DUBLIN, April 1, 2015 /PRNewswire/ --
Research and Markets(http://www.researchandmarkets.com/research/zcnz3r/global_and_china) has announced the addition of the"Global and China Automotive Seating Industry Report, 2014-2015"report to their offering.
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The seemingly simple automotive seating actually reflects a country's machining ability. In the world, at most 20 companies are capable of producing automotive seating whose frames are made of precision metals via stamping, while nearly a thousand companies have the capability to produce automotive engines.
In 2010, the global light vehicle output amounted to about 74.8 million; averagely, the automotive seating of a light vehicle was tagged with the selling price of approximately USD742, so the global light vehicle seating market valued USD53.8 billion. In 2014, the average selling price was USD786, a slight increase over USD771 in 2013; the global market was worth USD66.8 billion. In 2015, the average selling price is expected to reach USD800 and the overall market size will grow 30.3% from 2010 to USD70.1 billion.
Global automotive seating manufacturers can be divided into three camps, namely North America, Japan and Europe that held about 50%, about 30% and 13% market share in 2014 respectively. Compared with 36% in 2010, the market share of Japanese manufacturers in 2014 was lower because of the depreciation of the yen instead of their weakened competitiveness.
Mergers and acquisitions occur frequently in the seating field. Large manufacturers are keen on taking over seating parts producers to improve the supply chain. Recently, Lear has acquired the world's largest manufacturer of automotive leather seating -- Eagle Ottawa for USD850 million. In 2012, Lear spent USD257 million on purchasing Guilford Mills which is an automotive seating fabric manufacturer. By virtue of mergers and acquisitions, Lear has become the most promising player in the seating market, and saw its revenue surge 10.8% in 2014. By contrast, Magna suffers consecutive decline, and supposes seating business as a burden; therefore, it has to either sell the business or acquire small factories to enhance competitiveness.
Key Topics Covered:
1. Brief Introduction to Automotive Seating
2. Global and Chinese Automotive Market
3 Global and China Automotive Seating Industry
4. Automotive Seating Manufacturers
Companies Mentioned
- Toyota Boshoku
- Changchun Faway Toyota Boshoku Auto Parts Co., Ltd.
- Tianjin Intex Auto Parts Co., Ltd
- Tianjin Kahou Automotive Decoration Co., Ltd
- Tianjin Feng'ai Automotive Seat Parts Co., Ltd.
- Tianjin Toyota Boshoku Automotive Parts Co., Ltd
- Chengdu Toyota Boshoku Automotive Parts Co., Ltd
- Shanghai Toyota Boshoku Automotive Parts Co., Ltd
- Kunshan Toyota Boshoku Automotive Parts Co., Ltd.
- Ningbo ARACO Co., Ltd
- TS
- Guangzhou TS Automotive Interior Systems Co., Ltd.
- Wuhan TS-GSK Auto Parts Co., Ltd.
- TACHI-S
- TACLE Guangzhou Automotive Seat Co., Ltd.
- Lear Automotive Fabric Co., Ltd
- Nanjing Lear Xindi Automotive Interiors System Co., Ltd
- TACLE Guangzhou Automotive Seat Co., Ltd.
- Lear Corporation Changchun Automotive Interior System Co., Ltd
- Nanjing YFJC
- Wuhu Johnson Controls Yunhe Automotive Seating Co., Ltd
- Chongqing YFJC
- Guangzhou Dongfeng Johnson Controls Automotive Seating
- Changchun Faway-Johnson Controls Automotive Systems Co., Ltd.
- Changchun FAW Faway Johnson Controls Metal Components Co., Ltd.
- Changchun Xuyang
- WuHan New Yunhe Automotive Seating Co., Ltd
- Hubei Aviation Precision Machinery Technology Co., Ltd
- GSK Industrial
- NHK Spring
For more information visithttp://www.researchandmarkets.com/research/zcnz3r/global_and_china
Media Contact:Laura Wood , +353-1-481-1716, press@researchandmarkets.net
