This report provides exclusive insights into the COVID-19 impact on the Automotive Smart Seating Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Automotive Smart Seating Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Automotive Smart Seating Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent
report published by Infinium Global Research on automotive smart seating market
provides in-depth analysis of segments and sub-segments in the global as well
as regional automotive smart seating market. The study also highlights the
impact of drivers, restraints, and macro indicators on the global and regional
automotive smart seating market over the short term as well as long term. The
report is a comprehensive presentation of trends, forecast and dollar values of
global automotive smart seating market. According to the report, the global
automotive smart seating market is projected to grow at a CAGR of 9.7% over the
forecast period of 2019-2025.
Market
Insight
Automotive
smart seating provides enhance safety, comfort, communication and flexible
seating and storage. These seats deliver an important connection between the
occupant and vehicle experience. It measures heart and respiratory rates of the
occupant and also monitors the position of the occupant. Advancement in design
and high level of integration combines to produce a lighter seat structure
which helps the fuel efficiency. The automobile industry is making a developing
vehicle that could provide health monitoring service with the Internet of
Things (IoT).
New
development in the automotive industry and increasing demand for luxury
vehicles for the comfort of the passengers are the driving factor for the
growth of the global automotive smart seating market. Government regulation
regarding the safety of the passenger as an increased rate of road accidents is
also a driving factor for the growth of the automotive smart seating market. On
the other hand, the high cost associated with the raw material hampers the
growth of the global automotive smart seating market. Furthermore, rising
demand for the efficient and advanced material for the production of smart
seats create an opportunity for the growth of the global automotive smart
seating market.
Geographically,
North America region dominates by the largest market share in the automotive
smart seating market due to the adoption of advanced technologies by the
manufacturer for the safety of the passenger and emergence of the connected or
autonomous vehicles. In North America, the U.S accounted for the highest share
followed by Canada and Mexico. Europe holds the second position in the global
automotive smart seating market. In Europe, Germany is the leading country for
the production of vehicles. Asia Pacific
region expected to boost the growth of the automotive smart seating market due
to the presence of major manufacturers such as Alpine Electronics, Inc.,
Panasonic Corporation, and other manufacturers. In Asia-Pacific, China holds
the highest share followed by Japan and India.

Segment
Covered
The report on
global automotive smart seating market covers segments such as vehicle type,
and end user. On the basis of vehicle type, the sub-markets include commercial
vehicle, and passenger vehicle. On the basis of end user, the sub-markets
include OEMs, and aftermarket.
Companies
Profiled:
The report
provides profiles of the companies in the market such as Johnson Controls
International plc, Faurecia, Magna International Inc., Continental AG, DURA
Automotive Systems, LLC, Lear Corporation, Nippon Seiki Co., Ltd., Garmin Ltd.,
Panasonic Corporation, Alpine Electronics, Inc., and Other Companies.
Report
Highlights:
The report
provides deep insights into the demand forecasts, market trends, and micro and
macro indicators. In addition, this report provides insights into the factors
that are driving and restraining the growth in this market. Moreover, The
IGR-Growth Matrix analysis given in the report brings an insight into the
investment areas that existing or new market players can consider. The report
provides insights into the market using analytical tools such as Porter's five
forces analysis and DRO analysis of automotive smart seating market. Moreover,
the study highlights current market trends and provides forecast from
2019-2025. We also have highlighted future trends in the market that will
affect the demand during the forecast period. Moreover, the competitive
analysis given in each regional market brings an insight into the market share
of the leading players.