Global Japan Automotive Seats Market Size To Grow USD XX.XX Billion By 2030 | CAGR XXCategory: Automotive & Transportation
Japan Automotive Seats Market overview by 2030
Japan Automotive Seats Market expansion is being accelerated by rising automotive industry growth, expanding technological advancements, car manufacturers concentrating on lightweight seats, rising rider comfort, and other growth factors. Increasing demand for hybrid and electric automobiles in Japan pushes higher demand for car seats, fuelling industry expansion. The market in Japan is also benefiting from an increase in automobile production. In order to create and implement a fully automated driving experience, Japan's major automobile sector is placing more emphasis on the development of advanced driver aid technology. The legalisation of autonomous vehicles has advanced in Japan, putting the nation one step closer to fully autonomous driving.
Browse key industry insights spread across 200 pages with 116 market data tables and figures & charts from the report “Japan Automotive Seats Market Size, Share, and COVID-19 Impact Analysis, By Material Type (Genuine Leather, Synthetic Leather, Fabric, Others), By Technology Type (Heated & Powered, Massage, Standard, Memory, Ventilated, Others), By Vehicle Type (Passenger Cars, Commercial Vehicles, Electric Vehicles, Others), Japanese Automotive Seats Market Insights Forecasts to 2030“ in detail along with the table of contents. https://www.sphericalinsights.com/reports/japan-automotive-seats-market
Since the COVID-19 epidemic was limited in Japan by ongoing lockdowns and travel restrictions, it had an effect on the expansion of the vehicle seat market. Exports of Japan-made cars fell by half in April 2020 and hit a low of roughly 184,050 during the coronavirus pandemic and a statewide recession in Japan, before rising and returning to pre-pandemic levels in October 2020. According to the Japanese Automobile Manufacturers Association, sales within Japan decreased from a high of 487,800 units in March to just 176500 units in May.
Vehicle OEMs are under increased pressure to reduce production costs as a result of consumers' growing preference for luxurious and comfortable facilities. The primary market limitations include a small selection of materials, high costs, a challenging manufacturing process, and the requirement for high-quality, cost-effective seats. The market for automobile seats is being constrained by the fact that seats account for around 5% of a vehicle's entire cost. These seats are made in a costly manner.
The synthetic leather segment is witnessing a higher growth rate over the forecast period.
Based on material type, Japan Automotive Seats are segmented into genuine leather, synthetic leather, fabric, and others. Among these, the synthetic leather segment is witnessing a higher growth rate over the forecast period. The automotive parts manufacturers have begun using various synthetic leathers instead of genuine ones, enabling the segment to grow at a significant rate in the years to come. This is due to the rising trend of the Japanese population to become vegans and their growing awareness of the animal cruelty committed in the leather industry.
The heated & powered segment is witnessing significant CAGR growth over the forecast period.
On the basis of technology type, the Japan Automotive Seats market is segmented into heated & powered, massage, standard, memory, ventilated, and others. Among these, the heated & powered segment is expected to grow at a significant CAGR over the forecast period due to its ability to provide both power and heating rate control. Since heated seats are preferred in luxury vehicles, the time frame is likely to see increased growth in the Japanese market.
The passenger cars segment is dominating the market with the largest market share of 55% over the forecast period.
Based on vehicle type, the Japan Automotive Seats market is segmented into passenger cars, commercial vehicles, electric vehicles, and others. Among these, the passenger cars segment dominates the market with the largest market share of 55% over the forecast period. The passenger car segment is dominating the Japanese market share due to rising demand for vehicles such as mid-range sedans, sedans, and luxury sedans.
List of Key Companies
Alps Co., Ltd., TACHI-S Co., Ltd., Marubishi Industries Co., Ltd., IBC Japan Ltd., Toyota Boshoku Corporation, Japan Trust Co., Ltd., SHIGERU, Sas3 Trading Co., Ltd., Daiso Industries Co., Ltd., Marubishi Industry, Delta Kogyo Co., Ltd., Nissan Motor Co., Ltd., Toyo Seat, Arai Shoji Co., Ltd., Houwa Kogyo, Imasen Electric Industrial Co., Ltd., Toyota Tsusho Corporation and many others.
Contact Us: https://www.sphericalinsights.com/contact-us
Need help to buy this report?