Aircraft Seating Market Hits USD 7.62 billion in 2023, Targets 7.14% CAGR Soar Until 2030

Global Aircraft Seating Market: In-Depth Analysis and Forecasts for 2024-2030

MarkNtel Advisors, a leading market research firm, has showed its latest study titled "Aircraft Seating Market", offering a detailed industry overview and market perspective. This comprehensive research provides insights into the current state of the market, highlighting recent advancements and emerging trends.

The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.

Analysis and Insights into the Aircraft Seating Market: 2024-2030

The Global Aircraft Seating Market size is valued at USD 7.62 billion in 2023 & is estimated to grow at a CAGR of around 7.14% during the forecast period, i.e., 2024-30. The factors that are positively influencing the market growth are the rising travel activities via commercial aircraft, the increasing production of airplanes, and the growing popularity of urban mobility.

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What are the primary factors driving the growth of the Aircraft Seating Market?

Increasing Aircraft Production to Support Market Growth – The majority of the airlines have aged aircraft due to the longer aircraft delivery period and lack of substantial funds. Based on the research it is found that the average of the popular airline, like Allegiant Air and Delta Air Lines, is 19.8 years and 17 years respectively. These aging aircraft are less fuel efficient and require frequent maintenance to ensure smooth functioning. Therefore, these airlines are increasingly purchasing new commercial planes. For instance, in 2024, Indigo, a leading aviation company, announced to add approximately 500 new planes during 2024-2030. Thus, to cater to the growing demand arising from the flight operating companies, the aircraft manufacturers are ramping up the production of the airplanes. Consequently, this surge in manufacturing is leading to an increase in the need for the seat and other essential components, driving the Global Aircraft Seating Market.

Aircraft Seating Market Segmentation:

The Aircraft Seating market is categorized in to different segments. Analyzing growth across these segments enables a comprehensive understanding of key growth areas within the industry. This segmentation provides valuable market insights, empowering stakeholders to make strategic decisions and identify primary market applications effectively.

By Class

First Class - Market Size & Forecast 2019-2030, USD Million
- First Class Seat Components
  - Structures
  - Foams
  - Actuators
  - Electrical Fittings
- First Class Seat Materials
  - Cushion Filling Materials
  - Structure Materials
  - Upholsteries & Seat Covers
- Business Class- Market Size & Forecast 2019-2030, USD Million
  - Business Class Seat Components
    - Structures
    - Foams
    - Actuators
    - Electrical Fittings
  - Business Class Seat Materials
    - Cushion Filling Materials
    - Structure Materials
    - Upholsteries & Seat Covers
  - Premium Economy Class- Market Size & Forecast 2019-2030, USD Million
    - Premium Economy Class Seat Components
      - Structures
      - Foams
      - Actuators
      - Electrical Fittings
    - Premium Economy Class Seat Materials
      - Cushion Filling Materials
      - Structure Materials
      - Upholsteries & Seat Covers
    - Economy Class- Market Size & Forecast 2019-2030, USD Million
      - Economy Class Seat Components
        Structures
        Foams
        Actuators
        Electrical Fittings
      - Economy Class Seat Materials
        Cushion Filling Materials
        Structure Materials
        Upholsteries & Seat Covers

By Aircraft Type

Narrow Body Aircraft (NBA)- Market Size & Forecast 2019-2030, USD Million
Wide Body Aircraft (WBA)- Market Size & Forecast 2019-2030, USD Million
Very Large Aircraft (VLA) - Market Size & Forecast 2019-2030, USD Million
Business Jets- Market Size & Forecast 2019-2030, USD Million
Regional Transport Aircraft (RTA) - Market Size & Forecast 2019-2030, USD Million

By End User

OEM - Market Size & Forecast 2019-2030, USD Million
Maintenance, Repair, and Overhaul (MRO)- Market Size & Forecast 2019-2030, USD Million
Aftermarket- Market Size & Forecast 2019-2030, USD Million

By Seat Type

9G- Market Size & Forecast 2019-2030, USD Million
16G- Market Size & Forecast 2019-2030, USD Million
21G- Market Size & Forecast 2019-2030, USD Million

Geographical Analysis into the Aircraft Seating Market:

The Aircraft Seating market is categorized based regional:

North America
South America
Europe
The Middle East & Africa
Asia-Pacific

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Competitive Landscape and Aircraft Seating Market Share Analysis:

The competitive landscape of the Aircraft Seating Market includes comprehensive details about competitors. These details encompass company overviews, financial performance, revenue generation, market potential, investments in research and development, new market strategies, production facilities, strengths and weaknesses, product launches, ongoing trials, approvals, patents, product range, dominant applications, and technology life cycle.

Zodiac Aerospace (Safran)
Collins Aerospace
Geven
RECARO Aircraft Seating
Jamco
HAECO
Lufthansa Technik
Stelia Aerospace
Zim Flugsitz
Acro Aircraft Seating

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Questions Addressed in this Study

What factors are driving the Aircraft Seating Market growth?
How is the Aircraft Seating Market expected to grow over the next five years?
What are the key insights into the current trends in the Aircraft Seating Market?
What is the current size of the Aircraft Seating Market, and how is it projected to change in the future?
What is the future outlook for the Aircraft Seating Market in terms of technological advancements and market expansion?

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