Technavio has been monitoring the global commercial aircraft seating market since 2015 and the market is poised to grow by USD 4.12 billion during 2019-2023 at a CAGR of over 8% during the forecast period. Request Free Sample Pages
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Technavio has announced its latest market research report titled global commercial aircraft seating market 2019-2023. (Graphic: Business Wire)
Read the 149-page research report with TOC on "Commercial Aircraft Seating Market Analysis Report by Cabin Class (Economy class, Business class, Premium economy class, and First class), by Aircraft Type (Narrowbody, Widebody, and Regional aircraft), by Geography (APAC, Europe, MEA, North America, and South America), and Segment Forecasts, 2019 2023".
The market is driven by the growing demand for luxury air travel. Also, the use of composites and other advanced materials for seat design and construction is anticipated to further boost the growth of the commercial aircraft seating market.
A new era of luxury travel is encouraging aircraft interior designers to experiment with modern systems. Airlines are offering customized services to their HNWI passengers by integrating luxurious seats into the business-class and first-class segments of modern aircrafts such as A350 and B787. They are focusing on offering customers a relevant, personal, and exclusive experience by adopting premium seats in wide-body aircraft. Thus, the growing demand for luxury air travel is expected to drive market growth during the forecast period.
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Major Five Commercial Aircraft Seating Market Companies:
Airbus SE
Airbus SE is headquartered in the Netherlands and operates the business under various segments such as Airbus, Airbus Helicopters, and Airbus Defence and Space. The company offers Passenger seats and Pilot seats.
Aviointeriors Spa
Aviointeriors Spa is headquartered in Italy and offers products through the following business units: CREW REST, ECONOMY CLASS, PREMIUM ECONOMY, BUSINESS CLASS, and FIRST CLASS. The company provides Columbus Four, CARAVAGGIO, Galileo, and Mona Lisa.
JAMCO Corp.
JAMCO Corp. is headquartered in Japan and operates under various business segments, namely Aircraft Interiors Business, Aircraft Seat Business, Aircraft Components Business, and Aircraft Maintenance Business. The company offers Journey and DoveTail.
Safran SA
Safran SA is headquartered in France and offers products through the following business segments: Aerospace Propulsion, Aircraft Equipment, Defense, Aerosystems, and Aircraft Interiors. The company offers Z200, Z535, and Versa.
United Technologies Corp.
United Technologies Corp. is headquartered in the US and offers products through the following business segments: Otis, Carrier, Pratt Whitney, and Collins Aerospace Systems. The company provides Cabin Attendant Seating, VIP Seating, Pinnacle Economy Class Seating, and Oasis First-class Suites.
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Commercial Aircraft Seating Cabin Class Outlook (Revenue, USD Million, 2019 2023)
- Economy class
- Business class
- Premium economy class
- First class
Commercial Aircraft Seating Regional Outlook (Revenue, USD Million, 2019 2023)
- APAC
- Europe
- MEA
- North America
- South America
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View source version on businesswire.com: https://www.businesswire.com/news/home/20191210005845/en/
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