Global Aerospace Seating Market 2018 Key Players Zodiac Aerospace, B/E Aerospace, Aviointeriors, Thompson Aero Seating, Acro Aircraft Seating, ZIM Flugsitz, RECARO Aircraft Seating

Market Overview:-

Aerospace Seating Market is segmented based on aircrafts into narrow body, wide body, very large aircrafts, and regional jets. Narrow body aircraft is likely to dominate the industry over the forecast timeframe. Emergence of new airlines fulfilling the demand of full-service carrier (FSC) and low-cost carrier (LCC) along with rising need of single aisle aircrafts will primarily contribute to the substantial revenue generation. Aerospace seating market from very large aircrafts (VLA) will grow rapidly from 2017 to 2024 owing to increasing prominence of comfortable and advanced seating designs.

Rising air passenger traffic along with increasing modernization of aircrafts will primarily drive the industry growth. The airline operators focus on retaining their customers and maintaining their brand image, thereby offer comfortable seating environment for their passengers. This rising need has instigated regular replacement and refurbishing of the aircraft seats, escalating the revenue generation over the forecast timeframe.

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Adoption of advanced & lightweight seats is among the key trends that has gained prominence among the aerospace seating market participants. Owing to the shifting focus towards lightweight seats, numerous aircraft manufacturers are using advanced lightweight materials for development of their seats. Effective weight management of these seats help in efficient optimization of the ratio between range and payload, resulting in low fuel consumption. This high demand for low fuel consumption in modern aircrafts will further escalate the need to adopt lightweight materials. These advancements will offer stable growth prospects to the industry size till 2024.

Top Key Players:-     

The key players of global Aerospace Seating Market are Zodiac Aerospace, B/E Aerospace, Aviointeriors S.p.A, Thompson Aero Seating Ltd., Acro Aircraft Seating, ZIM Flugsitz GmBH, and RECARO Aircraft Seating.

Regional Segmentations:-

North America aerospace seating market share will showcase dominance over the forecast timeframe owing to rising deliveries of commercial aircrafts. It is attributed to a significant rise in the air passenger traffic over the past years. The Federal Aviation Administration (FAA) is making huge investments for the procurement of new advanced and lightweight aircraft seats.

Asia Pacific is anticipated to grow substantially owing to continuously growing aviation industry across the region. This growth can be credited to rising disposable income of middle class population and growth in trade and tourism, especially in the emerging economies including India and China.

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The industry is segmented based on seat class into business class, premium economy, economy, and first class. Business class is anticipated to lead the aerospace seating market over the next eight years. Substantial rise in air travel across the globe coupled with high preference of passengers towards air travel will contribute significantly towards the revenue generation. Economy class will grow substantially from 2017 to 2024 owing to rising middle class population preferring air travel.

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