Automotive Seat Heater Global Market is segmented By Type (Carbon Fiber Heater and Composite Fiber Heater), Sales Channel (Oem, Aftermarket), Vehicle Type (Passenger Cars, Commercial Vehicles, And Others) And Region. Report provides Automotive Seat Heater Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
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Automotive Seat Heater Market Key Companies Studied In This Research Report:
The global automotive seat heater market comprises a host of key players. This includes names like Kongsberg Automotive (Norway), II-VI Marlow, Inc. (U.S.), Gentherm (U.S.), Seat Comfort Systems (U.S.), Champion Seat Systems (U.S.), I.G. Bauerhin GmbH (Germany), Panasonic Corporation (Japan), Guangzhou Tachibana Electronic Co., Ltd. (China), Changchun SET Electronics Co., Ltd. (China), Langfang Golden Time Technology Development Co., Ltd. (China), and others.
Global Automotive Seat Heater Market Analysis 2019:
The global automotive seat heater market was analyzed by Market Research Future (MRFR) and it was projected that a decent CAGR of 6% will be attained by the market over the forecast period of 2018 to 2023. The valuation of the automotive seat heater market was further stated to surpass its previous valuation with the revenue pool getting wider.
The usage of automotive seat heaters strikingly helps in increasing the comfort level of the riders while commuting long distances. The growing demand for energy and comfort capabilities in different types of vehicles and a rising demand for high-end passenger cars with improved features is expected to contribute directly to the growth of the regional market. However, on the other hand, the market growth of automotive seat heaters can be challenged by the declining confidence among the consumers in integrating seat heaters due to the rising number of fire accidents that is caused due to seat heater coils.
Study Period: 2019-2023
Base Year: 2019
Target Audience of Report: This report mainly focuses on Automotive Seat Heater manufacturers, Distributor & Supplier companies, and end Users. Investment bankers and consultants with end user for Automotive Seat Heater market also analyzed. And finally, Government and Independent Regulatory Authorities involved with Automotive Seat Heater Global Industry are studied in this report.
The global automotive seat heater market has been segmented in terms of type, sales channel, and vehicle type.
By type, the market segments into composite fiber heater and carbon fiber heater.
By sales channel, the market includes aftermarket and OEM.
By vehicle type, the market comprises commercial vehicles, passenger cars, and others.
Region-wise, the global Automotive Seat Heater market has been segmented into North America, Rest-of-the-World (RoW), Europe, and Asia Pacific (APAC).
North America leads the global automotive seat heater market with the highest share. This is due to the rising demand for luxury vehicles in the North America region. Moreover, the low-temperature weather conditions across various parts of the region is also reported to be favoring the demand for automotive seat heaters and driving the market growth. Both Mexico and the US are primed to be the leading contributors to the overall growth of the regional market.
The European region is said to be a highly lucrative market for automotive seat heaters and is expected to remain the same soon. The region is slated to grow at a healthy pace over the forecast period to maintain its position in the global automotive seat heater market standings. The growth of the regional market can be majorly attributed to the massive boom experienced in the automotive industry and an increasing inclination among the consumers towards high-end vehicles.
Study Objectives of Global Automotive Seat Heater Market:
— To provide detailed analysis of the market structure along with forecast for the next five years of various segments and sub-segments of the global market
— To provide insights about factors affecting the market growth
— To analyze the market based on various factors such as supply chain analysis, and Porter’s five forces analysis
— To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries – North America, Europe, Asia-Pacific, and ROW.
— To provide country level analysis of the market with respect to the current market size and future prospective
— To provide country level analysis of the market for segment by type, vehicle type, and region
Major Table of Content:
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.2 Research Objective
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Bargaining Power Of Suppliers
3.1.4 Threat Of Substitutes
3.1.5 Segment Rivalry
3.2 Value Chain/Supply Chain Analysis
4 Market Dynamics
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
5 Global Automotive Seat Heater Market, By Type
5.2 Carbon Fiber Heater
5.2.1 Market Estimates & Forecast, 2017-2023
5.2.2 Market Estimates & Forecast By Region, 2017-2023
5.3 Composite Fiber Heater
5.3.1 Market Estimates & Forecast, 2017-2023
5.3.2 Market Estimates & Forecast By Region, 2017-2023
6 Global Automotive Seat Heater Market, By Sales Channel
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