HOME Top Market Reports Aircraft Seat Actuation System Market by Type (Electro-Mechanical, Hydraulic, Pneumatic), Seat Class (Business, Economy, Premium Economy, First), Component (Hardware, Software), End User (OEM, Aftermarket), Aircraft Type - Global Forecast to 2022

Aircraft Seat Actuation System Market by Type (Electro-Mechanical, Hydraulic, Pneumatic), Seat Class (Business, Economy, Premium Economy, First), Component (Hardware, Software), End User (OEM, Aftermarket), Aircraft Type - Global Forecast to 2022

By: marketsandmarkets.com
Publishing Date: December 2017
Report Code: AS 3560

 

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The aircraft seat actuation system market was valued at USD 471.3 Million in 2016 and projected to reach USD 730.7 Million by 2022, at a CAGR of 7.58% during the forecast period. The base year considered for the study is 2016 and the forecast period is from 2017 to 2022.

Objectives of the Study:

The report analyzes the aircraft seat actuation system market on the basis of type (electro-mechanical, hydraulic, pneumatic), seat class (business class, economy class, premium economy class, first class), aircraft type (narrow body aircraft, wide body aircraft, very large aircraft, regional transport aircraft, business jets), component (hardware, software), and end user (OEM, aftermarket). These segments and subsegments have been mapped across major regions, namely, North America, Europe, Asia Pacific, Middle East, and Rest of the World.

The report provides in-depth market intelligence regarding the market dynamics and major factors influencing the growth of the aircraft seat actuation system market (drivers, restraints, opportunities, and industry-specific challenges), along with an analysis of micromarkets, with respect to individual growth trends, prospects, and their contribution to the overall market. The report also covers competitive developments, such as long-term contracts, new product launches, agreements, and research & development activities in the aircraft seat actuation system market, in addition to the business and corporate strategies adopted by key market players.

Research Methodology:

Market size estimation for various segments and subsegments of the aircraft seat actuation system market was arrived at by referring to varied secondary sources, such as IATA publications, market outlook, and corroboration with primaries, and further market triangulation with the help of statistical techniques using econometric tools. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All possible parameters that affect the market have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to acquire the final quantitative and qualitative data. This data is consolidated with detailed inputs and analysis from MarketsandMarkets, and presented in this report.

Aircraft Seat Actuation Systems Market

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The ecosystem of the aircraft seat actuation system market comprises raw material suppliers, manufacturers, distributors, and end users. Some of the key players in the aircraft seat actuation system market are Zodiac Aerospace (France), Crane Aerospace & Electronics (US), ITT Corporation (US), and Astronics Corporation (US). These players have adopted contracts, new product developments, and agreements as their strategies to strengthen their positions in the aircraft seat actuation system market.

Target Audience:

  • Aircraft Manufacturers
  • Aircraft Seat actuation system Component Manufacturers
  • Airline Companies
  • Government Agencies
  • Investors and Financial Community Professionals
  • Research Organizations

Scope of the Report:

This research report categorizes the aircraft seat actuation system market into the following segments and subsegments:

  • Aircraft Seat Actuation System Market, By Type
    • Electro-mechanical
    • Hydraulic
    • Pneumatic
  • Aircraft Seat Actuation System Market, By Seat Class
    • Business Class
    • Economy Class
    • Premium Economy Class
    • First Class
  • Aircraft Seat Actuation System Market, By Aircraft Type
    • Narrow Body Aircraft
    • Wide Body Aircraft
    • Very Large Aircraft
    • Regional Transport Aircraft
    • Business Jets
  • Aircraft Seat Actuation System Market, By Component
    • Hardware
    • Software
  • Aircraft Seat Actuation System Market, By End User
    • OEM
    • Aftermarket
  • Aircraft Seat Actuation System Market, By Region
    • North America
    • Europe
    • Asia Pacific
    • Middle East
    • Rest of the World

Customizations Available for the Report:

With the given market data, MarketsandMarkets offers customizations as per the specific needs of the company. The following customization options are available for the report:

  • Company Information
    • Detailed analysis and profiles of additional market players (up to five)
    • Geographic Analysis: Further breakdown of the market segment at the country-level

