Marine Seats Market: Global Industry Analysis and Forecast (2024-2030)

Marine Seats Market size was valued at USD 1.68 Bn. in 2023 and the total Marine Seats Market size is expected to grow at a CAGR of 4.3% from 2024 to 2030, reaching nearly USD 2.26 Bn. by 2030.

Format : PDF | Report ID : SMR_1963

Marine Seats Market Overview

Marine seats, also referred to as pedestals, come installed in yachts, ships, boats, ports and shipping, and other merchant ships. The seats have detentions and provide extra protection for sailors and prospective passengers. Marine seats are an essential element of any sea ship and are therefore used in outdoor recreation, armed services, and commercial vessels. There has been an increase in demand for custom-built seat backs to mentioned attributes of ergonomics, convenience, and technology. Maritime seat manufacturers continue to capitalize on the increasing demand for customized seat alternatives. Boat ship owners and managers are continually looking for ways of replacing the original seats with high-quality customized seats.

This rise in the demand for customization is likely to fuel growth of the global market. However, the means through which the boat automakers and replacement marketplaces operate are also playing a critical role in the growth of the marine seat sector. They acquire the parts through three primary channels: direct procurement, specialty retail stores, and OEM sales. The vast majority of the boat automakers prefer direct procurement and place orders in bulk. Moreover, specialty retail stores provide prospective consumers with leisure activity accessories and are therefore considered to be a significant driver of the growth of the maritime seats market.

Marine Seats Market

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Marine Seats Market: Dynamics

Increase in marine tourists is driving the market growth

Growing marine tourism is driving up demand for marine seats. The marine and coastal tourism industry is very important in most countries. An improving economy and increased individual net worth are likely to increase travel demand. The fact that coastal and marine areas are continuing to be the hottest tourist destination means that both leisure and tourism activities are likely to increase in the forecast period. The UN Tourism Organization estimates that by 2030, 1.8 billion foreign tourists will visit the world annually (UNWTO). By 2030, tourist arrivals are likely to grow faster in emerging regions, and Europe is likely to lead with up to 780 million visitors.

China is likely to have a great future in the Asia Pacific maritime seating since it is the area where the labour and raw resources are available. The Chinese government promotes yachting as a leisure activity to be enjoyed by as many people as possible rather than a high-end service. Therefore, the expanding marine tourism industry is likely to increase the marine seat market.

Increase in Defense Spending

Navies around the world are leaning towards modernization and procurement of vessels for superiority in the sea’s warfare capabilities. Therefore, defence agencies are increasing their budgets for the procurement of new Navy ships. The surge in the number of undersea submarine threats by adversaries has increased risks the sea borders of countries, that has been leading to the rise in demand of anti-submarine warfare ships by naval forces.

Rising Cost of Material and Operations

The rise cost of material and Operations is poised a challenge in marine market in several ways. the rise cost of material such as Steel and Aluminium as well as components, such as foam and leather are increasing cost of goods sold for marine manufacturer. The rising cost of labour, energy, and transportation also increasing operating cost for marine seat manufacturer

Marine Seats Market Segment analysis:

Based on Seat Type, the market is segmented into Captain Seats, Passenger Seats, Crew Seats, General Seats. The Passenger seats dominated the market in 2023 and is expected to grow during forecast period However General seats and Helm seats are expected to grow because of rising demand of this types of seats globally

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Marine Seats Market Regional insights

According to SMR Report the North America has dominance over the Marine seat industry due to the presence of leading manufacturers. The economic situation and outdoor recreation preference of Americans have enhanced the demand for boats and water sports. To give more importance to the recreational transport industry, the US government gave recreational handmade products to the marine industry and created the accessories sector. Besides, the suppliers and exporting activities of the region provide tremendous opportunities for the market to expand. The US government also provides the National Export Innovation, through which US manufacturers are energizing overseas sales and connecting with international markets. Such factors are viewed as big factors of the market growth in North America.

