Train Seat Market - Global Industry Analysis

1. Train Seat Market - Global Industry Analysis The global train seat market was valued at approximately US$ 1.2 Bn in 2017 and is expected to register a CAGR of 1.9%. Railways are the cheaper and suitable mode of transportation. Railway infrastructure contributes building the economic growth of the country. It is generally considered as largest end use in developed countries as well as rapidly growing end-use in most developing countries. Train seats are usually made with cushion for comfortable seating in trains for long or short journeys. They are available in various types like folding seat, recliner seat, etc. These seats are made available with various features for multifunctional purpose depending on which type of train it is going to be used. train seats are made up of polyurethane foam and Rexene cloth. Rexene material is used in railway seat covers. The Rexene material is constructed from single or multiple poly vinyl film layers with choice of backing cloth. Synthetic cloth like polyester and rayon is used. The Rexene material is fire retardant coated fabric. Depending upon their travel class, the passenger seats feature different seating arrangements or berths subject to availability. The key factor driving the growth of the global train seat market is rising preference for comfortable and multi-functional seats that provide entertainment systems as part of their overall assembly provide passengers an additional service apart from other intermarries during travel. Also, multifunctional train seats are used in premium trains or in trains where pricing is relatively on the higher side. This is mainly done with an aim to provide additional facilities for passengers such as charging ports, cup holders, and reading lamps. Download Free Sample @ https://bit.ly/2IuEI8l 1 | P a g e

2. However, high cost of mutational seats is a major factor restraining growth of the global train seat market. In addition, limited amount spent by government for refurbishment and development of old trains is other factor expected to hamper growth of the global train seat market. In addition, Lack of capital in emerging economies for construction and expansion of existing rail networks, which limits demand for newer trains and in turn for train seats. Also, limited amount of capital spent by governments for refurbishment and development of existing trains in emerging economies is limiting adoption of newer train seats is expected to hamper the growth of the global train seats market. Market Segmentation: Global train seat market segmentation, by type: -Regular seat -Recliner seat -Folding seat The global train seat market was valued at approximately US$ 1.2 Bn in 2017 and is expected to register a CAGR of 1.9%. 2 | P a g e

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