What are the major trends in Marine Seats Market? - PowerPoint PPT Presentation

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What are the major trends in Marine Seats Market?

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The marine seats market is estimated to be USD 1.9 billion in 2019 and is projected to reach USD 2.5 billion by 2025, at a CAGR of 4.7 % from 2019 to 2025. – PowerPoint PPT presentation

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Title: What are the major trends in Marine Seats Market?


1
Marine Seats Market Witness the Growth of 2.5
Billion by 2025 According to the new research
report the Marine Seats Market is estimated to be
USD 1.9 billion in 2019 and is projected to reach
USD 2.5 billion by 2025, at a CAGR of 4.7 from
2019 to 2025. The increasing demand from leisure
voyages and recreational boating activities
worldwide are the major factors expected to drive
the market for marine seats globally.
Development of advanced and cost-effective marine
seats for various ship types is an opportunity
for companies in the market. Browse 68 market
data Tables and 26 Figures spread through 110
Pages and in- depth TOC on "Marine Seats Market
- Global Forecast to 2025" Download PDF Brochure
_at_ https//www.marketsandmarkets.com/pdfdownloadNew
.asp?id107127122 Commercial ships segment to
grow at a higher CAGR in marine seats market
among ship type segments during forecast
period Based on ship type, the commercial ships
segment is projected to grow at the highest CAGR
during the forecast period. The increasing demand
for highly efficient marine seats, which are
shock absorbent and ergonomic, for commercial
vessels is driving the commercial ships segment.
Motorboats require the largest number of
shock-absorbent marine seats the motorboats
segment is expected to witness growth due to
advantages such as low cost of maintenance,
better deck area, and better engine
accessibility. Another factor supporting the
growing demand for motorboats is the rise in
recreational activities such as fishing,
cruising, and water sports. Aftermarket segment
expected to lead marine seats market among end
users Based on end user, the aftermarket segment
is expected to lead the marine seats market
during the forecast period. The use of different
types of marine seats in a wide range of ship
types such as bulkers, cargo ships, recreational
boats, and military vessels, among others, is
expected to drive the aftermarket for marine
seats. Activities such as fishing, cruising, and
water sports can be conducted using motorboats.
An increase in these activities and the growing
preference of customers to install modern
seating are also expected to drive the marine
seats aftermarket. North America has the highest
potential for implementation of marine
seats North America is estimated to account for
the largest share of the marine seats market in
2019. North America has witnessed rapid demand
for recreational boating over the past few
years. The increasing demand for high speed
crafts such as yachts and motorboats is leading
to a rising demand for marine seats. Majority of
the marine
2
seats manufacturing facilities of leading players
are based in the North American region. Key
Market Players The key players in the marine
seats market are West Marine (US), Norsap
(Norway), TRESEA (China), Scott Seats
(Scotland), and STIDD Systems (US). Ask for
Sample Report _at_ https//www.marketsandmarkets.com/
requestsampleNew.asp?id107127122
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