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Global Automotive Ventilated Seat Fan market to reach $1.3 billion by 2023 illuminated by new report

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Trends, opportunities and forecast in automotive ventilated seat fan market to 2023 by vehicle type (mid-size cars, large cars, SUVs and crossovers, MPVs, heavy commercial vehicles, and others), product type (axial fans, and radial fans), and region (North America, Europe, Asia Pacific, and the Rest of the World)

According to a new market report published by Lucintel, the future of the global automotive ventilated seat fan market looks promising with opportunities in the mid-size cars, large cars, SUVs & crossovers, and the heavy commercial vehicle market. The global automotive ventilated seat fan market is expected to reach an estimated $1.3 billion by 2023 with a CAGR of 2.0% from 2018 to 2023.

The major drivers for this market are growth in the vehicle production and increasing demand for comfort and luxury features in vehicle’s seats.

Browse 78 market data tables and 108 figures spread through 168 pages and in-depth TOC on “Global Automotive Ventilated Seat Fan Market"

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In this market, different types of automotive ventilated seat fan such as axial fans, and radial fans are used as product type.

On the basis of its comprehensive research, Lucintel forecasts that the axial fan is expected to remain the largest segment due to the increasing installations of ventilated seats in the luxury cars.

Within the automotive ventilated seat fan market, the large car segment will remain the largest vehicle type due to increase in sales of vehicles, such as BMW3, Audi A4, and Mercedes-Benz. SUVs & crossovers, and large car segments are expected to show above average growth during the forecast period.

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North America will remain the largest region due to the growing demand for premium cars and increasing preference of customers towards vehicle comforts and convenience. Asia Pacific is expected to witness highest growth over the forecast period due to increasing vehicle production and advancements in seat ventilation system.

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Emerging trends, which have a direct impact on the dynamics of the industry, include development of noise free ventilated seat fans and increasing use of fans in seat head rests. Ebm-papst Group, Delta Group, Sunon, NMB Technologies, Nidec Group, Comair Rotron, and Yen Sun Technology and others are among the major automotive ventilated seat fan manufacturers.

Lucintel, a leading global strategic consulting and market research firm, has analyzed the global automotive ventilated seat fan market by vehicle, product type, and region and has come up with a comprehensive research report entitled “Growth Opportunities in the Global Automotive Ventilated Seat Fan Market 2018-2023: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global automotive ventilated seat fan market by vehicle, product type, and region as follows:

By Type [Volume (Million Units) and $M shipment analysis for 2012 – 2023]:

  • Large Cars
  • SUVs and Crossovers
  • Mid-Size Cars
  • Heavy Commercial Vehicles
  • Others

By Product Type ($ Million from 2012 to 2023):

  • Axial Fans
  • Radial Fans

 By Region [Volume (Million Units) and $M shipment analysis for 2012 – 2023]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

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This 168-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, click on this link www.lucintel.com/automot…arket.aspx

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Lucintel – Global Management Consulting & Market Research FirmLucintel – Global Management...
Category: Market Research Publishers and RetailersCompany about: Lucintel, the premier global market research and management consulting firm creates your equation for growth - whether you need to understand market dynamics, identify new opportunities or increase your profitability. Lucintel team of trusted industry experts for materials and manufacturing industries have executed over hundreds of consulting projects for clients, ranging from small, emerging organizations up to multinational companies such as 3M, Audi, BASF, Cytec, DSM, Eastman, GE, H ...
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