Electric Vehicle Seats Market Size Was Valued at USD 3.52 Billion in 2023, and is Projected to Reach USD 10.9 Billion by 2032, Growing at a CAGR of 13.4% From 2024-2032.
Electric Vehicle Seats are used in a catalytic converter to reduce the harmful emission caused by internal combustion engines which are mostly administered in modern automobiles and vehicles. Moreover, catalysts are chemical substances that enhance the rate of reaction occurring in the catalytic converter and remain unchanged at the end of the reaction. Electric Vehicle Seats have become an essential part of modern vehicles as they help in decreasing the release of carbon monoxide, carbon dioxide, nitrogen oxides, and particulate matter.
The report also keeps track of and documents major events such as joint endeavors, corporate mergers, new product innovations, accomplishments, and market activity. The major goal of this study is to provide a growth map that can be used to calculate the benefits. The research includes a deep dive analysis of the Electric Vehicle Seats market trend, covering present and future trends, in order to illustrate the industry's common investment pockets. The study includes a competitive analysis of industry participants, as well as their market share in the global Electric Vehicle Seats market.
The Major Players in the Electric Vehicle Seats Market Include:
Adient,Lear Corporation,Faurecia,Toyota Boshoku,Magna International,RECARO,Brose Fahrzeugteile,Fisher and Company,Tata Autocomp Systems Limited,Marter Automotive Seating Systems,TS Tech Corporation Ltd.,NHK Spring Co. Ltd.,Guelph Manufacturing Group,Futuris Group And Other Major Players
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Market has segmented the global Electric Vehicle Seats market on the basis of type, application, and region:
The Electric Vehicle Seats market is segmented by type and application. Growth between segments over the period 2024-2032 provides accurate calculations and forecasts of revenue by type and application in terms of volume and value. This analysis can help you expand your business by targeting eligible niches.
By Type:
· Genuine Leather
· Synthetic Leather
· Fabrics
· Polyurethane Foam
By Propulsion Type:
· BEV
· HEV
· PHEV
By Regional Outlook
North America (U.S., Canada, Mexico)
Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
South America (Brazil, Argentina, Rest of SA)
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Key Industry Developments in the Electric Vehicle Seats Market:
· In April 2023, Faurecia has unveiled the Zero-Gravity Captain Chair which is a new rear passenger seating option for the Chinese market that offers more comfort and relaxation. To imitate the feeling of space travel that was observed during NASA missions, the seat can be tilted to a "zero gravity" position which is almost flat.
· In January 2022, a business alliance agreement has been concluded between TS TECH Co. , Ltd. and Alps Alpine Co., Ltd with the aim of jointly creating novel cabin spaces for vehicles of the next generation. According to the agreement, TS TECH and Alps Alpine will marry their skills so as to create such automotive cabin environments for electric vehicles (EVs) and other vehicle segments which have a lot of added value.
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