Title: Aircraft Seat Actuation System Market to Reach $1174 Million by 2030
1Aircraft 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
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