- Mercedes-Benz AG
- Hyundai Motor Group
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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