Latest news with #Automotive
Malaysian Reserve
20 hours ago
- Automotive
- Malaysian Reserve
Leather for Automotive Seats Market Size Expected to Reach USD 69.12 Bn 2031, Growing at CAGR of 5.3%, Booming Automotive Industry Fuels Growth
NEW YORK, June 30, 2025 /PRNewswire/ — As per a new comprehensive report from The Insight Partners, the global leather for automotive seats market is observing significant growth owing to the rising demand for luxury vehicles and a growing adoption of electric vehicles. The leather for automotive seats market is expected to reach US$ 69.12 billion by 2031 from US$ 48.93 billion in 2024. The market is estimated to register a CAGR of 5.3% during the forecast period. The leather used in automotive seat applications is made from either genuine or artificial leather. Genuine leather, also known as natural leather, is derived from the hides of animals such as cattle, goats, buffalo, or others, which are a byproduct of the meat processing industry. Artificial leather, also known as synthetic leather, is made using polyvinyl chloride or polyurethane to mimic the properties and texture of natural leather. The report runs an in-depth analysis of market trends, key players, and future opportunities. The leather for automotive seats market analysis focuses on automotive applications that are expected to determine the market strength in the coming years. To explore the valuable insights in the Leather for Automotive Seats Market report, you can easily download a sample PDF of the report – Overview of Report Findings Rising Demand for Luxury Vehicles: Luxury vehicles encompass superior comfort with high-end materials to enhance their interior. Leather seats are perceived as a hallmark of premium interiors in luxury vehicles. Leather seats significantly improve the overall aesthetics of the vehicle interior, contributing to a refined and elegant ambiance. Luxury consumers often seek visually appealing interiors crafted from premium materials, with leather playing a central role. Consumers typically associate leather automotive seats with sophistication and exclusivity, which aligns with the luxury vehicle image. This preference stems from the growing demand for comfortable, stylish, high-quality automotive interiors. In September 2023, Aston Martin, a British luxury automotive manufacturer, announced plans to expand its geographical footprint in India by inaugurating a new dealership. It also launched the sports car DB12 with leather seats to meet its growing demand. Thus, the rising number of luxury vehicles fuels the global demand for leather for automotive seats. Growing Adoption of Electric Vehicles: The rise in fuel prices and the environmental impact of conventional gasoline vehicles have paved the way for alternative fuel vehicles across the globe. Buyers are gradually getting inclined to use battery-powered or hybrid automobiles, which is anticipated to boost the demand for electric vehicles in emerging and developing countries. According to the International Energy Agency's annual Global Electric Vehicle Outlook, China registered 6.4 million electric vehicles in 2024, an increase from 5.4 million in 2023. As the automotive industry witnesses a transformative shift toward electric vehicles (EVs), the demand for leather for automotive seat applications increases. Geographical Insights: Asia Pacific led the market with a substantial revenue share in 2024, followed by North America and Europe. Further, Asia Pacific is expected to register the highest CAGR during the forecast period due to a booming automotive industry. For Detailed Leather for Automotive Seats Market Insights, Visit: Market Segmentation In terms of type, the leather for automotive seats market is bifurcated into genuine leather and artificial leather. The genuine leather segment held a larger share of the market in 2024. By vehicle type, the leather for automotive seats market is segregated into passenger cars, light commercial vehicles, heavy commercial vehicles, and others. The passenger cars segment dominated the market in 2024. The leather for automotive seats market is segmented into five major regions: North America, Europe, APAC, Middle East and Africa, and South and Central America. Stay Updated on The Latest Leather for Automotive Seats Market Trends: Competitive Strategy and Development Key Players: San Fang Chemical Industrial Co Ltd; Mayur Uniquoters Limited; Nan Ya Plastics Corp; FILWEL Co., Ltd.; Kolon Industries Inc; BASF SE; Kuraray Co Ltd; Teijin Ltd; Toray Industries Inc; Covestro AG; Wollsdorf Leder Schmidt & Co Ges.m.b.H.; Curtidos Treviño S.A. de C.V.; Wickett-Craig; Super Tannery Ltd.; and Elmo Sweden AB are among the leading companies operating in the leather for automotive seats market. Trending Topics: Vegan leather for automotive seats, electric vehicles, luxury vehicles, lightweight leather, synthetic leather Global Headlines on Leather for Automotive Seats – Bentley Motors became the first automotive member of Leather Naturally, the global voice of the sustainable leather industry.