Market Insight : Automotive Modular Seating Market Globally Grow at a CAGR of 11.34% by 2021
The automotive seating market is increasingly experiencing innovations with new technologies coming to the front. Safety and comfort have become the main priorities for vehicle manufacturers.
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Advancements in biomechanics have led to new possibilities for seat functions, such as automotive modular seating- abetted by advanced electronics features.
OEMs' focus on developing autonomous driving is a key driver leading to innovations in the automotive seating market. This is because vehicle manufacturers believe that autonomous driving will lead to more advanced interiors as consumers have to spend more time on non-driving activities, such as using infotainment system and smart phones. Thus, vehicle manufacturers are focusing on reconfiguring the interior to allow passengers more freedom and luxury in autonomous vehicles.
Technavios analysts forecast the global automotive modular seating market to grow at a CAGR of 11.34% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive modular seating market for 2017-2021. To calculate the market size, the report considers the revenue generated in the automotive modular seating market.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
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Technavio's report, Global Automotive Modular Seating Market 2017-2021, 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.
Key vendors
Adient
Faurecia
Lear Corporation
Continental
Other prominent vendors
Brose Fahrzeugteile
F.S. Fehrer Automotive
Fisher & Company
GRAMMER
Magna International
TOYOTA BOSHOKU
Market driver
Lightweighting of vehicles
For a full, detailed list, view our report
Market challenge
Difficulties in assembling the modular seats
For a full, detailed list, view our report
Market trend
Development of holistic HMI seats
For a full, detailed list, view our report
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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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