Global automotive ventilated seat market is expected to reach $9.4 billion by 2024


DALLAS, April 29, 2019 (GLOBE NEWSWIRE) -- According to a new market report published by Lucintel, the future of the global automotive ventilated seat market looks promising with opportunities in the mid-size car, large car, SUVs and crossover segments. The global automotive ventilated seat market is expected to reach an estimated $9.4 billion by 2024 with a CAGR of 2.3% from 2019 to 2024. The major drivers for this market are increasing vehicle production, and rising demand for comfort and luxury features in vehicle interiors.

Browse 79 market data tables and 102 figures spread through 164 pages and in-depth TOC on “Global Automotive Ventilated Seat Market" at https://www.lucintel.com/automotive-ventilated-seat-market.aspx

In this market, different types of automotive ventilated seat such as mid-size cars, large cars, SUVs and crossovers, MPVs, HCVs, and others are used as vehicle type. On the basis of its comprehensive research, Lucintel forecasts that mid-size car and SUVs and crossovers will show above average growth during the forecast period due to increasing installation of ventilated seats in the mid-size and SUV and crossover segment.

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North America will remain the largest region due to higher domestic demand for luxury vehicles, and increasing penetration rate of automotive ventilated seats as automakers focus on convenience systems for vehicle’ safety and comfort.

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Emerging trends, which have a direct impact on the dynamics of the automotive ventilated seat industry, include introduction of TDI low-VOC foam in vehicle seats and development of lightweight seats. Adient plc, Lear Corporation, Toyota Boshoku Corporation, Faurecia SA, TS TECH CO., Ltd, Brose Fahrzeugteile GmbH &Co., NHK Spring CO. Ltd, Tachi-S CO., LTD and Grammer AG are among the major automotive ventilated seats manufacturers.

Lucintel, a leading global strategic consulting and market research firm, has analyzed and forecasted for the global automotive ventilated seats market by vehicle type, end user, and region and has come up with a comprehensive research report entitled  “Growth Opportunities in the Global Automotive Ventilated Seat Market 2019-2024: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions.

For a detailed table of contents, contact Lucintel at +1-972-636-5056 or mail at helpdesk@lucintel.com