openPR Logo
Press release

Aircraft Seat Actuation Systems Market: Rising Air Travels will Fuel Demand for Aircraft Seat Actuation Systems

09-11-2017 04:32 PM CET | IT, New Media & Software

Press release from: TMR - Research Reports

Aircraft Seat Actuation Systems Market: Rising Air Travels will

The installation of aircraft seat actuation systems has considerably increased in the past few years in response to the surge in air travel. According to Transparency Market Research (TMR), consumers are more willing to pay for premium air travels for better comfort during long hours of air travel. This is a primary factor aiding the expansion of the global aircraft seat actuation systems market. While the market is currently led by the business class segment, the economy plus segment is expected to soon emerge as the most lucrative one.

However, the high cost of aircrafts and their maintenance restricts the bulk purchase of aircrafts, which in turn is inhibiting the growth of the aircraft seat actuation systems market. The emerging concept of low frill airlines is also threating the market’s growth prospects to an extent. Nevertheless, the recent technological advancements will provide ample opportunities for aircraft seat actuation systems manufacturers to capitalize on in the near future.

Browse Our Report @ http://www.transparencymarketresearch.com/aircraft-seat-actuation-systems-market.html

According to TMR, the global aircraft seat actuation systems market stood at US$150 mn in 2014. Rising at a C AGR of 13.1%, the market is expected to reach US$382.22 mn by the end of 2021.

By type, the global aircraft seat actuation systems market was led by the business class segment in 2014 with a share of 32%. The segment is witnessing substantial growth due to the increasing demand for better comfort during air travels. Furthermore, rapid globalization has resulted in robust increase of international business trips. This in turn has fuelled demand for aircraft seat actuation systems from the business class segment. It is expected to continue dominating the market through the course of the forecast period. However, TMR expects the economy class segment to exhibit robust growth between 2015 and 2021.

Brochure With Latest Advancements With Application @ http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=6334

The economy class encompasses a major portion of the seating arrangement in an aircraft since most passengers opt for this category. Actuation solutions deployed in this category are limited to linear motions to help passengers adjust their seats. This economy class seating therefore lacks the ergonomics and comfort offered by business class seating. However, the latest technological advancements are expected to make quite a few changes in the economy class seating designs, thus creating lucrative opportunities for the aircraft seat actuation systems manufacturers.
From the geographical standpoint, Europe dominated the global aircraft seat actuation systems market in 2014. The region is witnessing a rising demand for comfortable aircraft seating. This, combined with the presence of several prominent manufacturers, has sealed Europe’s position as the most lucrative market for aircraft seat automation systems in the world. The region is also home Airbus, which is one of the leading airline manufacturers in the world. These factors are expected to support the Europe market to reach US$131.1 mn by the end of 2021.

Browse Table Of Content @ http://www.transparencymarketresearch.com/report-toc/6334

However, TMR expects Asia Pacific to exhibit the strong growth in terms of demand for aircraft seat actuation systems. India, Japan, and China have emerged as the most lucrative markets for aircraft seat actuation systems in Asia Pacific. These countries are expected to witness significant technological advancements over the next few years to cater to the low-cost production needs of the region. This will considerably influence the aircraft seat actuation systems sales in Asia Pacific. Furthermore, rising disposable income levels across emerging economies have made passengers more willing to pay for comfortable flight. This will positively influence the market’s trajectory in Asia Pacific.

Some of the leading companies looking to benefit from the aforementioned trends are PGA Electronics S.A., Crane Aerospace & Electronics, Inc, Buhler Motor GmbH, ITT Corporation, Zodiac Aerospace S.A., and Nook Industries, Inc.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

Contact

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Aircraft Seat Actuation Systems Market: Rising Air Travels will Fuel Demand for Aircraft Seat Actuation Systems here

