Global Automotive Smart Seating Systems Market to grow at a CAGR of 8.59% during the period 2016 - 2020; Finds New Report

Report forecast the global automotive smart seating systems market to grow at a CAGR of 8.59% during the period 2016-2020.

Smart seats are expensive units. Hence, they are considered as a luxury item and are most often found in the luxury cars segment. The rising preference of customers toward long-distance travelling will push the adoption of smart seats among the outreach segments, like mid-segment cars, further widening the smart seats market.

The report covers the present scenario and the growth prospects of the global automotive smart seating systems market for 2016-2020. To calculate the market size, the report considers the unit shipment of smart seats in vehicles across all regions. It also presents the vendor landscape and a corresponding detailed analysis of the top-four vendors in the market.

The market is divided into the following segments based on geography:

• Americas
• APAC
• EMEA

According to the report, one driver that will lead to the growth of this market is the recent rise in long-distance travelling and emergence of new mobility modes. Rising long-distance travel by vehicle owners is the other factor influencing the adoption of smart seats. Smart seats are standard fitment in luxury cars and have good potential for adoption in CVs. Luxury cars are expected to continue their adoption of smart seats during the forecast period, and the reduction of price will pave way for mid-segment vehicles too. Increasing focus toward luxury cars is attributed to the comfort level and safety provided by these vehicles for long-distance travelling.

Further, the report states that a major challenge for this market is the low level of customer satisfaction for smart seats. Vehicle seats are among the least likely to encounter problems among the other components of the vehicle, like displays or the exteriors. Research shows that problems with seats are about 7%, while others problems are in double digits. Despite this, vehicle seats show the lowest level of customer satisfaction compared with other components. Earlier, it was seen that the addition of extra features, like smart seats, can increase customer satisfaction. However, the malfunctioning of smart seats along with the efficiency of the same had an impact on customer satisfaction.

Global Automotive Smart Seating Systems Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Automotive Smart Seating Systems Market: Johnson Controls, Lear, Faurecia, Continental, DURA Automotive Systems and Magna International.

Market driver

• Demand for integration of additional functionality to push adoption of smart seats
• For a full, detailed list, view our report

Market challenge

• Low level of customer satisfaction
• For a full, detailed list, view our report

Market trend

• Development of holistic HMI seats
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 77 pages “Global Automotive Smart Seating Systems Market 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by end users, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

For more information Visit at: http://mrr.cm/3fZ

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