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.
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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.
Key geographies evaluated in this report are:
- North America
- France, Germany, Italy, Spain, and the UK
- Eastern Europe
- Latin America
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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