Subscribe Free
in Aircraft Interiors

Aircraft seating market to surpass $18 Bn by 2025

Posted 10 April 2019 · Add Comment

The aircraft seating market is predicted to hike from USD 12 billion in 2018 to over USD 18 billion by 2025, according to a 2019 Global Market Insights report.

 

Increasing aircraft demand owing to rising air passenger traffic across the globe will drive the market. Airliners are upgrading their aircraft fleet and introducing new routes to cater to the leisure and corporate travellers.

Advancements in seats along with enhanced ergonomic designs are contributing significantly towards improving the air travel experience. Additionally, major airliners are focusing on utilizing maximum space in their aircrafts by optimizing legroom to accommodate the high number of passengers.

Industry participants are engaged in strategic collaborations and partnerships with airline operators for introducing technologically advanced seats for air passengers. For instance, in 2017, Acro entered into a partnership with Airbus and Air New Zealand for developing an advanced economy class seat for the A320 and A320neo aircraft fleet. These are equipped with reconfigurable seat technologies with curved setback, allowing for improved seat pitch and improved legroom for passengers.

Technological advancements in aircraft seats, including the integration of sensors in seats for enabling passengers to adjust their seat position with applications and software, are providing a positive outlook for the aircraft seating market expansion. The slim profile of seats enables aircraft manufacturers to reduce the overall weight along with improving legroom space.

Narrow body aircraft seating market share is expected to witness the highest growth rate over the forecast timeframe. This growth can be attributed to the increasing demand for low-cost air carriers across the globe. Additionally, the higher fuel economy and operational efficiency along with improvements in fuel tanks and higher wing load capacities further accelerate the segment demand over the study timeframe.

Economy class dominates the aircraft seating market owing to the requirement for a higher number of seats in such aircrafts for accommodating passengers. Additionally, these seats are equipped with advanced features including extended headrest wings, magnetic meal tray and automatic control of seat temperature and movement, contributing significantly towards improving the passenger travel experience. Moreover, lower airfares along with the availability of a vast network of flight routes further accentuate the industry share over the study timeframe.

Retrofit accounted for a considerable share in the aircraft seating market. Increasing upgradation and modification of aircraft cabins for enhancing air passenger experience are supporting the market expansion.

North America aircraft seating market will showcase significant growth over the forecast timeframe owing to the high concentration of aircraft manufacturers across the region. Aircraft manufacturers are continuously investing in their manufacturing facilities for expanding aircraft production to meet order backlogs.

The major industry participants in the market include Mirus Aircraft Seating, Geven, Recaro Aircraft Seating, HAECO, Lufthansa Technik and Stelia Aerospace. The other key players include Safran, Collins Aerospace, JAMCO, Zim Flugsitz, Expliseat, Embraer Aero Seating Technologies and Iacobucci HF Aerospace. Partnership with aircraft manufacturers and airliners is the key strategy adopted by industry participants to enhance their market share.

 

* required field

Post a comment

Other Stories
Advertisement
Latest News

Dubai Airshow: EgyptAir and AerCap sign leasing agreements

EgyptAir and AerCap announced today they have executed long-term operating leases for two Boeing 787-9 aircraft, the aircraft are from AerCap’s order book with Boeing and the first unit is scheduled to deliver in 2021 with the second

Second Saudi International Airshow to be held 16-18 February

The second edition of the Saudi International Airshow will be held in Riyadh from 16 – 18 February 2021.

Dubai Airshow: Embraer unveils its multi-mission medium airlift name and designation

Embraer yesterday announced the name and designation of its multi-mission medium aircraft, the Embraer C-390 Millennium. The new designation reflects increased flexibility and value for operators that look for a transport/cargo

Dubai Airshow: Air Arabia signs orders 120 Airbus A320neo family aircraft

Air Arabia has signed a firm order for 120 Airbus aircraft comprising 73 A320neos, 27 A321neos and 20 A321XLRs.

Dubai Airshow: Etihad Airways and Boeing announce first-of-its-kind ‘eco partnership’

Etihad Airways and Boeing today announced a first-of-its-kind ‘eco partnership’, in which a specially-themed Boeing 787 Dreamliner will be used to test products, procedures and initiatives designed to reduce aircraft carbon

Dubai Airshow: SunExpress in new $1.2 billion MAX order

Turkish-German leisure operator, SunExpress, joined International Airlines Group (IAG) in a vote of confidence in the grounded Boeing 737 MAX by exercising 10 options for the type at the show.

WASS SK0210101219
See us at
AVMENA20 BT1309100620Dubai AS BT2006211119AVAFA20BT2607050320