Automotive Active Seat Headrests Market 2019: Company Profiles, Segments, Recent Trends, Size, Landscape and Demand by Forecast To 2023
Global Automotive Active Seat Headrests Market To Expand At A Noteworthy CAGR Of 9% During The Forecast Period Of 2016-2023
Automotive Active Seat Headrests Market Share, Size, Trends, And Business Opportunity Analysis Report 2019 include historic data, with forecast data to 2023. Automotive Active Seat Headrests Industry report is helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities, And Global market size, share, Growth, Trends, key players forecast to 2023.
Proliferation in automobiles that are being operated all over the world has led to the rise in road accidents and collisions. Advanced safety features are being incorporated with the passenger as well as commercial vehicles in order to assure the safety of passengers and vehicles. Active seat headrests are passive safety systems that are installed in the vehicles to protect the passengers from neck injuries caused during collisions. Market Research Future (MRFR) has published a report asserting that the global automotive active seat headrests market is marked to expand at a noteworthy CAGR of 9% during the forecast period of 2016-2023.
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The key players profiled by MRFR that are operating in the global automotive active seat headrests market are Lear Corporation (the U.S.), Johnson Controls International Plc. (the U.S.), Grammer AG (Germany), Toyota Boshoku Corporation (Japan), Hyundai Dymos Inc. (South Korea), TS TECH Co. Ltd. (Japan), Deprag Schulz Gmbh U. Co. (Germany), Yanfeng Automotive Interior Systems Co., Ltd. (China), JR Manufacturing, Inc. (the U.S.) and Saab Automobile AB (Sweden) and others.
Market Drivers and Restraints:
Rise in incidences of road accidents due to proliferation in automobiles that are being operated for transport purpose all over the world has induced high demand for advanced safety features in passenger as well as commercial vehicles. Incorporation of sensor-based technology in vehicles that can activate certain safety feature during collision such as airbags, active seat headrests and others is fueling the growth of the global automotive active seat headrests market. Increasing production of automobiles in order to fulfill the rising demand for passenger vehicles mainly in the developed and developing nations as a result of increased disposable income and higher standard of living are propelling the expansion of the global automotive active seat headrests market. However, high installation charges are likely to restrain the growth of the global automotive active headrests market during the forecast period.
The global automotive active seat headrests market has been segmented on the basis of product type and application. Based on product type, the automotive active seat headrests market has been segmented into seat back activation and headrest activation. Based on application, the automotive active seat headrests market has been segmented into passenger cars and commercial vehicles. The passenger vehicle segment is anticipated to command for the major share in the global automotive active seat headrests market.
Geographically, the global automotive active seat headrests market has been segmented into North America, Europe, Asia Pacific and the rest of the world. The Asia Pacific region command for the major share in the global automotive active seat headrests market owing to the large-scale production of automobiles due to availability of cheap labor in the emerging economies such as India and China and increasing government support for production and supply of automotive products in this region. High demand for automobiles that are equipped with advanced safety features owing to the increased road accident rate is fueling the growth of the automotive active seat headrests market in the North America region. Increased automotive production and continuous research and development in the field of vehicle safety are majorly propelling the expansion of the automotive seat headrests market in the Europe region.
The players in the global automotive active seat headrests are aiming towards expansion of their businesses by increasing the investment on research and development for the launch of advanced products. Strategic mergers and acquisitions are aiding these players in sustaining the competitive environment of the global automotive active seat headrests market.
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