The global demand for auto-ventilated seats market share 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.
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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.
The seats of hybrid and electric vehicles are made of lighter or composite materials. Global demand for automotive ventilated seats is expected to increase as innovative seating arrangements for future vehicles are developed. Over the anticipated period, the demand for plush and comfy seating is expected to grow, contributing to reasons including rising per capita income brought on by increased urbanisation.
Due to recent innovations and the active participation of important industry players, the market for auto ventilated seats is still expanding. For instance, Ford was granted a patent for chairs with moisture sensors in August 2021. On these chairs, flow-through seat covers are used to adjust the environment and check moisture content.
China still has the largest vehicle industry in the world due to a slowdown in its expansion, but North America now rules the market for auto ventilated seats. The market for vehicle ventilated seats is located in the Asia Pacific area, where wealth is increasing and automobile demand is on the rise.
The market for car ventilated seats is starting to feel uneasy due to how expensive modern car seats are. Manufacturers try to balance decreasing manufacturing costs with ostensible customer advantages. Due to the expanding market for opulent and comfortable seating, rising passenger car sales, and rising per capita income from urbanisation, auto ventilated seats will likely be more popular in the coming years. Considering recent events
If consumers choose not to buy them, the market for auto ventilated seats could stagnate. As urbanisation and technological advancement continue, the market for auto-ventilated seats in automobiles is anticipated to expand.
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Competitive Landscape
Due to the various domestic and foreign rivals, the global market for auto ventilated seats is diverse and ferociously competitive. Due to advancements in fuel efficiency and a tendency towards smaller vehicles, the market for auto ventilated seats is growing more and more competitive globally.
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.
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
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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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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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