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Business Opportunities and Growth Analysis for Global Aircraft Seating Market

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The aircraft seating market is projected to grow from USD 6.4 billion in 2018 to USD 10.5 billion by 2025, at a CAGR of 7.25% from 2018 to 2025. – PowerPoint PPT presentation

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Title: Business Opportunities and Growth Analysis for Global Aircraft Seating Market


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Business Opportunities and Growth Analysis for
Global Aircraft Seating Market
  • According to the new market research report
    "Aircraft Seating Market by Class (Business,
    First, Premium Economy, and Economy), Type (9g
    and 16g), End Use (OEM, Aftermarket, and MRO),
  • Aircraft Type (NBA, WBA, VLA, RTA and Business
    Jets), Materials, Components, and Region -
    Global Forecast to 2025", The aircraft seating
    market is projected to grow from USD 6.4
    billion in 2018 to USD
  • billion by 2025, at a CAGR of 7.25 from 2018 to
    2025.
  • Browse 103 market data Tables and 34 Figures
    spread through 168 Pages and in-depth TOC on
    "Aircraft Seating Market - Global
    Forecast to 2025"
  • View detailed Table of Content _at_
  • https//www.marketsandmarkets.com/Market-Reports/c
    ommercial-aviation-aircraft- seating-market-906.h
    tml
  • Premium economy class segment projected to grow
    at highest CAGR from 2018 to 2025.
  • Premium economy segment of the aircraft seating
    market is projected to grow at the highest CAGR
    during the forecast period. The growth of this
    segment can be attributed to the increasing
    demand for premium economy seats by travelers
    owing to the cheaper ticket value in comparison
    to business class seats. Emirates has announced a
    new premium class to be rolled out by 2020. On
    the other hand, Singapore Airlines will be
    cutting the number of first-class seats on its
    next A380s, while the German airline Lufthansa
    will do away with the first-class cabin
    completely in its new Boeing 777-9s, leaving
    business as the highest class on select flights.
    These changes reflect a shift in trends that
    place businesses the new first class, and premium
    economy as the new business class.
  • 2018 Airline Seating Trends
  • Delta Airlines
  • In January 2018, Delta Air Lines (US) airline
    improved its premium economy seating (called
    Premium Select) to compete with international
    airlines. The airline provides premium economy
    class seats with extra legroom on most domestic
    airlines.

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  • United Airlines
  • In August 2018, United Airlines (US) announced a
    plan to begin charging an extra fee to
    passengers reserving economy seats near the front
    of the plane. This new policy enables passengers
    to pay more for basic seats that offer the
    convenience of being closer to the front of the
    plane.
  • Narrow body aircraft segment projected to grow at
    highest CAGR from 2018 to 2025.
  • The narrow body aircraft segment is projected to
    grow at the highest CAGR during the forecast
    period. This segments growth can be attributed
    to an increasing demand for narrow body aircraft
    from low-cost carriers in emerging economies.
    Low-cost airliners tend to procure narrow-body
    aircraft, owing to their need for short distance
    travel and the aircrafts easy maintenance. This
    has increased the demand for narrow-body
    aircraft, directly affecting the aircraft
    seating market. Over 11,000 single-aisle aircraft
    deliveries were scheduled for the Asia Pacific
    region in 2017.
  • Increase in Narrow body aircraft deliveries from
    2016-2025
  • Asia Pacific aircraft seating market projected to
    grow at highest CAGR from 2018 to 2025.
  • The Asia Pacific aircraft seating market is
    projected to grow at the highest CAGR during
  • the forecast period. The market growth in this
    region is largely due to increase in air
    passenger traffic from countries such as India,
    China, Japan, and Indonesia. The region has been
    witnessing growth in domestic travel since the
    last decade, which has led an increase in
    aircraft deliveries mostly for low-cost
    carriers. Emerging markets require new aircraft
    to meet the fast-growing traffic demand. Hence,
    new airlines are being launched in
  • emerging economies, such as India and China,
    where passenger traffic has been increasing at
    an above average growth rate.
  • Study Coverage
  • This report segments the aircraft seating market
    based on class, type, aircraft type, end use,
    and region. Based on class, the market has been
    segmented into economy class, premium economy
    class, business class, and first class. Based on
    aircraft type, the market has been segmented
    into narrow body aircraft, wide body aircraft,
    very large aircraft, regional transport
    aircraft, and business jets. Based on end use,
    the market has been segmented into OEM,
    aftermarket, and MRO. Based on type, the market
    has

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been segmented into 9g and 16g seats. Market for
16g seats is estimated to grow at 11 CAGR
during forecast period. Competitive Landscape The
competitive landscape chapter provides an
overview of the prevailing competitive scenario
and benchmarking of growth strategies adopted by
of key players. This chapter offers a
comprehensive micro quadrant analysis of more
than 30 players in seat manufacturing industry
and start-up matrix for start-up companies in
this industry. It provides the positioning of
players as visionary leaders, innovators,
emerging companies, and dynamic
differentiators. Ask for Sample Report _at_
https//www.marketsandmarkets.com/requestsampleNew
.asp?id906 Key Market Players Major players
operating in the aircraft seating market include
Zodiac Aerospace-Safran (France), B/E
Aerospace-Rockwell Collins, Inc. (US), Geven
S.p.A. (Italy), RECARO Aircraft Seating
(Germany), HAECO Americas (US), Lufthansa Technik
(Germany), and Stelia Aerospace (France). These
players offer different products used in aircraft
seating, from economy class to first class. They
also have well-equipped manufacturing facilities
and strong distribution networks across the North
American, European, and Asia Pacific
regions. Dont miss out on business opportunities
in Aircraft Seating Market. Speak to our analyst
and gain crucial industry insights that will help
your business grow. About MarketsandMarkets Mar
ketsandMarkets provides quantified B2B research
on 30,000 high growth niche opportunities/threats
which will impact 70 to 80 of worldwide
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