Insights on the Global Automotive Seat Massage System Market 2020-2024 | COVID-19 Analysis, Drivers, Restraints, Opportunities and Threats | Technavio

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The global automotive seat massage system market size is expected to grow by USD 556.08 million during 2020-2024, progressing at a CAGR of almost 5% during the forecast period. Download Free Sample Report

This press release features multimedia. View the full release here: Insights on the Global Automotive Seat Massage System Market 2020-2024 | COVID-19 Analysis, Drivers, Restraints, Opportunities and Threats | Technavio

Technavio has announced its latest market research report titled Global Automotive Seat Massage System Market 2020-2024 (Graphic: Business Wire)


The reduction in driver fatigue by using seat massage systems is one of the major factors propelling market growth. However, factors such as the increasing cost pressure faced by OEMs are hampering market growth.

The increase in technological advancements and the rise in disposable income is encouraging automotive manufacturers to focus on comfort and safety features of vehicles. The seat massage system is one of the major comfort features in vehicles, which provides protection and reduces the fatigue and pain of the driver. Moreover, seat massage system also prevents excess stress on the muscles and tendons of the drivers, as they are made of inflatable bladders that generate a pulsating motion to give a massaging effect. Such benefits will result in an increase in the demand for automotive seat massage systems to enhance the comfort level of vehicles.

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Global Automotive Seat Massage System Market: Type Landscape

Based on vehicle type segmentation, the passenger car segment is going to have a lucrative growth during the forecast period owing to the increasing sales volume and the growing demand for passenger cars. Moreover, with the rising preference by consumers for comfort and luxury, the passenger car segment is expected to witness significant growth.

Global Automotive Seat Massage System Market: Geographic Landscape

By geography segmentation the European region is expected to witness lucrative growth and will offer several growth opportunities to market vendors during the forecast period. The growth of the automotive seat massage system market can be attributed to factors such as the high penetration percentage of luxury cars in the region. Germany, France, and the UK are the key markets for automotive seat massage systems in Europe.

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Companies Covered

• Adient Plc
• Champion Seat Systems
• Continental AG
• Faurecia SA
• InSeat Solutions LLC
• Kongsberg Automotive ASA
• Lear Corp.
• Magna International Inc.
• Rostra Precision Controls Inc.
• Toyota Boshoku Corp.

What our reports offer:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers market data for 2019, 2020, till 2024
• Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Automotive Seat Massage System Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist automotive seat massage system market growth during the next five years
• Estimation of the automotive seat massage system market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the automotive seat massage system market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of automotive seat massage system market, vendors

Table of Contents:

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Five forces summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Application

• Market segments
• Comparison by Application
• Passenger cars - Market size and forecast 2019-2024
• Commercial vehicles - Market size and forecast 2019-2024
• Market opportunity by Application

Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• Europe - Market size and forecast 2019-2024
• North America - Market size and forecast 2019-2024
• APAC - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

• Overview
• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Adient Plc
• Champion Seat Systems
• Continental AG
• Faurecia SA
• InSeat Solutions LLC
• Kongsberg Automotive ASA
• Lear Corp.
• Magna International Inc.
• Rostra Precision Controls Inc.
• Toyota Boshoku Corp.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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View source version on businesswire.com: Insights on the Global Automotive Seat Massage System Market 2020-2024 | COVID-19 Analysis, Drivers, Restraints, Opportunities and Threats | Technavio

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