Aircraft Seating Market Size, Trends, and Insights By Aircraft Type (Regional aircraft, Commercial Aircraft, Business jets, Transport aircraft), By Class (Premium economy class, Economic class, First class, Business class), By Seat Type (16G seats, 9G seats, 21G seats), By Component (Structure, Actuators, Forms, Electrical fittings, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share Outlook, and Forecast 2024–2033
Report Snapshot
Study Period: | 2024-2033 |
Fastest Growing Market: | Asia-Pacific |
Largest Market: | Europe |
Major Players
- Aviointeriors S.p.A.
- Geven S.p.a.
- Acro Aircraft Seating Ltd
- Airbus S.A.S.
- Others
Reports Description
According to Custom Market Insights (CMI), The Global Aircraft Seating Market presented a growth of USD 6.94 billion in 2021 and is expected to reach USD 7.19 billion in 2022 and is expected to touch USD 9.25 billion by the end of 2030, growing at a compound annual growth rate of 4.19%. The increasing demand for advanced seating facilities in the aircraft industry has helped the aircraft seating market record considerable revenue.
The seating facilities provided by the aircraft market are the essential feature that has to be taken care of for attracting potential consumers as it affects the entire travelling experience of the consumer. The significant number of people who travel by aircraft worldwide has boosted the demand for advanced seating options in the market. In addition, the pandemic outbreak considerably affected the aircraft seating market, which experienced a tremendous boost.
Growth Factors
The significant number of people who travel by aircraft regularly is helping the market record considerable revenue over time. In addition, commercial and business aircraft demand advanced seating options that provide a premium experience to potential consumers, which is expected to be a growth factor for the market.
The use of 16G and 21G models in the seating options of aircraft has attracted potential consumers through the extreme comfort and premium experience. The key market players have used premium materials to manufacture the seats, making them highly comfortable for the passengers, and hence it experiences a tremendous demand from the market.
Segmental Insights
Segmentation of aircraft seating market based on Aircraft Type
Based on aircraft type, the segment of commercial aircraft has emerged as the largest segment due to the huge demand and supply experienced by the industry. The commercial aircraft segment has emerged as the largest consumer of advanced seats that provide maximum comfort to passengers. The increasing demand for comfortable seating positions for a more extended period, especially during aircraft journeys, has boosted the demand and supply of the commercial aircraft segment. To increase the airlines’ revenue, the operators have adopted low-cost subsidiaries, which proved profitable for the company.
The increasing need for commercial and aircraft among the key market players is also helping to boost the demand for advanced seats, mainly concentrating on the passengers’ comfort to attract potential consumers. In addition, the increasing number of facilities provided by aircraft companies to potential consumers is expected to boost the demand for these facilities. Approximately one lakh aircraft land, take off daily worldwide and use aircraft seats.
The average time taken by an aircraft to reach any destination is around 2 hours which accounts for about 6 million individuals who fly daily. Therefore, this becomes a significant factor that has increased the demand and supply of commercial aircraft using advanced seating options, which boosts the market to a great extent.
Segmentation of the aircraft seating market based on Class Analysis
Based on class analysis, the economy class segment has accounted for the largest share of the market due to its extensive demand among people for the cost-effective options provided by this segment. In addition, the increasing demand of economic class among people for travelling to various destinations has emerged as a significant reason for boosting the demand and supply. This has helped the segment to earn considerable profits over the period.
The economic suits have experienced tremendous growth over the limited disposable income available to the people, which encourages them to opt for these facilities.
The segment of the premium economy is also foreseen to experience tremendous growth owing to the increasing demand for a premium experience in the economy segment. The seating positions, which enable the passenger to recline when required, help the consumer obtain a comfortable position during a long journey, making it less tiresome. Most Airways have adopted advanced seats worldwide to boost the aircraft market among potential consumers. The preference for premium facilities in economy-class aircraft has increased the demand for such centres. The vast number of people travelling with economy tickets has dramatically boosted the supply of these seats, which is foreseen to continue similarly in the future.
Segmentation of the aircraft seating market based on Seat Type
Based on seat type, the segment of 16G seats has emerged as the largest market due to the advanced seating options provided by these options, which attract potential consumers worldwide. In addition, the increasing demand for advanced technologies in the seating facilities provided by aircraft companies has boosted the need for this segment to a great extent—facilities such as the absorbance of shock help to manage the extreme turbulence experienced in an aircraft.
The innovative structure of the aircraft’s advanced seats has also boosted the market for this segment, attracting potential consumers. In addition, the modern design adopted by the seating manufacturers has attracted potential consumers, which helps the need to record significant growth over the period. Contemporary planes all over the world are presently using 16G seats regularly. The considerable number of people opting for Airways due to the cheaper options available is helping the aircraft seating market record a tremendous revenue which is foreseen to increase in the future.
