DUBLIN, July 6, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Commercial Aircraft Seating Market 2016-2020" report to their offering.
The global commercial aircraft seating market to grow at a CAGR of 7.83% during the period 2016-2020.
Global Commercial Aircraft Seating Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
A trend that has contributed to market growth is the retrofitting of aircraft seats. In 2013, Southwest and United Airlines retrofitted more seats in their aircraft to increase profit and reduce fuel consumption. Similarly, American airlines added five additional seats on MD-80 planes and an additional row on its Boeing 737s. Delta also retrofitted new slimline seats on its MD-90s, Boeing 737s, 747s, and some 757s. These seats offer space for an additional five to six passengers on a plane. Southwest also added an additional row on most of its fleet.
According to the report, a key growth driver is the increase in air traffic. In 2014, there were 17,354 aircraft in operation, which is likely to be replaced by 31,781 aircraft over the next 20 years. India, particularly, had a passenger traffic of over 163 million in 2013. In addition, it is expected to have more than 800 aircraft by 2020, which would simultaneously increase the air traffic in the country. Similarly, according to International Air Transport Association (IATA), the airports of Qatar, the UAE, Oman, and Kuwait are expected to handle 400 million passengers annually by 2020.
Further, the report states that one challenge that could restrict market growth is flaws in the aircraft seat design. Most aircraft seats are not intended to accommodate the human body in its various shapes and sizes entirely. Seat designers often assume that nearly everyone will fit in the 95th percentile of measurements.
- B/E Aerospace
- RECARO Aircraft Seating
- Zodiac Aerospace
Other prominent vendors
- Aero Seating Technologies
- Pitch Aircraft Seating Systems
- Thompson Aeroseating
- ZIM Flugsitz
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Global aerospace and defense supply chain system
Part 07: Global aerospace and defense value chain system
Part 08: Market segmentation by aircraft type
Part 09: Market segmentation by product
Part 10: Geographical segmentation
Part 11: Market drivers
Part 12: Impact of drivers
Part 13: Market challenges
Part 14: Impact of drivers and challenges
Part 15: Market trends
Part 16: Vendor landscape
Part 17: Key vendor analysis
Part 18: Appendix
Part 19: About the Author
For more information visit http://www.researchandmarkets.com/research/3nnlg8/global_commercial
Research and Markets
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SOURCE Research and Markets