United Kingdom Automotive Seats Market May Grow With Growing Demand For Luxury Cars
United
Kingdom Automotive Seats Market is anticipated to grow with rising disposable
income of population in next five years.
According to TechSci report on, “United
Kingdom Automotive
Seats Market - By
Region, Competition Forecast & Opportunities, 2027”. United
Kingdom automotive seats market may flourish with an impressive CAGR during the
forecast period of 2023-2027, on the backbone of growing demand for the premium
vehicles and luxurious travelling. Increasing sales of the automotives such as
passenger cars specifically surge in the demands for the SUVs are anticipated
to drive the growth of the United Kingdom automotive seats market in the
upcoming five years. Rising technological advancement along with the research
for the product development actively supports the growth of the United Kingdom
automotive seats market. Additionally, factors like higher investments from the
automotive industry, government, and tendencies of the consumers to spend
lavishly over automobile part, coupled with growing demand for the exclusive vehicles
from the consumer are some of the major factors supporting the growth of the
United Kingdom automotive seats market in the next five years. Growing
population of the country and their rising disposable income coupled with the
demands for the personal ownership of the vehicles also facilitate the growth
of the United Kingdom automotive seats market in the future five years. The
market may also establish significant growth due to increasing refurbishing of
the vehicle seats. Electric vehicles are quite popular in the country and their
demands are rapidly increasing with the rising awareness regarding the toxic
exhaust from the traditional automotives combusting petroleum product to fuel
the vehicles. The advanced electric vehicles launched in the market have internet
enabled functions and artificial intelligence incorporated seats facilitating
technologies like powering the seats, heating seats etc. would also substantiate
the demand and the growth of the United Kingdom automotive seats market in the
forecast period.
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Market"
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The
United Kingdom automotive seats market is segmented by vehicle type, material,
seat type, technology, competitional landscape, and regional distribution. Based
on vehicle type, the market is further segmented into passenger car, light
commercial vehicle (LCV), medium & heavy commercial vehicles (M&HCV),
and two-wheeler. Passenger cars are anticipated to hold the largest revenue
shares of the market and dominate the market segment in the upcoming five years
due to increasing demands and thus the sales of the passenger cars. Surge in
the demand for the refurbishing of vehicles also fuels the growth of the United
Kingdom automotive seats market in the future five years. Medium & heavy
commercial vehicles (M&HCV) may also register significant growth in the
next five years due to rapidly increasing demands for the SUVs. Premium
vehicles and exquisite preferences of the consumers actively drive the growth
of the segment as well as the United Kingdom automotive seats market in the
forecast years.
By
material, the market is fragmented into fabric, synthetic leather, genuine
leather, and others. Demands for the genuine leather is anticipated to fuel the
United Kingdom automotive seats market in the upcoming five years. Synthetic
leather may lead the market segment and hold the largest revenue shares of the
market and dominate the market segment in the forecast period due to largest
fleet of vehicles using synthetic leather material for the manufacture of the automotive seats. Cost affordability, and efficiency of the
material further adds to the growth of the segment. With rising disposable
income among the population and growing demand for the premium and
aesthetically appeasing vehicles is expected to aid tot the growth of the
genuine leather shares, and thus aiding the growth of the United Kingdom
automotive seats market in the future five years.
Based
on seat type, the market is differentiated between bucket seat and split seat.
By technology, the market is bifurcated into standard seat, powered seat,
ventilated seats, and others. The market analysis also studies the regional
segmentation to devise regional market segmentation, divided among London, East
Anglia, Southwest, Southeast, Scotland, East Midlands, and Yorkshire &
Humberside.
A
partial list of major market players of the United Kingdom automotive seats
market includes:
·
Faurecia SE
·
Adient PLC
·
RENATO Auto Spezialsitze GmbH
·
Brose Fahrzeugteile GmbH & Co. KG
·
Groclin SA
·
Intatrim
·
Lear Corporation
·
Sparco SpA
·
BRITAX RÖMER Kindersicherheit GmbH
·
Swann Systems (UK) Ltd.
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“Rising demand for the advanced seats and use of improved technologies
facilitate the market growth. Increasing adoption of premium material for the
automotive seats in the exquisite, and luxury cars also aid the market growth. Advanced
technologies like powered seats, heating seats further substantiates the growth
of the market. Rising investment and technological advancement in the
automotive seats are also responsible for the market growth. New market players
may invest in the research along with introducing innovative product range to
influence the consumers that would help in their brand establishment,” said Mr.
Karan Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“United Kingdom
Automotive Seats Market By Vehicle Type (Passenger Car, Light Commercial
Vehicle (LCV), Medium & Heavy Commercial Vehicles (M&HCV),
Two-Wheeler), By Material (Fabric, Synthetic Leather, Genuine Leather, Others),
By Seat Type (Bucket Seat, Split Bench), By Technology (Standard Seat, Powered
Seat, Ventilated Seats, Others), By Region, Competition Forecast &
Opportunities, 2027” has
evaluated the future growth potential of United Kingdom automotive 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 United Kingdom automotive seats market.
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