DUBLIN, November 27, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/dt9vkx/aircraft_seating) has announced the addition of the "Aircraft Seating Market by Seat Type, Aircraft Type, Fit, Component & Region - Global Forecast & Analysis to 2020" report to their offering.
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A number of factors including increasing aircraft orders, demand for lightweight seat designs and components, and growth in premium air travel are expected to drive the aircraft seating market. In terms of value, the global aircraft seating market is estimated to be USD 7.48 Billion in 2015, and is projected to grow at a CAGR of 14.65% from 2015 to 2020.
The aircraft seating market is broadly classified into seat type, aircraft type, fit type, and component. On the basis of seat type, business class seat segment is projected to account for the highest market share. It is also expected to grow at the highest CAGR during the forecast period.
On the basis of region, this market is classified into North America, Europe, and rest of the world (RoW). In 2015, the aircraft seating market is estimated to be dominated by North America, whereas highest growth rate is exhibited in the emerging markets. This high growth rate is attributed to rising air travel in emerging economies, such as India and China, over the past few years.
Factors such as growth in air travel, rise in aircraft orders, need for fuel efficiency, and growth in emerging markets are influencing the demand for aircraft seats. In contrast to this, factors such as economic slowdown and alternative modes of transportation are projected to restrict the growth of the aircraft seating market.
New product launches serve to a key strategy adopted by major players to sustain their position in the global aircraft seating market. Partnerships, agreements, collaborations, joint ventures, and acquisitions, are additional growth strategies adopted by key players to strengthen their product portfolio and expand their geographic presence.
Reasons to Buy the Report:
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Aircraft Seating Market, By Aircraft Type
8 Aircraft Seating Market, By Seat Type
9 Aircraft Seating Market, By Fit Type
10 Aircraft Seating Market, By Component
11 Aircraft Seating Market, By Region
12 Competitive Landscape
13 Company Profiles
14 Appendix
Companies Mentioned:
For more information visit http://www.researchandmarkets.com/research/dt9vkx/aircraft_seating
Media Contact:
Laura Wood ,
+353-1-481-1716,
press@researchandmarkets.net
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