Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Research Reports > Automotive Seats Market to Surpass $105.6 Billion by 2034, Driven by EV Boom and Smart Seating Innovations
    Research Reports

    Automotive Seats Market to Surpass $105.6 Billion by 2034, Driven by EV Boom and Smart Seating Innovations

    Automotive Seats Market to Surpass $105.6 Billion by 2034, Driven by EV Boom and Smart Seating Innovations

    Published by Jessica Weisman-Pitts

    Posted on April 8, 2025

    Featured image for article about Research Reports

    The adoption of lightweight composites for automotive seat production and the inclusion of health-monitoring sensors are key factors driving market growth, says Fact.MR

    The global revenue of the automotive seats market is projected to reach US$ 105.61 billion by the end of 2034, up from US$ 68.47 billion in 2024. The market has been studied in detail and is forecasted to expand at a CAGR of 4.4% through 2034. The rising demand for hybrid and electric vehicles, especially in developing countries, is driving demand for automotive seats in these vehicles. Expansion of the automotive industry and increasing technological advancements are leading automobile manufacturers to focus on lightweight seats that enhance rider comfort.

    Manufacturers are primarily focusing on advanced seats for smart automobiles that improve seat comfort. High-end advancements in automobile seats are driving market expansion. Technological enhancements have led to the introduction of climate-controlled seating technology in automotive seats, which allows customers to cool them instantaneously. These seats include perforated inserts that contain chillers and fans.

    There are fabric-based heaters in the seats that come in handy in cold weather. As a result, there is an increasing focus on developing climate-controlled seating. Powered, heated, and ventilated applications are now commercially available and widely employed in low-cost automobiles.

    For More Insights into the Market, Request a Sample of this Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=42

    Key Takeaways from the Market Study:

    • The global market for automotive seats has been projected to reach US$ 105.61 billion by the end of 2034.
    • North America hold 18.5% market share in 2024 and the market is forecasted to expand at a CAGR of 3.9% from 2024 to 2034.
    • East Asia is projected to claim 33.7% market share by 2034, with the market expanding at 5.4% CAGR through 2034.
    • The market in China is forecasted to reach a valuation of US$ 24.12 billion by 2034-end.
    • Leatherette/vinyl material is projected to account for 25.4% market share by 2034-end.

    “Technological advancements in seat production, focusing on comfort and safety, are driving market growth. Enhanced features like adjustable lumbar support and massage settings are improving seat designs to meet consumer preferences,” says a Fact.MR analyst.

    Market Developments:

    Leading automotive seat manufacturers are Fisher and Company, Recaro Automotive, TM Automotive Seating Systems Private Limited, Lear Corporation, and Tata Autocomp Systems Limited.

    • In 2023, Faurecia announced the creation of its Zero-Gravity Captain Chair, a rear passenger seating solution designed specifically for the Chinese market. Inspired by NASA's space exploration, the seat can be adjusted to a "zero gravity" position that reclines it to an almost flat angle.
    • In 2023, Faurecia introduced the new "Skin Light Panel," which reduces weight, provides more rear passenger space, and improves recyclability. This innovative Skin Light Panel also seamlessly integrates into the entire seat, including rear airbag management. The sitting panel offers a smooth finish, high-performance scratch-resistant material, and long-term durability.

    Get Customization on this Report for Specific Research Solutions: https://www.factmr.com/connectus/sample?flag=S&rep_id=42

    More Valuable Insights on Offer

    Fact.MR, in its new offering, presents an unbiased analysis of the automotive seat market for 2019 to 2023 and forecast market statistics for 2024 to 2034.

    The study divulges essential insights into the market based on vehicle type (commercial vehicles, passenger vehicles), technology (powered seats, ventilated seats, heated seats, standard seats, memory seats, massage seats), material (ultrasuede/alcantra, leather, leatherette/vinyl, polyester, nylon), and seat type (benches, buckets, folding, split benches), across seven major regions of the world (North America, Latin America, Western Europe, Eastern, Europe, East Asia, South Asia & Pacific, and MEA).

