commodating more passengers on board per flight can help airlines to gain profits. Thus, airlines resort to modifying aircraft seating arrangements in such a way that it drives more revenue as well as potentially increase the comfort level of seats for passengers. Market Research Future (MRFR) has recently published a research report on the global aircraft seating market and has projected a CAGR of 7.24% over the forecast period of 2019-2024.

The growth in the aviation industry is the primary factors driving the growth of the market. Airlines are focusing on improving passenger comfort as it helps to uphold the brand image in the eyes of the consumers. The rise in long haul air travel has been key to the growth of the aircraft seating market. Comfortable seating is of immense importance in case of long journeys and has generated considerable demand within the market. Moreover, owing to the inherent dangers associated with air travel, the airlines industry is subject to various legislations which serve as guidelines governing the design and use of aircraft.

Segmentation

The aircraft seating market has been segmented based on seat type, aircraft type, and fit.

By seat type, the aircraft seating market has been segmented into first class, business class, premium economy, and economy. The economy segment is estimated to capture the foremost share of the market while the premium economy segment is anticipated to capture the highest CAGR over the forecast period.

On the basis of aircraft type, the aircraft seating market has been segmented into regional transport aircraft, narrow body, and wide body. Widebody aircraft are in demand due to rise in long haul travel due to which the wide body segment is expected to account for the largest share of the market.

By fit, the aircraft seating market has been segmented into retrofit and line fit. The largest share of the market is likely to captured by the retrofit segment.

Regional Analysis

Region-wise, the aircraft seating market has been segmented into North America, the Middle East & Africa (MEA), Latin America, Europe, and Asia Pacific (APAC).

In North America, the US is expected to be a key growth pocket for the retrofit aircraft seats. The clustering of major aircraft manufacturers in the region which gives it a prime advantage over others. Increasing air traffic in the region has resulted in the procurement of new aircraft, which has proven to be beneficial for the growth of the market. The US and Canada are country-specific markets in the North America aircraft seating market.

The Europe aircraft seating market demand is inflated by rising air passenger traffic in the region, which leads to augmented demand for new aircraft. Moreover, strict government rules pertaining to aircraft manufacturing and safety have fueled the demand for aircraft seating.

The APAC region is witnessing a steep rise in air passenger traffic due to an economic upturn in the region. Increase in long-haul travel has prompted airlines to invest in wide-body aircraft, which are expected to fuel the growth of the market over the forecast period.

The MEA region has been experiencing considerable economic growth lately. Expanding tourism industry is favoring the market growth as it increases air passenger traffic. The MEA region, being located at the juncture of Europe, Asia, and Africa, gets access to air traffic from all these regions. The region is home to some major airlines such as the Emirates Group, Qatar Airways, and Etihad Airlines who are investing heavily on the procurement of new aircraft which is likely to propel the growth of the market over the forecast period.

Competitive Landscape

Hong Kong Aircraft Engineering Company Limited (Hong Kong), ACRO Aircraft Seating Ltd (UK), Aviointeriors SpA (Italy), Zodiac Aerospace (France), GEVEN SpA (Italy), Thompson Aero Seating Ltd (UK), JAMCO Corporation (US), B/E Aerospace, Inc. (US), Recardo Aircraft Seating GmbH & Co.KG (Germany), and Zim Flugsitz GmbH (Germany) are the notable players in the global aircraft seating market.

Global Aircraft Seating Market Research Report—Forecast till 2024 @ https://www.marketresearchfuture.com/reports/aircraft-seating-market-1275