According to MarkNtel Advisors study the Global Automotive Ventilated Seats Market is projected to grow at a CAGR of around 6.5% during the forecast period, i.e., 2023-28.
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Key Findings of the Study: Automotive Ventilated Seats market
Key Driver: Frequent Technological Innovations in Automobiles with Increasing Premium Car Sales in Developing Countries
Ever-expanding technological innovations in automobiles are expected to create opportunities for the key players in the auto-ventilated seat in the coming years. The premium car market, which had previously been conquered by the developed regions of North America and Europe, witnessed astonishing growth in the Asia-Pacific.
Thus, the mounting adoption rate of auto-ventilated seats in emerging nations such as Asia-Pacific and Latin America is predicted to drive the demand for auto-ventilated seats. Furthermore, the industry is investing in innovative technologies to reduce overall vehicular weight and meet severe emission and fuel efficacy regulations. Hence, it has also expected to promote the expenditures into advanced seating technology, which fuels the market growth.
For more detailed information about the Automotive Ventilated Seats market report, click here – https://www.marknteladvisors.com/research-library/global-automotive-ventilated-seats-market.html
Scope of the Report and Automotive Ventilated Seats Market Segmentation:
By Vehicle Type
- Passenger Cars
- Hatchback
- SUV
- Sedans
- Multi-Purpose Vehicles (MPVs)
- Commercial Vehicles
- Light Commercial Vehicles
- Medium & Heavy Commercial Vehicles
By End User
- OEM
- Aftermarket
By Fan Type
- Radial Fans
- Axial Fans
By Material Type
- Synthetic Leather
- Genuine Leather
Among others, Luxury cars acquired a sizable market share in the historical period owing to the rising popularity of innovative seating solutions in such cars.
Automotive Ventilated Seats Market Competitive Landscape
- Toyota Bushoku Corporation
- Gentherm Incorporated
- Kia Motors America, Inc.
- Others
Automotive Ventilated Seats Market Development:
- In March 2022, Furecia launched its Technology & Customer Center in Hanover Marienwerder. The new construction in the Science Area 30X in Hanover incorporates the former research and development operations of Faurecia Seating in Stadthagen with those of Faurecia Interiors in Peine, as well as all operations of the German Faurecia Holding (Faurecia Automotive GmbH).
Geographical Analysis:
By Region
- North America
- South America
- Europe
- Middle East and Africa
- Asia-Pacific
The Asia-Pacific region is anticipated to hold a significant market share owing to increasing demand from India, China, Japan, and others.
Note: If you require specific information not covered in the current report, we can provide it through customized option
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