The Global Commercial Aircraft In-Seat Power System Market Set for Growth with an Expected CAGR of 3.73% by 2027


Posted December 6, 2023 by Hindhuja

The global commercial aircraft in-seat power system market is anticipated to experience significant growth, with Market Data Forecast estimating its value to reach USD 63.5 billion by 2027, driven by a Compound Annual Growth Rate (CAGR) of 3.73%.

 
The Global Commercial Aircraft In-Seat Power System Market Set for Growth with an Expected CAGR of 3.73% by 2027

The global commercial aircraft in-seat power system market is anticipated to experience significant growth, with Market Data Forecast estimating its value to reach USD 63.5 billion by 2027, driven by a Compound Annual Growth Rate (CAGR) of 3.73% during the forecast period.

Commercial aircraft in-seat power systems refer to the power outlets and charging solutions integrated into aircraft seats, allowing passengers to charge their electronic devices during flights. These systems enhance the passenger experience by providing convenient access to power for smartphones, tablets, laptops, and other devices.

The increasing reliance on personal electronic devices during air travel drives the demand for in-seat power systems. Passengers seek continuous connectivity for work, entertainment, and communication, making in-seat power an essential feature.

Airlines recognize the role of in-seat power systems in elevating their competitiveness and enhancing the overall passenger experience. Offering reliable power solutions contributes to customer satisfaction and loyalty in an intensely competitive aviation landscape.

Ongoing technological advancements, coupled with the proliferation of electronic devices, necessitate robust and versatile in-seat power systems. Compatibility with various devices and the ability to support rapid charging are crucial drivers in this dynamic market.

Implementing in-seat power systems involves installation and maintenance costs, which can be a restraint for airlines, especially in periods of economic uncertainty. Balancing the investment with the perceived value to passengers is a key consideration.

Aircraft design considerations, including weight and space limitations, pose challenges for in-seat power system integration. Striking a balance between providing ample power solutions and adhering to weight restrictions can be a constraint in aircraft interior design.


Key Players in the Commercial Aircraft In-Seat Power System Market:
● Astronics Corporation
● Zodiac Aerospace (now part of Safran)
● Panasonic Avionics Corporation
● Thales Group
● IFPL (Inflight Peripherals Ltd)
● VT Miltope
● KID-Systeme GmbH
● GoGo Inc.
● AeroMobile (a Panasonic Avionics Corporation subsidiary)
● Astronics Advanced Electronic Systems
● Inflight Canada Inc.
● digEcor (now part of Burrana)
● Astronics AES
● Astronics Ballard Technology
● Astronics Luminescent Systems Inc.
● Astronics PGA Avionics
● IMPA Aerospace Ltd.
● Geven S.p.A.
● Heinemann Duty Free

Recent Developments:
● In Jun 2022, Astronics, continued to advance its EmPower® in-seat power system, introducing features like USB-C power outlets and wireless charging capabilities.
● In Jun 2022, Panasonic Avionics focused on developing in-seat power systems with enhanced connectivity options and compatibility with personal electronic devices.
● In April 2023, Zodiac Aerospace worked on integrating power systems into their aircraft seating solutions, emphasizing lightweight and efficient in-seat power options for passengers.

Key Market Segments Covered in Commercial Aircraft In-Seat Power System Market Research:
By Seating Class Type
● Economy Class,
● Premium Economy Class,
● Business Class,
● First Class
By Air Craft Type
● Narrowbody,
● Widebody,
● Very-Large Aircraft,
● Regional Transport Aircraft,
● Fighter Jet,
● Helicopter,
● Others
By Application
● B2B
● B2C
By Region
● North America
● Europe
● Asia-Pacific
● Latin America
● Middle East and Africa

North America is dominating the Commercial Aircraft In-Seat Power System market, due to a major hub for the aviation industry, home to several prominent airlines and aircraft manufacturers. The demand for in-seat power systems is driven by the region's tech-savvy passenger base and the continuous efforts of airlines to enhance the overall passenger experience. With a mature aviation market and a high level of technological adoption, North America dominates the in-seat power system market.
Europe follows closely behind North America in the Commercial Aircraft In-Seat Power System market. The region has a robust aviation sector with a mix of legacy carriers and low-cost airlines. European airlines prioritize passenger comfort and amenities, contributing to the widespread adoption of in-seat power systems. The increasing focus on long-haul flights and intercontinental travel further boosts the demand for these systems.
The Asia-Pacific region is witnessing substantial growth in the Commercial Aircraft In-Seat Power System market. As the middle-class population expands and air travel increases, airlines in the region are enhancing passenger services. The demand for in-seat power systems is particularly driven by the booming aviation sector in countries like China and India. Asia-Pacific is becoming a pivotal market for in-seat power systems, fueled by the region's growing air travel trends and the commitment to improve the overall passenger experience.
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Categories Business
Tags aerospacetechnology , aviationindustry , inseatpower , inflightconnectivity , aircraftinteriors
Last Updated December 6, 2023