Automotive Interior Market is set to expand at a CAGR of
5.6% between 2022 and 2032. Automotive Ambient Lighting Market is
set to expand at a CAGR of 10.6% between 2022 and 2032
NEWARK,
Del., Sept. 29, 2022 /PRNewswire/ -- The global
demand for auto-ventilated seats is predicted to expand at a CAGR
of 6.2% during the period of study by Future Market Insights. The
global auto-ventilated seats market is expected to rise from
$7.97 billion in 2022 to $14.5 billion in 2032.
Electric and hybrid vehicle seats are increasingly made from
lightweight or composite materials. The global auto ventilated
seats market is expected to expand due to the development of
advanced seating systems for future automobiles.
The demand for auto ventilated seats is predicted to expand
during the forecast period due to rising demand for luxurious and
comfortable sitting, rising sales of passenger automobiles, and
rising per capita income due to increasing urbanization. The most
recent innovations and the active participation of important
companies in the market further drive the auto ventilated seats
market forward. In August 2021, Ford,
for instance, patented moisture-sensing seat technology that uses
liquid-permeable seat covers to detect moisture in the seat and
adjusts temperature control accordingly.
Even though China is currently
the largest auto market in the world, its growth has been slowing,
making North America the largest
auto ventilated seats market. However, the Asia Pacific region has the fastest-growing
market for auto ventilated seats because of the rising demand for
automobiles and rising incomes.
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However, the high prices associated with advanced auto seats are
raising some anxiety in the auto ventilated seats market.
Manufacturers strive for a middle ground between low production
costs and customer-perceived benefits. Demand for auto ventilated
seats is predicted to develop throughout the foreseeable future due
to rising passenger car sales, increased per capita income due to
urbanization, and a growing market for comfortable and luxurious
seating. The global auto ventilated seats market is expanding
thanks to new developments and the efforts of major industry
players.
But if consumers aren't interested in buying ventilated seats,
the auto ventilated seats market could stagnate. As urbanization
and technology advancements continue, the auto ventilated seats
market in vehicles is likely to expand.
Key Takeaways
- The auto ventilated seats market is anticipated to be driven by
factors such as the increasing demand for comfortable and luxurious
seating, the growing prevalence of ventilated seating in both
mid-segment and entry-level vehicles, the rapid growth of the
passenger vehicle industry, and the rising average income per
person.
- The demand for auto ventilated car seats is predicted to grow
slowly due to the high prices of the modern seats needed to compete
in this industry.
- The global auto ventilated seats market is predicted to grow
thanks to technological advancements, increasing urbanization,
affordable financing alternatives, and seat innovations.
- Adient plc., Lear Corporation, Faurecia, Toyota Boshoku
Corporation, and Magna International Inc. lead the auto ventilated
seats industry. These companies are using new product development,
partnerships, and joint ventures to innovate their offers and
expand their consumer base.
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Competitive Landscape
The global auto ventilated seats market is varied and fiercely
competitive because of numerous international and regional
competitors. The global auto ventilated seats market is becoming
increasingly competitive due to improvements in fuel efficiency and
a trend toward downsizing vehicles.
Auto-ventilated seat sales are dominated by a small number of
extremely large corporations such as Lear Corporation, Adient PLC,
Faurecia, Toyota Boshoku Corporation, Magna International, etc.
Major companies primarily make revenue through technical and
financial partnerships for technological development, as well as
through collaborations with automobile manufacturers and OEMs.
Auto Ventilated Seats Market by Category
Vehicle Type:
- Economy Cars
- Mid-size Cars
- Luxury Cars
End User:
Fan Type:
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- MEA
Latest Developments
- Faurecia's Hanover Marienwerder Technology & Customer
Center officially inaugurated that March. All German Faurecia
Holding services, as well as the former Faurecia Seating R&D in
Stadthagen and Faurecia Interiors R&D in Peine, have moved to a
new building in Hanover's Science
Area 30X. (Faurecia Automotive GmbH). There are more than 850
people working here full time.
- Seats and door trims of the revised LEXUS LX, released by
Toyota Motor Corporation in January
2022, are ventilated owing to innovations developed by
Toyota Boshoku Corporation in March
2022.
- In October of 2021, Lear Corporation announced that it had
entered a binding deal to purchase the complete Interior Comfort
Systems (ICS) business sector from Kongsberg Automotive. Kongsberg
Automotive's ICS business has been at the forefront of the movement
to include more advanced comfort features including massage,
lumbar, heated, and ventilated seating.
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Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic
Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative
Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and
their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level
Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers
and Distributors
3.5.2. Value Added and Value Created
at Node in the Supply Chain
3.5.3. List of Raw Material
Suppliers
3.5.4. List of Existing and
Potential Buyer's
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and
Distributors
3.7.3. Retailers
3.8. PESTLE and Porter's Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Auto Ventilated Seats Market Analysis 2017-2021 and
Forecast, 2022-2032
4.1. Historical Market Size Value (US$ Mn) &
Volume (Unit) Analysis, 2017-2021
4.2. Current and Future Market Size Value (US$ Mn)
& Volume (Unit) Projections, 2022-2032
4.2.1. Y-o-Y Growth Trend
Analysis
4.2.2. Absolute $ Opportunity
Analysis
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About FMI – Automotive and Transportation
The Automotive and Transportation division of FMI provides
exclusive coverage and actionable insights about automotive and
transportation industry encompassing automotive, aviation, shipping
and marine, and railway sectors. Market findings and competition
intelligence of OEM, aftermarket, services and technology landscape
have helped numerous industry stakeholders' right from automakers,
component manufacturers, channel partners and service providers in
taking informed decisions and keeping them up-to-date with market
behaviour.
Have a Look at Related Research Reports of
Automotive Domain
Automotive Seating Market Analysis : is likely to be valued
at US$ 52,941.6 million in
2022 and is predicted to secure a slow-paced CAGR
of 3.40% during the forecast period. The market is expected to
grow at a value of US$ 73,960.9
million by 2032.
Automotive Seating Systems Market Outlook : are projected
to grow at a robust CAGR of 3.10% between 2022 and
2032, totaling
around US$ 88,833.9 Million by the end
of 2032.
Automotive Seat Heater Market Forecast : is projected to
increase at a robust 6.5% CAGR by value between
2022 and 2028 reaching a value of about US$ 1,150.4 Mn by 2022 end.
Child Safety Seats Market Share : is valued at US$ 2760.8 Million. The market is anticipated to
reach nearly US$ 5559.7 Million by
2032, with a growing CAGR of 7.3% from 2022 to 2032.
Train Seat Market Size : s likely to hold a value
of US$ 1933 Million. With
a CAGR of 4.5%, the market is projected
at US$ 3001
Million during the forecast period from 2022 to
2032.
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