Commercial Aircraft Seat Actuation Market Share Size is expected to register a CAGR of 7.4% during 2021-2027.
The increasing demand for lightweight seat designs due to fuel efficiency has opened avenues of growth opportunities for the Commercial Aircraft Seat Actuation Market Share participants. Additionally, the growing demand for new aircrafts is another factor responsible for accelerating the expansion of the market.
The boom witnessed in the aviation industry coupled with increasing disposable income of the customers have intensified the need for comfortable passenger experience. This, in turn, is prognosticated to have a positive influence on the proliferation of the Commercial Aircraft Seat Actuation Market Share.
The market exhibits enormous potential at this point and is poised to catalyze revenue creation through the assessment period. Some of the factors responsible for the market proliferation include the adoption of electric actuators, rising demand in the emerging countries, etc. However, factors such as an increase in competitive inexpensive carriers, industry regulations, etc. are expected to hold the proliferation of the market across the review period.
The key players in the global Commercial Aircraft Seat Actuation Market Share are Air Works India (Engineering) Private Limited (India), Almec EAS Ltd. (UK), Astronics Corporation (US), Bühler Motor GmbH (Germany), Crane Aerospace & Electronics (US), ITT Inc. (US), Kyntronics (US), Mesag-System AG (Switzerland), Nook Industries, Inc. (US), and Zodiac Aerospace (France).
By seat type, the Commercial Aircraft Seat Actuation Market Share has been segmented into first class, business class, premium economy class, and economy class.
By aircraft type, global Commercial Aircraft Seat Actuation Market Share is segmented into WBA, NBA, and RTA.
By actuator type, the Commercial Aircraft Seat Actuation Market Share has been segmented into hydraulic and electromechanical systems.
By mechanism type, the global Commercial Aircraft Seat Actuation Market Share is segmented into linear and rotary.
By fit, the Commercial Aircraft Seat Actuation Market Share has been segmented into line fit and retrofit.
By region, the global Commercial Aircraft Seat Actuation Market Share has been segmented into Americas, Europe, Asia Pacific, and the Middle East & Africa. Europe is likely to remain a highly lucrative market in the forthcoming years. The growth trajectory of the regional market is guided by the developments introduced by the European Aviation Safety Agency (EASA) and the European Union (EU). Additionally, the presence of aircraft seat actuator manufacturers in the region is expected to fuel the growth of the market.
The Commercial Aircraft Seat Actuation Market Share in North America is anticipated to witness a surge in demand and exhibit significant growth over the next couple of years. Meanwhile, the market in Asia Pacific is set to register a strong CAGR of 7.4% during the forecast period.
The Middle East & Africa market resonates strong growth opportunities which are attributable to the massive air traffic and booming aviation industry. Furthermore, the increased investments by the key players in the region for the development of the Commercial Aircraft Seat Actuation Market Share is also anticipated to accelerate the revenue creation for market players.
In March 2018, Adient, an aviation and automotive parts manufacturer focused on automotive seating, and the U.S. based Boeing jointly presented seating solutions at AIX in Hamburg, Germany, from 10th to 12th of April.
In July 2018, Astronics PGA, solutions provider for VVIP, VIP, business jets, and commercial aviation, entered into a contract with Jamco, a leader in the aviation industry for providing next-generation seat motion and lighting systems for Jamco’s Venture seat program
About Market Research Future:
Market Research Future (MRFR) is a global market research company that prides itself on its services, offering comprehensive and accurate analysis with respect to various markets and consumers worldwide. Market Research Future has the distinguished goal of providing customers with optimal quality research and granular research. Our market research by products, services, technologies, applications, end users, and market players for global, regional, and national market segments, allows our customers to see more, learn more, and do more, helping to answer your most important questions
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street, 5Th Floor, New York, New York 10013,
United States of America
+1 646 845 9312