Global Aircraft Seating Market Scenario 2022-2030
The Global Aircraft Seating Market report presents comprehensive information covering insightful data for businesses and investors for the time period of 2020-2027. The report studies the historical data of the Aircraft Seating market and offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects. The report offers an accurate forecast estimation of the Aircraft Seating industry based on the recent technological and research advancements. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Aircraft Seating market.
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.
The study on the Global Aircraft Seating Market is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties. The Aircraft Seating market has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic. The report provides a detailed outlook on how the pandemic has affected the key segments of the Aircraft Seating industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Aircraft Seating industry.
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The Global Aircraft Seating Market report provides full coverage of the companies’ data, including details about their production and manufacturing capacity, product portfolio, business overview, revenue, gross profit margins, sales network and distribution channel, financial standing, and market position. The report also studies business strategies and strategic alliances undertaken by companies to gain a robust footing in the market. The report sheds light on the mergers and acquisitions, collaborations, joint ventures, brand promotions and product launches, agreements and partnerships, and corporate and government deals. The comprehensive analysis of the competitive landscape offers the readers a deeper understanding about the competitors.
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The report further offers a complete value chain analysis along with an analysis of the downstream buyers and upstream raw materials. The study focuses on global trends, regulatory frameworks, and macro- and micro-economic factors. The report also provides an extensive analysis of the segment and sub-segmented expected to dominate the market over the projected period. The report offers a forecast estimation of the market with regards to the analysis of the market segmentation, including product type, end-user industries, application spectrum, and other segments.
Top competitors of the Aircraft Seating Market profiled in the report include:
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
Product Type Segmentation & Application Segmentation:
Material and Component Outlook (Revenue, USD Billion; 2019-2032)
- Cushion and Filling Material
- Structural Material
- Upholsteries and Seat Cover
- Seat Actuators
Platform Outlook (Revenue, USD Billion; 2019-2032)
- Civil Aircraft
- Urban Air Mobility (UAM)
Seating Type Outlook (Revenue, USD Billion; 2019-2032)
- 9G Seats
- 16G Seats
- 21G Seats
Regional Analysis of the Aircraft Seating Market:
- 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)
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The research report on the Aircraft Seating market is formulated through extensive primary and secondary research along with qualitative and quantitative analysis of vital aspects of the market. The insightful data is further validated and verified by the industry professionals. The report strives to offer deeper insights into the overall market scenario of the Aircraft Seating business sphere.
Key Objectives of the Report:
- Analysis and estimation of the Aircraft Seating market size and share for the projected period of 2020-2027
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Aircraft Seating market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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