NEWARK, Del, Jan. 11, 2024 (GLOBE NEWSWIRE) -- The global automotive seat heater market size reached US$ 2,871.1 million in 2022. Over the forecast period, global automotive seat heater demand is anticipated to rise at a 6.7% CAGR. Total market value is predicted to increase from US$ 3,030.0 million in 2023 to US$ 5,790.8 million by 2033.
The market for car seat heaters is expanding due to the escalating rivalry in the automotive sector. The availability of straightforward financing for purchasing a vehicle and increased consumer income & affordability are other key reasons propelling the market. Moreover, the expansion of the automotive sector moves the global market's growth.
Gain expert insights and supercharge your growth strategies. Request our market overview sample:
https://www.futuremarketinsights.com/reports/sample/rep-gb-2062
Increasing demand for energy-efficient & comfortable cars, inclination toward premium passenger cars, and acceptance of carbon fiber technology are a few factors expected to propel the automotive seat heater market. The industry is expanding because of the health advantages, which include instantaneous warming and comfort from sore backs. The market is expanding due to the rising aftermarket sales of car seat heaters.
Vehicles with this technology have a feature that allows the driver to customize the temperature of the cushion and backrest independently. Since automotive seat heaters are a relatively new technology, they could not be available in older cars. Nevertheless, with the help of experts providing auto upgrade services, the modifications can be made after the sale. This can also be accomplished with several seat heating kits available.
Seat warmers operate through electrical heating components integrated into the seat cushion or the backseat. In general, the materials are safe and very electrically resistant. Converting electrical energy into thermal energy provides comfort for the seaters. Throughout the forecast period, the automotive seat heater market is expected to surge due to advancements in technology and sophisticated features like adjustable heating levels and controlled, constant warmth.
Key Takeaways from the Market Study-
- The global demand for automotive seat heaters is expected to reach US$ 5,790.8 million by 2033.
- The market is expected to rise at a CAGR of 6.7% from 2023 to 2033.
- The United States is projected to reach a market valuation of US$ 1,154.4 million by 2033.
- Based on region, China is expected to reach US$ 288.9 million by 2033.
- Based on application, the driving seat segment reached a valuation of US$ 1,902.5 million in 2023.
"Due to increasing sales of electric vehicles, the automobile seat heater market is expected to experience high growth through the forecast period. Seat and steering wheel heaters are standard for most electric vehicles to heat a car area without warming the interior. Regarding additional amenities, it is among the best features electric cars (EVs) provide." – says Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.)
Elevate Your Business Strategy! Purchase the Report for Market-Driven Insights:
https://www.futuremarketinsights.com/checkout/2062
Competitive Landscape
Continental AG, Panasonic Corporation, Gentherm Incorporated, and II-VI Incorporated are the leading manufacturers and suppliers of automotive seat heaters listed in the report. Prominent automobile seat heater manufacturers are allocating resources toward ongoing research to provide novel items and augment their manufacturing capabilities to satisfy consumer demand. To increase their presence, they also tend to implement growth strategies such as collaborations, acquisitions, mergers, and facility expansions.
Key Companies Profiled
- Continental AG
- Panasonic Corporation
- Gentherm Incorporated
- II-VI Incorporated
- Seat Comfort Systems, Inc.
- Roadwire LLC
- Rostra Precision Controls Inc.
- Firsten Automotive Electronics Co., Ltd.
- Lear corporation
- Guangzhou Tachibana Electronic Co., Ltd.
Recent Developments -
- In July 2022, II-VI Incorporated acquired Coherent, forming a global leader in materials, networking, and lasers.
- In August 2020, Lear and Gentherm introduced INTU™ Thermal Comfort Seating with ClimateSense™ Technology.
Scope of the Report
| Attribute | Details | |
| Estimated Market Size (2023) | US$ 3,030.0 million | |
| Projected Market Size (2033) | US$ 5,790.8 million | |
| Anticipated Growth Rate (2023 to 2033) | 6.7 % | |
| Historical Data | 2018 to 2022 | |
| Forecast Period | 2023 to 2033 | |
| Quantitative Units | Value (US$ million) and Volume (Units) | |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis | |
| Key Countries Covered |
| |
Request Report Methodology:
https://www.futuremarketinsights.com/request-report-methodology/rep-gb-2062
Automotive Seat Heater Market Segmentation
By Product Type:
- Carbon Fiber Seat Heater
- Resistance Wire Seat Heater
By Vehicle Type:
- Compact
- Mid-size
- Luxury
- SUVs
- Commercial Vehicle
- Recreational Vehicle
By Application:
- Driving Seat
- Passenger seat
By Heat Setting:
- Fixed Setting
- Variable Setting
By Sales Channel:
- OEM
- Aftermarket
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- South Asia Pacific
- East Asia
- Middle East and Africa
Author
Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.
Explore FMI’s Extensive Ongoing Coverage on Automotive Domain
- Auto Ventilated Seats Market Size is expected to grow at a significant CAGR of 8.0% during the forecast period.
- Automotive Seating Systems Market Share reaching a total of approximately US$ 88,833.9 million by the year 2032.
- Automotive Seating Market Growth is anticipated that the market is likely to reach a value of US$ 73,960.9 Million by 2032.
- Valve Seat Insert Market in Western Europe is expected to reach US$ 1,994.65 million by 2034.
- Automotive Garage Equipment Market Demand totalling around US$ 63.1 billion by 2033.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
