According to CMi, the global aircraft seating market size, forecast, analysis and share will exceed US$9.25 billion by 2030 at a CAGR of 17%

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Aircraft Seating Market was 6.94 Billion US$ in 2021 and is projected to reach approximately 9.25 Billion US$ by 2030, growing at a CAGR of 17% from 2022-2030.

Global Aircraft Seating Market was estimated at USD 6.94 Billion in 2021 and is projected to reach around USD 9.25 Billion by 2030, growing at a CAGR of around 17% between 2022 and 2030. »

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SANDY, UTAH, USA, November 15, 2022 / — According to the study, the Global aircraft seat market was estimated at USD 6.94 billion in 2021 and is projected to reach around USD 9.25 billion by 2030, growing at a CAGR of around 17% between 2022 and 2030.

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aircraft seat market: Insight

The growing demand for advanced seating options for aircraft, but the major market players are helping the market to record considerable revenue over the period. The use of advanced materials in the manufacture of aircraft seats helps provide a premium experience for potential consumers. Various cutting-edge technologies, such as 16G and 21G, have boosted potential consumer demand for airplane seats. Moreover, the large number of people who regularly travel by plane for business and occasional trips has greatly increased the demand for airline seats.

Aircraft Seats Market: Growth Drivers

Growing demand for advanced facilities and technologies with seating options in airplanes has boosted the market significantly. The growing demand for in-flight connectivity and entertainment has increased the demand for advanced electrical components, providing potential consumers with a premium facility during their journey. The massive number of people opting for airplanes traveling around the world has become a major driving force for the airplane seat market. The increase in disposable income available to the population has also increased the number of passengers traveling daily by air.

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Key ideas:

A) According to the analysis shared by our research analyst, the aircraft seat market is expected to grow annually at a CAGR of around 17% over the forecast period (2022-2030).
B) In terms of revenue, Aircraft Seats Market was valued at around USD 6.94 Billion in 2021 and is projected to reach USD 9.25 Billion by 2030. Due to various driving factors, the market is expected to grow at a significant rhythm.
C) Rising fuel prices have been a major restraining factor for the growth of the aviation industry. The profits of the aeronautical industry are not enormous; hence, the market suffers a huge loss. Lack of advanced infrastructure and aircraft design is another factor limiting the growth of the market.
D) Growing demand for aviation facilities among developing countries has emerged as a significant opportunity for the aircraft seat market which is expected to grow in the future. The huge number of people opting for air travel has emerged as a significant growth factor for the market.
E) The aviation industry faces challenges in profit and economy. Moreover, the rules and regulations imposed by the government through taxes have largely hindered the growth of the market.

Press release for the aircraft seat market:

Regional landscape

The North America region has emerged as the major market segment for recent advancements in technology, which has witnessed massive demand from potential consumers. The major manufacturers in the aircraft seat market in this region also emerged as a significant growth factor, contributing to the need to register considerable revenue over the period. Advanced seating options, which have been introduced to the North American market, have helped manufacturers earn significant revenue over time.

Europe has also become one of the largest markets for advanced seating options in the aircraft segment, which has boosted the economy significantly. Potential consumers demanded structurally advanced seating positions for their high shock absorption characteristics. Additionally, potential consumers are demanding modern designs in this region, contributing to the growth of the market. A higher CAGR was expected in the Asia-Pacific region due to the growing demand for modern facilities. Also, increasing disposable income of people is helping them to opt for aviation industry for travel, which helps to boost the aircraft seat market significantly.

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Key players

Aviointeriors SpA
Geven thermal baths
Acro Aircraft Seating Ltd
Airbus S.A.S.
Jamco Corporation
Raytheon Technologies Corporation
Swire Pacific Limited
China Aviation Industry Corporation, Ltd.
Recaro Aircraft Seating GmbH & CO. KG

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The Aircraft Seats Market is segmented as follows:

By aircraft type

Regional aircraft
Commercial aircraft
Business aircraft
transport aircraft

By class

Superior economy class
Economy class
First class
Business class

By seat type

16G seats
9G seats
21G seats

By component

Electrical connections

Per end user

Secondary market

By geography

North America

United States
Great Britain
The rest of Europe

Asia Pacific

South Korea
Rest of Asia-Pacific

Latin America

Rest of Latin America
Middle East and Africa
North Africa
South Africa
Rest of the Middle East and Africa

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