Press release
Automotive Seats Market to Rake in Nearly US$ 74.19 Bn by 2025
Global Automotive Seats Market: Restraints
Lowering hide production to act as restraint in the Europe automotive seats market
Adoption of Low-cost and Inferior Substitutes
Soaring government regulations and rules are acting as hurdles for the manufacturers
Slowdown in the Global Automotive Production
Increasing use of public transport to cut down the transportation cost
Request Sample Report@ sample link https://www.persistencemarketresearch.com/samples/18649
Global Automotive Seats Market: Segmental Analysis and Forecast
The market is segmented into product type, vehicle type, cover material, by technology, and by sales channel. Product type segment include bench and bucket. Sales of Bucket segment Seats segment is estimated to be valued at US$ 35.46 Bn in 2017 and is slated to reach US$ 48. 82 Bn by 2025.
On the basis of vehicle type, the market is segmented into passenger cars, LCV (Light Commercial Vehicles) and HCV (Heavy Commercial Vehicles). The Passenger Car market segment is estimated to dominate the global automotive Seats market with a 75.1% market value share, valued at US$ 41. 57 Bn by 2017 end; expanding at a CAGR of 4.1% over the forecast period of 2017-2025. This segment is expected to create a total incremental opportunity of US$ 15.71 Bn between 2017 and 2025. The segment is anticipated to reach a market value of US$ 57.28 Bn by 2025 end, in the global automotive seats market.
Cover Material segment consists of genuine leather, synthetic leather and fabric material.
The Fabric Material segment by cover material is estimated to dominate the global automotive seats market with a 63.6% market value share, valued at US$ 35,205.1 Mn by 2017 end; expanding at a CAGR of 4.2% over the forecast period of 2017-2025. This segment is expected to create a total incremental opportunity of US$ 13.58 Bn between 2017 and 2025. The segment is anticipated to reach a market value of US$ 48.78 Bn by 2025 end, in the global automotive seats market.
Technology segment include standard, powered, heated and massage. By Technology, the powered segment is expected to be a relatively attractive segment in terms of market growth rate and market size with a market value share of 17.4% by the end of 2025.
By sales channel, the market is segmented into OEM (Original Equipment Manufacturer) and aftermarket. OEM segment is expected to create a total incremental opportunity of US$ 18,339.7 Mn between 2017 and 2025. Sales of OEM segment is estimated to be valued at US$ 71,360.6 Mn by 2025 end as compared to is US$ 53,020.9 Mn in 2017.
Request to View Tables of Content @ https://www.persistencemarketresearch.com/toc/18649
Global Automotive Seats Market: Forecast by Region
The report covers five regions namely, North America, Latin America, Europe, APAC and MEA. Sales of Automotive Seats in North America is estimated to be valued at US$ 9889.3 Mn by the end of 2017 and is expected to reach US$ 12.45 Bn by the end of 2025, registering a
CAGR of 2.9% in terms of value over the forecast period. On the other hand APAC market is estimated to dominate the global automotive seats market with a 49.5% market value share, valued at US$ 27.36 Bn by 2017 end; expanding at a CAGR of 4.1% over the forecast period of 2017-2025.
Global Automotive Seats Market: Competitive Landscape
Adient PLC, Faurecia SA, Lear Corporation, Toyota Boshoku Corporation, TS Tech Co., Ltd., Magna International Inc., Aisin Seiki Co., Ltd., Tachi-S Co., Ltd., NHK Spring Co., Ltd., Guelph Manufacturing Group, RECARO Holding GmbH, Gentherm, Camaco LLC, Amvian Automotive (Pvt.) Ltd., Brose Fahrzeugteile GmbH & Co. KG, Kahovec, s r.o., Daewon Kangup Co Ltd, Siemens AG, PHOENIX SEATING LIMITED, and Autostop Global are some of the key player in the global automotive seats market.
Buy Automotive Seats Market@ https://www.persistencemarketresearch.com/checkout/18649
About Us
Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.
PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.
Contact
Persistence Market Research Pvt. Ltd
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
media@persistencemarketresearch.com
Web:www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive Seats Market to Rake in Nearly US$ 74.19 Bn by 2025 here
News-ID: 810519 • Views: …
More Releases from Persistance Market Research
DNA/RNA Extraction Machine Market to Grow at 7.2% CAGR Through 2031, Says Persis …
The global DNA/RNA extraction machine market is poised for significant expansion, fueled by the rise of molecular diagnostics, the genomics boom, and increasing investments in biomedical research. These machines serve a critical role in isolating and purifying nucleic acids from various biological samples, forming the foundation for downstream applications like PCR, sequencing, and diagnostics.