The Asia-Pacific region is growing with the fastest CAGR over the forecast period. The rising maritime tourism in the region is the major factor boosting the growth in the Asia-Pacific region. According to the UNWTO, approximately 88% of visitors are Asian. For instance, approximately 10% of China's 1.88 billion individuals traveled abroad in 2023. The percentage of passport holders is likely to reach 15 billion by the year 2030, amounting to 20% of the Chinese population Further, on account of the accessibility of manpower and raw materials, China holds high potential in the Asia Pacific market. The Chinese government is promoting yachting as a recreational activity rather than a luxury provider so that more people can enjoy that as well.

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Marine Seats Market Competitive Landscape

January 2023– Mayor Daniel J. Lyman of New Jersey has announced that Bridgeport, Connecticut's Hornblower Marine has awarded a USD 9.8 million contract from New Jersey Transit to build the county's second 149-passenger ferry. The Lyman administration received more than USD 46 million in grants from federal and state governments for the Carteret Ferry Terminal

May 2023 - A new river cruise ship ordered by a compatriot operator, Mashpromlizing, has been launched by Russia's Southern Centre for Shipbuilding and Ship Repair, a division of United Shipbuilding Corporation. Aurum is a part of the Project PKS 180 series of river cruise vessels. It will have a length of 81.6 meters, an angle of 13.93 meters and accommodation for 180 passenger seats on three decks once it is completed.

Marine Seats Market Scope

Marine Seats Market
Market Size in 2023	USD 1.68 Bn.
Market Size in 2030	USD 2.26 Bn.
CAGR (2024-2030)	4.3%
Historic Data	2018-2022
Base Year	2023
Forecast Period	2024-2030
Segments	By Ship Type Commercial Military
	By Seat Type Captain Seats (Helm Seats) Passenger Seats Crew Seats General Seats
	By End User OEM Aftermarket
Regional Scope	North America- United States, Canada, and Mexico Europe – United Kingdom, France, Germany, Italy, Spain, Sweden, Russia, and Rest of Europe Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC Middle East and Africa - South Africa, GCC, Egypt, Rest of the Middle East and Africa South America – Brazil, Argentina, Rest of South America

Marine Seats Market Key Players

West Marine US
Sun marine Seats Netherlands
Recaro
Allsalts
shockwave Canada
Stidd Systems
Scot Seat (U.K)
Ullmandynamics (Sweden)
Tek seating (U.K)
KUNSHAN TRASEA MARINE SEATING
Springfield Marine Company
Cleemann Chair-Systems Gmbh
Grammer AG (Germany)
Thomas Scott Seating Ltd.
Tempress
Deckmate boat seats
Viotap marine seats
Wise Seats
Moeller Marine products
XX Ltd

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Frequently Asked Questions

1. What are the growth drivers for the Marine Seats Market?

Increase in marine tourists, Increase in Defense Spending are expected to be the major drivers of the market.

2. What is the Restraint for the Marine Seats growth?

Rising Cost of Material and Operations has restrained the market growth.

3. What is the projected Marine Seats size & and growth rate of the Market?

Marine Seats Market size was valued at USD 1.68 Billion in 2023 and the total Marine Seats Market size is expected to grow at a CAGR of 4.3 % from 2024 to 2030, reaching nearly USD 2.26 Billion by 2030.

4. What segments are covered in the Marine Seats Market report?

The segments covered in the market report are Based on By Ship Type, By Seat Type, By End User and By Region.

