Report Scope & Overview:
Bus Seat Market Size was valued at USD 12.33 billion in 2022 and is expected to reach USD 18.78 billion by 2030 and grow at a CAGR of 5.4% over the forecast period 2023-2030.
The bus seat application is extensively used on school buses. School buses are used to carry students to and from school and back to their homes. As school authorities and parents try to improve children's safety, bus seats with suitable child safety measures are becoming more popular. In the event of an accident, proper bus seats with seat belts are employed to protect youngsters. Integrated kid seats, which can be modified to fit a small child riding in the bus, are becoming more popular in school buses.
Seats with minimal features and seating comfort for important bus rides are known as regular passenger seats. These seats are commonly utilized since they are less expensive than other bus seats and can be used on any bus. Regular passenger buses are typically installed on public transportation buses with journey times of less than 100 minutes. Regular passenger seats with high comfort levels are increasingly being employed for lengthy intercity bus trips where passengers can comfortably ride for several hours.
The use of environmentally friendly and recyclable materials in the creation of seats, as well as recycled metals in the production.
Governments are urging bus seat producers to adopt environmentally friendly biodegradable materials.
Seat replacement in buses is not a realistic solution for long-term company operations.
Many bus fleet firms are wary about taking on contracts to replace seats on older buses.
Adding safety bus seats that reduce the damage caused by children in occupied seats.
School bus seats can be outfitted with motion sensors to detect collisions and deploy airbags before the collision occurs.
The selling prices of bus seats created with these sophisticated materials are astronomically high to cover R&D costs.
Due to industrial optimization, the cost of producing these components will decrease over time.
IMPACT OF COVID-19:
COVID-19 has also had an influence on their enterprises. The COVID-19 pandemic has had a tremendous influence on the bus seat market. Various places around the world are still considerably afflicted, and governments in these areas have responded to the epidemic by shutting down public transit, manufacturing facilities, and other public institutions to limit virus infection. Due to disruptions in the vehicle supply chain caused by the abrupt emergence of COVID-19, market growth slowed. However, the market is likely to increase steadily in the post-COVID-19 period, as traffic in major cities has returned to normal levels and people have begun to commute utilizing public transportation.
KEY MARKET PLAYERS:
GRAMMER AG (Germany), Magna International Inc. (Canada), Freedman Seating Company (US), Faurecia (France), Franz Keil GmbH (Germany), Adient (US), ISRINGHAUSEN GmbH(Germany), NHK Springs (Japan), Toyota Boshoku (Japan), Lear Corporation(US), Tachi-S (Japan), Minda Industries (India), Commercial Vehicle Group(US), Lazzerini SRL (Italy) are some of the affluent competitors with significant market share in the Bus Seat Market.
Market, By Components:
The global market is divided into Frame, Upholstery, and Other Accessories based on the components segment. The frame of a bus seat is meant to sustain the weight of the seat and its occupant while also providing strength and a location to store cushioning and other bus seat accessories. Steel, aluminum, and alloys with unique metal qualities are used to create frames.
Market, By Seat Type:
According to the seat type segment, the global market is divided into Regular Passenger Seat, Folding Seat, Recliner Seat, Bus Driver Seat, and Integrated Child Seat. Regular passenger seats are used. The backrest of these seats is fixed and cannot be changed. These seats are available in two different styles: bench and bucket. Modern passenger bus seats are made of a plastic shell body that is made of environmentally friendly and recyclable materials.
Market, By Comfort Type:
Based on the comfort type, the global market has been divided into Low Comfort Seat and High Comfort Seat. Low comfort seats will have the largest market share in 2022. The market for high-comfort seats will grow as technology for seat functions such as heating, massage, ventilated, and power seats with memory evolve.
By Seat Type:
Regular Passenger Seat
Bus Driver Seat
Integrated Child Seat
By Comfort Type:
Low Comfort Seat
High Comfort Seat
In the electric bus sector, China is a market leader. E-buses accounted for roughly 23% of all bus purchases in China in 2018. Electric bus purchases are predicted to rise as a result of ongoing government initiatives to encourage e-mobility, and global e-bus adoption is expected to reach 40% of new bus purchases. The European Commission authorized USD 332 million in additional state financing in Germany in 2020, for total funding of USD 719 million by the end of 2021, to incentivize electric bus orders. Over the forecast period, Asia-Pacific is expected to lead the worldwide bus seat market.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2022||US$ 12.33 Billion|
|Market Size by 2030||US$ 18.78 Billion|
|CAGR||CAGR of 5.4% From 2023 to 2030|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• by Components (Frame, Upholstery, Other Accessories)
• by Seat Type (Regular Passenger Seat, Folding Seat, Recliner Seat, Bus Driver Seat, Integrated Child Seat)
• by Comfort Type (Low Comfort Seat, High Comfort Seat)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||GRAMMER AG (Germany), Magna International Inc. (Canada), Freedman Seating Company (US), Faurecia (France), Franz Keil GmbH (Germany), Adient (US), ISRINGHAUSEN GmbH(Germany), NHK Springs (Japan), Toyota Boshoku (Japan), Lear Corporation(US), Tachi-S (Japan), Minda Industries (India), Commercial Vehicle Group(US), Lazzerini SRL (Italy)|
|Key Drivers||•The use of environmentally friendly and recyclable materials in the creation of seats, as well as recycled metals in the production.
•Governments are urging bus seat producers to adopt environmentally friendly biodegradable materials.
|RESTRAINTS||•Seat replacement in buses is not a realistic solution for long-term company operations.
•Many bus fleet firms are wary about taking on contracts to replace seats on older buses.
Ans:- The market size is expected to reach USD 16.9 billion by 2028.
Ans:- Low comfort seats are expected to see the most significant growth.
Ans:- Magna International Inc. (Canada), Freedman Seating Company (US), Faurecia (France), NHK Springs (Japan), Toyota Boshoku (Japan), Tachi-S (Japan), Minda Industries (India), and Commercial Vehicle Group(US) are the most prominent players in the market.
Ans:- Asia pacific region is anticipated to be the primary driver of the market.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
18.104.22.168 United Kingdom
22.214.171.124 South Korea
126.96.36.199 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global Bus Seat Market Segmentation, by Components
8.3 Other Accessories
9. Global Bus Seat Market Segmentation, by Seat Type
9.1 Regular Passenger Seat
9.2 Folding Seat
9.3 Recliner Seat
9.4 Bus Driver Seat
9.5 Integrated Child Seat
10. Global Bus Seat Market Segmentation, by Comfort Type
10.1 Low Comfort Seat
10.2 High Comfort Seat
11. Regional Analysis
11.2 North America
11.2.1 the USA
11.3.2 the UK
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4.2 South Korea
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.3 South Africa
11.6 Latin America
11.6.3 Rest of Latin America
12. Company Profiles
12.1 Faurecia (France),
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 GRAMMER AG (Germany)
12.3 Magna International Inc. (Canada)
12.4 Freedman Seating Company (US)
12.5 Faurecia (France)
12.6 Franz Keil GmbH (Germany)
12.7 Adient (US)
12.8 ISRINGHAUSEN GmbH (Germany)
12.9 NHK Springs (Japan)
12.10 Toyota Boshoku (Japan)
12.11 Lear Corporation (US)
12.12 Tachi-S (Japan)
12.13 Minda Industries (India)
12.14 Commercial Vehicle Group (US)
12.15 Lazzerini SRL (Italy)
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share analysis
13.3 Recent Developments
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