Table of Contents

1 Introduction (Page No. - 14)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Regional Scope
           1.3.3 Years Considered for the Study
    1.4 Currency & Pricing
    1.5 Limitations
    1.6 Market Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Breakdown of Primaries
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 27)

4 Premium Insights (Page No. - 32)
    4.1 Aircraft Seat Actuation System Market Overview
    4.2 Hardware Aircraft Seat Actuation System Market, By Subtype
    4.3 Europe Aircraft Seat Actuation System Market, By Type and Country
    4.4 Asia Pacific Aircraft Seat Actuation System Market, By Country

5 Market Overview (Page No. - 35)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Technological Advancements in Aircraft Seat Actuation Systems
           5.2.2 Opportunities
                    5.2.2.1 Emergence of New Aircraft Manufacturers
           5.2.3 Challenges
                    5.2.3.1 Backlog of Aircraft Deliveries
    5.3 Advanced Seat Actuation Systems
    5.4 In-Seat Power Supply

6 Aircraft Seat Actuation System Market, By Type (Page No. - 40)
    6.1 Introduction
    6.2 Electro-Mechanical
    6.3 Hydraulic
    6.4 Pneumatic

7 Aircraft Seat Actuation System Market, By Seat Class (Page No. - 44)
    7.1 Introduction
    7.2 Business Class
    7.3 Economy Class
    7.4 Premium Economy Class
    7.5 First Class

8 Aircraft Seat Actuation System Market, By Component (Page No. - 47)
    8.1 Introduction
    8.2 Hardware
           8.2.1 Actuator
           8.2.2 In-Seat Power Supply
           8.2.3 Passenger Control Unit
           8.2.4 Electronic Control Unit
           8.2.5 Others
    8.3 Software

9 Aircraft Seat Actuation System Market, By Aircraft Type (Page No. - 51)
    9.1 Introduction
    9.2 Narrow Body Aircraft (NBA)
    9.3 Wide Body Aircraft (WBA)
    9.4 Very Large Aircraft (VLA)
    9.5 Regional Transport Aircraft (RTA)
    9.6 Business Jets

10 Aircraft Seat Actuation System Market, By End User (Page No. - 57)
     10.1 Introduction
     10.2 Original Equipment Manufacturer (OEM)
     10.3 Aftermarket

11 Regional Analysis (Page No. - 60)
     11.1 Introduction
     11.2 North America
             11.2.1 US
             11.2.2 Canada
     11.3 Europe
             11.3.1 UK
             11.3.2 France
             11.3.3 Germany
             11.3.4 Italy
             11.3.5 Rest of Europe
     11.4 Asia Pacific
             11.4.1 China
             11.4.2 India
             11.4.3 Japan
             11.4.4 Australia
             11.4.5 Rest of Asia Pacific
     11.5 Middle East
             11.5.1 UAE
             11.5.2 Saudi Arabia
             11.5.3 Rest of Middle East
     11.6 Rest of the World
             11.6.1 Latin America
             11.6.2 Africa

12 Competitive Landscape (Page No. - 91)
     12.1 Introduction
     12.2 Ranking of Players, 2016
     12.3 Competitive Scenario
             12.3.1 New Product Launches
             12.3.2 Partnerships, Agreements, Mergers, and Acquisitions

13 Company Profiles (Page No. - 95)
(Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
     13.1 Crane
     13.2 Zodiac Aerospace
     13.3 ITT
     13.4 Bόhler Motor
     13.5 Astronics
     13.6 Rollon
     13.7 Almec Eas
     13.8 Airworks
     13.9 Nook Industries
     13.10 Dornier Technologie
     13.11 Kyntronics
     13.12 Mesag

*Details on Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

14 Appendix (Page No. - 115)
     14.1 Excerpts From Industry Experts
     14.2 Discussion Guide
     14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     14.4 Introducing RT: Real-Time Market Intelligence
     14.5 Available Customizations
     14.6 Related Reports
     14.7 Author Details


List of Tables (84 Tables)

