Published on : Apr 29, 2020
A surge in the number of air passengers has been witnessed across the globe, lately. Owing to this, airlines are keen to provide good facilities to the passengers. Hence, they are upgrading the existing aircrafts. This is one of the main factors influencing the global aircraft cabin interiors market. Other factors contributing to the growth of global aircraft cabin interiors market are discussed in detail in the newly added report of RMoz library. The report titled “Global Aircraft Cabin Interiors Market Insights, Forecast to 2025,” has covered important aspects that could influence the demand for higher appeal cabin interiors in the coming years.
The report is an all-important tool for valuable insights into growth trends and opportunities that will influence the global aircraft cabin interiors market over the forecast period. In addition, the report looks into geographical distribution and competitive landscape of the oil condition monitoring services market. Overall market size and revenue projections are some key features of this report.
The preparation of the report involved an extensive research phase. Analysts reached out to experts of the industry to note the key point. Also, they have taken major changes into consideration, which is going to shape the global aircraft cabin interiors market in the forecast period. The base year considered for the report is 2018, while the forecast period is 2019 to 2025.
The research report covers driving factors contributing to the growth of the market, application areas, competitive landscape, upcoming opportunities and possible restraining factors.
Composed of 115 pages, the global aircraft cabin interiors market report is presented -wise format. The report includes an exhaustive array of graphs and pictorial representations to depict growth trends pictorially.
The aircraft cabin interiors market is divided on the basis of aircraft seating segment, cabin lighting, aircraft interior panels, cabin lighting, aircraft windows and windshields, in-flight entertainment and connectivity, aircraft overhead stowage bins, aircraft lavatory, and aircraft galley. To enhance the passenger experience while travelling, the seating segment will be leading the global aircraft cabin interiors market. At the same time, people taking long-hour flight prefer in-flight entertainment. Hence, the in-flight entertainment and connectivity segment will also contribute to the rise of global aircraft cabin interiors market.
Considering the demand for long-haul air travel, production of wide body aircraft segment is also projected to grow in the forecast period. This will result in expansion of global aircraft cabin interiors market.
Taking the end user into account, the aircraft cabin interior market has been divided into aftermarket, original equipment manufacturer (OEM), and maintenance, repair and operations (MRO). Due to the rise in air passenger traffic, commercial aviation sector is also growing significantly across the globe. This is adding to the demand for new aircraft each passing year. The rising demand is a driving factor for growth of the OEM division of the global aircraft cabin interiors market during the forecast period.
The report studies the geographical distribution of global aircraft cabin interiors market dividing the market into Asia Pacific, North America, Latin America, Europe, the Middles East, and Africa. According to the report, the North American region will be leading the aircraft cabin interiors market in the forecast period. The US has a thriving aviation industry which makes the region a major market of cabin interiors.
Compared to North America, there are less numbers of profitable airlines in the developing countries such as India and South Africa. This is a restraining factor to the growth of global aircraft cabin interiors market in these regions.
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In the competitive landscape, the major strategies undertaken by key companies in the market include expansion by collaboration, mergers, and acquisitions, partnership and contracts.
Key players in the global aircraft cabin interiors market are Astronics Corporation (US), Honeywell International (US), Panasonic Avionics (US), Zodiac Aerospace (France), and Diehl Stiftung & Co. KG (Germany). Other major companies compared in the competitive landscape include the name of United Technologies Corporation (US), Gogo (US), RECARO Aircraft Seating GmbH & Co. KG (Germany), Global Eagle Entertainment (US), and Cobham plc (UK).