– Kuraray announced to increase the prices of its man-made leather CLARINO – Danish company Beyond Leather Materials collaborated with German materials manufacturer Covestro Purchase Premium Copy of Global Leather for Automotive Seats Market Size and Growth Report (2021-2031) at: Conclusion The growth in the global automotive industry, especially luxury vehicles, propels the demand for leather for automotive seats. The increase in population, rise in disposable income, and easy availability of credit and financing are the key factors boosting luxury vehicle sales. The increasing sales in the automotive industry are fueling the consumption of leather for automotive seats. Further, the increasing investment in electric vehicles is driving the leather for automotive seats market substantially. The rise in fuel prices and the environmental impact of conventional gasoline vehicles have paved the way for alternative fuel vehicles across the globe. Buyers are gradually getting inclined to use battery-powered or hybrid automobiles, which is anticipated to boost the demand for electric vehicles. Therefore, the demand for leather for automotive seats in electric vehicles is expected to increase significantly in the coming years. The report from The Insight Partners, therefore, provides several stakeholders—including raw material suppliers, manufacturers, distributors, and others—with valuable insights into how to successfully navigate this evolving market landscape and unlock new opportunities. Trending Related Reports: About Us: The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials. Contact Us:If you have any queries about this report or if you would like further information, please contact us:Contact Person: Ankit MathurE-mail: +1-646-491-9876Home – Logo:
Yahoo
21 hours ago
- Automotive
- Yahoo
Leather for Automotive Seats Market Size Expected to Reach USD 69.12 Bn 2031, Growing at CAGR of 5.3%, Booming Automotive Industry Fuels Growth
NEW YORK, June 30, 2025 /PRNewswire/ -- As per a new comprehensive report from The Insight Partners, the global leather for automotive seats market is observing significant growth owing to the rising demand for luxury vehicles and a growing adoption of electric vehicles. The leather for automotive seats market is expected to reach US$ 69.12 billion by 2031 from US$ 48.93 billion in 2024. The market is estimated to register a CAGR of 5.3% during the forecast period. The leather used in automotive seat applications is made from either genuine or artificial leather. Genuine leather, also known as natural leather, is derived from the hides of animals such as cattle, goats, buffalo, or others, which are a byproduct of the meat processing industry. Artificial leather, also known as synthetic leather, is made using polyvinyl chloride or polyurethane to mimic the properties and texture of natural leather. The report runs an in-depth analysis of market trends, key players, and future opportunities. The leather for automotive seats market analysis focuses on automotive applications that are expected to determine the market strength in the coming years. To explore the valuable insights in the Leather for Automotive Seats Market report, you can easily download a sample PDF of the report - Overview of Report Findings Rising Demand for Luxury Vehicles: Luxury vehicles encompass superior comfort with high-end materials to enhance their interior. Leather seats are perceived as a hallmark of premium interiors in luxury vehicles. Leather seats significantly improve the overall aesthetics of the vehicle interior, contributing to a refined and elegant ambiance. Luxury consumers often seek visually appealing interiors crafted from premium materials, with leather playing a central role. Consumers typically associate leather automotive seats with sophistication and exclusivity, which aligns with the luxury vehicle image. This preference stems from the growing demand for comfortable, stylish, high-quality automotive interiors. In September 2023, Aston Martin, a British luxury automotive manufacturer, announced plans to expand its geographical footprint in India by inaugurating a new dealership. It also launched the sports car DB12 with leather seats to meet its growing demand. Thus, the