DUBLIN, Sept. 16, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/n4s84j/aircraft_seat) has announced the addition of the "Aircraft Seat Actuation Systems Market by Seat Type, by Actuator Type, by Mechanism Type, by Geography - Forecast & Analysis to 2015-2020" report to their offering.
The market size is projected to reach $348.92 Million by the end of 2020, at CAGR of 13.02% between 2015 and 2020.
Several factors, including increasing aircraft orders, demand for lightweight seat designs and components, and growth in premium air travel are expected to drive the seat actuation systems market in coming years.
On the basis of region, this market is classified into North America, Europe, Asia-Pacific, and Rest of the World. In 2015, the seat actuation systems market is estimated to be dominated by Europe whereas highest growth rate is expected to be witnessed by the Asia-Pacific region during the forecast period. The high growth rate is attributed to rising air travel in recent years in emerging economies, such as India and China. As demand for air travel increases, more number of seat actuation systems would be required.
The linear actuator segment is projected to capture the largest market share among mechanism type segment in 2015. It is also projected to grow at the highest CAGR of 13.72% by 2020. The electro-mechanical segment is projected to account for a larger market share of more than 95% during the forecast period among actuator type segments.
New product launches is the key strategy adopted by the leading players to develop and sustain their position in the global seat actuation systems market. Other strategies, such as partnerships, agreements, collaborations, joint ventures, and acquisitions were also adopted by a significant number of market players to strengthen their product portfolios and to expand their geographic presence.
Key players in this market include Crane Aerospace & Electronics, Inc. (U.S.), Zodiac Aerospace S.A. (France), ITT Corporation (U.S.), Buhler Motor GmbH (Germany), PGA Electronics S.A. (France), Rollon S.P.A. (Italy), Elektro-Metall Export GmbH (Germany), Almec EAS Ltd. (U.K.), AirWorks, Inc. (U.S.), Nook Industries (U.S.), and Dornier Technologie GmbH & Co. KG (Germany).
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Aircraft Seat Actuation Systems Market, By Seat Type
8 Aircraft Seat Actuation Systems Market, By Actuator Type
9 Aircraft Seat Actuation Systems Market, By Mechanism Type
10 Aircraft Seat Actuation Systems Market, By Geography
11 Competitive Landscape
12 Company Profiles
For more information visit http://www.researchandmarkets.com/research/n4s84j/aircraft_seat
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets