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Train Seat Market Share

  • Report ID: GMI1617
  • Published Date: Feb 2023
  • Report Format: PDF

Train Seat Market Share

Some of the major train seat market participants are

  • Freedman Seating Co.
  • United Safety & Survivability Corp
  • Grammar AG.
  • Saira Seats
  • KTK Group
  • Seats Incorporated
  • United Safety
  • Shanghai Tanda

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.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of train seat was worth USD 1.5 billion in 2022 and is projected to grow at 4.5% CAGR during 2023 to 2032 driven by the rising expenditure on rail infrastructure improvement.

The metro train seat industry is expected to witness 4.5% growth between 2023 and 2032 owing to the rising demand for enhanced transportation network infrastructure led by rapid urbanization and rise in population.

The APAC market is anticipated to attain 5% gains through 2032 fueled by governments' increasing emphasis on introducing new technology for the modernization of regional railway transportation infrastructure.

Freedman Seating Co., United Safety & Survivability Corp, Grammar AG., Saira Seats, KTK Group, Seats Incorporated, United Safety, and Shanghai Tanda are some of the major participants in the global train seat business scenario.

Train Seat Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 362
  • Countries covered: 16
  • Pages: 375
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