TechNavio recognizes the following companies as the key players in the Global Commercial Aircraft Seating Market: B/E Aerospace Inc., Zodiac Aerospace Inc., RECARO Aircraft Seating GmbH and Co. KG, Diehl Group, Thompson Aero Seating, Aviointeriors S.P.A, Acro Aircraft Seating Ltd., Timco Aerosystems, and EADS Sogerma S.A.
Commenting on the report, an analyst from TechNavio’s Automotive team said: “New deliveries of wide-body aircraft are expected to continue to grow over the long term, which will drive the Global Commercial Aircraft Seating market. It is estimated that over 1,131 wide-body aircraft will be delivered over the period 2013-2015. The trend toward a global fleet with a higher percentage of wide-body aircraft is significant. For instance, wide-body aircraft carry up to three to four times the number of seats as a narrow-body aircraft and have multiple classes of service, including super first class compartments and first class and business class configurations, thereby generated substantial demand for a range of seating products.”
According to the report, one of the major growth drivers in the market is the increasing demand for economy class seats. The market is witnessing increasing demand for low-cost aircraft, which is creating demand for economy class seats across the globe.
Further, the report states that one of the major challenges is rapid technological change. The introduction of products using new technologies or the adoption of new industry standards can make existing products, or products under development, obsolete or unmarketable. In such a scenario, to compete effectively, companies have to continuously innovate and introduce new products that gain the market acceptance.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-commercial-aircraft-seating-mark…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/automotive
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TechNavio Announces the Publication of its Research Report – Global Commercial Aircraft Seating Market 2012-2016
