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  • A Flight to Prosperity: Unveiling the Aircraft Seating Market's $8.7 Billion Journey by 2027

    (, September 13, 2023 ) The Global Aircraft Seating Market is on an upward trajectory, with a projected growth from USD 6.3 billion in 2022 to USD 8.7 billion by 2027, reflecting a CAGR of 6.8%. This remarkable expansion is driven by several key factors, including:

    Growing Number of Premium Economy Seats: Airlines are increasingly recognizing the demand for premium economy seats as passengers seek enhanced comfort without the premium price tag.

    In-Flight Entertainment and Connectivity (IFEC) Systems: The rising preference for seats equipped with IFEC systems is contributing to market growth as passengers seek entertainment and connectivity options during flights.

    Maintenance and Retrofitting: The need for maintenance and retrofitting of existing aircraft, to meet evolving passenger expectations, is driving investments in new seating solutions.

    Download PDF Brochure @

    Market Segmentation:

    The report segments the aircraft seating market based on various criteria:

    Class: It encompasses Business, First, Premium Economy, and Economy classes, each catering to a different segment of travelers.

    End Use: The market is divided into OEM (Original Equipment Manufacturer), Aftermarket, and MRO (Maintenance, Repair, and Overhaul), offering insights into the diverse needs of the aviation industry.

    Aircraft Type: This includes Narrow Body Aircraft (NBA), Wide Body Aircraft (WBA), Regional Transport Aircraft (RTA), and Business Jets, revealing the specific demands of various aircraft categories.

    Materials and Components: A detailed analysis of the materials and components used in aircraft seating sheds light on innovations and advancements in seat design and construction.

    Regional Insights:

    The Asia Pacific region is projected to experience the highest CAGR in the OEM aircraft seating market during the forecast period. Countries in this region are investing in research and development efforts, presenting significant opportunities for OEM producers to expand their businesses.

    Key Players:

    The aircraft seating market is characterized by prominent players, including Collins Aerospace (US), Safran (France), Geven S.p.A. (Italy), RECARO Aircraft Seating (Germany), and HAECO (Hong Kong). These industry leaders have extended their presence across various regions globally, driving innovation and competition.

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    About MarketsandMarkets

    MarketsandMarkets has been recognized as one of Americas best management consulting firms by Forbes, as per their recent report.

    MarketsandMarkets is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

    Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

    The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

    Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.


    Mr. Aashish Mehra


    Source: EmailWire.Com


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