20 December, 2021

Global Aircraft Seat Actuation System Market is projected to Exhibit a CAGR of 9.4% Over the Upcoming Years

The latest market report published by our Research Team “Global Aircraft Seat Actuation System Market: Growth, Future Prospects, COVID-19 Impact Analysis, Drivers, Restraints, Trends, Opportunities, Investment Landscape, and Competitive Analysis, 2017 - 2028

Global Aircraft Seat Actuation System Market: Overview

The global aircraft seat actuation system market was valued at US$ 501.7 Million in 2020 and is estimated to grow at a CAGR of 9.4% during the forecast period. The global aircraft seat actuation system market is anticipated to witness substantial growth in the years to come due to the growing demand for premium economy seats along with the rising number of air passenger traffic worldwide. As per a recent report published in 2019, by World Air Transport Statistics, in 2018, that there is around 7 percent increase in international passenger traffic and 6.8% increase in domestic passenger travel as compared to 2017. Moreover, the growing urban air mobility platform along with the growing low-cost airlines are some of the key opportunities for the global aircraft seat actuation system market over the upcoming years. Besides, the regulations to install 16G seats in all aircraft long with regulatory frameworks are some of the key factors estimated to hamper the global aircraft seat actuation system market growth in the years to come.

Global Aircraft Seat Actuation System Market: COVID-19 Impact

The impact of COVID-19 has been considered in the global aircraft seat actuation system market report published by Our Research Team. According to Our Research Team COVID-19 analysis on the global aircraft seat actuation system market, the demand for aircraft seat actuation system has decreased due to halt in the manufacturing industry worldwide along with the decreased travelling during the COVID-19 period.

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Global Aircraft Seat Actuation System Market: Report Highlights

  • Based on the seat class, the first class and economy class categories are estimated to witness the fastest growth during the forecast period in the aircraft seat actuation system market. This is ascribed to growing consumer income along with the increased consumer prefrence towards air travel.
  • The linear category dominated the global market in 2020 and presumed to continue its dominance over the upcoming years due to its advantages such as enhanced reclined axes, outbound flap control, along with comfort features including leg rest and footrest. Besides, the rotary category is expected to witness fastest CAGR over the upcoming years. This is mainly due to the capabilities of rotary such as 360-degree rotation capabilities, reduced noise features, and its smooth operation.
  • Based on the regional analysis, North America dominated the market in 2020 and is projected to grow at the highest rate during the forecast period. This is majorly due to the develeoped aviation industry coupled with the adoption of advanced technologies in the aircraft systems in the region. The U.S. accounted for the highest share in the global aircraft seat actuation system market in 2020 and is presumed to continue its dominance over the forecast period.
  • Mergers & acquisitions, new product launches, strategic partnerships, and collaborations among key players are estimated to be the key strategies in the global aircraft seat actuation system market.
  • As per the research by Our Research Team, the global aircraft seat actuation system market is highly fragmented in nature owing to the presence of a large number of players at the global, regional, and country-level.

 List of Key Players of Global Aircraft Seat Actuation System Market

  • Zodiac Aerospace
  • ITT Inc.
  • Buhler Motor
  • Astronics Corporation
  • Rollon S.p.A
  • Almec EAS Ltd
  • Airworks
  • Nook Industries Inc.
  • Dornier Technologie Systems
  • Kyntronics
  • Moog Inc.
  • Safran S.A.
  • Collins Aerospace
  • Shandong Jinglu Industrial Control System Co.,Ltd.
  • B/E Aerospace Inc.
  • Others

Global Aircraft Seat Actuation System Market: Segmentation

Our Research Team has segmented the global aircraft seat actuation system market on the basis of type, mechanism, seat class, product sales, component, aircraft type and regional analysis-

Global Aircraft Seat Actuation System Market: By Type

  • Hydraulic
  • Electro-magnetic
  • Pneumatic

Global Aircraft Seat Actuation System Market: By Mechanism

  • Rotary
  • Linear

Global Aircraft Seat Actuation System Market: By Seat Class

  • First Class
  • Business Class
  • Premium Economy Class
  • Economy Class

Global Aircraft Seat Actuation System Market: By Product Sales

  • Original Equipment Manufacturer (OEMs)
  • Aftermarket

Global Aircraft Seat Actuation System Market: By Component

  • Hardware
  • Software

Global Aircraft Seat Actuation System Market: By Aircraft Type

  • Fixed Wing
  • Rotary Wing

Global Aircraft Seat Actuation System Market: By Regional Analysis

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Latin America (LATAM)
    • Brazil
    • Mexico
    • Rest of Latin America (LATAM)
  • Middle East & Africa (MEA)
    • United Arab Emirates (UAE)
    • Saudi Arabia
    • Rest of Middle East & Africa (MEA)