Global Automotive Heated Steering Wheel Market 2023-2027

Global Automotive Heated Steering Wheel Market 2023-2027

Technavio has been monitoring the automotive heated steering wheel market and is forecast to grow by 8494.78 th units during 2022-2027, accelerating at a CAGR of 4.51% during the forecast period. Our report on the automotive heated steering wheel market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increases comfort while driving, increase in demand for luxury cars, and rise in auto sales in colder regions.

Technavio's automotive heated steering wheel market is segmented as below:

By Application

• Passenger cars
• Commercial vehicles

By End-user

• OEMs
• Aftermarket

By Geographical Landscape

• APAC
• Europe
• North America
• South America
• Middle East and Africa

This study identifies the advent of biosensors on steering wheels as one of the prime reasons driving the automotive heated steering wheel market growth during the next few years. Also, aluminum extrusion technology advancements in heated steering wheels and the introduction of DSMs on heated steering wheels will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the automotive heated steering wheel market covers the following areas:

• Automotive heated steering wheel market sizing
• Automotive heated steering wheel market forecast
• Automotive heated steering wheel market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive heated steering wheel market vendors that include Autoliv Inc., Bombardier Recreational Products Inc., Gentherm Inc., Hammacher Schlemmer and Co. Inc., I.G. Bauerhin GmbH, Joyson Safety Systems Aschaffenburg GmbH, Seco Komos, Soucy Holding Inc., Symtec Inc., Toyoda Gosei Co. Ltd., ZF Friedrichshafen AG, and Polaris Inc. Also, the automotive heated steering wheel market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.