According to the report titled ‘Train Seat Market Size, By Train (Regional/Intercity, High-speed, Metro, Light), By Product (Non-recliner, Luxury/Premium, Recliner, Subway Seats, Sleeper/Couchette), By End-user (OEM, Aftermarket), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2021 – 2027,’ available with MarketStudyReport, global train seat market is expected to amass notable returns during the forecast period 2021-2027.
 

The rising emphasis placed by governments on the improvement of trains, increasing expenditure on developing smart city infrastructure, and surging demand for rapid urban transits are factors aiding the expansion of global train seat market.

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Besides, the launch of new & advanced trains which are energy-efficient and environment-friendly, coupled with the soaring research & development activities in the field are estimated to facilitate the business scenario in the forthcoming years. 

Despite this, the frequent fluctuations in the prices of raw materials is likely to impede the progress of the market during the analysis timeline. 

In terms of train type, the light trains segment of worldwide train seat industry is anticipated to witness a substantial growth rate during the assessment timeframe, given the advantages like low operating costs, lesser noise pollution, and more comfortable rides as compared to other modes of transport. 

Based on product ambit, the subway vertical is poised to expand at 5% CAGR during the projected timeline, owing to the recent incorporation of premium trains, especially in developing economies, and the rapid metro expansion across metro cities. 

From a regional point of view, Middle East & Africa market accounts for over 5% revenue share at present and is predicted to generate noteworthy returns during the review period, due to the widely growing rail infrastructure, which is increasing the sales of the product in the region. 

The prominent players in global train seat industry are Compin-Fainsa, Freedman Seating Co., Shanghai TanDa Railway Vehicle Seat System Co., Ltd., Grammar AG, McConnell Seats, KTK Group Co. Ltd., KSU N.A. LLC, Saira Seats SAS, Transcal Ltd., Lazzerini Srl, GINYO Transport Facilities Co. Ltd., FISA Srl, Seats Incorporated, Franz Kiel GmbH, and Ussc Group among others.