Automotive Seat Heater Market to grow at 6% compound annual growth rate by 2018 to 2023, according to “Global Automotive Seat Heater Market Size, Share, Trends, Growth and Regional Forecast Industry Report” published by Market Research Future. This report comprises comprehensive information on Automotive Seat Heater Market Forecast data up to 2023, with historic and current market information. Automotive Seat Heater Industry analysis done By Type (Carbon Fiber Heater and Composite Fiber Heater), Sales Channel (Oem, Aftermarket), Vehicle Type (Passenger Cars, Commercial Vehicles, And Others) And Region.
Automotive Seat Heater Market Key Companies Studied in this report are II-VI Marlow, Inc. (U.S.), Gentherm (U.S.), Panasonic Corporation (Japan), Changchun SET Electronics Co., Ltd. (China), Kongsberg Automotive (Norway), Guangzhou Tachibana Electronic Co., Ltd. (China), I.G. Bauerhin GmbH (Germany), Seat Comfort Systems (U.S.), Champion Seat Systems (U.S.) and Langfang Golden Time Technology Development Co., Ltd. (China) among others.
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Global Automotive Seat Heater Market Highlights:
The automotive users and the buyers of high-end vehicles are giving increased preference to the comfort level achieved by the use of enhanced automotive components. The use of Automotive Seat Heater Markets increases the comfort level of the riders while commuting long distances. The increasing demand for comfort and energy capabilities in vehicles, with the increase in demand for high-end passenger cars with enhanced features, directly contribute towards the growth of the market. The technological advancements in the product offerings have made the integration of these heaters into automotive seats smooth and easy. This, in turn, is expected to intensify the demand for the product in the automotive sector.
However, the growth of this market is expected to be restrained by the decreasing confidence of the consumer towards the adoption of the seat heaters owing to the increase in a number of fire accidents in the seat, majorly caused by the seat heater coils.
The need for automotive heaters is high in the luxury cars. The catapulted need for comfort by the buyers of high-end vehicles is poised to create demand in the Automotive Seat Heater Market. Additionally, the rising demand for high-end vehicles is further likely to accelerate revenue creation for the market players.
Questions Answered in Report:
What will be the market size, share forecast?
What are the drivers and challenges of the market?
What are the upcoming trends in the Drive Systems payments market?
Which are the key vendors operating in the market?
Market Segments Analysis:
By type, the global Seat Heater Market has been segmented into carbon fiber heater and composite fiber heater.
By sales channel, the Seat Heater Market is segmented into OEM and aftermarket.
By vehicle type, the global Seat Heater Market has been segmented into passenger cars, commercial vehicles, and others.
Geographically, the global Automotive Seat Heater Market has been divided into four major regions such as North America, Europe, Asia Pacific and Rest of the World. The North American region is dominating the global Automotive Seat Heater Market owing to the increased penetration of the high-end luxury cars in the U.S. and Mexico. The low-temperature conditions in major parts of the region are leading to an increased demand for Seat Heater Market systems.
The Asia Pacific region is expected to grow at the highest CAGR over the forecast period. The presence of developing regions in the region such as India and China among others where the people are becoming more inclined towards the use of high-end automotive components such as seat heaters is driving the growth of the market. Furthermore, the existence of large automotive manufacturers in the region such as Changchun SET Electronics Co., Ltd., Langfang Golden Time Technology Development Co., Ltd. and Guangzhou Tachibana Electronic Co., Ltd. is boosting the growth of the market over the forecast period.
Market Research Future (MRFR) employs innovative statistical algorithms for gathering impactful market insights that can drive business decisions. An in-depth analysis of constantly evolving market trends combined with a study of historical data is leveraged for providing accurate competitive intelligence. The statistical observations made in our reports are backed by data procured through extensive primary and secondary research which include interviews with stakeholders, SEC filings, whitepaper references, annual reports of key players, etc. Top-down and bottom-up approaches are employed for authenticating the credibility of the market foresight delivered. A multi-layer verification process reaffirms the market size and revenue estimation. MRFR strives to provide reliable and transparent information that helps clients in developing growth strategies.
The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Table Of Contents:
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Stud
2.1.2 Research Objective
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4.2 Forward Collision Warning
4.3 Dynamic Brake Support
4.4 Crash Imminent Braking
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