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(Transportation-News.com, October 19, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of global Automotive Seat market for 2018-2023.
Automotive seat is the seat used in the automobile. Automotive seat has the function of keep drivers and passengers comfort and safe. Automotive Seat comprise of seat frame, headrest, seat lift, slide rail and so on. Automotive seat in the report doesn’t contain children safety seat.
Due to developing of automotive market, demand of Automotive Seat is growing higher. In recent years, Europe and USA are still the main market of Automotive Seat. However, developing countries are becoming the emerging market of Automotive Seat, such as China, India and Brazil etc. Viewed from the supply side, there are many manufacturers in the Automotive Seat industry, while from the demand side; the current demand for Automotive Seat is growing.
At present, there are a few manufacturers in the world. A few leading companies occupy most of market share. The leading five companies are Johnson Controls, Lear, Faurecia, Toyota Boshoku and Magna, and they occupy over 70% of the market together during last five years.
To grab more market, the little companies have to expand the technology, capital investment and brand influence. To meet the challenge of the little companies and keep their leading stage, leading companies need to increase the technology innovation and speed up the product upgrading. Due to the stable automotive OEM market, Automotive Seat market will still be a market leading by a few companies in future.
In order to feed the changing technical requirements, Automotive Seat manufacturers need to pay attention to the technical innovation. In future, high performance and new material will be the technology trends of Automotive Seat.
Over the next five years, this report projects that Automotive Seat will register a 3.5% CAGR in terms of revenue, reach US$ 81300 million by 2023, from US$ 66200 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Seat market by product type, application, key manufacturers and key regions.
To calculate the market size, this report considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Fabric Seat
Genuine Leather Seat
Other
Segmentation by application:
Passenger Vehicle
Commercial Vehicle
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Johnson Controls
Lear
Faurecia
Toyota Boshoku
Magna
TS TECH
NHK Spring
Tachi-S
Hyundai Dymos
Sitech
CVG
Beijing GoldRare
Isringhausen
Wuhu Ruitai
Jiangsu Yuhua
GSK Group
Grammer
Zhejiang Jujin
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Automotive Seat consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Automotive Seat market by identifying its various subsegments.
Focuses on the key global Automotive Seat manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Automotive Seat with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Automotive Seat submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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