Aircraft Seating Market Overview: 2024-2030
Base Year: 2023
Historical Years: 2019-22
Forecast Years: 2024-30
The Aircraft Seating Market size is valued at USD 7.62 billion in 2023 & is estimated to grow at a CAGR of around 7.14% during the forecast period, i.e., 2024-30. The factors that are positively influencing the market growth are the rising travel activities via commercial aircraft, the increasing production of airplanes, and the growing popularity of urban mobility.
Markntel Advisor’s Aircraft Seating Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, Aircraft Seating Market drivers, barriers, Aircraft Seating Market Trends, and Key Players in Aircraft Seating Market.
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Aircraft Seating Market Dynamics: 2024-2030
Aircraft Seating Market Driver:
Increasing Aircraft Production to Support Market Growth – The majority of the airlines have aged aircraft due to the longer aircraft delivery period and lack of substantial funds. Based on the research it is found that the average of the popular airline, like Allegiant Air and Delta Air Lines, is 19.8 years and 17 years respectively. These aging aircraft are less fuel efficient and require frequent maintenance to ensure smooth functioning. Therefore, these airlines are increasingly purchasing new commercial planes. For instance, in 2024, Indigo, a leading aviation company, announced to add approximately 500 new planes during 2024-2030. Thus, to cater to the growing demand arising from the flight operating companies, the aircraft manufacturers are ramping up the production of the airplanes. Consequently, this surge in manufacturing is leading to an increase in the need for the seat and other essential components, driving the Global Aircraft Seating Market.
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Aircraft Seating Market (2024-30): Segmentation Outlook
The market report has segmented the market into the following categories:
· By Class
o First Class - Market Size & Forecast 2019-2030, USD Million
§ First Class Seat Components
· Structures
· Foams
· Actuators
· Electrical Fittings
§ First Class Seat Materials
· Cushion Filling Materials
· Structure Materials
· Upholsteries & Seat Covers
o Business Class- Market Size & Forecast 2019-2030, USD Million
§ Business Class Seat Components
· Structures
· Foams
· Actuators
· Electrical Fittings
§ Business Class Seat Materials
· Cushion Filling Materials
· Structure Materials
· Upholsteries & Seat Covers
o Premium Economy Class- Market Size & Forecast 2019-2030, USD Million
§ Premium Economy Class Seat Components
· Structures
· Foams
· Actuators
· Electrical Fittings
§ Premium Economy Class Seat Materials
· Cushion Filling Materials
· Structure Materials
· Upholsteries & Seat Covers
o Economy Class- Market Size & Forecast 2019-2030, USD Million
§ Economy Class Seat Components
· Structures
· Foams
· Actuators
· Electrical Fittings
§ Economy Class Seat Materials
· Cushion Filling Materials
· Structure Materials
· Upholsteries & Seat Covers
· By Aircraft Type
o Narrow Body Aircraft (NBA)- Market Size & Forecast 2019-2030, USD Million
o Wide Body Aircraft (WBA)- Market Size & Forecast 2019-2030, USD Million
o Very Large Aircraft (VLA) - Market Size & Forecast 2019-2030, USD Million
o Business Jets- Market Size & Forecast 2019-2030, USD Million
o Regional Transport Aircraft (RTA) - Market Size & Forecast 2019-2030, USD Million
· By End User
o OEM - Market Size & Forecast 2019-2030, USD Million
o Maintenance, Repair, and Overhaul (MRO)- Market Size & Forecast 2019-2030, USD Million
o Aftermarket- Market Size & Forecast 2019-2030, USD Million
· By Seat Type
o 9G- Market Size & Forecast 2019-2030, USD Million
o 16G- Market Size & Forecast 2019-2030, USD Million
o 21G- Market Size & Forecast 2019-2030, USD Million
· By Region
o North America
o South America
o Europe
o The Middle East & Africa
o Asia-Pacific
Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
Top Companies Operating in the Aircraft Seating Market:
- Zodiac Aerospace (Safran)
- Collins Aerospace
- Geven