Aircraft Seating Market Research Report Updated 2020

The global aircraft seating market size is expected to derive growth from increasing demand for in-flight entertainment and connectivity systems for premium quality seats. Fortune Business Insights, in its latest report, titled "Aircraft Seating Market Size, Share and Industry Analysis, By Class (Business, First, Premium Economy, and Economy), Seat Type (9g and 16g Seats), Aircraft Type (Commercial, Business, and Regional Aircraft), Components (Structures, Foams, Actuators, and Electrical Fittings), End-Use (OEMs and Aftermarket), and Regional Forecast 2019-2026.", reports that the global aircraft seating market is projected to reach USD 13.42 billion by 2026.

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List of Key Players Operating in Global Aircraft Seating Market:

Acro Aircraft Seating
Aviointeriors
Collins Aerospace
Embraer Aero Seating Technologies (EAST)
Expliseat
Geven
HAECO
Iacobucci HF Aerospace
Innovators
Jamco
Encore
Mirus Aircraft Seating
RECARO Aircraft Seating
Stelia Aerospace
Thomson Aero Seating
Zim Flugsitz
Zodiac Aerospace
Aircraft seat on an airliner accommodates passengers for the duration of the journey. Seats in an aircraft are arranged in rows running across the airplane. Today, with product innovations, airline industry is focusing on manufacturing seats that can improve passenger experience. Another area of focus among manufacturers is balancing cabin economics to fulfil the rising needs of consumers. . With growing air travel across the world, there is a need for robust, light-weight, and excellent seating comfort in the aircraft. The need for providing favorable passenger experience will witness increase in aircraft orders globally. This is expected to drive the global aircraft seating market growth during the forecast period.

The report provides an in-depth analysis of the global aircraft seating market. It highlights the latest product launches and recent innovations in the market and states their impact on the growth of the market. Forecast values have been provided for the market for the period of 2019-2026. The factual figures have been obtained through trusted sources. Moreover, these predictions are made on the basis of extensive research analysis methods, coupled with the opinions of experienced market research professionals. The competitive landscape has been discussed in detail and predictions are made with respect to leading companies and products innovations and developments during the forecast period.

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Drivers and Restraints:

Increasing Air Travel to Favor Market Growth

According to the International Air Transport Association (IATA), the present trends in air transport indicate that the passenger numbers are expected to double to 8.2 billion by 2037. The increasing trend among flyers will positively impact the global aircraft seating market share during the projected horizon. In addition to this, increasing air travel implies to rising need for aircraft maintenance that is expected to drive the market growth in the forthcoming years. For instance, in 2019, the Innovative Aircraft Seating Conference held its 10th Edition. This event focused on improving passenger experience, while highlighting the need for developments in seat design. With increase in air travel, rising impetus to improve flyer experience is expected to boost the market growth during the forecast period.

Regional Analysis:

North America to Lead Owing to Rapid Growth in Aviation Industry Among regions, North America is to remain dominant on account of flourishing aviation industry. Additionally, presence of major commercial aircraft OEMs such as Gulfstream, Textron, Bombardier, and others is anticipated to boost market growth for North America during the forecast period. On the other hand, the market in Asia-Pacific will expand considerably on account of increasing spend for the aviation sector. China, and India are expected to derive positive growth backed by presence of key aircraft OEMs such as Mitsubishi Heavy Industries (Japan), COMAC (China), Korea Aerospace Industries (South Korea).

Competitive Landscape:

Innovations in Aircraft Seating is the Strategy Adopted by Key Players

The market consists of numerous small, medium, and big enterprises that are constantly working towards gaining more share and strengthening their positions by launching innovative products. For instance, in 2017, Recaro Aircraft Seating, a German aircraft seating manufacturer, developed intelligent aircraft seat including wellbeing features such as settings for the seat, lighting and temperatures. The seats will provide comfort for the passengers, with pleasant long-range flight experience. Additionally, strategies like collaborations and contract extensions among key players will have a positive impact on the growth of the market between 2019 and 2026.

Industrial Developments:

October 2019: Jet Aviation awards Collins Aerospace Systems, a unit of United Technologies Corp., seating contracts. Under the contract, Collins Aerospace will provide industry-first, mini-base seating for Jet Aviation.
October 2019: Airbase, a part of Trenchard Aviation Group, wins contract to manufacture seat covers for Acro, a leading innovator in aircraft seating. They will provide Ultra-Leather seats for Acro.
April 2019: Airbus and RECARO Aircraft Seating collaborate together. This collaboration is aimed at extending contract for exclusive delivery of SFE seats for the A320 family by RECARO Aircraft Seating

April 2016: AirAsia signs agreement with apparently newcomer Mirus Aircraft Seating. As per the agreement, Mirus will manufacture seats for the low-cost airline's new and existing Airbus 320 fleet.
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