The Aircraft Cabin Interior Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Aircraft Cabin Interior Global Market Report 2024, The aircraft cabin interior market size has grown strongly in recent years. It will grow from $23.39 billion in 2023 to $25.71 billion in 2024 at a compound annual growth rate (CAGR) of 9.9%. The growth in the historic period can be attributed to air travel growth, regulatory standards, aircraft upgrades and retrofits, passenger comfort and experience, in-flight entertainment evolution..
The aircraft cabin interior market size is expected to see strong growth in the next few years. It will grow to $37.36 billion in 2028 at a compound annual growth rate (CAGR) of 9.8%. The growth in the forecast period can be attributed to passenger experience enhancement, personalization and customization, space optimization, health and safety considerations, cost-efficiency and lightweight materials.. Major trends in the forecast period include cultural and regional preferences, adoption of lightweight materials, premium cabin offerings, biophilic design elements, aesthetic design innovations..
An increase in demand for new aircraft is driving the growth of the aircraft cabin interior market. There is an increase in the demand for aircraft due to the increase in air passenger traffic and cargo volumes. Commercial airline operators across the globe are expanding their aircraft fleets to meet this increasing demand. Aircraft cabin interiors are used to make the flight experience comfortable and worthy enough. For instance, according to the International Civil Aviation Organization, a Canada-based specialized agency of the United Nations, demand for air transport will increase by an average of 4.3% per annum by 2040. Moreover, according to Airbus, a Netherlands-based aerospace company, demand for passenger traffic will grow annually by 3.6% over the next 20 years. Hence, an increase in demand for new aircraft will propel the aircraft cabin interior market.
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The aircraft cabin interior market covered in this report is segmented –
1) By Type: Aircraft Seating, In-Flight Entertainment And Connectivity, Aircraft Cabin Lighting, Aircraft Galley, Aircraft Lavatory, Aircraft Windows And Windshields, Aircraft Stowage Bins, Aircraft Interior Panels
2) By Class: First Class, Business Class, Economy And Premium Economy Class
3) By Aircraft Type: Narrow Body Aircraft, Wide Body Aircraft, Business Jets, Regional Transport Aircraft
4) By Material: Alloys, Composites, Other Materials
5) By End User: OEM, Aftermarket
Technology innovation is a key trend gaining popularity in the aircraft cabin interior market. Major players operating in the market are developing innovative cabin interiors using sustainable and eco-friendly materials. Using sustainable and eco-friendly materials will lead to a clean and green environment in aircraft. For instance, in September 2021, AJW Group, a UK-based independent parts, repair, and supply chain solutions provider, partnered with Autostop Aviation to develop AJW Technique Interiors. The AJW Technique Interiors branch manufactures synthetic leather, seat covers, life vest pouches, carpet kits, and others. The seat covers used are eco-friendly and lightweight, with easy-to-clean technology. It will help airlines worldwide save money and operate more efficiently. With 1mm quality tolerances, volume pricing, and embedded Six Sigma principles—practiced as normal in the automotive industry—the new cooperation provides airlines with lean seat cover production. Autostop Aviation is a Serbia-based company that designs and manufactures aircraft seats.
The aircraft cabin interior market report table of contents includes:
- Executive Summary
- Aircraft Cabin Interior Market Characteristics
- Aircraft Cabin Interior Market Trends And Strategies
- Aircraft Cabin Interior Market – Macro Economic Scenario
- Global Aircraft Cabin Interior Market Size and Growth
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- Global Aircraft Cabin Interior Market Competitive Benchmarking
- Global Aircraft Cabin Interior Market Competitive Dashboard
- Key Mergers And Acquisitions In The Aircraft Cabin Interior Market
- Aircraft Cabin Interior Market Future Outlook and Potential Analysis
- Appendix
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