PUBLISHER: Lucintel | PRODUCT CODE: 1416327
PUBLISHER: Lucintel | PRODUCT CODE: 1416327
Passenger Car Seat Trends and Forecast
The future of the global passenger car seat market looks promising with opportunities in the armrest, pneumatic system, seat belt, seat frame & structure, seat headrest, seat height adjuster, seat recliner, seat track, and side/curtain airbag markets. The global passenger car seat market is expected to reach an estimated $43.7 billion by 2030 with a CAGR of 1.0% from 2024 to 2030. The major drivers for this market are increasing use of motorized seats in mid-size vehicles and SUVs, growing emphasis on lightweight materials in passenger car seats and ridesharing, and rising global sales of automobiles.
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Passenger Car Seat by Segment
The study includes a forecast for the global passenger car seat by propulsion, seat type, component type, and region.
Passenger Car Seat Market by Propulsion [Shipment Analysis by Value from 2018 to 2030]:
Passenger Car Seat Market by Seat Type [Shipment Analysis by Value from 2018 to 2030]:
Passenger Car Seat Market by Component Type [Shipment Analysis by Value from 2018 to 2030]:
Passenger Car Seat Market by Region [Shipment Analysis by Value from 2018 to 2030]:
List of Passenger Car Seat Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies passenger car seat companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the passenger car seat companies profiled in this report include-
Passenger Car Seat Market Insights
Lucintel forecasts that split/bench is expected to witness the higher growth over the forecast period because split/bench seats are less expensive than bucket seats, making them more appealing alternative for budget-conscious purchasers.
APAC is expected to witness highest growth over the forecast period due to rising incidence of traffic incidents, increasing government rules requiring the installation of airbags in cars, and growing consumer demand for safety measures in cars in the region.
Features of the Global Passenger Car Seat Market
Market Size Estimates: Passenger car seat market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Passenger car seat market size by propulsion, seat type, component type, and region in terms of value ($B).
Regional Analysis: Passenger car seat market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different propulsion, seat type, component type, and regions for the passenger car seat market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the passenger car seat market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the passenger car seat market size?
Answer: The global passenger car seat market is expected to reach an estimated $43.7 billion by 2030.
Q2. What is the growth forecast for passenger car seat market?
Answer: The global passenger car seat market is expected to grow with a CAGR of 1.0% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the passenger car seat market?
Answer: The major drivers for this market are increasing use of motorized seats in mid-size vehicles and SUVs, growing emphasis on lightweight materials in passenger car seats and ridesharing, and rising global sales of automobiles.
Q4. What are the major segments for passenger car seat market?
Answer: The future of the global passenger car seat market looks promising with opportunities in the armrest, pneumatic system, seat belt, seat frame & structure, seat headrest, seat height adjuster, seat recliner, seat track, and side/curtain airbag markets.
Q5. Who are the key passenger car seat market companies?
Answer: Some of the key passenger car seat companies are as follows:
Q6. Which passenger car seat market segment will be the largest in future?
Answer: Lucintel forecasts that split/bench is expected to witness the higher growth over the forecast period because split/bench seats are less expensive than bucket seats, making them more appealing alternative for budget-conscious purchasers.
Q7. In passenger car seat market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to rising incidence of traffic incidents, increasing government rules requiring the installation of airbags in cars, and growing consumer demand for safety measures in cars in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.