Aircraft Seat Actuation System Market Major Payers Analysis and Forecast Growth Until 2026
Continuously evolving passenger demand for comfortable air travel and increasing need for In-flight entertainment and connectivity system, to drive global aircraft seat actuation system market through 2026.
According to TechSci Research report “Aircraft Seat Actuation System Market, By Aircraft Type (Narrow-Body Aircraft, Wide-Body Aircraft, Regional Aircraft, Business Aircraft), By Class (Premium Economy Class, First Class, Business Class, Economy Class,) By Type (Hydraulic, Pneumatic, Electromechanical), By Mechanism Outlook (Linear, Rotary) and By Region, Competition, Forecast & Opportunities, 2026”, the global aircraft seat actuation system market is estimated to reach around USD148.64 billion by 2026, growing with a CAGR of 7.01% in value terms over the next five years. Seat actuation systems allow the passengers to calibrate their seating positions as per their level of comfort. Various type of actuators like the hydraulics, pneumatics and electro-mechanical actuators permit the seat to adjust between various seating positions based on the requirements of passengers. Due to the continuously improving global economy and growing per capita income, the demand for comfortable passenger air travel is continuously on the rise. As a result, a higher number of aircraft manufacturing companies are mounting up superior quality aircraft seats with advanced seat actuation systems for extra comfort in their aircrafts. 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), aiding the need of safe and comfortable passenger air travel, driving the demand of state of the art seat actuation systems to increase the overall safety of an aircraft. The growth in the global aircraft seat actuation system market is also driven by thriving demand for in-flight entertainment and connectivity (IFEC) systems by air travelers across the globe. Due to the growing need for internet connectivity for business needs while traveling in air, the aircraft seat manufacturing companies are increasingly setting up internet connectivity systems aligned with advanced seat actuation 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 aircraft across the globe is driving the global aircraft seat actuation system market. Since major aircraft manufacturing companies are in North America and Europe, the global aircraft seat actuation system market is majorly dominated by North America region and the Europe region. These two regions account for the highest number of aircraft seat actuation system sales globally, with their combined market share of over 50% in 2020 in the global aircraft seat actuation system market. These two regions are comparatively dominating against the other regions based on their net orders of the aircraft seat actuation systems across the globe. In the North America region, United States holds the maximum market share and narrow aircraft body seat actuation systems are dominating the market by a fair margin. Due to increasing air travel for business purposes, the business aircraft seat actuation systems and the first-class aircraft seat actuation systems demand have increased in recent years and the trend is expected to continue for the forecast period as well. In the Asia-Pacific region, China holds the most significant market share, accounting for over 45% of the Asia Pacific aircraft seat actuation system market in year 2020.
Browse more than 154 market data Figures and spread through 110 Pages and an in-depth TOC on “Global aircraft seat actuation system market.”
Global aircraft seat actuation system market can be segmented based on aircraft type, class, type, mechanism outlook and region. In terms of aircraft type, the narrow-body aircraft segment accounts for the largest market share and the trend is expected to continue in the forthcoming years as well. Continuously improving airport infrastructure and technology, connecting remote regions is inducing the sales of regional aircraft, increasing the sales of regional aircraft seat actuation systems 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 also increased. As a result, the sales of premium economy seat actuation systems account for the largest market share. Owing to the fact of comfortable air travel and the increasing global business, market share of business class seats and the 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 2020, North America accounted for the largest share, i.e., 30.25% in the global aircraft seat actuation system market. The region is expected to maintain its dominance over the next five years as well. United States is one of the leading aircraft seat actuation system manufacturing regions globally. Increasing level of comfort for passenger air travel and need for IFEC systems is boosting the demand for aircraft seat actuation systems globally.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based Indian management consulting firm.
“Global Aircraft Seat Actuation System Market, By Aircraft Type (Narrow-Body Aircraft, Wide-Body Aircraft, Regional Aircraft, Business Aircraft), By Class (Premium Economy Class, First Class, Business Class, Economy Class,) By Type (Hydraulic, Pneumatic, Electromechanical), By Mechanism Outlook (Linear, Rotary) and By Region, Competition, Forecast & Opportunities, 2026”, has evaluated the future growth potential of the global aircraft seat actuation system 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 seat actuation system market.
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