According to a new market research report, now available on ASDReports, “Commercial Aircraft Cabin Interior Market by Aircraft Type (Narrow Body Aircraft, Wide Body Aircraft, Very Large Aircraft , Business General Aviation) , Product ( Seat, Light, IFEC, Windows & Windshield, Galley & Monument , Lavatory), Fit (Linefit, Retrofit), & by Geography ( North America, Asia-Pacific, Europe, The Middle East, Latin America, Africa, Row) - Forecast & Analysis to 2014 - 2019”,is expected to reach $17,194.9 Million in 2019.
According to Shreeja Bakare, research associate, Aerospace and Defense business unit ,globally, in the aircraft cabin interior market, the largest share is held by North America. Asia-Pacific, the Middle East and Latin America are expected to be the fastest growing regions in the aircraft cabin interior market, mainly, due to the increasing number of aircrafts orders and increasing air travel in this region.
Driving factors such as increase in the demand for cabin customization with respect to passenger comfort and increasing passenger growth rate are boosting the market worldwide. Growth in this market will continue to depend largely on passenger travel as increase in passenger number will increase the number of aircrafts and cabin seats in the commercial aircraft. The cabin seats market size is estimated to be the highest in the forecast period 2014 to 2019 compared to other cabin interior products.
The market includes several products, which are categorized such as passenger seats, cabin lights, cabin windows and windshields, IFECs (In Flight Entertainment and Communication Systems), galleys, monuments, and lavatories.
The global market for commercial cabin interior market is estimated at $12,852.96million in 2014, and expected to reach $17,194.9 million in 2019. The major challenges for this particular industry will be to control emissions from aircraft, poor quality of equipment, and increase in fuel prices.
The analysis includes segmentation by fit, product, aircraft and geography across regions such as North America, Europe, the Middle East, Asia-Pacific, and Latin America.
The competitive analysis includes market share of companies in the commercial aircraft cabin interior market. The impact of drivers and restraints are analyzed and their impact on the aircraft cabin interior market throughout the study period is given to provide an in-depth insight of the market. Technology and industry trends are also discussed, which will provide the latest information related to advanced technology and joint ventures amongst commercial aircraft cabin interior providers.
Source: ASDReports - Market Research
Date: Jun 12, 2014