Aircraft Seat Actuation System Market to Reach $1174 Million by 2030 - PowerPoint PPT Presentation

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Aircraft Seat Actuation System Market to Reach $1174 Million by 2030

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The Global Aircraft Seat Actuation System Market, valued at USD 496 million in 2020, is set to soar to USD 1174 million by 2030, exhibiting a robust CAGR of 9.0%. – PowerPoint PPT presentation

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Title: Aircraft Seat Actuation System Market to Reach $1174 Million by 2030


1
Aircraft Seat Actuation System Market to Reach
1174 Million by 2030
The Global Aircraft Seat Actuation System Market,
valued at USD 496 million in 2020, is set to soar
to USD 1174 million by 2030, exhibiting a robust
CAGR of 9.0. This growth is driven by increasing
demand for premium economy seats and the ongoing
maintenance and retrofitting of existing
aircraft. Key Market Players Major companies in
the market include
Corporation
  • Astronics (US)
  • ITT Inc. (US)
  • Crane Co. (US)
  • Collins Aerospace (US)
  • Bühler Motor GmbH (Germany)
  • These players have a widespread presence across
    North America, Europe, Asia Pacific, the Middle
  • East, Africa, and Latin America, positioning them
    well to capitalize on the market's growth
    potential.
  • Download PDF Brochure _at_
  • https//www.marketsandmarkets.com/pdfdownloadNew.a
    sp?id43853437
  • Market Segmentation and Growth Drivers
  • Types of Actuation Systems
  • Electromechanical Dominating the market by
    value, electromechanical systems are favored for
    their dual capability in both linear and rotary
    mechanisms.
  • Pneumatic and Hydraulic These segments continue
    to hold significant market shares, catering to
    specific aircraft requirements and
    preferences.
  • End Users
  • OEM (Original Equipment Manufacturers) Expected
    to witness the highest CAGR, driven by the demand
    for customized aircraft and the complexity of
    retrofitting existing fleets.
  • Aftermarket While crucial for ongoing
    aircraft maintenance, this segment grows at a
    steady pace compared to OEM.
  • Aircraft Types
  • Fixed Wing Growth here is propelled by
    increasing air passenger traffic and the
    replacement of aging aircraft.

2
  • Rotary Wing Includes helicopters, with
    significant investments from countries like the
    US, France, and Russia. The segment benefits from
    government budgets aimed at VIP/VVIP transport.
  • Seat Classes
  • First Class High demand due to luxury features
    like reclining seats, extensive legroom, and
    integrated entertainment systems.
  • Economy Class Driven by the rise of Low-Cost
    Carriers (LCCs) offering
  • affordable air travel.
  • Components
  • Passenger Control Units Projected to grow
    rapidly due to the necessity of retrofitting
    these units in existing aircraft.
  • Regional Insights
  • North America Expected to contribute the largest
    share, bolstered by the presence of leading
    aircraft manufacturers (Boeing, Bombardier) and
    major airlines (American Airlines, Delta,
    United). The region's focus on
    technologically advanced seating systems offers
    substantial opportunities for market growth.
  • Ask for Sample Report _at_
  • https//www.marketsandmarkets.com/requestsampleNew
    .asp?id43853437
  • About MarketsandMarkets
  • MarketsandMarkets has been recognized as one of
    Americas best management consulting firms by
    Forbes, as per their recent report.
  • MarketsandMarkets is a blue ocean alternative in
    growth consulting and program management,
    leveraging a man-machine offering to drive
    supernormal growth for progressive organizations
    in the B2B space. We have the widest lens on
    emerging technologies, making us proficient in
    co-creating supernormal growth for clients.

3
To find out more, visit www.MarketsandMarkets.com
or follow us on Twitter, LinkedIn and
Facebook. Contact Mr. Aashish Mehra
MarketsandMarkets INC. 630 Dundee Road Suite
430 Northbrook, IL 60062 USA 1-888-600-6441 Emai
l sales_at_marketsandmarkets.com
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