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Train Seat Market is Likely to Register Single Digit CAGR during 2015 - 2021 : Persistence Market Research

Press Release   •   Feb 23, 2017 01:32 EST

Train Seat Market

Railways are the cheaper and convenient mode of transportation. Railway infrastructure contributes building the economic growth of the country. As an attractive alternative to road transport and air travel, railways are catering to the high comfort need of travelers. In order to curtail the traffic on the road transport, governments worldwide are focusing on increasing train transits i.e. the number, network and capacities which is one of the primary factors driving the market for train seats globally.

Train Seat Market:

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Currently, various types of seats such as smart seats, regular, dining, recliner and folding are used in as per the type of train such as intercity/interstate and international. Train seats can be categorized as high speed trains seats or traditional train seats and long distance train seats or short distance train seats as different train categories require different features in their seating systems. For instance, the seats in high speed trains are manufactured with focus on high safety whereas long distance train seats are manufactured with focus on high comfort. Seats of local trains are manufactured with focus on maximum protection against vandalism. The comfort is the key feature distinguishing different products types in train seat market. Currently, train seat vendors are wisely selecting seat materials and raw material suppliers focusing on high comfort. Companies such as Camira Fabrics Ltd. are providing custom designed fabric for train seats. However, seating materials for the train industry is moving from fabrics to leather. Leather material is robust enough to stand up to the daily rigors of transporting thousands of passengers and being attractive and affordable at the same time. Currently, vinyl material is also used as against leather due to its low cost. In December 2014, BART (Bay Area Rapid Transit) replaced all wool seats in train car with pristine vinyl seats, which lasts three times longer than the earlier seats.

Train seats market is segmented by geography as North America, Europe, Asia Pacific, Middle-East and Africa and Latin America. The extraordinary growth of China's high-speed train network is driving the Asia Pacific train seat market. Rapidly growing road traffic and high existing traffic density in countries such as India and China is driving the investment in railway infrastructure, which in turn propelling the train seat market.

Government investments for train infrastructure projects is contributing to the growth of this market. In 2014, UK Government reveled 5-year programme to invest £38 billion (US$ 59.34 Bn; 1 BP = 1.56 US$) in railway infrastructure. This plan aims at increasing trains, seating capacity which would reduce congestion and increase passengers travelling experience. Vendors are competing by offering seats with features such as low weight, resistance to vandalism and comfortable seating. High infrastructural cost in railways is one of the factors constraining the growth of train seat market.

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The key players in the train seat market includes Fainsa (Fabricacion Asientos Vehiculos Industriales S.A.), Transcal- SUL Transportes Coletivos LTDA, HORIBA MIRA Ltd., GRAMMER AG., Freedman Seating Co., Ltd., Magna International Inc., Ulrich seats Ltd, Automotive Trim Developments Ltd (ATD), Kustom Seating Unlimited, Inc., Kiel NA LLC, BORCAD cz s.r.o, Rescroft Ltd.

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Key geographies evaluated in this report are:

  • North America
    • U.S
    • Canada
  • Europe
    • France, Germany, Italy, Spain, and the UK
    • Eastern Europe
    • CIS
  • APAC
    • China
    • India
    • Japan
    • Australia
    • Others
  • Latin America
    • Argentina
    • Brazil
    • Others

Key features of this report

  • Drivers, restraints, and challenges shaping the Train Seat market dynamics
  • Latest innovations and key events in the industry
  • Analysis of business strategies of the top players
  • Train Seat market estimates and forecasts(2015 -2021)

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