Automotive Seat Market is segmented By Type (Bucket, Bench, Folding, Others), By Vehicle Energy Source (Gasoline, Diesel, Electric, Others), By Materi....
Market Size in USD
CAGR3.92%
Study Period | 2024 - 2031 |
Base Year of Estimation | 2023 |
CAGR | 3.92% |
Market Concentration | High |
Major Players | Johnson Controls, Lear Corporation, Toyota Boshoku Corporation, TS Tech Corporation Ltd, Magna International Inc |
The automotive seat market is estimated to be valued at USD 94.13 Bn in 2024 and is expected to reach USD 123.20 Bn by 2031. It is projected to grow at a compound annual growth rate (CAGR) of 3.92% from 2024 to 2031. Rising vehicle production across the world supported by growing demand especially in emerging economies will drive the automotive seat market during the forecast period.