Aircraft Cabin Interior Market Business Opportunities, Current Trends & Industry Analysis By 2020 – 2027


Posted June 15, 2020 by avinash1

The aircraft cabin is the part of the aircraft in which passenger travels.

 
Market Overview
The aircraft cabin is the part of the aircraft in which passenger travels. The aircraft cabin interior comprises components and systems that are used inside the cabin such as overhead bins, seats, monuments, lavatory, carts, and lights. The primary purpose of an aircraft cabin interior is to provide comfort and convenience to the passenger. Moreover, various airlines install mood lighting, new fiber seats, in-flight live and screening, which can be manually controlled by remote control. The global aircraft cabin interior market has been segmented on the basis of product type into sidewalls/ liners, carts, overhead bins, seats, lavatory, monuments, windows, and other products. Furthermore, the market is divided into by application, by aircraft type, by distribution channel, and by region segments.

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The global aircraft cabin interior market accounted US$ 16,113.2 Mn in terms of value and 2,415.9 Units in terms of volume in 2019.
Market Dynamics- Drivers
Growing preference of consumer for air travel is expected to drive growth of the global aircraft cabin interior market during the forecast period
According to International Air Transport Association (IATA) report, 2015, number of passengers traveling by air increased to 3.4 billion passengers in 2015 from 3.3 billion passengers in 2014, registering a growth of 3%. Furthermore, the high growth of tourism industry, rising international travel, higher disposable income, competitive ticket pricing, and a significant reduction in traveling time are compelling consumers to opt for air travel than other modes of commute. This, in turn, is influencing airline carriers to deploy new aircraft and thereby drive the growth of the global aircraft cabin interior market.
Rise in long-distance air travel boosting the demand for advanced and comforting interiors is expected to propel the global aircraft cabin interior market growth over the forecast period
Long-haul flights or long-distance non-stop air travel of over seven hours of flight time has increased significantly in the recent past. This is owing to increasing traveling range of aircraft, which leads to shorter travel times and fewer transit complications. However, a long-haul flight can lead to various health complications such as fatigue, restlessness, jet lag, and overall discomfort for passengers. Airline carriers are focused on enhancing passenger comfort, which in turn, is increasing adoption of comfortable, highly customizable, and technologically advanced cabin interior systems to replace the existing conventional systems. The practice of fitting more comfortable and soothing aircraft cabin interior products in long haul flights is expected to support growth of the global aircraft cabin interior market over the forecast period.

Market Opportunities
Customization and replacement of existing aircraft cabin interior components to provide major growth opportunities
The global aviation industry is growing at a steady pace though there is intense competition among major airline carriers. These airline carriers make extreme efforts to increase passenger share by including more destinations, providing competitive prices, and refurbishing aircraft frequently. For instances, Thomson Airways cabin structure to accommodate the whole family, Air New Zealand’s SkyCouch, a row of three economy seats that together create a flexible space, and Etihad Airways ‘The Residence’, a three-room suite which has living room, bedroom, and shower room, has led to frequent customization and replacement of aircraft interior products. Moreover, on average, airline carriers replace their cabin interior products every 3 to 5 years to provide a new look and feel their aircraft.
Adoption of in-flight entertainment system and connectivity systems across all classes can present significant growth opportunities
First class and business class passengers receive special features and amenities such as personalized in-flight entertainment and communication systems for comfort and convenience. Until recently, amenities in economy class segment were kept to a bare minimum. However, rising competition in the global airline industry is compelling airline carriers to offer communications systems and in-flight entertainment in the economy class seating, in order to attract more passengers. For instance, certain airlines such as FlyDubai offer these amenities for a small pre-paid fee.

Market Taxonomy

This report segments the global aircraft cabin interior market on the basis of product type, application, aircraft type, Distribution channel. On the basis of product type, the global aircraft cabin interior market is segmented into Flooring, Sidewalls/Liners, Carts, Overhead Bins, Seats, Lavatory, Monuments, Windows and Others (Lights and IFEC).On the basis of application, the market is segmented into Seating System, Galley, Cabin & Structure, and Equipment & System. On the basis of aircraft type, the market is segmented into Narrow Body Aircraft, Wide Body Aircraft, and Large Body Aircraft. On the basis of Distribution Channel, the market is segmented into OEM and Aftermarket

Key features of the study:

• This report provides an in-depth analysis of the global aircraft cabin interior market and provides market size (US$ Million & Units) and Compound Annual Growth Rate (CAGR %) for the forecast period (2019 – 2027), considering 2018 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
• It profiles leading players in the global aircraft cabin interior market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
• The global aircraft cabin interior market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global aircraft cabin interior market

Detailed Segmentation:

Global Aircraft Cabin Interior Market, By Product Type:
• Flooring
• Sidewalls/Liners
• Carts
• Overhead Bins
• Seats
• Lavatory
• Monuments
• Windows
• Others (Lights and IFEC)
Global Aircraft Cabin Interior Market, By Application:
• Seating System
• Galley
• Cabin & Structure
• Equipment & System
Global Aircraft Cabin Interior Market, By Aircraft Type:
• Narrow Body Aircraft
• Wide Body Aircraft
• Large Body Aircraft
Global Aircraft Cabin Interior Market, By Distribution Channel:
• OEM
• Aftermarket

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Competitive Section
Key players operating in the global aircraft cabin interior market are Aviointeriors S.p.A., Factorydesign, B/E Aerospace, Inc., SCI Cabin Interiors, United Technologies Corporation, Turkish Cabin Interior Inc., Zodiac Aerospace S.A., Panasonic Avionics Corporation, Collins Aerospace, HAECO Group, Bucher Group, Diehl Stiftung & Co. KG, and Geven S.p.A.

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Tags aircraft cabin interior market , aircraft cabin interior market share , aircraft cabin interior market size
Last Updated June 15, 2020