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Light Vehicle Seating Market

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Safety features and enhanced comfort are the major factors for the increased demand of these light vehicle seating’s market. New designs using new materials assembly mechanisms and foams are expected to drive the light vehicle seating market demand.
Hexa Research
Fact-based market research, penetrating industry insights and validated
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Light Vehicle Seating Market Share, Size, Analysis, Growth, Trends and
Forecasts, 2016 to 2024 | Hexa Research
Light Vehicle refers to the commercial carrier vehicle that does not weigh more than 3.5
tons. Safety features and enhanced comfort are the major factors for the increased
demand of these light vehicle seating’s market. New designs using new materials assem bly
mechanisms and foams are expected to drive the light vehicle seating market demand.
Safety, comfort, and flexibility are the major drivers of this industry. Changing customer
preferences have forced manufacturers to find innovative ways to cave into the rear seat
rows. The seats of the vehicle are now comfortable and safer than it used to be before.
Innovation and development are taking place at a faster rate in the light vehicle seating
market. Rather than focusing on seating ergonomics, manufacturers are now focused on
integrating fragrances, diverse seat fabrics, and added waterproof & breathable surface
designs. Changing customer needs on seating arrangement is expected to have a positive
impact on market growth.
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Hexa Research
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Sports vehicles are the major contributors to the market demand for light vehicle seating.
The other contributors include cars and trucks. Manufacturers are also working on
reducing the weight of the vehicle by reducing the weight of seating in vehicles. Major
players are also innovating to integrate seat heaters that would provide warmth to all parts
of the seat in order to satisfy customers. While there is an increase in the seat heating
industry, demand for seat cooling is expected to gather momentum over the forecast
period.
The dominant region in the light vehicle seating market is Asia Pacific. The growth in this
region can be attributed to the growing disposable income of population and the presence
of manufacturers in this region. The demand for small cars is prominent in this region that
is aiding the growth of light vehicle seating market in this region. Japan is driving market
growth in this region due to the presence of major automobile manufacturers in the
country. North America is the second most dominant region owing to increased demand
for automobiles in the region. The growing interest rates can hinder market growth of light
vehicle seating market in this region. The growth in this region is driven by the presence of
manufacturers in the U.S and the research and innovation efforts carried out by the
manufacturers. The European Light Vehicle Market is also growing substantially due to
increasing demand for small vehicles.
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The key manufacturers in this market include LEAR Corporation, Johnson Controls, Magna
International, Faurecia SA, NHK Spring Co., TS Tech Co., Tachi-S, Toyota Boshoku
Corporation, Toyo Tire and Rubber Co, Ltd., Woodbridge Group, Recticel SA, Grupo Antolin
Irausa S.A., Kongsberg Automotive, Sharda Motor Industries, Grammer AG, Freudenberg,
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Hexa Research
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Dura Automotive Systems LLC, CVG Seating, Gentherm Inc., ContiTech, Brose Fahrzeugteile
GmbH & Co.KG, Aisin Seiki Co., Ltd., and Autoliv.
The market is characterized by merger and acquisition activities. Large market players are
integrating backward by acquiring small manufacturers to increase their dominance. Lear
Corporation was acquired by Guilford Mills for approximately USD 257 million in 2014. The
European manufacturers of Light Vehicle Seating are targeting small manufacturers in
China due to growing automobile market in the region. Johnson Controls earns more than
USD 6 billion of revenue from the Chinese market.
Lear Corporation offers seating in various materials as well as with added advantages of
smart technologies to ensure better seating experience for customers. Johnson Controls is
one of the leading manufacturers of Light Vehicle Seating and serves customers such as
Volkswagen, Porsche, and Volvo. Magna International is one of the leading organizations
engaged in the innovation of seating and improving seating experience. They offer
complete seating systems, mechanism solutions, seat structure solutions, and foam & trim
products. The research and innovation efforts at Faurecia are targeted towards developing
lightweight seat mechanisms, advanced comfort systems, and integrated systems. The
Woodbridge Group manufactures light vehicle seating under the ComforTech brand.
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forecasts to help you make better decisions for a stronger future
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