Aircraft Seating Market - Forecast to 2021

“Growing air traffic is the key factor impacting the growth dynamics of the global aircraft seating market”

The global aircraft seating market is expected to grow from USD 8.74 billion in 2016 to USD 16.94 billion by 2021, at a CAGR of 14.15% from 2016 to 2021. The market is mainly driven by factors such as the increasing air traffic, aircraft deliveries, and upgradation of aircraft programs. Similarly, factors such as the requirement of huge investments and a longer clearance period are the biggest restraints for this market.

“The VLA segment of the global aircraft seating market is expected account for the largest share during the forecast period”

The key segments considered in the aircraft type are NBA, WBA, VLA and RTA. The VLA is projected to account for the largest share during the forecast period, owing to the increasing demand for Boeing’s 747-8 and Airbus’ A380. The WBA segment accounted for the second largest share of the global aircraft seating market in 2016.

“The seat actuator subsegment is expected to grow at the highest pace during the forecast period”

The key subsegments of the aircraft seating component segment are seat actuators, foam & fittings and others. Among them, the seat actuator subsegment is projected to grow at the highest CAGR during the forecast period, as there is an increase in the requirement of actuators for advanced seat design. They are installed at the seat back, seat heads, seat rest, and so on with consideration for passenger comfort. The others segment accounted for the largest share of the global aircraft seating market, by component, in 2016.

“North America led the global aircraft seating market, whereas the market in the Asia-Pacific region is projected to grow at the highest rate”

In 2016, North America led the global aircraft seating market, and is expected to continue its dominance till 2021. North America has the maximum number of aircraft seat manufacturers. The aircraft seating market in the Asia-Pacific region is projected to grow at the highest CAGR during the forecast period. Growth in air travel is the major reason behind the increased orders for aircraft, which is expected to boost the global aircraft seating market.

Break-up of profile of primary participants for the global aircraft seating market.

‧ By Company Type - Tier 1 – 35%, Tier 2 – 45%, and Tier 3 – 20%
‧ By Designation – C level – 35%, Director level – 25%, Others – 40%
‧ By Region – North America - 45%, Europe – 20%, Asia-Pacific – 30%, RoW – 5%

Major companies profiled in the report include B/E Aerospace, Inc. (U.S.), Zodiac Aerospace (France), RECARO Aircraft Seating GmbH & Co. KG (Germany), and Geven S.p.A (Italy) among others.

This research report categorizes the global aircraft seating market into the following segments and subsegments: On the basis of aircraft type (NBA, WBA, VLA, & RTA), on the basis of seat class (first class, business class, premium economy class and economy class), on the basis of component (seat actuators, foam & fittings, and others), and on the basis of fit (line-fit and retrofit), and maps these segments and subsegments across major regions worldwide, namely, North America, Europe, Asia-Pacific, the Middle East, and Rest of the World.

Reasons to buy this report:
From an insight perspective, this research report has focused on various levels of analyses—industry analysis (industry trends), market share analysis of top players, supply chain analysis, and company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging and high-growth segments of the global aircraft seating market; high-growth regions; and market drivers, restraints, and opportunities.

The report provides insights on the following pointers:
‧ Market Penetration: Comprehensive information on galley equipment offered by the top players in the global aircraft seating market

‧ Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the global aircraft seating market

‧ Market Development: Comprehensive information about lucrative emerging markets – the report analyzes the markets for aircraft seating across regions

‧ Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the global aircraft seating market

‧ Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global aircraft seating market

