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About Automotive Memory Seat
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Memory seats are defined as electronically adjustable seats, which comes pre-fitted with different memory settings based on the personalization of the user. Memory seats usually come with three different memory settings in most vehicles; however, they can vary from segment to segment. The system offers great convenience in the cases when the vehicle is driven by more than one user. In such situations, the primary user can save his/her seat position settings, so that the seat can be positioned back to their preferable setting at the touch of a button.
The analysts forecast the global automotive memory seat market to grow at a CAGR of 7.60% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive memory seat market for 2018-2022. To calculate the market size, the report considers the revenue generated from the fitment of memory seat in automobiles.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
The report, Global Automotive Memory Seat Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- Continental
- Faurecia
- Magna
- Lear Corporation
- DURA Automotive Systems
- Adient
Market drivers
- Growing integration of advanced seat functionalities due to intense competition among vendors
- For a full, detailed list, view the full report
Market challenges
- Technical issues with system operation
- For a full, detailed list, view the full report
Market trends
- Increasing integration of advanced luxury features in seats
- For a full, detailed list, view the full report
Key questions answered in this report
- What will the market size be in 2022 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: EXECUTIVE SUMMARYPART 02: SCOPE OF THE REPORTPART 03: RESEARCH METHODOLOGYPART 09: CUSTOMER LANDSCAPEPART 11: DECISION FRAMEWORK
PART 04: INTRODUCTION
PART 05: MARKET LANDSCAPE
PART 06: MARKET SIZING
PART 07: FIVE FORCES ANALYSIS
PART 08: MARKET SEGMENTATION BY VEHICLE TYPE
PART 10: REGIONAL LANDSCAPE
PART 12: DRIVERS AND CHALLENGES
PART 13: MARKET TRENDS
PART 14: VENDOR LANDSCAPE
PART 15: VENDOR ANALYSIS
PART 16: APPENDIX
List of Exhibits
Executive Summary
New Report Released: - Global Automotive Memory Seat Market 2018-2022The author of the report recognizes the following companies as the key players in the global automotive memory seat market: Continental, Faurecia, Magna, Lear Corporation, DURA Automotive Systems, and Adient
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is increasing integration of advanced luxury features in seats. The global automotive industry is witnessing advances in automotive technology and systems, which is leading the industry toward the future of autonomous vehicles. To equip vehicles with superior comfort and convenience features, automakers have been investing proactively in the advanced comfort enhancing and convenience systems to make their product distinctive in nature. The changing buying criteria and dynamics of the automotive market have compelled automakers to increase the adaption rate of such systems in their product portfolio.”
According to the report, one of the major drivers for this market is Growing integration of advanced seat functionalities due to intense competition among vendors. The modern automotive seats have become much more functional and hi-tech as compared to the ones 10 years back. Automotive seats have always been a crucial part of vehicles, but till 20th century there was not much of innovation in automotive seats. However, this seems to have changed significantly in the last decade or so. With the ever-growing competition in the automotive industry, OEMs have found out that flexibility and increased functionality is the key for sustainability in the long run.
Further, the report states that one of the major factors hindering the growth of this market is Technical issues with system operation. Memory seats are fitted with numerous electronic components such as sensors, motors, and modules; and is aimed at offering comfort, convenience, and luxury to the users. Though the memory seats are efficient in offering the functionality they are intended to, a malfunction or failure in any of its electronic component may result in operational issues. The presence of electronic content in memory seats has made them more vulnerable to operational issues when compared to manually adjusted seats.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned
A selection of companies mentioned in this report includes:
- Continental
- Faurecia
- Magna
- Lear Corporation
- DURA Automotive Systems
- Adient