    Key Companies Profiled:

    Fisher and Company; Recaro Automotive; TM Automotive Seating Systems Private Limited; Lear Corporation; Tata Autocomp Systems Limited; Faurecia; Grammar Seating Systems; Toyota Boshoku Corporation

    Industry News:

    • In 2022, Toyota Boshaku Corporation, a Japanese automotive component manufacturer, developed seats with an electric retraction mechanism and other interior components for LEXUS NX. The seats also feature improved cushioning that distributes body pressure in the buttocks area for better comfort.
    • In 2020, Toyota Boshoku Corporation announced the development of a seat with a supporting and practical feature named Drivers Easy Return Seta for Toyota Yaris.

    Explore More Related Studies Published by Fact.MR Research:

    The trailer canopy market is expected to reach USD 2,726 million by 2035, up from USD 1,635 million in 2024. The market is projected to expand at a value Compound Annual Growth Rate (CAGR) of 4.9% during the forecast period of 2025 to 2035.

    The global forklift warning lights market was valued at USD 169.8 million in 2024 and has been forecast to expand at a noteworthy CAGR of 5.2% to end up at USD 296.3 million by 2035.

    The boat lights market is expected to reach USD 1,357 million by 2035, up from USD 618 million in 2024. During the forecast period (2025 to 2035), the market is projected to expand at a compound annual growth rate (CAGR) of 7.5%.

    The automotive catalytic converter devices market is poised for significant growth over the assessment period (2025 to 2035). The market is expected to reach USD 151.1 billion by 2035, up from USD 61.6 billion in 2024. The market is projected to expand at a CAGR of 8.6% during the forecast period of 2025 to 2035.

    The global lavatory service vehicles market is expected to reach USD 3,766 million by 2035, up from USD 2,283 million in 2024. During the forecast period (2025 to 2035), the market is projected to expand at a CAGR of 4.8%.

    Related Posts
    Workflow Automation Market Outlook 2025: Business Expansion, Market Trends, and Future Predictions
    Workflow Automation Market Outlook 2025: Business Expansion, Market Trends, and Future Predictions
    Smart Contracts Market 2032 Industry Overview, Evolution Growth Rate and Future Forecasts 2025-2032
    Smart Contracts Market 2032 Industry Overview, Evolution Growth Rate and Future Forecasts 2025-2032
    Predictive Maintenance Market 2025-2032: Industry Outlook, Trends Analysis, New Opportunities, and Prospects
    Predictive Maintenance Market 2025-2032: Industry Outlook, Trends Analysis, New Opportunities, and Prospects
    Oilseed Market to Expand at a CAGR of 5.3% by 2032 – Growth Drivers & Forecast Analysis
    Oilseed Market to Expand at a CAGR of 5.3% by 2032 – Growth Drivers & Forecast Analysis
    Offshore Decommissioning Market Predicted to Reach USD 12.27 Billion by 2032, Growing at a CAGR of 6.3% | Coherent Market Insights
    Offshore Decommissioning Market Predicted to Reach USD 12.27 Billion by 2032, Growing at a CAGR of 6.3% | Coherent Market Insights
    Flea And Tick Products Market Anticipated to flourish at a CAGR of 9.32% from 2025 to 2032
    Flea And Tick Products Market Anticipated to flourish at a CAGR of 9.32% from 2025 to 2032
    Customer Data Platform Market Growth Probability, Key Vendors and Future Scenario Up To 2032
    Customer Data Platform Market Growth Probability, Key Vendors and Future Scenario Up To 2032
    Carbon Dioxide Utilization Market to Hit $14.38 Bn by 2032 with a CAGR of 13.6% According to Coherent Market Insights
    Carbon Dioxide Utilization Market to Hit $14.38 Bn by 2032 with a CAGR of 13.6% According to Coherent Market Insights
    Beauty Supplements Market Anticipated to flourish at a CAGR of 5.55% from 2025 to 2032, reaching USD 4,591 Million by 2032
    Beauty Supplements Market Anticipated to flourish at a CAGR of 5.55% from 2025 to 2032, reaching USD 4,591 Million by 2032
    AI Governance Market Size & Forecast 2025-2032 : Emerging Business Opportunities and Growth Prospects
    AI Governance Market Size & Forecast 2025-2032 : Emerging Business Opportunities and Growth Prospects
    Wireline Services Market to Reach USD 47.13 Billion by 2032 with a 7.0% CAGR According to Coherent Market Insights
    Wireline Services Market to Reach USD 47.13 Billion by 2032 with a 7.0% CAGR According to Coherent Market Insights
    U.S. Hospitality Staffing Market to be Worth USD 258.72 Billion by 2032: Coherent Market Insights
    U.S. Hospitality Staffing Market to be Worth USD 258.72 Billion by 2032: Coherent Market Insights