TABLE OF CONTENTS

1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15
1.2 MARKET DEFINITION 15
1.3 STUDY SCOPE 16
1.3.1 MARKETS COVERED 16
1.3.2 GEOGRAPHIC SCOPE 16
1.3.3 YEARS CONSIDERED FOR THE STUDY 17
1.4 CURRENCY & PRICING 17
1.5 LIMITATIONS 17
1.6 STAKEHOLDERS 18
2 RESEARCH METHODOLOGY 19
2.1 INTRODUCTION 19
2.2 RESEARCH DATA 20
2.2.1 SECONDARY DATA 20
2.2.1.1 Key data from secondary sources 21
2.2.2 PRIMARY DATA 21
2.2.2.1 Key data from primary sources 21
2.2.2.2 Key industry insights 22
2.2.2.3 Breakdown of primaries 22
2.3 FACTOR ANALYSIS 23
2.3.1 INTRODUCTION 23
2.3.2 DEMAND SIDE INDICATORS 23
2.3.2.1 Global growth in air travel 23
2.3.3 SUPPLY SIDE INDICATORS 24
2.3.3.1 Growth of light weight aircraft seats 24
2.4 MARKET SIZE ESTIMATION 25
2.4.1 BOTTOM-UP APPROACH 25
2.4.2 TOP-DOWN APPROACH 26
2.5 MARKET BREAKDOWN & DATA TRIANGULATION 27
2.6 RESEARCH ASSUMPTIONS 28
3 EXECUTIVE SUMMARY 29
4 PREMIUM INSIGHTS 34
4.1 ATTRACTIVE MARKET OPPORTUNITIES IN THE COMMERCIAL AIRCRAFT SEATING MARKET 34
4.2 COMMERCIAL AIRCRAFT SEATING MARKET, BY AIRCRAFT TYPE, 2016 VS 2021 34
4.3 COMMERCIAL AIRCRAFT SEATING MARKET 35
4.4 COMMERCIAL AIRCRAFT SEATING MARKET, BY SEAT CLASS 35
4.5 COMMERCIAL AIRCRAFT SEATING MARKET, BY FIT 36
4.6 COMMERCIAL AIRCRAFT SEATING MARKET, BY COMPONENT 36
4.7 LIFE CYCLE ANALYSIS, BY REGION 37
5 MARKET OVERVIEW 38
5.1 INTRODUCTION 38
5.2 EVOLUTION 38
5.3 MARKET SEGMENTATION 39
5.3.1 BY SEAT CLASS 39
5.3.2 BY AIRCRAFT TYPE 40
5.3.3 BY FIT 40
5.3.4 BY COMPONENT 40
5.4 MARKET DYNAMICS 41
5.4.1 DRIVERS 41
5.4.1.1 Rapid growth in aircraft deliveries 41
5.4.1.2 Rising demand for new aircraft 42
5.4.1.3 Upgradation of aircraft programs to reduce operating cost 43
5.4.2 RESTRAINTS 43
5.4.2.1 High amount of investment and longer clearance period 43
5.4.3 OPPORTUNITIES 43
5.4.3.1 Huge demand for aircraft seat in the retrofit market 43
5.4.3.2 Development of new aircraft models 44
5.4.3.3 Influence of low cost carrier 44
5.4.4 CHALLENGES 44
5.4.4.1 Delay in aircraft deliveries 44
6 INDUSTRY TRENDS 46
6.1 INTRODUCTION 46
6.2 VALUE CHAIN ANALYSIS 46
6.3 TECHNOLOGY TRENDS AND INNOVATIONS IN AIRCRAFT SEATING DESIGNS 47
6.4 PATENT REGISTRATIONS, 2009-2016 49
7 COMMERCIAL AIRCRAFT SEATING MARKET, BY SEAT CLASS 50
7.1 INTRODUCTION 51
7.2 FIRST CLASS 52
7.3 BUSINESS CLASS 53
7.4 PREMIUM ECONOMY CLASS 54
7.5 ECONOMY CLASS 55
8 COMMERCIAL AIRCRAFT SEATING MARKET, BY FIT 56
9 COMMERCIAL AIRCRAFT SEATING MARKET, BY COMPONENT 58
9.1 INTRODUCTION 59
9.2 SEAT ACTUATORS 60
