Global Aerospace Crew Seats Industry Overview
Economies across the globe have started spending increase in the defense sector. Lately, there has been a considerable boost in the procurement of various military aircraft across the world, such as tankers and transportation/logistics aircraft, which, in turn, has fueled the demand for crew seats. Significant R&D investments are also being made for projects relating to optimizing crew seating in terms of comfort, reliability, size, and weight constraints. Hence, the increase in defense spending has spurred the growth in the military segment of the aerospace crew seats market.
“As of February 2018, the Pentagon requested a major boost in military spending for 2019, requesting Congress to approve a budget of $686 billion, out of the total budget request of $716 billion for national security, citing increasing threats from China and Russia,”, says a senior research analyst at Technavio for the aerospace industry.
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Companies covered
The aerospace crew seats market is slightly fragmented since the market has a number of companies who offer various products. By providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by aerospace seating manufacturers, this aerospace crew seats market research report will help clients identify new growth opportunities across various geographic regions.
The report offers a complete analysis of aerospace seating manufacturers including –
- BAE Systems
- Rockwell Collins
- STELIA Aerospace
- UNITED TECHNOLOGIES
- ZODIAC AEROSPACE
Aerospace crew seats market growth based on geographic regions
- Americas
- APAC
- EMEA
With a complete study of the growth opportunities for the companies across regions such as the Americas, APAC, and EMEA, our industry research analysts have estimated that countries in the Americas will contribute to the maximum growth of this aerospace crew seats market throughout the predicted period. Increase in defense spending in this region has spurred the growth in the military segment of the aerospace crew seats market.
Aerospace crew seats market growth based on application
- Commercial, business, and cargo aviation
- Military aviation
According to our market research experts, the commercial, business, and cargo aviation segment will account for the maximum share of the market. However, the military aviation segment will see the maximum growth of the market in the forecast period. The report also provides an accurate prediction of the contribution of the various application segments to the growth of the aerospace crew seats market size.
Key highlights of the global aerospace crew seats market for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the aerospace crew seats market during the next five years
- Precise estimation of the global aerospace crew seats market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- Growth of the aerospace crew seats industry across various geographies such as the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive information about factors that will challenge the growth of aerospace seating manufacturers
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This market research report analyzes the market outlook and provides a list of key trends, drivers, and challenges that are anticipated to impact the global aerospace crew seats market and its stakeholders over the forecast years.
Technavio’s analysts have considered how the performance of other related markets in the vertical will impact aerospace crew seats market size till 2022. Some of the markets most likely to influence the growth of the aerospace crew seats market over the coming years are the military aircraft ejection seats market and the commercial aircraft seating market.
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