Title: Business Opportunities and Growth Analysis for Global Aircraft Seating Market
1Business Opportunities and Growth Analysis for
Global Aircraft Seating Market
- According to the new market research report
"Aircraft Seating Market by Class (Business,
First, Premium Economy, and Economy), Type (9g
and 16g), End Use (OEM, Aftermarket, and MRO), - Aircraft Type (NBA, WBA, VLA, RTA and Business
Jets), Materials, Components, and Region -
Global Forecast to 2025", The aircraft seating
market is projected to grow from USD 6.4
billion in 2018 to USD - billion by 2025, at a CAGR of 7.25 from 2018 to
2025. - Browse 103 market data Tables and 34 Figures
spread through 168 Pages and in-depth TOC on
"Aircraft Seating Market - Global
Forecast to 2025" - View detailed Table of Content _at_
- https//www.marketsandmarkets.com/Market-Reports/c
ommercial-aviation-aircraft- seating-market-906.h
tml - Premium economy class segment projected to grow
at highest CAGR from 2018 to 2025. - Premium economy segment of the aircraft seating
market is projected to grow at the highest CAGR
during the forecast period. The growth of this
segment can be attributed to the increasing
demand for premium economy seats by travelers
owing to the cheaper ticket value in comparison
to business class seats. Emirates has announced a
new premium class to be rolled out by 2020. On
the other hand, Singapore Airlines will be
cutting the number of first-class seats on its
next A380s, while the German airline Lufthansa
will do away with the first-class cabin
completely in its new Boeing 777-9s, leaving
business as the highest class on select flights.
These changes reflect a shift in trends that
place businesses the new first class, and premium
economy as the new business class. - 2018 Airline Seating Trends
- Delta Airlines
- In January 2018, Delta Air Lines (US) airline
improved its premium economy seating (called
Premium Select) to compete with international
airlines. The airline provides premium economy
class seats with extra legroom on most domestic
airlines.
2- United Airlines
- In August 2018, United Airlines (US) announced a
plan to begin charging an extra fee to
passengers reserving economy seats near the front
of the plane. This new policy enables passengers
to pay more for basic seats that offer the
convenience of being closer to the front of the
plane. - Narrow body aircraft segment projected to grow at
highest CAGR from 2018 to 2025. - The narrow body aircraft segment is projected to
grow at the highest CAGR during the forecast
period. This segments growth can be attributed
to an increasing demand for narrow body aircraft
from low-cost carriers in emerging economies.
Low-cost airliners tend to procure narrow-body
aircraft, owing to their need for short distance
travel and the aircrafts easy maintenance. This
has increased the demand for narrow-body
aircraft, directly affecting the aircraft
seating market. Over 11,000 single-aisle aircraft
deliveries were scheduled for the Asia Pacific
region in 2017. - Increase in Narrow body aircraft deliveries from
2016-2025 - Asia Pacific aircraft seating market projected to
grow at highest CAGR from 2018 to 2025. - The Asia Pacific aircraft seating market is
projected to grow at the highest CAGR during - the forecast period. The market growth in this
region is largely due to increase in air
passenger traffic from countries such as India,
China, Japan, and Indonesia. The region has been
witnessing growth in domestic travel since the
last decade, which has led an increase in
aircraft deliveries mostly for low-cost
carriers. Emerging markets require new aircraft
to meet the fast-growing traffic demand. Hence,
new airlines are being launched in - emerging economies, such as India and China,
where passenger traffic has been increasing at
an above average growth rate. - Study Coverage
- This report segments the aircraft seating market
based on class, type, aircraft type, end use,
and region. Based on class, the market has been
segmented into economy class, premium economy
class, business class, and first class. Based on
aircraft type, the market has been segmented
into narrow body aircraft, wide body aircraft,
very large aircraft, regional transport
aircraft, and business jets. Based on end use,
the market has been segmented into OEM,
aftermarket, and MRO. Based on type, the market
has
3been segmented into 9g and 16g seats. Market for
16g seats is estimated to grow at 11 CAGR
during forecast period. Competitive Landscape The
competitive landscape chapter provides an
overview of the prevailing competitive scenario
and benchmarking of growth strategies adopted by
of key players. This chapter offers a
comprehensive micro quadrant analysis of more
than 30 players in seat manufacturing industry
and start-up matrix for start-up companies in
this industry. It provides the positioning of
players as visionary leaders, innovators,
emerging companies, and dynamic
differentiators. Ask for Sample Report _at_
https//www.marketsandmarkets.com/requestsampleNew
.asp?id906 Key Market Players Major players
operating in the aircraft seating market include
Zodiac Aerospace-Safran (France), B/E
Aerospace-Rockwell Collins, Inc. (US), Geven
S.p.A. (Italy), RECARO Aircraft Seating
(Germany), HAECO Americas (US), Lufthansa Technik
(Germany), and Stelia Aerospace (France). These
players offer different products used in aircraft
seating, from economy class to first class. They
also have well-equipped manufacturing facilities
and strong distribution networks across the North
American, European, and Asia Pacific
regions. Dont miss out on business opportunities
in Aircraft Seating Market. Speak to our analyst
and gain crucial industry insights that will help
your business grow. About MarketsandMarkets Mar
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