Future Market Insights
The global aviation industry has been witnessing high competition, thereby influencing airlines in expanding airplane seats with high-quality comfort. Efforts are taken to offer premium airplane seats with extended space and entertainment systems. Manufacturers are pumping in heavy investments in R&D of the energy absorbing technology aircraft seat. One of the major challenges faced by the aviation industry for introducing design innovations is restrictive cost fuelled by certification and safety requirements.
Need for Innovative Seating Facilities to Drive Aircraft Seat Production
Manufacturers in aircraft seat market are taking immense efforts in developing light-weight material seats and are working on designing aircraft seats with aesthetic and ergonomic designs, which will help in improving the performance and fuel efficiency of the aircraft. For instance, Lufthansa has designed an innovative seating facility with new light-weight aircraft seats for its economy and business class European medium and short-haul fleet. Since the recent past, several aircraft accidents have taken place, which in turn makes passenger safety the utmost criteria for travelers and leading companies in the aircraft seat market. Growing issues related to passenger safety during improper take-offs and landings as well as during air turbulences have created opportunities for manufacturers to develop aircraft seats with more improved features.
Increasing Number of Long-haul Travelers to Boost Demand for Exclusive Aircraft Seats
Increasing number of long-distance air travel passengers are expected to drive the aircraft seat market. Rapid continuity in demand for modernization of aircrafts for catering to the exclusive passenger comfort requirements, especially in long-haul travel is likely to impact growth of the aircraft seat market. Increasing innovation in aircraft fleet, rising defense budgets and growing adoption of next-generation aircraft seat is anticipated to bolster growth of the aircraft seat market. Rapidly increasing upgradation in aircraft programs have been positively impacting growth of the aircraft seat market.
Growing focus of airline brands on maintaining brand image and consumer retention has led to frequent refurbishment and replacement of aircraft seats. Constant development in design for complying with CAA (Civil Aviation Authority) guidelines regarding aircraft seat spacing and safety is expected to hold immense growth opportunities for the aircraft seat market.
Highly expensive maintenance and construction costs of aircraft seat due to labor intensive maneuvers is anticipated to pose hindrances to the growth of the aircraft seat market. Need for exclusive balance of service cost and weight of aircraft seat are a few more prominent factors hampering growth of the aircraft seat market.
Hybrid Composite Materials to Continue Fuelling Scales of Aircraft Seats
Production of aircraft seat is likely to be improved with reducing complexities in attaining raw fabrics as well as technical textiles. Growing usage of hybrid composite materials for the production of aircraft seats is expected to ease work for manufacturers. Hybrid composite materials are mainly utilized in the aviation industry for weight reduction purposes. Fiber-protected matrix systems have proved comparatively stronger than the traditional aluminum, which is used in most of the aircraft. Further, these aircraft seat raw materials provide a smoother surface coupled with increasing fuel efficiency.
Luxury Seating Facilities to Boost Demand in the Aircraft Seat Market Across Different Regions
North America is anticipated to hold a significant share in aircraft seat market on account of increasing international and domestic aircraft movements in more than 2000 airports across the US. Europe is likely to showcase lucrative opportunities in the aircraft seat market with burgeoning demand for luxury seating facilities from domestic passengers in Russia, France, Germany and U.K. Increasing number of joint-ventures with European Commission approval is expected to further stimulate the growth of the Europe aircraft seat market.
Asia-Pacific is likely to witness remarkable growth in aircraft seat market due to rapidly increasing passenger traffic in Malaysia, Thailand, India and China. Furthermore, surging demand from regional passengers for upgraded and comfortable seats is expected to stimulate growth of the APAC aircraft seat market. Rising number of new aircraft deliveries and increasing trade and tourism activities in China and India are expected to significantly contribute towards growth of the APAC aircraft seat market.
Aircraft Seat Market Is Exclusively Categorized Into Fit-Type, Class Type and Aircraft Type
Based on fit-type, aircraft seat market has been segmented into
Based on class type, aircraft seat market has been classified as
Based on aircraft type, aircraft seat market has been categorized into
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
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