Marine Seats Market by Seat Type (Captain Seats, Crew Seats, Passenger Seats, and General Seats), Component (Frame, Material, Upholstery, and Others), Ship Type (Commercial, and Military): Global Market Size Estimates and Forecast (2022–2030)
The market crossed US$ 1.5 billion mark in 2022 and is expected to hit US$ 2.0 billion by 2030, recording a CAGR of 5.0% during the forecast period.
Commercial ship type has been significantly growing with the high demand for motor boats which are mainly utilized for recreational activities such as fishing, boating, etc.
Rising demand for cruise travel across the globe and growing marine tourism with leisure activities are some of the major factors driving the growth of the marine seats market. With the increasing number of cruise ship passengers, and rise in the seaborne trading activities the marine seats market is expected to witness a significant growth during the forecast period. The passenger seats segment is expected to pace up with the rising number of marine and commercial ships. Further, crew seats segment is also expected to gain traction during the forecasted year.
Within the report, the marine seats market is segmented into seat type, component, ship type, and geography. By seat type, the marine seats market is further segmented into captain seats, crew seats, passenger seats, and general seats. On the basis of component, the marine seats market is segmented into frame, material, upholstery, and others. By ship type, the marine seats market is categorized into commercial and military. Geographically, the marine seats market is subsegmented into North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa.
Growth in the marine tourism activities is supplementing the growth of marine seats market.
Growth in the marine tourism, and adventure sports such as boating is boosting the marine seats market growth. Further, the growing demand for customized marine seats for yachts, boats and marine carriers is also contributing to marine seats market growth. In addition, the rising trend of 3D printing is expected to offer new opportunities in the coming few years. Increase in number of marine trade activities along with development in marine infrastructure and growing investment in R&D with focus on providing comfort through marine seat is gaining traction in the marine seats market. According to UN World Tourism Organization (UNWTO) the international tourist arrival is projected to reach 1.8 billion every year by 2030.
Rising inclination towards cruise travel is one of the major factors accelerating the marine seats market growth.
Major cruise liners such as Royal Caribbean, Norwegian, Carnival Cruises, and others are increasing their marine line carrying capacities to accommodate more passengers and voyages. According to the Cruise Market Watch 2021, the passenger count has witnessed an increase of 14 million from 7 million in 2020. The drop in the cruise travel mainly affected due to COVID-19 pandemic in 2020.
Recent strategic developments in marine seats market
The marine seats market has undergone several significant developments, and a few of these have been mentioned below:
- In 2022, Scotseat Group merged with KPM Marine, acquiring 50% of KPM Marine. This is expected to bring more product upskilling for Scotseat.
- In November 2021, Jiangsu Trasea Marine Seating Ltd., has developed a new plastic foldable armrest for passenger boats.
The marine seats market is driven by several players by implementing strategic activities such as investments, new launches, mergers & acquisitions, and partnerships. GRAMMER AG, Norsap (Imtra Corporation), ScotSeat Group, SHOCKWAVE, Springfield Group, Stidd Systems, Inc., Thomas Scott Seating Ltd., and Todd Enterprises are among the prominent players operating in the market.
Target audience for the report:
- Marine seat manufacturers
- Aftermarket services
- Shipbuilding operators, OEMs
- Cruise line companies
- Marine industry-related associations, organizations, forums, and alliances
- Government bodies, such as regulating authorities and policy makers
- Venture capitalists, private equity firms, and start-up companies
- End users of military, commercial applications
- Research institutes, organizations, and consulting companies
Scope of the report:
In this report, the market has been segmented on the basis of:
- Seat Type:
- Captain Seats
- Crew Seats
- Passenger Seats
- General Seats
- Component
- Frame
- Material
- Upholstery
- Others
- Ship Type:
- Commercial
- Military
- Region
- North America
- Europe
- Asia Pacific (APAC)
- South & Central America
- Middle East & Africa
- Companies profiled
- GRAMMER AG
- Norsap (Imtra Corporation)
- ScotSeat Group
- SHOCKWAVE
- Springfield Group
- Stidd Systems, Inc.
- GRAMMER AG
- Norsap (Imtra Corporation)
- ScotSeat Group
- SHOCKWAVE
- Springfield Group
- Stidd Systems, Inc.