Seating Market in Aircraft 2018 Global Key Leaders: Etihad Airways, Qatar Airways, Emirates, B/E Aerospace, Zodiac Aerospace, RECARO Aircraft Seating GmbH, Acro Aircraft Seating

Market Scenario:

Global Aircraft Seating Market Information by Seat Type (First Class, Business, Premium Economy, and Economy), Aircraft Type (Wide body, Narrow body, and Regional Transport Aircraft), Fit type (Line Fit and Retro Fit), and Region - Forecast to 2023.

The overall aircraft seating market in the globe is largely dominated by the passengers various requirement regarding seating comfort. For the long-distance journey, aircraft seat fitted into passenger airlines are designed to develop better relationship between passenger and the company. Similarly, manufacturers in the global aircraft seating market are targeting upon designing seats with an ergonomic and aesthetic design, which enables them in serving the needs of passengers across different cultures. Airlines sometimes go with both, high and low-end options, varying the seating, depending on the market/route, flight timing or target audience.

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Key Players

In the Middle East, the key airline companies, such as Etihad Airways, Qatar Airways, and Emirates, propel the market. Some major aircraft seat manufacturers are also focusing on catering these airlines to increase their sales and revenue. Similarly, the emerging regions such as Asia, Africa, and South America, have immense potential and are considered to grow, exponentially, during the forecast period.

The key players of this market are B/E Aerospace, Inc. (U.S.), Zodiac Aerospace (France), RECARO Aircraft Seating GmbH & Co. KG (Germany), Aviointeriors S.p.A. (Italy), Acro Aircraft Seating (U.K.), Thompson Aero Seating Ltd. (U.K.), Haeco Americas (U.S.), Geven S.P.A(Italy), Sogerma S.A. (France) and ZIM Flugsitz GmbH (Germany).

Intended Audience

Distributer & Supplier companies
End Users
Consultants and Investment bankers

The aircraft seating market, with the highest rate of the commercial aircraft cabin interior market, is forecast to undergo high growth rate in the markets of Saudi Arabia, North America, and Europe. The reason behind this may be the increased popularity of business and ultra-luxury segments of air transport. The seats used in the most luxurious segments can cost over USD 460,000. Hence, this is a high-value segment and will drastically contribute in the growth of the aircraft seating market.

The commercial aircraft seating market in the Americas is expected to grow with the rising number of aircraft in service, and hence the use of the aircraft seat for new aircraft as well as the retrofit purposes. In 2013 there was an aircraft fleet of 8,050, in service, in the region; 6,550 of which was in North America, and the remaining 1,420 aircraft were in Latin America. The region is expected to see a demand for a new fleet of 11000 over the next two decades.

Americas is the major markets in terms of global aircraft retrofit and MRO market. In 2014, the Americas accounted for 35.18 percent (North America: 30.68 percent, S. America: 4.51 percent) of the global aircraft MRO market.

Owing to the increased sale of commercial jets, Asia Pacific and the Middle East are expected to have the fastest growth rate. India and China can be among the biggest contributors of the aircraft seating market by 2023. North America, however, would remain the largest market, globally.

Some major driving factors for the global aircraft seating market include the provision of proper safety and security in aircraft and the mandatory government regulations. Moreover, rise in manufacture of aircraft across the globe, growth percentage in the aviation sector, high disposable income of consumers, and a gradual rise in investments in flight seats by manufacturing companies are also expected to add to the growth of the flight seat market, globally. Also, increased tapping of aircraft seat manufacturers in the emerging regions such as the Middle East, Asia Pacific, South America, and Africa, growth in trade and tourism, across the globe, are other significant reasons for the rise of growth of this market.

Industry/ Innovation/ Related News

November 2017 – Delta Air Lines announced that it will offer lie-flat business-class seating on domestic flights on six more routes next year as customer service on US domestic long-haul flights continues to become more competitive.
November 2017 – AUSTRALIA’S largest budget airline commenced a bold plan to squeeze more seats onto its planes. An extra row of economy seating has been fitted into 43 of Jetstar’s A320 fleet by rearranging the toilets and reducing the galley space.
November 2017 – Singapore Airlines unveiled new Airbus A380economy-class seats, which will be introduced by the end of the year. The seats, Recaro Aircraft Seating’s CL3710, will also be used on the carrier’s A350 and Boeing 787-10aircraft in 2018. According to Recaro, the “highly customized seat back and special padding will ensure exceptional passenger comfort.

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