Global Automotive Modular Seat Market – Industry Trends and Forecast to 2029

Automotive Modular Seat Market Analysis and Size

Seats play a vital role in any vehicle's passenger and driver experience. Automotive manufacturers are focusing on increasing the speed, improving the vehicle's appearance, and decreasing the vehicle's weight. The interior weight of the vehicle is likely to decrease with the help of modular seating. Also. The rise in the demand for safer ride and more comfort is expected to drive the market's growth rate. The advancement of several technologies related to the seating systems as seat heating systems, an active health monitoring system, and others is likely to drive the automotive modular seating market during the forecast period.

Data Bridge Market Research analyses that the automotive modular seat market was valued at USD 51,489.20 million in 2021 and is expected to reach USD 65,733.30 million by 2029, registering a CAGR of 3.10% during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.     

Automotive Modular Seat Market Scope and Segmentation

Market Definition

An automotive modular seat is proposed in the vehicle to observe the pressure distribution on different significant regions. This solution improves the problems of existing technologies which has embedded in normal seats. The fast measurement enables and proportional online complex evaluations, whereas the layout decreases the risk of errors.

Automotive Modular Seat Market Dynamics

Drivers

• Rise in demand due to their features

Modular seat provide the Smart seating system to the driver and passengers. The modular seats in vehicles provide safety, comfort, safety, and other features such as climate-controlled, heated, and memory seats. These seats are prepared with systems such as active health monitoring and pneumatic seats. Manufacture of vehicles in automotive industry with modular seat is growing because of the increase in demand for more safety and advanced features by the consumers. These are some major reasons which are expected to drive the growth of the automotive modular seat market.

• Technological advancement

Various technical breakthroughs in automotive industry are driving the expansion of the market. The development of advanced technologies such as active health monitoring system, seat heating system are expected to increase the demand of the modular seat in the vehicle and drive the revenue growth rate of the automotive modular seat market during forecast period of 2022-20229

Furthermore, Growing usages of modular seating to decrease the weight of the vehicle interior, growing preferences of consumers towards the smart as well as advanced features will drive market value growth.

Opportunities

• Advanced innovations

The manufacturers of automotive sector are researching more to innovate their products. The manufacturers mainly focus on producing smart modular seats for smart cars, which enhance the seat's comfort. The advanced innovations in the manufacturing of vehicle seats are increasing the growth rate of the automotive modular seat market.

In emerging countries, the automotive manufacturers aim to improve fuel efficiency and develop lightweight interior parts, which will create profitable opportunities for the growth of the market.

 Restraints/ Challenges

• High production cost

The high cost of manufacturing these automotive modular seats is very expensive, limiting the growth rate of the automotive modular seat market. Nearly 5% of the total cost incurred in the vehicle is for seats. There are few types of modular seats, such as ventilated, powered, heated, massage and climate-controlled seats, which provide convenience and better comfort than conventional seats. Due to all these features increase the manufacturing price of the seat which are obstruct the market growth ate

This automotive modular seat market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the automotive modular seat market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Automotive Modular Seat Market

The outbreak of COVID-19 has negatively impacted the automotive modular seat. Most of the business sector’s profits are dropped globally. To curb the widespread coronavirus pandemic, most governments imposed the lockdowns in their countries. Due to these continuous lockdowns, the manufacturing companies are closing their operations, which hits the sale and production of the vehicles and decreases the demand for the automotive modular seat. The drop in the vehicle production is affected the automotive modular seat market directly.

Global Automotive modular seat Market Scope

The automotive modular seat market is segmented on the basis of technology, vehicle type, vehicle class type, electric vehicle type and sales channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Technology

• Smart Seating
• Others

Vehicle Type

• Commercial Vehicles
• Passenger Vehicles

Vehicle Class Type

• Entry-Level Vehicles
• Mid-Range Vehicles
• Premium/Luxury Vehicles

 Electric Vehicle Type

• Battery Electric Vehicles (BEVs)
• Plug-In Hybrid Electric Vehicles (PHEVs)
• Hybrid Electric Vehicles (HEVs)

Sales Channel

• Original Equipment Manufacturing (OEM)
• Original Equipment Supplier (OES)
• Aftermarket

Automotive Modular Seat Market Regional Analysis/Insights

The automotive modular seat market is analysed and market size insights and trends are provided by country, technology, vehicle type, vehicle class type, electric vehicle type and sales channel as referenced above.

The countries covered in the automotive modular seat market report are U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Switzerland, Netherlands, Russia, Turkey, Belgium, Rest of Europe, Japan, China, South Korea, India, Australia & New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, South Africa, Israel, U.A.E., Saudi Arabia, Egypt, Rest of Middle East and Africa, Brazil, Argentina and Rest of South America.

Europe dominates the automotive modular seat market in terms of market share and revenue during the forecast period. This is due the increasing preferences towards premium vehicles in this region.

North America is expected to be the fastest developing regions due to the adoption of modular seating system in MPVs and SUVs.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Automotive Modular Seat Market Share Analysis

The automotive modular seat market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to automotive modular seat market.

Some of the major players operating in the automotive modular seat market are:

• Faurecia (France)
• Johnson Controls (Ireland)
• Lear (U.S.)
• Toyota Boshoku Corporation (Japan)
• TS TECH CO.,LTD. (Japan)
• DURA Automotive Systems (U.S.)
• IFB Automotive Pvt. Ltd. (India)
• Fisher & Company Engineering Services Limited (Austria)
• Magna International Inc (Canada)
• Aktis Engineering (India)
• Murter Automotive Seating Systems (Italy)
• Tata AutoComp Systems Ltd (India)
• Grammar AG (Germany)
• RECARO (Germany)
• Adient plc (Ireland)

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