rising number of luxury vehicles fuels the global demand for leather for automotive seats. Growing Adoption of Electric Vehicles: The rise in fuel prices and the environmental impact of conventional gasoline vehicles have paved the way for alternative fuel vehicles across the globe. Buyers are gradually getting inclined to use battery-powered or hybrid automobiles, which is anticipated to boost the demand for electric vehicles in emerging and developing countries. According to the International Energy Agency's annual Global Electric Vehicle Outlook, China registered 6.4 million electric vehicles in 2024, an increase from 5.4 million in 2023. As the automotive industry witnesses a transformative shift toward electric vehicles (EVs), the demand for leather for automotive seat applications increases. Geographical Insights: Asia Pacific led the market with a substantial revenue share in 2024, followed by North America and Europe. Further, Asia Pacific is expected to register the highest CAGR during the forecast period due to a booming automotive industry. For Detailed Leather for Automotive Seats Market Insights, Visit: Market Segmentation In terms of type, the leather for automotive seats market is bifurcated into genuine leather and artificial leather. The genuine leather segment held a larger share of the market in 2024. By vehicle type, the leather for automotive seats market is segregated into passenger cars, light commercial vehicles, heavy commercial vehicles, and others. The passenger cars segment dominated the market in 2024. The leather for automotive seats market is segmented into five major regions: North America, Europe, APAC, Middle East and Africa, and South and Central America. Stay Updated on The Latest Leather for Automotive Seats Market Trends: Competitive Strategy and Development Key Players: San Fang Chemical Industrial Co Ltd; Mayur Uniquoters Limited; Nan Ya Plastics Corp; FILWEL Co., Ltd.; Kolon Industries Inc; BASF SE; Kuraray Co Ltd; Teijin Ltd; Toray Industries Inc; Covestro AG; Wollsdorf Leder Schmidt & Co Ges.m.b.H.; Curtidos Treviño S.A. de C.V.; Wickett-Craig; Super Tannery Ltd.; and Elmo Sweden AB are among the leading companies operating in the leather for automotive seats market. Trending Topics: Vegan leather for automotive seats, electric vehicles, luxury vehicles, lightweight leather, synthetic leather Global Headlines on Leather for Automotive Seats - Bentley Motors became the first automotive member of Leather Naturally, the global voice of the sustainable leather industry.- Kuraray announced to increase the prices of its man-made leather CLARINO - Danish company Beyond Leather Materials collaborated with German materials manufacturer Covestro Purchase Premium Copy of Global Leather for Automotive Seats Market Size and Growth Report (2021-2031) at: Conclusion The growth in the global automotive industry, especially luxury vehicles, propels the demand for leather for automotive seats. The increase in population, rise in disposable income, and easy availability of credit and financing are the key factors boosting luxury vehicle sales. The increasing sales in the automotive industry are fueling the consumption of leather for automotive seats. Further, the increasing investment in electric vehicles is driving the leather for automotive seats market substantially. The rise in fuel prices and the environmental impact of conventional gasoline vehicles have paved the way for alternative fuel vehicles across the globe. Buyers are gradually getting inclined to use battery-powered or hybrid automobiles, which is anticipated to boost the demand for electric vehicles. Therefore, the demand for leather for automotive seats in electric vehicles is expected to increase significantly in the coming years. The report from The Insight Partners, therefore, provides several stakeholders—including raw material suppliers, manufacturers, distributors, and others—with valuable insights into how to successfully navigate this evolving market landscape and unlock new opportunities. Trending Related Reports: About Us: The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials. Contact Us:If you have any queries about this report or if you would like further information, please contact us:Contact Person: Ankit MathurE-mail: +1-646-491-9876Home - Logo: View original content to download multimedia: SOURCE The Insight Partners Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Car and Driver
21 hours ago
- Automotive
- Car and Driver
View Exterior Photos of the 2026 Honda CR-V TrailSport
It seems that pretty much every SUV must have an off-road-focused trim level, and now the CR-V gets one too.
