Aircraft Seating Market Overview: Driving Forces Behind Rapid Growth & Expansion

How Big is the Aircraft Seating Market?

The Global Aircraft Seating Market size is valued at USD 7.62 billion in 2023 & is estimated to grow at a CAGR of around 7.14% during the forecast period, i.e., 2024-30. The factors that are positively influencing the market growth are the rising travel activities via commercial aircraft, the increasing production of airplanes, and the growing popularity of urban mobility.

In recent years, there has been a surge in tourism across the Globe due to the rising net disposable income of individuals. Based on the statistics by the World Tourism Organization (WTO), in 2023, international tourism receipts reached approximately USD1.4 trillion and an estimated 1.3 billion international arrivals were recorded across the globe. The majority of the population preferred to travel to abroad locations by plane since they are more convenient and reach the destination in a shorter time compared to the other means of transportation. According to the Airport Council International (ACI), in 2023, the global air passenger volume reached approximately 8.6 billion, which is about 94% of the pre-pandemic levels. This increase in air travel is necessitating the flight operating companies to add new fleets, resulting in the higher demand for the 9G, 16G, and 21G seats and uplifting the Global Aircraft Seating Market.

Market Statistics

Market Size in 2023: USD 7.62 billion
Market Growth Rate (CAGR): 7.14% from 2024-2030

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Aircraft Seating Market Insight:

Driver-

Increasing Aircraft Production to Support Market Growth – The majority of the airlines have aged aircraft due to the longer aircraft delivery period and lack of substantial funds. Based on the research it is found that the average of the popular airline, like Allegiant Air and Delta Air Lines, is 19.8 years and 17 years respectively. These aging aircraft are less fuel efficient and require frequent maintenance to ensure smooth functioning. Therefore, these airlines are increasingly purchasing new commercial planes. For instance, in 2024, Indigo, a leading aviation company, announced to add approximately 500 new planes during 2024-2030. Thus, to cater to the growing demand arising from the flight operating companies, the aircraft manufacturers are ramping up the production of the airplanes. Consequently, this surge in manufacturing is leading to an increase in the need for the seat and other essential components, driving the Global Aircraft Seating Market.

Aircraft Seating Market Segmentation:

The report has segmented the market into the following categories:

By Class

First Class - Market Size & Forecast 2019-2030, USD Million
- First Class Seat Components
  - Structures
  - Foams
  - Actuators
  - Electrical Fittings
- First Class Seat Materials
  - Cushion Filling Materials
  - Structure Materials
  - Upholsteries & Seat Covers
- Business Class- Market Size & Forecast 2019-2030, USD Million
  - Business Class Seat Components
    - Structures
    - Foams
    - Actuators
    - Electrical Fittings
  - Business Class Seat Materials
    - Cushion Filling Materials
    - Structure Materials
    - Upholsteries & Seat Covers
  - Premium Economy Class- Market Size & Forecast 2019-2030, USD Million
    - Premium Economy Class Seat Components
      - Structures
      - Foams
      - Actuators
      - Electrical Fittings
    - Premium Economy Class Seat Materials
      - Cushion Filling Materials
      - Structure Materials
      - Upholsteries & Seat Covers
    - Economy Class- Market Size & Forecast 2019-2030, USD Million
      - Economy Class Seat Components
        Structures
        Foams
        Actuators
        Electrical Fittings
      - Economy Class Seat Materials
        Cushion Filling Materials
        Structure Materials
        Upholsteries & Seat Covers

By Aircraft Type

Narrow Body Aircraft (NBA)- Market Size & Forecast 2019-2030, USD Million
Wide Body Aircraft (WBA)- Market Size & Forecast 2019-2030, USD Million
Very Large Aircraft (VLA) - Market Size & Forecast 2019-2030, USD Million
Business Jets- Market Size & Forecast 2019-2030, USD Million
Regional Transport Aircraft (RTA) - Market Size & Forecast 2019-2030, USD Million

By End User

OEM - Market Size & Forecast 2019-2030, USD Million
Maintenance, Repair, and Overhaul (MRO)- Market Size & Forecast 2019-2030, USD Million
Aftermarket- Market Size & Forecast 2019-2030, USD Million

By Seat Type

9G- Market Size & Forecast 2019-2030, USD Million
16G- Market Size & Forecast 2019-2030, USD Million
21G- Market Size & Forecast 2019-2030, USD Million

By Region

North America
South America
Europe
The Middle East & Africa
Asia-Pacific

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Competitive Landscape:

Zodiac Aerospace (Safran)
Collins Aerospace
Geven
RECARO Aircraft Seating
Jamco
HAECO
Lufthansa Technik
Stelia Aerospace
Zim Flugsitz
Acro Aircraft Seating

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

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Other Report:

Key Highlights of the Report:

Market Performance (2024-2030)
Strategic Recommendations
Current, Historical and Future Market Trends
Market Drivers and Leading Competitor
SWOT Analysis
Structure of the Market
Comprehensive Mapping and Recent Advancement

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