News-ID: 709228 • Views: 445

More Releases from TMR - Research Reports

Pulmonary Drugs Market is Expected to Reach US$ 28,082.1 Million by the End of 2 …
According to the research report, the global pulmonary drugs market is expected to be worth US$ 28,082.1 mn by the end of 2024 as compared to US$ 48,039.7 mn in 2015. Analysts calculate that the global market will plummet at a CAGR of -6.3% during the forecast period of 2016 and 2024. The market will thrive as the demand for combination drugs is anticipated to remain on the rise during
North America Ventricular Assist Device Market is rising to a valuation of US$ 1 …
According to TMR, the opportunity in the North America market for VADs, which stood at US$0.4 bn in 2015, is likely to expand at a healthy CAGR of 9.20% between 2016 and 2024 and increase to US$1.07 bn by the end of the forecast period. The destination therapy (DT) segment has been reporting a greater application of VADs than the other two indication segments. It is expected to remain the
Dental Membrane and Bone Graft Substitutes Market to rise to US$ 922.6 Million b …
Transparency Market Research notes that innovation and expansion into emerging regions have served these companies well in strengthening their hold in the dental membrane and bone graft substitutes market. For instance, Switzerland-based Geistlich Pharma AG - a global manufacturer and supplier of dental products and devices - expanded its operations in Sydney, Australia and New Delhi, India in 2016. The global dental membrane and bone graft substitutes market is expected to
Human Vaccines Market is Estimated to Reach US$ 72.5 Billion by 2024
The global human vaccines market was valued at US$28.3 bn in 2015 and is estimated to reach US$72.5 bn by 2024, registering an 11.2% CAGR during the forecast period. By age group, pediatric vaccines accounted for a 57.5% share in the global human vaccines market in 2015. Adult vaccines, on the other hand, are expected to expand at a 13.2% CAGR from 2016 to 2024. Based on product, the pneumococcal segment

All 5 Releases


More Releases for Rising

Crypto High and Rising
Key Metrics Show Institutional Interest in Crypto and Ripple Is High and Rising As institutions flock to crypto, here are the fundamental metrics that can be used to track their interest. The growth of the crypto derivatives market in 2020 has been a story of its own, mainly driven by Bitcoin (BTC) and Ether (ETH) options traded on exchanges such as the Chicago Mercantile Exchange, Deribit, OKEx, Binance and Houbi. And
Rising Demand For Processed Meat Paired With Rising Disposable Revenue To Boost …
As per the analysts at Zion Market Research, the Global processed meat market was capitalized at almost USD 714.00 Billion in 2016 and is likely to cross almost USD 1,567.00 Billion by end of 2022, developing at a CAGR of almost 14.0% from 2017 to 2022. DOWNLOAD FREE PDF BROCHURE @ https://goo.gl/E8ksL4 Some of the major companies active in processed meat market are Pilgrims Pride Corp., JBS SA, Advance Pierre Foods, Sysco
Global SAR Market is Rising Rapidly with the Rising Growth in Demand for SAR Mar …
“Global SAR Market Research Report 2017” is a professional and incisive analysis on the market dynamics of the Global SAR Market industry and future growth prospects of the key market players across the global. The study offers detailed quantitative and qualitative analysis of the industry by offering an overview of key market conditions and statistics on market estimations. An in-depth insight into the industry overview is offered in the study
Rising Economic Growth and Rising jack-up rig market Analysis & Outlook (2017-20 …
“The Report Global Jack-Up Rig Market: Industry Analysis & Outlook (2017-2021) provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz" Rigs are giant structures or machines consisting of mud tanks, mud pumps, derrick or mast, draw works, rotary table, drill string, power generation equipments and auxiliary equipments. Rigs are used in drilling a wellbore. Some rigs are used on water and
Global Advanced Wound Care Management Market: Rising Prevalence of Chronic Wound …
The global market for advanced wound care management is likely to witness a progressive growth throughout the forecast period. The rising focus of prominent players on research and development activities and innovations is estimated to encourage the growth of the overall market in the coming few years. Nevertheless, the high cost of products in comparison with the traditional methods is anticipated to restrict the growth of the global market in
Advanced Wound Care Management Market: Rising Prevalence Of Chronic Wounds Key T …
The global market for advanced wound care management, being a highly technology- and research- oriented specialty sector of the overall wound care market, features few companies and a highly consolidated competitive landscape, observes a recent report by Transparency Market Research. The top four vendors in the market, namely Molnlycke Health Care, Smith and Nephew plc, Convatec, and Acelity L.P. Inc., accounted for a share of nearly 65% of the global