According to the research report titled ‘Global Automotive Seat Frame Market Size study, by Product type (Steel, Aluminum, Magnesium Alloy, Others) by Application (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles) and Regional Forecasts 2021-2027,’ available with MarketStudyReport, global automotive seat frame market was valued at USD 81.3 billion in 2020 and is expected to grow at 4.3% CAGR over the next six years, reaching a valuation of USD 109.16 billion by the end of forecast period 2021-2027.
 

The soaring demand for autonomous cars combined with the increase in production of vehicles across the globe are factors aiding the expansion of global automotive seat frame industry. For the unversed, automotive seat frames are structures in car seats that provide comfort for a secure driving experience.
 

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Additionally, strong inclination towards innovative materials like magnesium alloys, along with huge influx of investments in the R&D activities in the auto sector are further bolstering the growth of market.  
 

On the contrary, high costs involved in manufacturing & implementation of advanced modular seats coupled with a scarcity of skilled professionals in the field are estimated to impede the progress of global automotive seat frame business sphere during the review period. 
 

Concerning product type, the market is categorized into aluminum, steel, magnesium alloy, and others.
 

In terms of application spectrum, the industry is divided into heavy commercial vehicles (HCVs), light commercial vehicles (LCVs), and passenger cars.
 

From a regional standpoint, the research literature covers major regions including North America, Europe, Asia Pacific, Latin America. Among these, North America is poised to garner a considerable market share during the assessment timeframe owing to the massive technological advancements in the region. 
 

Moreover, Europe is slated to record a remarkable growth rate during the projected timeline, owing to the soaring investments in research & development activities in the automotive sector.
 

Prominent players enhancing the competitive scope of worldwide automotive seat frame market include companies like Aisin Corporation, Lear Corporation, TS Tech Co. Ltd., Faurecia SE, Hyundai Dymos Inc., Toyota Boshoku Corporation, Brose Fahrzeugteile GmbH & Co. KG, Adient plc, and Magna International Inc.