Sarasota, FL, Feb. 01, 2018 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Aircraft Seating Market by Aircraft Type (Wide Body Aircraft, Narrow Body Aircraft, Very Large Aircraft, and Regional Transport Aircraft), by Seat Class (First Class, Business Class, Premium Economy, and Economy), and by Component (Seat Actuators, Foams & Fittings, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2016 – 2022”. According to the report, the global aircraft seating market was valued at around USD 771.08 million in 2016 and is expected to reach approximately USD 1,195.06 million by 2022, growing at a CAGR of around 7.6% between 2017 and 2022.
Aircraft seat actuation systems are used to providing comfortable seating for the passengers in commercial and private aircrafts. These seat actuation systems are automated and have the ability to let the passengers adjust their seating position as per their comfort level. The increasing disposable income is creating a demand for air travel globally. This demand is in return creating a demand for commercial aircrafts. The seat actuation systems are one of the essential components of aircraft cabins. Growing popularity for seat actuators is expected to bolster the growth of aircraft seating market across the globe. For instance, aircraft seat actuators market accounted for USD 625.87 Million in 2016 which is expected to increase to USD 978.70 Million with a CAGR of 7.8%. The ergonomic seat designs also help the pilots to operate the aircraft efficiently. In addition, the ergonomic seat designs include a skull and lower back support. Furthermore, the rising demand for premium air travel is also creating a demand for advanced seat actuation systems.
Browse through 90 Tables & 29 Figures spread over 162 Pages and in-depth TOC on "Global Aircraft Seating Market Size & Share 2016: By Type, Manufacturers, Segments & Forecast, 2022”.
Request Free Sample copy of Global Aircraft Seating Market Report @ https://www.zionmarketresearch.com/sample/aircraft-seating-market
Increasing demand for aircraft interiors market is also an important factor fueling the aircraft seating market demand over the forecast period. While a higher number of aircraft leasing by major airline carriers, frequent refurbishment of aircraft interiors in order to keep the aircraft fleet appealing and increasing number of long flight travels prompting for the adoption of improved interior components are other drivers driving the growth of the market. The market is mainly driven by factors such as the increasing air traffic, aircraft deliveries, and up-gradation of aircraft programs. Bridging the gap between economy seating and business seating called the premium economy seating and implementation of in-flight entertainment systems in all classes of seating are major emerging trends observed in the aircraft seating market. Components that make up the aircraft cabin interior range from windows to seats, and are assembled in such as way within the aircraft fuselage that it can be fitted and withdrawn easily. In terms of value, the global aircraft cabin interior market is projected to ascend at a growth rate of 3.2% over the forecast period.
On the basis of aircraft type, the aircraft seating market is segmented as wide-body aircraft, narrow body aircraft, very large aircraft, and regional transport aircraft. Among which wide-body aircraft segment is expected accounted for the major revenue share in the aircraft seating market over the forecast period. Narrow body aircraft and regional transport aircraft segments are followed by the wide-body aircraft segment in terms of revenue share.
Browse the full " Aircraft Seating Market by Aircraft Type (Wide Body Aircraft, Narrow Body Aircraft, Very Large Aircraft, and Regional Transport Aircraft), by Seat Class (First Class, Business Class, Premium Economy, and Economy), and by Component (Seat Actuators, Foams & Fittings, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2016 – 2022" report at https://www.zionmarketresearch.com/report/aircraft-seating-market
Among the aircraft type segment, the wide-body aircraft segment is expected to dominate the global aircraft seating market with 33.86% value share by 2022. However, aircraft seating market for narrow-body aircraft segment is gaining more importance in the market and is expected to grow with a relatively higher CAGR by 2022 over 2017.
On the basis of seat class, aircraft seating is categorized into first class, business class, premium economy, and economy. Among the aforementioned segment, economy segment accounted for the relative revenue share in the aircraft seating market. The growth of business class segment is attributed to increasing working population and increasing per capita income.
