Aircraft Cabin Interior Market to be $12,852.96 million in 2014. Growing number of air travelers and increasing number of aircraft orders will be the driving factor for the commercial aircraft cabin interior market.
The passenger seat market is estimated as the largest revenue generating sector for the commercial aircraft cabin interior market.
The introduction of new aircraft programs, with a corresponding increase in demand for cabin customization, is likely to have a positive impact on the commercial aircraft cabin interior market.
Despite the economic slow down in the U.S. and Europe, major players in the commercial aircraft cabin interior market are from the U.S. and Europe. Europe has mainly been affected by the global financial crisis, due to which the European manufacturing sector has been strongly affected. This region, is however, expected to reach $17194.9 million by 2019.
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The commercial aircraft cabin interior market is estimated to grow at a CAGR of 5.99% for the forecast period 2014 to 2019.
The cabin interior market is segmented on the basis of product, fit, and aircraft type, across all regions such as North America, Europe, the Middle East, Latin America and Rest of the World.
In the future, new aircraft in different segments are expected to be introduced in the market. In the Wide Body Aircraft segment, new aircraft models such as Boeing’s B747-8, B777-8X, and B777-9X will be introduced. Airbus is expected to introduce A320neo, which will replace the A320F existing model of aircraft.
According to Shreeja Bakare, research associate, Aerospace and Defense business unit at MarketsandMarkets, the commercial aircraft cabin interior market 2014 to 2019 offers the reader detailed analysis of the commercial aircraft cabin interior market over the next five years, alongside potential market opportunities to enter the industry, using detailed market size forecasts.
This research study categorizes the aircraft cabin interior market based on aircraft type, fit, product, and geography.
On the basis of aircraft type:
- Narrow Body Aircraft
- Wide Body Aircraft
- Very Large Aircraft
- Business General Aviation
On the basis of fit:
On the basis of product:
On the basis of geography:
- North America
- The Middle East
- Latin America
- Rest of the world
The commercial aircraft cabin interior market is segmented by product, by fit, by aircraft, and by geography.
By aircraft, the cabin market is categorized in to Narrow Body, Wide Body, Very Large Aircraft, and Business General Aviation.
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By product, the cabin interior market includes passenger seats, cabin lights, IFECs (In Flight Entertainment and Communication), windows and windshields, galleys, monuments, and lavatories. The market for passenger seats is expected to grow at a CAGR of 5.71% while the IFEC market is expected to grow at a CAGR of 6.67% during the forecast period 2014 to 2019
Globally, air traffic is increasing; hence, passenger comfort occupies the highest priority for airlines. Due to this, aircraft manufacturers are focused on customization of cabin interiors to provide passenger comfort. Most commercial aircraft cabin interior competitors are from the U.S. and Europe, who are generating new technology trends and market trends for this particular industry.
In the geographic analysis, it estimated that Asia-Pacific, the Middle East, and Latin America are the fastest growing regions in the commercial aircraft cabin interior market.
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