The global demand for auto-ventilated seats market is predicted to expand at a CAGR of 6.2% during the period of study by Future Market Insights. The global auto-ventilated seats market is expected to rise from $7.97 billion in 2022 to $14.54 billion in 2032.
More and more seats for electric and hybrid vehicles are being fashioned of lightweight or composite materials. Due to the creation of cutting-edge seating systems for upcoming automobiles, the global market for auto ventilated seats is anticipated to grow. The rising demand for opulent and comfortable seating, rising sales of passenger cars, and rising per capita income because of increased urbanisation are all expected to contribute to an increase in the market for auto ventilated seats throughout the projected period.
The auto ventilated seats market is further fueled by recent advancements and the active involvement of significant industry players. Ford, for instance, received a patent for moisture-sensing seats in August 2021. These seats employ liquid-permeable seat covers to detect moisture in the seat and change the climate control as necessary.
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Although China is currently the largest vehicle market in the world, due to a slowing of its growth, North America is now the top market for auto ventilated seats. However, due to an increasing demand for cars and rising affluence, the Asia Pacific area is home to the auto ventilated seat industry that is expanding at the highest rate.
However, the market for auto ventilated seats is becoming a little uneasy due to the high cost of modern auto seats. Manufacturers seek to strike a balance between cheap production costs and benefits that customers perceive. A increasing market for comfortable and opulent seating, rising passenger car sales, and greater per capita income due to urbanisation all anticipate that demand for auto ventilated seats will increase over the course of the next few years. The market for auto ventilated seats is growing thanks to new developments and the efforts of major industry players.
However, the market for auto ventilated seats may become stagnant if consumers aren’t interested in purchasing them. The market for auto ventilated seats in automobiles is projected to grow as urbanisation and technological improvements proceed.
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Key Takeaways
- The auto ventilated seats market is anticipated to be driven by factors such as the increasing demand for comfortable and luxurious seating, the growing prevalence of ventilated seating in both mid-segment and entry-level vehicles, the rapid growth of the passenger vehicle industry, and the rising average income per person.
- The demand for auto ventilated car seats is predicted to grow slowly due to the high prices of the modern seats needed to compete in this industry.
- The global auto ventilated seats market is predicted to grow thanks to technological advancements, increasing urbanization, affordable financing alternatives, and seat innovations.
- Adient plc., Lear Corporation, Faurecia, Toyota Boshoku Corporation, and Magna International Inc. lead the auto ventilated seats industry. These companies are using new product development, partnerships, and joint ventures to innovate their offers and expand their consumer base.
Competitive Landscape
The global auto ventilated seats market is varied and fiercely competitive because of numerous international and regional competitors. The global auto ventilated seats market is becoming increasingly competitive due to improvements in fuel efficiency and a trend toward downsizing vehicles.
Auto-ventilated seat sales are dominated by a small number of extremely large corporations such as Lear Corporation, Adient PLC, Faurecia, Toyota Boshoku Corporation, Magna International, etc. Major companies primarily make revenue through technical and financial partnerships for technological development, as well as through collaborations with automobile manufacturers and OEMs.
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Auto Ventilated Seats Market by Category
Vehicle Type:
- Economy Cars
- Mid-size Cars
- Luxury Cars
End User:
- OEMs
- Aftermarket
Fan Type:
- Axial Fan
- Radial Fan
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- MEA
Latest Developments
- Faurecia’s Hanover Marienwerder Technology & Customer Center officially inaugurated that March. All German Faurecia Holding services, as well as the former Faurecia Seating R&D in Stadthagen and Faurecia Interiors R&D in Peine, have moved to a new building in Hanover’s Science Area 30X. (Faurecia Automotive GmbH). There are more than 850 people working here full time.
- Seats and door trims of the revised LEXUS LX, released by Toyota Motor Corporation in January 2022, are ventilated owing to innovations developed by Toyota Boshoku Corporation in March 2022.
- In October of 2021, Lear Corporation announced that it had entered a binding deal to purchase the complete Interior Comfort Systems (ICS) business sector from Kongsberg Automotive. Kongsberg Automotive’s ICS business has been at the forefront of the movement to include more advanced comfort features including massage, lumbar, heated, and ventilated seating.
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