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Automotive Racing Seat Market to grow at a CAGR of 10.68% by 2021

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Automotive Racing Seat

Global Automotive Racing Seat Market Research Report 2017 to 2021 provides a unique tool for evaluating the market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure of the Automotive Racing Seat Market.

Companies Mentioned are RECARO, Corbeau, Lear Corporation, Faurecia Seating, MOMO, and Cobra Seats.

The global Automotive Racing Seat market consists of different international, regional, and local vendors. The market competition is foreseen to grow higher with the rise in technological innovation and M&A activities in the future. Moreover, many local and regional vendors are offering specific application products for varied end-users. The new vendor entrants in the market are finding it hard to compete with the international vendors based on quality, reliability, and innovations in technology.

Major points covered in Global Automotive Racing Seat Market 2017 Research are:-

  • What will the market size and the growth rate be in 2021?
  • What are the key factors driving the global Automotive Racing Seat market?
  • What are the key market trends impacting the growth of the global Automotive Racing Seat market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global Automotive Racing Seat market?
  • What are the market opportunities and threats faced by the vendors in the global Automotive Racing Seat market?
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the global Automotive Racing Seat market?

This independent 60 page report guarantees you will remain better informed than your competition. With over 160 tables and figures examining the Automotive Racing Seat market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2021.

Inquire for Sample copy at: https://www.marketinsightsreports.com/reports/08112352/global-automotive-racing-seat-market-2017-to-2021/inquiry

Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Automotive Racing Seat in these regions, from 2012 to 2021 (forecast), covering Americas, APAC and EMEA.

The report provides a basic overview of the Automotive Racing Seat industry including definitions, classifications, applications and industry chain structure. And development policies and plans are discussed as well as manufacturing processes and cost structures.

Then, the report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share and contact information. What’s more, the Automotive Racing Seat industry development trends and marketing channels are analyzed.

MIR Announces the Publication of its Research Report – Global Automotive Racing Seat Market 2017-2021

MIR recognizes the following companies as the key players in the global automotive racing seat market: RECARO and Corbeau

Other Prominent Vendors in the market are: Lear Corporation, Faurecia Seating, MOMO, and Cobra Seats.

Commenting on the report, an analyst from MIR’s team said: “The latest trend gaining momentum in the market is Emergence of autonomous and electric vehicle market in China. The autonomous driving is a vision of the future and will drive the R&D and design developments of the automotive industry. China, which is the biggest automobile market, is expected to move ahead of other countries in terms of technological innovation. It was reported that electric solutions would be incorporated in Chinese megacities and urban areas.”

According to the report, one of the major drivers for this market is Light weighting of seats contributing to desired emission and fuel economy. The application of weight reduction in automobiles is also being implemented in seating systems. Weight reduction in automotive seating includes system integration and co-molding process. The initial light weighting process of seating system involved the use of magnesium, hybrid materials, and higher grades of steel for seat frames. The weight reduction in seat systems is required in heavier segments of vehicles such as performance vehicles and luxury vehicles. Lightweight racing seats set can reduce about 21 kg per set in a vehicle. High-performance racing seats are even lighter and can save about 26 kg in a vehicle compared to normal seats. In an eco-performance racing seat system, the addition of comfort or luxury features adds about 2.5 kg per seat. Some of these systems include the electric motor for adjustment, electrical circuit systems, and movable seat support.

Further, the report states that one of the major factors hindering the growth of this market is Delayed product delivery due to long technology development cycle. The R&D of the technology requires a longer lead time than a standard seating system due to the regulations associated with it. A typical racing seat is subjected to almost 20 kinds of different testing from some of the prominent motor sports federations such as the FIA. Physical testing is more important than material testing. The requirement of this technology to be optimized for luxury performance segments consumes more time in terms of material selection and validation, electronic system design (which must be optimized in terms of the size), safety features, etc. The products take about 12-15 months to get validated and receive a safety certification for legal applications. The production of such products takes a long time due to the use of advanced materials such as carbon fiber, magnesium and aluminum for the frames, premium foam cushion, and premium fabric for the cover.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

The research includes historic data from 2012 to 2016 and forecasts until 2021 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Automotive Racing Seat on the basis of stating current situation of the industry in 2017 so as to make comprehensive organization and judgment on the competition situation and development trend of Automotive Racing Seat Market and assist manufacturers and investment organization to better grasp the development course of Automotive Racing Seat Market.

Browse full Report at: https://www.marketinsightsreports.com/reports/08112352/global-automotive-racing-seat-market-2017-to-2021