Aircraft Seating Market Size and Growth Analysis: 4.8% CAGR to 2029


Posted May 21, 2024 by sandeep_roy

The Aircraft seating market is estimated to be USD 8.9 billion in 2024 and is projected to reach USD 11.2 billion by 2029, at a CAGR of 4.8% from 2024 to 2029.

 
The Global Aircraft Seating Market is poised for substantial growth, projected to reach USD 11.2 billion by 2029, with a CAGR of 4.8% from 2024 to 2029. This surge is propelled by advancements in material science and ergonomic design, driving innovations like lightweight composites, enhanced passenger comfort technologies, and modular seating solutions. Integration of smart technologies for personalized experiences and improved maintenance capabilities further accelerates this growth.

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Segment Insights:

End-User Segment - OEM Growth:

The OEM segment is anticipated to grow at the highest CAGR during the forecast period, driven by technological innovations in material engineering, ergonomic design, and digital integration.

Adoption of advanced lightweight materials and enhanced ergonomic features aims to improve passenger comfort and increase fuel efficiency.

Integration of IoT and smart technologies facilitates personalized in-flight experiences and optimizes maintenance and lifecycle management.

Platform Segment - UAM Growth:

The Urban Air Mobility (UAM) segment is experiencing dynamic growth with specialized technological innovations tailored for VTOL aircraft requirements.

Utilization of ultra-lightweight materials, modular seating designs, and advanced safety features are key developments driving growth in this segment.

Scalable seat manufacturing aligns with diverse fleet sizes anticipated in UAM operations, emphasizing adaptability and space efficiency.

Seat Type Segment - Pilot & Crew Growth:

The Pilot and Crew segment is projected to grow at the highest rate during the forecast period, driven by critical technological enhancements focused on operational efficiency and ergonomic support.

Adaptive seating systems, advanced materials, and integration of electronic positioning systems are key innovations enhancing comfort and reducing fatigue.

Incorporation of health-monitoring sensors aids in proactive health management in cockpit environments.

Regional Insights:

Europe - Leading Growth:

Europe holds the highest growth rate in the region for the aircraft seating market, driven by stringent regulatory standards and a strong emphasis on sustainable innovations.

Technological advancements focus on eco-efficient materials, advanced manufacturing technologies, and passenger health and safety.

Commitment to sustainability and passenger well-being distinctly influences technological contributions to the aircraft seating market in this region.

Key Market Players:

Key players in the aircraft seating market include Raytheon Technologies Corporation, Safran, RECARO Aircraft Seating GmbH & Co. KG, ZIM Aircraft Seating GmbH, Stelia Aerospace, Jamco Corporation, ST Engineering, Acro Aircraft Seating, Expliseat, Adient Aerospace LLC, Mirus Aircraft Seating, Martin Baker Aircraft Co. Ltd, Geven S.P.A., Ipeco Holdings Ltd, and UNUM. These players are driving innovation and competitiveness in the market through technological advancements and strategic collaborations.

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Issued By marketsandmarkets
Country United States
Categories Aerospace , Business , Research
Tags aircraft seating market , aircraft cabin interior , passenger seating solutions , commercial aircraft seats
Last Updated May 21, 2024