Non-recliner Train Seat Market: Introduction
Increasing utilization of trains for local and urban commute and rising country-wise transportation is estimated to drive the non-recliner train seat market. Train seats are generally in the form of a bench, which may or may not have cushion on them. Non-recliner train seats are normal seats that have adjacent space to walk, and they does not fold or bend backwards similar to recliner seats. Non-recliners require low maintenance cost, as they do not have any added mechanism. These seats are light in weight and needs less space and consequently, trains can accommodated more passengers.
Key Drivers of Non-recliner Train Seat Market
Increasing urban and local train connectivity in most developed and developing countries and rise in investment to develop train infrastructure is fueling the non-recliner train seat market. Moreover, improving business efficiency and productivity in densely populated cities across the world is boosting the use of train transportation, which further propels the demand for non-recliner seat. Use of trains in densely populated areas for daily commute is estimated to reduce traffic congestion and reduce pollution in that area.
Rising government investments, service agreements with prominent market players and adoption of several policies that are targeted toward the repair of existing infrastructure of trains, along with development of new rail networks fuel the non-recliner train seats market. Moreover, increasing initiatives to start repair and maintenance activities in the fleets of aging trains also propels the non-recliner train seat market.
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Volatility in prices of raw material and huge investments in the development of railway infrastructure are considered as major challenges for the expansion of non-recliner train seat market, as volatility in prices of raw materials that are required for the manufacture of train seats increases the cost of production.
The outbreak of COVID-19 pandemic prompted governments to impose lockdowns across the world, which led to the shutdown of manufacturing processes and hampered the sales and demand for non-recliner seats. Furthermore, global transportation such as from locals and metro trains was disrupted, which halted the railway services and hence hindered the aftermarket for repair and maintenance aging trains. Likewise, the COVID-19 pandemic also impacted the global supply chains that resulted in shortage of supply of raw material to manufacturing companies of seats, which in turn restrained the train seats market.
Opportunities in Non-recliner Train Seat Market
Demand for high-speed trains is increasing across the world, which have a lesser impact on the environment as compared to that by other trains and modes of transport. High speed trains reduces emission of gas and consume less energy, which fuels their adoption by governments. Therefore, increasing demand for high-speed trains is expected to drive the non-recline seats market during the forecast period. In November 2020, the 5-Point High Speed Rail Plan was released by the U.S. High Speed Rail Association (USHSR). This plan