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Automotive Recliner Seat Market Key Market Opportunities In the To 2021-2031

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Dinesh B
Automotive Recliner Seat Market Key Market Opportunities In the To  2021-2031

 Automotive Recliner Seat Market: Introduction

  • Rising demand for enhanced comfort level in vehicles among consumers and increasing automotive production and sales propel the automotive recliner seat market.
  • Automotive recliner seats comprise seat cushion, spiral springs, and seat back. The seat back has lower and upper mounted arms, and the spiral springs are used for radial forces and for locking and unlocking functions. Recliner seats are made from chromium steel or magnesium, which possesses high strength to survive high impact forces and accidents. Recliners seats are installed in passenger and commercial vehicles to provide comfort and safety to passengers.

Key Drivers of Automotive Recliner Seat Market

  • Increasing adoption of vehicles across the world enhances the demand for automotive recliner seat. Automobiles have powerful IC engines and the integration of latest technology, advanced sensors, and other comfort level components. These components include advanced seating solution, safety related products, and other decorative interiors. In 2020, global automotive production was around 78 Mn, which witnessed the decline of around 16%, as compared to the production data of 2019. Increase in production of vehicles that are integrated with recliner seats further drives the global automotive recliner seats market.
  • Consumers developed countries possess high spending capacity, which increases the demand for seat replacement with recliners in their cars and other vehicles. Demand for replacement is increasing due to rising preference for comfort and safety, which in turn is further fueling the aftermarket segment of the global automotive recliner seats. Therefore, rising disposable income of customers boosts the adoption of automotive recliner seats.

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Challenges in Automotive Recliner Seat Market

  • Automotive recliner seats are equipped with various advanced features that are widely used in premium or luxury vehicles, which in turn restrains the automotive recliner seat market. On the other hand, the manufacturing cost of recliner seats is also considerably high; hence they are widely installed in premium vehicles or witness high demand in the aftermarket. Therefore, high cost associated with the automotive recliner seat hampers the market.
  • The COVID-19 pandemic hampered a majority of global businesses, and the lockdowns forced people to stay at home, which further stopped the manufacturing processes of automotive and its components. Moreover, the pandemic disrupted the global supply chains, which resulted in shortage of raw material that is required for vehicle parts manufacturing. This supply shortage also hampered the demand in the aftermarket and consequently, restrained the automotive recliner seat market.

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Opportunities in Automotive Recliner Seat Market

  • The automotive industry is increasingly focused on the development of complete automated driving experiences with increasing level of comfort and safety in the vehicles. The comfort and safety of the vehicle is increased by installation of several technologically advanced components in the seat and vehicle, which includes seat comfort system, climate control unit, automatic breaking systems, and surveillance systems. For instance, Faurecia is considered as leading player in seat manufacturing, recently launched an automotive recliner seat, which helped to detect passenger’s or driver’s health condition such as heart rate, and respiration. It also provides other comforting features such as energizing massage, and warming or cooling as per requirement. Such innovation in seating solutions is expected to propel the market during the forecast period.
  • Demand for premium and luxury vehicles across the globe is rising, which boosts the automotive recliner seat market. Premium and luxury cars possess advanced and innovative features. Moreover, these vehicles also offer significantly high level of safety and comfort, which is expected to drive the market. Moreover, governments across the globe are offering several incentives for purchase of electric vehicles and its part manufacturers in order to boost the production of electric vehicles. Electric vehicles also contain advanced seating systems, which further augments the automotive recliner seat market.

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Key Players Operating in Automotive Recliner Seat Market

The automotive recliner seat market is highly consolidated. A few of the key players operating in the global automotive recliner seat market are:

  • Robert Bosch GmbH
  • Continental AG
  • Tangtring Seating Technology Inc.
  • Kongsberg Automotive Holding ASA
  • Toyota Motor Corporation
  • Gentherm Inc.
  • Faurecia SE
  • Lear Corporation
  • Alfmeier Präzision SE
  • Aircare Systems (Seating Direct International)
  • II-VI Incorporated
  • Elektrosil GmbH
  • Xi'an Huihong Vehicle Parts Company Limited

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