Aircraft Seat Actuation System Global Market Report 2022: Industry to Reach $1.04 Billion by 2027 at an 8.29% CAGR - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 30, 2022--
The “Aircraft Seat Actuation System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering.
The global aircraft seat actuation system market size reached US$ 645 Million in 2021. Looking forward, the publisher expects the market to reach US$ 1,040 Million by 2027, exhibiting a CAGR of 8.29% during 2021-2027.
Aircraft seat actuation systems provide comfort and safety to passengers and pilots. They assist in optimizing weight, kinetics, and intelligence, and providing smooth, ergonomic seat motion. They also aid in improving connectivity for passengers and pilots and offering higher performance and smart maintenance concepts.
They comprise electronic control units, linear and rotary actuators, passenger seat control units, wiring harnesses, and lumbar massage systems. As aircraft seat actuation systems are light, silent, reliable, compact, and customizable, their demand is escalating around the world.
Aircraft Seat Actuation System Market Trends:
Due to inflating disposable incomes, there is a significant increase in premium air travel worldwide. This, in confluence with the flourishing aviation industry, represents one of the key factors strengthening the market growth. Apart from this, the growing need for maintenance and retrofitting of existing aircraft is also driving the market. Moreover, the increasing procurement of commercial and military aircraft across the globe is offering lucrative growth opportunities to leading market players.
Furthermore, aircraft manufacturers are extensively investing in research and development (R&D) activities to enhance the efficiency, size, and intelligence of aircraft seat actuation systems and ensure a comfortable and luxurious flying experience for passengers. They are also focusing on reducing the basic operating empty weight (OEW) of the aerial vehicle by using lightweight equipment and furniture.
This, along with technological advancements, such as 3D printing and fiber-reinforced composites to make lighter and cost-effective seat actuators, is impelling the growth of the market. Other major factors, including the rising demand for lightweight cabin products and the growing number of low-cost airlines, are anticipated to impel the market growth in the coming years.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global aircraft seat actuation system market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, seat class, mechanism, component, aircraft type and end use.
Breakup by Type:
Breakup by Seat Class:
- Business Class
- Economy Class
- Premium Economy Class
- First Class
Breakup by Mechanism:
Breakup by Component:
- In-seat Power Supply
- Passenger Control Unit
- Electronic Control Unit
Breakup by Aircraft Type:
- Narrow Body Aircraft (NBA)
- Wide Body Aircraft (WBA)
- Very Large Aircraft (VLA)
- Regional Transport Aircraft (RTA)
Breakup by End Use:
- Original Equipment Manufacturer (OEM)
Breakup by Region:
- United States
- South Korea
- United Kingdom
- Middle East and Africa
Key Questions Answered in This Report:
- How has the global aircraft seat actuation system market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global aircraft seat actuation system market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the seat class?
- What is the breakup of the market based on the mechanism?
- What is the breakup of the market based on the component?
- What is the breakup of the market based on the aircraft type?
- What is the breakup of the market based on the end use?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global aircraft seat actuation system market and who are the key players?
- What is the degree of competition in the industry?
Key Topics Covered:
2 Scope and Methodology
3 Executive Summary
5 Global Aircraft Seat Actuation System Market
6 Market Breakup by Type
7 Market Breakup by Seat Class
8 Market Breakup by Mechanism
9 Market Breakup by Component
10 Market Breakup by Aircraft Type
11 Market Breakup by End Use
12 Market Breakup by Region
13 SWOT Analysis
14 Value Chain Analysis
15 Porters Five Forces Analysis
16 Price Analysis
17 Competitive Landscape
- Astronics Corporation
- Buhler Motor GmbH
- Collins Aerospace (Raytheon Technologies Corporation)
- Crane Aerospace & Electronics (Crane Co.)
- Mesag System AG
- Moog Inc.
- NOOK Industries INC.
- Rollon S.p.A.
For more information about this report visit https://www.researchandmarkets.com/r/i7hbhb
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INDUSTRY KEYWORD: AEROSPACE MANUFACTURING
SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 12/30/2022 05:42 AM/DISC: 12/30/2022 05:42 AM