Global Commercial Aircraft Cabin Interior Market Study, 2019 to 2024 with Safran, Collins Aerospace, Honeywell Intl, Panasonic Corp, and Diehl Aerospace Dominating – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Commercial
Aircraft Cabin Interior Market – Growth, Trends, and Forecast (2019 –
2024)”
report has been added to ResearchAndMarkets.com’s
offering.

The commercial aircraft cabin interior market is anticipated to register
a CAGR of over 6% during the forecast period.

The air passenger traffic grew at a rate of over 7% in the past couple
of years. To cater to the increasing demand, airlines are increasing
their fleet size, by ordering newer generation aircraft with advanced
features.

Airlines, in order to enhance the passenger experience, are installing
new and advanced cabin interior systems like mood lighting, in-flight
live streaming, and new fiber seats that are embedded with smart sensors
to manually control seat pressure, tension, temperature, and movement by
the use of an app on the phone, among others.

The refurbishment and modernization plans for the ageing fleet of
airlines are also expected to generate demand for the cabin interior
market during the forecast period.

Key Market Trends

The In-flight Entertainment Systems Segment Dominates in terms of
Market Share

The in-flight entertainment systems segment of the market is expected to
grow at the highest CAGR during the forecast period. To attract and
enhance travelers’ experience during flight, airlines are adopting
modern in-flight entertainment and connectivity (IFEC) systems.
Passengers can connect en route, with their personal devices, and enjoy
the content of their choice.

IFEC systems are even offering new and innovative sources of revenues
for airlines, such as enhanced in-flight retailing. This has resulted in
some of the airlines upgrading the IFEC systems for their existing fleet
of aircraft. Airlines are also introducing content, depending on the
flight destinations, to cater to the passengers’ demand. Such factors
are expected to propel the growth of this segment, during the forecast
period.

Asia-Pacific Dominates in terms of Market Share

Asia-Pacific is currently dominating the market, and the region is
expected to register the highest CAGR during the forecast period. The
growth can be attributed to the booming aviation industry in emerging
economies like China and India. According to IATA, China will replace
the United States as the world’s largest aviation market by 2024, and
India will displace the United Kingdom for third place by 2025. To cater
to this growth, the region and the countries are procuring aircraft.

As of January 2017, Asia-Pacific accounts for 32% of Airbus’s total
orders, worldwide, and there were more than 3,400 aircraft in service
with about 100 airlines across the region and approximately 2,400
aircraft are on order with the Asia-Pacific customers for future
delivery. The company delivered about 367 new planes to 50 operators
across the region in 2017.

Competitive Landscape

The commercial aircraft cabin interior market is highly fragmented with
many companies taking significant market share in 2018, as there are
broad ranges of products involved.

Some of the prominent players in the market are Safran, Collins
Aerospace, Honeywell International Inc., Panasonic Corporation, and
Diehl Aerospace GmbH. Global Eagle, one of the aircraft connectivity
providers, has made proactive and prudent network investments to support
growth from current and new customers.

The company, which is one of the leading companies providing a better
passenger experience in North America, is seeking to replicate similar
results in the European network and it has plans to establish similar
capabilities in South America and Asia as well.

Increasing investments and partnerships by prominent market leaders can
help the companies to maintain a strong presence in the market.

Key Topics Covered

1 INTRODUCTION

1.1 Study Deliverables

1.2 Study Assumptions

1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Overview

4.2 Market Drivers

4.3 Market Restraints

4.4 Porter’s Five Forces Analysis

5 MARKET SEGMENTATION

5.1 Product Type

5.1.1 Seats

5.1.2 Cabin Lighting

5.1.3 In-flight Entertainment Systems

5.1.4 Windows

5.1.5 Galley and Lavatories

5.1.6 Other Product Types

5.2 Class

5.2.1 First Class

5.2.2 Business Class

5.2.3 Economy and Premium Economy Class

5.3 Fit

5.3.1 Line Fit

5.3.2 Retro Fit

5.4 Geography

5.4.1 North America

5.4.2 Europe

5.4.3 Asia-Pacific

5.4.4 Latin America

5.4.5 Middle East & Africa

6 COMPETITIVE LANDSCAPE

6.1 Mergers and Acquisitions, Joint Ventures, Collaborations and
Agreements

6.2 Vendor Market Share

6.3 Strategies Adopted by Leading Players

6.4 Company Profiles

6.4.1 Safran

6.4.2 Collins Aerospace

6.4.3 RECARO Holding GmbH

6.4.4 Thales S.A.

6.4.5 Thompson Aero Seating Ltd.

6.4.6 Geven

6.4.7 Honeywell International Inc.

6.4.8 Panasonic Corporation

6.4.9 Diehl Aerospace GmbH

6.4.10 Jamco Corp.

6.4.11 Triumph Group

6.4.12 EnCore Group

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report visit https://www.researchandmarkets.com/r/8jtzb2

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