DUBLIN--(BUSINESS WIRE)--The "Global Automotive Seat Actuation System Market 2017-2021" report has been added to ResearchAndMarkets.com's offering.
Global automotive seat actuation system market to grow at a CAGR of 3.85% during the period 2017-2021.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is advanced automotive seating by Faurecia. Based on the acclaimed Audi A8 premium seats, several concepts were developed by Faurecia for automated seating positioning for adjusting seats properly as that of occupant's body dimensions. This adjustment can have added features, such as side lumbar supports and back lumbar supports.
According to the report, one driver in the market is growing demand for luxury vehicles, driving ESAS market. The sales are expected to reach 107 million units by the end of the forecast period. At the same time, the car sales of premium brands, such as BMW and Mercedes-Benz from Europe, Acura and Infiniti from Japan, Cadillac, and Lincoln from North America, are expected to reach 11.4 million units by 2022 from 8.9 million units in 2015. Demographic changes taking place in China are another factor driving the growth of the premium vehicles segment. Though the Chinese automotive market is declining, luxury vehicles are being manufactured for wealthy individuals. The Western European market has also recovered from global crisis with a healthy appetite for luxury vehicles.
Further, the report states that one challenge in the market is increase in car-sharing services.
- Johnson Electric
Other Prominent Vendors
- Kongsberg Automotive
- Leggett & Platt
- SHIROKI Corporation
- TOYOTA BOSHOKU
- TS TECH
For more information about this report visit https://www.researchandmarkets.com/research/3mfx9v/global_automotive?w=4