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According to the estimates by IMARC Group, the global aircraft seating market is expected to witness a CAGR of 7% from 2021 to 2026.
The increasing penetration of low-cost airlines, introduction of new international air routes, and the expanding travel and tourism industry are some of the major drivers for the global aircraft seating market.
Introduction of advanced technologies for developing virtual prototypes of aircraft seating with 3D models is one of the key trends in the global aircraft seating market.
The global market for aircraft seating had been hampered by the sudden outbreak of the COVID-19 pandemic due to the restricted air travel activities and temporary shutdown of numerous manufacturing facilities across the globe.
On the basis of the aircraft type, the market has been divided into narrow body aircraft, widebody aircraft, very large aircraft, regional transport aircraft and others. Among these, narrow body holds the largest market share in this segment.
On the basis of the seating class type, the market has been bifurcated into the economy class, premium economy class, business class and first class. Currently, economy class accounts for the majority of the market share.
On the basis of the component type, the market has been classified into seat actuators, foams and fittings, and others. At present, seat actuators represent the largest segment.
Based on the end use sector, the market has been segmented into OEM, aftermarket, and maintenance, repair & overhaul (MRO), where OEM holds the largest market share.
Region-wise, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where North America dominates the global market.
The key companies in the global aircraft seating market are Acro Aircraft Seating, Adient Public Limited Company, Airbus SE, Autoflug GmbH, Aviointeriors SPA, Geven SPA, Hong Kong Aircraft Engineering, Jamco Corporation, Rockwell Collins Inc., Recaro Holding GmbH, Safran Aircraft Engines, Thompson Aero Seating Limited, United Technologies Corporation, etc.
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