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Automotive Ventilated Seats Market to grow at a CAGR of 6.77% during the period 2017-2021

02-23-2017 04:35 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: MRC Tech

Market Research analysts forecast the global automotive ventilated seats market to grow at a CAGR of 6.77% during the period 2017-2021.

According to the report, the development of energy-efficient climate control seat by Gentherm will be beneficial for entry-level cars in the mid-segment vehicles, as it will allow the vehicles to maintain the mile range without sacrificing comfort. For instance, these seats eliminate the requirement of air conditioners in the car, which reduces the energy consumption significantly. We expect that this development will benefit the low-cost electric car segment in a big way and will allow the ventilated seat system market to expand its application during the forecast period. The development of electric buses opened a new avenue for ventilated seat system as they form an ideal unit for the electric buses owing to their long-distance traveling. From the last few years, the government funding has helped drive the adoption of environment-friendly buses like hybrid buses or electric buses across the world.

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Further, the report states that automotive seats form an integral part of the vehicle and are least likely to experience problems such as frame breakage or others, in compared with other components of the vehicle like displays or vehicle exteriors. Automotive seats are usually more reliable and durable in terms of product life cycle. Studies show that the seats contribute nearly 7% of the problems associated with vehicles, while other vehicle systems and components show a much higher percentage of problems and functionality issues. Despite this, automotive seats show the lowest level of customer satisfaction when compared with the other comfort- and convenience-enhancing systems. It was observed that the addition of extra features like ventilated and heated seat increase the customer satisfaction. However, the malfunctioning of such advanced seat systems, along with their lower efficiency, affect the customer satisfaction.

About Automotive Ventilated Seat Market

A ventilated seat is an advanced seat system that has an inbuilt ventilation feature, wherein the air circulates throughout the seat to increase the comfort of the drive by removing the moisture, thereby reducing driver fatigue. The ventilated seats provide utmost comfort and convenience, especially in long journeys and warm weather conditions. Such seat systems are a common feature in the premium and luxury segment vehicles, but in the recent past, the automakers have started offering such systems even in the entry level and mid-segment vehicles.

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Covered in this report

The report covers the present scenario and the growth prospects of the global automotive ventilated seats market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of automotive ventilated seats.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Global Automotive Ventilated Seat Market Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
ebm-papst
Faurecia
Gentherm
TOYOTA BOSHOKU
TS TECH

Other prominent vendors
DURA Automotive Systems
Lear Corporation
Magna International

Market driver
Increasing demand for comfort and convenience features in the global automotive industry
For a full, detailed list, view our report

Market challenge
Inefficiencies at the OEM level represent high market potential for the aftermarket players
For a full, detailed list, view our report

Market trend
Integration of axial, radial, and diagonal fans for maximum volume flow and minimum noise
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

..…..Continued

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