Aircraft Seating Market: A Comprehensive Overview of the Industry’s Key Players and Trends
A Global Aircraft Seating Market Research Report from Emergen Research has been formulated by analyzing key business details and an extensive geographic spread of the Aircraft Seating industry, encompassing key business details and extensive geographical coverage. In addition to providing crucial statistical data about the Aircraft Seating market, this study covers qualitative and quantitative aspects of the Aircraft Seating market. A comprehensive analysis of established and emerging players in the market is summarized in the report. The report also covers the business overview, the product portfolio, and the strategic alliances and expansion strategies of the companies.
The Aircraft Seating Market is a crucial segment within the broader aviation industry. This market encompasses the design, manufacture, and installation of seats for various types of aircraft, including commercial airliners, business jets, and military aircraft. The quality and configuration of aircraft seating can significantly impact passenger comfort and satisfaction, making it a key focus for airlines and aircraft manufacturers.
The global aircraft seating market size was USD 6.40 Billion in 2022 and is expected to register a steady revenue CAGR of 6.8% during the forecast period, according to latest analysis by Emergen Research. One of the primary drivers of the Aircraft Seating Market is the ongoing growth of the global aviation industry. As air travel continues to increase, airlines are investing in new aircraft and upgrading their existing fleets, which often includes updating the seating. Additionally, the rising demand for premium economy seats, which offer more space and comfort than standard economy seats, is also driving market growth.
However, the Aircraft Seating Market also faces certain restraints. The high cost of advanced, lightweight materials used in modern aircraft seats can be a significant barrier. Additionally, the stringent safety regulations and certification processes associated with aircraft components, including seats, can also pose challenges.
Despite these challenges, several factors are contributing to the growth of the Aircraft Seating Market. The increasing focus on passenger comfort and the differentiation of in-flight services is driving airlines to invest in improved seating. Furthermore, the ongoing advancements in materials and design are enabling the development of more comfortable, lightweight, and durable seats.
Government statistics highlight the potential of the Aircraft Seating Market. According to a report by the U.S. Federal Aviation Administration, the total number of passengers on U.S. airlines and foreign airlines serving the U.S. is projected to increase from 1.1 billion in 2018 to 1.6 billion by 2038. This growth in air travel suggests a corresponding increase in demand for aircraft seats.
In terms of global statistics, a report by the International Air Transport Association projected that the number of air travel passengers worldwide would double to 8.2 billion by 2037. This growth in global air travel is likely to drive demand in the Aircraft Seating Market.
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Due to movement restrictions and lockdowns due to the current COVID-19 pandemic, the growth of the Aircraft Seating industry is expected to be negatively affected. In addition to the impact of the COVID-19 pandemic on numerous global markets, the Aircraft Seating industry is expected to feel the effect as well. The slowdown in economic growth and dynamic changes in demand will further affect industry growth. The report covers the impact analysis of the COVID-19 pandemic on the overall Aircraft Seating industry.
Radical Highlights of the Aircraft Seating Market Report:
- Comprehensive overview of the Aircraft Seating market along with analysis of the changing dynamics of the market
- Growth Assessment of various market segments throughout the forecast period
- Regional and global analysis of the market players, including their market share and global position
- Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
- Impact of the technological developments and R&D advancements on the Aircraft Seating market
- Information about profit-making strategies and developmental strategies of major companies and manufacturers
- Insightful information for the new entrants willing to enter the market
- Details and insights about business expansion strategies, product launches, and other collaborations
- The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis
Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Aircraft Seating market expected to boost the growth of the industry in the coming years.
Aircraft Seating Market Segmentation:
-
Material and Component Outlook (Revenue, USD Billion; 2019-2032)
- Cushion and Filling Material
- Structural Material
- Upholsteries and Seat Cover
- Seat Actuators
- Others
-
Platform Outlook (Revenue, USD Billion; 2019-2032)
- Civil Aircraft
- Helicopters
- Urban Air Mobility (UAM)
-
Seating Type Outlook (Revenue, USD Billion; 2019-2032)
- 9G Seats
- 16G Seats
- 21G Seats
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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Aircraft Seating market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Companies Profiled in the Report are:
Safran, Airbus, Geven spa, Raytheon Technologies Corporation, JAMCO Corporation, RECARO Aircraft Seating GmbH & Co. KG, Swire Pacific Limited, FACC AG, AFI KLM E&M, and Lufthansa Technik
Regional Landscape section of the Aircraft Seating report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Additional information offered by the report:
- Along with a complete overview of the global Aircraft Seating market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
- The report elaborates on the global Aircraft Seating market size and share governed by the major geographies.
- It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
- It further presents a detailed description of the company profiles of the key market contenders.
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Highlights of Table of Contents (TOC):
- Overview of Global Aircraft Seating Market
- Competitive analysis of the Aircraft Seating market
- Regional analysis of Global Aircraft Seating market production and revenue
- Regional analysis of Global Aircraft Seating market supply, consumption, and export & import
- Type-based market analysis of global Aircraft Seating production, revenue, and price trends
- Application-based analysis of the global Aircraft Seating market
- Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Aircraft Seating market
- Conclusion of the research report
- Appendix
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