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Market Research Report

Aircraft Cabin Interior Market Size, Share, Growth Rate & Opportunity, Trends, Driving Factors, Key players, Challenges & Risk Analysis with Regional Outlook for Forecast Period 2016-2024

Published On : 2018-01-30 Report Page : 290 Category: Aviation & Defense

Global Aircraft cabin interiors Market 

Market Overview

Aircraft cabin interiors market has grown tremendously within past few years in order to provide passengers with comfortable flight journey. The need for advanced products for cabinetry, composite panels, seats, plastic molding, in-flight entertainment, veneers and lavatory is giving better experiences to the travellers. The growing demand from passengers and the innovative developments has led this market kept growing. With the increasing demand of aircrafts there is an increasing the scope for aircraft cabin interior market to expand.

Aircraft Cabin Interiors Market Size, Growth Rate, Share & Forecast

Goldstein Research analyst forecast the aircraft cabin interiors market size is set to reach USD 41.2 billion by 2024, at a CAGR of 7.9% over the forecast years. The type of aircraft and the duration of the flight are factors affecting the interiors of the aircraft, hence increasing the demand of aircraft cabin interior market.

Based on geography, North America dominates the aircraft cabin interiors market with almost 43.8% market share in 2016, due to extensive innovations and explosive growth in use of technology in aircraft cabin interior by the vendors. Apart from North America, Europe has the high demand of innovative, comfortable and luxury aircraft cabin interiors. Mainly due to the presence of aircraft cabin interior manufacturers in North America and Europe, they are the leading regions. But with the increasing demands from Asia-Pacific the numbers of manufacturers are now also growing in this region such as COMAC (China) and Mitsubishi (Japan) making this region highly opportunistic market.

On the basis of product type, seats segment is experiencing major development with a market share of 30.4% due to the need of more compartment space for luggage and to travel comfortably for the longer hour flight. Windows and windshields are also going through many innovations; therefore, they are expected to grow at a CAGR of 3.8% over the forecast years. In common, acrylic window and window shades are used in majority of aircrafts, but with the new entrants like Boeing 787, there has been constant development on interactive aircraft windows.

Global Aircraft Cabin Interiors Market Segmentation

By Product Type

  • Seats
  • Cabin Lightening
  • Windows and Windshields
  • Galley and Lavatory
  • In-flight Entertainment

By Material Used

  • Aluminum alloy
  • Steel alloys
  • Composites

By Fit

  • Retrofit
  • Linefit

By Aircraft Type

  • Commercial Aircrafts
  • Business Jets
  • Helicopters and Light Aircrafts

Based on Geography

  • North America (U.S. & Canada) aircraft cabin interiors market
  • Latin America (Brazil, Mexico, Argentina & Rest of Latin America) aircraft cabin interiors market
  • Europe (The U.K., Germany, France, Italy, Hungary, Spain, Poland, Sweden & RoE) aircraft cabin interiors market
  • Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) aircraft cabin interiors market
  • Middle East & Africa (GCC, South Africa, North Africa, RoMEA) aircraft cabin interiors market

Aircarft Cabin Interior Market Trends, Growth Drivers and Challenges

According to our global market study on the basis of extensive primary and secondary research, “The increasing trend is innovations going on to reduce the aircraft weight, using non electrical floor lightening, sidewall panels, floor panels, lighter carpets, providing more luggage space. The innovations by various vendors are making this market to grow continuously. ”

According to the report, major driving factor for expansion of global aircraft cabin interiors market is the growing number of air passenger traffic and their improved affordability has created demand for comfortable and luxury cabin interiors, like demand for the in-flight entertainment system. Thus it has become necessary to cope up with demand and improve passenger experience.

Further, the major challenge for this industry is the poor growth rate of passengers over the number of years which might slow down the market growth to negative. Slow growth is also due to the alternative modes of transportation available to passengers. Aircraft cabin interiors market requires high investment, thus with slow growth there will be lack of investments to aircraft interior market.

Key Players

Our global aircraft cabin interiors market report comprises of the following companies as the key players in the aircraft cabin interiors market: Honeywell International, TCI Cabin interiors Inc., Zodiac Aerospace, United Technologies Corporation, Astronics Corporation, Panasonic Avionics, Global Eagle Entertainment

Other high-flying vendors in the aircraft cabin interiors market are: Cabinnet Akkurt, Diehl Stiftung & Co. KG, RECARO Aircraft Seating co. ltd, Bell Helicopter, BAE Systems, FACC AG, Spectra Interior Product Inc.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Covered In This Global Aircraft Cabin Interiors Market Report

The report covers the present ground scenario and the future growth prospects of the aircraft cabin interiors market for 2016-2024 along with the statistics of original equipment manufacturer (OEM) segment. We calculated the market size and revenue share on the basis of revenue generated from major players and sales of aircraft cabin interiors from major players across the globe.

Aircraft cabin interiors Market Outlook 2016-2024, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the aircraft cabin interiors market. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. Global aircraft cabin interiors market report also recognizes value chain analysis to understand the cost differentiation to provide competitive advantage to the existing and new entry players.

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Key questions answered in this Aircraft Cabin Interiors Market Report

  • What is the total market size by 2024 and what would be the expected growth rate?
  • What is the revenue of aircraft cabin interiors market in 2015-16 and what would be the expected demand over the forecasted period?
  • What are the key market trends?
  • What are the factors which are driving this market?
  • What are the major barriers to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities for the existing and entry level players?
  • What are the recent developments and business strategy of the key players?

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Aircraft Cabin Interior Market Size, Share, Growth Rate & Opportunity, Trends, Driving Factors, Key players, Challenges & Risk Analysis with Regional Outlook for Forecast Period 2016-2024

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