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Commercial Aircraft Seat Actuation Market Trends, Business Overview, Industry Growth and Forecast to 2028

05-09-2022 02:22 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

The global commercial aircraft seat actuation market is anticipated to grow at a considerable CAGR during the forecast period (2022-2028). The rise in air traffic coupled with the growing demand for air travel is anticipated to drive the growth of the global commercial aircraft seat actuation market. According to International Civil Aviation Organization (ICAO), the total number of passengers carried on scheduled services rose to 4.5 billion in 2019, which is 3.6% higher than in 2018, while the number of departures reached 38.3 million in 2019. The low-cost carriers carried an estimate of 1.4 billion passengers in 2019, which was approximately 31.0% of the global total scheduled passengers. Further, according to the data published by the Bureau of Transportation Statistics in 2022, U.S airlines carried 674 million passengers in 2021, which is 82.5% more than in 2021.

Looking toward the demand for aircraft seat actuation, key market players are adopting various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, Recaro Aircraft Seating (Recaro) was tapped to equip Qatar airways with a CL3810 economy seat. The CL3810 is a combination of innovative ergonomic technology, premium comfort cushions, and lightweight smart engineering. The seat's shape was designed to support the passenger's point of tension. Further, as per the company, 20 chipsets will be installed on the A321 Neo fleet by the end of 2022.

Similarly, in August 2021, Geven and PreistmanGoode had unveiled Elemento. Elemento is a part of the partnership project to create next-generation seats that deliver passenger comforts and benefits while allowing airline customization and configuration into different aircraft types. The seat modular design allows integration and installation of monitors and PEB holders into both wide- and narrow-body aircraft. Thus, such launches are anticipated to drive the growth of the global commercial aircraft seat actuation market .

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Market Coverage
•The market number available for - 2021-2028
•Base year- 2021
•Forecast period- 2022-2028
•Segment Covered-
•By Aircraft Type
•By Type
•By Class
•Regions Covered-
•North America
•Europe
•Asia-Pacific
•Rest of the World

Competitive Landscape- Safran SA, Ametek Inc, ITT Inc, and Meggitt Plc among others

A full report Commercial Aircraft Seat Actuation Market of is available at:  https://orionmarketreports.com/commercial-aircraft-seat-actuation-market/105536/

Global Commercial Aircraft Seat Actuation Market Report by Segment
By Aircraft Type
•Narrow-Body Aircraft
•Wide-Body Aircraft
•Regional Aircraft
•Business Aircraft
By Class
•Premium Economy Class
•First Class
•Economy Class
•Business Class
By Type
•Hydraulic
•Pneumatic
•Electromechanical

Key questions addressed by the report
•What is the market growth rate?
•Which segment and region dominate the market in the base year?
•Which segment and region will project the fastest growth in the market?
•How has COVID-19 impacted the market?
•Deviation from the pre-COVID-19 forecast
•Most affected region and segment
•Who is the leader in the market?
•How players are addressing challenges to sustain growth?
•Where is the investment opportunity?

 

Media Contact:

Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404

About Us:

Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

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