Commercial Aircraft Seating Market by Cabin Class, Aircraft Type, and Geography - Forecast and Analysis 2021-2025

  • Published: Jul 2021
  • Pages: 120
  • SKU: IRTNTR40587

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 Commercial Aircraft Seating Market - 2021-2025

The commercial aircraft seating market size is expected to reach a value of USD 10.03 billion, at a CAGR of 23.91%, during 2021-2025. This research study helps in deep understanding of the underlying forces driving the market growth and current and potential target customers across segmentations. According to our comprehensive survey, factors such as the growing demand for luxury air travel are projected to significantly support market growth during the forecast period. View our sample report for insights on the latest trends and challenges that will have a far-reaching effect on the market growth.

Commercial Aircraft Seating Market Size

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Commercial Aircraft Seating Market Segments

Get actionable insights on the commercial aircraft seating market segments to generate successful ROIs and focus your business strategy efforts where they are most likely to be effective. Navigate through market segmentations by cabin class (economy class, business class, premium economy class, and first class), aircraft type (narrowbody, widebody, and regional aircraft), and geography (North America, Europe, APAC, MEA, and South America) in this commercial aircraft seating market report to pursue growth opportunities. 

Also, our market research experts have evaluated the impact of COVID-19 across market segments for our clients to understand the long-term business implications and foresee opportunities for subsequent recovery. Want a thorough qualitative and quantitative analysis on the post-pandemic commercial aircraft seating market predictions on demand changes for 2021-2025? You can buy the report now with one easy click.

Commercial Aircraft Seating Market Vendors and Competitive Analysis

The commercial aircraft seating market is concentrated and the vendors are deploying growth strategies such as expanding geographically, increasing production capacities, and upselling products by upgrading the existing ones to gain competitive advantage. Find out about other well-thought-out business planning approaches of key players from our sample report.

The commercial aircraft seating market share report highlights the repercussions of the effects of the pandemic across regions and segments, and the entire value chain. To make the most of the emerging opportunities and recover from adverse COVID-19 shock, the market vendors should focus more on leveraging change in consumer behavior and growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Click here to get COVID-19 impact update.

Buy the full commercial aircraft seating market forecast report for detailed insights on complete key vendor profiles. The profiles include information on the production, sustainability, prospects of the leading companies, and other crucial vendor landscape analysis.

Commercial Aircraft Seating Market Vendors

Commercial Aircraft Seating Market - Region Opportunities 2021-2025

North America will contribute 33% of the overall commercial aircraft seating market growth during the forecast period. The US is a key market for commercial aircraft seating in North America. To unlock exclusive information on potential business markets, economic trends and risks in geographies, and emerging prospective customers buy the report now!

Commercial Aircraft Seating Market Share by Geography

North America has been exhibiting significant growth rate for commercial aircraft seating market vendors. Factors such as the expansion of maintenance capabilities and strategic partnerships of aircraft seat suppliers with aircraft OEMs are accelerating the commercial aircraft seating market growth in North America. To view our in-depth analytical review on the micro and macroeconomic factors impacting businesses in the regions click here.

The commercial aircraft seating market share growth in North America will be faster than the growth of the market in MEA and South America. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

Commercial Aircraft Seating Market Insights by Cabin Class

Commercial Aircraft Seating Market Share by Market Landscape

To gain further insights on the market contribution of various segments Request for a FREE Sample!

According to our market segmentation data analysis, the economy class segment is expected to be a significant contributor to the growth of the commercial aircraft seating market share during the forecast period. The growth in air traffic has driven the consumer preference for low-cost carriers (LCCs) and ultra-low-cost carriers (ULCCs). This has resulted in the increased adoption of economy-class seats to accommodate a larger number of passengers per trip while ensuring fuel savings due to their lightweight design. This report provides an accurate prediction of the revenue share of all the segments to the growth of the commercial aircraft seating market size.

From the commercial aircraft seating market segmentation insights, players can achieve maximum market response by understanding the target consumers. The analytical data on the segmentations will allow vendors to position their services and products among the right audiences and gain significant exposure and growth. Also, get updated actionable market insights on post COVID-19 impact on each segment.

Commercial Aircraft Seating Market Drivers & Trends

While it is crucial to have a solid understanding of the drivers and trends, it is also imperative that the market challenges are recognized to improvize business planning and sustain market competition. One of the key factors impeding commercial aircraft seating market growth is the delays in aircraft deliveries and order cancellations. Purchase our express report to get exhaustive insights on other industry trends, drivers, and challenges, which will help companies evaluate and develop growth strategies.

The growing demand for luxury in air travel is one of the significant factors that will drive commercial aircraft seating market growth during the forecast period. Economic improvements among global consumers have increased their spending on unique experiences. This is inducing aircraft interior designers to experiment with modern systems, which include the integration of luxurious seats into the business-class and first-class segments in modern aircraft. Also, the emerging middle class is seeking material aspects of luxury travel, and mature markets are looking for a new, evolved type of luxury. This is encouraging aircraft operators across the world to offer comfort and luxury at certain price points, which has increased the adoption of premium seats in the business-class segments of wide-body aircraft.

Critical commercial aircraft seating market trends such as the use of composites and advanced materials in the design and construction of aircraft seats will support market growth. Aircraft manufacturers are consistently working on reducing the total weight of the aircraft to improve fuel efficiency, reduce operational costs, and enhance profit margins for airline operators. They are increasingly using lightweight materials such as magnesium alloys for the construction of structural components of aircraft. Alloys such as AZ91 offer higher tensile strength and fracture resistance when compared to conventional seat construction materials. Many aircraft seat manufacturers are using AZ91 to develop ultralight seat designs. Market vendors are also striving to improve passenger comfort through innovative fabric designs. They are using flame-resistant variants of wool, polyester, and natural and synthetic leather-based materials to construct seat accessories. The use of alloys and advanced fabrics for the construction of aircraft seats is expected to increase over the forecast period. 

Technavio research analysts have done in-depth analysis of the commercial aircraft seating market trends, drivers, and challenges in terms of their long-term and short-term effects. This data will help players map their growth prospects across key and emerging markets.

 

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Commercial Aircraft Seating Market Report Outlook

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive commercial aircraft seating market growth during the next five years
  • Precise estimation of the commercial aircraft seating market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the commercial aircraft seating market across North America, Europe, APAC, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of commercial aircraft seating market vendors

Buy the Commercial Aircraft Seating Market report now to reimage your business strategies!

 

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The commercial aircraft seating market growth will increase by $4.67 billion during 2019-2024.
The commercial aircraft seating market is expected to grow at a CAGR of 8.79% during 2019-2024.
Technavio has segmented the commercial aircraft seating market by other1 (Economy class, Business class, Premium economy, and First class) and geographic (North America, Europe, APAC, South America, and MEA).
Adient Plc, Airbus SE, Autoflug GmbH, Aviointeriors Spa, Geven Spa, Ipeco Holdings Ltd., JAMCO Corp., Safran SA, Thompson Aero Seating Ltd., United Technologies Corp. are a few of the key vendors in the commercial aircraft seating market.
Europe will register the highest growth rate of 39.10% among the other regions. Therefore, the commercial aircraft seating market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the commercial aircraft seating market growth are:
  • Need for cabin retrofitting to enhance passenger comfort
The commercial aircraft seating market vendors should focus on grabbing business opportunities from the economy class segment as it accounted for the largest market share in the base year.
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