The report "Train Seat Market by Function (Regular Seat, Recliner Seat, Folding Seat, Dining Seat, Smart Seat), Railcar Type (Overland Car, Subway Car, Long Distance Car), Comfort Type (High Comfort, Light Comfort), Geography - Global Analysis and Forecast to 2019", it is expected to reach $11,483.2 Thousand by 2019, growing at a CAGR of 4.9%, during the forecast period from 2014 to 2019.
Browse 70 market data tables and 58 figures spread through 110 pages and in-depth TOC on “Train Seat Market - Global Analysis and Forecast to 2019"
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Globally, governments are actively participating in developing the more convenient and faster ways of transportation. Investment in the high speed rail (HSR) infrastructure projects is one such initiative taken by governments across the globe. High speed railways are the best possible way to develop the mode of transportation as it helps in boosting the economic growth of a country, by providing economically viable (in long term) modes of transportation. There are several direct and indirect benefits of railways, for example, it reduces the distance between the cities, increases the productivity of different businesses by providing comparatively more convenient and cheaper ways of transportation, have a lower carbon footprint than the roadways and airways. The increase in government investments also directly contribute to the growth of this market. However, the major restraints of this market are the higher construction costs of new infrastructure required by this industry. The lack of capital in countries such as Argentina, Brazil, Colombia, and Malaysia also hinders the growth of this market. These countries have delayed their HSR projects pertaining to the aforementioned restraint, and this is adversely affecting the growth of the global train seat market.
Factors that are driving this market include government investments in high speed rail projects and an increasing demand from passengers for advanced safety features in high speed trains. Governments are actively involved in nurturing faster and convenient modes of transportation by investing in the high speed rail (HSR) infrastructure projects, globally. HSR plays a vital role in a nation's transportation system by delivering long-term and viable economic growth. However, the major restraints for the growth of this market are higher infrastructure costs and the lack of capital in countries, such as Argentina, Brazil, Colombia, and Malaysia. This report also provides a detailed analysis of the global train seat market and segments the same on the basis of function, railcar type, comfort type, and geography.
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The global train seat market is forecasted to clock a moderate growth in the next five years. Availability of various types of seats, such as regular, recliner, folding, dining, and smart seats caters to the different needs of passengers in high speed trains. This research report also analyzes the global train seat market on the basis of four macro segments, which are function, railcar type, comfort type, and geography. These macro segments have been further segmented in the following four categories:
- Function – Regular Seat, Recliner Seat, Folding Seat, Dining Seat, Smart Seat
- Railcar Type – Overland Railcar, Subway Railcar, Long Distance Railcar
- Comfort Type – High Comfort, Light Comfort
- Geography – North America, Europe and Asia-Pacific
The objective of this research study is to analyze the market trends for each of the function, growth rates of various railcar types, and the demand comparison for the comfort type (between high comfort and light comfort) in the train seat market. The report provides the market numbers, which are in USD thousands along with the annual shipments in thousand units for every segment, which is covered in the report for the forecasted period of 2014 to 2019.
Apart from the market segmentation, this report also makes use of the Porter’s Five Forces Analysis, which is the market’s value chain with a detailed process flow diagram and market dynamics, such as drivers, restraints, and opportunities in the global train seat market.
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This report profiles all major companies involved in the global train seat market, which are Faurecia Automotive Seating (France), Magna International Inc. (U.S.), Saira Seats (France), Freedman Seating Co., Ltd. (U.S.), Grammer AG (Germany), Transcal Ltd., (U.K), Camira Fabrics Ltd. (U.S.), Fainsa (Spain), Sears Manufacturing Co. (U.S.), Seats Incorporated (U.S.), C.E White Co. (U.S.), Harita Seating Systems Ltd. (India), Wise Company, Inc. (U.S.), USSC Group (U.S.), and Fenix Group LLC (Russia) among others.
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