The Worldwide Passenger Car Seat Market is Projected to reach USD 47.3 Billion by 2030, at a CAGR of 1.8%

Passenger Car Seat Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Passenger Car Seat Market size is expected to reach $47.3 billion by 2030, rising at a market growth of 1.8% CAGR during the forecast period.

The Bucket segment is leading the Global Passenger Car Seat Market by Seat Type in 2022; thereby, achieving a market value of $28.5 billion by 2030. During the forecast period, the bench seat segment is anticipated to hold a significant market share due to rising global vehicle production. Bucket seats are commonly used in commercial and passenger vehicles as driver and co-driver seating. Not only in the front seats but additionally in the rear seats of premium vehicles are incorporated bench seats.

The Heated Seats segment is exhibiting a CAGR of 2.3% during (2023 - 2030). Heated seats operate on the same principle as electric blankets and other devices that use electricity to generate heat. Thermostat systems are typically installed alongside heated seat systems in passenger vehicles. It regulates the seat heating temperature and prevents seats from overheating. Individually controlled, electrically heated front seats are a common factory-installed option. The segment's development is being fueled by the increasing demand for alternative seating options in colder geographies to improve driver and passenger safety.

The Synthetic Leather segment acquired maximum revenue share in the Global Passenger Car Seat Market by Trim Material in 2022; thereby, achieving a market value of $20.7 billion by 2030. The growth of the segment of synthetic leather is primarily driven by its lower price compared to genuine leather and its higher durability compared to fabric. This leather can be combined with intelligent features such as heating, chilling, and massage functions. It is ideal for incorporating sophisticated features that improve passenger comfort and convenience, rendering synthetic leather seating an attractive option for automakers.

The Seat Frame & Structure market is showcasing a CAGR of 0.9% during (2023 - 2030). The demand for passenger car seat structures is anticipated to increase significantly due to various government policies and the high global production of automobiles. In addition to other seat components, the frame and system play a significant role in the design of passenger car seats.

The Asia Pacific region dominated the Global Passenger Car Seat Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $17.4 billion by 2030. The North America region is anticipated to grow at a CAGR of 1.6% during (2023 - 2030). Additionally, The Europe market would register a CAGR of 1.4% during (2023 - 2030).

Full Report: https://www.kbvresearch.com/passenger-car-seat-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country-wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Adient plc, Faurecia (Groupe PSA), Lear Corporation, Aisin Corporation (Toyota Motor Corporation), Magna International, Inc., TS TECH Co., Ltd., Johnson Controls International PLC, NHK Spring Co., Ltd, TACHI-S CO., LTD., Gentherm Incorporated

Global Passenger Car Seat Market Segmentation

By Seat Type

• Bucket
• Split/Bench

By Technology

• Powered Seats
• Standard Seats
• Heated Seats
• Powered, Heated & Memory seats
• Powered, Heated & ventilated seats
• Powered, Heated, & Memory Seats
• Powered, Heated, Ventilated, Massage, & Memory Seats

By Trim Material

• Synthetic Leather
• Genuine Leather
• Fabric & Foam

By Component Type

• Seat Belt
• Seat Frame & Structure
• Armrest
• Pneumatic System
• Seat Headrest
• Side/Curtain Airbag
• Seat Headrest
• Seat Recliner & Height Adjuster
• Others

By Geography

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Companies Profiled

• Adient plc
• Faurecia (Groupe PSA)
• Lear Corporation
• Aisin Corporation (Toyota Motor Corporation)
• Magna International, Inc.
• TS TECH Co., Ltd.
• Johnson Controls International PLC
• NHK Spring Co., Ltd
• TACHI-S CO., LTD.
• Gentherm Incorporated

Related Reports:

North America Passenger Car Seat Market Size, Share to 2030

• July-2023
• 135 Pages

LAMEA Passenger Car Seat Market Size, Projection by 2030

• July-2023
• 152 Pages

Europe Passenger Car Seat Market Size & Share by 2023-2030

• July-2023
• 153 Pages

Asia Pacific Passenger Car Seat Market Size & Share, 2030

• July-2023
• 154 Pages