Automotive Seats Market : Value Chain, Stakeholder Analysis and Trends by 2025 – PMR

Automotive Seats Market  published by Persistence Market Research for the estimated period of 8-years. With a CAGR of 3.7%, this market is expected to witness steady growth throughout the forecasted period. Slowdown in the global automotive production and increasing use of public transport to cut down the transportation cost are significant reasons behind the slow growth of the global market for automotive seats. Global sales of automotive  US$ 74.19 Bn by 2025.

Global Automotive Seats Market: Restraints

  • Lowering hide production to act as restraint in the Europe automotive seats market
  • Adoption of Low-cost and Inferior Substitutes
  • Soaring government regulations and rules are acting as hurdles for the manufacturers
  • Slowdown in the Global Automotive Production
  • Increasing use of public transport to cut down the transportation cost

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APAC to grab more than 45% revenue share of the global automotive seats market

APAC market is estimated to dominate the global automotive seats market with more than 45% market value share in 2017. This region is likely to be valued at more than US$ 25 Bn , expanding at a CAGR of 4.1% over the forecast period of 2017-2025. Increasing demand for hybrid and electric vehicles in the region is the primary reason for fueling the growth of automotive seats market in APAC. Europe market is estimated to grow in the global automotive seats market with more than 20% market value share, valued at more than US$ 12 Bn by 2017 end; expanding at a CAGR of 3.5% over the forecast period of 2017-2025.

Global Automotive Seats Market: Competitive Landscape

Adient PLC, Faurecia SA, Lear Corporation, Toyota Boshoku Corporation, TS Tech Co., Ltd., Magna International Inc., Aisin Seiki Co., Ltd., Tachi-S Co., Ltd., NHK Spring Co., Ltd., Guelph Manufacturing Group, RECARO Holding GmbH, Gentherm, Camaco LLC, Amvian Automotive (Pvt.) Ltd., Brose Fahrzeugteile GmbH & Co. KG, Kahovec, s r.o., Daewon Kangup Co Ltd, Siemens AG, PHOENIX SEATING LIMITED, and Autostop Global are some of the key player in the global automotive seats market.

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Key market segments covered in this report

By Product Type
  • Bench
  • Bucket
By Vehicle Type
  • Passenger Cars
  • LCV (Light Commercial Vehicles)
  • HCV (Heavy Commercial Vehicles)
By Cover Material
  • Genuine Leather
  • Synthetic Leather
  • Fabric Material
By Technology
  • Standard
  • Powered
  • Heated
  • Massage
By Sales Channel
  • OEM (Original Equipment Manufacturer)
  • Aftermarket
By Region
  • North America
  • Latin America
  • Europe
  • APAC
  • MEA

Global Automotive Seats Market: Forecast by Region

The report covers five regions namely, North America, Latin America, Europe, APAC and MEA. Sales of Automotive Seats in North America is estimated to be valued at US$ 9889.3 Mn by the end of 2017 and is expected to reach US$ 12.45 Bn by the end of 2025, registering a CAGR of 2.9% in terms of value over the forecast period. On the other hand APAC market is estimated to dominate the global automotive seats market with a 49.5% market value share, valued at US$ 27.36 Bn by 2017 end; expanding at a CAGR of 4.1% over the forecast period of 2017-2025.

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