Auto Blog
3 days ago
- Automotive
- Auto Blog
Lexus, Nissan Top 2025 J.D. Power Quality Rankings
The Winners If you're looking for a new car and want to ensure the best quality right off the assembly line you might take a closer look at Lexus and Nissan. The two Japanese automakers topped the 2025 J.D. Power Initial Quality Study – which tallies up what owners have to say about their vehicles during the first 90 days of ownership. Nissan Ariya at the automaker's global headquarters in Japan — Source: Getty The IQS looks at the number of issues owners have experienced – everything from electronic glitches to faulty transmissions – tallied up as 'problems per 100 vehicles, or PP100 in Power-speak. The lower the score the higher the quality. And by that measure, Lexus had a score of 166, making it both the best brand in the luxury category but tops overall. Nissan was surprisingly close behind, at 169 PP100, making it second overall and tops among mainstream brands. And the Losers The list of losers in this year's IQS starts with Ram. Last year's overall winner, the Stellantis truck division tumbled 24 spots in the overall ranking – among the 33 brands covered by the 2025 IQS. With a score of 218, it fell well below the industry average of 192 PP100, largely due to owner complaints about the Ram 1500, which went through a complete makeover for this model year. In general, all-new models, as well as those that went through a major redesign, tended to have more quality problems than carryover vehicles, the IQS revealed. Source: Ram Audi anchored the list, with a score of 269 problems per 100, a 10% increase in owner complaints this year. And Volvo was again second-to-last, at 258 PP100, Infiniti doing only slightly better with a score of 242. Rivian, actually, would have been dead last this year with 274 problems reported by owners. But it wasn't officially rolled into the list 'due to limited data,' said Power in a summary of the 2025 IQS results. Tesla, the biggest of the all-electric brands, was a mixed bag. It also was left out of the formal list since the automaker makes it difficult for Power to track owners in some states and then get them to fill out surveys. Based on the data it did get, however, Tesla had a score of 200. While still well below the industry average, the EV company managed to reduce the number of complaints substantially compared to 2024 when it had a score of 266. Some Surprises While Ram's sharp tumble in the IQS rankings was easily the biggest surprise this year, there were a number of other unexpected findings. That started with Jaguar which this year is the fourth-ranked brand – just behind Korea's Hyundai – with a score of 175 PP100. The British brand has a historical record of quality problems but has been working its way up the J.D. Power charts in recent years. It was ninth in 2024. As for why it's doing so well? Jaguar has slashed its line-up to a few core products – all older models that it has had time to work out the bugs with, according to Power. The challenge will be maintaining quality when Jaguar begins rolling out a new range of EVs over the coming years. 2025 Jaguar F-Pace — Source: Jaguar Then there was Dodge, the Stellantis muscle car brand. It scored the biggest turnaround on the IQS, going from dead last in 2024 to seventh this year. But there's an asterisk here: Dodge was previously dragged down by problems with its little Hornet model. But the Italian SUV wasn't included in the latest study due to a lack of data. What Ticked Off Owners The good news is that traditional, mechanical problems, such as faulty powertrains, have become increasingly uncommon with today's vehicles. These days, high-tech features tend to be the biggest concern for motorists, notably faulty voice control systems. 'While customers do find the larger touchscreens visually appealing,' said Frank Hanley, Power's senior director of auto benchmarking, 'owners find these things to be overly complicated and too distracting to use while driving. By retaining dedicated physical controls for some of these interactions, automakers can alleviate pain points and simplify the overall customer experience.' Source: James Riswick Another source of trouble? Cupholders. There are more than enough in most vehicles today. The problem, owners told Power, is that they're often too small, or not flexible enough to handle the variety of beverage containers passengers bring into their vehicles: juice boxes, soda bottles, Big Gulps and Yetis. 