Lucintel's latest market report analyzed that automotive ventilated seat provides attractive opportunities in the mid-size car, large car, SUVs and crossover segments. The automotive ventilated seat market is expected to reach $7.7 billion by 2025 with a CAGR of 2.0%. In this market, mid-size car and SUVs and crossovers is the largest segment by vehicle type, whereas OEM is largest by end user. The introduction of TDI low-VOC foam in vehicle seats and development of lightweight seats provides strategic growth path in this market.
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Based on vehicle type, the automotive ventilated seat market is segmented into mid-size cars, large cars, SUVs and crossovers, MPVs, HCVs, and others. The mid-size car and SUVs and crossovers segment accounted for the largest share of the market in 2020 due to increasing installation of ventilated seats in the mid-size and SUV and crossover segment.
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The automotive ventilated seat market is marked by the presence of several big and small players. Some of the prominent players offering automotive ventilated seat include Adient plc, Lear Corporation, Toyota Boshoku Corporation, Faurecia SA, Magna International Inc., TS TECH CO., Ltd, Brose Fahrzeugteile GmbH &Co., NHK Spring CO. Ltd, Tachi-S CO., Ltd and Grammer AG, and others.
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