Table 1 Aircraft Seat Actuation System Market Size, By Type, 2015-2022 (USD Million)
Table 2 Electro-Mechanical Aircraft Seat Actuation System Market Size, By Seat Class, 2015-2022 (USD Million)
Table 3 Hydraulic Aircraft Seat Actuation System Market Size, By Seat Class, 2015-2022 (USD Million)
Table 4 Pneumatic Aircraft Seat Actuation System Market Size, By Seat Class, 2015-2022 (USD Million)
Table 5 Aircraft Seat Actuation System Market Size, By Seat Class, 2015-2022 (USD Million)
Table 6 Aircraft Seat Actuation System Market Size, By Component, 2015-2022 (USD Million)
Table 7 Aircraft Seat Actuation System Hardware Market Size, By Sub-Type, 2015-2022 (USD Million)
Table 8 Aircraft Seat Actuation System Market Size, By Aircraft Type, 2015-2022 (USD Million)
Table 9 Narrow Body Aircraft Seat Actuation System Market Size, By Type, 2015-2022 (USD Million)
Table 10 Wide Body Aircraft Seat Actuation System Market Size, By Type, 2015-2022 (USD Million)
Table 11 Very Large Aircraft Seat Actuation System Market Size, By Type, 2015-2022 (USD Million)
Table 12 Regional Transport Aircraft Seat Actuation System Market Size, By Type, 2015-2022 (USD Million)
Table 13 Business Jets Seat Actuation System Market Size, By Type, 2015-2022 (USD Million)
Table 14 Aircraft Seat Actuation System Market Size, By End User, 2017-2022 (USD Million)
Table 15 OEM Aircraft Seat Actuation System Market Size, By Type, 2015-2022 (USD Million)
Table 16 Aftermarket Aircraft Seat Actuation System Market Size, By Type, 2015-2022 (USD Million)
Table 17 Aircraft Seat Actuation System Market Size, By Region, 2015–2022 (USD Million)
Table 18 North America: Aircraft Seat Actuation System Market Size, By Type, 2015–2022 (USD Million)
Table 19 North America: Aircraft Seat Actuation System Market Size, By Seat Class, 2015–2022 (USD Million)
Table 20 North America: Aircraft Seat Actuation System Market Size, By End User, 2015–2022 (USD Million)
Table 21 North America: Aircraft Seat Actuation System Market Size, By Aircraft Type, 2015–2022 (USD Million)
Table 22 North America: Aircraft Seat Actuation System Market Size, By Country, 2015–2022 (USD Million)
Table 23 US: Aircraft Seat Actuation System Market Size, By Type, 2015–2022 (USD Million)
Table 24 US: Aircraft Seat Actuation System Market Size, By Seat Class, 2015–2022 (USD Million)
Table 25 US: Aircraft Seat Actuation System Market Size, By End User, 2015–2022 (USD Million)
Table 26 Canada: Aircraft Seat Actuation System Market Size, By Type, 2015–2022 (USD Thousand)
Table 27 Canada: Aircraft Seat Actuation System Market Size, By Seat Class, 2015–2022 (USD Thousand)
Table 28 Canada: Aircraft Seat Actuation System Market Size, By End User, 2015–2022 (USD Thousand)
Table 29 Europe: Aircraft Seat Actuation System Market Size, By Type, 2015–2022 (USD Million)
Table 30 Europe: Aircraft Seat Actuation System Market Size, By Seat Class, 2015–2022 (USD Million)
Table 31 Europe: Aircraft Seat Actuation System Market Size, By End User, 2015–2022 (USD Million)
Table 32 Europe: Aircraft Seat Actuation System Market Size, By Aircraft Type, 2015–2022 (USD Million)
Table 33 Europe: Aircraft Seat Actuation System Market Size, By Country, 2015–2022 (USD Million)
Table 34 UK: Aircraft Seat Actuation System Market Size, By Type, 2015–2022 (USD Million)
Table 35 UK: Aircraft Seat Actuation System Market Size, By Seat Class, 2015–2022 (USD Million)
Table 36 UK: Aircraft Seat Actuation System Market Size, By End User, 2015–2022 (USD Million)
Table 37 France: Aircraft Seat Actuation System Market Size, By Type, 2015–2022 (USD Million)
Table 38 France: Aircraft Seat Actuation System Market Size, By Seat Class, 2015–2022 (USD Million)
Table 39 France: Aircraft Seat Actuation System Market Size, By End User, 2015–2022 (USD Million)
Table 40 Germany: Aircraft Seat Actuation System Market Size, By Type, 2015–2022 (USD Thousand)
Table 41 Germany: Aircraft Seat Actuation System Market Size, By Seat Class, 2015–2022 (USD Thousand)
Table 42 Germany: Aircraft Seat Actuation System Market Size, By End User, 2015–2022 (USD Thousand)
Table 43 Italy: Aircraft Seat Actuation System Market Size, By Type, 2015–2022 (USD Thousand)