1.   Research Methodology
1.1   Research Data
1.1.1.   Primary Data
1.1.2.   Secondary Data
1.2.   Market Size Estimation
1.2.1.   Bottom-Up Approach
1.2.2.   Top-Down Approach
1.3.   Market Breakdown and Data Triangulation
1.4.   Research Assumption
2.   Marine Seats Market: Executive Summary
2.1.   Market Overview
2.2.   Market Size (2023) and Forecast (2024 – 2030) and Y-O-Y%
2.3.   Market Size (USD) and Market Share (%) – By Segments and Regions
3.   Global Marine Seats Market: Competitive Landscape
3.1.   SMR Competition Matrix
3.2.   Key Players Benchmarking
3.2.1.   Company Name
3.2.2.   Headquarter
3.2.3.   Product Segment
3.2.4.   End-user Segment
3.2.5.   Y-O-Y%
3.2.6.   Revenue (2023)
3.2.7.   Profit Margin
3.2.8.   Market Share
3.2.9.   Company Locations
3.3.   Market Structure
3.3.1.   Market Leaders
3.3.2.   Market Followers
3.3.3.   Emerging Players
3.4.   Consolidation of the Market
3.4.1.   Strategic Initiatives and Developments
3.4.2.   Mergers and Acquisitions
3.4.3.   Collaborations and Partnerships
3.4.4.   Product Launches and Innovations
4.   Marine Seats Market: Dynamics
4.1.   Marine Seats Market Trends by Region
4.1.1.   North America
4.1.2.   Europe
4.1.3.   Asia Pacific
4.1.4.   Middle East and Africa
4.1.5.   South America
4.2.   Marine Seats Market Drivers
4.3.   Marine Seats Market Restraints
4.4.   Marine Seats Market Opportunities
4.5.   Marine Seats Market Challenges
4.6.   PORTER’s Five Forces Analysis
4.6.1.   Intensity of the Rivalry
4.6.2.   Threat of New Entrants
4.6.3.   Bargaining Power of Suppliers
4.6.4.   Bargaining Power of Buyers
4.6.5.   Threat of Substitutes
4.7.   PESTLE Analysis
4.7.1.   Political Factors
4.7.2.   Economic Factors
4.7.3.   Social Factors
4.7.4.   Technological Factor
4.7.5.   Legal Factors
4.7.6.   Environmental Factors
4.8.   Technological Analysis
4.8.1.   Advanced upholstery materials
4.8.2.   Shock-mitigating seats
4.8.3.   Technological Roadmap
4.9.   Value Chain Analysis and Supply Chain Analysis
4.10.   Regulatory Landscape
4.10.1.   Market Regulation by Region
4.10.1.1.   North America
4.10.1.2.   Europe
4.10.1.3.   Asia Pacific
4.10.1.4.   Middle East and Africa
4.10.1.5.   South America
4.10.2.   Government Schemes and Initiatives
5.   Marine Seats Market: Global Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
5.1.   Marine Seats Market Size and Forecast, by Ship Type (2023-2030)
5.1.1.   Commercial
5.1.2.   Military
5.2.   Marine Seats Market Size and Forecast, by Seat Type (2023-2030)
5.2.1.   Captain Seats (Helm Seats)
5.2.2.   Passenger Seats
5.2.3.   Crew Seats
5.2.4.   General Seats
5.3.   Marine Seats Market Size and Forecast, by End User (2023-2030)
5.3.1.   OEM
5.3.2.   Aftermarket
5.4.   Marine Seats Market Size and Forecast, by Region (2023-2030)
5.4.1.   North America
5.4.2.   Europe
5.4.3.   Asia Pacific
5.4.4.   Middle East and Africa
5.4.5.   South America
6.   North America Marine Seats Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
6.1.   North America Marine Seats Market Size and Forecast, by Ship Type (2023-2030)
6.1.1.   Commercial
6.1.2.   Military
6.2.   North America Marine Seats Market Size and Forecast, by Seat Type (2023-2030)
6.2.1.   Captain Seats (Helm Seats)
6.2.2.   Passenger Seats
6.2.3.   Crew Seats
6.2.4.   General Seats
6.3.   North America Marine Seats Market Size and Forecast, by End User (2023-2030)
