Leading market players are investing heavily in research and development to expand their product lines, which will help the automotive active seat headrests market grow even more. Market participants are also undertaking various strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. The automotive active seat headrests industry must offer cost-effective items to expand and survive in a more competitive and rising market climate.
Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the Automotive Active Seat Headrests industry to benefit clients and increase the market sector. The automotive active seat headrests industry has offered some of the most significant advantages in recent years. Major players in the automotive active seat headrests market include Grammer AG (Germany), Lear Corporation (US), Adient Plc (Sweden), TS TECH CO. LTD (Japan), Magna International Inc. (Canada), Toyota Boshoku Corporation (Japan), Daimay Automotive Interior Co., Ltd (China), Ningbo Jifeng Auto Parts Co., Ltd (China), Yanfeng Automotive Interiors (China), and JR Manufacturing, Inc (US).
The American corporation Lear Corporation produces car electrical systems and seating. American Metal Products, the predecessor to Lear Corporation, was established in 1917 in Detroit, Michigan. The company made tubular, welded, and stamped assemblies for the automotive and aircraft sectors when it was first established. Throughout the 1980s and 1990s, Lear expanded by making several acquisitions. The business aimed to supply original equipment manufacturer (OEM) auto companies with complete interior automotive systems, such as seating, electrical, flooring, interior trim, instrument panels, etc.
On March 16, 1999, Lear announced that it would pay $2.3 billion to acquire United Technologies Automotive, a division of United Technologies Corporation that made switches, motors, air-flow parts, interior door panels, and dashboards. Lear announced the completion of the acquisition on May 4, 1999.
Adient plc, an American firm with Irish citizenship, is in Plymouth, Michigan, and produces vehicle seating for clients worldwide. The largest car seat producer as of 2017 was Adient, which contributed one-third of the industry's total sales and manufactured parts for 25 million vehicles. Johnson Controls spun out Adient in 2016 and now has its corporate headquarters in Dublin, Ireland. In 1985, Johnson Controls acquired Hoover Universal, launching its foray into the vehicle seating market. The automotive seat manufacturer Futuris, based in Oak Park, Michigan, was acquired by Adient from Clearlake Capital in September 2017.
This acquisition added 15 facilities in Asia and North America, including one in Newark, California, and was expected to boost the company's revenue by $0.5 billion annually.