The Increasing Number of Contracts and Expansions has Helped in Accelerating the Growth of the Aircraft Seating Market in Europe
Europe is one of the dynamic markets for aircraft seating products and accounts for 17.9% of the global commercial aviation aircraft seating market. The market is also majorly dependent on aircraft deliveries in the region, which is currently estimated to be 6,167 by Airbus.
Germany holds the largest share of the European commercial aviation aircraft seating market. This share is attributed to various factors, such as the rising passenger traffic, increase in the number of aircraft orders by major airlines such as Lufthansa, and demand for economy class seating configurations by major airlines in the country.
In January 2015, Sogerma S.A. (France) and Aerolia (France) merged to form Stelia Aerospace, which then became the world’s third-largest manufacturer of seats, aerostructures, and aeronautical equipment. Sogerma was rated as the top supplier for cabin interior products, such as galleys, seats, and in-flight entertainment in the Airbus Supplier Support Rating 2013.
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In-depth profiling of key players has been conducted in this market analysis, along with the recent developments (including business expansions, agreements, collaborations, and joint ventures) and strategies adopted by players to sustain and strengthen their positions in the European commercial aviation aircraft seating market.
The major companies in this market include Sogerma S.A. (France), B/E Aerospace (U.S.), Zodiac Aerospace (France), Acro Aircraft Seating Ltd. (U.K.), Recaro Aircraft Seating GmbH Co. & KG (Germany), Thompson Aero Seating (U.K.), Aviointeriors S.P.A (Italy), ZimFlugsitz GmbH (Germany), and Geven S.P.A (Italy).
Source : ASDReports - Market Research - view original press release