The supportive rules and regulations of the government, which have boosted the demand for 16G seats, have helped the market to record considerable revenue over the period. Significant growth is expected from the 21G seat in the adoption of modern aircraft. The expectation of luxurious seating facilities in commercial aviation has considerably boosted the demand for this segment. Business aircraft are also using advanced technologies for the seating facilities to provide a premium experience to their potential consumers.
Segmentation of the aircraft seating market based on Component Analysis
Based on the component analysis, the structure segment has emerged as the largest segment due to the massive demand for this component among the key market players for attracting potential consumers. The increasing demand for lightweight aerostructures is helping this segment record considerable revenue and become a leading market player. The rapid advancements observed in the aircraft market have boosted the need for advanced aerostructures, which are light in weight and help to provide better performance.
The segment of electrical fitting is expected to record considerable revenue over the period owing to the increasing demand for advanced fitting options among the key market players. The IFEC has emerged as an essential component in the market responsible for boosting the demand for electrical fittings with advanced facilities that provide a premium experience to the consumers and are placed in most aircraft. The passenger’s flight experience is affected by this component, which helps attract potential consumers.
Segmentation of the aircraft seating market based on End User
Based on end-user, the segment of O.E.M. has emerged as the largest segment owing to the huge demand and supply experienced among the people. Furthermore, emerging countries like China, India, and many others are demanding advanced aircraft at par with the modern generation, helping boost the O.E.M. market significantly. In addition, the increasing demand for modern facilities among the people belonging to this region which is supported by the rapid acceptance of modern technology has boosted the market for aircraft seating to a great extent.
The recent innovations in the seating technology used by aircraft have enabled the economy of the O.E.M. market. In addition, the key market players have experienced a tremendous demand from the developing nations, which is helping to boost the market to a great extent and is expected to continue similarly in the future, which will help propel the market considerably.
Report Scope
Feature of the Report | Details |
Market Size in 2021 | USD 6.94 Billion |
Projected Market Size in 2030 | USD 9.25 Billion |
CAGR Growth Rate | 4.19% CAGR (2022-2030) |
Base Year | 2023 |
Forecast Period | 2024-2033 |
Prominent Players | Aviointeriors S.p.A., Geven S.p.a., Acro Aircraft Seating Ltd, Airbus S.A.S., Jamco Corporation, Raytheon Technologies Corporation, Swire Pacific Limited, The Aviation Industry Corporation of China Ltd., Recaro Aircraft Seating GmbH & CO. KG, Safran, and Others |
Key Segment | By Aircraft Type, Class, Seat Type, Component, and Region |
Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
Buying Options | Request tailored purchasing options to fulfill your requirements for research. |
Regional Insights
Based on geography, the region of North America has emerged as the largest market for the huge demand and supply of modern technologies used in aircraft seating facilities. The presence of the key market players in this region has also been attributed to be a significant reason for the market’s growth. Aircraft manufacturers in this region have helped the need to record considerable revenue over the period. In addition, the vast number of people who can opt for aircraft with higher disposable income has helped the market record significant revenue.
The region of Europe is also expected to register considerable revenue from the increasing number of passengers who travel by aircraft, increasing the demand for modern facilities among the people.
Recent Developments
- In March 2022 – The latest variety of hawk economic class seats was officially introduced by Mirus aircraft seating, which is sustainable and light in weight. A mechanical reclining system is provided with this advanced seat which has also been provided with an automated extending tray that behaves as a table. Seat covers of sustainable quality have been used for these seats. The seat has also been provided with a USB charging facility for the passenger’s convenience. A holder for the electronic devices is also provided along with the heart, which is built in for every seat.
Key Players
- Aviointeriors S.p.A.
- Geven S.p.a.
- Acro Aircraft Seating Ltd
- Airbus S.A.S.
- Jamco Corporation
- Raytheon Technologies Corporation
- Swire Pacific Limited
- The Aviation Industry Corporation of China, Ltd.
