Aircraft Seat Actuation System Trends and Forecast
The future of the global aircraft seat actuation system market looks promising with opportunities in the OEM and aftermarket. The global aircraft seat actuation system market is expected to reach an estimated $836.0 million by 2030 with a CAGR of 8.4% from 2024 to 2030. The major drivers for this market are increasing demand for seats equipped with in-flight entertainment and connectivity systems, growing number of premium economy seats, and technological advances in the field of aircraft seat actuation systems, as well as, continuous technological advancements in seating systems.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Aircraft Seat Actuation System by Segment
The study includes a forecast for the global aircraft seat actuation system by seat class, type, component, end use, and region.
Aircraft Seat Actuation System Market by Seat Class [Shipment Analysis by Value from 2018 to 2030]:
• Business Class
• First Class
• Premium Economy Class
• Economy Class
Aircraft Seat Actuation System Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Electromechanical
• Pneumatic
• Hydraulic
Aircraft Seat Actuation System Market by Component [Shipment Analysis by Value from 2018 to 2030]:
• Actuator
• Motor
• In-Seat Power Supply
• Passenger Control Unit
• Electronic Control Unit
• Others
Aircraft Seat Actuation System Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• OEM
• Aftermarket
Aircraft Seat Actuation System Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Aircraft Seat Actuation System Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies aircraft seat actuation system companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the aircraft seat actuation system companies profiled in this report include-
• Astronics
• ITT
• Crane
• Collins Aerospace
• Bühler Motor
• MEGGITT
• SAFRAN ELECTRONICS & DEFENSE
• BAE SYSTEMS
• MOOG
• KID-SYSTEME
Aircraft Seat Actuation System Market Insights
Lucintel forecasts that first class will remain the largest segment over the forecast period due to increased orders for business class aircraft and growing need for improved customer service.
Within this market, OEM is expected to witness the higher growth due to the rising demand for aircraft with customized configurations and accessories.
North America will remain the largest region over the forecast period due to the rapid expansion of the technologically advanced seating system in the region.
Features of the Global Aircraft Seat Actuation System Market
Market Size Estimates: Aircraft seat actuation system market size estimation in terms of value ($M).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Aircraft seat actuation system market size by seat class, type, component, end use, and region in terms of value ($M).
Regional Analysis: Aircraft seat actuation system market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different seat class, type, component, end use, and regions for the aircraft seat actuation system market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the aircraft seat actuation system market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the aircraft seat actuation system market size?
Answer: The global aircraft seat actuation system market is expected to reach an estimated $836.0 million by 2030.
Q2. What is the growth forecast for aircraft seat actuation system market?
Answer: The global aircraft seat actuation system market is expected to grow with a CAGR of 8.4% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the aircraft seat actuation system market?
Answer: The major drivers for this market are increasing demand for seats equipped with in-flight entertainment and connectivity systems, growing number of premium economy seats, and technological advances in the field of aircraft seat actuation systems, as well as, continuous technological advancements in seating systems.
Q4. What are the major segments for aircraft seat actuation system market?
Answer: The future of the global aircraft seat actuation system market looks promising with opportunities in the OEM and aftermarket.
Q5. Who are the key aircraft seat actuation system market companies?
Answer: Some of the key aircraft seat actuation system companies are as follows:
• Astronics
• ITT
• Crane
• Collins Aerospace
• Bühler Motor
• MEGGITT
• SAFRAN ELECTRONICS & DEFENSE
• BAE SYSTEMS
• MOOG
• KID-SYSTEME
Q6. Which aircraft seat actuation system market segment will be the largest in future?
Answer: Lucintel forecasts that first class will remain the largest segment over the forecast period due to increased orders for business class aircraft and growing need for improved customer service.
Q7. In aircraft seat actuation system market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to the rapid expansion of the technologically advanced seating system in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the aircraft seat actuation system market by seat class (business class, first class, premium economy class, and economy class), type (electromechanical, pneumatic, and hydraulic), component (actuator, motor, in-seat power supply, passenger control unit, electronic control unit, and others), end use (OEM and aftermarket), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Aircraft Seat Actuation System Market, Aircraft Seat Actuation System Market Size, Aircraft Seat Actuation System Market Growth, Aircraft Seat Actuation System Market Analysis, Aircraft Seat Actuation System Market Report, Aircraft Seat Actuation System Market Share, Aircraft Seat Actuation System Market Trends, Aircraft Seat Actuation System Market Forecast, Aircraft Seat Actuation System Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.