Aircraft Soft Goods Market to grow at over 3% CAGR from 2018 to 2024 - PowerPoint PPT Presentation

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Aircraft Soft Goods Market to grow at over 3% CAGR from 2018 to 2024

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More Information @ Rising adoption of interior improvement methods and the need to enhance the passenger comfort levels in airplanes will drive aircraft soft goods market during the forecast period. – PowerPoint PPT presentation

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Title: Aircraft Soft Goods Market to grow at over 3% CAGR from 2018 to 2024


1
OEM Aircraft Soft Goods Market will exhibit
growth over 3 from 2018 to 2024
2
Key Insights from Aircraft Soft Goods Market
  • Improvement in airplane interiors to enhance the
    overall comfort level and aesthetics for
    passengers will escalate aircraft soft goods
    market share from 2018 to 2024. Undergoing OEM
    activities for lightweight cabin interiors will
    drive the product demand. Noise reduction and
    vibration dampening during flight course will
    fuel industry growth.
  • Seat cover will witness around 3.5 CAGR till
    2024 owing to increasing trends toward upgrading
    seat and support covers in commercial airplanes.
    In addition, proliferating demand for admirable
    cabin interiors in executive class installed with
    superior carpets will support aircraft soft good
    market size over the forecast timeframe.
  • Carpets have a substantial share owing to the
    availability of enhanced cabin space and rising
    airplane fabrication to meet the backlog.
    Curtains will foresee a considerable growth with
    the utilization for cabin separation in
    commercial airplanes and business jets.

3
Continued...
  • Commercial aircrafts will contribute over 85 of
    the overall revenue share in 2017. The growth can
    be credited to the expansion of overall aerospace
    industry and rising comfort level demand from
    passengers. Regional jets segment will witness a
    healthy CAGR of over 6.5 from 2018 to 2024 owing
    to increasing regional flight frequency and
    utilization of lightweight upholstery products in
    these airplanes.
  • Nylon/wool blend fabric will contribute over 70
    of the overall material-based aircraft soft goods
    market share by 2024. This can be attributed to
    better material properties such as higher
    durability, water wrinkle resistance, and
    insulation. Nylon fabrics can be blended with
    other materials including polyester to further
    enhance the comfort and material elasticity.
  • OEMs will exhibit over 3 CAGR till 2024 owing to
    product installation after the airplane assembly.
    The escalation in industry can be attributed to
    long-term contracts between companies, ensuring
    an unremitting product supply. Aftermarket
    segment will witness a robust growth with a rise
    in refurbishment activities and replacement of
    worn-out goods with advanced ones.

4

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5
U.S. Aircraft Soft Goods Market, By Aircraft,
2017 2024, (USD Million)

6
Major Companies in Aircraft Soft Goods Market
  • Anker Company
  • Tapis Corporation
  • Spectra Interior Products
  • RAMM Aerospace
  • Mohawk Group
  • Lantal Textile AG
  • InTech Aerospace
  • Hong Kong Aircraft Engg. Ltd. (HAECO)
  • F-list, Fellfab, E-Leather, Desso Group

7
Industry Coverage

8
Regional Insights in Aircraft Soft Goods Market
  • North America aircraft soft goods market has a
    major share and is projected to cross USD 300
    million till 2024 with the presence of
    well-established airplane manufacturers including
    Boeing and Bombardier.
  • Asia Pacific will witness significant gains with
    growth in the commercial aerospace sector and
    increase in overhaul activities in worn-out
    airplanes.
  • Europe industry share will foresee a substantial
    growth owing to the increase in passenger traffic.

9
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