Global Marine Seats Market is valued approximately USD 1.48 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 4.9 % over the forecast period 2022-2028.
Marine Seats High-speed motorboats and warships are constructed from a vast array of components, many of which must provide optimum occupant safety. The chairs within the ship are one of the most important defensive elements. Increasing demand for travel by cruise worldwide is driving the growth of the market. According to the UN Tourism Organization, international tourist arrival can grow up to 1.8 billion by 2030. The number of travellers using water transportation increased to 30 million in 2019. Along with this for recreational and athletic purposes, there is a growing demand for boats and other maritime vehicles. Additionally, an increase in boat fairs and activities has encouraged people to buy recreational marine vessels. Furthermore, the marine sector has noticed a rise in employment prospects and work engagement. According to UNCTAD, many maritime enterprises think that the prospects provided by the sector have grown recently which creates an opportunity for the marine seats market. Furthermore, Cruise companies are expanding their passenger seating capacity significantly in response to consumers rising infatuation with opulent marine travel. These elements all contribute to the worldwide market for marine chairs expanding. However, the demand for the sector is being impacted by the growing expense of the materials needed to build ships. A decline in demand for ships might result from rising material costs and operating costs. impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Marine Seats market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Latin America is the leading region across the world in terms of market share because they hold the majority of marine boats and ship manufacturing. Europe is accounted to be the fastest growing region in the marine seat market due to their high number of routes to explore, along with the manufacturing power.
Major market players included in this report are:
West Marine
Sun Marine shipping services LLC
Recaro Holding
Allsalts
Shockwave
Quality Pacific Manufacturing Inc.
Thomas Scott Seating Ltd.
Swann System Ltd.
Springfield Marine Company
The Wise Company, Inc
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Ship Type
Commercial
Military
By Seat Type
Captain Seats
Passenger Seats
Crew Seats
General Seats
By End User
OEM
Aftermarket
By Component
Frame
Material
Upholstery
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Marine Seats Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors