Aircraft Seat Actuation System Market Opportunities and Challenges — Exclusive Report by MarketsandMarkets™ - PowerPoint PPT Presentation

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Aircraft Seat Actuation System Market Opportunities and Challenges — Exclusive Report by MarketsandMarkets™

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The aircraft seat actuation system market is projected to reach USD 730.7 million by 2022, at a CAGR of 7.58% from 2017 to 2022. The base year considered for the study is 2016, and the forecast period is from 2017 to 2022. – PowerPoint PPT presentation

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Title: Aircraft Seat Actuation System Market Opportunities and Challenges — Exclusive Report by MarketsandMarkets™


1
According to the new market research report
Aircraft Seat Actuation System Market is
projected to reach USD 730.7 million by 2022, at
a CAGR of 7.58 from 2017 to 2022. The base
year considered for the study is 2016, and
the forecast period is from 2017 to 2022.
Increase in aircraft orders, rising demand for
lightweight seats, and growth
in premium air travel are projected to drive the
aircraft seat actuation system market in the
coming years. However, backlog of aircraft
deliveries is major challenge which can affect
the growth of aircraft seat actuation system
market. Download PDF Brochure _at_ https//www.market
sandmarkets.com/pdfdownloadNew.asp?id43853437 The
electro-mechanical segment of the aircraft seat
actuation system market is estimated to be the
fastest-growing type segment during the forecast
period. Electro- mechanical actuators are
lightweight and are designed to deliver precise
movement of seats. This type of actuation
systems is used in premium economy, business
class seats and first-class seats. The demand
for premium economy has increase in developing
countries and most of the airlines in Asia
Pacific region are providing premium economy
seats which is directly fuel the demand for
electro-mechanical system. Based on seat class,
the business class segment is projected to grow
at the highest CAGR during the forecast period.
Business class and first class seats have various
features, including adjustable headrests,
reclining mechanism, electronics, control for
in-flight entertainment systems, and massage and
adjustable lumbar support. The increasing air
passenger traffic and demand for premium class
seating in aircraft are driving the growth of
the business class segment of the aircraft seat
actuation system market. Based on aircraft type,
the wide body aircraft segment is projected to
grow at the highest CAGR during the forecast
period. The increase in orders for wide body
aircraft due to the increased demand for
long-haul travel is one of the key factors
driving this segment of the aircraft seat
actuation system market. Wide body aircraft are
installed with first class, business class,
economy class, and premium economy class seats.
Hence, the demand for advanced seat actuation
systems is high in this segment. Wide body
aircraft are also being retrofitted with advanced
seating systems in the premium seating category.
2
Based on end user, the aftermarket segment of the
aircraft seat actuation system market is
projected to grow at the highest CAGR during the
forecast period. The aftermarket sales of seat
actuation systems depend on the regular
retrofitting of aircraft seating as well as the
replacement of spare parts during the scheduled
and unscheduled maintenance of aircraft. North
America and Europe are the largest markets for
aftermarket aircraft seat actuation system. The
airlines in these regions have a higher rate of
usage of seats, and they are often
retrofitted. Middle East aircraft seat actuation
market projected to grow at highest CAGR from
2017 to 2022 The Middle East is expected to be
the fastest-growing market during the forecast
period. The growth is largely due to an increase
in fleet size of the countries in the region.
The airlines operating in this region are focused
on enhancing passenger experience and the
aftermarket sales are expected to be high. The
growing air passenger traffic coupled with the
increase in demand for premium seating are some
of the major drivers expected to propel the
growth of the aircraft seat actuation system
market in the Middle East during the forecast
period. Key Market Players Major players
operating in the aircraft seat actuation system
market include Zodiac Aerospace (France), Crane
Aerospace (US), and Astronics Corporation (US).
These key players offer various aircraft seat
actuation system types, including electro-
mechanical, hydraulic, and pneumatic. Ask for
Sample Report _at_ https//www.marketsandmarkets.com/
requestsampleNew.asp?id43853437 About
MarketsandMarkets MarketsandMarkets provides
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