LONDON–(BUSINESS WIRE)–The global automotive ventilated seats market is expected to post a CAGR
of more than 8% during the period 2020-2024, according to the latest
market research report by Technavio. Request
a free sample report
Growth in infrastructure, road network, logistics, and construction
activities has significantly increased the number of long-haul journeys
in the commercial sector. This has increased the need for advanced
seating functionalities, such as ventilated seats in commercial vehicles
such as heavy-duty trucks and other heavy motor vehicles. Also, consumer
preference for long-haul rides is increasing the demand for ventilated
seats in the passenger vehicle segment as well. This is prompting
automobile manufacturers to introduce ventilated seats in both
commercial and passenger vehicle segments, leading to market growth.
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As per Technavio, the increasing demand for fuel-efficient vehicles will
have a positive impact on the market and contribute to its growth
significantly over the forecast period. This research report also
analyzes other significant trends and market drivers that will affect
market growth over 2020-2024.
Global Automotive Ventilated Seats Market:
Increasing Demand for Fuel-Efficient Vehicles
Ventilated seats reduce the burden on air-conditioning and hence
minimizes the use of fuel for air-conditioning, thereby improving the
fuel-efficiency of the vehicle. Therefore, the rising demand for
fuel-efficient vehicles will boost the ventilated seats market during
the forecast period.
“Technological advances in the global automotive ventilated seats
market and the consolidation of the automotive industry will further
boost market growth during the forecast period,” says a senior analyst
at Technavio.
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Global Automotive Ventilated Seats Market:
Segmentation Analysis
This market report segments the global
automotive ventilated seats market by vehicle type (passenger
vehicles and commercial vehicles) and geography (APAC, Europe, MEA,
North America, and South America).
The APAC region led the market in 2019, followed by Europe, North
America, South America, and MEA, respectively. During the forecast
period, the APAC region is expected to maintain its dominance over the
global market. This is due to the rapid growth of the automobile
industry in the region.
Technavio’s sample reports are free of charge and contain multiple
sections of the report, such as the market size and forecast, drivers,
challenges, trends, and more.
Some of the key topics covered in the report include:
Market Landscape
- Market ecosystem
- Market characteristics
- Market segmentation analysis
Market Sizing
- Market definition
- Market size and forecast
Five Forces Analysis
Market Segmentation
Customer Landscape
Geographical Segmentation
- Geographic comparison
- Key leading countries
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Landscape disruption
- Competitive scenario
Vendor Analysis
- Vendors covered
- Vendor classification
- Market positioning of vendors
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