North America Automotive Seat Market

Historic Data: 2020-2021   |   Base Year: 2022   |   Forecast Period: 2023-2030

Analysis - by Technology (Heated, Heated-Ventilated, Ventilated, With Massage Functions, and Others), Adjustment Type (Electrically Adjusted and Manual), Vehicle Type (Passenger Vehicle, Light Commercial Vehicle, and Heavy Commercial Vehicle), and Seat Type (Front Row, Second Row, and Third Row)


No. of Pages: 147    |    Report Code: BMIRE00029144    |    Category: Automotive and Transportation

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North America Automotive Seat Market
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The North America automotive seat market is expected to grow from US$ 14,049.41 million in 2022 to US$ 18,429.03 million by 2030. It is estimated to grow at a CAGR of 3.5% from 2022 to 2030.

Increasing Adoption of Powered Seats in SUVs and MPVs Drives North America Automotive Seat Market

Sport utility vehicles (SUVs) and multi-purpose vehicles (MPVs) are widely purchased by consumers who frequently travel long distances. These vehicles have gained immense demand due to features such as more accommodation, comfortable seats, and luggage space. The high seating position in these vehicles allows the driver to get a superior view of the road with good visibility, which help make better judgment while maneuvering. Seats in these vehicles alleviate the driver and passengers’ comfort for longer tours, drastically shifting the consumer's preference toward SUVs and MPVs. According to International Energy Agency (IEA), in December 2021, the number of SUVs increased by 35 million in 2021 compared to 2020 globally. Its sales increased by 10% in 2021 compared to 2020. Market players are launching vehicles with various features to cater to the growing demand from consumers for SUVs and MPVs. In August 2021, Toyota Motor Corporation (Toyota) launched a new Land Cruiser with rearward front seats and revised second and third row seats. The third row seats can be retracted to make luggage loading and unloading easier; seats also feature motorized stowing to generously increase legroom and boot space. Thus, such vehicles are driving the demand for automotive seats.

North America Automotive Seat Market Overview

The North America automotive seat market is segmented into the US, Canada, and Mexico. North America is the hub of technological development. The manufacturing industry is one of the major contributors to the region’s economy. Thus, governments in the region are increasing their investments to boost their manufacturing industry further. In January 2021, the US President announced the plan to strengthen the US manufacturing sector under the “Made in America” initiative, which focused on making the manufacturing sector technologically advanced and automated. He announced an investment of US$ 300 billion for the R&D and inclusion of advanced technologies to boost the country's production output, focusing on electric vehicle production. In September 2022, the President announced the plan to achieve a target of electric vehicles accounting for a 50% share of the total vehicles sold by 2030. To meet the target, companies such as Honda, Toyota, General Motors, Ford Motor Company, and Panasonic announced investments in manufacturing in North Carolina, Missouri, Michigan, Kansas, Ohio, and elsewhere. Growing initiatives by the government and rising investments in the manufacturing of electric vehicles are generating the demand for automotive seats and fueling the North America automotive seat market in North America. Market players such as Lear Corp, Adient Plc, Magna International Inc, and Tachi-S Engineering USA Inc are engaged in product development, partnerships, mergers, and acquisitions to boost their revenue and stay competitive in the North America automotive seat market. In January 2020, Adient Plc announced an investment of US$ 23.5 million to expand its manufacturing facility in Lexington, Tennessee. In February 2022, Lear Corp completed the acquisition of Kongsberg Automotive’s Interior Comfort Systems (ICS) business unit for US$ 198 million (EUR 175 million). This acquisition helped Lear Corp advance its seat component capabilities and expand its product offerings in increasingly popular thermal and comfortable seating solutions, such as seat heating, ventilation, massage, and lumbar support.

North America Automotive Seat Market Revenue and Forecast to 2030 (US$ Million)

North America Automotive Seat Market Segmentation 

 

The North America automotive seat market is segmented into technology, adjustment type, vehicle type, seat type, and country.