In 2024, the DNA/RNA extraction machine market is estimated at US$1.4 billion, with forecasts projecting growth…
Quinoa Market Set to Hit US$2.3 Bn by 2031, Riding a Strong 9.8% CAGR
The global quinoa market is poised for remarkable growth in the coming years, with projections estimating a market value of US$2.3 billion by 2031, up from US$1.2 billion in 2024. Driven by increasing consumer demand for nutritious and organic food options, the market is expected to register a CAGR of 9.8% between 2024 and 2031, According to Persistence Market Research.
Request a sample report@ https://www.persistencemarketresearch.com/samples/34798
Key Market Drivers
One of the key drivers…
Evolving Trends in the Insulin Pens Market: A Comprehensive Report
Market Overview:
The Insulin Pens Market has witnessed remarkable growth and innovation over the years. Insulin pens are medical devices used by individuals with diabetes to administer insulin easily and accurately. These devices have become an integral part of diabetes management, offering numerous advantages over traditional insulin delivery methods, such as syringes and vials.
In 2022, the global market for insulin pens brought in US$ 16.2 billion in revenue and is predicted…
Smart Machines Market to register growth at a CAGR of 20.1% throughout 2023-2033
The market for smart machines was valued at US$ 73,456.2 Mn in 2022, and it is expected to grow to US$ 5,44,986.6 Mn by the end of 2033. In 2023, the market for smart machines is expected to be worth US$ 87,045.6 Mn. From 2023 to 2033, the market for Smart Machines is expected to grow at a CAGR of 20.1%.
The market for artificially intelligent machines and systems that can…
More Releases for Automotive
Automotive Grommet Market set for explosive growth: Cooper Standard Automotive, …
According to HTF MI, "Global Automotive Grommet Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030". The Global Automotive Grommet Market is anticipated to grow at a compound annual growth rate (CAGR) of 5.96% from 2024 to 2030, reaching USD 100 Billion in 2024 and USD 150 Billion by 2030.
Automotive grommets are protective rings or eyelets made from rubber or plastic, used to protect or cover holes in metal…
KSA Automotive Market | KSA Automotive Industry | KSA Automotive Industry Resear …
Saudi Arabia’s automotive market faced a decline in new car sales due to tripling of value-added tax (VAT) rates. Effective in July 1, 2020, Saudi Arabia hiked its VAT from 5% to 15%.
Vision 2030 trying to attract foreign investment to kick start Dammam manufacturing city to aid re-exports & fulfill domestic demand
Surge in Domestic Manufacturing to gain independence of Imports: With Vision 2030, KSA is trying to gain impendence of…
Automotive Fuel Injectors Market: Growing Automotive Sales Fueling Automotive Fu …
Automotive fuel injectors market is likely to grow at a steady pace in the long run, according to a new report by Fact.MR. The demand for automotive fuel injectors continues to remain influenced with a multitude of industry-specific and macroeconomic factors. Significant growth in the automotive sector, coupled with increasing vehicle fleet remain instrumental in driving the demand for automotive fuel injectors worldwide. Fact.MR estimates that the sales of automotive fuel injectors are expected…
Global Automotive Safety Market 2019 Worldwide Outlook By Autoliv, Delphi Automo …
Automotive safety systems are designed to comply with the standards and regulations prescribed by government agencies and transport authorities worldwide. Passive safety systems are designed to protect passengers, drivers, and pedestrians during an accident.
In terms of region, the global Automotive Passive Safety Systems market can be segmented into North America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is likely to hold a prominent share of the global…
Global Oil Pump for Automotive Market 2018 Analysis -Bosch,Denso,Aisin Seiki,Del …
According to this study, over the next five years the Oil Pump for Automotive market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2023, from US$ xx million in 2017. In particular, this report presents the global market share (sales and revenue) of key companies in Oil Pump for Automotive business.
Get Sample Copy of this Report for more Information…
Global Automotive Body Welded Assembly Market 2018 - Daesan, Baylis Automotive, …
Accord Market, recently published a detailed market research study focused on the “Automotive Body Welded Assembly Market” across the global, regional and country level. The report provides 360° analysis of “Automotive Body Welded Assembly Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of…
