Automotive Ventilated Seats Market 2020 – Industry Analysis, Size, Share, Strategies, Demand Analysis and Projected huge Growth by 2027
Market Summary The Global Automotive Ventilated Seats market was valued at USD 6.7 Billion in 2018 and is projected to grow at a CAGR of 5.48% from 2019 to 2026. Rising global temperatures as well as the increasing demand for comfortable seating in vehicle are the major factors attributing to the growth of the market over the forecasted period. The rise in global production of automobiles has led to an increase in global CO2 emissions. This has led to an increased demand for alternatives for cooling cars. Further key findings from the report suggest• A study conducted by the U.S. Department of Energy found that ventilated seats could help in increasing fuel efficiency. The researchers were able to measure occupants’ thermal sensation with ventilated seats by employing thermal comfort measuring tools and subjective tests. The tests concluded that since the ventilated seats keep vehicle occupant’s cooler. • With electric motors controlling functions such as massage, back padding and leg support, the seat can make a positive contribution to posture, alertness and alleviating fatigue. As more and more innovations comes to play in future it may make the ventilated seat as just a value added benefit in tandem with other newer technology. www.reportsanddata.com
Key Players: Adient (Ireland), Lear Corporation (US), Faurecia (France), Continental (Germany), Toyota (Japan), Magna (Canada), TS Tech (Japan), Hyundai Transys (South Korea), Brose (Germany), and NHK (Japan). Segmentation: • Ventilation Type (Revenue, USD Million; 2016–2026), Active Ventilation, Passive Ventilation • Vehicle Type (Revenue, USD Million; 2016–2026), Passenger Vehicle, Hatchback, Sedan, MPV, SUV, Crossover, Coupe, Convertible, Others, Commercial Vehicle, Bus, Box Truck, Cargo Van, Limousine, Pickup truck, Others, Two-wheelers • Distribution Channel (Revenue, USD Million; 2016–2026), OEM, Aftermarket • Fabric type (Revenue, USD Million; 2016–2026), Leather, Genuine leather, Synthetic leather, Polyester, Polyurethane, Nylon, Others www.reportsanddata.com
Regional Automotive Ventilated Seats Market (Regional Output, Demand & Forecast by Countries):• North America (United States, Canada, Mexico) • South America (Brazil, Argentina, Ecuador, Chile) • Asia Pacific (China, Japan, India, Korea) • Europe (Germany, UK, France, Italy) • Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) and More.
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The report emphasizes the following key questions: • Q.1. What are the most lucrative and promising growth prospects for the market? • Q.2. Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? • Q.3. Which geographies are estimated to exhibit the highest growth and the underlying causes? • Q.4. Which factors are impacting the future of the market and what are the driving factors? • Q.5. What are the hurdles and challenges curtailing the industry’s growth in the forecast period?
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