Aircraft Seating Market

Market Leader - Aircraft Seating Market

The global aircraft seating market size is projected to grow from USD 4.1 billion in 2020 to USD 5.8 billion by 2026, at a CAGR of 5.87% from 2020 to 2026. The market is driven by various factors, such as the growing demand for seats installed with IFEC systems, increasing number of premium economy seats, and maintenance & retrofitting of existing aircraft.

Safran (Zodiac Aeropsace) (France), Collins Aerospace (US), Geven S.p.A. (Italy), RECARO Aircraft Seating (Germany), and HAECO (Hong Kong), among others, are some of the leading players operating in the aircraft seating market. These players have adopted various organic and inorganic growth strategies to strengthen their position in the market. These include new product developments, contracts, partnerships, expansions, agreements, acquisitions, and research & development (R&D) activities further to expand their presence in the aircraft seating market.

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Collins Aerospace is the leading player in the aircraft seating market. The company has a large value contract with the major aircraft OEMs and airlines with the easy availability of spares and replacement parts, which makes it a major player in this market. The company has also been focusing on the acquisition of small players to increase its product offerings as well as market shares. The company has adopted several other strategies, such as partnerships, agreements, and the establishment of new manufacturing capabilities to strengthen its market position as well ensure its future growth.

SAFRAN (France) which has acquired Zodiac Aerospace, is the second-largest supplier of aircraft seats. The constant innovative culture and unparalleled research & development activities of the company, coupled with its focus to transform virtually designed seats to be equipped in the aircraft, enables it to be a leader in this market. The company also focuses on developing highly customized, lightweight, environment-friendly aircraft seats.

Recaro Aircraft Seating GMBH & CO. KG (Germany) specialized in economy class aircraft seating is the third-largest supplier of aircraft seats. The company provides a wide range of products, which adhere to the finest quality standards and utilize cutting-edge technologies for economy class seats.

Geven (Italy) ranks fourth in the aircraft seating  market and has a strong global presence. It is a manufacturer of aircraft seats, and other cabin interior modules such as lavatories, galleys, and cabinets. Geven also provides repair, overhaul, modifications, and refurbishment of interiors for commercial and business aircraft and is authorized by European Aviation Safety Agency (EASA) as an MRO station (Part 145). The company’s customers include Wizz Air, Hainan Airlines, Lufthansa Technik, Airbus, Boeing, and Sichuan Airlines.

JAMCO (Japan) secures the fifth position in the aircraft seating  market. 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 the aircraft interior goods, aircraft seat, aircraft equipment, and aircraft maintenance segments.

Related Reports:

Aircraft Seating Market by Class (Business, First, Premium Economy, and Economy), Type (9g and 16g), End Use (OEM, Aftermarket, and MRO), Aircraft Type (NBA, WBA, VLA, RTA and Business Jets), Materials, Components, and Region - Global Forecast to 2026

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Report Code
AS 2684
RI Published ON
8/11/2020
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