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Automotive Seat Market 2023 Driving Factors Forecast Research 2029

10-17-2023 08:45 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: orion market research

Automotive Seat Market

Automotive Seat Market

Automotive seat market is anticipated to grow at a considerable CAGR of 4.0% during the forecast period. The growing automobile industry across the globe has created demand for automotive seat which has resulted in the growth of the global automotive seat market. For instance, in January 2023, Babyark launched the babyark convertible car seat at the 2023 Consumer Electronics Show (CES). The car seat introduces a holistic approach to safety, focusing on the materials it is made of which include composites and the technology that has been added to it. The seat is introducing a new standard of safety for children. Such launches are further contributing to the market growth.

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The considerable rise in the demand for utility vehicles in highly populated countries such as China, India, and Brazil has driven the demand for passenger cars. Comfortable seat is a key attribute in passenger cars; therefore, rising passenger car production is anticipated to drive the growth of this market. Several global OEMs are investing in this market either through joint ventures with established players or after FDI norms have been invested directly in setting up their production unit or enhancing their sales and dealership networks across the globe. Moreover, high demand for e-class, crossovers, SUVs, and hatchbacks is driving the passenger vehicle segment, which, in turn, is likely to boost the automotive seat market. The rise in preferences for private transport and purchasing power of consumers is driving the passenger vehicle segment of the market which in turn driving the global automotive seat market.

full report of Automotive Seat Market available @ https://www.omrglobal.com/industry-reports/automotive-seat-market

• Market Coverage
• Market number available for - 2023-2029
• Base year- 2022
• Forecast period- 2023-2029
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Market Segmentation
Global Automotive Seat Market by Material Type
o Synthetic Leather
o Genuine Leather
o Fabric

Global Automotive Seat Market by Technology
o Standard Seats
o Powered Seats
o Other Seats

Global Automotive Seat Market by Sales
o OEM
o Aftermarket

Regional Analysis
o North America
o United States
o Canada
o Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe
o Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
o Rest of the World

Company Profiles
o American Mfg Co. (Rudson)
o Amsoil Inc.
o Castrol Ltd.
o Chevron Corp.
o China National BlueStar (Group) Co. Ltd.
o Cummins Filtration, Motul S.A.
o Exxon Mobil Corp.
o Indian Oil Corp. Ltd
o JXTG Holdings Inc.
o Prestone Materials Corp.
o Royal Dutch Shell PLC
o Shandong Yuean Chemical Industry Co. Ltd.
o Sinopec Corp.
o Total S.A.
o Valvoline International Inc.
o Voltronic GmbH

The Report Covers
• Market value data analysis of 2022 and forecast to 2030.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global automotive seat market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/automotive-seat-market

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

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