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Automotive Seats Market Annual Sales, Size, Major Strategies, Key Companies, Revenue Share Analysis, 2023 -2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Automotive Seats Market Size, Growth Rate, And Forecast
The global automotive seats market size grew from $66.54 billion in 2022 to $71.72 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The automotive seats market size is expected to grow to $95.61 billion in 2027 at a CAGR of 7.5%.
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Automotive Seats Market Drivers
The growing popularity of autonomous vehicles is expected to propel the growth of the automotive seat market going forward. An autonomous vehicle is a motor vehicle that can operate without the assistance of a human driver. The increasing popularity of autonomous vehicles is expected to boost demand for the automotive seat, as the design and functioning of seats play a crucial role in autonomous vehicles.
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https://www.thebusinessresearchcompany.com/report/automotive-seats-global-market-report
Automotive Seats Market Segments
1) By Seat Type: Bucket Seat, Split Bench
2) By Vehcile Type: Passanger Car, Light Commercial Vehicles, Heavy Trucks, Bus
3) By Trim Material: Fabric, Synthetic Leather, Genuine Leather
● By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the automotive seats market.
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Automotive Seats Market Key Players
Major competitors in the automotive seats market include Adient plc, Lear Corporation, Faurecia, Toyota Boshoku Corporation, Magna International Inc., Aisin Seiki Co Ltd., NHK SPRING Co Ltd.
The Business Research Company's "Global Automotive Seats Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Automotive Seats Market Include:
1. Executive Summary
2. Automotive Seats Market Characteristics
3. Automotive Seats Market Trends And Strategies
4. Automotive Seats Market - Macro Economic Scenario
5. Automotive Seats Market Size And Growth
…..
26. Africa Automotive Seats Market
27. Automotive Seats Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automotive Seats Market
29. Automotive Seats Market Future Outlook and Potential Analysis
30. Appendix
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