Market Insights and Analysis: Global Aircraft Seating Market Overview and Projections (2024-2030)
The Global Aircraft Seating Market size is valued at USD 7.62 billion in 2023 & is estimated to grow at a CAGR of around 7.14% during the forecast period, i.e., 2024-30. The factors that are positively influencing the market growth are the rising travel activities via commercial aircraft, the increasing production of airplanes, and the growing popularity of urban mobility.
Top leading companies in the Global Aircraft Seating Market includes:
Zodiac Aerospace (Safran), Collins Aerospace, Geven, RECARO Aircraft Seating, Jamco, HAECO, Lufthansa Technik, Stelia Aerospace, Zim Flugsitz, Acro Aircraft Seating, and Others.
Global Aircraft Seating Market Challenge:
Complex Certification Requirement & Operational Issues Hinders Market Growth – Official Authorities are increasingly laying stricter regulations and standards for aircraft makers to ensure the safety of the passengers. These governing bodies have even set severe requirements for the components such as the electrical fittings and actuators. Therefore, the new components designed by the manufacturer must undergo the testing and approval phase. This process is complex and takes time owing to which the aircraft manufacturers rely on the conventional components and do not rapidly replace their parts. Additionally, the top companies are facing supply chain issues and a shortage of small raw materials, which is impeding the production of the seats and leading to delays in deliveries. Thus, these operational challenges faced by the market players are slowing down the market growth.
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Report Segmentation:
The market is categorized into the following segments in the report:
By Product Type
-Software- Market Size & Forecast 2019-2030, (USD Million)
-Services- Market Size & Forecast 2019-2030, (USD Million)
-Network-as-a-Service- Market Size & Forecast 2019-2030, (USD Million)
-Security-as-a-Service- Market Size & Forecast 2019-2030, (USD Million)
By Organization Size
-Large Enterprise- Market Size & Forecast 2019-2030, (USD Million)
-Small & Medium Enterprise- Market Size & Forecast 2019-2030, (USD Million)
By End User
-Government- Market Size & Forecast 2019-2030, (USD Million)
-BFSI- Market Size & Forecast 2019-2030, (USD Million)
-Retail & E-Commerce- Market Size & Forecast 2019-2030, (USD Million)
-IT & ITES- Market Size & Forecast 2019-2030, (USD Million)
-Healthcare- Market Size & Forecast 2019-2030, (USD Million)
-Energy & Utilities- Market Size & Forecast 2019-2030, (USD Million)
-Telecom- Market Size & Forecast 2019-2030, (USD Million)
-Others (Manufacturing, etc.) – Market Size & Forecast 2019-2030, (USD Million).
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Global Aircraft Seating Market Geographic Reach:
The Geographic Reach of the Global Aircraft Seating Market evaluates the spread and significance of Global Aircraft Seating market consumption across different regions/country, emphasizing areas with the largest market size and the most promising growth potential.
- North America: US, Canada, Mexico
- Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
- Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, South Africa, Rest of MEA.
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