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.
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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.
In hybrid and electric cars, lighter or composite materials are used to make the seats. It is anticipated that the development of cutting-edge seating systems for next cars would enhance demand for automotive ventilated seats globally. The market for auto ventilated seats is estimated to expand over the forecasted period due to factors like rising per capita income brought on by increased urbanisation and rising demand for plush and comfortable seating.
The market for auto ventilated seats is still growing as a result of recent breakthroughs and the active involvement of significant industry players. For instance, in August 2021 Ford received a patent for chairs with moisture sensors. Flow-through seat covers are utilised on these chairs to monitor moisture content and change the climate control as necessary.
Due to a lull in its growth, China continues to have the largest global automobile industry, but North America now dominates the market for auto ventilated seats. The Asia Pacific region, where affluence is rising and demand for cars is surging, is where the market for vehicle ventilated seats is found.
However, the market for car ventilated seats is starting to feel uneasy because modern automotive seats are so pricey. Manufacturers attempt to balance reduced production costs with ostensible client advantages. In the coming years, there will likely be a greater need for auto ventilated seats because of the expanding market for opulent and comfortable seating, increased passenger car sales, and rising per capita income from urbanisation. Due to current developments
The market for auto ventilated seats may become stagnant if consumers decide not to purchase them. The market for auto-ventilated seats in automobiles is expected to grow as urbanisation and technological development continue.
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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.
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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