30 Nov -0001
Rockville, Md. The global market for automotive seats, worth US$ 31.5 Bn in 2017, is expected to move past US$ 40 Bn by the end of 2022 on steady growth, according to Fact.MR. Seating has become a design and safety priority rather than an afterthought, with better-built seats seen as a way to reduce injuries in a crash and improve everyday comfort for drivers and passengers alike.
Bench and split-bench seats account for the lion's share of demand, hatchbacks and sedans generate most of the revenue, and Asia Pacific excluding Japan leads by region. Material choices are shifting too, with synthetic leather now firmly ahead of the genuine article.
Bench and split-bench seats dominate, holding 80.1% of revenue in 2017, while hatchbacks and sedans together account for more than half of the market through 2022. On materials, synthetic leather has largely replaced genuine leather, which now makes up only about 10% of value, and synthetic options are set to bring in over US$ 26 Bn by the end of the forecast period. Standard-technology seats still lead with more than a two-thirds share, though powered seats are expected to gain ground as the period closes.
Asia Pacific excluding Japan registers the bulk of sales and grows steadily. North America reaches US$ 7.1 Bn in 2017, while Japan sits at the low end, held back by strict production rules and limits on disposing of industrial material that constrain the use of advanced seating materials.
Growth comes with complications. Swings in commodity prices are making raw materials and fabric harder to plan around, and the move toward modular seat designs and new production methods may force some manufacturers to rebuild their factories. Those that adapt stand to benefit as comfort and safety expectations keep rising.
The field is led by established seating specialists and tier-one suppliers.
For suppliers, comfort features, synthetic materials and powered options are the clearest routes to growth. Investors get a sizeable market with dependable demand tied to vehicle production. Procurement teams can plan around bench seats leading volume, synthetic leather as the default material, and Asia Pacific carrying the largest opportunity through 2022.
Fact.MR's study covers the global automotive seats market for the 2017 to 2022 forecast period, with segmentation by product, material, technology, vehicle type and region. It sizes each segment, maps the competitive field, and weighs the cost and design forces shaping demand. Further detail is available in the automotive seating market report.
Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. The firm is known for its syndicated research, custom research and consulting solutions, helping clients make decisions on demand, competition, investment, procurement and future growth.
Automotive Seat Market
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Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. We are known for our syndicated research, custom research, and consulting solutions.