Global Aircraft Seat Actuation Systems Market, By Type (Electromechanical, Pneumatic, Hydraulic), Component (Actuator, Motor, In-Seat Power Supply, Passenger Control Unit, Electronic Control Unit, Others), Aircraft Type (Fixed Wing, Rotary Wing), Seat Class (Business Class, First Class, Premium Economy Class, Economy Class), End User (OEM, Aftermarket), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Aircraft Seat Actuation Systems Market
The aircraft seat actuation systems market is expected to witness market growth at a rate of 14.10% in the forecast period of 2021 to 2028 and is expected to reach USD 736.55 million by 2028. Data Bridge Market Research report on aircraft seat actuation systems market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in demand for premium economy seats is escalating the growth of aircraft seat actuation systems market.
Actuators assist in converting electrical signals to mechanical movement and control wide range of applications in aircraft. The seat system actuator is utilized for the purpose of providing more comfort to passenger by allowing them to adjust their seat in accordance with their comfort. Aircraft seat actuation systems offer comfortable seating for the passengers in commercial and private aircrafts. The system enables the passenger in adjusting their seating position.
The rise in demand for aircraft especially in developing regions such as India, China, South Korea acts as one of the major factors driving the growth of aircraft seat actuation systems market. The rise in the investment for research and development activities in order to develop new technologies for ensuring improved features and performance and increasing demand for seats installed with IFEC systems accelerate the aircraft seat actuation systems market growth. The growing need for maintenance and retrofitting of existing aircraft and continuous technological advancements in aircraft seat actuation systems further influence the aircraft seat actuation systems market. Additionally, increase in number of premium economy seats, change in lifestyle, growth in awareness about ergonomic seat design and rise in disposable income positively affect the aircraft seat actuation systems market. Furthermore, growth of urban air mobility platform and rise of low-cost airlines extend profitable opportunities to the aircraft seat actuation systems market players in the forecast period of 2021 to 2028.
On the other hand, high cost associated with the systems and presence of regulatory frameworks and certifications are the factors expected to obstruct the aircraft seat actuation systems market growth. Issues with the design and integration of passenger control unit and delay in aircraft deliveries are projected to challenge the aircraft seat actuation systems market in the forecast period of 2021-2028.
This aircraft seat actuation systems market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on aircraft seat actuation systems market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Aircraft Seat Actuation Systems Market Scope and Market Size
The aircraft seat actuation systems market is segmented on the basis of type, component, aircraft type, seat class and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the aircraft seat actuation systems market is segmented into electromechanical, pneumatic and hydraulic.
- On the basis of component, the aircraft seat actuation systems market is segmented into actuator, motor, in-seat power supply, passenger control unit, electronic control unit and others.
- On the basis of aircraft type, the aircraft seat actuation systems market is segmented into fixed wing and rotary wing.
- On the basis of seat class, the aircraft seat actuation systems market is segmented into business class, first class, premium economy class and economy class.
- On the basis of end user, the aircraft seat actuation systems market is segmented into OEM and aftermarket.
Global Aircraft Seat Actuation Systems Market Country Level Analysis
The aircraft seat actuation systems market is analyzed and market size, volume information is provided by country, type, component, aircraft type, seat class and end user as referenced above.
The countries covered in the globally aircraft seat actuation systems market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Europe dominates the aircraft seat actuation systems market because of the presence of key aircraft and seat actuator system manufacturers. Asia-Pacific and Latin America are expected to witness significant growth during the forecast period of 2021 to 2028 because of the rise in income levels among all economic groups and increase in demand for air travel in countries such as China, India, South Korea and Brazil.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Aircraft Seat Actuation Systems Market Share Analysis
The aircraft seat actuation systems market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to aircraft seat actuation systems market.
The major players covered in the aircraft seat actuation systems market report are Astronics Corporation, ITT INC., Crane Co., Collins Aerospace, Bühler Motor GmbH, Meggitt PLC, Safran, BAE Systems, Moog Inc., KID-Systeme GmbH, Lee Air, Inc., maxon, Kyntronics, Elektro-Metall Export, GGI Solutions, Portescap, Precipart, QuEST Global Services Pte. Ltd., Imagik International Corp, Mid-Continent Instrument Co., Inc., Mesag System AG, Kyntec Corporation, Rollon S.p.A., TestWorks Group Ltd, NOOK Industries, INC., InFlight Peripherals Ltd. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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