Aircraft Seating Market Size, Share Global Analysis Report, 2020–2026

Industry Insights

[180+ Pages Report] According to the report published by Facts Factors, the global aircraft seating market size was worth around USD 5,000 million in 2019 and is predicted to grow to around USD 3,600 million by 2026 with a compound annual growth rate (CAGR) of roughly 7.5% between 2020 and 2026. The report analyzes the global aircraft seating market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the aircraft seating market.

This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the Aircraft Seating industry. The report analyzes and declares the historical and current trends analysis of the Aircraft Seating industry and subsequently recommends the projected trends anticipated to be observed in the Aircraft Seating market during the upcoming years.

The Aircraft Seating market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire Aircraft Seating market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Million) from FY 2016 – 2026.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Aircraft Seating industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Key Insights from Primary Research

• As per the finding through primary interviews with industry experts, the market for aircraft seating is developing owing to expanding manufacturing of aircraft
• The growing number of air travelers across the nations is anticipated as a key market driver
• The majority of the primary respondents rate high demand for lightweight seating system as a major market opportunity
• Innovation in raw materials and investment in an efficient supply chain is the key business strategies
• Evolving technology and the development of advanced manufacturing techniques are playing a crucial role in the industry development

Key Recommendations from Analysts

• As per our research analyst, the market is highly concentrated with numerous middle-scale and large-scale manufacturers
• Strong industry base and raw material availability in the region are driving the growth of the Europe market
• Increasing preference for premium economy class seats is estimated to offer considerable market opportunities
• Privatization of airlines and strategic business partnerships are driving industry growth in developing countries
• Design innovation and changing preferences for raw materials are the key industry trends globally

Market Snapshot

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the Aircraft Seating industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the Aircraft Seating market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Aircraft Seating industry. The Aircraft Seating market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market positions in the Aircraft Seating sector. Key strategic developments in the Aircraft Seating market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the Aircraft Seating market are appropriately highlighted in the report.

The growing demand for additional aircraft from regional airline operators in the Asia-Pacific region and other developing countries is anticipated as a key factor for the market growth. The rise in air travel due to rising affordability is ensuring the high demand for new aircraft, in turn influencing the market growth positively.

Privatization of airports is playing a major role in the rising demand for a commercial fleet. Moreover, the growing number of air travelers in Asian and European countries is anticipated to offer significant opportunities in the near future. Alliances and partnerships in the Latin American aviation industry are anticipated to create market opportunities despite a slanting economic recovery and political uncertainty in the region.

The Aircraft Seating market research report delivers an acute valuation and taxonomy of the Aircraft Seating industry by practically splitting the market on the basis of different aircraft types, seat classes, components, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.

Report Scope

The regional segmentation of the Aircraft Seating industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the Aircraft Seating industry is provided for the leading economies of the world.

By aircraft type, the global aircraft seating industry is categorized as wide-body, regional transport, very large, and narrow-body aircraft. By seat class, the global aircraft seating industry is categorized as first class, business class, premium economy, and economy. By components, the global aircraft seating industry is categorized as seat actuators, foams & fittings, and other related components.

Some important players operating in the Aircraft Seating market include

•  Zodiac Aerospace
•  B/E Aerospace Inc.
•  Recaro Aircraft Seating GmbH & Co.
•  Geven S.P.A.
•  Acro Aircraft Seating Ltd.
•  Thompson Aero Seating Ltd.
•  Haeco Americas
•  Zim Flugsitz GmbH
•  Stelia Aerospace

The taxonomy of the Aircraft Seating industry by its scope and segmentation is as follows:

By Aircraft Type Segmentation Analysis

• Wide Body Aircraft
• Narrow Body Aircraft
• Very Large Aircraft
• Regional Transport Aircraft

By Seat Class Segmentation Analysis

• First Class
• Business Class
• Premium Economy
• Economy

By Component Segmentation Analysis

• Seat Actuators
• Foams & Fittings
• Others
• Economy

By Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
• Rest of Middle East & Africa