Market Share of Automotive Advanced Seating System Industry
The major players in the Automotive Advanced Seating System Market are Lear Corporation, Continental AG, Faurecia, Toyota Boshaku, NHK, and others. These players are investing heavily in research and development and product innovation to gain a competitive edge over other players.
For instance, in January 2022, Toyota Boshaku Corporation developed seats and interior components for the new LEXUS NX. These seats boast various features, such as an electric retraction mechanism and improved cushioning that effectively distributes body pressure across the buttocks area.
The major players are also entering into strategic partnerships and acquisitions to develop innovative products to enhance the user experience and attract more demand. For instance, in November 2022, Lear Corporation (Lear) made the strategic announcement of acquiring InTouch Automation, a supplier of complex automated testing equipment and Industry 4.0 technologies that are essential to the production of automotive seats.
Automotive Advanced Seating Market Leaders
Lear Corporation
Faurecia
NHK
Continental Ag
Adient
*Disclaimer: Major Players sorted in no particular order
