0

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

  • Published: Jul 2021
  • Pages: 150
  • SKU: IRTNTR40587
Technavio

Purchase this report now and if we publish a new version within 90 days, we will send you a free copy.

Safe and Secure SSL Encrypted
  • 2500.00
  • USD

The commercial aircraft seating market share is expected to increase by USD 10.03 bn from 2020 to 2025, and the market’s growth momentum will decelerate at a CAGR of 24%.

This commercial aircraft seating market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers commercial aircraft seating market segmentation by market landscape (economy class, business class, premium economy class, and first class), type (narrowbody, widebody, and regional aircraft), and geography (North America, Europe, APAC, MEA, and South America). The commercial aircraft seating market report also offers information on several market vendors, including Adient Plc, Airbus SE, Autoflug GmbH, Aviointeriors S.p.A., Geven S.p.a., Ipeco Holdings Ltd., JAMCO Corp., Raytheon Technologies Corp., Safran SA, and Thompson Aero Seating Ltd. among others.

What will the Commercial Aircraft Seating Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Commercial Aircraft Seating Market Size for the Forecast Period and Other Important Statistics

 

Commercial Aircraft Seating Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The growing demand for luxury air travel is notably driving the commercial aircraft seating market growth, although factors such as delays in aircraft deliveries and order cancellations may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the commercial aircraft seating industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Commercial Aircraft Seating Market Driver

The need for cabin retrofitting to enhance passenger comfort is one of the key factors driving the growth of the global commercial aircraft seating market. The need for cabin retrofitting is driven by the consumer demand for reliable cabin connectivity, personalized entertainment systems, handsfree commands, micro cabin environments, cabin air quality, medical care, and self-cleaning and anti-bacterial materials. During the last decade, a large number of commercial jetliners underwent some sort of cabin modernization, ranging from the replacement of older seats with new ones to introducing completely redesigned cabins. For instance, American Airlines is engaged in a modernization plan to standardize its fleet. It includes stripping out the main cabin economy seats and replacing them with premium economy seats that are wide and offer more legroom. As these seats command higher fares than economy seats, the airline is enabled to offer customers superior levels of service. Moreover, the need to differentiate the service levels offered within different classes provided by airline operators adds to the level of personalization in aircraft cabins. Such developments are expected to improve the aftermarket prospects of the market during the forecast period.

Key Commercial Aircraft Seating Market Trend

The diversification of OEMs into aftermarket will fuel the global commercial aircraft seating market growth. Though the aircraft aftermarket has been a key focus of aircraft OEMs, the segment witnessed several dramatic changes during the last decade.  Moreover, with a vision to create a global chain of MRO operators, an upsurge in investments to set up new MRO facilities has been witnessed recently. In October 2016, Airbus and SIAEC incorporated a new JV called Heavy Maintenance Singapore Services to provide airframe maintenance, cabin upgrade, and modification services for Airbus A380, A350, and A330 aircraft. However, these developments have encouraged industry incumbents to undertake significant investment initiatives to develop MRO capabilities and minimize operating costs. The development of a global MRO network will result in the low cost of cabin upgrades and retrofitting, which will encourage airline operators to opt for such services to enhance their customer service levels. A large number of aircraft OEMs are focusing on developing in-house capabilities to manufacture seats and cater to a broader segment of the aviation market. This would result in several business opportunities for OEMs to cater to the demand from the retrofitting aspect of the market in the forecast period.

Key Commercial Aircraft Seating Market Challenge

The delay in aircraft deliveries and order cancellations is a major challenge for global commercial aircraft seating market growth. Rapid technological advances and the high use of enhanced systems are pressurizing the manufacturers of aircraft parts, components, and sub-assemblies to meet rising demand, quick delivery times, and cope with budget constraints. This can negatively affect the quality of parts and components. The manufacturing process of an aircraft, from its initial design stage to final production, is exhaustive and consumes time. Since it requires the assembling of several parts and components, any delays will lead to an extension in delivery dates. Such delays in deliveries may prompt airlines to cancel their orders. For instance, in 2016, Airbus was forced to postpone the delivery of 12 A380 jets to Emirates, its largest customer, due to delays in the supply chain. Airbus suffered another setback in the same year when Qatar Airways canceled its orders for A320neo. This was the outcome of the OEM s failure to deliver a single aircraft in late 2015. Such developments are expected to hinder the growth of the market during the forecast period.

This commercial aircraft seating market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Parent Market Analysis

Technavio categorizes the global commercial aircraft seating market as a part of the global aerospace & defense market within the global capital goods market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the commercial aircraft seating market during the forecast period.

