Aircraft Cabin Interiors Market Worth $40.2 Billion by 2025
New York, NY, Jan-31, 2020 / (Aerospace NEWS)--
According to the new market research report "Aircraft
Cabin Interiors Market by Type (Aircraft Seating, IFEC, Aircraft Cabin
Lighting, Aircraft Galley, Aircraft Lavatory, Aircraft Windows &
Windshields, Aircraft Interior Panels), End User, Aircraft Type,
Material, Region - Global Forecast to 2025", published by MarketsandMarkets™, the Aircraft Cabin Interiors Market is projected to grow from USD 27.0 billion in 2018 to USD 40.2 billion
by 2025, at a CAGR of 5.87% from 2018 to 2025. Increase in the number
of new aircraft orders, rise in air passenger traffic, and retrofit
activities being carried out for upgrading the existing aircraft are
some of the key factors driving the growth of the aircraft cabin
interiors market.
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Based
on type, the In-flight Entertainment & Connectivity (IFEC) segment
of the aircraft cabin interiors market is projected to grow at the
highest CAGR during the forecast period.
The
in-flight entertainment & connectivity segment of the aircraft
cabin interiors market is projected to grow at the highest CAGR from
2018 to 2025. The growth of this segment can be attributed to an
increased demand for in-flight entertainment & connectivity systems
as they have become an alternate source of income for most of the
airlines. The ancillary revenue obtained from these systems is helping
airlines in maintaining and enhancing the quality of their onboard
services. Different airlines are using different sources such as onboard
shopping, Wi-Fi connectivity, and advertising for revenue generation.
Based
on aircraft type, the wide body aircraft segment of the aircraft cabin
interiors market is projected to grow at the highest CAGR from 2018 to
2025.
Based
on aircraft type, the wide body aircraft segment is projected to grow
at the highest CAGR during the forecast period. The increasing number of
new aircraft orders and rising demand for enhanced passenger
experience, especially the long-haul aircraft are leading to the growth
of the wide body aircraft segment of the aircraft cabin interiors
market.
Browse in-depth TOC on "Aircraft Cabin Interiors Market"
338 - Tables
51 - Figures
307 - Pages
Based
on end user, the Aftermarket segment of the aircraft cabin interiors
market is projected to grow at the highest CAGR from 2018 to 2025.
Based
on end user, the Aftermarket segment of the aircraft cabin interiors
market is projected to grow at the highest CAGR during the forecast
period. The growth of this segment is due to rising demand for
retrofitting components within the aircraft cabin.
The Middle East aircraft cabin interiors market is projected to grow at the highest CAGR during the forecast period.
The
Middle Eastaircraft cabin interiors market is projected to grow at the
highest CAGR from 2018 to 2025. The growth of the market in this region
is largely due to increase in fleet size, this market consists of
aftermarket and MRO.
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The
report profiles the most promising players in the HFC market. The
competitive landscape of the market presents an interesting picture of
the strategies adopted by market players.
Major players operating in the aircraft cabin interiors market include Zodiac Aerospace (France), United Technologies Corporation (US), Astronics Corporation (US), Cobham plc (UK), Diehl Stiftung & Co. KG (Germany),
Global Eagle Entertainment (US), Gogo (US), Honeywell International
(US), Panasonic Avionics (US), and RECARO Aircraft Seating GmbH &
Co. KG (Germany), among others. These
players offer different products used in aircraft cabin interiors such
as aircraft seating, in-flight entertainment & connectivity,
aircraft galley, and aircraft lavatory. These companies have
well-equipped manufacturing facilities and strong distribution networks
across North America, Europe, and Asia Pacific regions.
Contact:Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
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