Inquire more about this report before purchase @ https://www.zionmarketresearch.com/inquiry/aircraft-seating-market
On the basis of the component, aircraft seating is categorized into seat actuators, foams & fittings, and others. Among all component segmentation, others segment accounted for the largest market share, followed by foams & fittings sweetener. However, seat actuators segment is expected to expand at a substantial growth rate, owing to increasing demand for aircraft seating with advanced actuators.
By geography, the Aircraft seating market is mainly segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Among the aforementioned regions, Asia-Pacific is projected to be the fastest-growing regional market between 2017 and 2022. The emerging economies of the Asia-Pacific region are a major market for Aircraft seatings and are increasingly contributing to their demand, increasing demand for new aircraft and increasing air traffic in Asia Pacific region as well as increase in trade & tourism and increasing incomes of the middle class population in emerging economies, such as India and China etc.
Request customized copy of report @ https://www.zionmarketresearch.com/custom/673
Americas and the European aircraft seating market are expected to dominate the global market over the forecast period. Europe is well developed with strong penetration of aircraft seating market and is expected to be lucrative over the years, owing to dominance and high investment by the aircraft manufacturing companies around the globe.
The growth of the Aircraft seating market in North America is expected to remain stagnant over the forecast period, attributed to rising trend for technological innovations. This is anticipated to drive the need to invest a huge capital in its aviation sector. America is expected to be the second most attractive segment in the global aircraft seating market over the forecast period, attributed to the significant growth rate of the aircraft production over the forecast period. Countries in South America such as Brazil and Argentina and Canada heavily invest in the development of their aircraft industry.
Directly Purchase a copy of report with TOC @ https://www.zionmarketresearch.com/buynow/su/aircraft-seating-market
The value share for aircraft seating market in Latin America is expected to account for significantly low-value share along with relatively low growth rate over the forecast period. This is, attributed to the economic constraints in the development of aircraft manufacturing. However, the improvement in regional operations of air travel is expected to show the positive sign for the growth of the Latin America aircraft seating market. The aircraft seating market in Latin America is led by Brazil, attributed to an increasing air traffic, truism and trade in the country.
High investment for infrastructure development in GCC countries is expected to bolster the growth of aircraft seating market in the Middle East and Africa over the forecast period. Major airlines in the Middle East and Africa region are focusing on expanding their fleet of large body aircraft. This is, in turn, fueling the growth of aircraft seating market in the region.
Some of the key players operating in the market include Zodiac Aerospace, B/E Aerospace, Inc., RECARO Aircraft Seating GmbH & Co. KG, Geven S.p.A., Aviointeriors S.p.A., Acro Aircraft Seating Ltd., Thompson Aero Seating Ltd., HAECO Americas LLC, ZIM FLUGSITZ, STELIA Aerospace S.A.S., etc. The key players focus on boosting their distribution network all over the globe in order to meet growing demand.
For media inquiry contact our sales team @ sales@zionmarketresearch.com
This report segments the global aircraft seating market as follows:
Global Aircraft Seating Market: Aircraft Type Analysis
- Wide Body Aircraft
- Narrow Body Aircraft
- Very Large Aircraft
- Regional Transport Aircraft
Global Aircraft Seating Market: Seat Class Analysis
- First Class
- Business Class
- Premium Economy
- Economy
Global Aircraft Seating Market: Component Analysis
- Seat Actuators
- Foams & Fittings
- Others
Global Aircraft Seating Market: Regional Analysis
- North America
- U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- Middle East and Africa
Related Reports:
- Automobile Muffler Market: https://www.zionmarketresearch.com/report/automobile-muffler-market
- Luxury Cars Rental Market: https://www.zionmarketresearch.com/report/luxury-cars-rental-market
- Automotive Paints Market: https://www.zionmarketresearch.com/report/automotive-paints-market
- Automotive Heat Shield Market: https://www.zionmarketresearch.com/report/automotive-heat-shield-market
- Automotive Heads-up Display (HUD) Market: https://www.zionmarketresearch.com/report/automotive-heads-up-display-market
About Us:
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
Follow Us LinkedIn: https://www.linkedin.com/company/zion-market-research
Follow Us Twitter: https://twitter.com/zion_research