- The key vendors in the Global Commercial Aircraft Cabin Interior Market 2014-2018 B/E Aerospace Inc., Honeywell International Inc., Thales SA and Zodiac Aerospace Inc.
London, 23 December 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Commercial Aircraft Cabin Interior Market 2014-2018. Rise in demand for low-cost carriers is one of the key trends emerging in this market. In recent years, the demand for LCCs has been increasing, especially in the APAC region, because of the cost-effective business model of LCCs. LCCs are positioned in between full-service airlines and road transportation as they cost a fraction of full-service airlines but save time spent traveling by other modes of transportation. The Global Commercial Aircraft Cabin Interior market is expected to grow at a CAGR of 4.72 percent during the period 2013-2018.
“Passengers have now become more aware and conscious about their choice of airlines and expect more from airline service providers in terms of services and on-board facilities such as seating, lighting, IFE, and connectivity,” says Faisal Ghaus, Vice President of TechNavio Research.
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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