Global Aircraft Seating Market - Growth, Trends, and Forecast (2018 - 2023)

  • ID: 4515693
  • Report
  • Region: Global
  • 70 pages
  • Mordor Intelligence
UP TO OFF
until Dec 31st 2018
1 of 5

FEATURED COMPANIES

  • Avio Interiors S.P.A
  • B/E Aerospace
  • Cobra Aerospace
  • Elan Aircraft Seating
  • Geven
  • Sogerma S.A
  • MORE
Commercial airliners are increasingly choosing a particular category of seats, owing to the increased traffic being witnessed by aircrafts. High-traffic routes require compact seating and more seats in the economy class, whereas, the airline can include better seating configuration on routes that do not have high density. Another determining factor is the average paying capacity of the public traveling via a particular route. If the route is most frequented by business and HNWI-group travelers, airlines use wider seats with more legroom. The airline can make up for fewer seats by selling better seats at a much higher rate.

The global jet market is witnessing a high demand growth, however, the sales of commercial jets that represent the biggest chunk of market are limited, due to the supply crunch. This factor is expected to limit the growth of the cabin interior market, as the number of new airplanes entering the market is expected to accelerate at a slow rate, during the forecast period. Low cost carriers segment, which controls 1/4th of the total airline market share, is expected to accelerate rapidly and hold about 1/3rd of the share by 2023, owing to the full-service carriers. Thus, the seats for the economy class segment are anticipated to witness higher sales and growth rate, during the forecast period.

Increasing investments in cabin interior products are expected to be the major driver for the aircraft seating market, registering a CAGR of more than 11%, during the forecast period. Rising air traffic is the key factor driving the market growth. The growing demand for air travel has resulted in many companies developing innovative products in the IFEC space. Investment in cabin interior products and aircraft weight reduction are some of the major drivers for the aircraft seats market growth. A majority of the airline industry experienced growth in 2016, due to the plummeting prices of crude oil, which went below USD 30 per barrel for the first time in many years. Moreover, owing to the lower fuel costs, profit margins have soared that gave airlines surplus cash to spend and upgrade their services. Thus, the aircraft cabin interior market is expected to accelerate at a higher rate, than the commercial aircraft market, thereby, projecting high growth rates for aircraft seats market.

Key Developments:

March 2018: Adient and Boeing will jointly present new seating solutions to potential customers at AIX in Hamburg, Germany

Key Industry Players: ZODIAC AEROSPACE, B/E AEROSPACE, RECARO AIRCRAFT SEATING GMBH & CO, ELAN AIRCRAFT SEATING AND THOMPSON AERO SEATING, amongst others.

Reasons to Purchase this Report:
  • To study current and future market outlook in the developed and emerging markets
  • Analyzing various perspectives of the market with the help of Porter’s five forces analysis
  • Detailed analysis of the segment that is expected to dominate the market
  • Regions that are expected to witness fastest growth during the forecast period
  • Identifying the latest developments, market shares, and strategies employed by the major market players
  • 3-month analyst support, along with the Market Estimate sheet (in excel)
Report Customization:

This report can be customized to meet your requirements.
READ MORE
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Avio Interiors S.P.A
  • B/E Aerospace
  • Cobra Aerospace
  • Elan Aircraft Seating
  • Geven
  • Sogerma S.A
  • MORE
1. Introduction
1.1 Study Deliverables
1.2 General Study Assumptions

2. Research Methodology
2.1 Introduction
2.2 Analysis Methodology
2.3 Study Assumptions
2.4 Econometric Forecast Model

3. Executive Summary

4. Key Findings of The Study

5. Market Overview and Technology Trends
5.1 Current Market Scenario
5.2 Technology Trends
5.3 Porter's Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitute Products/Services
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers

6. Market Dynamics
6.1 Drivers
6.2 Restraints
6.2.1 Supply Crunch
6.3 Opportunities

7. Global Aircraft Seating Market Segmentation by Aircraft Type
7.1 Wide Body Aircraft
7.2 Narrow Body Aircraft
7.3 Regional Aircraft

9. Global Aircraft Seating Market Segmentation by Component
8.1 Seat Actuators
8.2 Foams & Fitting

9. Global Aircraft Seating Market, Segmented By Seat Type
9.1. Economy Class Seats
9.2. Premium Economy Class Seats
9.3. Business Class Seats
9.4. First Class Seats
9.5. Suite Class Seats

10. Global Aircraft Seating Market, Segmented By Fit
10.1. Line Fit
10.2. Retro Fit

10. Global Aircraft Seating Market, by Geography
10.1 North America
10.1.1 Introduction
10.1.2 US
10.1.3 Canada
10.1.4 Mexico
10.1.5 Others
10.2 Europe
10.2.1 Introduction
10.2.2 Germany
10.2.3 UK
10.2.4 France
10.2.5 Italy
10.2.6 Spain
10.2.7 Russia
10.2.8 Others
10.3 Asia-Pacific
10.3.1 Introduction
10.3.2 China
10.3.3 Japan
10.3.4 India
10.3.5 Australia
10.3.6 South Korea
10.3.7 Others
10.4 Middle East and Africa
10.4.1 Introduction
10.4.2 UAE
10.4.3 Saudi Arabia
10.4.4 South Africa
10.4.5 Others
10.5 South America
10.5.1 Introduction
10.5.2 Brazil
10.5.3 Argentina
10.5.4 Others

11. Competitive Landscape
11.1 Introduction

11.2 Market Share Analysis
12. Company Profiles
12.1 Zodiac Aerospace
12.2 B/E Aerospace
12.3 Recaro Aircraft Seating Gmbh & Co
12.4 Elan Aircraft Seating
12.5 Thompson Aero Seating
12.6 YMC Container Solutions
12.7 Geven
12.8 Cobra Aerospace
12.9 Avio Interiors S.P.A
12.10 Sogerma S.A
13. Future Outlook of the Market
14. Disclaimer
Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5
  • Zodiac Aerospace
  • B/E Aerospace
  • Recaro Aircraft Seating Gmbh & Co
  • Elan Aircraft Seating
  • Thompson Aero Seating
  • YMC Container Solutions
  • Geven
  • Cobra Aerospace
  • Avio Interiors S.P.A
  • Sogerma S.A
Note: Product cover images may vary from those shown
5 of 5
Note: Product cover images may vary from those shown
Adroll
adroll