Overview:
Transportation is anticipated to be a major driving force behind a robust world demand for energy over the next few years. It is generally considered as largest end use of energy in developed countries as well as rapidly growing end-use in most developing countries. Rising investment by the government in railway transportation has propelled the demand for train seats all across the globe.
The global train seat market is growing at a significant pace and is anticipated to achieve significant growth over the next seven years till 2023. Train plays a pivotal role in transportation by providing long distance solution to passengers. Travelling via train saves the time and is cheaper as compared to other mode of long distance transportation mode such as airways. This is expected to exaggerate the growth of the global train seat market over the forecast period.
At present, North America and European region captured the maximum share in revenue of train seat market and is anticipated to expand at a higher CAGR over the forecast period. Rising population, per capita income and number of passengers travelling in Asia region especially in India and China is anticipated to expand the growth of Asia Pacific train seat market over the forecast period. The train is generally considered as the most economical and efficient mode of transportation in the region which is expected to thrive the market growth of Asia Pacific region in future.
The global train seat market is mainly concentrated in North America. Major players are adopting different market strategies to enter and enhance their market position and distribution network.
Global Train Seat Market is segmented on the following bases:
- By Type of Train
- Passenger Train
- Light Train
- Tram
- High-Speed Train
- Monorail
- By Type of Seat
- Folding Seat
- Regular Seat
- Smart Seat
- Recliner Seat
- Dining Seat
- By Railcar Type
- Overland
- Long distance
- Subway
- By Geography
- North America
- Europe
- U.K.
- France
- Germany
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australasia
- Rest of APAC
- Rest of World
- Latin America
- Brazil
- Rest of Latin America
- Middle-East & Africa
- Africa
Key Players Identified Across the Value Chain in the Train Seat Market include but are not limited to:
Magna International, Fenix Group LLC, Seats Incorporated, The White Company Inc., Saira Seats, Freedman Seating Co., Sears Manufacturing Company, The C.E. White Company, USSC Group, Grammer AG and others.
This report offers:
- An overview of the Global Train Seat Market
- Market trends assessment for the period 2016-2023, with historical information for 2013 & 2014, and projections through 2023, with respective CAGRs during 2016-2023 and 2015 as the base year
- Qualitative assessment tools such as market drivers, challenges and future prospects, and competitive analysis: market positioning of key market players
- Focus on each level of market segmentation based on product approvals, launch, and current and anticipated market dynamics
- A general overview of the industry structure
- Company profiles highlighting key information about the major players operating in the global Train Seat Market
- This report includes estimation of market sizes for value. Both, top-down and bottom-up approaches have been used to estimate and validate the size of the Train Seat Market
