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FEATURED COMPANIES
- Astronics Corporation
- Safran
- Triumph Group
- United Technologies
1h Free Analyst Time
Speak directly to the analyst to clarify any post sales queries you may have.
About this market
The growing initiatives of prominent OEMs for enhancing the production activities for achieving higher performance levels are expected to trigger the market growth during the forecast period. OEMs are adopting integration and full cross-functional alignment for managing industrial activities and achieving a high-performance level. In addition, the market players are defining and deploying industrial strategies for ensuring the best industrial standards. As a result, such initiatives will further boost the commercial aircraft passenger service unit market during the forecast period. The analysts have predicted that the commercial aircraft passenger service unit (PSU) market will register a CAGR of about 7% by 2023.
Market Overview
Growing demand for new generation aircraft
The global commercial aviation industry is growing steadily amid rapidly increasing air traffic, at the international, regional and domestic levels. The growing adoption of wide-body aircraft, especially in the middle east, is also promoting the growth of the global commercial aircraft PSU market during the forecast period.
Stringent legal norms and quality standards in the aviation industry
The global aviation industry is governed by numerous laws and regulations, which in a way define aviation industry. The increased costs of complying with such stringent regulations challenge the mass-scale production of commercial aircraft components and parts.
For the detailed list of factors that will drive and challenge the growth of the commercial aircraft passenger service unit (PSU) market during the 2019-2023, view the full report.
Competitive Landscape
The market appears to be highly concentrated and with the presence of a few market players. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
The growing initiatives of prominent OEMs for enhancing the production activities for achieving higher performance levels are expected to trigger the market growth during the forecast period. OEMs are adopting integration and full cross-functional alignment for managing industrial activities and achieving a high-performance level. In addition, the market players are defining and deploying industrial strategies for ensuring the best industrial standards. As a result, such initiatives will further boost the commercial aircraft passenger service unit market during the forecast period. The analysts have predicted that the commercial aircraft passenger service unit (PSU) market will register a CAGR of about 7% by 2023.
Market Overview
Growing demand for new generation aircraft
The global commercial aviation industry is growing steadily amid rapidly increasing air traffic, at the international, regional and domestic levels. The growing adoption of wide-body aircraft, especially in the middle east, is also promoting the growth of the global commercial aircraft PSU market during the forecast period.
Stringent legal norms and quality standards in the aviation industry
The global aviation industry is governed by numerous laws and regulations, which in a way define aviation industry. The increased costs of complying with such stringent regulations challenge the mass-scale production of commercial aircraft components and parts.
For the detailed list of factors that will drive and challenge the growth of the commercial aircraft passenger service unit (PSU) market during the 2019-2023, view the full report.
Competitive Landscape
The market appears to be highly concentrated and with the presence of a few market players. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Astronics Corporation
- Safran
- Triumph Group
- United Technologies
PART 01: EXECUTIVE SUMMARYPART 07: CUSTOMER LANDSCAPEPART 09: DECISION FRAMEWORK
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY APPLICATION
PART 08: GEOGRAPHIC LANDSCAPE
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
List of Exhibits
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Astronics Corporation
- Safran
- Triumph Group
- United Technologies
Global Commercial Aircraft Passenger Service Unit (PSU) Market 2019-2023
The analyst recognizes the following companies as the key players in the global commercial aircraft passenger service unit (PSU) market: Astronics Corporation, Luminator Technology Group, Safran, Triumph Group, and United Technologies.
Commenting on the report, an analyst from the team said: “The latest trend gaining momentum in the market is the development of PSUs with the display.”
According to the report, one of the major drivers for this market is the growing demand for new generation aircraft.
Further, the report states that one of the major factors hindering the growth of this market is the cost pressure on the aviation supply chain.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
The analyst recognizes the following companies as the key players in the global commercial aircraft passenger service unit (PSU) market: Astronics Corporation, Luminator Technology Group, Safran, Triumph Group, and United Technologies.
Commenting on the report, an analyst from the team said: “The latest trend gaining momentum in the market is the development of PSUs with the display.”
According to the report, one of the major drivers for this market is the growing demand for new generation aircraft.
Further, the report states that one of the major factors hindering the growth of this market is the cost pressure on the aviation supply chain.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
A selection of companies mentioned in this report includes:
- Astronics Corporation
- Luminator Technology Group
- Safran
- Triumph Group
- United Technologies
Note: Product cover images may vary from those shown