Who are the Major Commercial Aircraft Seating Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Adient Plc
  • Airbus SE
  • Autoflug GmbH
  • Aviointeriors S.p.A.
  • Geven S.p.a.
  • Ipeco Holdings Ltd.
  • JAMCO Corp.
  • Raytheon Technologies Corp.
  • Safran SA
  • Thompson Aero Seating Ltd.

 

This statistical study of the commercial aircraft seating market encompasses successful business strategies deployed by the key vendors. The commercial aircraft seating market is concentrated and the vendors are deploying growth strategies such as product features, price, customized solutions, and services offered to compete in the market.

Product Insights and News

  • Adient Plc - The company offers ergonomic and durable seats for commercial vehicles.

To make the most of the opportunities and recover from post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The commercial aircraft seating market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Commercial Aircraft Seating Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the commercial aircraft seating market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of the global aerospace & defense market includes the following core components:

  • Inputs
  • Inbound logistics
  • Operations
  • Outbound logistics
  • Marketing and sales
  • Service
  • Support activities
  • Innovation

The report has further elucidated other innovative approaches being followed by manufacturers to ensure a sustainable market presence.

Which are the Key Regions for Commercial Aircraft Seating Market?

For more insights on the market share of various regions Request for a FREE sample now!

33% of the market’s growth will originate from North America during the forecast period. The US is the key market for commercial aircraft seating market in North America. Market growth in this region will be slower than the growth of the market in regions.

The need for cabin retrofitting to enhance passenger comfort will facilitate the commercial aircraft seating market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The COVID-19 outbreak posed a significant threat to the aviation industry, owing to global travel restrictions and a massive reduction in the demand for air travel. Lockdowns took a heavy toll on the financial performance and stability of airlines and their suppliers in the region. Passenger traffic in the US and Canada dropped significantly due to the rapid spread of COVID-19 in these countries. According to the Centers for Disease Control and Prevention (CDC), as of June 2021, the US reported around 33.53 million COVID-19 cases, and the number is expected to increase further. However, in 2021, the initiation of large-scale vaccination drives?has lifted the lockdown and travel restrictions, which led to the resumption of supply chain activities. Such factors are expected to drive the market during the forecast period.

What are the Revenue-generating Market Landscape Segments in the Commercial Aircraft Seating Market?

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

The commercial aircraft seating market share growth by the economy class segment will be significant 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.

This report provides an accurate prediction of the contribution of all the segments to the growth of the commercial aircraft seating market size and actionable market insights on post COVID-19 impact on each segment.

 

Commercial Aircraft Seating Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Decelerate at a CAGR of 24%

Market growth 2021-2025

$ 10.03 billion

Market structure

Concentrated

YoY growth (%)

31.38

Regional analysis

North America, Europe, APAC, MEA, and South America

Performing market contribution

North America at 33%

Key consumer countries

US, France, China, Germany, UK, and Japan

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Adient Plc, Airbus SE, Autoflug GmbH, Aviointeriors S.p.A., Geven S.p.a., Ipeco Holdings Ltd., JAMCO Corp., Raytheon Technologies Corp., Safran SA, and Thompson Aero Seating Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request for a FREE sample

What are the Key Data Covered in this Commercial Aircraft Seating Market Report?

  • 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 industry 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

We can help! Our analysts can customize this report to meet your requirements. Get in touch

 

Read More Read Less

1 Executive Summary

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 01: Parent market
    • Exhibit 02: Market characteristics
  • 2.2 Value chain analysis
    • Exhibit 03: Value Chain Analysis: Aerospace and defense

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 04: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 05: Market segments
  • 3.3 Market size 2020
    • 3.4 Market outlook: Forecast for 2020 - 2025
      • Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ billion)
      • Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 08: Five forces analysis 2020 & 2025
    • 4.2 Bargaining power of buyers
      • Exhibit 09: Bargaining power of buyers
    • 4.3 Bargaining power of suppliers
      • Exhibit 10: Bargaining power of suppliers
    • 4.4 Threat of new entrants
      • Exhibit 11: Threat of new entrants
    • 4.5 Threat of substitutes
      • Exhibit 12: Threat of substitutes
    • 4.6 Threat of rivalry
      • Exhibit 13: Threat of rivalry
    • 4.7 Market condition
      • Exhibit 14: Market condition - Five forces 2020

