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Train Seat Market Share

Report ID: GMI1617
Published Date: Jun 2024
Report Format: PDF

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Train Seat Market Share

The train seat industry is consolidated due to the presence of local and global players. In 2023, the players, such as Toyota Boshoku, Franz Kiel GmbH, Grammer AG, Magna International Inc., USSC Group, Compin-Fainsa, Fenix Group and Saira Europe S.p.A. collectively held around 20%-25% market share. These prominent players are proactively involved in strategic endeavors, such as mergers & acquisitions, facility expansions & collaborations, to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position.

Train Seat Market Companies

Major companies operating in the train seat industry are:

Be-Ge Seating Division
Chapman Seating Ltd.
Compin-Fainsa
Fenix Group
Franz Kiel GmbH
Freedman Seating Company
GINYO Transport
Grammer AG
Kustom Seating Unlimited, Inc.
Magna International Inc.
Rescroft Limited
Saira Europe S.p.A.
Toyota Boshoku
Transcal Ltd.
USSC Group

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of train seat reached USD 2.7 billion in 2023 and is set to witness 4.1% CAGR from 2024 to 2032, due to the increasing railway networks and rapid urbanization and growing connectivity.

The non-recliner segment in the train seat market held 43% revenue in 2023, due to their cost-effectiveness and space-saving design.

North America market size is expected to reach USD 800 million by 2032, driven by demand for on key intercity routes and environmental considerations.

Be-Ge Seating Division, Chapman Seating Ltd., Compin-Fainsa, Fenix Group, Franz Kiel GmbH, Freedman Seating Company, GINYO Transport, Grammer AG, Kustom Seating Unlimited, Inc., and Magna International Inc., among others.