“Train Seat Market – Global Forecast to 2022”
The global train seat market is expected to grow from USD 938.2 million in 2015 to USD 1,047.7 million by 2022, at a CAGR of 1.58% from 2016 to 2022.
The global train seat market is driven by various factors, including rising investments by governments in several countries for rail projects and increasing demand for high-speed trains and monorails. The high-speed train segment of the market is expected to witness the highest growth during the forecast period.
The regular seat segment was the largest segment of the market, as a majority of seats in trains are regular seats. Regular seats require less space as compared to other seats; therefore, it is possible to accommodate a significant number of seats inside a single railcar. The lower cost of these seats, as compared to other seat types, make them a better option for rail manufacturers. The smart seat segment is expected to grow at the highest CAGR during the forecast period, owing to the various features associated with smart seats, which include installations, such as audio device, charging ports, and video display to make the journey of commuters more comfortable.
The Asia-Pacific train seat market comprises China, India, Japan, and South Korea. Asia-Pacific is expected to lead the global train seat market. This can be attributed to the fact that the number of passengers travelling everyday is the highest in Asia-Pacific. Therefore, the number of trains functional in this region is also high, which is expected to fuel the growth of the train seat market in Asia-Pacific.
- Camira Fabrics Ltd.
- Faurecia Group
- Freedman Seating Co.
- Grammar AG
- Harita Seating System Ltd.
- Magna International Inc.
- Saira Seats
- Sears Manufacturing Company
- Seats Incorporated
- The C.E. White Co.
- Transcal Ltd.
- Ussc Group
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Market Overview
5 Train Seat Market, By Train Type
6 Train Seat Market, By Seat Type
7 Train Seat Market, By Railcar Type
8 Train Seat Market, By Region
9 Competitive Landscape
10 Company Profile
For more information visit http://www.researchandmarkets.com/research/f8bff2/train_seat_market
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