Authored By: Sarah
11 Jul 2024

 Automotive Seat Actuation System Market Size to grow by USD 1.18 billion between 2024-2028

According to a research report “ Automotive Seat Actuation System Market” by Application (Passenger vehicles, Commercial vehicles) Type (Electric seat actuation system, Manual seat actuation system) Geography (North America, APAC, Europe, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 1.18 billion, at a CAGR of  8.9% during the forecast period. In the global automotive industry, the market for seat actuation systems in luxury and premium cars is experiencing substantial growth. This trend is driven by the rising disposable income of consumers worldwide, enabling them to invest in high-end vehicles. Brands such as Mercedes-Benz, BMW, Audi, Volvo, Volkswagen, and Porsche have reported significant increases in sales due to the allure of autonomous driving features and occupant monitoring systems. Consumers are drawn to these vehicles due to their exclusivity, superior comfort, and uncompromising quality. Manufacturers continue to innovate and invest in advanced technologies to cater to the evolving demands of luxury car buyers.

Browse market data tables, figures, and in-depth TOC on “Automotive Seat Actuation System Market” by Application (Passenger vehicles, Commercial vehicles) Type (Electric seat actuation system, Manual seat actuation system) Geography (North America, APAC, Europe, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample

 

By Application, the Passenger vehicles segment is projected to dominate the market size in 2024

The Electronic Seat Actuation System (ESAS) market segment is poised for significant growth during the forecast period, driven by the escalating trend towards electrification in the automotive industry. With the increasing adoption of electric vehicles (EVs) and the rise in demand for automotive electronics, automotive original equipment manufacturers (OEMs) are integrating advanced features into their offerings, focusing on safety, performance, stability, and comfort. The integration of sensors, actuators, cameras, and onboard computers for the operation of various automotive systems has led to the emergence of automated vehicles, further fueling the demand for ESAS. The automotive sector's growing reliance on electronic components and systems presents a lucrative opportunity for ESAS market expansion.

By Type, Electric seat actuation system  segment is expected to hold the largest market size for the year 2024

The global Automotive Seat Actuation System market is poised for significant expansion, driven primarily by the increasing penetration of passenger vehicles and the adoption of seat actuation systems in this segment. The passenger vehicles market is projected to experience robust growth during the forecast period, surpassing the commercial vehicles segment. This trend can be attributed to the electrification of passenger cars and the integration of advanced technologies, including seat actuation systems, which enhance comfort and safety features. Initially, seat actuation systems were a luxury add-on, but their adoption has expanded to mid-segment vehicles, leading to increased market demand.

North America is forecasted to hold the largest market size by region in 2024

The automotive seat actuation system market in North America is experiencing significant growth due to several key factors. These include the increasing sales of luxury vehicles, the rise in urbanization, growing disposable income, and technological advancements. With urbanization rates in the US and Canada reaching 83% and 82%, respectively, in 2022 (World Bank Group data), there is a substantial demand for premium vehicles among consumers. This trend, coupled with economic stability and increasing disposable income, is driving market growth in the region. Prominent vendors in the market are capitalizing on these opportunities to offer advanced seat actuation systems, further fueling market expansion.

The Automotive Seat Actuation System Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • AISIN CORP.
  • Buhler Motor GmbH
  • Leggett and Platt Inc.
  • Moog Inc.
  • Nidec Corp.
  • Robert Bosch GmbH
  • Schaeffler AG
  • Stellantis NV
  • Toyota Motor Corp.
.

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Research Analysis Overview

The Automotive Seat Actuation System Market is experiencing significant growth due to the increasing demand for lightweight equipment and efficiency in the aviation industry. Leading market players are focusing on developing advanced seat actuation systems for military aircraft and commercial aircraft to enhance passenger comfort and safety. These systems include lumbar massage systems, actuators, electronic control units, and wiring harnesses. Retrofitting of old aircraft with modern seat actuation systems is a growing trend, as it allows for smart maintenance and optimization of performance. The aviation industry's focus on premium air travel and passenger comfort is driving the demand for these systems. Emerging economies are also contributing to the market's growth as they invest in their aviation industries and prioritize connectivity and commuting time reduction. The market's growth is further driven by the integration of safety features and the increasing popularity of luxury vehicles. Key vendors in the market include Zodiac Aerospace, Safran, and Recaro Aircraft Seating. These companies are investing in research and development to offer innovative solutions and meet the evolving needs of the aviation industry. In conclusion, the Automotive Seat Actuation System Market is poised for significant growth due to the increasing demand for passenger comfort, safety, and efficiency in the aviation industry. The market's growth is driven by factors such as retrofitting, smart maintenance, optimization, and the integration of connectivity and luxury features.

Market Research Overview

The Automotive Seat Actuation System market is witnessing significant growth due to various factors including customer preferences for comfort solutions, product development focusing on sustainability and lighter materials, and the regulatory environment pushing for cost-effective and efficient systems. The aerospace industry's flying experience and premium air travel are driving the demand for advanced seat actuation systems in commercial and military aircraft. Market expansion is also being driven by emerging economies and low-cost airlines. Leading market players are focusing on developing lightweight equipment using fiber-reinforced composites and 3D printing to enhance performance and reduce weight. Smart maintenance systems, electronic control units, and actuators are being integrated into seat actuation systems for optimization and safety. Customer satisfaction is a key driver in the automotive industry, with comfort solutions such as lumbar massage systems and wiring harnesses becoming increasingly popular. Economic factors, including commuting time and long-distance traveling, are also influencing customer preferences for comfortable seats in luxury vehicles. The regulatory environment and economic factors are also impacting the automotive industry, with a focus on cost-effectiveness and efficiency. Market opportunities exist in retrofitting existing vehicles and in the maintenance of seat actuation systems. The aviation industry's focus on safety and passenger comfort is also driving demand for advanced seat actuation systems. Some of the leading market players include Faurecia, Magna International, and Johnson Controls. Growth drivers include the increasing demand for comfort solutions, the trend towards lightweight equipment, and the growing importance of connectivity and optimization in the automotive and aerospace industries.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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