According to Markntel Advisors Report, Aircraft Seating Market is expected to grow at a significant growth rate, and the analysis period is 2025-2030, considering the base year as 2024.Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
Global Aircraft Seating Market Research Report & Summary:
The Global Aircraft Seating Market size is valued at USD 7.62 billion in 2023 & is estimated to grow at a CAGR of around 7.14% during the forecast period, i.e., 2024-30.
Time Period Captured in the Report:
· Historical Years: 2020-2023
· Base Years: 2024
· Forecast Years: 2025-2030
Who are the Key Players Operating in the Aircraft Seating Market?
The top companies of the Aircraft Seating Market ruling the industry are:
Zodiac Aerospace (Safran), Collins Aerospace, Geven, RECARO Aircraft Seating, Jamco, HAECO, Lufthansa Technik, Stelia Aerospace, Zim Flugsitz, Acro Aircraft Seating, and Others
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What is Included in Aircraft Seating Market Segmentation?
The Aircraft Seating Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:
-By Class
-First Class - Market Size & Forecast 2019-2030, USD Million
-First Class Seat Components
-Structures
-Foams
-Actuators
-Electrical Fittings
-First Class Seat Materials
-Cushion Filling Materials
-Structure Materials
-Upholsteries & Seat Covers
-Business Class- Market Size & Forecast 2019-2030, USD Million
-Business Class Seat Components
-Structures
-Foams
-Actuators
-Electrical Fittings
-Business Class Seat Materials
-Cushion Filling Materials
-Structure Materials
-Upholsteries & Seat Covers
-Premium Economy Class- Market Size & Forecast 2019-2030, USD Million
-Premium Economy Class Seat Components
-Structures
-Foams
-Actuators
-Electrical Fittings
-Premium Economy Class Seat Materials
-Cushion Filling Materials
-Structure Materials
-Upholsteries & Seat Covers
-Economy Class- Market Size & Forecast 2019-2030, USD Million
-Economy Class Seat Components
-Structures
-Foams
-Actuators
-Electrical Fittings
-Economy Class Seat Materials
-Cushion Filling Materials
-Structure Materials
-Upholsteries & Seat Covers
-By Aircraft Type
-Narrow Body Aircraft (NBA)- Market Size & Forecast 2019-2030, USD Million
-Wide Body Aircraft (WBA)- Market Size & Forecast 2019-2030, USD Million
-Very Large Aircraft (VLA) - Market Size & Forecast 2019-2030, USD Million
-Business Jets- Market Size & Forecast 2019-2030, USD Million
-Regional Transport Aircraft (RTA) - Market Size & Forecast 2019-2030, USD Million
-By End User
-OEM - Market Size & Forecast 2019-2030, USD Million
-Maintenance, Repair, and Overhaul (MRO)- Market Size & Forecast 2019-2030, USD Million
-Aftermarket- Market Size & Forecast 2019-2030, USD Million
-By Seat Type
-9G- Market Size & Forecast 2019-2030, USD Million
-16G- Market Size & Forecast 2019-2030, USD Million
-21G- Market Size & Forecast 2019-2030, USD Million
-By Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific
Explore the Complete Aircraft Seating Market Analysis Report – https://www.marknteladvisors.com/research-library/global-aircraft-seating-market.html
Global Aircraft Seating Market Driver:
Increasing Aircraft Production to Support Market Growth – The majority of the airlines have aged aircraft due to the longer aircraft delivery period and lack of substantial funds. Based on the research it is found that the average of the popular airline, like Allegiant Air and Delta Air Lines, is 19.8 years and 17 years respectively. These aging aircraft are less fuel efficient and require frequent maintenance to ensure smooth functioning. Therefore, these airlines are increasingly purchasing new commercial planes. For instance, in 2024, Indigo, a leading aviation company, announced to add approximately 500 new planes during 2024-2030. Thus, to cater to the growing demand arising from the flight operating companies, the aircraft manufacturers are ramping up the production of the airplanes. Consequently, this surge in manufacturing is leading to an increase in the need for the seat and other essential components, driving the Global Aircraft Seating Market.
Global Aircraft Seating Market Challenge:
Complex Certification Requirement & Operational Issues Hinders Market Growth – Official Authorities are increasingly laying stricter regulations and standards for aircraft makers to ensure the safety of the passengers. These governing bodies have even set severe requirements for the components such as the electrical fittings and actuators. Therefore, the new components designed by the manufacturer must undergo the testing and approval phase. This process is complex and takes time owing to which the aircraft manufacturers rely on the conventional components and do not rapidly replace their parts. Additionally, the top companies are facing supply chain issues and a shortage of small raw materials, which is impeding the production of the seats and leading to delays in deliveries. Thus, these operational challenges faced by the market players are slowing down the market growth.
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