Transparency
Market Research Report Added "Train
Seat Market".Active participation of government has
helped in developing faster and convenient way of transportation.
High speed rail runs faster than the traditional rail traffic. This
high speed train operates on standard gauge tracks of continuous
welded rail. High speed railway is the most excellent way to expand
the form of transportation. It fuels the country’s economic growth
and provides economically viable mode of transportation during long
run. Railways help to reduce distance between cities and also
increase business productivity by providing affordable and convenient
way of transportation.
The Train seat
market is primarily driven by the increasing government investment.
With the increasing government investment they are nurturing
convenient and faster modes of transportation globally. Another
important driver driving the train seat market is the increasing
safety features among passengers in high speed trains. The passengers
opt for safety while travelling in high speed train. Thus, increasing
safety among passengers is likely to drive the growth of train seats
market globally.
The major restraint
of train seat market is greater infrastructure cost. The high speed
railways need greater infrastructure which needs greater cost. Lack
of proper infrastructure due to high cost leads to introduction of
fewer trains, which is likely to limit the demand of train seat
market globally. Another important restraint of this market is
deficiency of capital in some countries like Brazil, Colombia,
Argentina and Malaysia. Introduction of high speed train requires
huge capital. The train seat market is directly related to the
introduction of new trains. Due to lack of capital these countries
delayed their high speed railway project which is acting as major
restraint affecting the train seat market’s growth.
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Report Copy :
The major
opportunity of train seat market is the introduction of new trains.
This is likely to increase the demand of train seat market during the
forecast period. With the increasing demand of trains, the demand for
train seats also increasing tremendously. Investment in high speed
train projects by government is likely to increase the introduction
of train greater than the current rate. Hence it is forecasted that
the train seat market is likely to grow rapidly during the forecasted
period, creating one of the major opportunities in the market.
The train seats
market is segmented by function type which includes recliner seat,
regular seat, folding seats, smart seats and dining seats.
Furthermore, the market is segmented by railcar type that includes
long-distance car, subway car, and overland car. Based on type of
comfort the market is segmented into two types including light
comfort and high comfort seats.
Key Players :
Some of the players
in the train seats market are Freedman Seating Co. Ltd. (U.S.), Magna
International Inc.(U.S.), Saira Seats (France), Automotive Seating
(France), Camira Fabrics Ltd. (U.S.), Transcal Ltd (U.K.), Sears
Manufacturing Co. (U.S.), Harita Seating Systems Ltd. (India), C.E
White Co. ( U.S), Wise Company Inc. (U.S), Fenix Group LLC (Russia)
and USSC Group (U.S.) among others.
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