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    Europe Train Seat Market Forecast 2027 By End-user (Aftermarket, OEM), By Train (High Speed, Regional/Intercity, Light, Metro), By Product (Recliner, Non-recliner, Subway Seats, Luxury/Premium, Sleeper/Couchette), Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share
    Published Date: June 2021   |   Report ID: GR1861   |   Delivery: PDF  Request Free Sample

    Europe Train Seat Market size surpassed USD 609 million in 2020 and is predicted to register a growth of 4.2% from 2021 to 2027. Growing number of high-speed railway projects coupled with rising investments by the government to develop the railway infrastructure will fuel the market demand.

    Europe Train Seat Market

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    Train seats are used as a form of bench for sitting purposes, which are both cushioned and non-cushioned. These seats play a crucial role in defining passenger comfort and safety during any train journey. Increasing productivity in major cities, rising urban population, and growing rail infrastructure across the region will have significant impacts on the train seat demand.

    Europe is heavily investing in the railway sector through various projects such as Shift2Rail, Roll2Rail, Greenrail, and X2Rail-1, among others. Additionally, Germany, a lucrative market in the European region announced to invest around USD 15.3 billion in the country’s rail network in 2021. This is the highest amount a nation has ever spent on modernizing and expanding the rail network within a calendar year. Surging number of passengers traveling through railways is further having a positive influence on the Europe train seat market size. For instance, rail transport in the European Union was estimated at over 416 billion passenger-kilometers in 2019, an increase of 3.4% from the previous year.

    The outbreak of the COVID-19 pandemic is having a severe toll on the European rail sector. Manufacturers are expected to face several challenges owing to imposed lockdowns and shutdown of public transportation modes. Since European countries were among the most affected nations amid the coronavirus spread, several countries adopted stringent norms to control the COVID-19 impacts. The surge in the active cases in the region led to a significant drop in the number of passengers using rail transport in 2020. The key European markets witnessed a substantial downfall in the numbers. As per Eurostat, the number of passengers plunged by over 77% in France, Spain, and Italy in Q2 2020. On the other hand, Germany also registered a drop of around 59% during the same period.

    Europe Market, By Train

    Europe Train Seat Market

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    In Europe train seat market, regional/intercity trains segment generated over USD 400 million revenue in 2020 due to the availability of a large fleet of regional trains in operation and the improving focus on maintenance & refurbishment activities on the established network is fueling the seat demand for regional/intercity trains in Europe. Moreover, the rising requirements for smooth & efficient public transit systems owing to rising passengers will catalyze the remodeling activities in the sector.

    Europe Market, By End-user

    The aftermarket segment in the Europe train seat market will expand at 4% CAGR through 2027. The high growth of the segment can be ascribed to the increasing repair, maintenance, and overhaul of train seats. Growing efforts of product manufacturers to offer an enhanced overall passenger experience will augment the market growth.

    Europe Market, By Product

    Europe Train Seat Market

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    Recliner seats volume are expected to showcase around 4.5% growth during the forecast period led by product penetration into the night and long-distance trains. In addition, the rising number of passengers seeking a comfortable ride and increasing investments in regional, high speed, and intercity trains will substantially stimulate the demand for recliner seats.

    Competitive Industry Landscape

    Some of the key players involved in the Europe train seat market include Franz Kiel GmbH, FISA Srl, Lazzerini Srl, Freedman Seating Co., GRAMMER AG, KTK Group Co. Ltd., Transcal Ltd., and JINYO Transport Facilities Co., Ltd., among others.

    Major manufacturers are adopting key strategic initiatives to gain a competitive advantage over others by actively involving in strategies, such as partnerships, acquisitions, mergers, and production capacity expansion. For instance, Lazzerini Srl – a Italy-based manufacture of train seats entered into a partnership with the B4 fund to further drive the company’s growth through a global presence.
     


    Frequently Asked Question(FAQ) :

    How big is the Europe train seat segment?
    The industry size for train seat in Europe had achieved USD 609 million in 2020 and will expand at a growth of 4.2% up to 2027.
    What is the size of the Europe regional/intercity train seat sector?
    The demand for regional/intercity train seats in Europe exceeded USD 400 million in revenue in 2020 and will grow with the growing focus towards maintenance & refurbishment activities on the established networks.
    Why is the recliner train seat industry growing in Europe?
    The market revenue from recliner seats is pegged to observe a 4.5% growth in the coming years owing to higher penetration into night and long-distance trains.
    How is the train seat market forecast driven across aftermarkets in Europe?
    The regional industry share from the aftermarket end-user segment is anticipated to hit a 4% CAGR up to 2027 with the increase in repair, maintenance, and overhaul of the train seats.

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