Attractive Opportunities in Marine Seats Market from 2019 to 2025

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According to the latest market 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
The increasing from leisure
2025. demand 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. Download PDF Brochure _at_
https//www.marketsandmarkets.com/pdfdownloadNew.a
sp?id107127122 Key Market Players The major
players in the marine seats market include West
Marine (US), NorSap (Norway), TRESEA (China),
Scott Seats (Scotland), and STIDD Systems (US).
West Marine has an e-commerce portal for selling
its vast and varied inventory of marine
products. The company also acts as a distributor
for small players to increase its product
offerings as well as market share. It has
approximately 5000 employees across the globe as
of 2018. West Marine is a privately-held company
and caters to the emerging needs of customers in
recreational and commercial boating supplies and
apparel sector. By ship type, the commercial ship
type segment is expected to grow at the highest
CAGR during the forecast period Based on type,
the market is segmented into commercial and
military. The commercial segment is projected to
grow at the highest CAGR during the forecast
period. There will be a high demand for marine
seats from commercial ship platforms such as the
passenger ships and ferry segments. The
increasing demand for commercial ships such as
motorboats will drive the market for marine seats
in the industry. This increase will be fueled by
increasing interest for fishing, cruising, and
recreational activities. The OEM segment is
expected to grow at a higher CAGR from 2019 to
2025. Based on end user, the marine seats market
has been segmented into OEM and aftermarket. The
aftermarket segment is expected to generate a
high demand due to the high rate of wear and
tear and early replacement of marine seats in the
industry. The rising per capita income of people
and increasing number of people who can
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spend on recreational activities have resulted in
the growing demand for the new ships. The
passenger segment is expected to account for the
largest market share in the marine seats market
in 2019. Based on seat type, the marine seats
market has been segmented into passenger seats,
captain seats (helm seats), crew seats, and
general seats. The general seats segment is
expected to grow significantly due to the
replacement marine seats in marine ships. The
increasing interest of high-net-worth individuals
in yachts and recreational motorboats and
increasing cruising activities for leisure travel
are expected to boost the demand for passenger
seats. The North American marine seats market is
projected to grow at the highest CAGR during the
forecast period in the. The marine seats market
has been growing at a significant rate, and this
trend is expected to continue during the
forecast period. development of advanced AND
cost- effective marine seats and increasing
demand for recreational boating and leisure
voyages are some of the opportunities for the
companies of the market. Ask for Sample Report
_at_ https//www.marketsandmarkets.com/requestsampleN
ew.asp?id107127122 About MarketsandMarkets Mar
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