Table 44 Italy: Aircraft Seat Actuation System Market Size, By Seat Class, 2015–2022 (USD Thousand)
Table 45 Italy: Aircraft Seat Actuation System Market Size, By End User, 2015–2022 (USD Thousand)
Table 46 Rest of Europe: Aircraft Seat Actuation System Market Size, By Type, 2015–2022 (USD Thousand)
Table 47 Rest of Europe: Aircraft Seat Actuation System Market Size, By Seat Class, 2015–2022 (USD Million)
Table 48 Rest of Europe: Aircraft Seat Actuation System Market Size, By End User, 2015–2022 (USD Million)
Table 49 Asia Pacific: Aircraft Seat Actuation System Market Size, By Type, 2015–2022 (USD Million)
Table 50 Asia Pacific: Aircraft Seat Actuation System Market Size, By Seat Class, 2015–2022 (USD Million)
Table 51 Asia Pacific: Aircraft Seat Actuation System Market Size, By End User, 2015–2022 (USD Million)
Table 52 Asia Pacific: Aircraft Seat Actuation System Market Size, By Aircraft Type, 2015–2022 (USD Thousand)
Table 53 Asia Pacific: Aircraft Seat Actuation System Market Size, By Country, 2015–2022 (USD Million)
Table 54 China: Aircraft Seat Actuation System Market Size, By Type, 2015–2022 (USD Thousand)
Table 55 China: Aircraft Seat Actuation System Market Size, By Seat Class, 2015–2022 (USD Thousand)
Table 56 China: Aircraft Seat Actuation System Market Size, By End User, 2015–2022 (USD Thousand)
Table 57 India: Aircraft Seat Actuation System Market Size, By Type, 2015–2022 (USD Thousand)
Table 58 India: Aircraft Seat Actuation System Market Size, By Seat Class, 2015–2022 (USD Thousand)
Table 59 Japan: Aircraft Seat Actuation System Market Size, By Type, 2015–2022 (USD Thousand)
Table 60 Japan: Aircraft Seat Actuation System Market Size, By Seat Class, 2015–2022 (USD Thousand)
Table 61 Australia: Aircraft Seat Actuation System Market Size, By Type, 2015–2022 (USD Thousand)
Table 62 Australia: Aircraft Seat Actuation System Market Size, By Seat Class, 2015–2022 (USD Thousand)
Table 63 Rest of Asia Pacific: Aircraft Seat Actuation System Market Size, By Type, 2015–2022 (USD Thousand)
Table 64 Rest of Asia Pacific: Aircraft Seat Actuation System Market Size, By Seat Class, 2015–2022 (USD Thousand)
Table 65 Middle East: Aircraft Seat Actuation System Market Size, By Type, 2015–2022 (USD Thousand)
Table 66 Middle East: Aircraft Seat Actuation System Market Size, By Seat Class, 2015–2022 (USD Thousand)
Table 67 Middle East: Aircraft Seat Actuation System Market Size, By Aircraft Type, 2015–2022 (USD Thousand)
Table 68 Middle East: Aircraft Seat Actuation System Market Size, By Country, 2015–2022 (USD Million)
Table 69 UAE: Aircraft Seat Actuation System Market Size, By Type, 2015–2022 (USD Thousand)
Table 70 UAE: Aircraft Seat Actuation System Market Size, By Seat Class, 2015–2022 (USD Thousand)
Table 71 Saudi Arabia: Aircraft Seat Actuation System Market Size, By Type, 2015–2022 (USD Thousand)
Table 72 Saudi Arabia: Aircraft Seat Actuation System Market Size, By Seat Class, 2015–2022 (USD Thousand)
Table 73 Rest of Middle East: Aircraft Seat Actuation System Market Size, By Type, 2015–2022 (USD Thousand)
Table 74 Rest of Middle East: Aircraft Seat Actuation System Market Size, By Seat Class, 2015–2022 (USD Thousand)
Table 75 Rest of the World: Aircraft Seat Actuation System Market Size, By Type, 2015–2022 (USD Thousand)
Table 76 Rest of the World: Aircraft Seat Actuation System Market Size, By Seat Class, 2015–2022 (USD Thousand)
Table 77 Rest of the World: Aircraft Seat Actuation System Market Size, By Aircraft Type, 2015–2022 (USD Thousand)
Table 78 Rest of the World: Aircraft Seat Actuation System Market Size, By Region, 2015–2022 (USD Million)
Table 79 Latin America: Aircraft Seat Actuation System Market Size, By Type, 2015–2022 (USD Thousand)
Table 80 Latin America: Aircraft Seat Actuation System Market Size, By Seat Class, 2015–2022 (USD Thousand)
Table 81 Africa: Aircraft Seat Actuation System Market Size, By Type, 2015–2022 (USD Thousand)
Table 82 Africa: Aircraft Seat Actuation System Market Size, By Seat Class, 2015–2022 (USD Thousand)
Table 83 New Product Launches, 2014-2017
Table 84 Partnerships, Agreements, Mergers, and Acquisitions, 2014-2017


