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The commercial aircraft in-seat power supply system market size is estimated to grow at a CAGR of 6.48% between 2023 and 2028. The market size is forecast to increase by USD 85.53 million. The growth of the commercial aircraft market is influenced by various factors. One such factor is the increasing preference for cabin retrofitting to improve passenger comfort. This trend is driven by the desire for a more luxurious flying experience. Commercial aircraft seating plays a significant role in this, as manufacturers continue to innovate and develop new designs to meet the evolving needs of passengers. Another factor is the integration of new-generation subsystems to support In-Flight Entertainment (IFE) architecture. These advancements include the latest safety features, such as Commercial Aircraft Seat Belts, which ensure passenger safety while enhancing overall comfort. The demand for luxury air travel is also on the rise, with an increasing number of travelers seeking a premium flying experience. This trend is expected to continue, driving the growth of the commercial aircraft market in the coming years.
This report extensively covers market segmentation by channel (original equipment manufacturer and aftermarket), end-user (economy class, business class, premium economy class, and first class), and geography (North America, Europe, APAC, Middle East and Africa, and South America). It also includes an in-depth analysis of drivers, trends, and challenges.
Commercial Aircraft In-Seat Power Supply System Market Forecast 2024-2028
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Our researchers studied the data for years, with 2022 as the base year and 2023 as the estimated year, and presented the key drivers, trends, and challenges for the market. Although there has been a disruption in the growth of the market during the COVID-19 pandemic, a holistic analysis of drivers, trends, and challenges will help companies refine marketing strategies to gain a competitive advantage.
Driver - Rise in preference for cabin retrofitting to enhance passenger comfort
An airplane cabin is usually utilized by airline operators as a technique for promoting their brand image among customers. Thus, several airline operators around the world are investing heavily in cabin retrofitting to meet the growing demand for reliable cabin connectivity, personalized entertainment systems, hands-free commands, micro cabin environments, cabin air quality, medical care, and self-cleaning and anti-bacterial materials.
Moreover, as airline operators are trying to strike a balance between cost and aesthetics, several cabin renovation programs have been launched to incorporate comfy seats, large overhead bins, and other necessary components including in-seat power supply systems. In addition, several commercial jetliners have undertaken some sort of cabin modernization such as the replacement of old seats with new ones and the introduction of completely redesigned cabins. Hence, such factors drive the market growth during the forecast period.
The complexities of internal systems have increased due to the complexities of modern long-range aircraft. In addition, due to the introduction of the Fly-by-Wire (FBW) system in A320 in the 1980s, total weight reduction in aircraft became significant as mechanical linkages were eliminated, and the cockpit operated flight control surfaces through electrical transmission.
The more electric aircraft (MEA) concept, a progressive evolution in aviation technology, involves replacing bulky, outdated components of an aircraft control system with electrical systems. This shift not only enhances system efficiency but also reduces overall aircraft weight. Another significant development in this regard is the exploration of wireless transceivers as a viable alternative to data-carrying wires. These advancements are positively influencing the aviation industry, particularly in the Commercial Aircraft Cabin Interiors sector. The implementation of MEA technology in cabin interiors can lead to weight reduction, improved system performance, and enhanced passenger comfort. Furthermore, the integration of wireless transceivers can facilitate seamless communication between various cabin systems, thereby optimizing overall aircraft functionality. These factors are anticipated to drive market growth in the Commercial Aircraft Cabin Interiors industry during the forecast period.
In order to avoid fatal accidents that can occur from faults such as short circuits, the electronic systems onboard commercial aircraft are subjected to periodic inspections. In addition, maintaining these systems and their associated components includes visual inspections and operational testing.
Moreover, as all aircraft in-seat power supply systems are designed for multiple-use deployment, it is crucial for airlines and manufacturers to ensure the systems perform as per specifications prior to and after each scheduled flight. As a result, periodic checks are conducted to identify the signs of defects. It can also lead to the rejection of the entire product, resulting in huge losses for the manufacturer. Hence, such factors are negatively impacting the market. Therefore, it is expected to hinder the market growth during the forecast period.
