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What is Driving Demand for Automotive Seat Frame?
Seat frames are very important structures within a car where all front seats consist of seat frames depending on individual specification of the vehicle model. Manufacturers are using innovative materials for seating frames like magnesium alloys that provides higher strength and improved quality of automotive seat frames.
This is one of the crucial factors driving the demand of automotive seating frames in the forecast period. Increase in demand and production of passenger cars in high profit countries like US, Germany, China is also one of the factors expanding the automotive seat frame market in the forecast period.
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Recovery in Automotive Industry is Likely to Amplify Seat Frame Sales
COVID- 19 disrupted the automotive industry in terms of supply and manufacturing of vehicles as well as components. The entire automotive industry suffered huge losses due to closure of manufacturing facilities across the globe due to lockdown which ultimately led to decline in sales of new vehicles of around 12- 15% as compared to 2019 across the globe. Global vehicle production plummeted due to limited supply of parts as well as due to shutdown of production activities.
The market is estimated to recover slowly with the resume of manufacturing facilities around the globe. Recovery in the industry will take time where eventual recovery will lead to rebound in imports and exports of automotive parts. Manufacturers are now focusing on engaging customers using online or mobile channels for enhancing the brand image of the company to retain as many customers as possible.
US and Canada Demand Outlook for Automotive Seat Frame
COVID- 19 had severe impact on the global automotive industry. Sales of new vehicles plummeted by 30% in 2020 due to closure of production facilities that led to decline in demand as well as manufacturing interruptions across major OEMs. The market is slowly gaining momentum with the resume of manufacturing plants around the world which has led to many OEMs to engage in strategies to reduce operational costs and invest in collaborations with other companies.
Manufacturers in US are focusing on developing high quality automotive seat frames that provide the required comfort as well as safety of passengers. Manufacturers provide automotive frames and seating structures for passenger cars, light & heavy commercial vehicles.
Many companies are using technological innovations like sensor systems for seats that adjust automatically with respect to the passenger’s body size and shape. These are some of the crucial factors driving the seat frame market in the region.
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Europe Demand Outlook for Automotive Seat Frame
COVID- 19 had a declining impact in the global economy and the impact was severe for the automotive industry. Global vehicle sales plummeted in 2020 due to decline in demand and closure of manufacturing facilities around the globe due to lockdown. Europe market which is one of the largest automotive hubs in the world was also severely impacted due to COVID- 19 pandemic due to lockdown.
Top players in Europe focus on manufacturing lightweight seating frames using reinforced plastics or carbon fiber instead of metal based materials that reduces the overall weight of the vehicle. Companies focus on cutting edge designs for seating frames by providing advanced seating solutions for customers to ensure safety and comfort.
Who are the key Manufacturers and Suppliers of Automotive Seat Frame?
Some of the leading manufacturers and suppliers of automotive seat frames include
- Faurecia
- Toyota Boshoku
- Adient plc
- Magna International
- Brose
- Hyundai Dymos
- TS Tech and others.
Key players manufacturing automotive seat frames are focusing on providing comfortable automotive frames that provide safety for the passengers as well. Many players manufacture, assemble and test vehicle frame components for automotive OEMs where they focus on designing maximum comfort and safety of the products
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Fireboats Market Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint.
Note:Â Although care has been taken to maintain the highest levels of accuracy in reports, recent market/vendor-specific changes may take time to reflect in the analysis.