The global aircraft cabin interior market is anticipated to attain a valuation of USD 20.7 billion in 2023 and is estimated to reach USD 37.6 billion by 2033, and is likely to increase at a CAGR of 6.1% during the forecast period.
Learn more about recent automotive developments by downloading a sample report from FMI:
https://www.futuremarketinsights.com/reports/sample/rep-gb-187
Key Takeaways
- United States aircraft cabin interior market is expected to grow with a CAGR of 6.1% during the forecast period.
- The demand for aircraft cabin interior in Russia is expected to grow with a CAGR of 5.9% during the forecast period.
- By distribution channel, the aftermarket segment is projected to grow with a CAGR of 6.8% during the forecast period.
- The market in China is expected to grow with a significant CAGR of 6.5% throughout the forecast period.
Long-haul flights have greatly grown in recent years; these are nonstop trips that take more than seven hours. This trend can be connected to the shorter flight times and fewer transit problems brought on by an aircraft’s improved range. In contrast, long-haul flights can be challenging for passengers because of fatigue, restlessness, jet lag, and overall discomfort. In order to solve these issues, airlines are giving passenger comfort a high priority, which has led to a rise in the usage of technologically advanced, cosier, and adjustable cabin interior systems.
The rise of low-cost airlines, according to the International Civil Aviation Organisation (ICAO), has altered the face of international air travel. Low-cost carriers carried an estimated 1.3 billion passengers in total just in 2018. This trend has increased demand for aircraft interior restoration and space optimisation, particularly from low-cost carriers and smaller airlines.
raised demand for aircraft interior restoration and space optimisation, notably from low-cost carriers and smaller airlines.
The Boeing Commercial Market Outlook and Airbus Market Forecast of 2019 predict that the demand for international air travel would rise significantly during the next 10 years. An additional 200 million people are expected to enter the middle class globally in order to support this increase. Because of this expanding demand, it is projected that the market for cabin interiors would expand.
“A shift from conventional systems to more soothing and comfortable interior products in long-haul flights is expected to drive market growth during the forecast period,” comments an FMI analyst.
Competitive Landscape
The market for aircraft cabin interior is highly competitive, with numerous prominent industry players making substantial investments in their production.
The key industry players are United Technologies Corporation, Zodiac Aerospace S.A., HAECO Group, Diehl Stiftung & Co. KG, Aviointeriors S.p.A., Geven S.p.A., Bucher Group, Panasonic Avionics Corporation, Turkish Cabin Interior Inc., SCI Cabin Interiors, Factorydesign and Honeywell International, Inc.
Create a Custom Report: Customise the Exclusive Insights to Your Market for Aircraft Cabin Interiors:
https://www.futuremarketinsights.com/checkout/187
Key Segments Profiled in the Aircraft cabin interior Market Industry Survey
By Product Type:
- Sidewalls/Liners
- Carts
- Overhead Bins
- Seats
- Lavatory
- Monuments
- Windows
- Lights
- IFEC
- Flooring
By Aircraft Type:
- Narrow Body Aircrafts
- Wide Body Aircrafts
- Large Body Aircrafts
By Application:
- Seating System
- Gallery
- Cabin & Structure
- Equipment & System
By Distribution Channel:
- OEM
- Aftermarket
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
Some recent developments in the market are:
- In July 2021, HAECO Cabin Solutions and Diehl Aviation joined forces through a strategic commercial agreement. This partnership enables them to offer a comprehensive range of aircraft interior components seamlessly.
- Collins Aerospace introduced an enhanced appearance for its Venue Cabin Management System in May 2021. The revamped graphical user interface (GUI) of Venue offers a streamlined and intuitive cabin control experience, maintaining a consistent look across the cabin’s touch panels and the system’s mobile device app.
- Diehl Aerospace has obtained a contract extension from Boeing in February 2021 to supply the interior lighting system for the Boeing 787 Dreamliner. The current contract, originally set to end by the close of 2022, has been extended into the next decade through a mutual agreement. This extension reinforces Diehl Aerospace’s commitment to providing top-notch interior lighting solutions for the 787 Dreamliner and solidifies their partnership with Boeing.
- Collins Aerospace introduced its cutting-edge Hypergamut™ Lighting System in June 2022. This innovative lighting solution is set to be operational by early 2024, promising enhanced capabilities and an exceptional lighting experience for various applications.
More Valuable Insights Available
Future Market Insights offers an unbiased analysis of the global aircraft cabin interior market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.
To understand opportunities in the aircraft cabin interior market, the market is segmented on the basis of product type, aircraft type, application, distribution channel and region.
About the Automotive Division at Future Market Insights
The automotive team at Future Market Insights offers expert analysis, time-efficient research, and strategic recommendations with the objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 billion+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis on key trends including competitive landscape, profit margin, and research development efforts.
About Us
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact:
Future Market Insights Inc.
Christiana Corporate,
200 Continental Drive,
Suite 401, Newark,
Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
LinkedIn | Twitter | Blogs