Dallas, TX -- (ReleaseWire) -- 06/16/2014 -- Despite the economic slow down in the U.S. and Europe, major players in the commercial aircraft cabin interior market are from the U.S. and Europe. Europe has mainly been affected by the global financial crisis, due to which the European manufacturing sector has been strongly affected. This region, is however, expected to reach $17194.9 million by 2019.
According to a new market research report "Commercial Aircraft Cabin Interior Market by Aircraft Type (Narrow Body Aircraft, Wide Body Aircraft, Very Large Aircraft , Business General Aviation), Product (Seat, Light, IFEC, Windows & Windshield, Galley & Monument , Lavatory), Fit (Linefit, Retrofit), & Geography ( North America, Asia-Pacific, Europe, The Middle East, Latin America, Africa, Row) - Forecast & Analysis to 2014 - 2019", published by MarketsandMarkets, the total Commercial Aircraft Cabin Interior Market is expected to reach $17,194.9 Million in 2019.
Browse 70 Market Data Tables and 25 Figures spread through 180 Pages and in-depth TOC on "Commercial Aircraft Cabin Interior Market".
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By product, the cabin interior market includes passenger seats, cabin lights, IFECs (In Flight Entertainment and Communication), windows and windshields, galleys, monuments, and lavatories. The market for passenger seats is expected to grow at a CAGR of 5.71% while the IFEC market is expected to grow at a CAGR of 6.67% during the forecast period 2014 to 2019
Globally, air traffic is increasing; hence, passenger comfort occupies the highest priority for airlines. Due to this, aircraft manufacturers are focused on customization of cabin interiors to provide passenger comfort. Most commercial aircraft cabin interior competitors are from the U.S. and Europe, who are generating new technology trends and market trends for this particular industry.
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According to Shreeja Bakare, research associate, Aerospace and Defense business unit at MarketsandMarkets, globally, in the Commercial Aircraft Cabin Interior Market, the largest share is held by North America. Asia-Pacific, the Middle East and Latin America are expected to be the fastest growing regions in the Commercial Aircraft Cabin Interior Market, mainly, due to the increasing number of aircrafts orders and increasing air travel in this region.
Driving factors such as increase in the demand for cabin customization with respect to passenger comfort and increasing passenger growth rate are boosting the Commercial Aircraft Cabin Interior Market worldwide. Growth in this market will continue to depend largely on passenger travel as increase in passenger number will increase the number of aircrafts and cabin seats in the commercial aircraft. The cabin seats market size is estimated to be the highest in the forecast period 2014 to 2019 compared to other cabin interior products.
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The Commercial Aircraft Cabin Interior Market includes several products, which are categorized such as passenger seats, cabin lights, cabin windows and windshields, IFECs (In Flight Entertainment and Communication Systems), galleys, monuments, and lavatories.
The global market for commercial cabin interior market is estimated at $12,852.96 Million in 2014, and expected to reach $17,194.9 Million in 2019. The major challenges for this particular industry will be to control emissions from aircraft, poor quality of equipment, and increase in fuel prices.
The analysis includes segmentation by fit, product, aircraft and geography across regions such as North America, Europe, the Middle East, Asia-Pacific, and Latin America.
The competitive analysis includes market share of companies in The Commercial Aircraft Cabin Interior Market. The impact of drivers and restraints are analyzed and their impact on The Commercial Aircraft Cabin Interior Market throughout the study period is given to provide an in-depth insight of the market. Technology and industry trends are also discussed, which will provide the latest information related to advanced technology and joint ventures amongst commercial aircraft cabin interior providers.
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