Global Aircraft Seating Market Trend, Size, Share, Trends, Growth, Report and Forecast 2024-2030

Jul 2, 2024 - 19:16

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Market Insights & Analysis: The Global Aircraft Seating Market (2024-30):

MarkNtel Advisors has published a research report on the Global Aircraft Seating Market for the forecast years, 2024-30. This research is a dependable reference for assessing historical and future data, developmental trends, and prevailing industry catalysts. Recognizing the growing demand for market research across various sectors, a comprehensive study has been formulated addressing diverse topics. Through qualitative and quantitative data, this report effectively covers key alterations, gap analyses, emerging opportunities, trends, industry dynamics, and competitive challenges.

Global Aircraft Seating Market Overview:

According to the latest report from MarkNtel Advisors, The Global Aircraft Seating Market size is valued at USD 7.62 billion in 2023 & is estimated to grow at a CAGR of around 7.14% during the forecast period, i.e., 2024-30. This comprehensive analysis contains key insights into market trends, size, projections, growth catalysts, challenges, and competitor assessments.

The report offers an in-depth evaluation of the Global Aircraft Seating Market, presenting the latest developments and providing an overview of the current market scenario. With markets gradually recovering from the impact of the pandemic, there is a notable stabilization or even an increase in disposable income in developing nations, driving the market's momentum.

Global Aircraft Seating Market Driver:

Increasing Aircraft Production to Support Market Growth – The majority of the airlines have aged aircraft due to the longer aircraft delivery period and lack of substantial funds. Based on the research it is found that the average of the popular airline, like Allegiant Air and Delta Air Lines, is 19.8 years and 17 years respectively. These aging aircraft are less fuel efficient and require frequent maintenance to ensure smooth functioning. Therefore, these airlines are increasingly purchasing new commercial planes. For instance, in 2024, Indigo, a leading aviation company, announced to add approximately 500 new planes during 2024-2030. Thus, to cater to the growing demand arising from the flight operating companies, the aircraft manufacturers are ramping up the production of the airplanes. Consequently, this surge in manufacturing is leading to an increase in the need for the seat and other essential components, driving the Global Aircraft Seating Market.

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Global Aircraft Seating Market Segmentation Analysis:

This thorough analysis of the Global Aircraft Seating Market facilitates the identification of significant market factors. The report delves into key market segments and the regional analysis outlined within this research, which will significantly aid industry players in refining their consumer targeting, strategic positioning, and overall business expansion efforts. The Market exhibits a high degree of fragmentation, categorizing into distinct segments as follows:

By Class

-First Class - Market Size & Forecast 2019-2030, USD Million

-First Class Seat Components

-Structures

Foams

-Actuators

-Electrical Fittings

-First Class Seat Materials

-Cushion Filling Materials

-Structure Materials

-Upholsteries & Seat Covers

-Business Class- Market Size & Forecast 2019-2030, USD Million

-Business Class Seat Components

Structures

-Foams

-Actuators

-Electrical Fittings

-Business Class Seat Materials

-Cushion Filling Materials

-Structure Materials

-Upholsteries & Seat Covers

-Premium Economy Class- Market Size & Forecast 2019-2030, USD Million

-Premium Economy Class Seat Components

-Structures

-Foams

-Actuators

-Electrical Fittings

-Premium Economy Class Seat Materials

-Cushion Filling Materials

-Structure Materials

-Upholsteries & Seat Covers

-Economy Class- Market Size & Forecast 2019-2030, USD Million

-Economy Class Seat Components

-Structures

-Foams

-Actuators

-Electrical Fittings

-Economy Class Seat Materials

-Cushion Filling Materials

-Structure Materials

-Upholsteries & Seat Covers

By Aircraft Type

-Narrow Body Aircraft (NBA)- Market Size & Forecast 2019-2030, USD Million

-Wide Body Aircraft (WBA)- Market Size & Forecast 2019-2030, USD Million

-Very Large Aircraft (VLA) - Market Size & Forecast 2019-2030, USD Million

-Business Jets- Market Size & Forecast 2019-2030, USD Million

-Regional Transport Aircraft (RTA) - Market Size & Forecast 2019-2030, USD Million

By End User

-OEM - Market Size & Forecast 2019-2030, USD Million

-Maintenance, Repair, and Overhaul (MRO)- Market Size & Forecast 2019-2030, USD Million

-Aftermarket- Market Size & Forecast 2019-2030, USD Million

By Seat Type

-9G- Market Size & Forecast 2019-2030, USD Million

-16G- Market Size & Forecast 2019-2030, USD Million

-21G- Market Size & Forecast 2019-2030, USD Million

By Region

-North America

-South America

-Europe

-The Middle East & Africa

-Asia-Pacific.

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Analysis of Global Aircraft Seating Market Share:

The competitive landscape of the Global Aircraft Seating Market is dissected through a thorough competitor analysis. This includes detailed insights into each company's profile, financial performance, market share, potential, Research and Development (R&D) investments, recent market initiatives, reach, strengths and weaknesses, as well as product/service launches and dominance. The information outlined above offers a comprehensive overview of the prominent market players, including,

Zodiac Aerospace (Safran), Collins Aerospace, Geven, RECARO Aircraft Seating, Jamco, HAECO, Lufthansa Technik, Stelia Aerospace, Zim Flugsitz, Acro Aircraft Seating, and Others.

Frequently Asked Questions (FAQs)

What key forces are steering the dynamics of the Global Aircraft Seating Market?
What potential opportunities and obstacles can be identified on the horizon?
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What is the estimated valuations in USD, and CAGR for the forecast years?

About Us

MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.