Global Bus Seat Market: Overview
Buses are one of the frequently used means of transportation owing to its high frequency and reliability. As the population around the world is increasing, transportation is of utmost need. The increasing demand for bus seat for a coach, school, transfer, and transit buses have raised the opportunities for the bus seat market growth. The school bus and transit types would be the key users of bus seats owing to the increasing need for transportation services in the educational and public domains.
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The main factor for the rise of the bus seat market is the increasing need for luxury and comfort in transportation by bus that leads to boosting the production of bus seats for different types of bus services. High population, ample expenditure in transportation by bus by governments, expansion in private and tourism industries owing to rising expendable income are few other factors that contribute to the growth of the bus seat market.
The bus seat market can be segmented on the basis of comfort type, seat type, bus type, and geography. The comfort type segment is further classified as high and low. The seat type segment of bus seat market is divided into the recliner, a regular passenger, integrated child, driver, and folding. Recliner seats can be adjusted as per the passenger needs. The recliner seats give a lumbar support, a self-sufficient footstool, which can bend with an angle of users’ legs for more comfort and weight of the user, and flexible headrest. Hence, the demand is high in the market for recliner bus seats. The bus type segment is diversified as a transfer, school, transit, and coach. The need for buses in schools for convenience and safety reasons of children is anticipated to grow the bus seat market and will remain as a trend in the future too. Geographically, the global bus seat market is segmented as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
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The Asia-Pacific region is anticipated to grow in the bus seat market owing to the increasing rate of bus transportation services due to increasing demand for transportation mediums and the high population is few of the key components. The ever-growing population is a major factor contributing to the increasing demand for bus seats in India and China. Hence, the market in Asia Pacific is assumed to grow fast during the coming period.
Market Competitive Players
The key players in the bus seat market are Freedman Seating Company, Faurecia, Ganther, Lear Corporation, Harita Seating Company, and Aisin Seiki Co. Other major players influencing the global market include Taichi-S Co., Magna International, Toyota Boshoku Corporation, and NHK Springs, Co., Ltd.
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Global Bus Seat Market by Geographical Analysis: North America( U.S.), Europe( UK, France, Germany), Asia-Pacific (China, Japan, India), Latin America( Brazil), Middle East and Africa
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