Aircraft Seating Market 2018 Industry Revenue Model by TOP Leading Companies: Etihad Airways, Qatar Airways, B/E Aerospace, RECARO Aircraft Seating, Thompson Aero Seating, Aviointeriors

Market Highlights:

Aircraft or Airplane Seating is of paramount priority for Airline companies when it comes to leveraging added comfort to enhance travel experience of their passengers. Airline companies, while investing significantly on Aircraft Component & Engine MRO and technology upgrade; are also considering economics, and ergonomics of cabin furnishings to ensure Air Traveller’s Comfort.

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.

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Major Key Players

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).

The global aircraft seating market is expected to grow at 14% CAGR during the forecast period 2017 to 2023.

Market Scenario:

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.

In Premium configuration, the aircraft is arranged for premium economy, business and first class seats, with less or no economy class seats.

While, in Standard seating configuration, the aim is to increase the seating density per aircraft, adding more economy class seats to the premium economy, business, and first class. Standard configuration is generally used for the most part of the airline's flight network while premium configuration aircraft are mainly used on special routes or flight timing.

One of the greatest challenges to introduce design innovations in aviation is the restrictive cost, mainly driven by the safety and certification requirements (crash test, flammability, evacuation requirements etc.), which requires specialisation in this field. Moreover, good design takes time to reach the assembly from the prototype of the aircraft.

Minimizing weight is crucial to achieving the optimum ratio between payload and range for an aircraft and indirectly low fuel consumption. Weight reduction is a motivator for the majority of the advances in the aerospace industry. Advanced seats are designed to meet the highest customer expectations in terms of in-flight entertainment technology and comfort. For example, Lufthansa has designed a new lightweight seat for the business and economy classes of its European short-haul and medium-haul fleet. This aircraft seat is also used by Lufthansa subsidiaries Austrian Airlines, Swiss International Air Lines and Brussels Airlines.

Segmentation

Aircraft Seating Market can be segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;
Segmentation By Seat Type: Comprises First Class, Business, Premium Economy, and Economy.
Segmentation By Aircraft Type: Comprises Wide body, Narrow body, Regional Transport Aircraft and other.
Segmentation By Fit: Comprises Line Fit and Retro Fit
Segmentation By Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.

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