- Recaro Aircraft Seating GmbH & CO. KG
- Safran
Segments covered in the report
aircraft Type
- Regional aircraft
- Commercial aircraft
- Business jets
- Transport aircraft
class
- Premium economy class
- Economic class
- First class
- Business class
By Seat Type
- 16G seats
- 9G seats
- 21G seats
Component
- Structure
- Actuators
- Forms
- Electrical fittings
- Others
By End User
- Aftermarket
- OEM
On the basis of Geography
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market research methodology
- Chapter 2. Executive Summary
- 2.1 Global Aircraft Seating Market, (2022 – 2030) (USD Billion)
- 2.2 Global Aircraft Seating Market : snapshot
- Chapter 3. Global Aircraft Seating Market – Industry Analysis
- 3.1 Aircraft Seating Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 The Huge Number Of People Who Travel By Aircraft
- 3.2.2 Business Aircraft Demand Advanced Seating Options
- 3.2.3 Use Of 16G And 21G Models In The Seating Options Of Aircraft
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market attractiveness analysis By Aircraft Type
- 3.7.2 Market attractiveness analysis By Class
- 3.7.3 Market attractiveness analysis By Seat Type
- 3.7.4 Market attractiveness analysis By Component
- Chapter 4. Global Aircraft Seating Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Aircraft Seating Market: company market share, 2021
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Aircraft Seating Market – Aircraft Type Analysis
- 5.1 Global Aircraft Seating Market overview: By Aircraft Type
- 5.1.1 Global Aircraft Seating Market share, By Aircraft Type, 2021 and 2030
- 5.2 Regional aircraft
- 5.2.1 Global Aircraft Seating Market by Regional aircraft, 2022 – 2030 (USD Billion)
- 5.3 Commercial Aircraft
- 5.3.1 Global Aircraft Seating Market by Commercial Aircraft, 2022 – 2030 (USD Billion)
- 5.4 Business jets
- 5.4.1 Global Aircraft Seating Market by Business jets, 2022 – 2030 (USD Billion)
- 5.5 Transport aircraft
- 5.5.1 Global Aircraft Seating Market by Transport aircraft, 2022 – 2030 (USD Billion)
- 5.1 Global Aircraft Seating Market overview: By Aircraft Type
- Chapter 6. Global Aircraft Seating Market – Class Analysis
- 6.1 Global Aircraft Seating Market overview: By Class
- 6.1.1 Global Aircraft Seating Market share, By Class, 2021 and 2030
- 6.2 Premium economy class
- 6.2.1 Global Aircraft Seating Market by Premium economy class, 2022 – 2030 (USD Billion)
- 6.3 Economic class
- 6.3.1 Global Aircraft Seating Market by Economic class, 2022 – 2030 (USD Billion)
- 6.4 First class
- 6.4.1 Global Aircraft Seating Market by First class, 2022 – 2030 (USD Billion)
- 6.5 Business class
- 6.5.1 Global Aircraft Seating Market by Business class, 2022 – 2030 (USD Billion)
- 6.1 Global Aircraft Seating Market overview: By Class
- Chapter 7. Global Aircraft Seating Market – Seat Type Analysis
- 7.1 Global Aircraft Seating Market overview: By Seat Type
- 7.1.1 Global Aircraft Seating Market share, By Seat Type, 2021 and 2030
- 7.2 16G seats
- 7.2.1 Global Aircraft Seating Market by 16G seats, 2022 – 2030 (USD Billion)
- 7.3 9G seats
- 7.3.1 Global Aircraft Seating Market by 9G seats, 2022 – 2030 (USD Billion)
- 7.4 21G seats
- 7.4.1 Global Aircraft Seating Market by 21G seats, 2022 – 2030 (USD Billion)
- 7.1 Global Aircraft Seating Market overview: By Seat Type
- Chapter 8. Global Aircraft Seating Market – Component Analysis
- 8.1 Global Aircraft Seating Market overview: By Component
- 8.1.1 Global Aircraft Seating Market share, By Component, 2021 and 2030
- 8.2 Structure
- 8.2.1 Global Aircraft Seating Market by Structure, 2022 – 2030 (USD Billion)
- 8.3 Actuators
- 8.3.1 Global Aircraft Seating Market by Actuators, 2022 – 2030 (USD Billion)
- 8.4 Forms
- 8.4.1 Global Aircraft Seating Market by Forms, 2022 – 2030 (USD Billion)
- 8.5 Electrical fittings
- 8.5.1 Global Aircraft Seating Market by Electrical fittings, 2022 – 2030 (USD Billion)
- 8.1 Global Aircraft Seating Market overview: By Component
- Chapter 9. Aircraft Seating Industry – Regional Analysis
- 9.1 Global Aircraft Seating Industry Regional Overview
- 9.2 Global Aircraft Seating Industry Share, by Region, 2021 & 2030 (USD Billion)
- 9.3. North America
- 9.3.1 North America Aircraft Seating Industry, 2022 – 2030 (USD Billion)
- 9.3.1.1 North America Aircraft Seating Industry, by Country, 2022 – 2030 (USD Billion)
- 9.3.1 North America Aircraft Seating Industry, 2022 – 2030 (USD Billion)
