Aircraft seating market to grow at 13.78% CAGR by 2021
Although, narrow body aircraft holds the major percentage share in the total existing and in demand aircrafts, wide body aircrafts is projected to display a faster growth in the future.
PUNE, India - The new report Global Aircraft Seating Market (By Seat Type, By Aircraft Type, By Fit Type): Analysis By Region, By Country (2016-2021) published at ReportsnReports.com strategically shows Long term growth in Asia Pacific; Surging demand for low cost carriers and Wide Body aircraft growing at a high pace. This report porter's five forces analysis on Aircraft Seating Market, SWOT Analysis and also provides policy and regulatory landscape.
Complete report on Aircraft Seating Market spreads across 180 pages, analysing 10 companies, supported with 48 tables and 70 figures is available here
Global Aircraft Seating Market is forecasted to grow at a CAGR of 13.78% during 2016 - 2021. The strong growth in aircraft seating market is driven by the surging demand for air transport with new emerging markets in developing regions. Rise in passenger traffic as well as increase in aircraft orders and deliveries are the major factors affecting the growth aircraft seating market.
Although, narrow body aircraft holds the major percentage share in the total existing and in demand aircrafts, wide body aircrafts is projected to display a faster growth in the future. Among the regions, Europe holds the largest market share mainly due to manufacturing hub for aircraft manufacturers. However, APAC is expected to grow at a faster pace during forecasted period.
According to research report, Global Aircraft Seating Market (By Aircraft Seat Type; By Aircraft Type; By Fit Type, By Region): Trends, Opportunities and Forecasts (2016-2021), Global Aircraft Seating Market is projected to exhibit a CAGR of over ~13.78% during 2016 - 2021. Global Aircraft Seating Market has been segmented on basis of Aircraft Seat Type (Suites, First Class, Business Class; and Premium Economy and Economy Class), Aircraft Type (Narrow Body Aircraft, Wide Body Aircraft; and Regional Transport Aircraft), Fit Type (Line Fit and Retrofit); By Region (North America, Europe, APAC and ROW); Country (US, Canada, UK, Germany, China and Japan).