Press release
Global Automotive Seats Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028
Automotive seat is an important part of a vehicle as it provides comfort to the person who is driving. As they include numerous interior components and different types of fabric materials, these seats can provide a fashionable appearance. The fact that automotive seats are made to support the thighs, buttocks, lower and upper back, and head support makes them one of the most important automotive parts. They are often built of steel, aluminum, or a combination of both.
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North America is projected to have the highest CAGR over the forecast period, owing to its constant technological advancements. Because of its large capacity for producing commercial and passenger cars, demand for installing seats with cutting-edge technology is flourishing. Hybrid and electric automobiles are greatly increasing in popularity in this region. Increasing vehicle production and new trends in automotive seating systems, along with government funds for R&D, will help economies grow even more in the region.
Some of the key players profiled in the Automotive Seats Market include Toyota Boshoku Corporation, Grupo Antolin, Adient PLC, TS Tec Corporation Ltd, Lear Corporation, Recaro Holding, Faurecia SE, Aisin Corporation, NHK SPRING Co. Ltd, Fisher and Company, Magna International Inc., TM Automotive Seating Systems Private Limited, Johnson Controls, Tata Autocomp Systems Limited, Marter Automotive Seating Systems, Grammar Seating Systems, Guelph Manufacturing Group, Uno Minda Limited, Tachi-S Co. Limited and Futuris Group.
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Key Developments:
In December 2022, Faurecia SE announced that it has signed a development agreement with Indorama Ventures, a leader in the production and recycling of PET (polyethylene terephthalate), to create a new line of cushioning solutions called "Auraloop" for the mobility market that is constructed from a structure of 100% recyclable polyester-based fibers.
In November 2022, Lear Corporation made the strategic announcement of acquiring InTouch Automation, a supplier of complex automated testing equipment and Industry 4.0 technologies that are essential to the production of automotive seats. Lear's just-in-time (JIT) seating production process is enhanced by the InTouch product portfolio's standardization of testing procedures and increased capacity for real-time data collection and analysis.
In October, 2022, NHK Spring Co. Ltd concentrated on creating automobile seats that reduce motion sickness. In order to lessen motion sickness in vehicles, the business has created a headrest with an innovative structure and hand support for using a smartphone.
In October, 2022, Magna announced a joint venture with Guangdong Huatie Tongda High-Speed Railway Equipment Corporation in Qingdao, Shandong, to provide seating system solutions for designated clients' New Energy Vehicles.
In January 2022, Toyota Boshaku Corporation developed seats and interior components featured in the new LEXUS NX. The seats have features including an electric retraction mechanism and improved cushioning by distributing body pressure across the buttocks area.
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
For more information about this report visit https://www.strategymrc.com/report/automotive-seats
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Stratistics MRC offer a wide spectrum of research and consulting services with in-depth knowledge of different industries. Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, Market experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.
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