'While it seemed like manufacturers had cupholders figured out,' Power noted, they're struggling to keep up with being able to accommodate all the different shapes and sizes that are increasingly available.' Electrified Vehicles Cause More Problems Conventional hybrids, like the Toyota Prius, have become increasingly common these days, and despite having more complex drivetrains they tend to create only slightly more problems than models running entirely on gasoline, an average 196 PP100 compared to 184, respectively. Tesla Model Y — Source: Tesla More advanced battery-based drivetrains still give motorists headaches, according the IQS. And, for the first time, plug-in hybrids were reported to have more issues – an average 237 problems per 100 vehicles – than pure battery-electric models. The lower score for BEVs, at 212 PP100, largely reflects the improvements made by Tesla this past year, Power reported. The Top Models As for the single best vehicle on the market, at least in terms of initial quality? The Porsche 911 which experienced just 116 problems per 100 according to its owners. 911 GT3 The IQS also breaks out the best models in 22 separate vehicle segments. Of these, General Motors had the most top-ranked products, a total of five, with Ford landing four, Honda another three. Ford was the top-ranked brand, again with four segment winners, including the Super Duty named tops in the Large Heavy Duty Pickup category. Its F-150 had a tie in the Large Light Duty Pickup category with the Chevrolet Silverado. Chevy placed three segment winners, overall. About the Author Paul Eisenstein View Profile
Forbes
4 days ago
- Automotive
- Forbes
These Are The 3 Safest Cars In The U.S. In 2025
The 2018 Toyota Camry sedan is one of the safest, most reliable cars on the market. (Photo credit ... More should read SAUL LOEB/AFP via Getty Images) Whether you're choosing a car for a first-time owner or a veteran motorist, buying the right vehicle can be a challenge. And by the 'right' car, we mean a safe and reliable car that does not break the bank. To be able to recommend such a prize collection of safe vehicles that are budget-friendly, the highly regarded Consumer Reports (CR) has once again tied up with the Insurance Institute for Highway Safety (IIHS) to find the safest and most reliable vehicles in the land. Camry, Forester and Explorer rank as the safest Out of some 260 models on the market today, Consumer Reports says that the following three vehicles are not only the safest and most reliable on sale now, but they offer enough model years to be budget-friendly. For sedans, the safest is the Toyota Camry built from 2018. For small SUVs, the top pick is the Subaru Forester from 2019. For the mid-sized SUVs it's the Ford Explorer from 2020. The Subaru Forester also ranks in the top 3. (Photo by Jacek Boczarski/Anadolu via Getty Images) As a bonus, CR tells us that the highest rated electric vehicle is the Tesla Model Y taking into consideration factors such as speed and ease of charging and range, areas in which the Y excels. Consumer Reports evaluates cars based on four key criteria—road test, reliability, owner satisfaction and safety. To make the list, a vehicle must receive a CR score of at least 3 out of 5 for tests that include acceleration, braking as well as routine and emergency handling and fuel economy. CR also evaluate usability, fit and finish, noise, ride, and safety systems. Ford's Explorer also ranks highly. (Photo by Samuel Corum/) Top rated vehicles must also receive a score of at least 2 out of 5 for their controls and displays— meaning that CR excluded vehicles fitted with the most confusing displays and controls which can be a distraction for drivers. Another critical factor for CR, owner satisfaction is based on whether a CR member would definitely get the same car if they had a chance to do it over again, effectively measuring whether a car lived up to its owner's expectations. In addition, all of the vehicles on the list have electronic stability control (ESC) at standard equipment, a key safety feature in avoiding traffic accidents. Each of these top rated vehicles also boast a high 'G' for Good rating in five different IIHS crash tests including small overlap front test, moderate overlap front test, updated side test and pedestrian front crash prevention test. Vehicles with curb weights of under 2750 lbs do not appear on the list as they are considered too small to provide sufficient crash protection, especially when impacting with larger vehicles. Readers may also realize that full-size SUVs and pickups are not on the list as well as sports cars which are considered by CR to invite excessive risk.
