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Global Ventilated Seats Market Size, Share, Forecast Report, 2020-2027

Global Ventilated Seats Market Size, Share, Forecast Report, 2020-2027

Status: Published Category: Healthcare Insight Code: 2965 Format: PDF / PPT / Excel

Content

Ventilated seats are those seats that function via several small fans in the seat cushion and the backrest used to provide comfort for passengers or driver over a short and long journey. The ventilated seats are made by using porous materials and multiple fans to provide air circulation throughout the seating material. The growing electrification in vehicles and the rising demand for electric vehicles lead to the need for ventilated seats, which is likely to accelerate the growth of global ventilated seat market size.

The Global Ventilated Seats Market is expected to reach USD 11 Billion by 2025 at a projected CAGR of 5.3% during the forecast period. The key factors for the growth of this market are growing automotive industry, increasing use of TDI low-VOC foam in vehicle seats, rising demand for comfortable driving, and a rise in demand for ventilated seats cars and ventilated seat covers, stringent vehicular emissions regulations, and the growing demand for car leasing services. The high prices associated with ventilated seats kit, higher depreciation rate of vehicle, and uneven weather conditions restrain the growth of this market. However, the rise in per capita disposable income from emerging nations and the growing economy in the developing regions provide opportunities to the market players.

Segmentation: Global Ventilated Seats Market

The Global Ventilated Seats Market is segmented based on vehicle type, propulsion, sales channel, and region. By vehicle type, the market is segmented as passenger car, light commercial vehicle, and heavy commercial vehicle. By propulsion, the market is segmented as internal combustion engine (ICE) and electric vehicle (EV), wherein the electric vehicle segment is further segmented as battery EV, plug-in EV, and hybrid EV. By sales channel, the market has been segmented into OEM and aftermarket.

Geographically, the global ventilated seats market is segmented as North America, Europe, Asia-Pacific, and the Rest of the World. Asia-Pacific is expected to dominate in terms of share during the forecast period owing to the growing automotive ventilated seat industry in China, Indonesia, Thailand, and Japan. Moreover, increased production and sales of luxury cars is expected to boost the demand for ventilated seats in this region. Furthermore, the rise in per capita disposable income from China, Australia, and India, the focus on emission reduction, and the increasing population leading to urbanization contribute to the market growth.
Prominent Players

The Prominent Players in the global ventilated seats market include Lear Corporation (US), Adient plc (US), Magna International Inc. (Canada), Toyota Boshoku Corporation (Japan), Dura Automotive Systems (US), Gentherm (US), Ebm Papst Group (Germany), TS Tech Co., Ltd (Japan), Faurecia SA (France), Brose Fahrzeugteile GmbH &Co., (Germany), NHK Spring CO. Ltd (Japan), and Continental AG (Germany).

  • Insight Code: 2965
  • No. of Pages: 250
  • Format: PDF/PPT/Excel
  • Published: July 2020
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034