Train Seat Market 2018 Top Key Players Magna International, USSC, Camira Fabrics, Freedman Seating, Harita, Saira, Transcal, Sears Manufacturing, Seats Incorporated, Fenix, Fainsa, Horiba Mira, Kustom Seating Unlimited, Rescroft, Ulrich Seats

Market Overview:-

Global Train Seat Market is divided into passenger, high speed, light, monorail, and tram. Passenger train segment is projected to dominate the market in the forecast timeframe owing to rising demand for passenger trains across the globe. Moreover, high capacity and enhanced passenger safety features will propel the industry growth.

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High railway infrastructure investment is a major challenge faced by this industry. 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.

Top Key Players:-     

The key players of global Train Seat Market are Magna International Inc., USSC group, Camira Fabrics, Freedman Seating Co., Harita, Saira, Transcal Ltd., Sears Manufacturing Company, The C.E. White Co., Seats Incorporated, Fenix Group, Fainsa, Horiba Mira Ltd., Kustom Seating Unlimited Inc., Rescroft Ltd., and Ulrich Seats.

Regional Segmentations:-

Asia Pacific is projected to exhibit the largest market share over the forecast timeframe owing to rising need of effective and enhanced transportation system. Rising urban population and living standards in this region will lead to increase in efficient transport system demand. Furthermore, government initiatives and rising investments in development of enhanced rail projects will further propel industry growth in this region.

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.

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Passenger comfort is a major factor for product differentiation in train seat market. Industry players are focusing on selecting raw materials and their suppliers carefully to provide high comfort level to passengers. For instance, Camira Fabrics Ltd offers customized fabric for seats. However, manufacturers have shifted their focus from fabric to leather owing to its robust features. 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.

Continuous government support for developing enhanced railway infrastructure in various economies has favored the industry growth. For instance, in 2014, UK government revealed the investment of 38 billion pounds in development of railway infrastructure. 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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