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Aircraft Seating Market Opportunities, Top Manufacture, Industry Insights, Global Analysis, Growth, share, Size, Geographical Overview and outlook by 2026

Aircraft Seating Market

Aircraft Seating Market

The vendor landscape of the aircraft seating market is moderately consolidated with the presence of few prominent players in the aircraft seating market. Transparency Market Research figured RECARO Holding, Gmbh, HAECO and Zodiac Aerospace as the leading players in the market with more than 50% of total market share altogether while rest shares are dominated by local players.

The major players are focusing on acquisitions and mergers, collaboration and business expansion. For instance, Zodiac Aerospace collaborated with Safran this will help improving its R&D capabilities as well as production capacity.

Apart from this, players are adopting several instrumental expansion strategies to stay ahead in the global aircraft seating market. Players in the market are developing seats with ergonomic designs and enabling cost-effective production through optimized use of raw materials. Other players are focusing towards business expansion to strengthen their market share.

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global aircraft seating market
According to TMR, global sales of aircraft seats is poised to grow at a CAGR of 12.9% during the forecast period 2017-2026. Rising at this CAGR, the sales aircraft seats market is expected to touch a valuation of US$ 27.5 bn by the end of 2026. The analysts noted the market at US$12 in the year 2016.

Geographically, North America is projected to dominate the aircraft seating market during the forecast period, thanks to the high demand for air transportation, international air traffic, increasing flight frequency. Further on the basis of type, the narrow-body segment is anticipated to hold highest share the coming few years. This is mainly due to the increase in number of narrow-body aircraft delivery.

Significant Rise in Air traffic to Boost Prospects of the Aircraft Seating Market

The aircraft seating market is projected to grow at a prominent pace in the coming few years. This is mainly due to the increase in number of new aircraft orders coupled with rise in demand for premium economy class seats.

The airline industry at present witnessing the most lucrative phase with decrease in oil prices. Further, rise in global economy and significant increase in disposable income is making air transport easy and accessible for the middle class population. That’s the reason a large number of people are preferring air travel than land transport. Increase in number of air travellers is prompting air companies to invest in amenities. In aircrafts, seats play a vital role as a passenger spend most of its time on seat. This is expecting to offer a significant boost to the aircraft seating market in the coming few years.

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Further, surge in investment in upgrading their existing aircraft fleets and service provider’s willingness to improve customer experience are some significant factor expected to drive the aircrafts seating market.

However, complexities in supply chain is a great challenge for the aircraft seating manufacturers, this is expected to increase their revenues. Nevertheless, players are taking measures to ensure that there is no disruptions in the supply chain of individual components.

Use of Lightweight Polymers for Seat Manufacturing to Offer New Opportunities

Furthermore, players are experimenting with the development of new lightweight materials that will provide new opportunities for the growth of the aircraft seating market. This will provide more opportunities for the growth of the aviation market by providing more savings to the airlines operators.

The information is derived form TMR’S report titled, “Aircraft Seating Market (Aircraft Type – Regional Jets, Narrowbody, Small Passenger Widebody, Medium/ Large Passenger Widebody, and Turboprop; Seating Class Type – Economy Class, Business Class, and First Class; Fit Type – Retro Fit and Line Fit) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2026.”

The aircraft seating market is segmented as below

Aircraft Type

Regional Jets,
Narrowbody,
Small Passenger Widebody,
Medium/ Large Passenger Widebody,
Turboprop
Seating Class Type

Economy Class,
Business Class,
First Class
Fit Type

Retro Fit
Line Fit
Regional Analysis

North America
U.S.
Rest of North America
Europe
U.K.
Spain
France
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
ASEAN
Rest of Asia Pacific
Latin America
Brazil
Rest of Latin America
Middle East & Africa (MEA)
GCC countries
South Africa
Rest of MEA

Customization of the Report: This report can be customized as per your needs for additional data or countries. – https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=37874

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About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

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