6.3.1.   OEM
6.3.2.   Aftermarket
6.4.   North America Marine Seats Market Size and Forecast, by Country (2023-2030)
6.4.1.   United States
6.4.2.   Canada
6.4.3.   Mexico
7.   Europe Marine Seats Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
7.1.   Europe Marine Seats Market Size and Forecast, by Ship Type (2023-2030)
7.2.   Europe Marine Seats Market Size and Forecast, by Seat Type (2023-2030)
7.3.   Europe Marine Seats Market Size and Forecast, by End User (2023-2030)
7.4.   Europe Marine Seats Market Size and Forecast, by Country (2023-2030)
7.4.1.   United Kingdom
7.4.2.   France
7.4.3.   Germany
7.4.4.   Italy
7.4.5.   Spain
7.4.6.   Sweden
7.4.7.   Austria
7.4.8.   Rest of Europe
8.   Asia Pacific Marine Seats Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
8.1.   Asia Pacific Marine Seats Market Size and Forecast, by Ship Type (2023-2030)
8.2.   Asia Pacific Marine Seats Market Size and Forecast, by Seat Type (2023-2030)
8.3.   Asia Pacific Marine Seats Market Size and Forecast, by End User (2023-2030)
8.4.   Asia Pacific Marine Seats Market Size and Forecast, by Country (2023-2030)
8.4.1.   China
8.4.2.   S Korea
8.4.3.   Japan
8.4.4.   India
8.4.5.   Australia
8.4.6.   Indonesia
8.4.7.   Malaysia
8.4.8.   Vietnam
8.4.9.   Taiwan
8.4.10.   Rest of Asia Pacific
9.   Middle East and Africa Marine Seats Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
9.1.   Middle East and Africa Marine Seats Market Size and Forecast, by Ship Type (2023-2030)
9.2.   Middle East and Africa Marine Seats Market Size and Forecast, by Seat Type (2023-2030)
9.3.   Middle East and Africa Marine Seats Market Size and Forecast, by End User (2023-2030)
9.4.   Middle East and Africa Marine Seats Market Size and Forecast, by Country (2023-2030)
9.4.1.   South Africa
9.4.2.   GCC
9.4.3.   Nigeria
9.4.4.   Rest of ME&A
10.   South America Marine Seats Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
10.1.   South America Marine Seats Market Size and Forecast, by Ship Type (2023-2030)
10.2.   South America Marine Seats Market Size and Forecast, by Seat Type (2023-2030)
10.3.   South America Marine Seats Market Size and Forecast, by End User (2023-2030)
10.4.   South America Marine Seats Market Size and Forecast, by Country (2023-2030)
10.4.1.   Brazil
10.4.2.   Argentina
10.4.3.   Rest Of South America
11.   Company Profile: Key Players
11.1.   West Marine US
11.1.1.   Company Overview
11.1.2.   Product Portfolio
11.1.2.1.   Product Name
11.1.2.2.   Product Details (Price, Features, etc.)
11.1.3.   Financial Overview
11.1.3.1.   Total Revenue
11.1.3.2.   Segment Revenue
11.1.3.3.   Regional Revenue
11.1.4.   SWOT Analysis
11.1.5.   Strategic Analysis
11.1.6.   Recent Developments
11.2.   Sun marine Seats Netherlands
11.3.   Recaro
11.4.   Allsalts
11.5.   shockwave Canada
11.6.   Stidd Systems
11.7.   Scot Seat (U.K)
11.8.   Ullmandynamics (Sweden)
11.9.   Tek seating (U.K)
11.10.   KUNSHAN TRASEA MARINE SEATING
11.11.   Springfield Marine Company
11.12.   Cleemann Chair-Systems Gmbh
11.13.   Grammer AG (Germany)
11.14.   Thomas Scott Seating Ltd.
11.15.   Tempress
11.16.   Deckmate boat seats
11.17.   Viotap marine seats
11.18.   Wise Seats
11.19.   Moeller Marine products
11.20.   XX Ltd
12.   Key Findings
13.   Analyst Recommendations
13.1.   Strategic Recommendations
13.2.   Future Outlook