9.3 FOAMS & FITTINGS 60
9.4 OTHERS 61
10 COMMERCIAL AIRCRAFT SEATING MARKET, BY AIRCRAFT TYPE 62
10.1 INTRODUCTION 63
10.2 WIDE BODY AIRCRAFT 64
10.3 NARROW BODY AIRCRAFT 65
10.4 VERY LARGE AIRCRAFT 66
10.5 REGIONAL TRANSPORT AIRCRAFT 67
11 REGIONAL ANALYSIS 68
11.1 COMMERCIAL AIRCRAFT SEATING LINE-FIT MARKET 69
11.1.1 INTRODUCTION 69
11.1.1.1 By aircraft type 69
11.1.1.2 By seat class 69
11.1.1.3 By region 70
11.1.2 NORTH AMERICA 70
11.1.2.1 U.S. 73
11.1.2.2 Canada 74
11.1.3 EUROPE 74
11.1.3.1 U.K. 77
11.1.3.2 France 78
11.1.3.3 Germany 79
11.1.3.4 Rest of Europe 80
11.1.4 ASIA-PACIFIC 80
11.1.4.1 China 83
11.1.4.2 Rest of Asia-Pacific 84
11.1.5 REST OF THE WORLD 84
11.1.5.1 Latin America 86
11.1.5.2 Africa 87
11.2 COMMERCIAL AIRCRAFT SEATING RETROFIT MARKET 88
11.2.1 INTRODUCTION 88
11.2.1.1 By aircraft type 88
11.2.1.2 By seat class 88
11.2.1.3 By region 89
11.2.2 NORTH AMERICA 90
11.2.2.1 U.S. 92
11.2.2.2 Canada 93
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11.2.3 EUROPE 93
11.2.3.1 U.K. 96
11.2.3.2 France 97
11.2.3.3 Germany 98
11.2.3.4 Italy 99
11.2.3.5 Rest of Europe 100
11.2.4 ASIA-PACIFIC 100
11.2.4.1 China 102
11.2.4.2 India 103
11.2.4.3 Japan 104
11.2.4.4 Australia 105
11.2.4.5 Rest of APAC 106
11.2.5 MIDDLE EAST 107
11.2.5.1 UAE 109
11.2.5.2 Saudi Arabia 110
11.2.5.3 Rest of Middle East 111
11.2.6 REST OF THE WORLD 111
11.2.6.1 Latin America 113
11.2.6.2 Africa 114
12 COMPETITIVE LANDSCAPE 115
12.1 INTRODUCTION 115
12.2 MARKET SHARE ANALYSIS OF COMPANIES OPERATIONAL IN THE COMMERCIAL AIRCRAFT SEATING MARKET 116
12.3 COMPETITIVE SITUATION AND TRENDS 119
12.3.1 CONTRACTS 120
12.3.2 NEW PRODUCT LAUNCHES 120
12.3.3 PARTNERSHIPS, COLLABORATIONS & JOINT VENTURES 121
12.3.4 EXPANSIONS 121
13 COMPANY PROFILES 123
13.1 INTRODUCTION 123
(Overview, Financials, Products & Services, Strategy, and Developments)*
13.2 ZODIAC AEROSPACE 124
13.3 B/E AEROSPACE INC. 127
13.4 RECARO AIRCRAFT SEATING GMBH & CO. KG 130
13.5 GEVEN S.P.A 132
13.6 AVIOINTERIORS S.P.A 134
13.7 ACRO AIRCRAFT SEATING LTD. 136
13.8 THOMPSON AERO SEATING LTD. 137
13.9 HAECO AMERICAS 139
13.10 ZIM FLUGSITZ GMBH 141
13.11 STELIA AEROSPACE 142
*Details on overview, financials, product & services, strategy, and developments might not be captured in case of unlisted companies.
14 APPENDIX 143
14.1 DISCUSSION GUIDE 143
14.2 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE 145
14.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 146
14.4 AVAILABLE CUSTOMIZATIONS 148
14.5 RELATED REPORTS 148