Selbyville, Delaware, July 12, 2019 (GLOBE NEWSWIRE) --
North America aircraft seating market accounts for a significant industry volume share in the forecast period. The dominance can be attributed to the presence of major aircraft manufacturers across the region. Manufacturers are increasing aircraft production along with opening of new production facilities for catering to the increasing aircraft demand.
Increasing aircraft deliveries owing to rising air passenger traffic across the globe coupled with growing business travel activities are driving the aircraft seating market demand. The airlines are demanding advanced seating solutions with optimum usage of space, cost effective maintenance, along with highly durable and flexible design. Additionally, the proliferation of low-cost carriers is enabling aircraft manufacturers to optimize their plane design for incorporating maximum seats for accommodating higher passengers to improve operational efficiency.
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Prominent participants in aircraft seating market includes Lufthansa Technik, Mirus Aircraft Seating, Stelia Aerospace, Recaro Aircraft Seating, Geven, JAMCO, Safran, and Collins Aerospace. Industry players are engaged in strategic contracts with airlines and aircraft manufacturers to enhance their market share.
Airline operators are focusing towards maintaining passenger retention and enhance brand image to increase profit margins. Passengers are expecting enhanced comfort while travelling that generates the requirement for periodic refurbishment of aircraft seats. The airlines are adopting new seating products with wider pitch, increased legroom, and higher safety that enhances customer travelling experience over longer journey routes. These factors will further boost the aircraft seating market penetration over the forecast timeframe.
Aircraft manufacturers are focusing on introducing advanced and lower weight aircrafts for improving fuel economy and produce lower carbon emissions. Industry players are continuously investing in R&D for developing advanced and light weight seating products to support the development of efficient aircrafts. Moreover, manufacturers are also focusing on introducing advanced seats with a focus on reducing the problems associated with Deep Vein Thrombosis (DVT) owing to the lack of appropriate comfort.
Browse key industry insights spread across 300 pages with 451 market data tables & 10 figures & charts from the report, “Aircraft Seating Market Size, By Platform (Fixed Wing [Narrow Body, Widebody, Regional Jets, Business Jets, Fighter Jets], Rotary Wing [Civil Helicopters, Military Helicopters]), By Class (First Class, Business Class, Premium Economy Class, Economy Class), By Fit (Line Fit, Retrofit) Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, Russia, Netherlands, China, Japan, India, South Korea, Brazil, Mexico, Colombia, Chile, Turkey, Saudi Arabia, UAE, Israel), Application Potential, Price Trend, Competitive Market Share & Forecast, 2019 – 2025” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/aircraft-seating-market
Narrow body aircraft will account for a maximum aircraft seating market revenue share over the projected timeframe. This share can be attributed to the rising adoption of these aircrafts offering expanded network of routes at lower cost fares. Additionally, the aircrafts offer superior fuel economy and significantly higher operational efficiency, thereby boosting the segment share. The usage of lower weight materials for flight manufacturing along with improved aerodynamics and efficient engines contributes significantly towards improving fuel efficiency.
Business class will showcase considerable growth in the aircraft seating market over the study timeframe. This can be credited to the growing business travels and emergence of high net worth individuals across the globe. The airlines are developing new business class concepts that offers enhanced privacy and comfort. Additionally, airlines are continuously investing for improving its business class cabins for catering to a wide customer base.
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