Global Train Seat Market Research 2024, Forecast To 2033
8 Mar, 2024
The train seat market has witnessed substantial growth, escalating from $1.72 billion in 2023 to $1.83 billion in 2024, achieving a compound annual growth rate (CAGR) of 6.2%. This surge is primarily attributed to the development of railway infrastructure, urbanization, and initiatives aimed at enhancing passenger experiences. Looking ahead, the market is poised for further expansion, projected to reach $2.25 billion by 2028, with a CAGR of 5.3%. Anticipated factors driving this growth include renewal programs, the adoption of eco-friendly materials, and an increasing demand for customized seating options. Major trends in the forecast period encompass digitalization in seating solutions, technological advancements, and the integration of health and safety features, reflecting a holistic approach towards enhancing the passenger experience and comfort.
Global Train Seat Market Key Driver
The train seat market expects growth with increased expenditure on rail infrastructure, reflecting a commitment to modernize railway networks. USA Facts' data on federal spending highlights the market's significance in railway development.
Get A Free Sample Of The Global Train Seat Market ReportGlobal Train Seat Market Segments
The train seat market covered in this report is segmented –
1) Train:Regional Or Intercity, High-Speed, Metro, Light
2) Product:Non-Recliner, Luxury Or Premium, Recliner, Subway Seats, Sleeper Or Couchette
3) End-User:Original Equipment Manufacturer (OEM), Aftermarket
By Geography: The countries covered in the train seat market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
Europe was the largest region in the train seat market in 2023. The regions covered in the train seat market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Train Seat Industry Players
Magna International Inc.; Freedman Seating Company; Minda Industries Ltd.; Seats Incoporated; KTK Group; VIA Rail Canada Inc.; Camira Fabrics Ltd.; Sears Manufacturing Co. Ltd.; United Safety & Survivability Corp.; Fenix Group LLC; Faurecia SE; PowerRail; Kustom Seating Unlimited Inc.; Perrone Aerospace;Lazzerini Srl; Transcal Ltd.; McConnell Seats; Brusa Seating; Knoedler Manufacturers Inc.; Technical Metal Specialties Inc.; Compin-Fainsa; Franz Kiel GmbH; Rescroft Ltd.; F.I.S.A. Fabbrica Italiana Sedili Autoferroviari S.r.l.; GRAMMER AG; Rojac Urethane Limited; Quantum Seating Ltd.; Baultar Concept Inc.; Shanghai Tanda Railway Vehicle Seat System Co Ltd.; Hickory Springs Manufacturing.
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Train Seat Market Overview
A train seat is where people can sit comfortably during their journey. It often has a cushioned seat, a backrest, and armrests, providing passengers with a comfortable and secure seating option.