Aircraft Seating Market Size | Aggrandized expansion by registering 13% of a CAGR | Major Key Players: B/E Aerospace, Acro Aircraft Seating and Haeco Americas

Aircraft Seating Market 2018 Research Report – Global Industry Forecast to 2023, is latest research report on Global Aircraft Seating industry published by Market Research Future. Report provides comprehensive information on Global Aircraft Seating Market forecast, historic data, with business development strategies, upcoming opportunities, and regional outlook. The global aircraft seating market is expected to grow at 14% CAGR during the forecast period 2017 to 2023.

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).

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Market Highlights:

Aircraft Seating is a paramount concern for airline companies when it comes to leveraging the added comfort of their passengers to enhance their travel experience. While investing significantly in aircraft components, engine MRO and technology upgrade these airline companies are also considering economics, and ergonomics of cabin furnishings to ensure their customer's comfort.

The global airplane seating market is growing pervasively gaining colossal traction mainly due to the increased air travel rate, worldwide. Off late, most of the airline companies are making substantial investments to modify their cabin interior including seating arrangements. While some of them are emphasizing on offering more comfortable, luxurious lie-flat business class seating, some are adding an extra row of economy seating; whereas some of them are introducing new seating design in their aircrafts.

Acknowledging the increasing investment activities getting transpired in the airline industry lately; Market Research Future (MRFR) in its recently published study report asserts that the global aircraft seating market is projected to demonstrate an aggrandized expansion by registering approximately 14% CAGR during 2017-2023.

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.

Regional & Country Analysis:

In 2015, there were around 22,000 aircraft in service, majority of them from North America. This figure is likely to double in the next 20 years to reach around 40,000 aircraft. Improved affordability and accessibility will stimulate demand for air travel in established markets and meet the emerging travel needs of the growing middle-class population in the region. By 2021, EMEA is likely to lead the market with a market share of around 38%, followed by Americas and APAC. In APAC region, there were around 6,000 aircraft in service in 2015 which is expected to have around 13,460 new aircraft over the next two decades. These factors will drive the demand for aircraft seating market.

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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