Aircraft Seating Market 2019 - Global Forecast to 2025: Leading Players are Zodiac Aerospace, Collins Aerospace, Geven, RECARO, Aviointeriors, JAMCO, HAECO Americas, and Lufthansa Technik

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Feb 11, 2019, 08:30 ET

DUBLIN, Feb. 11, 2019 /PRNewswire/ --

The "Aircraft Seating Market by Class, Type, End Use, Aircraft Type, Materials, Components, and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

The aircraft seating market is projected to grow from USD 6.4 billion in 2018 to USD 10.5 billion by 2025, at a CAGR of 7.25% during the forecast period from 2018 to 2025.

This market's growth can be attributed to the increased demand for seats installed with in-flight entertainment systems, which have become an alternate source of income for most airlines. The ancillary revenue obtained from these systems is helping airlines in maintaining and enhancing the quality of their onboard services. Several airlines use different sources, such as onboard shopping, Wi-Fi connectivity, and advertising to generate revenue. However, the limited number of profitable airlines in emerging economies is expected to restrain the growth of the market.

Aircraft seating includes seats that are installed in aircraft cabins. Aircraft seats may differ from class to class, depending on the requirements of individual airlines. These seats also differ based on comfort level offered and their costs. Aircraft seats are often equipped with either mechanical or electrical reclining mechanism to increase passenger comfort. Mechanically reclining aircraft seats are installed in economy class for aircraft meant for short-haul flights, while electrically reclining aircraft seats are installed in the first class and business class of aircraft used for long-haul flights.

In recent years, there has been a rise in the number of passengers opting for air travel, especially in the emerging economies such as India and China due to rise in disposable income of masses, coupled with the availability of low-cost flights and increased demand for enhanced passenger comfort. As the number of air passengers has increased across the globe, it has led to an increased requirement for aircraft seats. After the recession of 2008, major airlines across the globe started retrofitting their aircraft seats by using lightweight composite materials. This led to reduced space requirement in aircraft and increased fuel efficiency, thereby boosting the profitability of airlines.

The aircraft seating market has been growing at a significant rate over the last few years, and this trend is expected to continue during the forecast period. Use of advanced materials for manufacturing aircraft seating and the advent of in-flight entertainment technology are also fueling the growth of the aircraft seating market. Moreover, increasing number of new aircraft deliveries, growing requirement for the maintenance of existing aircraft, and rising demand for premium economy class seats in aircraft are also fueling the growth of this market.

Apart from a general overview of the major companies operating in the aircraft seating market, this report also provides financial analysis of companies, information on their products & services, and key developments undertaken by them to strengthen their position in the market.

Zodiac Aerospace (Safran) (France), Collins Aerospace Inc (US), Geven S.p.A (Italy), RECARO Aircraft Seating GmbH & Co. KG. (Germany), Aviointeriors S.p.A (Italy), JAMCO Corporation (Japan), HAECO Americas (US), and Lufthansa Technik (Germany), are some of the leading players covered in this report.

Market Dynamics

Drivers

Growing Demand for Seats Installed With Ifec Systems
Increasing Number of Premium Economy Seats
Increasing Aircraft Orders
Maintenance & Retrofitting of Existing Aircraft

Restraints

Shortage of Profitable Airlines in Emerging Economies
Regulatory Frameworks and Certifications

Opportunities

Rise of Low-Cost Airlines

Challenges

Regulations to Install 16g Seats in All Aircraft
Delay in Aircraft Deliveries
High Installation Cost

Companies Mentioned

Acro Aircraft Seating
Airgo Design
Aviointeriors
Collins Aerospace
Embraer Aero Seating Technologies (East)
Expliseat
Geven
HAECO
Iacobucci HF Aerospace
Inseat Solutions LLC
JAMCO
JPA Design
Lift By Encore
Lufthansa Technik
Mac Interiors
Mirus Aircraft Seating
Recaro Aircraft Seating
Stelia Aerospace
Thomson Aero Seating
Zim Flugsitz
Zodiac Aerospace (Safran)

For more information about this report visit https://www.researchandmarkets.com/research/xf3kk5/aircraft_seating?w=5

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