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
- Economy Class Seat Components
- Premium Economy Class Seat Components
- Business Class Seat Components
- First Class Seat Components
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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