PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1460723
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1460723
The automotive electric seat market is experiencing growth and is projected to reach USD 95.3 billion by 2030. This can be credited to the increasing need for ease while driving and technical improvement.
It will increase the demand for autonomous vehicles that with stem the improvement in passenger convenience. The added luxury of installed electric seats gives the additional flexibility of both personal settings, as well as minor adjustments.
This allows passengers to stand, sit back, or lean against anything they please. This feature becomes more significant when you have an opportunity to do your work or even take a nap as the vehicle is controlled by itself.
The design of the inside space of the vehicle, driverless type, will be different from the layout of the inside view of the traditional vehicles. For example, autonomous vehicles normally use seats that can swivel or lean back for passengers, while the passengers in traditional cars continue to maintain a sitting position with their seats settled straight. The growing demand for seats that can be used in outside shop areas, leads to a boom in sales of seating products, all over the globe.
Integrated seats are comfortable because of their use of electric technologies rather than the historic mechanical seats. They offer these chairs with a variety of elements like under-hip support, lower-back tilt, headrests, and massage. Because of these advantages, the user can find himself in his best driving and riding position which is associated with the utmost comfortableness.
Key Insights
In 2023, the passenger cars category had the largest industry share, of approximately 50%.
This is mainly because increasing sale of cars as individuals seek personal mobility.
Passenger cars are the key means of transport for persons and families, because of which their sales continue to advance.
In 2023, standard-powered seats held a 35% industry share because of their extensive use in everyday transport.
Such seats have advanced security and ease, being the basic and lucrative choices for most vehicle owners.
Heating, ventilation, massage, and memory seats are projected to advance at a 6.0% CAGR because of their added features such as warming elements, massaging abilities, and memory settings for user ease.
Such enhanced seat categories provide advanced ease and convenience during lengthy drives and opposing weather conditions.
In 2023, the driver seats held a 45% industry share, prioritized for the driver's ease and security.
Electric driver seats provide adaptable support, heating, ventilation, massage, and memory settings.
Such features advance driver ease, security, and total driving experience.
Dual seats rank second in industry share, generally utilized in passenger cars and certain commercial vehicles.
In 2023, the APAC region led the automotive electric seats industry because of quick industrialization, particularly in China, India, and South Korea.
Low labor and raw material prices in APAC make the industry lucrative, directing to enhanced features in vehicles at competitive costs.
The government policies put in force by developing nations like India and China have a positive influence on industrial growth and attract foreign investors which in turn boost the automotive sector.
APAC is expected to have the highest level of growth (CAGR of 6.2%) as the use of electric seats has expanded in line with the consumer demand for the comfort of trucks and buses.