List of Figures (33 Figures)

Figure 1 Research Process Flow
Figure 2 Aircraft Seat Actuation System Market: Research Design
Figure 3 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Data Triangulation
Figure 7 Aircraft Seat Actuation System Market Size, By Type, 2017 vs 2022 (USD Million)
Figure 8 Aircraft Seat Actuation System Market Size, By Aircraft Type, 2017 vs 2022 (USD Million)
Figure 9 Aircraft Seat Actuation System Market Size, By Component, 2017 vs 2022 (USD Million)
Figure 10 Aircraft Seat Actuation System Market Size, By End User, 2017 vs 2022 (USD Million)
Figure 11 Aircraft Seat Actuation System Market Size, By Seat Class, 2017 vs 2022 (USD Million)
Figure 12 Regional Analysis: Aircraft Seat Actuation System Market, 2016
Figure 13 Increase in Air Travel is Expected to Fuel Market Growth From 2017 to 2022
Figure 14 Actuator Subtype to Lead the Hardware Aircraft Seat Actuation System Market During the Forecast Period
Figure 15 Electro-Mechanical Type Segment Accounted for A Major Share of the Europe Aircraft Seat Actuation System Market in 2016
Figure 16 China is Expected to Lead the Asia Pacific Aircraft Seat Actuation System Market in 2022
Figure 17 Aircraft Seat Actuation System Market: Drivers, Opportunities and Challenges
Figure 18 Backlog of Aircraft Deliveries, 2010-2016 (Units)
Figure 19 Aircraft Seat Actuation System Market Size, By Type, 2017-2022 (USD Million)
Figure 20 Aircraft Seat Actuation System Market Size, By Seat Class, 2017-2022 (USD Million)
Figure 21 Aircraft Seat Actuation System Market Size, By Component, 2017-2022 (USD Million)
Figure 22 Aircraft Seat Actuation System Market Size, By Aircraft Type, 2017 vs 2022 (USD Million)
Figure 23 Aircraft Seat Actuation System Market Size, By End User, 2017-2022 (USD Million)
Figure 24 Aircraft Seat Actuation System Market: Regional Snapshot
Figure 25 North America: Aircraft Seat Actuation System Market Snapshot
Figure 26 Europe: Aircraft Seat Actuation System Market Snapshot
Figure 27 Asia Pacific: Aircraft Seat Actuation System Market Snapshot
Figure 28 Companies Adopted New Product Launches as the Key Growth Strategy Between 2014 and 2017
Figure 29 Zodiac Lead the Aircraft Seat Actuation Systems Market in 2016
Figure 30 Crane: Company Snapshot
Figure 31 Zodiac Aerospace: Company Snapshot
Figure 32 ITT: Company Snapshot
Figure 33 Astronics: Company Snapshot

The aircraft seat actuation system market is projected to grow from an estimated USD 507.1 Million in 2017 to USD 730.7 Million by 2022, at a CAGR of 7.58% during the forecast period. This growth can be attributed to the increasing aircraft orders due to the rising passenger traffic across the globe. Increasing focus on enhanced passenger experience is also influencing the growth of the aircraft seat actuation system market.

