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Global Aircraft Seating Market Analysis and the Impact of COVID-19 Key Vendors Zodiac Aerospace, Thompson Aero Seating Ltd., RECARO Aircraft Seating GmbH & Co. KG, ZIM Flugsitz GmbH

08-06-2020 10:09 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: QUINCE MARKET INSIGHTS

QMI

QMI

The global aircraft seating market is expected to grow at a high CAGR over the forecast period. The key objective of this report is to study, define, describe, and estimate the global market based on type, application, and region. The report also emphasizes on offering a complete competitive landscape of the market. This report profiles major market players, product portfolios, focusing on their financial positions and growth strategies, and analyses their core competencies and market shares to forecast the degree of competition prevailing in the global market.

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Scope of the Global Aircraft Seating Market
The research approach used to forecast and estimate the market includes the study of data and share particulars of key market players through secondary sources, such as annual reports, investor presentations, company websites, and associations. The bottom-up procedure was used to arrive at the overall size of the industry by forecasting the revenue of major industry players. After predicting the complete market size, the market was segmented into several segments and sub-segments, which are then proved through primary research by conducting widespread interviews with key industry experts, such as executives, CEOs, directors, VPs, and engineers.

The global aircraft seating market is witnessing high growth due to increasing passenger air traffic, growing airline industry across the globe, increasing demand for retrofit aircraft seats, introduction of advanced technologies, an increase in demand for aircraft ejector seats and helicopter seats. In addition, the rising tourism industry, expanding custom innovation, reduction in oil prices are helping to improve the airline industry. The entry of new players, mergers & acquisitions, and growing demand for lightweight aircraft seats with low maintenance cost and high durability are some of the major factors that can increase the demand for aircraft seating over the forecast period.

Segment Analysis of the Global Aircraft Seating Market
The global aircraft seating market is basically segmented into type, application, and geographical regions.
• On the basis of aircraft type, the global market is segregated into regional transport aircraft, wide body aircraft, narrow body aircraft, and regional transport aircraft.
• On the basis of class type, the global market is sub-divided into business class, economy class, first class, and premium economy class.
• In terms of fit type, the industry is segregated into line fit and retro fit.
• On the basis of component, the market is fragmented into foams & fittings, seat actuators, and others.

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Geographical Analysis of the Global Aircraft Seating Market
The report provides a thorough overview of the industry comprising both qualitative and quantitative data. It gives an overview and forecast of the global market based on various segments. It also offers market size and forecast estimates with respect to five major regions, viz, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The North American region is dominating the Aircraft Seating market followed by Europe and Japan due to the growing demand for international air traffic, air transportation, and flight frequency coupled with increasing per capita income of individuals.

Recent Strategic Developments of Major Global Aircraft Seating Market Players
• In August 2018, Collins Aerospace signed an agreement with Turkish Airlines for the adoption of its MiQ seating platform for the business class cabin of its novel fleet of single-aisle, medium-haul aircraft
• August 2018, RECARO Aircraft Seating GmbH & Co. KG signed an agreement from Skymark Airlines to offer 177 BL3530 short-haul seats for 3 Boeing 737-800 aircraft.

Competitive Landscape of the Global Aircraft Seating Market
The report also includes the profiles of key participants along with their SWOT analysis and numerous market strategies. Some players of aircraft seating market are Zodiac Aerospace, Thompson Aero Seating Ltd., RECARO Aircraft Seating GmbH & Co. KG, ZIM Flugsitz GmbH, B/E Aerospace, Inc., Aviointeriors S.p.A., and Acro Aircraft Seating, among others.

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Market Segmentation:

By Aircraft Type:
• Wide Body Aircraft (WBA)
• Narrow Body Aircraft (NBA)
• Very Large Aircraft (VLA)
• Regional Transport Aircraft (RTA)

By Class Type:
• Economy Class
• Premium Economy Class
• Business Class
• First Class

By Fit Type:
• Retrofit
• Line Fit

By Component:
• Seat Actuators
• Foams& Fittings
• Others

By Region:
• North America
o By Country (US, Canada, Mexico)
o By Aircraft Type
o By Class Type
o By Fit Type
o By Component Type

• Western Europe:
o By Country (Germany, UK, France, Spain, Italy, Rest of Western Europe)
o By Aircraft Type
o By Class Type
o By Fit Type
o By Component Type

• Eastern Europe:
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Aircraft Type
o By Class Type
o By Fit Type
o By Component Type

• Asia Pacific
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By Aircraft Type
o By Class Type
o By Fit Type
o By Component Type

• Middle East:
o By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
o By Aircraft Type
o By Class Type
o By Fit Type
o By Component Type

• Rest of the World
o By Region (South America, Africa)
o By Aircraft Type
o By Class Type
o By Fit Type
o By Component Type

Reasons To Buy This Report:
• Market size estimation of the aircraft seating market on a regional and global basis
• Unique research design for market size estimation and forecast
• Profiling of major companies operating in the market with key developments
• Broad scope to cover all the possible segments helping every stakeholder in the market

Contact:
Quince Market Insights
Office No- A109
Pune, Maharashtra 411028
Phone: APAC +91 706 672 4848 / US +1 208 405 2835 / UK +44 1444 39 0986
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com

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