Aircraft Seating Market 2019
The global aircraft seating market is anticipated to prosper in the upcoming years. The study comprehensively analyses the overall aircraft seating market by understanding past trends and upcoming motivating and restraining factors influencing the overall aircraft seating market specifying which regions are expected to perform better than others in the forecast period. The aircraft seating market caters to the various aerospace industries and provides them with seats that they can use to position people.
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Major Key Players
ACRO Aircraft Seating Ltd (UK), Aviointeriors SpA (Italy), Zim Flugsitz GmbH (Germany), GEVEN SpA (Italy), JAMCO Corporation (US), and Thompson Aero Seating Ltd (UK), B/E Aerospace, Inc. (US), Hong Kong Aircraft Engineering Company Limited (Hong Kong), Zodiac Aerospace (France), Recardo Aircraft Seating GmbH & Co.KG (Germany), among others, are some of the major players in the global aircraft seating market.
A rise in aircraft deliveries is expected to boost the overall aircraft seating market. Upgradation to the existing aircraft infrastructure is also anticipated to lead to more demand for all aircraft part supplies which directly leads to the propulsion to the overall aircraft seating industry. The growing emphasis on the maintenance of airplane seats is also one of the factors leading to the elevation in the overall aircraft seating industry. The improved number of aircraft orders is also expected to help the global overall airplane seating industry flourish. However, there are various aspects hindering the growth of the worldwide aircraft seating industry. The regulatory framework and certification are some of the major restraining factors which impede the market. The emerging economies are also supposed to restrict the elevation of in-flight entertainment and connectivity market which as a result would also restrict the aircraft seating market.
The worldwide aircraft seating industry is fragmented on the basis of class, aircraft type, end-use, and type. The industry is divided on the basis of class as business class, first-class, economy class, and premium economy class. Premium economy class is anticipated to have the greatest sales in the forecasted period which can be attributed to receiving premium quality service at a cost-effective price. The market is also segmented based on aircraft type as narrow-body aircraft, very large aircraft, wide-body aircraft, regional transport aircraft, and business jets. The narrow-body aircraft segment is anticipated to grow at the highest rate among other segments. The overall aircraft seating industry is fragmented on the basis of end-use as OEM, MRO, and aftermarket. The worldwide aircraft seating industry is segmented on the basis of type as 9g and 16g.
Topographically, the global aircraft seating market is segmented as North America, Europe, South America, China, India and other countries of the world. Based on the region segmentation, the Asia Pacific which includes countries like China and India is expected to grow at the highest elevation rate during the upcoming forecast period. The industry elevation in this area is mainly due to the rise in air passenger traffic from nations such as China, India, Japan, and Indonesia. The geography has also been witnessing elevation in domestic travel since the last ten years, which has resulted in a rise in aircraft deliveries mainly for low-cost carriers. Flourishing markets need new airplanes to fulfill the fast-growing traffic demand which also boosts the global aircraft seating market.
Table of Contents – Major Key Points
1 Executive Summary
2 Market Factor Analysis
3 Global Aircraft Seating Market, by Seat Type
4 Global Aircraft Seating Market, by Material
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