Based on type, the aircraft seat actuation system market has been segmented into electro-mechanical, hydraulic, and pneumatic. The electro-mechanical segment is estimated to lead the aircraft seat actuation system market in 2017 and grow at the hightst rate during the forecast period.

Based on seat class, the aircraft seat actuation system market has been segmented into business class, economy lass, premium economy class, and first class. The business class segment is projected to grow at the highest rate because of the increasing aircraft orders and increasing demand for better customer experience globally.

Based on aircraft type, the aircraft seat actuation system market has been segmented into narrow body aircraft, wide body aircraft, very large aircraft, regional transport aircraft, and business jets. The wide body aircraft is projected to grow at the highest rate because of the increasing aircraft orders for these category of aircraft and increased demand for long duration flights.

Based on component, the aircraft seat actuation system market has been segmented into hardware and software. The hardware segment is estimated to lead the aircraft seat actuation system market during the forecast period. The increase in commercial aircraft deliveries and a large share of economy class and premium economy class seats is driving the hardware segment of the aircraft seat actuation system market.

Based on end user, the aircraft seat actuation system market has been segmented into OEM and aftermarket. The OEM segment is estimated to lead the aircraft seat actuation system market during the forecast period. The growth in aircraft seating market, especially the business class and first class seats, is driving the OEM segment of aircraft seat actuation system market.

Aircraft Seat Actuation Systems Market

The aircraft seat actuation system market has been studied for North America, Europe, Asia Pacific, Middle East, and Rest of the World. Europe is estimated to lead the global aircraft seat actuation system market in 2017. Major commercial aircraft seat manufacturers such as Zodiac Aerospace (France) and Stelia Aerospace (UK) are based in Europe and therefore generate a high demand for aircraft seat actuation system products. Hence, Europe is expected to continue to lead the market during the forecast period.

The dearth of profitable airlines in emerging economies is one of the factors restraining the growth of the aircraft seat actuation system market. The major strategies undertaken by various companies include new product developments and contracts. The competitive leadership section compares various companies operating in the aircraft seat actuation system market. Major players in the aircraft seat actuation system market are Zodiac Aerospace (France), Crane Aerospace (US), and Astronics (US), among others.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Available Customizations Title

Client Customization Problem Statement :

Seat Actuator Market

Solution Provided:

MnM’s client was interested in additional insights as well as technical specifications for various seat....

MnM’s client was interested in additional insights as well as technical specifications for various seat actuators, along with company profiles.

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Client Consult Problem Statement :

The seat actuation system provider was interested in understanding which segments of the aircraft seat actuation business would offer good opportunities in the next few years. The key focus of the study included the following:

  • Identification of increasing opportunities in aircraft seat actuation systems
  • Identification of different seat type and actuator type
  • Identification of increase in aircraft orders by region
  • Identification of geographical opportunities for seat actuation systems

Solution Provided:
  1. Methodology Adopted by MnM:
    • MnM carried out an exhaustive secondary research for ....
  1. Methodology Adopted by MnM:
    • MnM carried out an exhaustive secondary research for this study to map out the seat actuator classifications present in various regions globally. This was followed by primary discussions with key industry experts across the value chain within targeted regions
    • Top-down and bottom-up approaches were employed to gather information from primary sources that consisted of seat actuator manufacturers, suppliers, and service providers, along with other industry experts
    • By conducting detailed and informative primary discussions within these respondent categories across various functions, MnM analyzed current and forecast quantitative market information, and developed deep-dive qualitative insights into industry trends and dynamics across each of the target countries
  2. Actual Solution Provided:
    • Through this granular study, MnM analyzed the market dynamics for investment opportunities, which included recent developments, competitive positioning, growth opportunities, along with other factors present in the respective regions in order to select the appropriate market for offering their products and services
    • MnM also shared with the client vital insights that were related to an investment opportunity for new product offerings seeking to cater to the changing customer requirements by identifying future trends

Value Delivered:

MnM’s client was able to identify and select new markets for entry, and formulate its market entry strategy. The study also assisted the client in identifying future investment opportunities, which would drive the decision making process of the client on how to reconfigure their product offerings.

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