    5 Market Segmentation by Cabin class

    • 5.1 Market segments
      • Exhibit 15: Cabin class - Market share 2020-2025 (%)
    • 5.2 Comparison by Cabin class
      • Exhibit 16: Comparison by Cabin class
    • 5.3 Economy class - Market size and forecast 2020-2025
      • Exhibit 17: Economy class - Market size and forecast 2020-2025 ($ billion)
      • Exhibit 18: Economy class - Year-over-year growth 2020-2025 (%)
    • 5.4 Business class - Market size and forecast 2020-2025
      • Exhibit 19: Business class - Market size and forecast 2020-2025 ($ billion)
      • Exhibit 20: Business class - Year-over-year growth 2020-2025 (%)
    • 5.5 Premium economy class - Market size and forecast 2020-2025
      • Exhibit 21: Premium economy class - Market size and forecast 2020-2025 ($ billion)
      • Exhibit 22: Premium economy class - Year-over-year growth 2020-2025 (%)
    • 5.6 First class - Market size and forecast 2020-2025
      • Exhibit 23: First class - Market size and forecast 2020-2025 ($ billion)
      • Exhibit 24: First class - Year-over-year growth 2020-2025 (%)
    • 5.7 Market opportunity by Cabin class
      • Exhibit 25: Market opportunity by Cabin class

    6 Market Segmentation by Aircraft type

    • 6.1 Market segments
      • Exhibit 26: Aircraft type - Market share 2020-2025 (%)
    • 6.2 Comparison by Aircraft type
      • Exhibit 27: Comparison by Aircraft type
    • 6.3 Narrowbody - Market size and forecast 2020-2025
      • Exhibit 28: Narrowbody - Market size and forecast 2020-2025 ($ billion)
      • Exhibit 29: Narrowbody - Year-over-year growth 2020-2025 (%)
    • 6.4 Widebody - Market size and forecast 2020-2025
      • Exhibit 30: Widebody - Market size and forecast 2020-2025 ($ billion)
      • Exhibit 31: Widebody - Year-over-year growth 2020-2025 (%)
    • 6.5 Regional aircraft - Market size and forecast 2020-2025
      • Exhibit 32: Regional aircraft - Market size and forecast 2020-2025 ($ billion)
      • Exhibit 33: Regional aircraft - Year-over-year growth 2020-2025 (%)
    • 6.6 Market opportunity by Aircraft type
      • Exhibit 34: Market opportunity by Aircraft type

    7 Customer landscape

    • 7.1 Overview
      • Exhibit 35: Customer landscape

    8 Geographic Landscape

    • 8.1 Geographic segmentation
      • Exhibit 36: Market share by geography 2020-2025 (%)
    • 8.2 Geographic comparison
      • Exhibit 37: Geographic comparison
    • 8.3 North America - Market size and forecast 2020-2025
      • Exhibit 38: North America - Market size and forecast 2020-2025 ($ billion)
      • Exhibit 39: North America - Year-over-year growth 2020-2025 (%)
    • 8.4 Europe - Market size and forecast 2020-2025
      • Exhibit 40: Europe - Market size and forecast 2020-2025 ($ billion)
      • Exhibit 41: Europe - Year-over-year growth 2020-2025 (%)
    • 8.5 APAC - Market size and forecast 2020-2025
      • Exhibit 42: APAC - Market size and forecast 2020-2025 ($ billion)
      • Exhibit 43: APAC - Year-over-year growth 2020-2025 (%)
    • 8.6 MEA - Market size and forecast 2020-2025
      • Exhibit 44: MEA - Market size and forecast 2020-2025 ($ billion)
      • Exhibit 45: MEA - Year-over-year growth 2020-2025 (%)
    • 8.7 South America - Market size and forecast 2020-2025
      • 8.8 Key leading countries
        • Exhibit 48: Key leading countries
      • 8.9 Market opportunity by geography
        • Exhibit 49: Market opportunity by geography ($ billion)

      9 Drivers, Challenges, and Trends

      • 9.1 Market drivers
        • 9.2 Market challenges
          • Exhibit 50: Impact of drivers and challenges
        • 9.3 Market trends

          10 Vendor Landscape

          • 10.1 Overview
            • Exhibit 51: Vendor landscape
          • 10.2 Landscape disruption
            • Exhibit 52: Landscape disruption
            • Exhibit 53: Industry risks
          • 10.3 Competitive Scenario

