Press release
Automotive Seats Market APAC to Outpace the Other Regions in Terms of Market Share Through 2025 Leading Key Players are Lear Corporation,TS Tech Co,Magna International,Aisin Seiki Co.,Guelph Manufacturing Group,Futuris,Siemens AG,PHOENIX SEATING
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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Global Automotive Seats Market: Segmental Analysis and Forecast
The market is segmented into product type, vehicle type, cover material, by technology, and by sales channel. Product type segment include bench and bucket. Sales of Bucket segment Seats segment is estimated to be valued at US$ 35.46 Bn in 2017 and is slated to reach US$ 48. 82 Bn by 2025. On the basis of vehicle type, the market is segmented into passenger cars, LCV (Light Commercial Vehicles) and HCV (Heavy Commercial Vehicles). The Passenger Car market segment is estimated to dominate the global automotive Seats market with a 75.1% market value share, valued at US$ 41. 57 Bn by 2017 end; expanding at a CAGR of 4.1% over the forecast period of 2017-2025. This segment is expected to create a total incremental opportunity of US$ 15.71 Bn between 2017 and 2025. The segment is anticipated to reach a market value of US$ 57.28 Bn by 2025 end, in the global automotive seats market.
Cover Material segment consists of genuine leather, synthetic leather and fabric material.
The Fabric Material segment by cover material is estimated to dominate the global automotive seats market with a 63.6% market value share, valued at US$ 35,205.1 Mn by 2017 end; expanding at a CAGR of 4.2% over the forecast period of 2017-2025. This segment is expected to create a total incremental opportunity of US$ 13.58 Bn between 2017 and 2025. The segment is anticipated to reach a market value of US$ 48.78 Bn by 2025 end, in the global automotive seats market. Technology segment include standard, powered, heated and massage. By Technology, the powered segment is expected to be a relatively attractive segment in terms of market growth rate and market size with a market value share of 17.4% by the end of 2025.By sales channel, the market is segmented into OEM (Original Equipment Manufacturer) and aftermarket. OEM segment is expected to create a total incremental opportunity of US$ 18,339.7 Mn between 2017 and 2025. Sales of OEM segment is estimated to be valued at US$ 71,360.6 Mn by 2025 end as compared to is US$ 53,020.9 Mn in 2017.
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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 by2017 end, 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.
Table Of Content:
1. Executive Summary
1.1. Market Overview
1.2. Market Analysis
1.3. Market Dynamics
1.4. PMR Analysis and Recommendations
1.5. Wheel of Fortune
2. Market Introduction
2.1. Global Automotive Seats; Key Regulation
2.2. Market Taxonomy
3. Market Viewpoint
3.1. Macro-Economic Factors
3.2. Opportunity Analysis
4. Global Automotive Seats Market Analysis 2012–2016 and Forecast 2017–2025
4.1. Introduction
4.1.1. Market Volume Projections
4.1.2. Market Size and Y-o-Y Growth
4.1.3. Absolute $ Opportunity
4.2. Global Automotive Seats Market Value Chain Analysis
4.3. Global Automotive Seats Market Pricing Analysis Chain Analysis
5. Forecast Factors: Relevance and Impact
6. Global Automotive Seats Market Analysis 2012–2016 and Forecast 2017–2025, By Product Type
6.1. Introduction
6.2. Historical Market Size (US$ Mn) and Volume Analysis By Product Type, 2012 - 2016
6.3. Current Market Size (US$ Mn) and Volume Forecast By Product Type, 2017 - 2025
6.3.1. Bucket
6.3.2. Bench
6.4. Market Attractiveness Analysis By Product Type
7. Global Automotive Seats Market Analysis 2012–2016 and Forecast 2017–2025,By Vehicle Type
7.1. Introduction
7.2. Historical Market Size (US$ Mn) and Volume Analysis By Vehicle Type, 2012 - 2016
7.3. Current Market Size (US$ Mn) and Volume Forecast By Vehicle Type, 2017 - 2025
7.3.1. Passenger Car
7.3.2. LCV
7.3.3. HCV
7.4. Market Attractiveness Analysis By Vehicle Type
8. Global Automotive Seats Market Analysis 2012–2016 and Forecast 2017–2025, By Cover Material
8.1. Introduction
8.2. Historical Market Size (US$ Mn) and Volume Analysis By Cover Material, 2012 - 2016
8.3. Current Market Size (US$ Mn) and Volume Forecast By Cover Material, 2017 - 2025
8.3.1. Genuine Leather
8.3.2. Synthetic Leather
8.3.3. Fabric Material
8.4. Market Attractiveness Analysis By Cover Material
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Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
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