Global Aircraft Cabin Interiors Market to Reach $40.8 Billion by 2026

SAN FRANCISCO , April 18, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Aircraft Cabin Interiors - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
What's New for 2022?

• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to our digital archives and MarketGlass Research Platform
• Complimentary updates for one year

Edition: 6; Released: February 2022
Executive Pool: 4524
Companies: 76 - Players covered include Astronics Corp.; BAE Systems plc; Bucher Group; Cobham plc; Collins Aerospace; Diehl Stiftung & Co. KG; FACC AG; Global Eagle Entertainment Inc.; Gogo LLC; Honeywell International, Inc.; JAMCO Corp.; Panasonic Avionics Corp.; RECARO Aircraft Seating GmbH & Co. KG; Safran S.A.; Thales S.A. and Others.
Coverage: All major geographies and key segments
Segments: Type (Seating, IFE, Lighting, Galley, Lavatory, Windows & Windshields, Stowage Bin, Panels); Material (Composites, Alloys, Other Materials); End-Use (OEM, Aftermarket, MRO)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Complimentary Project Preview - This is an ongoing global program. Preview our research program before you make a purchase decision. We are offering a complimentary access to qualified executives driving strategy, business development, sales & marketing, and product management roles at featured companies. Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more. You may also build your own bespoke report using our MarketGlass™ Platform which offers thousands of data bytes without an obligation to purchase our report. Preview Registry

ABSTRACT-

Global Aircraft Cabin Interiors Market to Reach $40.8 Billion by 2026

An aircraft cabin is the portion of an aircraft in which passengers and flight attendants are lounged during their stay in the aircraft. In commercial aircraft, the cabin may be divided into several parts such as dedicated areas for passengers by class, specified areas for flight attendants, and the storage and galley for in-flight service, each of which require specialized cabin interior solutions to serve the intended purposes. Aircraft cabin interiors include products such as Seating, In-flight Entertainment (IFE), Lighting Solutions, Galley, Lavatory, Windows & Windshields, Stowage Bin, and Panels, among others. Aircraft cabin interiors are made in Retrofit and Linefit designs in various configurations and designs for commercial aircrafts, helicopters, light aircrafts, and business jets. Various types of materials are utilized in making aircraft cabin interior solutions, primary types being Aluminum alloys, steel alloys, and composites. Recent years saw rise of composites as preferred materials for making cabin interiors, because of their low-weight, durability, low-maintenance, and relative eco-friendly characteristics.

Travel class categorization is done on the basis of travel fare and amenities provided such as first class, business class, premium economy class, and economy class. Seats are usually arranged in rows and alleys, and seating space is typically more for higher travel class segments. Some airline operators divide cabins of the different travel classes by curtains, often referred to as 'class dividers'. Aircraft cabins are usually equipped with in-flight entertainment systems. While long- and ultra-long haul flights mostly contain personal screens with facility to enable passengers view programs of their choice, short- and medium-haul flights tend to have shared screens or no screens in their cabins. Generally in commercial flights, passengers of lower travel class are not allowed to visit higher travel class cabins.

Amid the COVID-19 crisis, the global market for Aircraft Cabin Interiors estimated at US$33.2 Billion in the year 2022, is projected to reach a revised size of US$40.8 Billion by 2026, registering a compounded annual growth rate (CAGR) of 5.6% over the analysis period. The United States represents the largest regional market for Aircraft Cabin Interiors and is projected to reach US$14 Billion by 2026. China is expected to spearhead growth and emerge as the fastest growing regional market with a CAGR of 8.9% over the analysis period. Going forward, in the post pandemic period, market for aircraft cabin interior solutions is likely to maintain upward momentum. Progressive trend in the civil aviation sector and growing share of wide-body aircraft in total deliveries, on the back of fast growing air passenger and air freight volumes, is likely to widen the opportunities for aircraft cabin interior solutions. The market is also likely to gain from the healthy trajectory in the defense sector, with growing orders for sophisticated military aircraft and helicopters across geographies amid escalating geo-political tensions and intensified arms race in some parts of the world. At the same time, advancements in material technologies, roll out of high-corrosion-resistant and ultra-lightweight components, and growing importance of composite interiors are expected to accelerate market demand. Sustained emphasis on innovations with multiple objectives to minimize the aircraft weight, improve sidewall panels and floor panels, provide additional luggage space, and integrate non-electrical floor lightening, would aid market expansion in the coming years. Aircraft cabin interior vendors such as Honeywell International and United Technologies have made substantial improvements to their cabin interior solutions during recent years, and given the current regulatory emphasis on improving air travel and its impact on environment, cabin interiors in novel designs are likely to surface on a regular basis.

Developed regions including the US, Canada, Japan and Europe, constitute the primary revenue contributors to the world market for aircraft cabin interior solutions. In the developed world, aviation sector is highly established and air travel scenario remains robust with aircraft enjoying the image as preferred mode of transport for local, regional and foreign travel. In order to better serve the passengers, aviation operators place high level emphasis on strict MRO schedules, regular aircraft replacements, and latest aircraft models, which enhance and improve the demand for various aerospace products including aircraft cabin interiors. Like civil aviation, military aviation is also highly established in the developed world, with countries such as the US, the UK, France, Germany and Japan, leading from the front. With major aerospace companies holding large order books for civil, general and military aviation, the scenario remains robust for aircraft cabin interiors in the developed world. Although developed regions have bigger revenue share, developing regions, particularly China and Asia-Pacific, are demonstrating fast paced growth. China represents the fastest growing market for aircraft cabin interior solutions. In the past few years, the country has been witnessing a significant rise in demand for new aircraft on account of the economic growth and an increase in disposable income that has led to the rapid increase in the number of air travellers and low-cost carriers, which is expected to drive growth in the domestic market. Moreover, there has been a significant increase in the inflow of foreign capital and rise in the establishment of new production facilities because of easy availability of raw materials and low-cost labor, which are likely to further accelerate the market growth in the country. More

MarketGlass™ Platform
Our MarketGlass™ Platform is a free full-stack knowledge center that is custom configurable to today`s busy business executive`s intelligence needs! This influencer driven interactive research platform is at the core of our primary research engagements and draws from unique perspectives of participating executives worldwide. Features include - enterprise-wide peer-to-peer collaborations; research program previews relevant to your company; 3.4 million domain expert profiles; competitive company profiles; interactive research modules; bespoke report generation; monitor market trends; competitive brands; create & publish blogs & podcasts using our primary and secondary content; track domain events worldwide; and much more. Client companies will have complete insider access to the project data stacks. Currently in use by 67,000+ domain experts worldwide.

Our platform is free for qualified executives and is accessible from our website www.StrategyR.com or via our just released mobile application on iOS or Android

About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

LINKS
Join Our Expert Panel
https://www.strategyr.com/Panelist.asp

Connect With Us on LinkedIn
https://www.linkedin.com/company/global-industry-analysts-inc./

Follow Us on Twitter
https://twitter.com/marketbytes

Journalists & Media
[email protected]

SOURCE Global Industry Analysts, Inc.