Aircraft Seat Actuation System Market Growing at the Fastest Rate in APAC and NA

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Aircraft Seat Actuation System Market
Growing at the Fastest Rate in APAC and North
America Region The report "Aircraft Seat
Actuation System Market by Type
(Electromechanical, Pneumatic, Hydraulic), End
User (OEM, Aftermarket), Aircraft Type, Seat
Class, Component, and Region - Global Forecast
to 2025", size is projected to grow from USD 496
million in 2020 to
763 million by at a CAGR of from 2020 to
The market is
USD 2025, 9.0 2025. driven
by various
factors, such as increase in demand for
premium economy seats and maintenance
retrofitting of existing aircraft. Browse 223
market data Tables and 47 Figures spread through
238 Pages and in- depth TOC on "Aircraft Seat
Actuation System Market - Global Forecast to
2025" Download PDF Brochure _at_ https//www.marketsa
ndmarkets.com/pdfdownloadNew.asp?id43853437 Key
Market Players The aircraft seat actuation
system market includes major players
Astronics Corporation (US), ITT Inc. (US), Crane
Co. (US), Collins Aerospace (US), and Bühler
Motor GmbH (Germany). These players have spread
their business across various countries includes
North America, Europe, Asia Pacific, Middle East,
Africa, and Latin America. COVID-19 has impacted
their businesses as well. Industry experts
believe that COVID-19 could affect aircraft seat
actuation system production and services by 710
globally in 2020. Growing air passenger traffic
and replacement of aging aircraft is driving the
growth of fixed wing aircraft The
electromechanical segment is expected to be the
largest market by value. The growth of the
electromechanical segment of the aircraft seat
actuation system market can be attributed to the
application of electromechanical actuation system
for both linear and rotary mechanism.
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The OEM segment is projected to witness a higher
CAGR during the forecast period Based on end
user, the OEMsegment is projected to be the
highest CAGR rate for the aircraft seat actuation
system market during the forecast period. The
growth of the OEM segment of the aircraft seat
actuation system market can be attributed to the
increased demand for customized aircraft that are
fitted with various components as retrofitting
existing aircraft is a cumbersome process for
airlines. The rotary wing segment is
projected to witness a higher CAGR during
the forecast period Based on the aircraft type,
the rotary wing segment is projected to be the
highest CAGR rate for the aircraft seat actuation
system market during the forecast period. The
rotary wing segment includes only helicopters.
Over the past few years, countries such as the
US, France, Russia, and Italy have made
considerable investments in the commercial
sector. Russian helicopters have been focusing to
promote its chopper Ansat for the civilian market
in India. In addition, the increase in government
budgets for VIP/VVIP transport has enabled
the procurement of new aircraft, including
helicopters, which is expected to drive the
rotary wing segment. The first class and economy
class segments are projected to witness the
highest CAGR during the forecast period Based on
the seat class, the first class and economy class
segments are projected to grow at the highest
CAGR rate for the aircraft seat actuation system
market during the forecast period. First class
seats are one of the most expensive classes among
all the classes of seats that airlines provide.
The first class includes large reclining seats
with more legroom and width than other classes to
suites with a fully reclining seat, workstation,
and an entertainment system surrounded by privacy
dividers. Hence, increasing demand of IFEC
systems drives this segment. High demand for
economy class seats is witnessed with the growth
of LCC aircraft. LCCs provide air travel at a
minimum cost, as they do not have meal services
included in the ticket price The passenger
control unit segment is projected to witness the
highest CAGR during the forecast period Based on
component, the passenger control unit segment are
projected to grow at the highest CAGR rate for
the aircraft seat actuation system market during
the forecast period. The growth of the passenger
control unit segment of the aircraft seat
actuation system market can be attributed to the
retrofitting of existing aircraft. The North
America market is projected to contribute the
largest share from 2020 to 2025
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North America is projected to be the largest
regional share for the aircraft seat
actuation system market during the forecast
period. The key factor responsible for North
America, leading the aircraft seat actuation
system market owing to the rapid growth of the
technologically advanced seating system in the
region. The increasing use of technology in
aircraft presents several opportunities for
aircraft seating technology manufacturers. Ask
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