Aircraft Cabin Interior Market Projected to Reach USD 37.6 Billion by 2033 at a CAGR of 6.1% | FMI Reports

Aircraft Cabin Interior Market

The global Aircraft Cabin Interior Market is expected to reach a valuation of USD 20.7 billion in 2023 and is projected to grow to USD 37.6 billion by 2033, with a Compound Annual Growth Rate (CAGR) of 6.1% over the forecast period.

In recent years, the aviation industry has experienced a notable increase in long-haul flights, which are defined as non-stop journeys lasting more than seven hours. This trend is primarily driven by advancements in aircraft range capabilities, enabling longer flights with fewer layovers. However, extended flights can present challenges for passengers, such as fatigue, restlessness, jet lag, and overall discomfort. To address these issues, airlines are placing greater emphasis on enhancing passenger comfort by investing in more comfortable, customizable, and technologically advanced cabin interior systems.

The global air transport industry has also been significantly influenced by the rise of low-cost airlines. According to the International Civil Aviation Organization (ICAO), low-cost carriers transported around 1.3 billion passengers in 2018 alone. This growth has led to increased demand for aircraft interior refurbishment and space optimization, particularly among low-cost carriers and regional airlines.

Additionally, the Boeing Commercial Market Outlook and Airbus Market Forecast from 2019 anticipate a significant increase in global air travel demand over the next decade. This surge is expected to be driven by the expansion of the middle class, with an estimated 200 million people joining this category worldwide. Consequently, the market for aircraft cabin interiors is set for substantial growth, benefiting from the increasing demand for air travel.

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.

“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.

Unlock Comprehensive Insights—Read the Full Report Today!

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.

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

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
Website: https://www.futuremarketinsights.com
LinkedInTwitterBlogs | YouTube

Leave a comment

Your email address will not be published. Required fields are marked *