Worldwide Train Seat Market forecasts on regional growth, industry players and more by 2024

<strong>Train</strong> <strong>Seat</strong> <strong>Market</strong> share research by applications
and regions for 2016-2024: Global <strong>Market</strong> Insights
Inc.
The Latest <strong>Market</strong> Research Report on “<strong>Train</strong> <strong>Seat</strong> <strong>Market</strong> Size, Industry Outlook,
Regional Analysis (U.S., Canada, Germany, UK, France, Italy, Russia, China,
India, Japan, Malaysia, Thailand, Indonesia, Australia, Brazil, Saudi Arabia,
UAE, South Africa), Application Development, Competitive Landscape &
Forecast, 2016 – 2024”, The global <strong>Train</strong> <strong>Seat</strong> market share report provides
numbers for applications and regional segments of the industry covering historical as
well as forecast data for decision makers.
Rising need of passenger safety features in high speed rails will further fuel the
industry growth. Moreover, growing trend of high speed rails across the globe is
expected to increase the train seat market demand.
High speed rails require greater infrastructure than the traditional trains and thus
require larger investment. Lack of essential infrastructure owing to excessive costs
pose a threat to this market growth across the globe. Lack of capital in few
economies that include Columbia, Brazil, Malaysia, and Argentina will further hinder
the industry growth as new projects get delayed owing to lack of funds.
Active participation and heavy investments by government in new railway projects
will increase the production of high speed trains at a higher rate. They ensure an
operating speed of approximately 200 km/hr, and provides the passengers with
enhanced service. Demand of high speed railways is rising owing to their vital role in
any country’s transportation system. They minimize the energy consumption levels
and are environment friendly. Moreover, they enhance business productivity by
providing practical alternative for domestic transportation by lowering traffic
congestion.
Leather can withstand daily rigorous transportation of numerous passengers.
Moreover, it is affordable and attractive simultaneously. Vinyl is another material that
is used instead of leather owing to less cost and three-fold durability.
This investment aims to increase the overall production of rails, improvised seating
capacity, and enhanced passenger seating and travelling experience. Thus,
manufacturers are focusing on providing the passengers with seats that are featured
with resistance to any external damage, light weight and high comfort level.
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High speed rails are anticipated to showcase highest growth rate over the forecast
timespan owing to numerous announcement of high speed rail projects in various
economies across the globe. Rising demand of economic and fast transportation
alternatives has further fueled this segment’s growth.
North America is anticipated to showcase significant growth rate during the forecast
period owing to announcements of numerous metro, monorail, and light-train
projects in various economies.
<strong>Market</strong> players include Magna International Inc., USSC group, Camira Fabrics,
Freedman <strong>Seat</strong>ing Co., Harita, Saira, Transcal Ltd., Sears Manufacturing Company,
The C.E. White Co., <strong>Seat</strong>s Incorporated, Fenix Group, Fainsa, Horiba Mira Ltd.,
Kustom <strong>Seat</strong>ing Unlimited Inc., Rescroft Ltd., and Ulrich <strong>Seat</strong>s Ltd.
Manufacturers are focusing on developing innovative seating solutions to provide the
customers with high comfort level. For instance, in December 2014, Bay Area Rapid
Transit (BART) replaced woolen train seats with vinyl as they are more comfortable
and cost effective than leather.
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