The “Global Aircraft Seating Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast” research study available with Decisiondatabases.com includes a detailed description of the market along with an evaluation on the growth trends of the aircraft seating market. The report foresees the global aircraft seating market to reach USD 13 BN by 2026 along with a CAGR of 8% from 2020-2026.The market was valued at USD 7.5 in 2019.
Aircraft seating is an essential part of an aircraft cabin where passengers are accommodated for the journey. The aircraft seats are equipped with various amenities such as a pocket containing safety instructions, magazines, trays and individual power ports. It is also equipped with facilities to enhance comfort such as an additional seat recline, wider legroom, fire resistance, high durability, insulation and repairability. Airlines are upgrading their aircraft fleet and introducing new routes with enhanced ergonomic designs which in turn is facilitating the improvement in the air travel experience.
The factors driving the growth of the aircraft seating market globally are the rapid growth in aircraft deliveries, the growing demand for new aircrafts and the upgradation of aircraft programs in order to reduce the operating cost. The main limitation faced by the aircraft seating market is the high amount of investment that is required for the market and the long clearance period. Besides, the modernization and replacement of old cabins is further gaining importance in the aviation industry and is in turn also becoming a factor in driving the growth of the aircraft seating market.
By aircraft type, the global aircraft seating market is classified into narrow body aircraft, wide body aircraft, very large aircraft and regional transport aircraft. Among all these classifications very large aircraft is the type that has been observed to be the leading segment as per the report. On the basis of the seat type, first class, business class, economy class and premium economy class are the classifications provided in the report out of which the business class has been identified as the leading segment. By component, seat actuators and foam & fittings are the two classifications provided in the report out of which seat actuators have been observed to be the leading segment of this segmentation. Line-Fit and retrofit are the two classifications that have been provided in the report on segmentation by fit.
North America, Europe and Asia-Pacific are the areas over which the aircraft seating market exists globally where Asia-Pacific has been stated as the leading segment of this geographical segmentation.The key players of the global aircraft seating market have been profiled as Acro Aircraft Seating Ltd., Aviointeriors S.P.A, B/E Aerospace Inc., Geven S.P.A, Haeco Americas, Recaro Aircraft Seating GmbH & Co. Kg, Stelia Aerospace, Thompson Aero Seating Ltd., ZIM Flugsitz GmbH and Zodiac Aerospace among others. The report also gives information in terms of H.Q., future capacities, key mergers and acquisitions, financial overview, partnerships, collaborations and new product launches & developments.
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