HOME Press Releases Aircraft Seat Actuation System Market worth 730.7 Million USD by 2022



Aircraft Seat Actuation System Market worth 730.7 Million USD by 2022


The report "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", The aircraft seat actuation systemmarket 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. The increase in aircraft orders, passenger traffic, and upgrades of aircraft are some of the key factors driving the aircraft seat actuation system market.

Browse 84 market data tables, 33 figures spread through 123 pages and in-depth TOC on “Aircraft Seat Actuation System Market - Global Forecast to 2022”
https://www.marketsandmarkets.com/Market-Reports/aircraft-seat-actuator-market-43853437.html
Early buyers will receive 10% customization on reports.

Based on type, electro-mechanical is estimated to be the fastest-growing segment of the aircraft seat actuation systemmarket during the forecast period.

The electro-mechanical segment of the aircraft seat actuation system market is estimated to be the fastest-growing type segment during the forecast period. This growth is attributed to an increase in the demand for business class seats for various aircraft types.

Based on seat class, the business class segment of the aircraft seat actuation system market is projected to grow at the highest CAGR from 2017 to 2022.

Based on seat class, the business class segment is projected to grow at the highest CAGR during the forecast period. The increase in aircraft orders and demand for enhanced passenger experience, especially in long-haul aircraft, are among the key factors driving this segment of the aircraft seat actuation system market.

Based on aircraft type, the wide body aircraft segment of the aircraft seat actuation system market is projected to grow at the highest CAGR from 2017 to 2022.

Based on aircraft type, the wide body aircraft segment is projected to grow at the highest CAGR during the forecast period. The increase in orders for wide body aircraft due to the increased demand for long-haul travel is one of the key factors driving this segment of the aircraft seat actuation system market.

Based on end user, the aftermarket segment of the aircraft seat actuation system market is projected to grow at the highest CAGR from 2017 to 2022.

Based on end user, the aftermarket segment of the aircraft seat actuation system market is projected to grow at the highest CAGR during the forecast period. This growth can be attributed to the increase in upgrades of existing aircraft by airlines globally.

The Middle East is expected to be the fastest-growing aircraft seat actuation system market during the forecast period.

The Middle East is expected to be the fastest-growing market during the forecast period. The growth is largely due to an increase in fleet size of the countries in the region. The airlines operating in this region are focused on enhancing passenger experience and the aftermarket sales are expected to be high.

Major players operating in the aircraft seat actuation system market include Zodiac Aerospace (France), Crane Aerospace (US), and Astronics Corporation (US). These key players offer various aircraft seat actuation system types, including electro-mechanical, hydraulic, and pneumatic. The companies are focused on developing advanced systems for premium seating segments. These companies have well-equipped manufacturing facilities and strong distribution networks across North America, Europe, and other regions.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Connect Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441

Search reports