            11 Vendor Analysis

            • 11.1 Vendors covered
              • Exhibit 54: Vendors covered
            • 11.2 Market positioning of vendors
              • Exhibit 55: Market positioning of vendors
            • 11.3 Adient Plc
              • Exhibit 56: Adient Plc - Overview
              • Exhibit 57: Adient Plc - Business segments
              • Exhibit 58: Adient Plc - Key offerings
              • Exhibit 59: Adient Plc - Segment focus
            • 11.4 Airbus SE
              • Exhibit 60: Airbus SE - Overview
              • Exhibit 61: Airbus SE - Business segments
              • Exhibit 62: Airbus SE – Key news
              • Exhibit 63: Airbus SE - Key offerings
              • Exhibit 64: Airbus SE - Segment focus
            • 11.5 Autoflug GmbH
              • Exhibit 65: Autoflug GmbH - Overview
              • Exhibit 66: Autoflug GmbH - Product and service
              • Exhibit 67: Autoflug GmbH – Key news
              • Exhibit 68: Autoflug GmbH - Key offerings
            • 11.6 Aviointeriors S.p.A.
              • Exhibit 69: Aviointeriors S.p.A. - Overview
              • Exhibit 70: Aviointeriors S.p.A. - Product and service
              • Exhibit 71: Aviointeriors S.p.A. - Key offerings
            • 11.7 Geven S.p.a.
              • Exhibit 72: Geven S.p.a. - Overview
              • Exhibit 73: Geven S.p.a. - Product and service
              • Exhibit 74: Geven S.p.a. – Key news
              • Exhibit 75: Geven S.p.a. - Key offerings
            • 11.8 Ipeco Holdings Ltd.
              • Exhibit 76: Ipeco Holdings Ltd. - Overview
              • Exhibit 77: Ipeco Holdings Ltd. - Product and service
              • Exhibit 78: Ipeco Holdings Ltd. - Key offerings
            • 11.9 JAMCO Corp.
              • Exhibit 79: JAMCO Corp. - Overview
              • Exhibit 80: JAMCO Corp. - Business segments
              • Exhibit 81: JAMCO Corp. - Key offerings
              • Exhibit 82: JAMCO Corp. - Segment focus
            • 11.10 Raytheon Technologies Corp.
              • Exhibit 83: Raytheon Technologies Corp. - Overview
              • Exhibit 84: Raytheon Technologies Corp. - Product and service
              • Exhibit 85: Raytheon Technologies Corp.– Key news
              • Exhibit 86: Raytheon Technologies Corp. - Key offerings
            • 11.11 Safran SA
              • Exhibit 87: Safran SA - Overview
              • Exhibit 88: Safran SA - Business segments
              • Exhibit 89: Safran SA – Key news
              • Exhibit 90: Safran SA - Key offerings
              • Exhibit 91: Safran SA - Segment focus
            • 11.12 Thompson Aero Seating Ltd.
              • Exhibit 92: Thompson Aero Seating Ltd. - Overview
              • Exhibit 93: Thompson Aero Seating Ltd. - Product and service
              • Exhibit 94: Thompson Aero Seating Ltd. - Key offerings
              • Exhibit 95: Thompson Aero Seating Ltd. - Segment focus

            12 Appendix

            • 12.1 Scope of the report
              • 12.2 Currency conversion rates for US$
                • Exhibit 96: Currency conversion rates for US$
              • 12.3 Research methodology
                • Exhibit 97: Research Methodology
                • Exhibit 98: Validation techniques employed for market sizing
                • Exhibit 99: Information sources
              • 12.4 List of abbreviations
                • Exhibit 100: List of abbreviations

              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.

              TechnavioINFORMATION 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
              Technavio

              TechnavioDATA 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
              Technavio

              TechnavioREPORT WRITING

              Qualitative

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

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
              Interested in this report?
              Get your FREE sample now!
              The commercial aircraft seating market growth will increase by $4.67 billion during 2020-2024.
              The commercial aircraft seating market is expected to grow at a CAGR of 8.79% during 2020-2024.
              Technavio has segmented the commercial aircraft seating market by other 1 (Economy class, Business class, Premium economy, and First class) ,other 2 (Narrowbody, Widebody, Regional aircraft, South America, and MEA) , and geographic (North America, Europe, APAC, South America, and North America).
              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 40.04% 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
              • Diversification of OEMs into aftermarket
              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.
              Safe and Secure SSL Encrypted
              Technavio

              Single User:

              2500 USD

              Technavio Get the report (PDF) sent to your email within minutes.

              Subscribe & Save

              Get lifetime access to our
              Technavio Insights

              Want to customize this report?

              This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

              We offer $1000 worth of FREE customization at the time of purchase
              Technavio
              Enquire Before Buying
              1. Home
              2. Industrials
              3. Published Report
              17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>