Train seat market in North America will exhibit more than 4.5% growth rate by the end of the forecast time period. Surging investments in high-speed rail infrastructure will drive the regional industry growth. Citing an instance, FRA (Federal Railroad Administration), in 2020, accepted environmental clearance for Texas Central high-speed railroad project. The 390-km line is expected to link Houston and Dallas in just 90 minutes, with trains traversing the line every 30 minutes during rush hours. The $20 billion Texas Central Railway project is anticipated to start its construction activities in 2021.

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The train seat market is set to build up remunerative growth momentum over the coming years owing to rising government investments and initiatives toward train manufacturing. Rapid expansion of urban train infrastructure across a number of emerging economies will also augment the market growth through the forecast timeline.

Various planned initiatives relating to rail transport are stimulating the industry share in a distinguished manner. Citing an instance, in February 2021, the European Union declared 2021 as the 'European Year of Rail', wherein it has planned a plethora of initiatives to bring the benefits of rail transport in the limelight.

The market size from sleeper/couchette train seats is pegged to show a significant growth number in the next few years. This can be attributed to the increasing utility of high-speed trains, inclusive of CRH1E, CRH2E, and CRH5E, which operate between Beijing-Guangzhou and Beijing-Shanghai.

Revenue from OEM end-users reached more than 45% of the overall train seat market share in the previous years. This is due to the multiple partnerships and multi-year contracts constantly undertaken by the OEMs with manufacturers and suppliers for a stable supply of products. These end-user companies are also adopting several collaborative procedures that focus on R&D for creating customized seats for passengers in order to improve their safety, comfort, as well as conveyance during travel. Besides, new trains are repeatedly introduced across various categories, particularly in the high-speed rail.

The project is named the USMCA Corridor, after the novel United States-Mexico-Canada trade agreement between all the three countries. Estimates suggest, the train tracks would cover approximately 146,000 miles of current track with an extra 54 miles to be added in Mexico through the course of the project. 

FISA Srl, Seats Incorporated, KTK Group, Franz Kiel GmbH, Transcal Ltd., Grammar AG, USSC Group, Seating Co., GINYO Transport, and Saira Seats among others are some of the key players operating in the train seat market.

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Some Point from Table of Contents:

Chapter 5   Train Seat Market, By Product

5.1    Global train seat market product insights

5.2    Non-recliner

5.2.1    Market estimates and forecast, 2017 – 2027

5.2.2    Market estimates and forecast, by region, 2017 – 2027

5.3    Luxury/Premium

5.3.1    Market estimates and forecast, 2017 – 2027

5.3.2    Market estimates and forecast, by region, 2017 – 2027

5.4    Recliner

5.4.1    Market estimates and forecast, 2017 – 2027

5.4.2    Market estimates and forecast, by region, 2017 – 2027

5.5    Subway seats

5.5.1    Market estimates and forecast, 2017 – 2027

5.5.2    Market estimates and forecast, by region, 2017 – 2027

5.6    Sleeper/Couchette

5.6.1    Market estimates and forecast, 2017 – 2027

5.6.2    Market estimates and forecast, by region, 2017 – 2027

5.7    Others

5.7.1    Market estimates and forecast, 2017 – 2027

5.7.2    Market estimates and forecast, by region, 2017 – 2027

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