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Technological Advancements in Aircraft Seat Actuation Systems

03-05-2020 01:12 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketsandMarkets

"Business class segment of the aircraft seat actuation system market is projected to grow at the highest CAGR from 2017 to 2022"

Based on seat class, the business class segment is projected to grow at the highest CAGR during the forecast period. The increase in aircraft orders and demand for enhanced passenger experience, especially in long-haul aircraft, are among the key factors driving this segment of the market.

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"The wide body aircraft segment of the aircraft seat actuation system market is projected to grow at the highest CAGR from 2017 to 2022"

Based on aircraft type, the wide body aircraft segment is projected to grow at the highest CAGR during the forecast period. The increase in orders for wide body aircraft due to the increased demand for long-haul travel is one of the key factors driving this segment of the aircraft seat actuation system market.

Business class segment projected to grow at the highest CAGR from 2017 to 2022.

Based on seat class, the business class segment is projected to grow at the highest CAGR during the forecast period. Business class and first class seats have various features, including adjustable headrests, reclining mechanism, electronics, control for in-flight entertainment systems, and massage and adjustable lumbar support. The increasing air passenger traffic and demand for premium class seating in aircraft are driving the growth of the business class segment of the aircraft seat actuation system market.

Wide body aircraft segment projected to grow at the highest CAGR from 2017 to 2022.

Based on aircraft type, the wide body aircraft segment is projected to grow at the highest CAGR during the forecast period. The increase in orders for wide body aircraft due to the increased demand for long-haul travel is one of the key factors driving this segment of the aircraft seat actuation system market. Wide body aircraft are installed with first class, business class, economy class, and premium economy class seats. Hence, the demand for advanced seat actuation systems is high in this segment. Wide body aircraft are also being retrofitted with advanced seating systems in the premium seating category.

Aftermarket segment projected to grow at the highest CAGR from 2017 to 2022.

Based on end user, the aftermarket segment of the aircraft seat actuation system market is projected to grow at the highest CAGR during the forecast period. The aftermarket sales of seat actuation systems depend on the regular retrofitting of aircraft seating as well as the replacement of spare parts during the scheduled and unscheduled maintenance of aircraft. North America and Europe are the largest markets for aftermarket aircraft seat actuation system. The airlines in these regions have a higher rate of usage of seats, and they are often retrofitted.

Mr. Sanjay Gupta
MarketsandMarkets(TM) INC.
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MarketsandMarkets(TM) provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets(TM) for their painpoints around revenues decisions.

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