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Marine Seats Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Global Marine Seats Market Analysis and the market is Segmented by Ship Type (Yachts, Cruise Ships, and Other Ship Types), Component (Pedestal, Swivels, Slides and Seat Mounts, and Other Components), and Geography.

Home Market Analysis Automotive Research Auto Parts Research Marine Vehicle Parts Research Marine Interior Products Research Marine Comfort and Convenience Research Boat Seats Industry

Marine Seats Market Size

Marine Seats Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR > 4.00 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Medium

Major Players

Marine Seats Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Marine Seats Market with other markets in Automotive Industry

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Marine Seats Market Analysis

The marine seats market is anticipated to register a CAGR of about 4% during the forecast period (2020 - 2025).

  • The rise in the tourism industry, increasing interest of people in recreational activities, and marine tourism are expected to fuel the demand for marine seats during the forecast period.
  • Italy is the second-largest boat producer in the world, after the United States, and the first global producer of superyachts. Italy is also the leading producer of boats in Europe, followed by the United Kingdom, the Netherlands, Germany, and France. The Italian industry holds the global leadership position in various sectors of the nautical manufacturing chain. For instance, in 2019, Besenzoni signed an agreement with FB Design. Both Italian companies plan to work cooperatively on advanced seating solutions for high-performance boats.
  • The boat rental companies are revitalizing the marine industry by offering boats as per the requirements of the customers, with or without captain and fueled or to be fueled up to the need, with additional facilities, like ski and tubbing. This service is being accepted by the consumers, which is pushing the boat rental companies to increase their fleet. This new trend may ultimately drive the marine seats market, as the demand for boats may increase.

Marine Seats Market Trends

This section covers the major market trends shaping the Marine Seats Market according to our research experts:

Increasing Marine Tourism Contributing Toward the Growth of the Marine Seats Market

Tourism activities around coasts may include whale watching, diving, sailing, fishing, and cruising. Coastal and marine tourism is an important sector in many countries. Both tourism and recreational activities are expected to increase in the coming years, as marine and coastal areas remain the top touristic destinations, mainly in Europe. Cruise tourism is also predicted to grow in future.

According to the UN Tourism Organization (UNWTO), international tourist arrival may reach 1.8 billion arrivals per year by 2030. The growth of tourist arrival will be faster in the developing regions, as compared to the developed regions, with Europe leading the tourist arrival with almost 780 million tourists by 2030.

Similarly, Asia-Pacific, particularly China, has huge potential for marine seats, as the country has the easy availability of raw materials and manpower. The Chinese government is trying to promote yachting as a leisure activity to be enjoyed by many, rather than a luxury commodity. In 2016, the China State Council issued a circular to further promote and expand domestic service consumption on tourism. The circular included an announcement to formulate a yachting tourism development plan.

Marine Seats Market : Top Five Cruises, Passenger Capacity, 2019

North America and Europe is Expected to Lead the Marine Seats Market

Boats and water activities are the preferred recreational activities among the citizens of the United States and Europe. The United States holds the majority of marine boats and ship manufacturers. On the other hand, Europe has a number of routes to explore. In terms of manufacturing capabilities and exporting power, the United States is in the top three suppliers, along with the European countries, such as Germany, France, and Italy.

The participation of the government is very crucial to boost the marine industry. For instance, the US government included the recreational marine craft, part, and accessory industry in the recreational transportation priority sector of the National Export Initiative (NEI). Through this initiative, the US exporters can increase their sales overseas in these sectors and in other foreign markets.

Seat manufacturers and boat manufacturers are working together to provide the best experience to the boat owners. For instance, in 2019, KingFisher Boats and Shockwave Seats entered a partnership for the Shockwave S5 marine suspension module. KingFisher may add this as an option to its offshore and coastal series boats.

Marine Seats Market- Growth Rate By Region (2020-2025)

Marine Seats Industry Overview

The marine seats market is fragmented in nature, and it has a number of local active players, owing to less requirement of digitalization and technologically, as well as cheap raw materials. Some of the major players in the market are Jiangsu Trasea Marine Seating Ltd, Stidd Systems Inc., and ScotSeat Group, among others. Most of the players in the market are active in other seating industries, such as automotive, motorsports, and heavy machinery.

The companies are expanding their presence by acquiring other market participants, forming alliances with boat and cruise manufacturers, introducing new technologies, tapping in new and unexplored markets. For instance,

  • Shockwave, a Canadian marine seat company, has an Integrated Control Environments (ICE) seating solution, which is a suspension module that can hold occupants, electronics, and other key components of a vessel inside a single unit. It employs triple-axis suspension, military-grade material, and patented design.

Marine Seats Market Leaders

  1. Jiangsu Trasea Marine Seating Ltd

  2. Stidd Systems Inc.

  3. ScotSeat Group

  4. Grammer AG

  5. Shockwave Seats

*Disclaimer: Major Players sorted in no particular order

Marine Seats Market Concentration
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Marine Seats Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Industry Attractiveness - Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Ship Type

      1. 5.1.1 Yachts

      2. 5.1.2 Cruise Ships

      3. 5.1.3 Other Ship Types

    2. 5.2 By Component Type

      1. 5.2.1 Pedestal

      2. 5.2.2 Swivels

      3. 5.2.3 Slides and Seat Mounts

      4. 5.2.4 Other Component Types

    3. 5.3 By Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Rest of North America

      2. 5.3.2 Europe

        1. 5.3.2.1 Germany

        2. 5.3.2.2 United Kingdom

        3. 5.3.2.3 France

        4. 5.3.2.4 Rest of Europe

      3. 5.3.3 Asia-Pacific

        1. 5.3.3.1 India

        2. 5.3.3.2 China

        3. 5.3.3.3 Japan

        4. 5.3.3.4 South Korea

        5. 5.3.3.5 Rest of Asia-Pacific

      4. 5.3.4 Rest of the World

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Mexico

        3. 5.3.4.3 United Arab Emirates

        4. 5.3.4.4 Other Countries

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Vendor Market Share

    2. 6.2 Company Profiles

      1. 6.2.1 NorSap AS

      2. 6.2.2 Stidd Systems Inc.

      3. 6.2.3 Shockwave Seats

      4. 6.2.4 Jiangsu Trasea Marine Seating Ltd

      5. 6.2.5 ScotSeat Group

      6. 6.2.6 Springfield Marine Company

      7. 6.2.7 Grammer AG

      8. 6.2.8 Ullman Dynamics

      9. 6.2.9 Alu Design & Services AS

      10. 6.2.10 Todd Marine

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Marine Seats Industry Segmentation

The marine seats market covers the latest trends, demand by seat component type, ship type, and the market share of the major manufacturers across the world. Military ships are not covered under the scope.

By Ship Type
Yachts
Cruise Ships
Other Ship Types
By Component Type
Pedestal
Swivels
Slides and Seat Mounts
Other Component Types
By Geography
North America
United States
Canada
Rest of North America
Europe
Germany
United Kingdom
France
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of Asia-Pacific
Rest of the World
Brazil
Mexico
United Arab Emirates
Other Countries
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Marine Seats Market Research FAQs

The Marine Seats Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)

Jiangsu Trasea Marine Seating Ltd, Stidd Systems Inc., ScotSeat Group, Grammer AG and Shockwave Seats are the major companies operating in the Marine Seats Market.

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).

In 2024, the North America accounts for the largest market share in Marine Seats Market.

The report covers the Marine Seats Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Marine Seats Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Marine Seats Industry Report

Statistics for the 2024 Marine Seats market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. Marine Seats analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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Marine Seats Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)