The report “ Aircraft Seating Market by Aircraft Type (NBA, WBA, VLA and RTA), Seat Class (First, Business, Premium Economy and Economy), Component (Seat Actuators, Foam & Fittings), Fit (Line Fit, And Retrofit) and Region – Forecast to 2021 „ , the global aircraft seating market is projected to reach $ 16.94 Billion by 2021, at a CAGR of 14.15% from 2016 to 2021. Factors such as increased demand for new aircraft globally, rise in air the global aircraft seating market.
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The business class to dominate the global aircraft seating market with the highest market share
Over the next five years, the business segment dominates the global aircraft seating market with the largest market share and is expected to continue to dominate over the next five years. The demand for business class seats globally. The premium economy class is expected to grow to the second highest CAGR during the forecast period.
The very large aircraft (VLA) segment is expected to grow at the highest speed during the forecast period
The VLA segment of the global aircraft seating market is expected to grow to the highest CAGR during the forecast period. It is expected to dominate the market due to the growing prominence of the aircraft.
The global aircraft seating market is expected to witness the highest growth in the Asia-Pacific region
The aviation industry in the Asia-Pacific region has been witnessing strong growth over the past few years. This growth, which is mainly driven by the increasing demand for new aircraft deliveries and increasing air traffic in this region, is expected to boost the global aircraft seating market. The aviation industry’s growth can therefore be attributed to the increase in trade & tourism, as well as the increasing disposable incomes of the middle class population in emerging economies, such as India and China.
Key players in the global aircraft seating market include B / E Aerospace, Inc. (US), Zodiac Aerospace (France), RECARO Aircraft Seating GmbH & Co. KG (Germany), Aviointeriors SpA (Italy), Acro Aircraft Seating (UK) , Thompson Aero Seating Ltd. (UK), and ZIM Flugsitz GmbH (Germany), among others
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