Global Aircraft Seating Market

Aircraft Seating Market Size, Share, Growth Analysis, By Platform(Narrow-Body Aircraft, Wide-Body Aircraft, Business Jet, Regional Transport Aircraft), By Seat Material(Cushion Materials [Polyurethane, Polyethylene, Neoprene, Others]), By Seat Type(Passenger Seats [First Class (First Class Seat Components {Structures, Foams, Actuators, Electrical Fittings), By Standard(16G, 21G), By End User(OEM, MRO, Aftermarket), By Region - Industry Forecast 2024-2031


Report ID: SQMIG20A2216 | Region: Global | Published Date: October, 2024
Pages: 157 | Tables: 65 | Figures: 75

Aircraft Seating Market Insights

Global Aircraft Seating Market size was valued at USD 7.30 billion in 2022 and is poised to grow from USD 7.78 billion in 2023 to USD 12.98 billion by 2031, growing at a CAGR of 6.60% during the forecast period (2024-2031).

Aircraft seats are generally designed in rows so that it ensures the safety and comfort of the passengers who travel without any problem. An aircraft seat is composed of a structure, foam, actuators and electrical fittings. Aircraft seating is a big part of aircraft interiors or aircraft weight. Modern generation aircraft seats are manufactured using light weight design and lightweight non-metallic materials to save fuel costs and make the aircraft sustainable. 

Aircraft seating is a key part of the aviation industry, enabling comfort for passengers and an overall better flying experience. The growth of international traffic is one of the key driving factors for this market, as it necessitates the use of advanced and comfortable seating arrangements provided inside these aircraft. This points out lacks in safety regulations that should be extremely strict to require complying with, otherwise the reliability and structure of seating systems could not be trust able. Multi-use customization trends are on the rise to support a variety of passenger preferences, whether they be for private travel or for premium buoyed experiences. Development is high-cost and resource-intensive, as well as geopolitics define environmental conditions that restraining factors for aircraft seating market. This market is intense as the major players are regularly entering new developments in order to master share of the turf. This had an influence on frequent partnerships as well as mergers and acquisitions to emerge in the market and expand. 

US Aircraft Seating Market is poised to grow at a sustainable CAGR for the next forecast year.

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Global Aircraft Seating Market size was valued at USD 7.30 billion in 2022 and is poised to grow from USD 7.78 billion in 2023 to USD 12.98 billion by 2031, growing at a CAGR of 6.60% during the forecast period (2024-2031).

Few of the manufacturers are dominating the market including Collins Aerospace, Geven S.p.a., RECARO Aircraft Seating GmbH & Co. KG and Safran among others. Key strategies applied by the market players are increasing product portfolios, cordial relations with aircraft manufacturers and airline operators, and higher expenditure on advanced technologies in R&D facilities for new innovations and enhancements activities of an aircraft seat. These strategies are helping the major corporations to extend their market share and improve their presence. Additionally, companies are improving their business by adopting methodologies like premiumization in M&A, joint agreements, competency expansion, infrastructure and engineering. They are also increasing their focus towards expanding distribution networks globally, leading to the growth of the aircraft seating industry.  'Safran (France) ', 'Raytheon Technologies (US) ', 'Recaro Aircraft Seating GMBH & Co. Kg (Germany) ', 'Zim Aircraft Seating GMBH (Germany) ', 'Stelia Aerospace (France) ', 'Jamco Corporation (Japan) ', 'ST Engineering (Singapore) ', 'Acro Aircraft Seating (UK) ', 'Expliseat (France) ', 'Adient Aerospace LLC (US) ', 'Mirus Aircraft Seating (UK) ', 'Martin-Baker Aircraft Co. Ltd (UK) ', 'Geven SPA (Italy) ', 'Ipeco Holdings Ltd (UK) ', 'Unum (US) ', 'Aviointeriors S.P.A. (Italy) ', 'Thompson Aero (UK) ', 'Iacobucci HF Aerospace (Italy) ', 'Optimares SPA (Italy) ', 'Airgo Design (US) ', 'Jhas SPA (Italy) ', 'Mobius Protection Systems Ltd. (UK) ', 'Alicebluaero (US) ', 'Timetooth Technologies (US) ', 'Molon Labe Seating (US)'

Rising air traffic around the world is a major factor driving the demand for aircraft seating. Orderbook demand continues to grow from global airline operators seeking greater efficiency and siting comfort per passenger in new generation aircraft over previous generations. Global air passenger traffic itself is forecasted to double by 2037 – reaching 8.2 billion people per annum according to the International Air Transport Association (IATA). This surge in air travel demand requires additional aircraft and, correspondingly, more seated capacity.  

Adoption of Sustainable and Lightweight Materials: Manufacturers are focusing on lightweight, high-strength and more eco-friendly materials such as carbon fiber, composites and sustainable fabrics to maximize passenger space, reduce weight of aircraft and improve fuel efficiency. This trend aligns with the aviation sector focus on sustainability and lesser environmental footprint.  

In 2023 North America accounted for the largest aircraft seating market share globally. With an established air travel infrastructure, along with high volume of domestic and international flights in the region leads to demand for growing number of new and retrofit passenger seats. Additionally, many of the larger regional airlines are embarking on fleet renewal programs that also involve adopting new seats in line with newer industry requirements for improved safety and comfort. The U.S. aircraft seating market is expected to be a major contributor since the country one of largest and mature aviation market within the global landscape supported through high level of air travel, allowing the need for frequent upgrade on overall aircraft seating. 

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Global Aircraft Seating Market

Report ID: SQMIG20A2216

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