The original equipment manufacturer segment is estimated to witness significant growth during the forecast period. One of the essential components of in-seat power supply systems offers passengers the ability to charge their electronic devices during flights. The OEM segment can be referred to the manufacturers that design, develop, and supply in-seat power supply systems as original equipment for commercial aircraft.
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The original equipment manufacturer segment was the largest segment and was valued at USD 132.25 million in 2018. Moreover, the main advantage of OEM is the expertise and knowledge that these manufacturers bring to the market. OEMs have extensive experience in the aviation industry and possess a deep understanding of the specific requirements and safety regulations associated with aircraft power systems. In addition, it enables them to design and develop in-seat power supply solutions that meet the stringent standards and specifications set by airlines and aviation authorities. Moreover, OEMs in the global commercial aircraft in-seat power supply system market offer customized solutions tailored to the specific needs of different airlines. Hence, such factors are fuelling the growth of this segment which in turn will drive the market growth during the forecast period.
Based on end-user, the segment is classified into economy class, business class, premium economy class, and first class. The growth in air traffic has fuelled consumer preference for low-cost carriers (LCCs) and ultra-low-cost carriers (ULCCs). As a result, it has fuelled the adoption of economy class seats to accommodate more passengers per trip while ensuring fuel savings (because of low weight). In addition, the increasing demand for air travel has encouraged airline operators to procure new aircraft and is driving cabin retrofitting operations on the existing fleets to provide better services to passengers at affordable prices. As a result, cabin interior designers and MRO providers, therefore, are benefiting by collaborating with airlines to design and integrate newer seat variants in their current aircraft fleet. Hence, such factors are fuelling the growth of this segment which in turn will drive the market growth during the forecast period.
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North America is estimated to contribute 28% to the growth by 2028. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period. One of the main factors that has significantly contributed to the growth of the market in North America is the strong presence of the robust aviation infrastructure in the region. In addition, the region comprises technologically advanced countries and mature markets, such as the US and Canada. As a result, there is an increasing demand for aftermarket services for aircraft. Therefore, this recent increase in oil prices has fuelled the demand for aircraft cabin retrofitting services as airlines are expanding their fleets to operate more fuel-efficient aircraft. Hence, such factors drive the market growth in North America during the forecast period.
In 2020, during the COVID-19 pandemic, the growth of the global commercial aircraft in-seat power supply system market witnessed a significant slowdown due to the bans on air travel thereby limiting investments in aircraft cabin interior components as well in North America. However, in 2021, the initiation of large-scale vaccination drives lifted the lockdown and travel restrictions, which led to the governments providing financial stimulus to businesses. Such factors are expected to drive the market during the forecast period.
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Astrodyne TDI: The company offers commercial aircraft in-seat power supply systems such as AC and DC connectors, and power supply cooling systems.
We also have detailed analyses of the market’s competitive landscape and offer information on 8 market companies, including:
Astronics Corp., Burrana Pty Ltd., IFPL Group Ltd., Imagik Corp., Inflight Canada Inc., KID Systeme GmbH, and Mid Continent Instrument Co. Inc.
Technavio report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.
The commercial aircraft in-seat power supply system market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028.
Commercial Aircraft In-Seat Power Supply System Market Scope |
|
Report Coverage |
Details |
Page number |
153 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.48% |
Market growth 2024-2028 |
USD 85.53 million |
Market structure |
Concentrated |
YoY growth 2023-2024(%) |
6.22 |
Regional analysis |
North America, Europe, APAC, Middle East and Africa, and South America |
Performing market contribution |
North America at 28% |
Key countries |
US, United Arab Emirates, China, India, and Germany |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Astrodyne TDI, Astronics Corp., Burrana Pty Ltd., IFPL Group Ltd., Imagik Corp., Inflight Canada Inc., KID Systeme GmbH, and Mid Continent Instrument Co. Inc. |
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, and Market condition analysis for the 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. |
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Channel
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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