Aircraft Seating Market by Aircraft Type - 2021

By -

Factors such as increased demand for new aircraft globally, rise in air traffic, and upgradation of aircraft programs are expected to drive the global aircraft seating market.

(EMAILWIRE.COM, May 23, 2018 ) The global aircraft seating market is projected to grow from USD 8.74 Billion in 2016 to USD 16.94 Billion by 2021, at a CAGR of 14.15% from 2016 to 2021.

Download PDF Brochure-https://www.marketsandmarkets.com/pdfdownload.asp?id=906

On the basis of seat class, the business segment dominates the global aircraft seating market with the largest market share and is expected to continue its dominance over the next five years. The demand for business class seats is primarily driven due to the significant increase in air travel globally. The premium economy class segment is expected to grow at the second highest CAGR during the forecast period.


The VLA segment of the global aircraft seating market is expected to grow at the highest CAGR during the forecast period. It is expected to dominate the market due to the growing prominence of advanced and comfortable aircraft seat design in the very large aircraft.

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 also 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. (U.S.), Zodiac Aerospace (France), RECARO Aircraft Seating GmbH & Co. KG (Germany), Aviointeriors S.p.A. (Italy), Acro Aircraft Seating (U.K.), Thompson Aero Seating Ltd. (U.K.), and ZIM Flugsitz GmbH (Germany), among others

About MarketsandMarkets

MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact

Mr. Salgarkar
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441

Media Contact

Read other news from MarketsandMarkets™

Timing Devices Market Size, Share, Revenue Trends & Forecast to 2030

MarketsandMarkets™ - Sep 18, 2023
Timing Devices Market by Type (Oscillators, Atomic Clocks, Clock Generators, Clock Buffers, Jitter Attenuators), Material (Crystal, Silicon, Ceramic), Vertical (Consumer Electronics, Automotive) and Region - Global Forecast to 2030 ...Read more

Artificial Intelligence Market Segmented by Product, Top Manufacturers, Geography Trends & Growth Opportunity to 2030

MarketsandMarkets™ - Sep 18, 2023
Artificial Intelligence technology such as machine learning, natural language processing, computer vision, and others are revolutionizing various sectors, including healthcare, finance, manufacturing, and retail. ...Read more

Digital PCR (dPCR) and Real-time PCR (qPCR) Market worth $12.4 billion by 2028, at a CAGR of 7.8%.

MarketsandMarkets™ - Sep 18, 2023
"Digital PCR (dPCR) and Real-time PCR (qPCR) Market by Product (Instruments, Reagents & Consumables, Software & Services), Application (Clinical, Research, Forensic), End User (Hospital, Diagnostic Labs, Pharma, Biotech, CROs) - Global Forecast to 2028". ...Read more