Aircraft Seat Actuation System Market Growth, Trends, and Forecast (2020 2025)

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Aircraft Seat Actuation System Market - Growth,
Trends, and Forecast (2020-2025)

• The Global Aircraft Seat Actuation System Market
  is on a trajectory of robust growth, with a
  projected market size set to surge from USD
  496 million in 2020 to an estimated USD 763
  million by 2025. This growth is characterized by
  a Compound Annual Growth Rate (CAGR) of 9.0
  during the forecast period from 2020 to 2025.
  The actuation system market for aircraft seats is
  being driven by a confluence of factors,
  including the growing demand for premium economy
  seats and the imperative for maintenance and
• retrofitting of existing aircraft.
• Market Overview
• The market for Aircraft Seat Actuation Systems
  is detailed in a comprehensive report
  encompassing 223 market data

and 47 figures, spread 238 pages. The in-depth
tables across Table
of Contents provides a
valuable roadmap to the market's
dynamics, trends, and opportunities. Download
PDF Brochure _at_ https//www.marketsandmarkets.com/
pdfdownloadNew.asp?id43853437 Key
Players Major players in the Aircraft Seat
Actuation System Market include Astronics
Corporation (US), ITT Inc. (US), Crane Co. (US),
Collins Aerospace (US), and Bühler Motor GmbH
(Germany). These market leaders have expanded
their operations globally, serving regions like
North America, Europe, Asia Pacific, Middle East,
Africa, and Latin America. Notably, the COVID-19
pandemic has had an impact on their businesses,
causing a 710 reduction in global production
and services for aircraft seat actuation systems
in 2020, according to industry experts. Market
Drivers The growth of the market is underpinned
by various drivers, notably the surge in air
passenger traffic and the replacement of aging
aircraft, especially in the fixed-wing aircraft
segment. The electromechanical segment is
projected to be the largest in terms of market
value. This growth can be attributed to the
versatile application of electromechanical
actuation systems for both linear and rotary
mechanisms. Segments and Projections OEM
Segment The OEM segment is expected to exhibit
the highest CAGR during the forecast period.
This projection is attributed to the increased
demand for
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customized aircraft, given that retrofitting
existing aircraft can be a cumbersome process
for airlines. Rotary Wing Segment Within the
aircraft type category, the rotary wing segment,
which comprises helicopters, is expected to
witness the highest CAGR. Investment in the
commercial helicopter sector in countries such as
the US, France, Russia, and Italy, along with
government budgets allocated to VIP/VVIP
transport, is driving this segment's
growth. Seat Class Both the first-class and
economy-class segments are projected to
experience the highest CAGR. The first class
boasts luxurious and expensive seating options,
while the economy class is favored by the growth
of Low-Cost Carriers (LCCs), which provide
cost-effective air travel. Component The
passenger control unit segment is projected to
grow at the highest CAGR. This can be attributed
to the retrofitting of existing aircraft, which
necessitates upgrading the passenger control
units. Regional Contribution The North America
market is expected to contribute the largest
share to the Aircraft Seat Actuation System
Market from 2020 to 2025. This is driven by the
rapid growth of technologically advanced seating
systems in the region, with several key players
and major airlines headquartered in North
America. Ask for Sample Report _at_ https//www.marke
tsandmarkets.com/requestsampleNew.asp?id43853437
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