Aircraft seating Market Growing Business Opportunities, Aircraft Industry Trends, Cabin Interior Demand By 2029

The global aircraft seating market is expected to grow at 6.35% CAGR from 2022 to 2029. It is expected to reach above USD 7.36 billion by 2029 from USD 4.24 billion in 2020.

Exactitude Consultancy research's "Aircraft seating Market Forecast" study report focuses at sales and the overall global market for Aircraft seating in 2022. The sales forecast for Aircraft seating by region and market sector for the years 2023 through 2029 is then thoroughly analyzed. This study provides a comprehensive analysis of the global Aircraft seating market, with sales of Aircraft seating broken down by region, market sector, and sub-sector, in US$ million.

Based on market dynamics and development-promoting variables, the Aircraft seating Market research assesses market valuation and growth rate. On the most recent business prospects, trends, and news in the sector. Along with a SWOT analysis of the major suppliers, the research also includes a thorough market study and vendor landscape.

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Market Overview:

An aviation seat is a seat on an airliner that accommodates people for the duration of the flight. These seats are typically organised in rows that run across the fuselage of an aeroplane. An aviation seat map is a diagram of such seats in an aircraft. Aircraft seats are custom-made to meet the demands of passengers, including features such as reclining chairs and power ports. The chairs are constructed out of fire-resistant, insulated, durable, lightweight, and robust components such as structure, foams, actuators, and electrical fittings.

Market Driver

In-Flight Entertainment & Connectivity (IFEC) systems have grown in popularity over the last decade, offering an additional source of revenue for airlines. IFEC systems, which are typically installed in business and first-class seats, help to maintain service quality and improve onboard services. Airlines are replacing old seats with new, modern IFEC systems to generate ancillary revenue, as upgrading existing seats is typically difficult owing to compatibility and configuration concerns.

competitive analysis

The research identifies the key establishes that will drive growth since demand is determined by a buyer's financial resources and the rate at which an item develops. Key companies and new entrants can gain insight into the spending reports of major market participants in this area, which will help them better appreciate the possibilities for investment in the global Aircraft seating market. It can be used more effectively by both established and up-and-coming players in the market to gain a thorough understanding of the sector.

Major companies in Aircraft seating Market are:

Acro Aircraft Seating Ltd, Airbus S.A.S., Aviointeriors S.p.A., Geven S.p.a., Jamco Corporation, Raytheon Technologies Corporation, Recaro Aircraft Seating GmbH & CO. KG, Safran, Swire Pacific Limited, and The Aviation Industry Corporation of China, Ltd.

Recent Developments:

In August 2022, The HAECO Group subsidiary HAECO ITM Limited (a joint venture by HAECO and Cathay Pacific Airways) signed an exclusive agreement with Silk Way West Airlines to support the technical management of the airline's Boeing 747-8F inventory.

In July 2022, For Air New Zealand's ground-breaking new cabin concept, ZIM Aircraft Seating, known for its industry-leading development, design, and manufacture of aircraft seats, is providing premium eco seats.

In July 2022, The brand-new A320neo and A321neo aircraft operated by IndiGo will be outfitted with the RECARO Aircraft Seating (RECARO) BL3710.

In July 2022, In order to provide operators in the Asia Pacific region with a competitive and high-quality component repair offering, Hutchinson finalized its long-term agreement with Singapore Component Solutions, a joint venture between Sabena Technologies and AFI KLM E&M dedicated to component support.

Aircraft seating Market Segmentation:

Aircraft Seating Market by Aircraft Type, 2020-2029, (USD Million), (Thousand Units)

Civil Aircraft

Helicopters

UAM

Aircraft Seating Market by Components and Material, 2020-2029, (USD Million), (Thousand Units)

Cushion And Filling Material

Structure Material

Upholsteries And Seat Cover

Seat Actuators

Others

Aircraft Seating Market by Seating Type, 2020-2029, (USD Million), (Thousand Units)

Economy Class

Premium Economy Class

First Class

Business Class

Aircraft Seating Market by End User, 2020-2029, (USD Million), (Thousand Units)

OEM

MRO

Aircraft Seating Market by Region, 2020-2029, (USD Million), (Thousand Units)

North America

Europe

Asia Pacific

South America

Middle East And Africa

Important countries in all regions are covered.

Our market analysts are professionals at carefully categorizing the global Aircraft seating market into various categories and assessing each segment's growth potential in detail. The research study begins with a comparison of the segments' consumption and growth rates throughout a nine-year assessment period. The report's segmentation study, which considers the market potential of the various categories examined, provides an excellent understanding of the global Aircraft seating market. Businesses can better understand their target market by segmenting it, which enables them to create marketing plans and products that are tailored to particular categories. Here are two typical methods for market segmentation: by kind and by application.

This report also splits the market by region:

The United States, Canada, and Mexico make up North America, while Germany, France, the United Kingdom, the Netherlands, Switzerland, Belgium, Russia, Italy, Spain, and Turkey make up Europe. Other countries covered in the report include China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and the rest of Asia-Pacific (APAC). Saudi Arabia, the United Arab Emirates, Israel, Egypt, South Africa, and the rest of the Middle East and Africa (MEA) are also included.

The overall part of the research also lists specific market-impacting variables and domestic market regulation changes that have an effect on the market's present and future tendencies. Some of the key data points used to estimate the market situation for specific nations are consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, and upstream and downstream value chain analysis. When giving prediction analysis of the country data, it also takes into account the presence and accessibility of international brands, the difficulties they encounter owing to strong or weak competition from local and domestic brands, the influence of domestic tariffs, and trade routes.

Strategic Points Covered in Table of Content of Global Aircraft seating Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Aircraft seating market
Chapter 2: Exclusive Summary - the basic information of the Aircraft seating Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Aircraft seating
Chapter 4: Presenting the Aircraft seating Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country
Chapter 6: Evaluating the leading manufacturers of the Aircraft seating market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

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