The global aircraft seating market size is projected to reach USD 7.69 billion by the end of 2027. The presence of several large scale companies will have a massive impact on the growth of the overall market. According to a report published by Fortune Business Insights, titled “Aircraft Seating Market Size, Share & COVID-19 Impact Analysis, By Aircraft Type (Commercial, Business Jets, and Regional Aircraft), By Class (Economy Class, Premium Economy Class, Business Class, and First Class), By Seat Type (9g Seats, 16g Seats), By Components (Structure, Foams, Actuators, Electrical Fittings, and Others), By End-use (OEM and Aftermarket), and Regional Forecast, 2020-2027,” the market was worth USD 6.74 billion in 2019 and will exhibit a CAGR of 7.39% during the forecast period 2020-2027.
List of companies profiled in the report:
Collins Aerospace (The U.S.)
ACRO Aircraft Seating Ltd (The U.K.)
Aviointeriors S.p.A. (Italy)
Embraer Aero Seating Technologies (EAST) (The U.S.)
Expliseat SAS (France)
Geven S.p.a. (Italy)
Iacobucci HF Aerospace S.p.A. (Italy)
JAMCO Corporation (Japan)
Encore, A Boeing Company (The U.S.)
Mirus Aircraft Seating Ltd (The U.K.)
RECARO Aircraft Seating GmbH & Co. KG (Germany)
STELIA Aerospace (France)
Thompson Aero Seating Limited (The U.K.)
Zim Flugsitz GMBH (Germany)
Lufthansa Technik AG (Germany)
September 2019 –Thompson Aero Seating Limited, a company based in the UK, announced that the company’s Vantage seats are selected by Scandinavian Airlines (SAS) for its new A321LR Business Class seats.
North America Currently Dominates the Market; Rising Aviation Industry will Emerge in Favor of Market Growth
The report analyses the ongoing market trends across five major regions, including North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among all regions, the market in North America currently dominates the market. The rise of the aviation industry will create a huge platform for companies in the aircraft seating sector. The presence of several globally renowned companies base in North America will provide impetus to the growth of the regional market. Additionally, the presence of several OEMs in this region will also emerge in favor of growth of the aircraft seating market in North America. As of 2019, the market in North America was worth USD 2.56 billion and this value is projected to rise at a considerable pace in the coming years.