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Research Reports PostElectrical Steel Market Set to Surge at 8.5% CAGR to Reach USD 69.4 Million by 2034
    Next Research Reports PostIndustrial Fastener Market Forecasted to Reach $186.2 Billion with 5.1% CAGR by 2034

    More from Research Reports

    Explore more articles in the Research Reports category

    Transcutaneous Electrical Nerve Stimulation Market to Reach USD 5.52 Billion by 2032, Growing at 4.4% CAGR from USD 4.08 Billion in 2025

    Transcutaneous Electrical Nerve Stimulation Market to Reach USD 5.52 Billion by 2032, Growing at 4.4% CAGR from USD 4.08 Billion in 2025

    Network Detection and Response (NDR) Market 2025 Is Booming Worldwide by 2032

    Network Detection and Response (NDR) Market 2025 Is Booming Worldwide by 2032

    Rhinoplasty Implants Market Forecast to Surge to USD 3.24 Billion by 2032, Registering Robust 17% CAGR from USD 1.07 Billion in 2025

    Rhinoplasty Implants Market Forecast to Surge to USD 3.24 Billion by 2032, Registering Robust 17% CAGR from USD 1.07 Billion in 2025

    Polyamide 12 Market Is Booming So Rapidly with CAGR of 5.9% According to Coherent Market Insights

    Polyamide 12 Market Is Booming So Rapidly with CAGR of 5.9% According to Coherent Market Insights

    Olive Oil Market to Hit $35.10 Bn by 2032 with a CAGR of 5.7% According to Coherent Market Insights

    Olive Oil Market to Hit $35.10 Bn by 2032 with a CAGR of 5.7% According to Coherent Market Insights

    Nail Polish Market Is Booming So Rapidly with CAGR of 6.9% Size and YoY Growth Rate, 2025-2032

    Nail Polish Market Is Booming So Rapidly with CAGR of 6.9% Size and YoY Growth Rate, 2025-2032

    Modular Storage System  Market Size, Share 2025 Analysis of Rising Business Opportunities with Prominent Investment, Forecast to 2032

    Modular Storage System Market Size, Share 2025 Analysis of Rising Business Opportunities with Prominent Investment, Forecast to 2032

    Healthcare Data Monetization Market to Reach USD 3,061.6 Million, Globally by 2032 at 16.2% CAGR: Coherent Market Insights

    Healthcare Data Monetization Market to Reach USD 3,061.6 Million, Globally by 2032 at 16.2% CAGR: Coherent Market Insights

    Health Insurance Market Set to Double by 2032, Growing from USD 3.13 Billion in 2025 to USD 5.99 Billion at 9.7% CAGR

    Health Insurance Market Set to Double by 2032, Growing from USD 3.13 Billion in 2025 to USD 5.99 Billion at 9.7% CAGR

    Health Caregiving Market to Exceed USD 521.61 Billion by 2032, Expanding at 12.2% CAGR from USD 233.02 Billion in 2025

    Health Caregiving Market to Exceed USD 521.61 Billion by 2032, Expanding at 12.2% CAGR from USD 233.02 Billion in 2025

    Forensic Swab Market Expected to Hit USD 7.40 Billion by 2032, Rising at 5.8% CAGR from USD 4.98 Billion in 2025

    Forensic Swab Market Expected to Hit USD 7.40 Billion by 2032, Rising at 5.8% CAGR from USD 4.98 Billion in 2025

    Embedded Systems Market To Witness Substantial Growth, 2025-2032

    Embedded Systems Market To Witness Substantial Growth, 2025-2032

    View All Research Reports Posts