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 objective of the study are-

To collect valid and reliable information of the global train seat market on the basis of seat type, train type, railcar type, and region

To understand the impact analysis of the market dynamics, with the help of factors that may drive or restrain the growth of the market in near future

To provide a detailed analysis of each sub-segment of the market with respect to individual growth trends

To provide a six-year revenue forecast (2016 to 2022) of the global train seat market and its various sub-markets with respect to regions, including North America, Europe, and Asia-Pacific

To find the country-level data for various sub-segments of the global the market

To define the revenue generating opportunities present in the market for stakeholders by identifying the key growth segments of this market

To identify key players in the high speed train seat market with the help of their company profiles, along with a detailed competitive landscape

The base year considered for the study is 2015 and the market size is forecast from 2016 to 2022. The research methodology used to estimate and forecast the global train seat market included capturing data on the revenues of key market players through secondary research. The secondary sources for this research were International Railway Journal, Railway Gazette International, and International Union of Railways. Their offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall market size of the global market from the revenues of the key market players. After arriving at the overall market size, the total market was split into several segments and subsegments, which were then verified through primary research. Primary research included interviews with Chief Executive Officers (CEOs), Vice-presidents (VPs), directors, and executives of the companies operational in the market. Data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and sub-segments. The breakdown of profiles of primary is given in the below figure:

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The train seat ecosystem comprises seat designers such as Faurecia Automotive Seating (France), Fenix Group LLC (Russia), and Freedman Seating Co. (U.S.) among others; manufacturers such as Grammar AG (Germany), Harita Seating System Ltd. (India), Magna International Inc. (Canada), Saira Seats (France), and Sears Manufacturing Company (U.S.); and suppliers, including Transcal Ltd. (U.K.), Camira Fabrics Ltd. (U.S.), Seats Incorporated (U.S.), The C.E. White Co. (U.S.), and USSC Group (U.S.), among others.

Key Target Audience

Train Seat Manufacturers and Suppliers

Research and Development (R&D) Companies

Government organizations

Business Research and Consulting Service Providers

Research Organizations

Academic Centers and Universities

Associations and Industrial Bodies

Technology Investors

Scope of the Report

The research report segments the Global Train Seat Market into following submarkets:

By Train Type:

High-speed Train

Passenger Train

Light Train

Tram

Monorail

By Seat Type:

Regular Seat

Recliner Seat

Folding Seat

Dining Seat

Smart Seat

By Railcar Type:

Overland

Subway

Long Distance

Others

By Region:

North America

Europe

Asia-Pacific

Available Customizations

Along with the market data, MarketsandMarkets offers customizations as per the company�s specific needs. The following customization options are available for the report:

Product Analysis

A detailed analysis of different products by various competitors in the train seat market would be carried out. This analysis will help devise strategies for the company

Geographic Analysis

Further breakdown of North America train seat market

Further breakdown of Europe train seat market

Further breakdown of Asia-Pacific train seat market

Company Information

Detailed analysis and profiling of additional market players

The global train seat market was valued at USD 938.2 Million in 2015 and is expected to reach USD 1,047.7 Million by 2022, at a CAGR of 1.58% from 2016 to 2022. Governments worldwide are actively involved in the development of faster and convenient modes of transportation by investing in rail infrastructure projects. Trains play a vital role in the transportation system by offering long-term conveyance solutions to commuters. It brings cities closer, thus improving business productivity. It serves as an economical alternative to domestic aviation and saves travel time. Trains have a lower impact on environment as compared to other modes of transport, owing to low energy consumption and reduced gas emissions.

The scope of this report covers the global train seat market by train type, seat type, railcar type, and region. The high speed train segment is estimated to grow at the highest CAGR during the forecast period. High speed trains (HSR) provide colossal comfort, efficiency, safety, and eco-sustainability for transportation. They run at a minimum speed of 200 km/hr. High speed trains serve to be a hassle-free mode of transport for commuters. In addition to this, high speed trains offer flexibility, wherein travelers can plan last minute trips and at the same time make necessary changes to their schedule without incurring huge penalties. All these factors have contributed to the growth of the high speed train segment.

On the basis of railcar, the market has been segmented into overland, subway, long distance, and others. The overland segment is expected to lead the market during the forecast period; this is mainly attributed to low operational costs of overland railcars.

The regular seat segment of the global train seat market is expected to record higher revenue as compared to other seat segments during the forecast period. The smart seat segment is expected to grow at the highest CAGR from 2016 to 2011. Smart seats encompass a variety of features such as audio and video ports; this serves to be one of the most significant factors propelling the growth of the smart seat segment in the global market.

The Asia-Pacific region is expected to account for the largest share of the global market during the forecast period. China and India are contributing to the growth of the Asia-Pacific train seat market. This growth is attributed to increase in the number of passengers travelling by train in the Asia-Pacific region, as train travel is considered as an efficient and economical mode of transport in this region.

Major restraints of the global train seat market include high infrastructure and capital costs involved in high speed train and monorail projects. Installation of high speed trains and monorail systems involves designing rail networks that require high level of technical expertise. Thus, costs involved in setting up these systems are relatively high, which, in turn, impacts their adoption rate.

Some of the key players operating in the global train seat market include Faurecia Automotive Seating (France), Fenix Group LLC (Russia), Freedman Seating Co. (U.S.), Grammar AG (Germany), Harita Seating System Ltd. (India), Magna International Inc. (Canada), Saira Seats (France), Transcal Ltd. (U.K.), Camira Fabrics Ltd. (U.S.), Sears Manufacturing Company (U.S.), Seats Incorporated (U.S.), The C.E. White Co. (U.S.), and USSC Group (U.S.). These players have adopted various strategies such as new product developments, mergers, partnerships, collaborations, and expansions to enhance its position in the global market.

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