Aircraft Seat Actuation Systems Market worth 282.69 Million USD by 2020


Posted September 1, 2016 by Rajesh

The seat actuation systems market is classified into four major segments, namely, seat type, actuator type, mechanism type and fit.

 
The global aircraft seat actuation systems market is projected to reach USD 282.69 Million by the end of 2020, at CAGR of 9.64% between 2015 and 2020. This report provides qualitative and quantitative information about the seat actuation systems market. It identifies the market application gaps, emerging technologies, the need for new product launches, and high potential geographic regions and countries. It also provides a segmentation of the market, tracking the market size, market share, revenue projections, and financial portfolio, covering a broad spectrum of the different types of seat actuation systems.

Increase in demand for lightweight seat designs, rising aircraft orders and premium passenger travel are some of the key factors that are fueling the growth of this market. Rise in low cost carriers and high cost of ownership are some of the factors hampering the growth of the seat actuation systems market. The purpose of the seat actuation systems market report is to identify various types and technologies involved, and the major drivers & restraints of the market. The key players of the seat actuation systems market are covered in the report.

Increase in global air traffic and technological up-gradations provide opportunities for the players in this market. Replacement and repair and regulatory framework pose a challenge for growth of the market.

Emerging markets include nations such as China and India which have become attractive for companies in the development of seat actuation systems. In 2014, Crane Aerospace & Electronics, Inc. held the dominant position in the global market. It has maintained this position by adopting strategies such as acquisitions and strategic contracts over the period of last three years. Other key players include Zodiac Aerospace S.A., ITT Corporation, Buhler Motor GmbH and PGA Electronics S.A. which held a noticeable market share.
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Mr. Rohan
Website Aircraft Seat Actuation Systems Market worth 282.69 Million USD by 2020
Phone 1-888-600-6441
Business Address Markets and Markets ,UNIT no 802, Tower no. 7, SEZ Magarpatta city, Hadapsar,Pune, Maharashtra 411013, India
Country India
Categories Technology
Tags aircraft seat actuation systems market
Last Updated September 1, 2016