Market Leaders- Top Aircraft Seating Companies
The global aircraft seating market size is projected to grow from USD 6.3 billion in 2022 to USD 8.7 billion by 2027, at a CAGR of 6.8% from 2022 to 2027. The market is driven by various factors, such as the rise of low cost airlines, growing urban air mobility platforms and increasing number of premium economy seats.
Safran (France), RECARO Aircraft Seating (Germany), Collins Aerospace (US), JAMCO Corporation (Japan) and HAECO (Hong Kong), among others, are some of the leading players operating in the aircraft seating market. To strengthen their position in this market, these companies have implemented a variety of growth strategies which includes new product developments, contracts, collaborations, expansions, certifications, agreements, acquisitions, and R&D activities.
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Safran is one of the largest suppliers of aircraft seats. The constant innovative culture and unparalleled research & development activities of the company, coupled with its focus on transforming virtually designed seats to be equipped in aircraft, enable it to be a leader in this market. The company also focuses on developing highly customized, lightweight, and environment-friendly aircraft seats.
Collins Aerospace, a subsidiary of Raytheon Technologies, is the leading player in the aircraft seating market. The company has expertise in flight deck avionics, cabin electronics, mission communications, simulation & training, and information management services. Its hardware, software, and service offerings encompass cabin management, communications, displays & surveillance systems, flight controls, information management services, integrated avionics mission & training solutions, navigation, and global service and support. Under cabin management, the company provides aircraft seating solutions for commercial aircraft, business jets, and rotary wings.
RECARO Aircraft Seating, a part of RECARO Group, is well known among top airlines for its cutting-edge aircraft chairs for both business and economy classes. The company offers a product selection that is precisely suited to the individual requirements of each of its customers. It designs, produces, and markets aircraft seats for airlines, aircraft manufacturers, and leasing companies in Europe, the US, Asia Pacific, and Africa.
JAMCO Corporation is a leading manufacturer of first and business-class aircraft seats and aircraft seat consoles. It manufactures and sells aircraft interior equipment for airplanes and operates in four business segments, which include Aircraft Interiors Business, Aircraft Seats Business, Aircraft Components Business, and Aircraft Maintenance Business. The Aircraft Interiors Business provides comprehensive solutions that incorporate several interior component types. JAMCO can accurately match the layout and design requirements of aircraft passenger cabins, which vary greatly depending on airline services. Because passengers utilize seats for extended periods of time while flying, chairs are subject to more stringent regulations than any other product in the airplane interior industry. As a result, JAMCO finds it more difficult to provide airplane seats that satisfy each airlines requirements. Nevertheless, it continues to develop ground-breaking new aircraft seats that go beyond the concepts of other suppliers by leveraging the expertise acquired via the aircraft interior industry.
HAECO, previously known as TIMCO Aviation Services, is a subsidiary of HAECO Group (Hong Kong Aircraft Engineering Company Limited). The company provides maintenance, repair, and overhaul (MRO) services for commercial, government, and private customers as well as manufacturers of aircraft interior products. The company operates through three segments: Airframe Services, Cabin Solutions, and Special Services. The Cabin Solutions segment provides seats, galleys, lavatory monuments, and stowage compartments, among others.
Related Reports:
Aircraft Seating Market by Class (Business, First, Premium Economy, and Economy), End Use (OEM, Aftermarket, and MRO), Aircraft Type (NBA, WBA, RTA and Business Jets), Materials, Components and Region - Global Forecast to 2027
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