DUBLIN--(BUSINESS WIRE)--The "Global Automotive Seats Market : Analysis of Growth, Trends Progress and Challenges (2016 - 2021)" report has been added to Research and Markets' offering.
It is a challenging period for the global automotive seat manufacturers as post 2010 car manufacturers have begun to place individual and separate orders for different seat components like frame, foam, fabric etc. This has brought down the profitability of seat manufacturers as purchasers buy components from wherever they can find the best bargain. This has considerably reduced the profit margins for the major manufacturers. Before 2010, most of the orders made by car manufacturers were for complete seat systems, which allowed greater pricing control and margins for the seat manufacturers.
Increasing passenger comfort and space has become the most important trend in the passenger car market and seats are a vital part of that consideration. Seats have to take as less space as possible and provide the maximum level of comfort. As a result, a lot of development is taking place in the space.
Automotive manufacturers consider weight of the vehicle as one of the most important things. The weight is such a strong factor that some manufacturers such as Land Rover have started making automobiles of light materials solely like Aluminum to cut down on weight. To further cut down on weight, automotive manufacturers are continuously exploring lightweight design for seats. Carbon Fiber has emerged as a strong candidate for lighter seats, but its high cost is impeding its progress.
Due to intense rivalry and margin pressures in the market, the manufacturers are actively setting up bases in the emerging markets like Vietnam to take advantage of the considerably lower labor costs. This trend will change the dynamics of the industry in the long run and seat manufacturers would have to start setting up facilities in the emerging markets to stay competitive.
- Aisin Seiki Co.
- GRAMMER AG
- Grupo Antolin
- Johnson Controls
- Lear Corporation
- Magna International
- NHK Springs Co. Ltd.
- Toyota Boshuku Corp
Key Topics Covered:
2. Executive Summary
3. Market Overview And Trends
4. Market Dynamics
5. Automotive Seats Market, Segmented By Material
6. Automotive Seats Market Segmented By Technology
7. Automotive Seats Market, Segmented By Region
8. Competitive Landscape
9. Key Vendor Analysis(Overview, Products & Services, Strategies)
10. Future Outlook Of The Market
For more information about this report visit https://www.researchandmarkets.com/research/2crhb8/global_automotive