Market Research Future (MRFR) has launched a new release on the global Electrical Tapes Market. The report presents a thorough overview of the global [FURL=https://www.marketresearchfuture.com/reports/ventilated-seats-market-8327]Ventilated Seats Sales [/FURL] on the back of a detailed analysis of the market’s historical growth trajectory and leading segments. The market’s historical growth trajectory is assessed in detail in the report in order to understand the major factors underlying the market’s growth in the study period.Market Synopsis:
Ventilated seats offer various benefits such as reduced seat temperature of the vehicle while parked in the sun and improved experience for the passengers and drivers, especially during long drives. The growing demand for intelligent air conditioning technology within automobiles further drives the market growth. The ventilated seats are sold through various car dealers, franchise, and private party sales. Furthermore, the stringent vehicular emissions regulations and the growing demand for head-area ventilation, add to the growth of this market. The unorganized aftermarket, high price associated with seat ventilations system, lack of skilled operator, and head dissipation during ventilation operation are hindering the market growth.
Market Research Analysis
In terms of region, the global market for the ventilated seats is segmented as Europe, Asia-Pacific, North America, and the rest of the world. Asia-Pacific is expected to dominate the market during the forecast period owing to the growing automobile production and sales from China, Indonesia, Thailand, and Japan. Moreover, the growing population and rising disposable income are expected to boost the demand for ventilated seats in this region. Furthermore, the focus to reduce vehicle emissions, accelerates the growth of this market. In the Asia-Pacific market, China holds the largest share and is projected to grow rapidly owing to the developing economies, growing production and sales of e-buses, presence of major automotive OEMs, and growing industrialization.
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North America is poised to grow at a high rate in global Ventilated Seats Sales during forecast period owing to the various key players such as Adient plc, Autotrader, and Lear Corporation in the US, which lead to the growth of this market. In North America, the US is expected to hold a larger share than Canada and is projected to grow with a higher CAGR during the forecast period due to the increased demand for mid-sized engine capacity vehicle, growing spending power, the availability of suitable credit payment options, and stable economy. Such factors also lead to the growth of the market in North America.
The market in Europe is growing due to stringent vehicle emission norms and presence of major automotive OEMs such as BMW, Audi, Volkswagen, and
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