According to a research report "Bus Seat Market with COVID-19 Impact Analysis, by Component, Comfort Type (High comfort, Low Comfort), Seat type (Regular passenger Seat, Recliner Seat, Folding Seat, Driver Seat, Integrated Child Seat), Bus Type and Region - Global Forecast to 2027" published by MarketsandMarkets, the bus seat market is expected to grow from USD 12.5 billion in 2022 to USD 16.3 billion by 2027, at a CAGR of 5.6%. The market growth can be attributed to several factors, such as increasing demand for electric bus is rising demand for bus seats.
Browse 116 market data Tables and 48 Figures spread through 161 Pages and in-depth TOC on "Bus Seat Market with COVID-19 Impact Analysis, by Component, Comfort Type (High comfort, Low Comfort), Seat type (Regular passenger Seat, Recliner Seat, Folding Seat, Driver Seat, Integrated Child Seat), Bus Type and Region - Global Forecast to 2027"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/bus-seat-market-266554775.html
Bus seats for school buses to grow with the highest CAGR during the forecast period
School buses are widely used for the bus seat application. School buses are designed to transport children to the school and back to residence. Bus seats with proper child safety measure are growing in demand as school authorities and parents are working on improving child’s safety. Proper bus seats with seat belts are used avoid danger to children in an event of accident. Integrated child seats are growing in application for school buses where the seats can be adjusted to fit a young child travelling in the bus. Many developed countries like US, Canada, UK, Germany are making it mandatory to provide integrated child seats to improve the safety of School buses.
Regular passenger seat segment to hold the largest share of the market during the forecast period
Regular passenger seats are seats with basic features and with seating comfort for essential bus travels. These seats are used majorly as they are inexpensive compared to other bus seats and can be default choice for any buses. Regular passenger buses are mostly fitted on public transit buses where the travelling time is less than 100 mins. High comfort type regular passenger seats have been increasing used for long intercity bus travels where passengers can comfortably travel for multiple hours.
Asia Pacific region is expected to witness the highest growth during the forecast period.
The market in APAC for bus seats holds the largest share in any region. This is owned to the fact that bus is highly used by many Asian countries as a major mode on transportation. Many APAC countries are developing and majority of population in cannot afford a private vehicle like car, hence they travel via bus. Many urban areas are densely crowded with population hence to avoid large traffic congestion in the cities people travel by buses to commute to work or to reach at any part of the city.
Some of the key companies operating in the market are Faurecia (France), GRAMMER AG (Germany), Magna International Inc. (Canada), Freedman Seating Company (US), Franz Keil GmbH (Germany), Adient (US), ISRINGHAUSEN GmbH (Germany), Lear Corporation (US), NHK Springs (Japan), Toyota Boshoku (Japan), Tachi-S (Japan), Minda Industries (India), Commercial Vehicle Group (US), Lazzerini SRL (Italy) and so on.
Don’t miss out on business opportunities in Bus Seat Market. Speak to our analyst and gain crucial industry insights that will help your business grow.
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.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
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.
Mr. Aashish Mehra
630 Dundee Road
Northbrook, IL 60062
USA : 1-888-600-6441