- The key vendors in the Global Commercial Aircraft Seating Market 2015-2019 are B/E Aerospace Inc., RECARO Aircraft Seating GmbH & Co. KG (Recaro) and Zodiac Aerospace SA
London, 11 March 2015: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Commercial Aircraft Seating Market 2015-2019. The development and utilization of materials such as titanium for lightweight and optimized seat design boost the growth of the market. Lightweight construction achieves the optimum ratio between payload and range of an aircraft and reduces fuel consumption. Various companies have launched lightweight seat designs to ensure low maintenance costs and enhanced durability. The Global Commercial Aircraft Seating market is expected to grow at a CAGR of 7.70 in terms of revenue and 6.85 percent in terms of unit shipment, during the period 2014-2019.
Aircraft passenger seats are replaced and modified at regular intervals or as required, to provide enhanced comfort to passengers. Optimized aircraft seats also increase profitability and reduce fuel consumption for an airline.
Manufacturers and airlines are opting for denser seating configuration in this class, through slimmer and lighter seats while also reducing the seat width to pack more passengers per aircraft. This strategy aims to increase the revenue per flight while decreasing fuel consumption per passenger.
“Manufacturers in the Aerospace sector are developing advanced lightweight seats to meet customer expectations in terms of comfort and in-flight entertainment technology while maintaining the highest standards of safety,” says Faisal Ghaus, Vice President of TechNavio Research.
“Weight reduction is important to achieve the optimum ratio between payload and range for an aircraft and, consequently, low fuel consumption.”
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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