According to a recent study by Fact.MR, the automotive seats market is projected to grow at a steady rate during the 2017-2022 period with the global sales poised to surpass US$ 34 billion in 2019. Bolstering automobile sales, the introduction of novel and innovative products, and increasing production are some of the factors contributing significantly to automotive seats market proliferation.
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The gradual digitalization of automotive seat production supply chain is likely to bolster production while enabling manufacturers in substantially reducing the cost incurred during the process. Integration of software platforms such as 3D graphics designers is allowing manufacturers to gain greater control over seat cover designs and make substantial savings on material costs. Additionally, these applications are enabling automotive seat manufacturers in the production of seat covers with efficient positioning of seams to ensure effective distribution of stress and compression making them durable and better fitting. These capabilities coupled with the benefits of synthetic leather are finding increasing usage in the automotive seats production. Fact.MR opines the factor is expected to play a vital role in popularizing the use of synthetic leather as seat covers in the automotive seats market with revenues generated from sales of seats using the material estimated to be valued at more than US$ 22 billion in 2019.
Additive Manufacturing Poised to Gain Widespread Popularity in Automotive Seats Production
Automotive seat manufacturers are constantly investing in research and development of 3D printers which could efficiently aid in the production of lightweight, durable, and cost-effective components for automobile seats. Currently, the production of a simple and efficient seat bracket requires procuring eight different parts. With the use of additive manufacturing, the seat bracket can be manufactured at once. The technique allows the production of complex components of seat efficiently, quickly, and cost-effectively.
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Consumer-centric Technological Innovations in Seating Systems to Uphold Market Growth
Automobile manufacturers are constantly seeking novel and innovative products to meet the burgeoning consumer expectations for comfort, luxury, and safety inside vehicles. Automotive seating is slowly emerging as a key determinant influencing consumer preferences. In order to consolidate their position in the automotive seats market, manufacturers are increasingly integrating automotive electronics for production of innovative products. Additionally, the growing possibility of autonomous vehicles going mainstream in the foreseeable future is prompting automotive seat manufacturers to invest heavily in research and development of seating systems which would meet the requirements of the upcoming range of automated vehicles. These factors are causing the development of advanced automotive seating systems such as multi-way adjustable control-powered seats, stress and fatigue detecting seats, seats equipped with massagers, and memory seats which could automatically adjust according to defined parameters. Intensive ongoing research in the area is likely to open new opportunities for automotive seat manufacturers.
To capitalize on the burgeoning demand for automotive seats, Toyota Boshoku announced signing a Memorandum of Understanding (MoU) with Toyo Seats Co., Ltd., and Delta Kogyo Co., Ltd., to form a joint venture for the manufacturing of automotive seats in the US. The newly formed alliance is aiming to leverage the expertise of each of the partners for acquiring an order from the Mazda Toyota joint venture in the US which is scheduled to begin production of vehicles from 2021. Other key players operating in the automotive seats market include TACHI-S Co., Ltd., IFB Industries Limited, and Adient Plc.
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We are an insights-driven global market intelligence company with a unique purpose: enabling organizations make better decisions. We do this by creating an ecosystem where an eclectic cognitive collaboration between human imagination and data science leads to path breaking ideas.
Our vision is to foster a pervasive culture where critical business decisions are taken on the basis of facts rather than assumptions and perceptions.
Our mission is empowerment – empowerment of free-thought; empowerment of fact-based decisions; empowerment of decisive action.
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The gradual digitalization of automotive seat production supply chain is likely to bolster production while enabling manufacturers in substantially reducing the cost incurred during the process. Integration of software platforms such as 3D graphics designers is allowing manufacturers to gain greater control over seat cover designs and make substantial savings on material costs. Additionally, these applications are enabling automotive seat manufacturers in the production of seat covers with efficient positioning of seams to ensure effective distribution of stress and compression making them durable and better fitting. These capabilities coupled with the benefits of synthetic leather are finding increasing usage in the automotive seats production. Fact.MR opines the factor is expected to play a vital role in popularizing the use of synthetic leather as seat covers in the automotive seats market with revenues generated from sales of seats using the material estimated to be valued at more than US$ 22 billion in 2019.
Additive Manufacturing Poised to Gain Widespread Popularity in Automotive Seats Production
Automotive seat manufacturers are constantly investing in research and development of 3D printers which could efficiently aid in the production of lightweight, durable, and cost-effective components for automobile seats. Currently, the production of a simple and efficient seat bracket requires procuring eight different parts. With the use of additive manufacturing, the seat bracket can be manufactured at once. The technique allows the production of complex components of seat efficiently, quickly, and cost-effectively.
Browse Full Report at: https://www.factmr.com/report/42/automotive-seating-market
Consumer-centric Technological Innovations in Seating Systems to Uphold Market Growth
Automobile manufacturers are constantly seeking novel and innovative products to meet the burgeoning consumer expectations for comfort, luxury, and safety inside vehicles. Automotive seating is slowly emerging as a key determinant influencing consumer preferences. In order to consolidate their position in the automotive seats market, manufacturers are increasingly integrating automotive electronics for production of innovative products. Additionally, the growing possibility of autonomous vehicles going mainstream in the foreseeable future is prompting automotive seat manufacturers to invest heavily in research and development of seating systems which would meet the requirements of the upcoming range of automated vehicles. These factors are causing the development of advanced automotive seating systems such as multi-way adjustable control-powered seats, stress and fatigue detecting seats, seats equipped with massagers, and memory seats which could automatically adjust according to defined parameters. Intensive ongoing research in the area is likely to open new opportunities for automotive seat manufacturers.
To capitalize on the burgeoning demand for automotive seats, Toyota Boshoku announced signing a Memorandum of Understanding (MoU) with Toyo Seats Co., Ltd., and Delta Kogyo Co., Ltd., to form a joint venture for the manufacturing of automotive seats in the US. The newly formed alliance is aiming to leverage the expertise of each of the partners for acquiring an order from the Mazda Toyota joint venture in the US which is scheduled to begin production of vehicles from 2021. Other key players operating in the automotive seats market include TACHI-S Co., Ltd., IFB Industries Limited, and Adient Plc.
Request for the Customization of the report: https://www.factmr.com/connectus/sample?flag=RC&rep_id=42
About Us
We are an insights-driven global market intelligence company with a unique purpose: enabling organizations make better decisions. We do this by creating an ecosystem where an eclectic cognitive collaboration between human imagination and data science leads to path breaking ideas.
Our vision is to foster a pervasive culture where critical business decisions are taken on the basis of facts rather than assumptions and perceptions.
Our mission is empowerment – empowerment of free-thought; empowerment of fact-based decisions; empowerment of decisive action.
For More Information Kindly Contact:
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Tel: +353-1-4434-232
Mail: sales@factmr.com
Read Blog: https://theheraldmedia.com/
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