19-Mar-2020 | Facts and Factors
Findings from Facts and Factors report “Aircraft Seating Market By Aircraft Type (Wide Body Aircraft, Narrow Body Aircraft, Very Large Aircraft, Regional Transport Aircraft), By Seat Class (First Class, Business Class, Premium Economy, Economy), By Component (Seat Actuators, Foams & Fittings, Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global Aircraft Seating market in 2019 was approximately USD 5,000 Million. The market is expected to grow at a CAGR of 7.5% and is anticipated to reach around USD 3,600 Million by 2026.
Aircraft seats are an important part of aircraft interior and contribute largely to the overall passenger experience while traveling through aircraft. During the last few years’ companies have developed a large variety of aircraft seats. Depending upon the aircraft type, different types of seats are available in the market. Seats are often equipped with additional amenities. Aircraft seats usually offer a reclining mechanism to enhance passenger comfort, either reclining electrically or mechanically. Business-class airline seats and long-haul airline seats are equipped with electrically amendable lumbar support. Aircraft seats are intended to be lightweight but at the same time fire-resistant, strong and durable. Typical aircraft seat design includes an aluminum frame with polyurethane foam blocks attached to it. The manufacturing cost and final price of the product are determined by the material used and the reclining mechanism employed.
Browse the full “Aircraft Seating Market By Aircraft Type (Wide Body Aircraft, Narrow Body Aircraft, Very Large Aircraft, Regional Transport Aircraft), By Seat Class (First Class, Business Class, Premium Economy, Economy), By Component (Seat Actuators, Foams & Fittings, Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" https://www.fnfresearch.com/aircraft-seating-market-by-aircraft-type-wide-body-821
Significant investment by industry participants and increasing demand for the new aircraft across all the segments are identified as the key market drivers. Airline companies are increasingly adopting innovative and lightweight products to offer better passenger experience in a highly competitive marketplace. Additionally, the introduction of upgraded and lightweight raw materials is allowing major OEMs to design unique product offerings. Rising tourism activities across the globe are intended to boost the demand for additional aircraft with expanded seating capacity.
By aircraft type, the global aircraft seating industry is categorized as wide-body, regional transport, very large, and narrow-body aircraft. After the systematic analysis of these segments, wide-body aircraft is identified as the major segment with a revenue share of 35% in 2018. The segment was followed by regional transport aircraft and narrow-body aircraft. Wide-body aircraft are adopted by major airlines to increase efficiency by reducing the cost of fuel per seat.
Major segments identified by seat class include first class, business class, premium economy, and economy. The economy class segment accounted for a noticeable market share of 33% in 2018. The premium economy class segment is anticipated to register considerable CAGR during the forecast period. This class is mainly viewed as a class that bridges the gap between the first class and business class airline experience. It usually offers finer dining, wider seats, and additional legroom.
Major segments identified by components include seat actuators, foams & fittings, and other related components. Seat actuator segment is anticipated to register significant CAGR over the forecast period. Increasing the use of light-weight, economical, and comfortable foam material is the key trend in the market worldwide.
Key regional segments identified by geography include Europe, Middle East & Africa, Asia Pacific, North America, and Latin America. Among these geographical segments, the Europe region accounted for major market share in terms of revenue. The market was followed by North America and the Asia Pacific. The aviation industry in the region is experiencing strong government support for export sales and new product development. France is the leading country in the region followed by the U.K. and Germany. Emerging aircraft manufacturers and rapid development of the tourism industry in the Asia Pacific is estimated to drive the market demand during 2019-2026.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 3,600 Million |
Projected Market Size in 2026 |
USD 5,000 Million |
CAGR Growth Rate |
7.5% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Zodiac Aerospace, Recaro Aircraft Seating GmbH & Co., Geven S.P.A., Acro Aircraft Seating Ltd., B/E Aerospace Inc., Thompson Aero Seating Ltd., Zim Flugsitz GmbH, Stelia Aerospace, Haeco Americas, and Others |
Key Segment |
By Aircraft, Seat, Component, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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Some of the leading players in the global market include
Zodiac Aerospace, Recaro Aircraft Seating GmbH & Co., Geven S.P.A., Acro Aircraft Seating Ltd., B/E Aerospace Inc., Thompson Aero Seating Ltd., Zim Flugsitz GmbH, Stelia Aerospace, Haeco Americas, and other numerous players. Technical expertise and improved production capabilities are the key strategies of these companies.
This report segments the Aircraft Seating market 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 ComponentSegmentation Analysis
- Seat Actuators
- Foams & Fittings
- Others
- Economy
By Regional Segmentation Analysis
- North America
- 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
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