Press Release

Global Aircraft Seating Market to Grow at 5.60% CAGR by 2026

Continuously evolving passenger demand for comfortable air travel and increasing need for IFEC system to drive the global aircraft seating market through 2026.

According to TechSci Research report Global Aircraft Seating Market By Aircraft Type (Narrow-Body Aircraft, Wide-body Aircraft, Regional Aircraft, Business Jets) , By Class (Economy Class, Premium Economy Class, Business Class, First Class), By Crew Seats (Pilot /Co-pilot Seats, Cabin Crew Seats, Passenger Seats) and By Region, Competition  Forecast & Opportunities, 2026”, Global aircraft seating market was valued at USD5,147.06 million in 2020 and is estimated to reach around USD7,074.30 million by 2026, accelerating with a CAGR of 5.60% in terms of value. Due to the continuously growing global economy and the increasing per capita income, the demand for comfortable passenger air travel is continuously on the rise. As a result, higher number of aircraft manufacturing companies are mounting up superior quality aircraft seats in their aircraft. Federal Aviation Administration (FAA) has issued regulations regarding safer air travel. New rules were stated for the aircrafts manufactured after October 2009, that the aircraft seats must be able to withstand the force which is 16 times the force of gravity (16g seats), as compared to the previous standard aircraft seats which were able to withstand 9 times the force of gravity (9g seats). The growth in the global aircraft seating market is also driven by thriving demand for in-flight entertainment and connectivity (IFEC) systems by the air travelers across the globe. Due to the growing need for internet connectivity for business needs while travelling in air, the aircraft seat manufacturing companies are increasingly setting up more advanced internet connectivity systems in their manufactured aircraft seats and the trend is expected to flourish in the forthcoming years as well. The increase in income and improving living standards of the people is booming the demand for tourism and travel industry, as a result the demand for commercial aircrafts is increasing. The increasing demand of commercial aircrafts across the globe is driving the global aircraft seating market. Since major aircraft manufacturing companies are in North America and Europe, the global aircraft seating market is majorly dominated by North American region and the European region. These two regions account for the highest number of aircraft seat sales globally, with their combined market share of around 50% in 2020 in the global aircraft seating market. These two regions are comparatively dominating against the other regions based on their net orders of the aircraft seats across the globe. In North America, United States holds maximum market share and narrow body seats are dominating the market by a fair margin. Due to increasing air travel for business purposes, the business aircraft seats and the first-class aircraft seats demand have increased in the recent years and the trend is expected to continue for the forecast period as well. In Asia Pacific, China holds the most significant market share, accounting for over 40% of the Asia-Pacific aircraft seating market.

Browse 184 market data Figures spread through 110 Pages and an in-depth TOC on "Global Aircraft Seating Market"

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Global aircraft seating market can be segmented based on aircraft type, class, crew seats, seat type, end use and region. In terms of aircraft type, the narrow-body aircraft seats segment accounts for the largest market share and the trend is expected to continue in the coming years as well. The increasing demand for global passenger air travel will drive the sales of wide body aircraft seats globally. Continuously improving airport infrastructure and technology, connecting remote regions is inducing the sales of regional aircrafts, and hence increasing the sales of regional aircraft seats as well.

In terms of class, aircraft seats are distinguished based on economy class, premium economy class, business class and first class. As the lifestyle of people is getting better continuously, consumer spending on air travel has increased, as a result the sales of premium economy seats have increased in the past years and the same is expected in future. Economy class seats, being the least expensive cabin seats in the segment accounts for the largest market share of 68.58%. Owing to the fact of comfortable air travel and the increasing global business, market share of business class seats and first-class seats have increased in the recent years and the same is expected in the forecast years as well.

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In terms of crew seats, aircraft seats are distinguished based on Pilot/Co-pilot seats, cabin crew seats, and passenger seats. Passenger seats hold the maximum market share in this segment. Due to the increasing concern of passenger safety, airlines are employing more cabin crew members in their flights, as a result the sales of cabin crew seats have increased in the recent years.

Based on seat type, aircraft seats are distinguished between 9G seats and 16G seats. Due to FAA regulations on 16G cabin seats over safety standards, the market share of 16G cabin seats is dominant over 9G seats.

On the basis of region, the market is segmented among Asia Pacific, North America, South America, Europe, Middle East, and Africa. Majority of cabin seat demand comes from North America and Europe, hence organizing them as leaders of the mainstream market.

“In 2020, North America accounted for the largest share of around 29% in global aircraft seating market. The region is expected to maintain its dominance over the next five years as well. United States is one of the leading aircraft seating manufacturing regions globally. Increasing level of comfort for passenger air travel and need for IFEC systems is boosting the demand for cabin seats globally.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based Indian management consulting firm.

Global Aircraft Seating Market, By Aircraft Type (Narrow-Body Aircraft, Wide-body Aircraft, Regional Aircraft, Business Jets), By Class (Economy Class, Premium Economy Class, Business Class, First Class), By Crew Seats (Pilot /Co-pilot Seats, Cabin Crew Seats, Passenger Seats) and By Region, Competition Forecast & Opportunities, 2026”, has evaluated the future growth potential of global aircraft seating market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the global aircraft seating market.

 

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