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Elevating Travel Experiences: Aircraft Cabin Interior Market 2024 | Analysis, Growth, and Outlook
Aircraft Cabin Interior Market
The aircraft cabin interior market size is expected to see strong growth in the next few years. It will grow to $37.36 billion in 2028 at a compound annual growth rate (CAGR) of 9.8%. The growth in the forecast period can be attributed to passenger experience enhancement, personalization and customization, space optimization, health and safety considerations, cost-efficiency and lightweight materials. Major trends in the forecast period include cultural and regional preferences, adoption of lightweight materials, premium cabin offerings, biophilic design elements, aesthetic design innovations.
Market Overview -
Aircraft cabin interior refers to the compartment in an aircraft that accommodates passengers and the aircraft systems needed for the passengers' comfortable and safe travel. The aircraft cabin's interior is ergonomically designed, has a pleasing appearance, proper space utilization, and user-friendly functionalities, and incorporated technical components.
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Rising Demand For New Aircraft Drives Growth In The Aircraft Cabin Interior Market
An increase in demand for new aircraft is driving the growth of the aircraft cabin interior market. There is an increase in the demand for aircraft due to the increase in air passenger traffic and cargo volumes. Commercial airline operators across the globe are expanding their aircraft fleets to meet this increasing demand. Aircraft cabin interiors are used to make the flight experience comfortable and worthy enough. For instance, according to the International Civil Aviation Organization, a Canada-based specialized agency of the United Nations, demand for air transport will increase by an average of 4.3% per annum by 2040. Moreover, according to Airbus, a Netherlands-based aerospace company, demand for passenger traffic will grow annually by 3.6% over the next 20 years. Hence, an increase in demand for new aircraft will propel the aircraft cabin interior market.
Competitive Landscape -
Major companies operating in the aircraft cabin interior market report are Safran S.A., Honeywell International Inc., Recaro Holding, Collins Aerospace, JAMCO Corporation, Astronics Corporation, Turkish Cabin Interior, Cobham Limited, Die Diehl Stiftung & Co. KG, Panasonic Avionics Corporation, HAECO Americas LLC, SCI Cabin Interiors, Geven S.p.A., Aviointeriors S.p.A., Bucher Leichtbau AG, Thales Group, Thompson Aero Seating, The Boeing Company, Gogo Inc., Global Aerospace Logistics (GAL), Hong Kong Aircraft Engineering Company Limited, Singapore Technologies Engineering Ltd., Acro Aircraft Seating, Boeing Encore Interiors LLC, AIM Altitude Limited, B/E Aerospace Inc., GKN Aerospace Limited, Greenpoint Technologies, United Technologies Corporation, Lacobucci
Innovative And Sustainable Cabin Interioris A Paradigm Shift In The Aircraft Industry
Technology innovation is a key trend gaining popularity in the aircraft cabin interior market. Major players operating in the market are developing innovative cabin interiors using sustainable and eco-friendly materials. Using sustainable and eco-friendly materials will lead to a clean and green environment in aircraft. For instance, in September 2021, AJW Group, a UK-based independent parts, repair, and supply chain solutions provider, partnered with Autostop Aviation to develop AJW Technique Interiors. The AJW Technique Interiors branch manufactures synthetic leather, seat covers, life vest pouches, carpet kits, and others. The seat covers used are eco-friendly and lightweight, with easy-to-clean technology. It will help airlines worldwide save money and operate more efficiently. With 1mm quality tolerances, volume pricing, and embedded Six Sigma principles-practiced as normal in the automotive industry-the new cooperation provides airlines with lean seat cover production. Autostop Aviation is a Serbia-based company that designs and manufactures aircraft seats.
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Key Segments -
The aircraft cabin interior market covered in this report is segmented -
1) By Type: Aircraft Seating, In-Flight Entertainment And Connectivity, Aircraft Cabin Lighting, Aircraft Galley, Aircraft Lavatory, Aircraft Windows And Windshields, Aircraft Stowage Bins, Aircraft Interior Panels
2) By Class: First Class, Business Class, Economy And Premium Economy Class
3) By Aircraft Type: Narrow Body Aircraft, Wide Body Aircraft, Business Jets, Regional Transport Aircraft
4) By Material: Alloys, Composites, Other Materials
5) By End User: OEM, Aftermarket
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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