Marine Seats Market Witness the Growth of $2.5 Billion by 2025

1. Marine Seats Market Witness the Growth of $2.5 Billion by2025 AccordingtothenewresearchreporttheMarineSeatsMarketisestimatedtobeUSD 1.9 billion in 2019 and is projected to reach USD 2.5 billion by 2025, at a CAGR of4.7 % from 2019 to 2025. The increasing demand from leisure voyages and recreational boating activities worldwide are the major factors expected to drive the market for marine seats globally. Development of advanced and cost-effective marine seats for various ship types is an opportunity for companies in themarket. Browse 68 market data Tables and 26 Figures spread through 110 Pages and in- depth TOC on "Marine Seats Market - Global Forecast to2025" Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=107127122 Commercial ships segment to grow at a higher CAGR in marine seats market among ship type segments during forecastperiod Based on ship type, the commercial ships segment is projected to grow at the highest CAGR during the forecast period. The increasing demand for highly efficient marine seats, which are shock absorbent and ergonomic, for commercial vessels is driving the commercial ships segment. Motorboats require the largest number of shock-absorbent marine seats; the motorboats segment is expected to witness growth due to advantages such as low cost of maintenance, better deck area, and better engine accessibility. Another factor supporting the growing demand for motorboats is the rise in recreational activities such as fishing, cruising, and water sports. Aftermarket segment expected to lead marine seats market among endusers Based on end user, the aftermarket segment is expected to lead the marine seats market during the forecast period. The use of different types of marine seats in a wide range of ship types such as bulkers, cargo ships, recreational boats, and military vessels, among others, is expected to drive the aftermarket for marine seats. Activities such as fishing, cruising, and water sports can be conducted using motorboats. An increase in these activities and the growing preference of customers to install modern seating are also expected to drive the marine seats aftermarket. North America has the highest potential for implementation of marineseats North America is estimated to account for the largest share of the marine seats market in 2019. North America has witnessed rapid demand for recreational boating over the past few years. The increasing demand for high speed crafts such as yachts and motorboatsisleadingtoarisingdemandformarineseats.Majorityofthemarine

2. seats manufacturing facilities of leading players are based in the North American region. Key MarketPlayers The key players in the marine seats market are West Marine (US), Norsap (Norway), TRESEA (China), Scott Seats (Scotland), and STIDD Systems(US). Ask for Sample Report@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=107127122 AboutMarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr.Aashish Mehra MarketsandMarkets™INC. 630 DundeeRoad Suite 430 Northbrook, IL60062 USA:1-888-600-6441