Press release
Aircraft Cabin Interiors Market Set to Grow at the Fastest Rate- Time to Grow your Revenue
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Based on end user, the aircraft cabin interiors market is segmented into OEM, MRO and Aftermarket. The OEM segment will register highest CAGR during the forecast period. Aircrafts are fitted with various components and sub-components of aircraft cabin interior systems, among others, prior to their delivery to airline companies. OEM manufacturers are responsible for the installation of various systems in an aircraft. Aircrafts that are delivered to airlines are fitted with cabin interior components that include seats, lighting, galleys, windows & windshields, along with an in-flight entertainment system. This stage of installation is known as OEM. The increase in aircraft orders is driving the growth of OEM segment of the aircraft cabin interiors market.
Based on aircraft type, the aircraft cabin interiors market is segmented into narrow body aircraft, wide body aircraft, regional jet, turboprop and business jet. The narrow body aircraft segment is expected to grow at the highest CAGR during the forecast period. Increasing upgrades of aircraft cabin interiors and demand for more long-haul flights are leading to the growth of narrow body aircraft segment of the aircraft cabin interiors market.
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Based on region, the aircraft cabin interiors market has been segmented into 6 regions, namely, North America, Europe, Asia Pacific, Latin America, Middle East and Africa. The North American Aircraft Cabin Interiors market is projected to grow at the highest CAGR during the forecast period from 2022 to 2027. The aircraft cabin interiors market in the region is expected to witness significant growth due to rapid development of new aircraft cabin interior technologies by regional companies.
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