Stratview Research announces the launch of a new market research report on Aircraft Overhead Stowage Bins Market by Aircraft Type (Narrow-Body Aircraft, Wide-Body Aircraft, Very Large Body Aircraft, and Regional Aircraft), by Aircraft Program Type (B737, B777, B787, A320 Family, A330/A340, A350XWB, A380, B737 Max, B777x, A320neo, A330neo, E175, C Series, and Others), by Bin Type (Shelf Bin, Pivot Bin, and Translating Bin), by Board Type (Inboard and Outboard), by Fit type (Line Fit and Retrofit), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2018-2023

This report, from Stratview Research, studies the overhead stowage bins market for the aircraft industry over the trend period 2012 to 2017 and the forecast period of 2018 to 2023. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The Aircraft Overhead Stowage Bins Market: Highlights

The aircraft stowage bins market offers healthy growth opportunities over the next five years to reach an estimated value of US$ 501.3 million in 2023. Increasing commercial aircraft deliveries, the introduction of fuel-efficient variants of existing aircraft programs, an advancement in bin design, and growing aircraft fleet size are the key factors that are driving the demand for overhead stowage bins in the aircraft industry over the next five years.

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Both Boeing and Airbus are developing new stowage bins by carving out every single centimeter of space in
such a way that the aircraft will accommodate more number of rollaboard bags in it. For instance: Boeing developed large pivot bins for its Sky Interior design in 2010 which is used in the smaller B737 fuselage. Also, major tier players are working with OEMs for developing overhead stowage bins, which are lightweight, aesthetically good, and large in size to accommodate more number of rollaboard bags in the cabin.

Narrow-body aircraft is projected to remain the largest aircraft segment of the aircraft overhead stowage bins market during the forecast period, driven by increasing production rates of A320 family and B737 including their fuel-efficient variants (A320neo and B737 Max) and an advancement in bins technology. Wide-body aircraft is likely to witness the highest growth during the forecast period, driven by B787 and A350XWB and upcoming fuel-efficient variants including B777x and A330neo.

North America is expected to remain the dominant overhead stowage bins market for the aircraft industry during the forecast period. The region is the manufacturing capital of the aerospace industry with the presence of large- to small-sized OEMs, stowage bin manufacturers, and raw material suppliers.

The key overhead stowage bin manufacturers are Zodiac Aerospace, FACC AG, Boeing Interior Responsibility Center, Jamco Corporation, and Aim Altitude. New product development, collaboration with OEMs, and long-term contracts are some of the key strategies adopted by the major players to gain a competitive edge in the market. All the players are developing larger and lightweight bins that can accommodate a large number of rollaboard bags.

Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

The aircraft overhead stowage bins market is segmented into the following categories.
Aircraft Overhead Stowage Bins Market by Aircraft Type:
• Narrow-Body Aircraft
• Wide-Body Aircraft
• Very Large Body Aircraft
• Regional Aircraft
Aircraft Overhead Stowage Bins Market by Aircraft Program Type:
• B737 Aircraft Program
• B777 Aircraft Program
• B787 Aircraft Program
• A320 Family Aircraft Program
• A330/A340 Aircraft Program
• A350XWB Aircraft Program
• A380 Aircraft Program
• B737 Max Aircraft Program
• B777x Aircraft Program
• A320neo Aircraft Program
• A330neo Aircraft Program
• E 175 Aircraft Program
• C Series Aircraft Program
• Other Aircraft Programs
Aircraft Overhead Stowage Bins Market by Bin Type:
• Shelf Bin
• Pivot Bin
• Translating Bin
Aircraft Overhead Stowage Bins Market by Board Type:
• Inboard Overhead Stowage Bin
• Outboard Overhead Stowage Bin
Aircraft Overhead Stowage Bins Market by Fit Type:
• Line Fit
• Retro Fit
Aircraft Overhead Stowage Bins Market by Region:
• North America (Country Analysis: the USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, the UK, Italy, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: the Middle East, Latin America, and Others)

About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences and Oil & Gas.