Aircraft Seat Actuation System Market Size, Analysis, Share

 

Aircraft Seat Actuation System Market

The Aircraft Seat Actuation System Market is estimated to grow at a higher CAGR over the forecast period (2020-2027).

The factors driving the growth of Aircraft Seat Actuation System Market includes growing demand for lightweight aircraft, rise in the air passenger traffic, emerging need to upgrade the existing aircrafts and increasing popularity of luxury air travel around the world. According to the report published by Bloomberg, the Global Luxury Travel Market is predicted to reach USD 39,300 million by the end of 2028, exhibiting a CAGR of 8.4% over the forecast period (2022–2028), which will boost the Aircraft Seat Actuation System Market share in the approaching years. Moreover, technological innovations in the seat design by the manufacturers, increasing use of additive manufacturing to reduce the cost of lightweight motors and rise in Government’s expenditure on the procurement of advanced military aircraft, are some of the additional factors supplementing the Aircraft Seat Actuation System Market size. As per the Live Mint, the Ministry of Finance of India has allocated INR 1,52,369 crore during the Financial Year 2022-2023 for procuring aircraft and other military equipment, which will accelerate the market growth in India in the coming years.

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However, the growth of Aircraft Seat Actuation System Market is hindered due to regulations regarding the installation of 16G seats in the aircrafts.

The major players operating in the Aircraft Seat Actuation System Market includes ALMEC EAS Ltd., Rollon S.p.A, Airworks Pvt. Ltd., Zodiac Aerospace, Astronics Corporation, Bühler Motor, Nook Industries, Inc., Dornier Technologie Crane Aerospace & Electronics, ITT, Inc., and Kyntronics, Mesag AG, among others.

Type: Segment Analysis

As per the Aircraft Seat Actuation System Market Forecast, the Electro-Mechanical segment is anticipated to capture a sizeable market share over the forecast period attributed to increasing focus on improving the comfort level of the seats.

Seat Class: Segment Analysis

Based on Seat Class, the Business Class segment is projected to expand at a significant CAGR during the forecast period. Fall in the prices of air tickets, upgradation of existing aircrafts and increasing use of advanced technologies for designing seats, are some of the key factors responsible for the segment’s growth. 

Regional: Segment Analysis

As per the Global Aircraft Seat Actuation System Market Analysis, the European region is predicted to grow at a remarkable CAGR during the forecast period. Rapid growth in the aviation industry, presence of the leading defense aircraft manufacturers such as Airbus SA., Leonardo S.p.A. and Dassault Aviation SA., growing demand for comfortable seats in the aircraft and high per capita incomes, are some of the important factors influencing the market growth in Europe.

Market Segmentation

Global Aircraft Seat Actuation System Market by Type      

  • Electro-Mechanical
  • Hydraulic
  • Pneumatic

Global Aircraft Seat Actuation System Market by Mechanism               

  • Linear
  • Rotary

Global Aircraft Seat Actuation System Market by Seat Class                   

  • Business Class
  • Economy Class
  • Premium Economy Class
  • First Class

Global Aircraft Seat Actuation System Market by Component    

  • Hardware
    • Actuator
    • In-Seat Power Supply
    • Passenger Control Unit
    • Electronic Control Unit
    • Others
  • Software

Global Aircraft Seat Actuation System Market by Aircraft Type      

  • Narrow Body Aircraft (NBA)
  • Wide Body Aircraft (WBA)
  • Very Large Aircraft (VLA)
  • Regional Transport Aircraft (RTA)
  • Business Jets

Global Aircraft Seat Actuation System Market by End-User             

  • Original Equipment Manufacturer (OEM)
  • Aftermarket

Global Aircraft Seat Actuation System Market by Region

  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • North America
    • United States of America
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • RoW
    • Brazil
    • South Africa
    • Saudi Arabia
    • UAE

About GMI Research

GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.

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