Passenger Car Seat Trends and Forecast
The future of the global passenger car seat market looks promising with opportunities in the armrest, pneumatic system, seat belt, seat frame & structure, seat headrest, seat height adjuster, seat recliner, seat track, and side/curtain airbag markets. The global passenger car seat market is expected to reach an estimated $43.7 billion by 2030 with a CAGR of 1.0% from 2024 to 2030. The major drivers for this market are increasing use of motorized seats in mid-size vehicles and SUVs, growing emphasis on lightweight materials in passenger car seats and ridesharing, and rising global sales of automobiles.Passenger Car Seat by Segment
The study includes a forecast for the global passenger car seat by propulsion, seat type, component type, and region.Passenger Car Seat Market by Propulsion [Shipment Analysis by Value from 2018 to 2030]
- Battery Electric Vehicle
- Fuel Cell Electric Vehicle
- Plug-In Hybrid Electric Vehicle
Passenger Car Seat Market by Seat Type [Shipment Analysis by Value from 2018 to 2030]
- Bucket
- Split/Bench
Passenger Car Seat Market by Component Type [Shipment Analysis by Value from 2018 to 2030]
- Armrest
- Pneumatic System
- Seat Belt
- Seat Frame & Structure
- Seat Headrest
- Seat Height Adjuster
- Seat Recliner
- Seat Track
- Side/Curtain Airbag
Passenger Car Seat Market by Region [Shipment Analysis by Value from 2018 to 2030]
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Passenger Car Seat Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies passenger car seat companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the passenger car seat companies profiled in this report include-- Adient
- Faurecia
- Lear
- Toyota Boshoku
- Magna
Passenger Car Seat Market Insights
The publisher forecasts that split/bench is expected to witness the higher growth over the forecast period because split/bench seats are less expensive than bucket seats, making them more appealing alternative for budget-conscious purchasers.APAC is expected to witness highest growth over the forecast period due to rising incidence of traffic incidents, increasing government rules requiring the installation of airbags in cars, and growing consumer demand for safety measures in cars in the region.
Features of the Global Passenger Car Seat Market
- Market Size Estimates: Passenger car seat market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Passenger car seat market size by propulsion, seat type, component type, and region in terms of value ($B).
- Regional Analysis: Passenger car seat market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different propulsion, seat type, component type, and regions for the passenger car seat market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the passenger car seat market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the passenger car seat market size?Answer: The global passenger car seat market is expected to reach an estimated $43.7 billion by 2030.
Q2. What is the growth forecast for passenger car seat market?
Answer: The global passenger car seat market is expected to grow with a CAGR of 1.0% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the passenger car seat market?
Answer: The major drivers for this market are increasing use of motorized seats in mid-size vehicles and SUVs, growing emphasis on lightweight materials in passenger car seats and ridesharing, and rising global sales of automobiles.
Q4. What are the major segments for passenger car seat market?
Answer: The future of the global passenger car seat market looks promising with opportunities in the armrest, pneumatic system, seat belt, seat frame & structure, seat headrest, seat height adjuster, seat recliner, seat track, and side/curtain airbag markets.
Q5. Who are the key passenger car seat market companies?
Answer: Some of the key passenger car seat companies are as follows:
- Adient
- Faurecia
- Lear
- Toyota Boshoku
- Magna
Answer: The publisher forecasts that split/bench is expected to witness the higher growth over the forecast period because split/bench seats are less expensive than bucket seats, making them more appealing alternative for budget-conscious purchasers.
Q7. In passenger car seat market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to rising incidence of traffic incidents, increasing government rules requiring the installation of airbags in cars, and growing consumer demand for safety measures in cars in the region.
Q.8 Do we receive customization in this report?
Answer: Yes,the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the passenger car seat market by propulsion (battery electric vehicle, fuel cell electric vehicle, and plug-in hybrid electric vehicle), seat type (bucket and split/bench), component type (armrest, pneumatic system, seat belt, seat frame & structure, seat headrest, seat height adjuster, seat recliner, seat track, and side/curtain airbag), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Passenger Car Seat Market: Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Adient
- Faurecia
- Lear
- Toyota Boshoku
- Magna
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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