Persistence Market Research

Aircraft Seating Market to Reflect Impressive Growth Rate During 2016-2026: Persistence Market Research

Aircraft seats manufacturers primarily focus on retaining customers & sustaining the brand image – both these goals can be achieved to some extent by offering comfortable aircraft seating to passengers.

 

New York, NY -- (SBWIRE) -- 02/24/2017 -- Aircraft seats have experienced a major transformation in terms of function, design, and manufacturing. Modern aircraft seating designs mainly focus on proper seating posture and comfort and are provided with different adjustable headrests. Latest designs in aircraft seating accommodate electronic systems such as in-flight entertainment systems. Different configurations of seating layouts are opted, depending on the type of aircraft, such as wide body aircrafts, narrow body aircrafts, very large aircrafts, and regional transport aircrafts. Additionally, depending upon the seat class, aircraft seating is divided as first class, business class, premium economy class, and economy class. The global aircraft seating market is estimated to be primarily driven by factors such as growth in the demand for new aircrafts, increasing modernization of aircraft seating, improvisation of aircraft programs and rise in air traffic. Additionally, the influence of low cost carriers and development of new aircraft models is forecasted to propel growth of the global aircraft seating market.

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Aircraft seats manufacturers primarily focus on retaining customers & sustaining the brand image – both these goals can be achieved to some extent by offering comfortable aircraft seating to passengers. Consequently, this has encouraged regular maintenance of aircraft seats, either by refurbishment or replacement, which in turn has contributed largely to the growth of the global aircraft seating market over the forecast period. Furthermore, manufacturers are focusing on weight reduction of aircraft seats to increase fuel efficiency; thus, the introduction and adoption of advanced and lightweight seats is a trend estimated to gain traction over the forecast period.

Global Aircraft Seating Market Dynamics:

Drivers:

Increasing popularity of air travel and the booming aircraft industry are the primary factors which drive the aircraft seating market. To reduce operating costs, improvisation of aircraft programs is estimated to be the key growth driver in the global aircraft seating market.

In the global aircraft seating market, the demand for aircraft seats in the retrofit market is estimated to offer significant growth opportunity over the forecast period.

Restraints:

Long clearance period and high investments are the two major restrains in the global aircraft seating market. Also, delay in aircraft deliveries has manifested as a major challenge for the market.

Global Aircraft Seating Market Segmentation:

The global aircraft seating market is segmented on the basis of seat class as follows: first class, business class, premium economy class, and economy class.

The global aircraft seating market is categorized on the basis of seating fit as: line fit and retrofit. Where the retrofit segment is estimated to grow at a significant rate in terms of value over the forecast period, owing to increasing MRO services and aftermarket demand for aircraft seating.

The global aircraft seating market is categorized by aircraft type as follows: narrow body aircraft, regional transport aircraft, wide body aircraft, and very large aircraft

Global Aircraft Seating Market: Regional Outlook

Middle East & Africa, Latin America and Japan, are estimated to register steady growth over the forecast period. The Asia Pacific aircraft seating market is expected to grow at significant rate over the forecast period. The key countries driving this growth in the Asia-Pacific region are China, Japan and India. Demand for the aircraft seating market in these countries is an outcome of mass increase in airline travel and growth of the aircraft industry. Europe and North America are projected to remain as dominant markets over the forecast period

Global Aircraft Seating Market Players:

Examples of some market participants in the global aircraft seating market identified across the value chain include:

-B/E Aerospace, Inc.
-STELIA Aerospace
-RECARO Aircraft Seating GmbH & Co. KG
-ZIM FLUGSITZ GmbH
-Zodiac Aerospace
-Geven S.p.A
-Haeco Americas
-Aviointeriors S.p.A.
-Thompson Aero Seating Ltd.
-Acro Aircraft Seating Ltd.

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Regional analysis includes:

-North America (U.S., Canada)
-Latin America (Mexico. Brazil)
-Western Europe (Germany, Italy, France, U.K, Spain)
-Eastern Europe (Poland, Russia)
-Asia Pacific (China, India, ASEAN, Australia & New Zealand)
-Japan
-Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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-Strategies of key players and products offered
-Potential and niche segments, geographical regions exhibiting promising growth
-A neutral perspective on market performance
-Must-have information for market players to sustain and enhance their market footprint

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