On the basis of seat type, train seat market can be categorized into regular, folding, recliner, smart, and dining. Recliner type is anticipated to witness an exponential growth during the forecast timeline (2019-2025) owing to its features such as comfort and adjustability.
On the basis of seat type, train seat market can be categorized into regular, folding, recliner, smart, and dining. Recliner type is anticipated to witness an exponential growth during the forecast timeline owing to its features such as comfort and adjustability.
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Based on train type, train seat market is divided into passenger, high speed, light, monorail, and tram. Passenger train segment is projected to dominate the market in the forecast timeframe owing to rising demand for passenger trains across the globe. Moreover, high capacity and enhanced passenger safety features will propel the industry growth.
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Passenger comfort is a major factor for product differentiation in train seat market. Industry players are focusing on selecting raw materials and their suppliers carefully to provide high comfort level to passengers. On the basis of seat type, train seat market can be categorized into regular, folding, recliner, smart, and dining. Recliner type is anticipated to witness an exponential growth during the forecast timeline owing to its features such as comfort and adjustability.
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Asia Pacific is projected to exhibit the largest market share over the forecast timeframe owing to rising need of effective and enhanced transportation system. Rising urban population and living standards in this region will lead to increase in efficient transport system demand. Furthermore, government initiatives and rising investments in development of enhanced rail projects will further propel industry growth in this region.
North America is anticipated to showcase significant growth rate during the forecast period owing to announcements of numerous metro, monorail, and light-train projects in various economies.
Manufacturers are focusing on developing innovative seating solutions to provide the customers with high comfort level. For instance, in December 2014, Bay Area Rapid Transit (BART) replaced woolen train seats with vinyl as they are more comfortable and cost effective than leather.
Market players include Magna International Inc., USSC group, Camira Fabrics, Freedman Seating Co., Harita, Saira, Transcal Ltd., Sears Manufacturing Company, The C.E. White Co., Seats Incorporated, Fenix Group, Fainsa, Horiba Mira Ltd., Kustom Seating Unlimited Inc., Rescroft Ltd., and Ulrich Seats Ltd.
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