The report "Global Commercial Aircraft Seating Market By Class (Business, First, Premium Economy, and Economy), By Type (NBA, WBA, VLA, RTA and Business Jets), and Region - Global Forecast to 2029"
Global Commercial Aircraft Seating market is projected to grow from US$ 4.53 billion in 2020 to US$ 8.55 Billion 2030 with a CAGR of 6.6%. Growing trends in the aircraft market to provide luxury travel and comfort to passenger by using composites and advanced materials in the design and construction of aircraft seats such factor drives the growth of the target market. Additionally Growth in demand for luxurious and comfort in air travel with Economic developments between global consumers and the developing middle class are demanding for luxurious and comfort in air travel this provide strong growth to the target market.
Key Highlights:
- ON JANUARY 15, 2020 Aviationscouts, is a company specializing in the trade of aircraft seats, has formed a strategic alliance with, AeroChamp Aviation an aircraft cabin specialist company, to grow its presence in India and the Middle East markets.
- On DECEMBER 20, 2019, LATAM reveals monument designs for Honeymoon seats. Based on the Thompson Vantage XL platform, the design sees each row alternately place the middle seats next to one another (with a sliding privacy divider between passengers), which gives customers the option of travelling closer with a friend, partner or colleague.
Key Market Insights from the report:
The global Commercial Aircraft Seating market accounted for US$ 4.53 billion in 2020 and is projected to register a moderate CAGR of 6.6% over the forecast period. The market report has been segmented based on body type and region.
- By class, the commercial aircraft seating market classified into business, first, premium economy, and economy.
- Based on by type the commercial aircraft seating market classified into NBA, WBA, VLA, RTA and business jets.
- By region, The Asia Pacific projected to grow at the highest CAGR during the forecast period. Owing to the increase in air passenger traffic from countries such as India, China, Japan, and Indonesia. Additionally the combination of continued robust economic growth, improvements in household incomes and favourable population and demographic profiles such factor drives the target market growth
To know the upcoming trends and insights prevalent in this market, click the link below:
https://www.prophecymarketinsights.com/market_insight/Global-Commercial-Aircraft-Seating-Market-3878
The prominent player operating in the global Commercial Aircraft Seating market includes Zodiac Aerospace, B/E Aerospace -Rockwell Collins, Inc., Geven S.p.A., RECARO Aircraft Seating, HAECO Americas, Lufthansa Technik, and Stelia Aerospace.
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