The global automotive ISOFIX mounts market size will grow by USD 43.37 million during 2019-2023. This market report provides a detailed analysis of the market by end-user (OEM and aftermarket) and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Adient Plc, Faurecia SA, Lear Corp., Magna International Inc., and Toyota Boshoku Corp.
Key Insights on Automotive ISOFIX Mounts Market - Global Forecast 2019-2023
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Industry Overview
The emergence of smart seats has been identified as one of the critical automotive ISOFIX mounts market trends. Automotive seat manufacturers are focusing on the development of smart seats that enhance the comfort and convenience quotient of vehicles. By offering smart seats, automotive seat manufacturers will also be able to achieve product differentiation, which will enable them to gain a competitive edge in the market and cater to changing consumer needs. Prominent automotive seat manufacturers are frequently unveiling the latest developments in automotive seat technology. The emergence of smart seats will aid the development of child restraint systems, such as ISOFIX mounts in terms of quality, design, and integration. This will boost the demand for automotive ISOFIX mounts, fueling the growth of the market during the forthcoming years.
This automotive ISOFIX mounts market forecast highlights the child safety benefits of ISOFIX as another major factor that will drive market growth. ISOFIX mounts ensure child safety by minimizing the risk of incorrect installation or attachment of child safety seats on vehicle seats. It also offers a much rigid and safer connection between child safety seats and the vehicle body, increases the stability of child safety seats, and keeps the children securely in place by minimizing forward and sideward movements. As ISOFIX mounts are strategically placed to support forward-facing child safety seats, it can stop the forward movement of the child safety seats in case of frontal collisions. These child safety benefits of ISOFIX are expected to fuel the demand of automotive ISOFIX mounts and drive the growth of the market at a CAGR of almost 1% during the forecast period.
Top Companies in Automotive ISOFIX Mounts Market
The global automotive ISOFIX mounts market is concentrated. To help clients improve their market position, this report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this automotive ISOFIX mounts market analysis report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
The report offers a detailed analysis of several leading automotive ISOFIX mounts manufacturers, including:
- Adient Plc
- Faurecia SA
- Lear Corp.
- Magna International Inc.
- Toyota Boshoku Corp.
Market Segmentation
Automotive ISOFIX Mounts Market by End-users
- OEM
- Aftermarket
The OEM segment will account for the highest automotive ISOFIX mounts market share. Stringent regulatory norms, the growing emphasis on improving child occupant safety, and increasing use of robust materials in ISOFIX mounts are some of the factors boosting the demand for automotive ISOFIX mounts from OEMs. This market research report provides an accurate prediction of the contribution of all the segments to the growth of the automotive ISOFIX mounts market size.
Automotive ISOFIX Mounts Market by Region
- APAC
- Europe
- MEA
- North America
- South America
With a complete study of the growth opportunities for companies, it has been identified that APAC will account for the highest share of the automotive ISOFIX mounts market throughout the forecast period. The high automobile production and stringent regulatory norms in countries of APAC will contribute to the automotive ISOFIX mounts market growth in this region.
Major Highlights of the Automotive ISOFIX Mounts Market - Global Forecast 2019-2023
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will accelerate the growth of the automotive ISOFIX mounts market during the next five years
- Precise estimation of the global automotive ISOFIX mounts market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the automotive ISOFIX mounts industry across APAC, Europe, MEA, North America, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details of factors that will challenge the growth of automotive ISOFIX mounts companies
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