Global Aircraft Seat Actuation System Market is Estimated to Reach $1.3 Billion by 2025, Says Accurize Market Research


Posted August 26, 2019 by prajratna226

Aircraft Seat Actuation System Market size is projected to be valued $XX Billion by 2025; with a CAGR of XX% from 2017 to 2025. In an aircraft, actuators convert electrical signals into mechanical movements
 
Global aircraft seat actuation system market report published by Accurize Market Research forecast that the global market is expected to reach $1.3 billion by 2025; growing at a CAGR of 7.8% from 2017 to 2025. By geography, the Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.

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Growing demand for aircraft generally in developing countries and the attention of customers on comfort with advanced features across the globe to drive the growth of the market
Growing demand for aircraft generally in developing countries and the attention of customers on comfort with advanced features fuels the demand for the global aircraft seat actuation system market. Moreover, high investment in R&D to develop innovative technologies also boosts the growth of the market.

market segmentation

The global aircraft seat actuation system market has been bifurcated on the basis of type, aircraft type, component, end user, seat class and geography. By type, the market is segmented into electro-mechanical, hydraulic, and pneumatic. The seat class segment is separated into business class, economy class, premium economy class, and first-class. The aircraft type is further divided into narrow-body aircraft, wide-body aircraft, very large aircraft, regional transport aircraft, and business jets. Based on components, the aircraft seat actuation system market is segmented into hardware and software. The end-user segment is divided into OEM and aftermarket.

By geography, the market is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW). The U.S. and Canada are countries under North America wherein Europe covers U.K, Germany, France, and others. Asia-Pacific covers China, India, Japan, and the rest of Asia-Pacific. RoW covers South America, the Middle East, and Africa.

“Europe is estimated to dominate the global aircraft seat actuation system market during the forecast period”, says accurize

Europe is estimated to lead the global aircraft seat actuation system market in 2017. Major commercial aircraft seat manufacturers such as Zodiac Aerospace and Stelia Aerospace are based in Europe and therefore generate a huge demand for aircraft seat actuation system products. Hence, Europe is projected to continue to dominate the market during the forecast period.

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Top players in the market

The key market players include BühlerMotor, Zodiac Aerospace, ITT, Dornier Technologie, Airworks, AlmecEas, Crane Aerospace, Mesag, Nook Industries, Rollon and Astronicsamong others.
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Last Updated August 26, 2019