Aircraft Seat Actuation Market 2018 to Rise at CAGR of ~12.5% Through 2021: Worldwide Overview by Industry Size, Share, Future Trends, Growth Factors and Leading Players

Pune, India -- (SBWire) -- 12/12/2018 --Seat Actuation Market in Global Commercial Aircraft Industry to Register Double-Digit CAGR during the Forecast Period 2016-2021.

Market Synopsis:

Market Research Future (MRFR)'s latest report reveals that the global commercial aircraft seat actuation market is set to proliferate exponentially at a CAGR of 12.5% during the forecast period 2016 to 2021. The increasing investments into the enhancement of passenger experience by the aviation industry leaders are likely to favor the market growth in the forthcoming years.

The increasing demand for lightweight seat designs due to fuel efficiency has opened avenues of growth opportunities for the commercial aircraft seat actuation market participants. Additionally, the growing demand for new aircrafts is another factor responsible for accelerating the expansion of the market.

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The boom witnessed in the aviation industry coupled with increasing disposable income of the customers have intensified the need for comfortable passenger experience. This, in turn, is prognosticated to have a positive influence on the proliferation of the commercial aircraft seat actuation market.

The market exhibits enormous potential at this point and is poised to catalyze revenue creation through the assessment period. Some of the factors responsible for the market proliferation include the adoption of electric actuators, rising demand in the emerging countries, etc. However, factors such as an increase in competitive inexpensive carriers, industry regulations, etc. are expected to hold the proliferation of the market across the review period.

Competitive Dashboard:

Some of the key players profiled in the report are-

- Bühler Motor
- Zodiac Aerospace
- Airworks
- Dornier Technology
- Nook Industries
- Crane Aerospace & Electronics
- Enivate
- Global AirWorks
- PGA Electronics
- UTC Aerospace

Recent Industry News:

In March 2018, Adient, an aviation and automotive parts manufacturer focused on automotive seating, and the U.S. based Boeing jointly presented seating solutions at AIX in Hamburg, Germany, from 10th to 12th of April.

In July 2018, Astronics PGA, solutions provider for VVIP, VIP, business jets, and commercial aviation, entered into a contract with Jamco, a leader in the aviation industry for providing next-generation seat motion and lighting systems for Jamco's Venture seat program.

Market Segmentation:

By seat type, the commercial aircraft seat actuation market has been segmented into first class, business class, premium economy class, and economy class.

By aircraft type, global commercial aircraft seat actuation market is segmented into WBA, NBA, and RTA.
By actuator type, the commercial aircraft seat actuation market has been segmented into hydraulic and electromechanical systems.
By mechanism type, the global commercial aircraft seat actuation market is segmented into linear and rotary.
By fit, the commercial aircraft seat actuation market has been segmented into line fit and retrofit.

Regional Analysis:

By region, the global commercial aircraft seat actuation market has been segmented into Americas, Europe, Asia Pacific, and the Middle East & Africa. Europe is likely to remain a highly lucrative market in the forthcoming years. The growth trajectory of the regional market is guided by the developments introduced by the European Aviation Safety Agency (EASA) and the European Union (EU). Additionally, the presence of aircraft seat actuator manufacturers in the region is expected to fuel the growth of the market.

The commercial aircraft seat actuation market in North America is anticipated to witness a surge in demand and exhibit significant growth over the next couple of years. Meanwhile, the market in Asia Pacific is set to register a strong CAGR of 14% during the forecast period.

The Middle East & Africa market resonates strong growth opportunities which are attributable to the massive air traffic and booming aviation industry. Furthermore, the increased investments by the key players in the region for the development of the commercial aircraft seat actuation market is also anticipated to accelerate the revenue creation for market players.

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Scope of Report

The market report for Global Commercial Aircraft Seat Actuation Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Study Objectives of Global Commercial Aircraft Seat Actuation Market

- To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the Global Commercial Aircraft Seat Actuation Market

- To provide insights about factors affecting the market growth

- To analyse the Global Commercial Aircraft Seat Actuation Market based on various factors- price analysis, supply chain analysis, porter's five force analysis etc

- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)

- To provide country-level analysis of the market with respect to the current market size and future prospective

- To provide country-level analysis of the market for segment by seat type, aircraft type, actuator type, mechanism type, and fit.

- To provide strategic profiling of key players in the market, comprehensively analysing their core competencies, and drawing a competitive landscape for the market

- To track and analyse competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Commercial Aircraft Seat Actuation Market

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