Global Light Vehicle Seating Market to exceed $ 84100 Mn by 2025

October 15, 2019


According to the new research report available at MarketStudyReport.com under the title ‘Global Light Vehicle Seating Market Insights, Forecast to 2025’, the worldwide light vehicle seating market is predicted to accrue US $84100 million by the year 2025.
 

Light vehicle seating is a type of automobile seat which is fixed on some commercial vehicles and passenger cars whose total weight is less than 3.5T. It is an assembly of sponge, seat frame, fabric and other light weight components.
 

The major drivers of vehicle seating market include safety, comfort and flexibility. Rapid innovation and developments in the automotive industry are propelling the market growth. Major players are focusing to change their offerings related to seat designs due to intense competition in the market. Factors such as flexibility of seating configurations, use of diverse seat fabrics & designs, and advanced assembly mechanism will augment light vehicle seating market growth.
 

According to the report, light vehicle seating market was worth US $63900 million in 2019 and is anticipated to grow with a CAGR of 3.5% over the forecast timeframe. The study also provides a comprehensive insight about trends, drivers, challenges, and opportunities impacting the market growth.
 

Considering the product type, the market is fragmented as genuine leather seat, fabric seat, and others. While speaking of the application spectrum, light vehicle seating market is segmented as SUV, sedan, and others.
 

Request sample copy of this Report@ https://www.marketstudyreport.com/request-a-sample/1663764/
 

Based on the geographical landscape, the light vehicle seating industry is bifurcated into five major regions; Russia, Germany, France, Italy, UK, and rest of Europe fall under Europe; North America comprise of Mexico, United States, and Canada; Asia Pacific consists of Vietnam, China, Malaysia, Japan, India, Thailand, Australia, Indonesia, Philippines, and South Korea; Brazil and rest of South America come under Central & South America; and Middle East & Africa is split into Turkey, South Africa, GCC Countries, Egypt, and rest of Middle East & Africa.
 

The prominent companies operating in light vehicle market include Jiangsu Yuhua, Johnson Controls, Zhejiang Jujin, Lear, GSK Group, Faurecia, Beijing GoldRare, Toyota Boshoku, Wuhu Ruitai, Magna, Sitech, TS TECH, Hyundai Dymos, NHK Spring, and Tachi-S.