The global aircraft seating market has witnessed a substantial growth in recent years. The rise in the aircraft orders & deliveries and growing number of low cost carriers worldwide has fuelled the growth of the said market. The new technological advancements in seat designs has further propelled the global aircraft seating market. The economy class segment is estimated to hold the majority share in terms of volume whereas the business class segment will hold a majority share in terms of value. However, the large investments as well as delay in the aircraft deliveries are restraining the growth of aircraft seating market.
Asia-Pacific holds the largest market share in the global aircraft seating market. The key factor fuelling the growth of the said market in the Asia-Pacific region is the growing demand for new aircrafts with advanced technology and rise in the number of low cost carriers. On the basis of aircraft type, the market has been segmented into narrow body aircraft, wide body aircraft and regional transport aircraft. The narrow body aircraft is estimated to hold the largest market share owing growing demand for aircrafts from developing countries worldwide.
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This research report on aircraft seating market provides in-depth analysis of the global market based on seat type, aircraft type, fit type and major geographies for the period from 2016 to 2021. The report highlights the major market drivers pushing the growth and challenges faced by market participants. The research report provides market size and forecast for aircraft seating market. The report also analyses the competitive landscape and the major player and their market share in 2016. The competitive landscape section of the report also captures and highlights the recent development in the market.
The report also profiles the major companies active in this field, including Zodiac Aerospace, Rockwell Collins, Recaro Aircraft Seating, Geven S.P.A, HAECO Americas, ZIM FLUGSITZ GmBH, Aviointeriors S.p.A., Acro Aircraft Seating Ltd., Thompson Aero Seating Ltd., STELIA Aerospace.
Key questions this research would answer:
1. Is the aircraft seating market growing? How long will it continue to grow and at what rate?
2. What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
3. What are the regional revenue and forecast breakdowns? What are the regional hotspots for growth in the aircraft seating market?
4. How the penetration of different types seats is changing in the overall aircraft seating market and what is driving this change?
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The global aircraft seating market is segmented on the basis of seat type, aircraft type, fit type, and geography:
Global Aircraft Seating Market by Seat Type
• First Class
• Business Class
• Premium Economy
• Economy Class
Global Aircraft Seating Market by Aircraft Type
• Narrow Body Aircraft
• Wide Body Aircraft
• Regional Transport Aircraft
Global Aircraft Seating Market by Fit Type
• Line Fit
• Retro Fit
Global Aircraft Seating Market by Region
• North America
Global Aircraft Seating Market Competitive Landscape
• Major Players and their Market Share Analysis
• New product launches
• Mergers and acquisitions
• Collaborations, partnerships, agreements and joint ventures
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This post was originally published on Industry Updates Daily