At 3.5% CAGR, the North America Automotive Seat Market is Projected to be worth US$ 18,429.03 million by 2030, says Business Market Insights

According to Business Market Insights research, the North America automotive seat market was valued at US$ 14,049.41 million in 2022 and is expected to reach US$ 18,429.03 million by 2030, registering a CAGR of 3.5% from 2022 to 2030. Rising demand for premium vehicles and increasing adoption of powered seats in SUVs and MPVs are the critical factors attributed to the North America automotive seat market expansion.

Premium vehicles have gained traction due to technological advancements that enhance driving experience and provide added safety features. Further, increasing disposable income has fueled the sales of premium vehicles. Advanced automotive seats are among the latest technologies incorporated in premium vehicles. Heat/ventilated seats, heating coils, and electrically adjustable seats are a few advanced seat features that add extra comfort and luxury to the consumer. Comfortable seats have become the consumer's choice while traveling long distances. Relaxed, cozy, and restful seats help passengers avoid fatigue and motion sickness while traveling. Market players are constantly unveiling additional features in the automotive seats. Thus, the aforementioned factors are increasing the demand for premium vehicles, thereby driving the North America automotive seat market growth.

On the contrary, high-cost testing processes for startups and SMEs hurdles the growth of North America automotive seat market.

Based on technology, the North America automotive seat market is segmented into heated, heated-ventilated, ventilated, with massage functions, and others. The heated segment held 43.3% share of North America automotive seat market in 2022, amassing US$ 6,078.02 million. It is projected to garner US$ 8,305.23 million by 2030 to expand at 4.0% CAGR during 2022–2030.

Based on adjustment type, the North America automotive seat market is segmented into electrically adjusted, memory type, and manual. The electrically adjusted segment held 68.0% share of North America automotive seat market in 2022, amassing US$ 9,548.36 million. It is projected to garner US$ 12,881.79 million by 2030 to expand at 3.8% CAGR during 2022–2030. The electrically adjusted segment is further segmented into 4 ways, 6 ways, 8 ways, 12 ways, and others. The memory type segment is further segmented into with memory function and without memory function.

Based on vehicle type, the North America automotive seat market is segmented into passenger vehicle, light commercial vehicle, and heavy commercial vehicle. The passenger vehicle segment held 78.6% share of North America automotive seat market in 2022, amassing US$ 11,038.75 million. It is projected to garner US$ 14,703.35 million by 2030 to expand at 3.6% CAGR during 2022–2030.

Based on seat type, the North America automotive seat market is segmented into front row, second row, and third row. The front row segment held 53.4% share of North America automotive seat market in 2022, amassing US$ 7,501.60 million. It is projected to garner US$ 10,046.14 million by 2030 to expand at 3.7% CAGR during 2022–2030. The front row segment is further segmented into regular, bucket, and sports. The second-row segment is further segmented into bench and captain. The third-row segment is further segmented into bench and captain.

Based on country, the North America automotive seat market is segmented into the US, Canada, and Mexico. Our regional analysis states that the US captured 84.4% share of North America automotive seat market in 2022. It was assessed at US$ 11,861.62 million in 2022 and is likely to hit US$ 15,807.36 million by 2030, exhibiting a CAGR of 3.7% during 2022–2030.

Key players operating in the North America automotive seat market report Adient Plc, Forvia, Lear Corp, Magna International Inc, NHK Spring Co Ltd, RECARO Holding GmbH, Tachi-S Engineering USA Inc, Toyota Boshoku Corp, and TS Tech Co Ltd, among others.