Aircraft Cabin Interior Market is estimated to grow at a CAGR of 11.26%

Posted by Satr Martin on April 19th, 2018

Global Aircraft Cabin Interior Market Overview

Aircraft cabin interior consists of several components which provide the aircraft cabin with pertinent aesthetic and structural glimpse. The interior of the aircraft cabin is assembled in such a way so that the passengers can travel with convenience and feel comfortable throughout their journey.

Global aircraft cabin interior market is expected to witness a lucrative growth in near future owing to rise in air traffic across the globe and growing trend of in-flight entertainment. In, addition to this, product innovation and increase in number of aircrafts are likely to grow need of refurbishment and maintenance in order to provide better services to the passengers.

Market size and forecast

The global aircraft cabin interior market is predicted to expand significantly at a CAGR of 11.26% over the forecast period i.e. 2016-2023. Moreover, the market of aircraft cabin interior accounted for USD 15.52 Billion in 2015 and is further estimated to garner USD 28.12 Billion by 2023. The demand for in-flight entertainment systems are predicted to witness a significant growth in near future, owing technologically advancement in aircraft interiors and modification of cabin components. The seats segment is predicted to account for highest share of 27.5% of the overall market of aircraft cabin interiors over the forecast period.

North America accounted the highest market share of 45% in terms of revenue in overall market of aircraft cabin interior across the globe. North America region is expected to continue its dominance over the forecast period i.e. 2016-2023 due to increasing air traffic and sales of commercial jet across the region. On the other hand, Asia-Pacific is expected to be the second largest share contributor across the globe in the market of aircraft cabin interior due to presence of emerging nations such as India, China, etc., rising adoption advanced technology and positive increase in GDP figure.

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Rapid growth in urbanization and increasing globalization are estimated to attract more passengers for flight journeys in order to save time, availability of striking and durable interiors for aircraft cabin are some of the aspects which are likely to throw a positive impact on the growth of aircraft cabin interior market in near future.  Moreover, adoption of modern and customized cabin interiors by airline companies for the convenience of passengers is predicted to get more demands from across the globe during the forecast period i.e. 2016-2023.

Market Segmentation

Our in-depth analysis segmented the global aircraft cabin interior market in the following segments:

By Product

Flooring

Sidewalls/Liners

Carts

Overhead Bins

Seats

Lavatory

Monuments

Juicers

Windows

Windshields

Others

By Application

Seating System

Galley

Cabin & Structure

Equipment and System

In-flight Entertainment Systems

By Aircraft Type

Narrow Body Aircraft

Wide Body Aircraft

Large Body Aircraft

By Cabin Class

First Class

Business Class

Economy Class

Others

Glass Door Merchandisers

Others

By Fit

In-line fit

Retro fit

By End-User

Commercial Aircraft

Cargo Aircraft

Business Aircraft

By Region

Global Aircraft Cabin Interior Market is further classified on the basis of region as follows:

North America (U.S., Canada) Market Size and Y-O-Y Growth Analysis

Latin America (Mexico, Brazil, Rest of Latin America) Market Size and Y-O-Y Growth Analysis

Western and Eastern Europe (Germany, Italy, Spain, France, U.K, Benelux, Hungary, Rest Of Western Europe, Russia Poland, Rest of Eastern Europe) Market Size and Y-O-Y Growth Analysis

Asia-Pacific (China, India, Singapore, Japan, Australia and New Zealand and Rest of Asia) Market Size and Y-O-Y Growth Analysis

Middle East and North Africa (MENA) Market Size and Y-O-Y Growth Analysis

Rest of World  Market Size and Y-O-Y Growth Analysis

Growth Drivers and challenges

Rising concern towards interior maintenance of aircraft cabins, availability of customized and modern interior components, introduction of technologically advanced interior components with internet enabled services and rising need for in-flight entertainment from passengers end are some of the key elements which expected to fuel the growth of market of aircraft cabin interior in near future.

In addition to this, factors such as intensification of air traffic, growing economies across the globe due to globalization, periodic refurbishment of interiors in order to keep the aircraft interior attractive and comfortable as well as increasing numbers of long journeys by aircrafts expected to prompt the demand for aircraft cabin interior over the forecast period i.e. 2016-2023.

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However, high cost of customized aircraft cabin interiors which in results increase the cost of travelling, presence of poor quality of equipment, decline in sales of commercial jets owing to increase in fuel prices are some of the factors likely to hinder the market of aircraft cabin interior market across the globe.

Key Players

The key players of aircraft cabin interior market are as follows:

B/E Aerospace, Inc.

Company Overview

Key Product Offerings

Business Strategy

SWOT Analysis

Financials

United Technologies Corporation

Aviointeriors S.P.A.

Panasonic Avionics Corporation

Turkish Cabin Interior Inc.

HAECO Group

C&D Zodiac

Scope and Context

Overview of the Parent Market

Analyst View

Segmentation

The Global Aircraft Cabin Interior Market is segmented as follows:

By Product type Market Size and Y-O-Y Growth Analysis

By Application type Market Size and Y-O-Y Growth Analysis

By Aircraft type Market Size and Y-O-Y Growth Analysis

By Cabin Class type Market Size and Y-O-Y Growth Analysis

By Fit type Market Size and Y-O-Y Growth Analysis

By End-user Market Size and Y-O-Y Growth Analysis

By Regions

North America (U.S., Canada) Market Size and Y-O-Y Growth Analysis

Latin America (Mexico, Brazil, Rest of Latin America) Market Size and Y-O-Y Growth Analysis

Western and Eastern Europe (Germany, Italy, Spain, France, U.K, Benelux, Hungary, Rest Of Western Europe, Russia Poland, Rest of Eastern Europe) Market Size and Y-O-Y Growth Analysis

Asia-Pacific (China, India, Singapore, Japan, Australia and New Zealand and Rest of Asia) Market Size and Y-O-Y Growth Analysis

Middle East and North Africa (MENA) Market Size and Y-O-Y Growth Analysis

Rest of World  Market Size and Y-O-Y Growth Analysis

Market Dynamics

Supply and Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment

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Satr Martin

About the Author

Satr Martin
Joined: December 4th, 2017
Articles Posted: 159

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