Global and Japan Automotive Electric Seat Motor Market Insights, Forecast to 2028
Summary
Market Analysis and Insights: Global Automotive Electric Seat Motor Market
The Electric Seat Motor is a part of car's power seat. It is usually tucked under car-seat between the seat tracks. This motor is driven by the car's battery and is wired to the seat and the seat adjuster switch. The seat switch allows the driver or passenger to adjust the front/rear position of the seat, lumbar support and seat height.
Based on our recent survey, we have several different scenarios about the Automotive Electric Seat Motor YoY growth rate for 2022. The probable scenario is expected to grow by a 7.8% in 2022 and the revenue will be 2,200.68 in 2022 from US$ 2,040.62 million in 2021. The market size of Automotive Electric Seat Motor will reach US$ 3,178.02 in 2028, with a CAGR of 6.3% from 2022 to 2028.
In 2022 the Global Automotive Electric Seat Motor sales were 186.93 Million Units and it will be 266.27 Million Units in 2028, with a CAGR of 6.1% between 2022 and 2028.
In 2021, Brushed DC Motor accounted for a share of 80.44% in the global Automotive Electric Seat Motor market. And this product segment is poised to reach US$ 1,608.75 million by 2028 from US$ 1,641.50 million in 2021.
In Automotive Electric Seat Motor market, the Passenger Cars holds an important share in terms of Application, and it is expected to reach a value of US$ 3,029.60 million by 2028, at a CAGR of 6.16% during 2022 and 2028.
The major players in global Automotive Electric Seat Motor market include Nidec, DENSO, Brose, Johnson Electric, Mabuchi, Bosch, Mitsuba, SHB, Yanfeng Adient Founder, Keyang, etc. The top five manufacturers held 54.9% of the market, in terms of Automotive Electric Seat Motor revenue in 2021.
Asia, Europe and NAFTZ are main markets, they occupy over 95% of the global market.
The data for 2022 is an estimate, based on the historical data and the integrated view of industrial experts, manufacturers, distributors, and end users, etc.
As the automotive seat market keeps ballooning and the trend of motorized seats becomes obvious, the market for automotive seat motors has grown remarkably. In 2021, the global sales of automotive seat motors reached 172.55 million units, with the CAGR of 10.2% during 2017-2022, and the figure in 2028 outnumber 266.27 million units. Japan's automotive seat motor sales ascended 12.1% year on year to roughly 21.45 million units in 2021, sweeping 12.4% of the world; thanks to the fast-growing brushless DC motors for passenger car market (whose growth rate is higher than the global average), Japan's automotive seat motor sales will go beyond 33.68 million units in 2028.
The global Automotive Electric Seat Motor market is thoroughly, accurately, and comprehensively assessed in the report with a large focus on market dynamics, market competition, regional growth, segmental analysis, and key growth strategies. Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Automotive Electric Seat Motor market. These figures have been provided in terms of both revenue and volume for the period 2017-2028. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
By Company
Nidec
DENSO
Brose
Johnson Electric
Mabuchi
Bosch
Mitsuba
SHB
Yanfeng Adient Founder
Keyang
Segment by Type
Brushed DC Motor
Brushless DC Motor
Segment by Application
Passenger Cars
Commercial Vehicle
Sales by Region
Asia
Europe
NAFTZ
Middle East
CIS
South America
Africa
China
Japan
South Korea
India
Thailand
Indonesia
Malaysia
Germany
Spain
France
U.K.
Italy
Turkey
Belgium
United States
Mexico
Canada
Iran
Russia
Brazil
Argentina
South Africa
Morocco
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