Dublin, Nov. 27, 2014 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/w228w8/commercial) has announced the addition of the "Commercial Aviation Aircraft Seating Market by Aircraft Type, seat, & by Geography - Forecasts & Analysis to 2014 - 2019" report to their offering.
The recovery of the aviation sector from 2007 to 2008 from the global economic crisis has helped the commercial aircraft manufacturers garner new orders. A majority of the orders are from emerging regional economies such as Asia-Pacific. The manufacturers are increasing their aircraft production capacity along with innovative aircraft aimed at fuel efficiency. The industry is witnessing new entrants from emerging economies in the narrow body segment. These in turn act as a boon for aircraft component manufacturers. Coupled with an increase in orders for the existing models, new models are expected to enter the market. The aircraft seating industry is expected to grow at a CAGR of 5.71% from 2014 to 2019.
The airlines are currently trying to tackle a major challenge - the rising fuel prices. This has forced the airlines to enhance the passenger carrying capacity in their seating configurations. There has been immense research and development in areas of slimmer and lighter seats.
The global commercial aviation aircraft seating market is currently valued at $5,991 million. The market is expected to grow in tandem with growth in the aviation sector. Existing delivery backlogs, the rising demand of aircraft in the fast growing regional economies, new aircraft models, and emerging aircraft manufacturers are the key drivers for the commercial aircraft seats manufacturing industry.
The economic crisis has forced airlines to postpone their retrofit programs as well as delay the delivery of new aircraft. The retrofit market is expected to grow as a large number of retrofit programs had been postponed due to financial reasons and will now be launched. The recovery in the global economy has helped commercial aircraft manufacturers with new orders. Major aircraft orders are from developing economies such as Brazil, Russia, India, and China. With respect to the number of aircraft orders, the Middle East and Asia-Pacific are ahead when compared to Europe and North America.
Globally, there is a huge demand in the aircraft cabin seats interior market to reduce the aircraft weight and to provide the passenger more space for their luggage. A number of innovation programs are in progress to develop lightweight cabin interiors and seats to increase the overall efficiency of the aircraft.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Commercial Aviation Aircraft Seating Market, By Seat Type & Aircraft Type
8 Geographical Analysis
9 Retrofit Aircraft Seating Market forecast
10 Retrofit Aircraft Seating Geographical Analysis
11 Competitive Landscape
12 Company Profile
- ACRO Aircraft Seating Ltd
- B/E Aerospace, Inc.
- Recaro Aircraft Seating GMBH & Co.Kg
- Thompson Aero Seating Ltd
- Timcoaerosystems, Inc.
- Zodiac Aerospaces.A
For more information visit http://www.researchandmarkets.com/research/w228w8/commercial
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Source:Research and Markets