Global Automotive Modular Seating Market to 11.34 % CAGR to 2021 – Analysis of Adient, Faurecia, Lear Corporation, and Continental

MarketResearchNest.com adds “Global Automotive Modular Seating Market 2017-2021” new reports to its research database. The report spread across 72 pages with tables and figures in it.

The research analysts forecast the global automotive modular seating market to grow at a CAGR of 11.34% during the period 2017-2021.

The automotive seating market is increasingly experiencing innovations with new technologies coming to the front. Safety and comfort have become the main priorities for vehicle manufacturers. Advancements in biomechanics have led to new possibilities for seat functions, such as automotive modular seating- abetted by advanced electronics features.
OEMs' focus on developing autonomous driving is a key driver leading to innovations in the automotive seating market. This is because vehicle manufacturers believe that autonomous driving will lead to more advanced interiors as consumers have to spend more time on non-driving activities, such as using infotainment system and smart phones. Thus, vehicle manufacturers are focusing on reconfiguring the interior to allow passengers more freedom and luxury in autonomous vehicles.

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Technavio recognizes the following companies as the key players in the global automotive modular seating market: Adient, Faurecia, Lear Corporation, and Continental

Other Prominent Vendors in the market are: Brose Fahrzeugteile, F.S. Fehrer Automotive, Fisher & Company, GRAMMER, Magna International, and TOYOTA BOSHOKU.

The latest trend gaining momentum in the market is Development of holistic HMI seats. Rising luxury features have increased the comfort level of the customers, and consumers are demanding better features in terms of safety and comfort. As a result, the seat manufacturers are innovating new technologies in the automotive seating system market.

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According to the report, one of the major drivers for this market is Lightweighting of vehicles. The topmost priority of the OEMs is to reduce the overall weight of the vehicle as it will help in enhancing the fuel benefits. Equipping the vehicle with modular seating reduces the weight of the vehicle by 1%-2%. On an average, the automotive seating system constitutes nearly 6% of the total vehicle's weight.

Further, the report states that one of the major factors hindering the growth of this market is Difficulties in assembling the modular seats. The methods for assembling the seats in modular seating are different for different vehicles. For instance, the process of seat assembling will be different in sedan or SUV as the size of the seat assembly varies depending on different body styles. Different vehicles have different body frames and designs, and the seat assembly needs to be dimensioned to be able to fit within a particular vehicle. As a result, it is difficult for modular seat manufacturers to manufacture different seat assembling for different vehicle frames and designs. It leads to shelling out more money, and thus, seat assembling is deemed to be an expensive affair for the modular seat manufacturers.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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