United Kingdom Automotive Seats Market is anticipated to grow with rising disposable income of population in next five years.
According to TechSci report on, “United Kingdom Automotive Seats Market – By Region, Competition Forecast & Opportunities, 2027”. United Kingdom automotive seats market may flourish with an impressive CAGR during the forecast period of 2023-2027, on the backbone of growing demand for the premium vehicles and luxurious travelling. Increasing sales of the automotives such as passenger cars specifically surge in the demands for the SUVs are anticipated to drive the growth of the United Kingdom automotive seats market in the upcoming five years. Rising technological advancement along with the research for the product development actively supports the growth of the United Kingdom automotive seats market. Additionally, factors like higher investments from the automotive industry, government, and tendencies of the consumers to spend lavishly over automobile part, coupled with growing demand for the exclusive vehicles from the consumer are some of the major factors supporting the growth of the United Kingdom automotive seats market in the next five years. Growing population of the country and their rising disposable income coupled with the demands for the personal ownership of the vehicles also facilitate the growth of the United Kingdom automotive seats market in the future five years. The market may also establish significant growth due to increasing refurbishing of the vehicle seats. Electric vehicles are quite popular in the country and their demands are rapidly increasing with the rising awareness regarding the toxic exhaust from the traditional automotives combusting petroleum product to fuel the vehicles. The advanced electric vehicles launched in the market have internet enabled functions and artificial intelligence incorporated seats facilitating technologies like powering the seats, heating seats etc. would also substantiate the demand and the growth of the United Kingdom automotive seats market in the forecast period.
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The United Kingdom automotive seats market is segmented by vehicle type, material, seat type, technology, competitional landscape, and regional distribution. Based on vehicle type, the market is further segmented into passenger car, light commercial vehicle (LCV), medium & heavy commercial vehicles (M&HCV), and two-wheeler. Passenger cars are anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years due to increasing demands and thus the sales of the passenger cars. Surge in the demand for the refurbishing of vehicles also fuels the growth of the United Kingdom automotive seats market in the future five years. Medium & heavy commercial vehicles (M&HCV) may also register significant growth in the next five years due to rapidly increasing demands for the SUVs. Premium vehicles and exquisite preferences of the consumers actively drive the growth of the segment as well as the United Kingdom automotive seats market in the forecast years.
By material, the market is fragmented into fabric, synthetic leather, genuine leather, and others. Demands for the genuine leather is anticipated to fuel the United Kingdom automotive seats market in the upcoming five years. Synthetic leather may lead the market segment and hold the largest revenue shares of the market and dominate the market segment in the forecast period due to largest fleet of vehicles using synthetic leather material for the manufacture of the automotive seats. Cost affordability, and efficiency of the material further adds to the growth of the segment. With rising disposable income among the population and growing demand for the premium and aesthetically appeasing vehicles is expected to aid tot the growth of the genuine leather shares, and thus aiding the growth of the United Kingdom automotive seats market in the future five years.
Based on seat type, the market is differentiated between bucket seat and split seat. By technology, the market is bifurcated into standard seat, powered seat, ventilated seats, and others. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among London, East Anglia, Southwest, Southeast, Scotland, East Midlands, and Yorkshire & Humberside.
A partial list of major market players of the United Kingdom automotive seats market includes:
- Faurecia SE
- Adient PLC
- RENATO Auto Spezialsitze GmbH
- Brose Fahrzeugteile GmbH & Co. KG
- Groclin SA
- Lear Corporation
- Sparco SpA
- BRITAX RÖMER Kindersicherheit GmbH
- Swann Systems (UK) Ltd.
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“Rising demand for the advanced seats and use of improved technologies facilitate the market growth. Increasing adoption of premium material for the automotive seats in the exquisite, and luxury cars also aid the market growth. Advanced technologies like powered seats, heating seats further substantiates the growth of the market. Rising investment and technological advancement in the automotive seats are also responsible for the market growth. New market players may invest in the research along with introducing innovative product range to influence the consumers that would help in their brand establishment,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
Higher Vehicle Sales Drive Market Growth
Rapidly increasing sales and production of the automotives drive the growth of the United Kingdom automotive seats market in the upcoming five years. In 2021, 932.49 thousand vehicles were produced in the United Kingdom. Rising disposable income of the population coupled with their tendencies to spend lavishly over automotive parts such as automotive seats, seat covers, etc. support the growth of the Untied Kingdom automotive seats market in the next five years. Higher demands for the premium vehicles, and luxury assets of the vehicles also facilitate the market growth. The consumers influenced through aggressive advertisement coupled with influences from the social media and celebrity promotions, also drives the growth of the Untied Kingdom automotive seats market.
Technological Advancement Facilitates Market Growth
Current leaders of the automotive industry in the United Kingdom have a well established brands with wide product range. The market is quite competitive, and with rapidly evolving technologies, use of better material as per the consumer’s comfort aid to the growth of the United Kingdom automotive seats market in the next five years. Recent years have seen surge in the demand for the powered seats with technological advancement in the automotives, mostly in the medium and heavy commercial vehicle substantiates the growth of the United Kingdom automotive seats market in the future five years.
A drastic shift in preference for bigger cars has almost doubled the share of SUVs over the years. In fact, one-third cars sold in whole European region are SUVs. Premium quality seats, and powered seats are an obvious choice in the SUV cars, thereby aiding the growth of the United Kingdom automotive seats market in the forecast years. SUVs have a variety of seat combinations. For instance, full-size SUVs usually have a first and second row with bucket seats and a last/third row as a 60/40 split bench/bucket. Compact SUVs have first row seats as bucket seats and second-row seats as bench or bucket (may or may not be split). Furthermore, technologies like heated seats, powered and ventilated seats are also gaining popularity and thus substantiating the growth of the United Kingdom automotive seats market in the forecast period.
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