Marine Seats Market Research Report - Global Forecast till 2027

Global Marine Seats Market Research Report: Information By Seat Type (Captain Seats, Crew Seats, Passenger Seats and General Seats), End User (OEM and Aftermarket), Component (Frame, Material and Marine Upholstery), Ship Type (Commercial and Defense) and Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2027

ID: MRFR/A&D/8755-HCR | February 2021 | Region: Global | 163 pages

Market Scenario


Global Marine Seats Market is projected to register a 4.5% CAGR during the forecast period, 2020 to 2026. Marine seats or pedestals are the found abode yachts, boats, ferries, and other sea vessels. These seats are a combination of a variety of components such as suspensions and are designed to offer protection to sailors and passengers on board from the shockwaves generated by sea waves. The seats also offer a comfortable and stable position onboard for managing navigation while at sea.


Market Synopsis


The global marine seats market is projected to register significant growth during the forecast period owing to factors such as the increasing international seaborne trade and growing maritime tourism industry. Furthermore, increasing worldwide cruise travel is also expected to drive the growth of the market. Additionally, the increasing collaboration between marine seat manufacturers and boat manufacturers is also expected to drive the growth of the global market. For example, in 2019, KingFisher Boats and Shockwave Seats entered into a partnership to develop the Shockwave S5 marine suspension module, which the former offers as an option to its offshore and coastal series boats.


However, issues related to regular maintenance and cleaning and high material cost might hamper the growth of the global market.


Market USP


The marine seats market is witnessing huge demand due to advancements of new port cities in emerging economies, technological improvements in the marine industry, and authoring of marine safety systems in several countries.


Market Drivers



  • Growing international seaborne trade



  • Increasing worldwide cruise travel



  • Growing maritime tourism industry



  • Rising awareness about maritime safety rules: The growing awareness about maritime safety norms and rules due to the growing threats of geopolitical disputes and digitalization is expected to drive the growth of the market.


Market Restraints



  • Issues related to regular maintenance and cleaning

  • High materials and operations cost


Segmentation


By Seat Type



  • Captain Seats: This segment dominated the market in 2019, owing to the increasing demand for captains for various types of ships and cruises such as the passenger cruises.



  • Crew Seats: The rising demand for skilled crew members on the ships for providing enhanced services to passengers is expected to drive the growth of the segment in the global market.



  • Passenger Seats: The passenger seats segment is expected to grow with the highest CAGR during the review period, 2020 to 2026, owing to the growing worldwide cruise travel due to the increasing seaborne passenger traffic across the globe.



  • General Seats: The increasing development of large ships that can accommodate more passengers is expected to increase the demand for general seats.


By End-User



  • OEM: The OEM segment is expected to grow at a higher CAGR during the forecast period. The rising trade activities across the world are expected to lead to new shipbuilding orders, which will drive the growth of the segment in the global market.



  • Aftermarket: The growing demand for the replacement of marine-grade vinyl upholstery in ships is expected to drive the growth of the aftermarket segment in the global market.


By Ship Type



  • Commercial: The commercial segment dominated the global market in 2019 and is expected to grow at a higher CAGR during the review period. The growing marine tourism industry across the globe is expected to drive the growth of the segment.



  • Defense: This segment is expected to register significant growth during the forecast period. The increasing naval modernization programs undertaken by countries such as the US, China, India, and Russia are expected to drive the growth of the segment during the forecast period.


By Region



  • North America: North America dominated the marine seats market in 2019 due to the presence of prominent companies such as Professional Components and Stidd Systems, Inc.



  • Europe: The increasing development of advanced ships such as autonomous ships and connected ships is expected to drive the regional market growth.



  • Asia-Pacific: Asia-Pacific is projected to register the highest CAGR in the global market during the forecast period. The growing marine industry in countries such as China, India, Japan, and Malaysia is expected to increase the demand for marine seats in the region.



  • Rest of the World: Increasing tourism and import-export of goods in various countries such as South Africa, GCC, and Brazil are expected to increase the demand for marine seats in the region.


Key Players



  • West Marine (US)

  • NORSAP AS (Norway)

  • JIANGSU TRASEA MARINE SEATING LTD (China)

  • ScotSeat Group (UK)

  • Stidd Systems, Inc. (US)

  • TEK Seating (UK)

  • GRAMMER AG (Germany)

  • Springfield Group (US)

  • Thomas Scott SeatingLtd (UK)

  • Professional Components (Canada)


Other Prominent Players



  • Ullman DynamicsLLC (Sweden)

  • Alu Design AS (Norway)

  • Todd Enterprises (US)

  • Allsalt Maritime Corporation (Canada)

  • Besenzoni SpA (Italy)



Report Scope:
Report Attribute/Metric Details
  Market Size   Significant Value
  CAGR   4.5% (2020-2027)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Seat Type, End User, Component and Ship Type
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   West Marine (US), NORSAP AS (Norway), JIANGSU TRASEA MARINE SEATING LTD (China), ScotSeat Group (UK), Stidd Systems, Inc. (US), TEK Seating (UK), GRAMMER AG (Germany), Springfield Group (US), Thomas Scott SeatingLtd (UK), Professional Components (Canada), Ullman DynamicsLLC (Sweden), Alu Design AS (Norway), Todd Enterprises (US), Allsalt Maritime Corporation (Canada) and Besenzoni SpA (Italy)
  Key Market Opportunities

  • The marine seats market is witnessing huge demand due to advancements of new port cities in emerging economies
  • Technological improvements in the marine industry
  • Authoring of marine safety systems in several countries.
  •   Key Market Drivers

  • Growing international seaborne trade
  • Increasing worldwide cruise travel
  • Growing maritime tourism industry


  • Frequently Asked Questions (FAQ) :


    Global marine seat market is projected to register a moderate 4.5% CAGR in the forecast period.

    The passenger segment is expected to observe substantial demand over the review period.

    A few eminent market players operating in the global marine seat market areTEK Seating (UK), GRAMMER AG (Germany), West Marine (US) among others.