Press release
Commercial Aircraft Seat Belts Market: Global Industry Analysis by Type, Application, Regional Demand, Business Impact by COVID-19 Worldwide Outbreak
The global commercial aircraft seat belts market was valued at US$ 212.5 Mn in 2016 and is expected to grow with a CAGR of 7.4% during the forecast period. Increasing number of passengers travelling by aircraft across the globe has been a major driver in the growth of the aircraft market.A seat belt is a safety harness device which is specifically designed in order to secure the occupant in an aircraft from unforeseen mid-air turbulence and to any harm to the passenger. In the aviation industry, it is mandatory for the passengers to wear a seat belt on the plane unless the seat belt sign is turned off. The commercial aircraft orders are showing a steady growth owing to the demand generated by growing air passenger traffic. Thus, the rapid increase in the number of aircraft deliveries is the driving the growth of Commercial Airline Seat Belt Market.
For instance, Air Bus and Boeing delivered 81 and 30 commercial jets respectively in 2018. Moreover, the manufacturers are increasingly focusing on reducing the weight of the aircraft and thus lightweight commercial aircraft seatbelt is expected to witness tremendous growth over the coming years. Moreover, the increasing use of metal injection molding technologies in manufacturing lightweight aircraft seat belts is helping manufacturers to develop new designs and fulfil the changing demands made by aircraft and aircraft seat manufacturers. This additive manufacturing technology is offering quality and cost advantages to manufacturers. The development of new lightweight materials may provide new opportunities for the growth of the aircraft seating market, as well as help the growth of the aviation market by providing more savings to the airlines.
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Major Classifications of Commercial Aircraft Seat Belts Market:
Major Key players covered in this report:
• Aerocare International
• Aircraft Cabin Modification
• AmSafe
• Anjou Aeronautique
• SCHROTH Safety Products
By Type:
• Nylon Ribbon
• Polyester Ribbon
By Applications:
• Economy Class
• First Class
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Regions covered in the Commercial Aircraft Seat Belts Market report:
North America (U.S. and Canada)
Europe (U.K., Germany, France, Spain, Italy and Rest of Europe)
Asia Pacific (China, Japan, India, Indonesia and Rest of Asia Pacific)
Latin America (Brazil, Mexico and Rest of Latin America)
Middle East & Africa (GCC, South Africa and Rest of Middle East & Africa)
This Market Study covers the Commercial Aircraft Seat Belts Market Size across segments. It aims at estimating the market size and the growth potential of the market across segments by component, data type, deployment type, organization size, vertical, and region. This Commercial Aircraft Seat Belts study also includes an in-depth competitive analysis of the key market players, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Industrial Analysis of Commercial Aircraft Seat Belts Market:
Attributes such as new development in Commercial Aircraft Seat Belts market, Total Revenue, sales, annual production, government norm, and trade barriers in some countries are also mentioned in detail in the report. Commercial Aircraft Seat Belts Report discusses about recent product innovations and gives an overview of potential regional market shares.
Reason to purchase Commercial Aircraft Seat Belts market report:
• The report offers market sizing and growth prospects of the Commercial Aircraft Seat Belts market for the forecast period 2019–2027.
• The report provides the capability to measure Commercial Aircraft Seat Belts market to aim the growth of upcoming products, pricing strategies, predictions about new launching products.
• Provides comprehensive insights on the latest industry trends, market forecast, and growth drivers in the Commercial Aircraft Seat Belts market.
• The report contains a detailed analysis of market growth factors, market drivers, challenges, and investment opportunities.
• The report delivers a complete summary of market segments, sub-segments and the regional outlook of the market.
• Offers an exhaustive summary of the vendor landscape, competitive analysis, and key market strategies to gain a competitive advantage in the Commercial Aircraft Seat Belts market.
• Deliver region wise & country-wise detailed & accurate information of Commercial Aircraft Seat Belts Market.
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