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Aircraft Seating Market Size

Report ID: GMI3225
Published Date: Jun 2021
Report Format: PDF

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Aircraft Seating Market Size

Aircraft Seating Market size was valued at over USD 10.26 billion in 2020 and is projected to grow at a CAGR of more than 6.5% from 2021 to 2027.

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An aircraft seating includes a seating configuration in an airline designed to accommodate passengers for the duration of the air travel. These seats are generally arranged in rows across the aircraft’s fuselage. The increasing cabin density in conjunction with space limitations is providing a positive outlook for the market growth. The increasing prominence of replacement and refurbishment of aircraft seats is further augmenting product penetration.

Recent advancements in manufacturing technologies to increase productivity and seating performance, in terms of stress and fatigue resistance, will propel the market expansion over the forecast timeframe. For instance, in December 2020, Frontier Airlines unveiled the details of Recaro’s new seat design with 30% weight reduction over existing seats. The new seats will provide extra comfort and larger tray tables compared to earlier designs and will also fulfill other innovative fuel-savings initiatives from the U.S. Greenest Airline.

Aircraft Seating Market Report Attributes
Report Attribute	Details
Base Year:	2020
Aircraft Seating Market Size in 2020:	10,264.3 Million (USD)
Forecast Period:	2021 to 2027
Forecast Period 2021 to 2027 CAGR:	6.5%
2027 Value Projection:	16,782.9 Million (USD)
Historical Data for:	2017 to 2020
No. of Pages:	425
Tables, Charts & Figures:	521
Segments covered:	Platform, Class , Fit and Region
Growth Drivers:	Rising aircraft production Technological advancements in aircraft seating structures Increasing air passenger traffic coupled with rising aircraft deliveries Rising cabin upgrade and refurbishment programs Growing demand for business and private jets
Pitfalls & Challenges:	High development and maintenance costs

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Authors: Suraj Gujar, Partha Paul

Frequently Asked Questions (FAQ) :

Aircraft seating industry size exceeded USD 10.26 billion in 2020 and will record a CAGR of 6.5% between 2021 and 2027.

Military helicopters will register growth at the rate of 5% from 2021 to 2027 due to the surging demand for the movement of cargo and troops.

Economy class will account for a share of 40% of the total aircraft seating industry revenue through 2027 owing to the growing domestic and international air travel.

North America accounted for more than 40% of aircraft seating market share in 2020 and will expand owing to the presence of major manufacturers in the region.