Global Car Seat And Accessories Market 2024 : SWOT Analysis Of Key Driving Factors For Growing CAGR Value | Magna International Inc., Faurecia SE, Lear Corporation, Lear Corporation, AutoZone Inc

"The new report published by The Business Research Company, titled ""Car Seat And Accessories Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the car seat and accessories market size has grown strongly in recent years. It will grow from $5.13 billion in 2023 to $5.41 billion in 2024 at a compound annual growth rate (CAGR) of 5.4%. The car seat and accessories market size is expected to see strong growth in the next few years. It will grow to $6.77 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%.

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Increasing Automotive Production Fuels Growth In The Car Seat And Accessories Market
The rising automotive production is expected to propel the growth of the car seat and accessories market going forward. The automotive industry refers to the economy sector that encompasses the design, development, manufacturing, marketing, and sale of motor vehicles, including cars, trucks, buses, motorcycles, and other types of vehicles. The rise in automotive production is due to technological advancements, market trends, government policies, and industry investments. The rising automotive production creates a demand for car seats and accessories to equip these vehicles. Consumers purchasing new vehicles often seek to customize and enhance the driving experience with upgraded seats and accessories. For instance, according to the European Automobile Manufacturers Association, a Belgium-based association, in 2022, 85.4 million motor vehicles were produced worldwide, an increase of 5.7% compared to 2021. Therefore, rising automotive sales are driving the growth of the car seat and accessories market.

Strategic Partnerships Transforming The Car Seat And Accessories Market
Major companies operating in the car seat and accessories market focus on strategic partnerships to develop innovative products and strengthen their positions in the market. A strategic partnership is a collaborative relationship between two or more entities, often businesses or organizations, that join forces to achieve mutual objectives or strategic goals. For instance, in December 2023, Hyundai Mobis, a South Korea-based automotive company, announced a partnership with True Assistive Technology, an India-based mobility equipment company, to provide accessible car seat solutions in India, specifically the TurnPlus swivel seat mechanism. This partnership aims to help people with disabilities and senior citizens who face mobility challenges. The TurnPlus product from True Assistive Technology is designed to enhance the quality of travel and life by making car travel easier for individuals with mobility issues. The mechanism can be installed in 80% of Indian cars in less than 5 hours without modifying the car's structure, ensuring easy removal and restoration of the original seat.

The car seat and accessories market covered in this report is segmented -

1) By Product Type: Car Seat, Car Accessories, Car Alarms And Security Systems, Car Floor Liners Or Floor Mat And Carpet, Car Knob Levers And Door Products, Car Sound System, Car Seatbelts, Other Product Types
2) By Vehicle Type: Passenger Cars, Commercial Vehicles
3) By Distribution Channel: Original Equipment Manufacturer (OEM), Aftermarket

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Major companies operating in the car seat and accessories market are Magna International Inc., Faurecia SE, Lear Corporation, Lear Corporation, AutoZone Inc., O'Reilly Automotive Inc., Adient Plc, Advance Auto Parts Inc., Graco Inc., Pep Boys Manny Moe & Jack of Delaware Inc, Halfords Group Plc, GRAMMER AG, Toyota Boshoku Corporation, Gentherm Incorporated, Lund International Holdings Inc., Covercraft Industries, WeatherTech, Cars.com , Thule Group, Omix-ADA, Baby Trend Inc., Jegs High Performance, Automotive Parts & Machine Inc., Futuris Automotive

Contents of the report:
1. Executive Summary
2. Car Seat And Accessories Market Report Structure
3. Car Seat And Accessories Market Trends And Strategies
4. Car Seat And Accessories Market - Macro Economic Scenario
5. Car Seat And Accessories Market Size And Growth
…..
27. Car Seat And Accessories Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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