Seats play an important role in the driver and passenger experience in any vehicle. Vehicle manufacturers are reducing the weight of the vehicle to increase the speed and improve the appearance. The weight of the vehicle interior is likely to reduce with the help of modular seating. This, in turn, drives the automotive modular seating market. Increase in the demand for more comfortable and safer rides is likely to drive the market. Development of various technologies related to seating systems as an active health monitoring system, seat heating systems, and others is projected to propel the automotive modular seating market. Assembling the automotive modular seating in a vehicle is costly affair and require skilled professionals is likely to restrain the modular seating market during the forecast period.
The global automotive modular seating market can be segmented based on technology, vehicle type, vehicle class type, electric vehicle type, sales channel, and region. In terms of technology, the automotive modular seating market can be segregated into smart seating, and two others. Smart seating provide passengers and drivers with comfort, safety, and features such as heated, climate-controlled, and memory seats. These seats are equipped with systems such as pneumatic seats and active health monitoring. Production of vehicles with smart seating is increasing due to the rise in demand for safety and advanced features by consumers in the vehicle industry.
Based on vehicle type, automotive modular seating market can be bifurcated into commercial vehicles and passenger vehicles. The commercial vehicles segment can be further divided into light commercial vehicles and heavy commercial vehicles. Light commercial vehicles are primarily used for logistics and transportation used for small enterprises within the city, while heavy commercial vehicles are employed for the transportation of heavy workload. These also include buses & coaches. The passenger vehicle segment can be sub-segmented into hatchbacks, sedans, and sport utility vehicles (SUVs), and multi utility vehicles (MUVs). The hatchback segment accounted for a major share of the market in 2017. Demand for high clearance vehicles and SUVs and MUVs is anticipated to increase during the forecast period.
Based on vehicle class type, the automotive modular seating market can be segmented into entry-level vehicles, mid-range vehicles, and premium/luxury vehicles. Demand for premium vehicles is increasing.
In terms of electric vehicle type, the automotive modular seating market can be classified into battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and hybrid electric vehicles (HEVs). Various governments across the globe are providing incentives to buy zero emission vehicles to reduce vehicular emission in order to protect the environment, which is estimated to increase the use of battery electric vehicles. Employment of modular seating in these vehicles is expected to drive the market. Based on sales channel, the global automotive modular seating market can be classified into Original Equipment Manufacturing (OEM), Original Equipment Supplier (OES), and aftermarket. The OEM segment is expanding at rapid pace as numerous vehicle manufacturers are providing modular seating along in their vehicles.
Europe was a leading region in the global automotive modular seating market in 2017 owing to larger production of premium vehicles in the region as compared to other regions. The market in North America is anticipated to expand at a considerable pace due to the rise in adoption of these seating in SUVs and MPVs, which are extensively utilized in the region.
Major players operating in the global automotive modular seating market include Adient, Lear Corporation, Brose Fahrzeugteile, Fisher & Company, Faurecia, Continental AG, F.S. Fehrer Automotive, TOYOTA BOSHOKU, GRAMMER, and Magna International.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.