Key Manufacturers Operating in Aircraft Seating Market to Hit Lucrative Growth Objectives

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Market Insights

As per recent research by MarkNtel Advisors, The Global Aircraft Seating Market size is valued at around USD 7.62 billion in 2023 and is projected to grow at a CAGR of around 7.14% during the forecast period, i.e., 2024-30.

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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Market Segmentation and Consumer Behavior:

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

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Aircraft Seating Market Geographical Analysis:

By Region:

North America
South America
Europe
The Middle East & Africa
Asia-Pacific

Key Players and Competitive Strategies in the Aircraft Seating Market

Several prominent players dominate the Aircraft Seating Market, including:

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

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Questions Addressed in this Study

1.What factors are driving the Aircraft Seating Market growth?

2.How is the Aircraft Seating Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Aircraft Seating Market?

4.What is the current size of the Aircraft Seating Market, and how is it projected to change in the future?

5.What is the future outlook for the Aircraft Seating Market in terms of technological advancements and market expansion?

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Why MarkNtel Advisors?

MarkNtel Advisors is a leading research, 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.

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Tags: Aircraft Seating Market, Aircraft Seating Market Growth, Aircraft Seating Market Share, Aircraft Seating Market Size

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