Global auto ventilated seats market is expected to witness remarkable growth over the forecast period and top key players are Adient plc,Lear Corporation,TOYOTA BOSHOKU CORPORATION,TS TECH CO.,LTD.,Hyundai DYMOS

Auto ventilated seats in vehicles are meant to offer comfort and healthy experience to the occupant. Auto ventilated seats contains small seat ventilation fans which directs air through the seat unto the occupant. Many auto manufacturers are offering seat ventilation system with their cars to meet the consumer’s comfort expectations.

Market Size and Forecast

Global auto ventilated seats market is expected to witness remarkable growth over the forecast period. The market is expected to thrive on the back of growing automotive industry across the globe. Increasing sales of luxury vehicles and increased affordability of consumers to spend on vehicles are likely to be the key drivers behind the growth of market during the forecast period.

In terms of regions, the global auto ventilated seats market is segmented into North America, Latin America, Europe, Asia Pacific and Middle East & Africa regions. Among these regions, Asia Pacific auto ventilated seats market is expected to grow at maximum CAGR in global auto ventilated seats market by the end of forecast period. The market of auto ventilated seats system in Asia Pacific region is thriving on the back of growing automotive industry in Asian countries such as China, Japan and India. Increasing number of SUVs and sedans on road is likely to augment the growth of global auto ventilated seats system market over the forecast period. Additionally, India, China and Japan are some of the major vehicle producer countries and are expected to contribute significantly in the growth of Asia Pacific auto ventilated seats market during the projected period in Asia Pacific region.

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Apart from Asia Pacific, North America region grabbed lion shares in auto-ventilated seats market and is accepted to witness robust growth over the forecast period. Increasing sales of luxury vehicles in U.S. and high spending by consumers on vehicle service and up gradation are expected to enhance the demand for auto ventilated seats market in this region. Apart from this, North America is the leading consumer of luxury cars and Countries such as U.S. are likely to contribute significantly in the growth of auto ventilated seats market in North America region during the forecast period.

Further, luxury vehicle segment by vehicle type grabbed major shares of market in previous years and is expected to continue this positive growth over the forecast period. A vehicle’s interior parts account for major shares of vehicle’s total cost, whereas seats account for 4-5% of vehicle’s total cost. But in case of luxury cars it could increase to 5-7% vehicle’s total cost. Manufacturers of luxury cars are focusing to increase the comfort level of their cars and this factor is expected to positively impact the growth of this segment in auto ventilated seats market over the forecasted period.

Market Segmentation

Our in-depth analysis has segmented global auto ventilated seats market into the following segments:

By Vehicle Type

Luxury Cars
Mid-Range Cars
Economy Cars
By Sales Channel

OEM
Aftermarket
By Region

Global auto ventilated seats market is further classified on the basis of region as follows:

North America (United States, Canada), Market size, Y-O-Y growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis

Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis.
Growth Drivers & Challenges

The increasing sales of vehicles are the major factor which is responsible for the growth of auto ventilated seats market across all regions. In addition to this, the global automotive industry is driven by a number of factors such as rinsing consumer’s affordability, growing income of consumers and availability of easy financing options to buy a vehicle. Further, this growth in automotive industry is fuelling the growth of auto ventilated seats market.

According to OICA, 94.7 million motor vehicle productions were held to be in 2016. Moreover, this represented a Y-o-Y growth of 5.0% as compared to 2015. Additionally, automotive production is anticipated to increase on the account of rising demand. This factor signals promising growth of the auto ventilated seats market in upcoming years.

Manufacturers are installing every possible technology that can increase the vehicles comfort standards. Until now, ventilated seats are majorly found in premium vehicle but the manufactures are looking forward to offer this tech in mid-range and economy cars also. Further, growing installation of ventilated seats in affordable cars is expected to drive the growth of auto ventilated seats market at considerable pace in upcoming years.

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Further, global automotive industry is booming on the account of urbanization and rising disposable income. For instance, total global production of cars in 2016 reached 72,105,435 as compared to 68,539,516 in 2015. Automakers such as Chevrolet, Ford, Nissan and Audi are installing this technology into their cars.

Growing aftermarket sales of auto ventilated seats is also strengthening the growth of market across all regions.

Although auto ventilated seats offers great experience to the occupants, it costs more to the car manufactures as compared to the ordinary seats. Also availability of other alternative auto seats can hamper the growth of auto ventilated seats market in upcoming years.

Key Players

Faurecia
Company Overview
Business Strategy
Key Product Offerings
Financial Performance
Key Performance Indicators
Risk Analysis
Recent Development
Regional Presence
SWOT Analysis
Adient plc
Lear Corporation
TOYOTA BOSHOKU CORPORATION
TS TECH CO.,LTD.
Hyundai DYMOS
Others Notable Players
Scope and Context

Overview of the Parent Market

Analyst View

Segmentation

The global auto ventilated seats market is segmented as follows:

By Vehicle Type Market Size & Y-O-Y Growth Analysis
By Sales Channel Type Market Size & Y-O-Y Growth Analysis
By Region Market Size & Y-O-Y Growth Analysis
Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment

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