Aircraft Seating Market Report 2021 to 2030 Globally Exploring Sales Volume Revenue and Price by Types

Global Aircraft Seating Market is valued approximately USD 6.5 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 7.25% over the forecast period 2019-2026.  An airline seat is the seat on airlines that is accommodated for the passengers during the journey. These seats get more critical with longer flights as uncomfortable seats can be unbearable on a long duration journey. Thus, travelers are getting increasingly aware of the specific model of seating for the journey experience.  Increasing demand for seats installed with IFEC (In-Flight Entertainment and Connectivity) systems, growing number of premium economy seats and increasing air travelers are key driving forces of the market growth.

Growth in the aviation industry owing to increasing number of air travelers further supports the market growth. According to Airport Council International report 2017, the number of passengers increased to 7.7 billion in year 2016 globally. Representing increase of about 6.4% growth from the year 2015. Further, growth of Low-Cost Airlines is anticipated to create significant growth opportunity in the market over the forecast period. However, regulatory frameworks and certifications impedes the growth of the market over the forecast period of 2019-2026.   

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In the statistics by Eurostat, the total value of the ICT sector including manufacturing and services of ICT in Europe, was estimated to be more than EUR 475 billion in the year 2017. Out of these, the ICT services sector accounted for the largest share. Moreover, the ICT services sector is predicted to be ten times larger than that of ICT manufacturing. On the other hand, the ICT services consist of computer programming, consultancy and related activities, along with telecommunication activities, out of which the former held about 49.1% share while the latter held around 30.3% share in the year 2017. These factors are estimated to impact positively towards the growth of the market in the next few years. According to the statistics by GSMA Intelligence, total cellular connections worldwide as of May 2020 was recorded to 10,18 billion.

As per the Eurostat, the total value of the ICT sector in Europe, including the ICT manufacturing and ICT services, was estimated to be more than EUR 475 billion in 2017. In this sector, the ICT services account for the major share as it is predicted to be ten times larger than the share held by ICT manufacturing. ICT services consist of computer programming, consultancy and related activities which held about 49.1% share while the telecommunications activities held around 30.3% share in the segment in 2017. These factors are estimated to impact the market growth in a positive manner in the next few years.

The regional analysis of global Aircraft Seating market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the presence of major aircraft manufacturers coupled with growth in aviation industry. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as rising disposable income, increasing number of air traffic passengers coupled with new airlines being launched would create lucrative growth prospects for the Aircraft Seating market across Asia-Pacific region.

 Market player included in this report are::
*
Zodiac Aerospace (Safran)
Collins Aerospace
Geven
 RECARO Aircraft Seating
 Jamco
 HAECO
 Lufthansa Technik
 Stelia Aerospace
 Zim Flugsitz
 Acro Aircraft Seating

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By End Use:
 OEM
 Aftermarket
 MRO     
By Type:
 16g
 9g
By Aircraft Type:
  Narrow Body Aircraft
 Wide Body Aircraft
 Very Large Aircraft
 Regional Transport Aircraft
 Business Jets
By Class:
  Business Class
 Economy Class
 Premium Economy Class
 First Class

By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

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Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026

Target Audience of the Global Aircraft Seating Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

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Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2017-2026 (USD Billion)
1.2.1. Aircraft Seating Market, by Region, 2017-2026 (USD Billion)
1.2.2. Aircraft Seating Market, by Class, 2017-2026 (USD Billion)
1.2.3. Aircraft Seating Market, by Aircraft Type, 2017-2026 (USD Billion)
1.2.4. Aircraft Seating Market, by End Use, 2017-2026 (USD Billion)
1.2.5. Aircraft Seating Market, by Type, 2017-2026 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Aircraft Seating Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Aircraft Seating Market Dynamics
3.1. Aircraft Seating Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Aircraft Seating Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Aircraft Seating Market, by Class
5.1. Market Snapshot
5.2. Global Aircraft Seating Market by Class, Performance – Potential Analysis
5.3. Global Aircraft Seating Market Estimates & Forecasts by Class 2016-2026 (USD Billion)
5.4. Aircraft Seating Market, Sub Segment Analysis
5.4.1. Business Class
5.4.2. Economy Class
5.4.3. Premium Economy Class
5.4.4. First Class

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