Based on technology, the North America automotive seat market is segmented into heated, heated-ventilated, ventilated, with massage functions, and others. In 2022, the heated segment registered the largest share in the North America automotive seat market.

Based on adjustment type, the North America automotive seat market is segmented into electrically adjusted, memory type, and manual. In 2022, the electrically adjusted segment registered the largest share in the North America automotive seat market. 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. In 2022, the passenger vehicle segment registered the largest share in the North America automotive seat market.

Based on seat type, the North America automotive seat market is segmented into front row, second row, and third row. In 2022, the front row segment registered the largest share in the North America automotive seat market. 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. In 2022, the US registered the largest share in the North America automotive seat market.

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 are some of the leading companies operating in the North America automotive seat market.


North America Automotive Seat Strategic Insights

Strategic insights for the North America Automotive Seat provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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North America Automotive Seat Report Scope

Report Attribute Details
Market size in 2022 US$ 14,049.41 Million
Market Size by 2030 US$ 18,429.03 Million
Global CAGR (2022 - 2030) 3.5%
Historical Data 2020-2021
Forecast period 2023-2030
Segments Covered By Technology
  • Heated
  • Heated-Ventilated
  • Ventilated
  • With Massage Functions
By Adjustment Type
  • Electrically Adjusted
  • Memory Type
  • Manual
By Vehicle Type
  • Passenger Vehicle
  • Light Commercial Vehicle
  • Heavy Commercial Vehicle
By Seat Type
  • Front Row
  • Second Row
  • Third Row
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Market leaders and key company profiles
  • Adient Plc
  • Forvia
  • Lear Corp
  • Magna International Inc
  • NHK Spring Co Ltd
  • RECARO Holding GmbH
  • Tachi-S Engineering USA Inc
  • Toyota Boshoku Corp
  • TS Tech Co Ltd
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    North America Automotive Seat Regional Insights

    The geographic scope of the North America Automotive Seat refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    The List of Companies - North America Automotive Seat Market

    1. Adient Plc                   
    2. Forvia                                                
    3. Lear Corp                   
    4. Magna International Inc                   
    5. NHK Spring Co Ltd                                  
    6. RECARO Holding GmbH                        
    7. Tachi-S Engineering USA Inc             
    8. Toyota Boshoku Corp                  
    9. TS Tech Co Ltd          
    Frequently Asked Questions
    How big is the North America Automotive Seat Market?

    The North America Automotive Seat Market is valued at US$ 14,049.41 Million in 2022, it is projected to reach US$ 18,429.03 Million by 2030.

    What is the CAGR for North America Automotive Seat Market by (2022 - 2030)?

    As per our report North America Automotive Seat Market, the market size is valued at US$ 14,049.41 Million in 2022, projecting it to reach US$ 18,429.03 Million by 2030. This translates to a CAGR of approximately 3.5% during the forecast period.

    What segments are covered in this report?

    The North America Automotive Seat Market report typically cover these key segments-

    • Technology (Heated, Heated-Ventilated, Ventilated, With Massage Functions)
    • Adjustment Type (Electrically Adjusted, Memory Type, Manual)
    • Vehicle Type (Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle)
    • Seat Type (Front Row, Second Row, Third Row)

    What is the historic period, base year, and forecast period taken for North America Automotive Seat Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Automotive Seat Market report:

  • Historic Period : 2020-2021
  • Base Year : 2022
  • Forecast Period : 2023-2030
  • Who are the major players in North America Automotive Seat Market?

    The North America Automotive Seat Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Adient Plc
  • Forvia
  • Lear Corp
  • Magna International Inc
  • NHK Spring Co Ltd
  • RECARO Holding GmbH
  • Tachi-S Engineering USA Inc
  • Toyota Boshoku Corp
  • TS Tech Co Ltd
  • Who should buy this report?

    The North America Automotive Seat Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the North America Automotive Seat Market value chain can benefit from the information contained in a comprehensive market report.

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