Market Share of Europe Automotive Seat Industry
The European automotive seat market is consolidated and majorly dominated by a few players, such as Adient PLC, Faurecia, and others. The market is highly driven by factors like advanced technology, more comfort, growing investment in R&D projects, and a growing market of electric and autonomous vehicles around the region. To provide a more luxurious experience to the people, major automotive seat manufacturers are investing in R&D. For instance,
In July 2023, at the IAA Mobility 2023 event in Munich, Germany, Faurecia announced its technology in three strategic growth areas: electrification and energy management, safe and automated driving, and digital and sustainable cockpit experiences. Forvia will demonstrate seats, electronics, interiors, lighting, HMI, and displays that help to reduce CO2 emissions in the cockpit.
Europe Automotive Seat Market Leaders
Adient PLC
Lear Corporation
Recaro Group
Faurecia
Groclin S.A
*Disclaimer: Major Players sorted in no particular order