- 9.4 North America Aircraft Seating Industry, by Aircraft Type, 2022 – 2030
- 9.4.1 North America Aircraft Seating Industry, by Aircraft Type, 2022 – 2030 (USD Billion)
- 9.5 North America Aircraft Seating Industry, by Class, 2022 – 2030
- 9.5.1 North America Aircraft Seating Industry, by Class, 2022 – 2030 (USD Billion)
- 9.6 North America Aircraft Seating Industry, by Seat Type, 2022 – 2030
- 9.6.1 North America Aircraft Seating Industry, by Seat Type, 2022 – 2030 (USD Billion)
- 9.7 North America Aircraft Seating Industry, by Component, 2022 – 2030
- 9.7.1 North America Aircraft Seating Industry, by Component, 2022 – 2030 (USD Billion)
- 9.8. Europe
- 9.8.1 Europe Aircraft Seating Industry, 2022 – 2030 (USD Billion)
- 9.8.1.1 Europe Aircraft Seating Industry, by Country, 2022 – 2030 (USD Billion)
- 9.8.1 Europe Aircraft Seating Industry, 2022 – 2030 (USD Billion)
- 9.9 Europe Aircraft Seating Industry, by Aircraft Type, 2022 – 2030
- 9.9.1 Europe Aircraft Seating Industry, by Aircraft Type, 2022 – 2030 (USD Billion)
- 9.10 Europe Aircraft Seating Industry, by Class, 2022 – 2030
- 9.10.1 Europe Aircraft Seating Industry, by Class, 2022 – 2030 (USD Billion)
- 9.11 Europe Aircraft Seating Industry, by Seat Type, 2022 – 2030
- 9.11.1 Europe Aircraft Seating Industry, by Seat Type, 2022 – 2030 (USD Billion)
- 9.12 Europe Aircraft Seating Industry, by Component, 2022 – 2030
- 9.12.1 Europe Aircraft Seating Industry, by Component, 2022 – 2030 (USD Billion)
- 9.13. Asia Pacific
- 9.13.1 Asia Pacific Aircraft Seating Industry, 2022 – 2030 (USD Billion)
- 9.13.1.1 Asia Pacific Aircraft Seating Industry, by Country, 2022 – 2030 (USD Billion)
- 9.13.1 Asia Pacific Aircraft Seating Industry, 2022 – 2030 (USD Billion)
- 9.14 Asia Pacific Aircraft Seating Industry, by Aircraft Type, 2022 – 2030
- 9.14.1 Asia Pacific Aircraft Seating Industry, by Aircraft Type, 2022 – 2030 (USD Billion)
- 9.15 Asia Pacific Aircraft Seating Industry, by Class, 2022 – 2030
- 9.15.1 Asia Pacific Aircraft Seating Industry, by Class, 2022 – 2030 (USD Billion)
- 9.16 Asia Pacific Aircraft Seating Industry, by Seat Type, 2022 – 2030
- 9.16.1 Asia Pacific Aircraft Seating Industry, by Seat Type, 2022 – 2030 (USD Billion)
- 9.17 Asia Pacific Aircraft Seating Industry, by Component, 2022 – 2030
- 9.17.1 Asia Pacific Aircraft Seating Industry, by Component, 2022 – 2030 (USD Billion)
- 9.18. Latin America
- 9.18.1 Latin America Aircraft Seating Industry, 2022 – 2030 (USD Billion)
- 9.18.1.1 Latin America Aircraft Seating Industry, by Country, 2022 – 2030 (USD Billion)
- 9.18.1 Latin America Aircraft Seating Industry, 2022 – 2030 (USD Billion)
- 9.19 Latin America Aircraft Seating Industry, by Aircraft Type, 2022 – 2030
- 9.19.1 Latin America Aircraft Seating Industry, by Aircraft Type, 2022 – 2030 (USD Billion)
- 9.20 Latin America Aircraft Seating Industry, by Class, 2022 – 2030
- 9.20.1 Latin America Aircraft Seating Industry, by Class, 2022 – 2030 (USD Billion)
- 9.21 Latin America Aircraft Seating Industry, by Seat Type, 2022 – 2030
- 9.21.1 Latin America Aircraft Seating Industry, by Seat Type, 2022 – 2030 (USD Billion)
- 9.22 Latin America Aircraft Seating Industry, by Component, 2022 – 2030
- 9.22.1 Latin America Aircraft Seating Industry, by Component, 2022 – 2030 (USD Billion)
- 9.23. The Middle-East and Africa
- 9.23.1 The Middle-East and Africa Aircraft Seating Industry, 2022 – 2030 (USD Billion)
- 9.23.1.1 The Middle-East and Africa Aircraft Seating Industry, by Country, 2022 – 2030 (USD Billion)
- 9.23.1 The Middle-East and Africa Aircraft Seating Industry, 2022 – 2030 (USD Billion)
- 9.24 The Middle-East and Africa Aircraft Seating Industry, by Aircraft Type, 2022 – 2030
- 9.24.1 The Middle-East and Africa Aircraft Seating Industry, by Aircraft Type, 2022 – 2030 (USD Billion)
- 9.25 The Middle-East and Africa Aircraft Seating Industry, by Class, 2022 – 2030
- 9.25.1 The Middle-East and Africa Aircraft Seating Industry, by Class, 2022 – 2030 (USD Billion)
- 9.26 The Middle-East and Africa Aircraft Seating Industry, by Seat Type, 2022 – 2030
- 9.26.1 The Middle-East and Africa Aircraft Seating Industry, by Seat Type, 2022 – 2030 (USD Billion)
- 9.27 The Middle-East and Africa Aircraft Seating Industry, by Component, 2022 – 2030
- 9.27.1 The Middle-East and Africa Aircraft Seating Industry, by Component, 2022 – 2030 (USD Billion)
- Chapter 10. Company Profiles
- 10.1 Aviointeriors S.p.A.
