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.
Lightweight or composite materials are being used to make an increasing number of seats for electric and hybrid automobiles. The development of cutting-edge seating systems for forthcoming cars is expected to boost demand for auto ventilated seats on a global scale. Throughout the anticipated period, it is anticipated that there will be growth in the market for auto ventilated seats due to factors including rising consumer desire for luxurious and comfortable sitting, increasing passenger car sales, and rising per capita income due to increased urbanisation.
Recent innovations and the active participation of important industry players are fueling the market for auto ventilated seats even more. For instance, Ford was granted a patent in August 2021 for seats that can detect wetness. Liquid-permeable seat covers are used on these chairs to identify moisture in the seat and adjust
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North America is now the greatest market for auto ventilated seats, despite China still having the largest global automobile market due to a slowdown in its expansion. However, the Asia Pacific region is home to the auto ventilated seat market that is expanding at the fastest rate due to a growing demand for automobiles and rising wealth.
The exorbitant price of contemporary vehicle seats, however, is beginning to unnerve the market for auto ventilated seats. Manufacturers try to reconcile low production costs with perceived benefits for customers. desire for auto ventilated seats is expected to rise due to the growing desire for luxurious and comfortable seating, rising passenger car sales, and higher per capita income brought on by urbanisation.
If consumers aren’t interested in buying them, the market for auto ventilated seats could stagnate. As urbanisation and technology advancements continue, the market for auto-ventilated seats in automobiles is expected to expand.
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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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