TechNavio recognizes the following companies as the key players in the Global Automotive Seats Market: Faurecia EO, Johnson Controls Inc., LEAR Corp., and Toyota Boshoku Corp.
Commenting on the report, an analyst from TechNavio’s team said: “Earlier, automotive seats were heavy, space-consuming objects in vehicles with little added value and comfort. The traditional seating systems were in demand due to the vehicle condition and taste preferences of the consumers. However, in recent years, customers purchasing vehicles are more concerned about the weight of the seats and the space that they occupy in the total available vehicle space. This is mainly because the total weight of the vehicle is an important factor that determines the overall performance and fuel efficiency of the vehicle. In addition, the high demand for compact automobiles in developing countries due to their cost advantage has increased the demand for thinner and lighter seats that occupy less space in the vehicle. Hence, the demand for thinner seats with a high strength-to-weight ratio is a recent trend being witnessed in the market.”
According to the report, one of the major drivers in this market is the increased emphasis on driver and passenger comfort. OEMs are increasingly focusing on driver and passenger comfort, which is predicted to have a significant impact on the market. Moreover, the increasing number of accidents has created awareness among people of the need to improve driver comfort and thereby reduce distractions while driving.
Further, the report states that one of the major challenges in this market is the highly volatile prices of the raw materials used in the manufacture of automotive seats. The prices of raw materials such as leather and polyester, which are used in automotive seats, are constantly fluctuating due to various microeconomic factors, thereby presenting a challenge for OEMs.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-automotive-seats-market-2014-2018
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/automotive-and-aerospace
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TechNavio Announces the Publication of its Research Report – Global Automotive Seats Market 2014-2018
