Commercial Aircraft Seating Market Scope
The global commercial aircraft seating market is expected to grow at a significant rate during the forecast period, according to the AMA study. Continuous rising production of commercial aircraft and rising global commercial aircraft fleet is expected to be the major drivers of this market. In addition, rising global air passenger traffic is another major factor aiding into the growth of the commercial aircraft seating market globally.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Adient Aerospace LLC (United States), Allen Group Limited (United Kingdom), Aviointeriors S.p.A. (Italy), Collins Aerospace (United States), Embraer Aero Seating Technologies, LLC (United States), Expliseat SAS (France), Geven S.p.a. (Italy), HAECO Americas (United States), IACOBUCCI HF Aerospace S.p.A. (Italy), JACOB-INNOVATIONS, LLC (United States), JAMCO Corporation (Japan), Lufthansa Technik (Germany), Mirus Aircraft Seating (United Kingdom), RECARO Aircraft Seating GmbH & Co. KG (Germany), Safran (France), STELIA Aerospace (France), Thompson Aero Seating Limited (United Kingdom) and ZIM FLUGSITZ GMBH (Germany) |
CAGR | % |
The vendors in this market are majorly focusing on developing innovative aircraft seating solutions to cater to the industry demands in order to remain competitive in the global market. For instance, in May 2019, Collins Aerospace announced that it will launch a new generation EVOLUTION seats which combine commercial first-class seating with executive aircraft seating. Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Commercial Aircraft Seating market throughout the predicted period.
Adient Aerospace LLC (United States), Allen Group Limited (United Kingdom), Aviointeriors S.p.A. (Italy), Collins Aerospace (United States), Embraer Aero Seating Technologies, LLC (United States), Expliseat SAS (France), Geven S.p.a. (Italy), HAECO Americas (United States), IACOBUCCI HF Aerospace S.p.A. (Italy), JACOB-INNOVATIONS, LLC (United States), JAMCO Corporation (Japan), Lufthansa Technik (Germany), Mirus Aircraft Seating (United Kingdom), RECARO Aircraft Seating GmbH & Co. KG (Germany), Safran (France), STELIA Aerospace (France), Thompson Aero Seating Limited (United Kingdom) and ZIM FLUGSITZ GMBH (Germany) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Commercial Aircraft Seating market by Type , by Application (Passenger Seats, Pilot Seats and Others) and Region with country level break-up.
On the basis of geography, the market of Commercial Aircraft Seating has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2022.
Market Leaders and their expansionary development strategies
In November 2019, Adient Aerospace LLC, a wholly-owned subsidiary of Boeing announced that it has acquired LIFT by EnCore to expand its presence in aircraft seating solutions.
In May 2019, Lufthansa Technik and Iacobucci HF Aerospace announced a joint venture agreement to integrate the products of chair family of aviation seating into the Iacobucci´s cabin seating portfolio.
Regulations to Install 16G Seats in All Aircraft
Influencing Trend:
Developments in Assessing Levels of Flame Retardancy of Aircraft Seat Textiles and The Growing Adoption of Light Weight Materials for Aircraft Seat Manufacturing in Order to Reduce the Overall Weight of an Aircraft Seating to Boost the Fuel Efficiency
Market Growth Drivers:
The Rising Global Aircraft Production & Fleet, The Rising Global Passenger Traffic Due to Rising Disposable Income Across Emerging Economies & Availability of Affordable Airline Services and Increasing Number of Retrofitting Operations in Existing Aircraft Fleet Globally
Challenges:
High Installation & Replacement Cost
Restraints:
Regulatory Certifications & Frameworks
Opportunities:
Expected Deliveries of More Than 38,000 Commercial Aircraft During the Next 20 Years will Create Huge Opportunities for Market Vendors During the Forecast Period
Analyst View
The players of this market are focused towards catering new requirements of new generation aircraft models and growing aircraft fleet by developing new seating solutions to meet the industry's demands. For instance, in April 2018, Rockwell Collins announced that Oman Air’s Boeing 737 MAX aircraft became the first aircraft to deploy the company's product Air Rest luxury business class seating solution for narrow-body aircraft in its fleet.
Key Target Audience
Aircraft OEMs, Aircraft Seating Manufacturers, New Entrants/Investors, Analysts and Strategic Business Planners and Providers, Venture Capitalists and Private Equity Firms and Government Regulatory and Research Organizations