Forecasted Surge of the Aircraft Seating Market to USD 8.7 Billion by 2027 - PowerPoint PPT Presentation

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Forecasted Surge of the Aircraft Seating Market to USD 8.7 Billion by 2027

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The Aircraft Seating Market size is projected to grow from USD 6.3 billion in 2022 to USD 8.7 billion by 2027, at a CAGR of 6.8% from 2022 to 2027. – PowerPoint PPT presentation

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Title: Forecasted Surge of the Aircraft Seating Market to USD 8.7 Billion by 2027


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Accelerating Growth Forecasted Surge of the
Aircraft Seating Market to USD 8.7 Billion by
2027
The report forecasts that the Global Aircraft
Seating Market will grow from USD 6.3 billion in
2022 to USD 8.7 billion by 2027, registering a
robust CAGR of 6.8 during the forecast period.
The expanding market size signifies the
increasing demand for advanced and comfortable
seating solutions in the aviation industry. The
global aircraft seating market is poised for
remarkable growth in the coming years, driven by
various factors such as the increasing demand for
premium economy seats, the integration
of entertainment connectivity
in-flight and (IFEC)
systems, and the rising need for and
maintenance
retrofitting of existing
A recent report titled
aircraft. market "Aircraft
Seating
Market by Class, End Use, Aircraft Type,
Materials, Components, and Region - Global
Forecast to 2027" provides valuable insights into
the market's potential and projections. In this
article, we delve into the key highlights of the
report, outlining the market trends, growth
drivers, and major players shaping the
industry. Download PDF Brochure _at_
https//www.marketsandmarkets.com/pdfdownloadNew.a
sp?id906 Class Segmentation and Emerging
Trends The market report categorizes aircraft
seating into different classes, including
Business, First, Premium Economy, and Economy. We
analyze each class, exploring the latest trends,
passenger preferences, and the impact on market
growth. From the surge in premium economy seats
to the rising expectations for enhanced comfort
in business and first-class cabins, we shed
light on the evolving dynamics within the
different seating classes. End Use Analysis OEM,
Aftermarket, and MRO The aircraft seating market
encompasses various end-use segments, namely
Original Equipment Manufacturers (OEM),
Aftermarket, and Maintenance, Repair, and
Overhaul (MRO). We examine the growth prospects
and drivers of each segment,
2
discussing the increasing adoption of OEM seats
with IFEC systems, the aftermarket's role in
retrofitting existing aircraft, and the demand
for MRO services to ensure passenger safety and
comfort. Aircraft Type Insights The report
highlights the significance of different aircraft
types, such as Narrow Body Aircraft (NBA), Wide
Body Aircraft (WBA), Regional Transport Aircraft
(RTA), and Business Jets. We delve into the
market share and projected growth rates of each
segment, focusing on the factors driving the
demand for aircraft seating in specific
categories. The soaring popularity of wide-body
aircraft for ultra-long-range travel is expected
to contribute significantly to market
expansion. Regional Analysis and Growth
Opportunities With a keen focus on regional
markets, we explore the growth potential and
emerging opportunities across various regions,
including North America, Europe, Asia Pacific,
Middle East, Africa, and South America. The Asia
Pacific region is projected to witness the
highest CAGR in the OEM aircraft seating market,
attributed to research and development
initiatives and growing demand for aircraft
seats. Key Players and Competitive
Landscape This section highlights the major
players in the aircraft seating market, including
Collins Aerospace, Safran, Geven S.p.A., RECARO
Aircraft Seating, and HAECO. We discuss their
business strategies, geographic presence, and key
offerings, showcasing their role in driving
market growth. Additionally, we feature other
prominent players like Lufthansa Technik, STELIA
Aerospace, and Thompson Aero Seating, shedding
light on their contributions to the
industry. Inquiry before buying
_at_ https//www.marketsandmarkets.com/Enquiry_Before
_BuyingNew.asp?id906 About MarketsandMarkets M
arketsandMarkets is a blue ocean alternative in
growth consulting and program management,
leveraging a man-machine offering to drive
supernormal growth for progressive organizations
in the B2B space. We have the widest lens on
emerging technologies, making us proficient in
co-creating supernormal growth for clients. The
B2B economy is witnessing the emergence of 25
trillion of new revenue streams that are
substituting existing revenue streams in this
decade alone. We work with clients on growth
programs, helping them monetize this 25 trillion
opportunity through our service lines - TAM
Expansion, Go-to-Market (GTM) Strategy to
Execution, Market Share Gain, Account Enablement,
and Thought Leadership Marketing. Built on the
GIVE Growth principle, we work with several
Forbes Global 2000 B2B companies - helping them
stay relevant in a disruptive ecosystem. Our
insights and strategies are molded by our
industry experts, cutting-edge AI-powered Market
Intelligence Cloud, and years of research. The
KnowledgeStore (our Market Intelligence Cloud)
integrates our research, facilitates an analysis
of interconnections
3
through a set of applications, helping clients
look at the entire ecosystem and understand the
revenue shifts happening in their
industry. Contact Mr. Aashish Mehra
MarketsandMarkets INC. 630 Dundee Road Suite
430 Northbrook, IL 60062 USA 1-888-600-6441
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