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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Global Aircraft Seating Market to exceed $18 Bn by 2025.

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Presentation on theme: "© 2016 Global Market Insights, Inc. USA. All Rights Reserved Global Aircraft Seating Market to exceed $18 Bn by 2025."— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Global Aircraft Seating Market to exceed $18 Bn by 2025

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Increasing aircraft demand owing to rising air passenger traffic across the globe will drive the aircraft seating market. Airliners are upgrading their aircraft fleet and introducing new routes to cater to the leisure and corporate travelers. Advancements in seats along with enhanced ergonomic designs are contributing significantly towards improving the air travel experience. Additionally, major airliners are focusing on utilizing maximum space in their aircrafts by optimizing legroom to accommodate high number of passengers.  Reduction in aircraft weight contributes significantly towards improving the operational efficiency of the airliners along with minimizing carbon emissions considerably. For instance, according to the International Air Transport Association (IATA), aircraft manufacturers along with airliners announced their strategic plans for improving average fuel efficiency of around 1.5% per year from 2009 to 2020. Key Insights from Aircraft Seating Market :

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Continued… Industry participants are engaged in strategic collaborations and partnerships with airline operators for introducing technologically advanced seats for air passengers. For instance, in 2017, Acro entered into a partnership with Airbus and Air New Zealand for developing an advanced economy class seat for the A320 & A320neo aircraft fleet. These are equipped with reconfigurable seat technologies with curved setback, allowing for improved seat pitch and improved legroom for passengers. Technological advancements in aircraft seats including the integration of sensors in seats for enabling passengers to adjust their seat position with applications and software are providing a positive outlook for the aircraft seating market expansion. The slim profile of seats enables aircraft manufacturers to reduce the overall weight along with improving legroom space.

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Latest Research Aircraft Seating Market@ https://www.gminsights.com/industry-analysis/aircraft-seating-market https://www.gminsights.com/industry-analysis/aircraft-seating-market Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/3225

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com U.S. Aircraft Seating Market, By Class, 2018 & 2025, (USD Million)

6 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Geven Recaro Aircraft Seating HAECO Lufthansa Technik Stelia Aerospace Major Companies Aircraft Seating Market:

7 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Industry Coverage

8 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  North America aircraft seating market will showcase significant growth over the forecast timeframe owing to high concentration of aircraft manufacturers across the region. Aircraft manufacturers are continuously investing in their manufacturing facilities for expanding aircraft production to meet order backlogs. For instance, in January 2019, Boeing announced the delivery of 806 aircrafts compared to 763 aircrafts in 2017.  Retro fit accounted for a considerable share in the aircraft seating market. Increasing upgradation and modification of aircraft cabins for enhancing air passenger experience are supporting the market expansion. For instance, in January 2019, Mirus Aircraft Seating announced an agreement with TUI Group to provide seats for its airlines operating in UK, Belgium, and Netherlands. Regional Insights Aircraft Seating Market :

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