Global Aircraft Cabin Interior Market is Estimated to Reach $40 Billion by 2025, Says Accurize Market Research
Global aircraft cabin interior market report published by Accurize Market Research forecast that the global market is expected to reach $40 billion by 2025; growing at a CAGR of 8.5% from 2017 to 2025. By geography, Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.
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Innovative airplanes and speedy innovations in cabin-related technologiesacross the globe to drive the growth of the market
Innovative airplanes andspeedyinnovations in cabin-related technologiesfuelthe demand for the global aircraft cabin interior market.Furthermore,increased passenger prospects for comfort and customization also boosts the growth of the market.
MarketSegmentation
The global aircraft cabin interior market has been bifurcated on the basis of type, aircraft type, vendor, material and geography. Based on type, the aircraft cabin interior market is segmented into aircraft seating, in-flight entertainment, galley equipment, aircraft lavatory, aircraft windows and windshields, aircraft overhead stowage bin, cabin lighting and aircraft interior panels. On the basis of aircraft type segment, the aircraft cabin interior market is segregated into narrow body aircraft, wide body aircraft, very large aircraft, regional transport aircraft and business jets. On the basis of vendor, the aircraft cabin interior market is divided into OEM, aftermarket and MRO. Based on material segment, the aircraft cabin interior market is segregated into composites, aluminum alloy and steel alloy, among others.
By geography the market is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW). The U.S. and Canada are countries under North America wherein Europe covers U.K, Germany, France and others. Asia-Pacific covers China, India, Japan, and rest of Asia-Pacific. RoW covers South America, Middle East and Africa.
“Aircraft seating is anticipated to lead the market in the type segment”, says Accurize
Based on type, aircraft seating segment is anticipated to lead the aircraft cabin interior market during the forecast period 2017-2025. The in-flight entertainment subsegment is likely to achieve the highest rate during the forecast period.
Further, by aircraft type,wide body aircraft segment is expected to grow at the highest rate due to increasing aircraft orders and growing demand for long duration air travel over the globe.
Top players in the market
The key market players include Zodiac Aerospace, Honeywell International Inc., Cobham PLC, United Technologies Corporation,Gogo Inc., Global Eagle Entertainment Inc., Thales Group,United Technologies Corporation,Diehl Stiftung& Co. KG, Rockwell Collins andAstronics Corporationamong others.
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