Global Automotive Racing Seat Market 2024-2028
The automotive racing seat market is forecasted to grow by USD 909.61 mn during 2023-2028, accelerating at a CAGR of 11.45% during the forecast period. The report on the automotive racing seat 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 the lightweight of seats contributing to desired emission levels and fuel economy, the market for high-performance vehicles driving sales volume of racing seats, and the growing popularity of racing events in developing economies.
Technavio's automotive racing seat market is segmented as below:
By Type
- High-performance
- Eco-performance
By Application
- Sports cars
- Rally vehicles
- Touring vehicles
By Geographical Landscape
- Europe
- North America
- APAC
- South America
- Middle East and Africa
This study identifies the emergence of autonomous and EV market as one of the prime reasons driving the automotive racing seat market growth during the next few years. Also, evolution of smart seats as next form of high-performance design and rise in high net worth individual population will lead to sizable demand in the market.
The report on the automotive racing seat market covers the following areas:
- Automotive racing seat market sizing
- Automotive racing seat market forecast
- Automotive racing seat market industry analysis
The 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 racing seat market vendors that include Adient Plc, BRAUM Racing, COBRA SEATS, Corbeau USA LLC, Faurecia SE, Fisher and Co., GRAMMER AG, InterActiveCorp., Kirkey Racing Seats, Lear Corp., MasterCraft Safety, MW Company LLC, NRG Innovations, OMP Racing SPA, Racetech Manufacturing Ltd., RECARO Holding GmbH, Shiloh Industries LLC, Sparco S.p.A, Tata Sons Pvt. Ltd., and Toyota Motor Corp.. Also, the automotive racing seat 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.
The publisher 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. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.