The cabin interior of an aircraft is one of the major focus of the airlines for enhancing the passenger experience. The development and integration of smart technologies are anticipated to revolutionize the global commercial aircraft cabin interior market in the foreseeable future. Market Research Future (MRFR) has published an in-depth study of the global market. The analysis reveals that the global commercial aircraft cabin interior market is expected to strike 6.81 % CAGR across the assessment period 2018 to 2023.
Increasing investments to redefine passenger experience is projected to lead the proliferation of the commercial aircraft cabin interior market. Also, the focus on the renovation of existing fleet is expected to catapult the market on upward trajectory. The rising demand for air travel is further prognosticated to catapult the commercial aircraft cabin interior market on upward trajectory. In addition, the increasing income level of the population has led to a boom in the aviation industry. This, in turn, is anticipated to catalyze the growth of the commercial aircraft cabin interior market in the upcoming years.
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Competitive Dashboard:
United Technology Corporation (US), Honeywell International Inc (U.S.), Zodiac Aerospace (France), Jamco Corporation (Japan), Cobham PLC (UK), Panasonic Avionics (U.S.), Astronics Corporation (USA), Recaro Aircraft Seating (Germany), Diehl Stiftung & Co. KG (Germany), and Rockwell Collins (U.S.) are few of the major players of the commercial aircraft cabin interior market. These players are anticipated to invest in smart technologies for staying ahead of the curve in the years to come.
Industry News:
In October 2019, Embraer S.A., a Brazilian aerospace conglomerate, has signed a deal with the leader in private jet travel, Flexjet. The deal is worth USD 1.4 Bn and consists of Embraer business jets.
In October 2019, TU Delft, also known as Delft University of Technology, has announced the launch of cabin interior design for Flying-V concept aircraft.
In October 2019, Starlux Airlines, Taiwanese startup, has unveiled its seat products and cabin design for A321neo aircraft.
In October 2019, All Nippon Airways (ANA) has announced that it will be introducing new business class suites on its Tokyo to New York route.
In October 2019, Fiji Airways has hinted on the procurement of Airbus A350 aircraft fleet with the most innovative and stylish cabin interiors. It is supposed to make it one of the best airlines in the world.
Market Segmentation:
On the basis of product type, the Commercial Aircraft Cabin Interior Market has been segmented into seating, in-flight entertainment, lighting, gallery, windows, lavatory, and others.
On the basis of aircraft type, the commercial aircraft cabin interior market has been divided into wide-body aircraft and narrow-body aircraft.
Based on fit, the division of the commercial aircraft cabin interior market covers line fit and retrofit.
Regional Analysis:
The global commercial aircraft cabin interior market, on the basis of region, has been segmented into Latin America, Asia Pacific (APAC), the Middle East & Africa (MEA), North America, and Europe. These regions are then further analyzed on the basis of key country-level markets. Asia Pacific is expected to witness exponential growth of the commercial aircraft cabin interior market. The rising air traffic in the region is likely to have a favorable impact on market growth. In addition, expansion of fleet sizes by airlines is anticipated to accelerate revenue creation in the regional commercial aircraft cabin interior market over the next few years. The Middle East & Africa is also poised to exhibit substantial growth over the next couple of years. Increasing air travel demand in the region is anticipated to drive market growth in the foreseeable future.
Research Methodology
Market Research Future’s research methodology delivers exclusive perspectives on the assorted markets that its reports focus on. The comprehensive practices and procedures harnessed by the research team encompass selecting, identifying, processing, and examining data which is the vital core of the research process. The methods used have enabled the operation of the finest techniques that support the discovery of the newest trends in the market. The top-down and bottom-up approaches have been exploited to guarantee a reliably high report quality. The data analysts at MRFR also stress upon the top trends that can be utilized to augment market gains. The secondary data sources contain a varied range of reliable sources such as white papers and annual reports. The reports also permit a merged view of the market in diverse geographies and revenue pockets. Moreover, the research strategy applied assures appropriate data analysis and the most neutral stances on market advances.
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Table of Contents
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Scope of the Study
2.3 List of Assumptions
2.4 Market Structure
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
Continued………
List of Tables
Table 1 Market Synopsis
Table 2 List of Assumptions
Table 3 Global Commercial Aircraft Cabin Interior Market: Regulatory Landscape
Table 4 Major Granted Patents on Aircraft Cabin Interior (1st October 2014 – 1st October 2018)
Table 5 Global Commercial Aircraft Cabin Interior Market, by Product Type, 2016-2023 (Usd Million)
Table 6 Seating: Commercial Aircraft Cabin Interior Market, by Region, 2016-2023 (Usd Million)
Continued………
List of Figures
Figure 1 Global Commercial Aircraft Cabin Interior Market: Market Structure
Figure 2 Research Process of Mrfr
Figure 3 Top-down & Bottom-up Approaches
Figure 4 Dro Analysis of Global Commercial Aircraft Cabin Interior Market
Figure 5 Air Transport, Passengers Carried (2006–2016)
Figure 6 Drivers Impact Analysis: Commercial Aircraft Cabin Interior Market
Figure 7 Aircraft Production Vs Total Backlog, Boeing Vs Airbus, 2017
Continued……
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