NEW YORK, July 16, 2015 /PRNewswire/ -- The seat actuation systems market is projected to grow at a CAGR of 13.02% during the forecast period (2015-2020). This report includes the financial analysis of key market players, historical market analysis, technology trends, market environment analysis, industry overview, which includes supply chain analysis, value chain analysis, and demand model for the market. The report also includes the key drivers and restraints which affect the growth of the market, along with their degree of impact.
Rise in aircraft orders, improved lightweight seat designs, and growth in premium air travel are some of the key factors that are fueling the growth of the seat actuation systems market. Rise in number of low cost carriers and high cost of ownership are some of the factors that may hamper the growth of the market in coming years.
Replacement and repair as well as regulatory frameworks and certifications pose a challenge for the aircraft seat actuation systems market. Growth in global air travel and technological advancements provide opportunities for the seat actuation systems market.
The emerging markets, such as China and India, will provide huge opportunities for seat actuation system manufacturers due to growth in premium air travel by these countries. The key players in the seat actuation systems market include Crane Aerospace & Electronics, Inc. (U.S.), Zodiac Aerospace S.A. (France), ITT Corporation (U.S.), Buhler Motor GmbH (Germany), and PGA Electronics S.A. (France).
This research report is consolidated business intelligence on the seat actuation systems market. It will also help the aircraft seating industry and its stakeholders to identify hot revenue pockets in this market. The percentage splits and market shares are validated by primary sources.
SCOPE OF THE REPORT
This research report categorizes the seat actuation systems market into the following segments and sub-segments:
Seat Actuation Systems Market, by Seat Type
- First Class
- Business Class
- Premium Economy Class
- Economy Class
Seat Actuation Systems Market, by Actuator Type
Seat Actuation Systems Market, by Mechanism Type
Seat Actuation Systems Market, by Region
- North America
- Rest of the World
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