Aircraft Seating Industry Worth $8.7 Billion USD by 2027

1. AircraftSeatingIndustryWorth$8.7 Billion USD by 2027 at a CAGR of6.8% The report on the Aircraft Seating Marketprovides a detailed trend analysis from 2018 to 2027. It discusses industry and technology trends currently prevailing in the market, along withdrivers, restraints, challenges, and opportunities that influence the growth of themarket. The global aircraft seating market size is projected to grow from USD 6.3 billion in 2022 to USD 8.7billion by 2027, at a CAGR of 6.8% from 2022 to 2027. The market is driven by various factors, such as the growing demand for seats installed with IFEC systems, increasing number of premium economy seats, and maintenance & retrofitting of existingaircraft. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=906 Based on end use, the OEM segment of the aircraft seating market accounts for the highest CAGR during the forecastperiod Based on end use, The OEM segment is expected to be projected to have the highest CAGR for the aircraft seating market during the forecast period. The OEM segment in the aircraft seating market growth is attributed to the increase in number of aircraft deliveries and increasing restructuring of aircraft seats by airlines to increase the seat capacity. Based on aircraft type, the wide body aircraft segment of the aircraft seating market is projected to grow at a higher CAGR during the forecastperiod Based on aircraft type, the wide body aircraft is expected to grow from 1,638 million in 2022 and 2,430 million in 2027 at a CAGR of 8.2% during the forecast period. Wide body aircraft have a higher demand for interiors than narrow body and regional transport aircraft since there is greater room for installing wide seats and other cabin interior components. Wide-body aircraft operated by major airlines are focusing on modernizing their cabins.

2. Based on class, the premium economy segment of the aircraft seating market is projected to grow at a higher CAGR during the forecastperiod Based on class, the premium economy aircraft is expected to grow from 1,375 million in 2022 and 2,019 million in 2027 at a CAGR of 8.0% during the forecast period. The airline companies are increasing premium economy seats to increase theirprofits. Based on Region, the North American segment of the aircraft seating market is projected to have the largest market share in2022 Based on the region, the North American region of the aircraft seatingmarket is projected to grow at a rate of 7.3%. The presence of major OEM players in this region is driving the market. Major aircraft seating OEM manufacturing companies of North America, including HAECO (Hong Kong), Collins Aerospace (US), Adient Aerospace (US). Ask for Sample Report@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=906 AboutMarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Aashish Mehra MarketsandMarkets™INC. 630 DundeeRoad Suite 430 Northbrook, IL60062 USA:1-888-600-6441