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The global aircraft seating market size is expected to exhibit strong growth by reaching USD 9.25 billion by 2029. Fortune Business Insights™ in its report titled “Aircraft Seating Market Size, Share & COVID-19 Impact Analysis, By Aircraft Type (Commercial, Business Jets, Regional Aircraft, and Transport Aircraft), By Class (Economy Class, Premium Economy Class, Business Class, and First Class), By Seat Type (9G Seats, 16G Seats, and 21G Seats), By Component (Structure, Foams, Actuators, Electrical Fittings, and Others), By End-use (OEM and Aftermarket), and Regional Forecasts, 2022-2029” observes that the market size in 2021 was USD 6.87 billion and touched USD 6.94 billion in 2022. The market is expected to exhibit a CAGR of 4.19% during 2022-2029. Rising passenger aircraft deliveries and the adoption of lightweight materials are expected to propel the market development.
Adient Aerospace Announced the Selection of Ascent Business Class Suites by Qatar Airlines to Boost Brand Image
Adient Aerospace declared that Qatar Airways selected its Ascent Business Class suites in June 2021. Ascent Business Class suites are designed for the B787-9 Dreamliners and offer a modern design that is functional, spacious, and personal. This strategy may enable the company to enhance its brand image globally.
Disruptions in Supply Chain to Hinder Market Growth
This market is expected to be negatively affected during the COVID-19 pandemic due to supply chain disruptions. The restrictions placed on manufacturing may negatively affect businesses. Furthermore, restrictions placed on transport and travel may hamper raw materials availability. However, manufacturers adopt part-time shifts, reduced capacities, and automated production techniques to recover and boost their market position. This factor may influence the market growth during the pandemic.
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Increasing Air Traffic to Foster Industry Growth
Aircraft seats are used in commercial and military aircraft to enhance convenience. Increasing passenger air traffic may foster its demand. The increasing demand for high-quality seating solutions may enhance the product demand. Further, the rising load of air traffic may boost the adoption of seating. For example, as per Airbus, India may require nearly 1,750 new passengers and cargo in the coming 20 years to complete freight and passenger traffic demand. In addition, the increasing demand for In-Flight Entertainment and Connectivity (IFEC) may drive the aircraft seating market growth.
Companies Acquire Certifications to Bolster Brand Image
Prominent companies operating in the market acquire certifications to elevate their brand image. For example, HAECO Cabin Solutions acquired an FAA Technical Standard Order (TSO) certification for its Vector Light catalogue in April 2021. The catalogue features a slew of products with selectable options to offer passengers with a convenient travel experience. This strategy may allow players to boost their operations and achieve a remarkable global brand presence. Moreover, companies invest heavily in novel product launches, expansions, partnerships, research & development, and acquisitions to boost their brand image globally.
Notable Industry Development
List of Key Players Profiled in the Report
Further Report Findings
Report Scope & Segmentation
ATTRIBUTE | DETAILS |
Study Period | 2018-2029 |
Base Year | 2021 |
Estimated Year | 2022 |
Forecast Period | 2022-2029 |
Historical Period | 2018-2020 |
Unit | Value (USD Billion) |
Segmentation | By Aircraft Type, Class, Seat Type, Component, End-Use, and Geography |
By Aircraft Type
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By Class
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By Seat Type
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| By Component
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| By End-Use
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By Geography
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