Global Aircraft Seating Market Analysis, Scope, Stake, Progress, Trends and Forecast up to 2021
B/E Aerospace, Zodiac Aerospace S.A., Geven S.P.A., Aviointeriors, Sogerma S.A., Acro Aircraft Seating Ltd., Haeco Americas, ZIM Flugsitz GmbH, Aviationscouts GmbH, and Recaro Aircraft Seating Gmbh & Co. Kg. are some of the prominent players at the forefront of competition in the Global Market of Aircraft Seating and are profiled in MRFR Analysis.
Aircraft Seating Global Market – Overview
Aircraft or Airplane Seating is of paramount priority for Airline companies when it comes to leveraging added comfort to enhance travel experience of their passengers. Airline companies, while investing significantly on Aircraft Component & Engine MRO and technology upgrade; are also considering economics, and ergonomics of cabin furnishings to ensure Air Traveller’s Comfort. Airplane Seating Market is gaining a huge traction worldwide owing to the increased Air Travel rate. Recently, most of the Airline companies are seen making huge investments in modifying cabin interior and seating arrangements. Some of them are offering more comfortable luxurious lie-flat business class seating while some are adding extra row of economy seating; at the same time some are introducing Recaro Aircraft Seating.
Accreditation the rising investment activities transpiring in the Airline Industry lately; the Market Research Future promptly published a thorough study report giving out the complete market prognosis till 2021. According to which, The Aircraft Seating Market is projected to grow at the rapid pace demonstrating an aggrandized expansion by registering ~ 13% of a CAGR during 2016-2021.
Over the last decade, the Aviation or Airline industry has been witnessing a robust growth, owing to the increased diversification among airlines worldwide. The passenger traffic is expanding exponentially, despite a slight slowdown in the global economy. In recent years, the large aviation markets, such as the U.S., Europe, and Asia have witnessed increased expenses by passengers, due to the rising per capita income in these regions coupled with increasing rate of business travels. This in turn has resulted in the expansion of the aviation industry.
Aircraft Seating Global Market – Competitive Analysis
Characterized by the presence of several major well-established players, the global Market of Aircraft Seating appears to be highly competitive. Well established players incorporate acquisition, collaboration, partnership, expansion, and technology launch in order to gain competitive advantage in this market and to maintain their market position. Strategic partnerships between Key players support the growth and expansion plans of the key players during the forecast period. The Key players operating in the market compete based on pricing, technology, reputation and services. These vendors are committed to deliver reliable, leading-edge products and services.
November 2017 – Emirates has increased the seating capacity on its Boeing 777-200LR fleet, by converting the three-class interior to a two-class cabin.
November 2017 – Singapore Airlines revealed its new Seating - the new Jamco-produced business class product for the airline’s new and refit Airbus A380 aircraft. SQ has swapped the flip-over-to-sleep functionality that has proved aspect of the current product for a recline-to-sleep option. The new Jamco seats are pitched at 50 inches, some ten inches more than the current minimum of compact staggered seats like Stelia’s Opal, Zodiac’s Optima, and similar products.
November 2017 – JetBlue Airways Corp.’s announced its plan to add more seats to its Airbus SE A320 planes. The company thinks the plan to squeeze in 162 seat (previously 150 Seats) will bring in about $100 million in additional annual revenue with the denser A320 seat configuration. Zodiac introduced the latest Space Flex version in late 2014. In recent years, Zodiac’s manufacture of passenger seats is doing extremely well on some Boeing Co. like aircraft destined for United Continental Holdings Inc. and American Airlines Group Inc.
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