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Some of the major train seat market participants are
The industry is slated to witness new product developments and product range expansions by industry players. In October 2022, Magna, a manufacturer of automotive parts, formed a joint venture with Guangdong Huatie-Tongda Express Train Systems Inc. (Huatie) to provide novel seating options for certain automakers' new energy vehicles. Through this partnership, Magna expanded its seating business beyond the automotive sector and into the lucrative rail transportation sector.