- 10.1.1 Overview
- 10.1.2 Financials
- 10.1.3 Product Portfolio
- 10.1.4 Business Strategy
- 10.1.5 Recent Developments
- 10.2 Geven S.p.a.
- 10.2.1 Overview
- 10.2.2 Financials
- 10.2.3 Product Portfolio
- 10.2.4 Business Strategy
- 10.2.5 Recent Developments
- 10.3 Acro Aircraft Seating Ltd
- 10.3.1 Overview
- 10.3.2 Financials
- 10.3.3 Product Portfolio
- 10.3.4 Business Strategy
- 10.3.5 Recent Developments
- 10.4 Airbus S.A.S.
- 10.4.1 Overview
- 10.4.2 Financials
- 10.4.3 Product Portfolio
- 10.4.4 Business Strategy
- 10.4.5 Recent Developments
- 10.5 Jamco Corporation
- 10.5.1 Overview
- 10.5.2 Financials
- 10.5.3 Product Portfolio
- 10.5.4 Business Strategy
- 10.5.5 Recent Developments
- 10.6 Raytheon Technologies Corporation
- 10.6.1 Overview
- 10.6.2 Financials
- 10.6.3 Product Portfolio
- 10.6.4 Business Strategy
- 10.6.5 Recent Developments
- 10.7 Swire Pacific Limited
- 10.7.1 Overview
- 10.7.2 Financials
- 10.7.3 Product Portfolio
- 10.7.4 Business Strategy
- 10.7.5 Recent Developments
- 10.8 The Aviation Industry Corporation of China Ltd.
- 10.8.1 Overview
- 10.8.2 Financials
- 10.8.3 Product Portfolio
- 10.8.4 Business Strategy
- 10.8.5 Recent Developments
- 10.9 Recaro Aircraft Seating GmbH & CO. KG
- 10.9.1 Overview
- 10.9.2 Financials
- 10.9.3 Product Portfolio
- 10.9.4 Business Strategy
- 10.9.5 Recent Developments
- 10.10 Safran
- 10.10.1 Overview
- 10.10.2 Financials
- 10.10.3 Product Portfolio
- 10.10.4 Business Strategy
- 10.10.5 Recent Developments
- 10.1 Aviointeriors S.p.A.
List Of Figures
Figures No 1 to 33
List Of Tables
Tables No 1 to 102
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2030
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
Perspective | Primary research | Secondary research |
Supply-side |
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Demand-side |
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Market Analysis Matrix
Qualitative analysis | Quantitative analysis |
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FAQs
“North America” region will lead the global Aircraft Seating market during the forecast period 2022 to 2030.
The key factors driving the market are extreme comfort and premium experience.
The key players operating in the Aircraft Seating market are Aviointeriors S.p.A., Geven S.p.a., Acro Aircraft Seating Ltd, Airbus S.A.S., Jamco Corporation, Raytheon Technologies Corporation, Swire Pacific Limited, The Aviation Industry Corporation of China Ltd., Recaro Aircraft Seating GmbH & CO. KG, Safran.
The global Aircraft Seating market is expanding growth with a CAGR of approximately 4.19% during the forecast period (2022 to 2030).
The global Aircraft Seating market size was valued at USD 6.94 billion in 2021 and it is projected to reach around USD 9.25 billion by 2030.