Aircraft Cabin Interior Market Size, Share, Growth Analysis, By Platform(Narrow Body Aircraft, Wide Body Aircraft, Business Jets, and Regional Transport Aircraft), By End-user(Original Equipment Manufacturer (OEM), Aftermarket, MRO), By Type(Aircraft Seating [Business Class, Economy Class, Economy Class, Premium Economy Class), By By material(Alloys [Aluminum Alloys, Steel Alloys, Other Alloys], Composite [Carbon), By Region - Industry Forecast 2024-2031

North America has the greatest revenue share of 45 percent in the entire market for aircraft cabin interiors across the world. Due to rising air traffic and commercial jet sales across the region, North America is anticipated to maintain its dominance during the forecast period. The market for aircraft cabin interiors in the United States is expected to reach $8.7 billion by 2020. In the worldwide market, the country now holds a 27.03 percent stake. Japan and Canada are two additional significant geographic markets, with expected growth rates of 3.9 percent and 6.4 percent, respectively, from 2023 to 2029. The United States is the world's top aircraft manufacturer, thanks to a competent and educated workforce, well-developed distribution infrastructure, and advantageous countrywide regulations. The country's presence of major aircraft cabin interior market players and aircraft manufacturers is expected to fuel markets growth. Within Europe, Germany is expected to grow at a 4.6 percent compound annual growth rate CAGR, while the rest of the European market is expected to reach US$11.6 billion by 2029. 

 Due to the presence of growing countries like India, China, and others, increased adoption of advanced technologies, and favorable GDP growth, Asia-Pacific is expected to be the second biggest share contributor globally in the aircraft cabin interior market and have highest CAGR. China, the world's second-biggest economy, is expected to reach a market size of US$11.6 billion in 2029, representing an 11 percent annual growth rate. According to the International Air Transport Association (IATA), China is expected to overtake the United States as the world's largest aviation market by 2024, and India is expected to overtake the United Kingdom for the third position by 2029. To meet this demand, the region and its governments are buying planes. As of January 2020, Asia-Pacific accounted for 32% of Airbus' total orders globally, with over 3,400 aircraft in service with over 100 airlines and approximately 2,400 aircraft in the region.