Passenger Car to Dominate Global Automotive Ventilated Seats Market through 2024
High demand for comfort and
luxury features in vehicle interiors to drive global automotive ventilated
seats market through 2024
According
to TechSci Research report, “Global Automotive Ventilated Seats Market By Vehicle Type, By
Sales Channel, By Region, Competition, Forecast & Opportunities, 2024”, global automotive ventilated seats market is expected to
register growth during 2019-2024, owing to the benefits associated with
ventilated seats such as drying moisture between seats and occupants, and reduced
temperature of seat when parked in the sun. Moreover, ventilated seats eliminate
the requirement of air conditioners in vehicles, helping to reduce energy
consumption and improve vehicle efficiency.
Global automotive ventilated seats market can be segmented based on
vehicle type and sales channel. In terms of vehicle type, the market can be categorized
into passenger car and commercial vehicle. Though passenger car is the dominant
segment in global automotive ventilated seats market, traction of ventilated
seats in the commercial vehicle segment is expected to grow in coming years,
which would positively impact the market. In terms of sales channel, OEM
acquired the majority share, on account of surging luxury car sales.
Aftermarket segment is also anticipated to register growth during the forecast
period, as consumers are spending to install ventilated seat technology in
their cars, which do not have them.
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Toyota Boshoku Corporation, Magna International, Continental AG, Adient
Plc., Lear Corp., DURA Automotive Systems, Borgers Se & Co. KGaA, Faurecia
S.A., Grammer AG and Grupo Antolin Irausa S.A. are some of the leading players
operating in global automotive ventilated seats market. Companies operating in
the market are using organic strategies such as product launches, mergers and
collaborations in order to boost their market share. Surging popularity of ventilated
seats is pushing the companies to focus on improving the design and
functionality of ventilated seats. In 2017, Toyota Boshoku Corp. entered into a
partnership with TACHI S to enhance its competitiveness in the automotive
ventilated seats market by undertaking future oriented research &
development and promoting manufacturing innovation.
“Automotive
ventilated seats market is witnessing developments related to advanced seating,
which improves convenience and comfort for the passengers. Moreover,
technological advancements, such as development of centrifugal fan and
increasing inclination of manufacturers towards offering ventilated seats is expected
to positively influence the market over the course of next five years.”, said
Mr. Karan Chechi, Research Director with TechSci Research, a research based
global management consulting firm.
“Global Automotive
Ventilated Seats Market By Vehicle Type, By Sales Channel, By Region,
Competition, Forecast & Opportunities, 2024” has evaluated the future growth potential of automotive
ventilated seats market and provides statistics & information on market
size, structure and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges and opportunities in global automotive
ventilated seats market.
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