Global Automotive Seat Armrest Market Growth 2023-2029

Global Automotive Seat Armrest Market Growth 2023-2029

Automotive seat armrest is an automobile accessory that is installed between two seats and is part of an automobile interior decoration system.
LPI (LP Information)' newest research report, the “Automotive Seat Armrest Industry Forecast” looks at past sales and reviews total world Automotive Seat Armrest sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Seat Armrest sales for 2023 through 2029. With Automotive Seat Armrest sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Seat Armrest industry.
This Insight Report provides a comprehensive analysis of the global Automotive Seat Armrest landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Seat Armrest portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Seat Armrest market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Seat Armrest and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Seat Armrest.
The global Automotive Seat Armrest market size is projected to grow from US$ 2395.2 million in 2022 to US$ 2593.2 million in 2029; it is expected to grow at a CAGR of 2593.2 from 2023 to 2029.
At present, major manufacturers in the global market include Adient, Grammer, Faurecia, Toyota Boshoku, Windsor Machine Group, Tachi- S, Fehre, Ningbo Jifeng Auto parts Co., ltd., Piston Group (Irvin), Proseat, Lander, MARTUR, etc. In 2019, the sales share of top 10 major manufacturers is about 77.0%.
The production area is mainly in North America, Europe, China and Japan.
From the perspective of product type, automotive seat armrest can be divided into single-armed armrest, ordinary rear armrest and large rear armrest. In 2019, the ordinary rear armrest accounted for more than 33% of the market share.
Automotive seat armrests can be used in passenger vehicle and commercial vehicle. Passenger vehicle occupy a dominant position, with a market share of about 86%.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Seat Armrest market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Single-armed Armrest
Ordinary Rear Armrest
Large Rear Armrest
Segmentation by application
Passenger Vehicle
Commercial Vehicle
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Adient
Grammer
Faurecia
Toyota Boshoku
Tachi-s
Fehrer
Ningbo Jifeng Auto parts Co., ltd.
Irvin Automotive Products
Windsor Machine Group
Proseat
MARTUR
Lander

Key Questions Addressed in this Report
What is the 10-year outlook for the global Automotive Seat Armrest market?
What factors are driving Automotive Seat Armrest market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automotive Seat Armrest market opportunities vary by end market size?
How does Automotive Seat Armrest break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.