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Jul 12, 2023

Riding in Comfort: Auto Ventilated Seats Market Expected to Reach US$ 14.54 Billion by 2032 with a Steady CAGR of 6.2%

The global demand for auto-ventilated seats market is predicted to expand at a CAGR of 6.2% during the period of study by Future Market Insights. The global auto-ventilated seats market is expected to rise from $7.97 billion in 2022 to $14.54 billion in 2032.

For the seats of electric and hybrid cars, lighter or composite materials are being employed. Global demand for car ventilated seats is anticipated to rise as a result of the development of cutting-edge seating systems for upcoming autos. The market for auto ventilated seats is predicted to expand over the forecasted period due to factors including expanding passenger car sales, rising per capita income due to increased urbanisation, and rising desire for plush and comfortable seating.

The market for auto ventilated seats is continuing to grow thanks to recent breakthroughs and the active involvement of significant industry players. For instance, Ford received a patent in August 2021 for seats that had moisture sensors. Flow-through seat covers are utilised on these chairs.

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Despite China still having the largest global vehicle market due to a pause in its development, North America now has the largest market for auto ventilated seats. The market for vehicle ventilated seats is located in the Asia Pacific area, where wealth is increasing and the demand for automobiles is soaring.

However, the market for car ventilated seats is starting to feel uneasy because modern automotive seats are so pricey. Manufacturers attempt to balance reduced production costs with ostensible client advantages. In the coming years, there will likely be a greater need for auto ventilated seats because of the expanding market for opulent and comfortable seating, increased passenger car sales, and rising per capita income from urbanisation. Due to current developments

If consumers don't want to buy them, the market for auto ventilated seats could stagnate. As urbanisation and technological advancement continue, it is projected that the market for auto-ventilated seats in automobiles would expand.

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Key Takeaways

Competitive Landscape

The global auto ventilated seats market is varied and fiercely competitive because of numerous international and regional competitors. The global auto ventilated seats market is becoming increasingly competitive due to improvements in fuel efficiency and a trend toward downsizing vehicles.

Auto-ventilated seat sales are dominated by a small number of extremely large corporations such as Lear Corporation, Adient PLC, Faurecia, Toyota Boshoku Corporation, Magna International, etc. Major companies primarily make revenue through technical and financial partnerships for technological development, as well as through collaborations with automobile manufacturers and OEMs.

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Auto Ventilated Seats Market by Category

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About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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