Press release
Automotive Pneumatic Seat System Market Size 2021 Global Opportunities, Trends, Share, Regional Overview, Global Growth, And Country Forecast to 2027 -Continental AG, Robert Bosch GmbH, Tangtring Seating Technology Inc., Toyota Motor Corporation
The Automotive Pneumatic Seat System Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.The Global Automotive Pneumatic Seat System Market Size is Projected to Reach at a CAGR of 3% during 2021-2026.
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Market Overview:
Rise in passenger demand for luxury & comfort in automobiles is driving the automotive comfort seat system market. Seat comfort systems depend on the season and personal preferences, therefore the heightened comfort features are driving the comfort seat system market.
Shifting consumer preference from sedans to SUVs and increasing disposable incomes of consumers have been propelling the demand for luxury cars around the world. Especially major economies such as U.S, those in Europe, and China witnessed a surge in the demand for luxury automotive vehicles. Consequently, this trend is boosting the seat comfort systems market.
Top Leading Companies:
Continental AG, Robert Bosch GmbH, Tangtring Seating Technology Inc., Toyota Motor Corporation, Faurecia SE, Gentherm Inc., II-VI Incorporated, Konsberg Automotive, Lear Corporation, Alfmeier Pr�zision SE, Aircare Systems (Seating Direct International)
Recent Development:
Continental has acquired 19 companies, including 9 in the last 5 years. A total of 1 acquisition came from private equity firms. Continental’s largest acquisition to date was in 2014 when it acquired Veyance Technologies for $1.9B. Continental has acquired in 5 different US states, and 8 countries. The Company’s most targeted sectors include automotive (58%) and software (16%). Continental will expand its global industrial business via a significant acquisition: The international automotive supplier, tire manufacturer and industrial partner headquartered in Hanover, Germany. Continental was founded in 1871 and is based in Hanover, Germany.
Robert Bosch has acquired 19 companies, including 3 in the last 5 years. A total of 5 acquisitions came from private equity firms. It has also divested 7 assets. Robert Bosch’s largest acquisition to date was in 2012 when it acquired Service Solutions Segment SPX for $1.2B. Its largest disclosed sale occurred in 2014 when it sold L.R. Nelson to Fiskars for $26M. Robert Bosch has acquired in 7 different US states, and 5 countries. The Company’s most targeted sectors include machinery (22%) and automotive (11%).
Automotive Pneumatic Seat System Market Segmentation by Type:
Fabric
Synthetic Leather
Genuine Leather
Automotive Pneumatic Seat System Market Segmentation by Application:
Passenger Vehicle
Light Commercial Vehicle
Heavy Commercial Vehicles
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Asia-Pacific to Dominate the Market
Geographically, Asia-Pacific is leading the global Automotive Pneumatic Actuator Market followed by North America and Europe. The Asia-Pacific region is majorly driven by countries like China, India, and Japan. In China, commercial vehicle sales increased from 4.16 million units in 2017 to 4.37 million units in 2018. This increase can be attributed to diesel vehicles meeting the China 5 emission standards from January 2018, along with the rising demand for commercial vehicles. The increase in demand for commercial vehicles can be attributed to an increase in construction and industrial activity, road freight movement. Some of the key players in the supply of automotive actuators globally are Denso International, Hella Automotive, Robert Bosch, Mitsuba Corporation. The most prominent actuator application in the region is wiper motors, power window motors, door actuators, seat motors, and brake actuators. Rear door actuators and body actuators are the other types of actuators most commonly used in a passenger vehicle in the region.
Regional Automotive Pneumatic Seat System Market (Regional Output, Demand & Forecast by Countries)
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.
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Highlights of the Automotive Pneumatic Seat System Market Report:
Detailed overview of Automotive Pneumatic Seat System Market
Changing the Automotive Pneumatic Seat System market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Automotive Pneumatic Seat System market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Automotive Pneumatic Seat System Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.
The research includes historic data from 2016 to 2021 and forecasts until 2026 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Finally, the Automotive Pneumatic Seat System Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Automotive Pneumatic Seat System industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
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