Market Research Future Published a Cooked Research “Global Commercial Aircraft Cabin Interior Market Research Report - Forecast to 2023” - Market Analysis, Scope, Stake, Progress, Trends and Forecast up to 2023.

Pune, India -- (SBWire) -- 08/03/2018 --Market Highlights:

A commercial aircraft cabin interior generally consists of lights, seats, windows, windshields, IFEC, galley, and lavatories. The design of the lights and seats, colour combinations, and other value add-ons boost the overall look of an aircraft's interior. The interior of an aircraft cabin is designed to enhance passenger comfort and the airline's services. Despite the rising fuel prices, there has been an increase in global air travel with a growth in passengers' investments. Moreover, the passenger experience is a key differentiator used by airlines to attract and retain custom. Therefore, airlines are continuously improving the interior of their aircraft to enhance efficiency, luxury, and the comfort of air travelers.

Major Key Players

The players include Rockwell Collins, Diehl Aerosystems, Honeywell International, Thales, Zodiac Aerospace, Aviointeriors, GKN Aerospace, Panasonic Avionics, Recaro Aircraft Seating, and Recaro Aircraft Seating Gmbh & Co. Kg. are some of the prominent players at the forefront of competition in the Global Commercial Aircraft Cabin Interior Market and are profiled in MRFR Analysis.

The increase in air traffic, growing number of new aircraft coming into service, passenger growth rate, demand for passenger comfort, and use of advanced technology are some key factors driving the growth of the market.

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Industry/ Innovation/ Related News:

November 14, 2017 – Thales and Emirates Aviation University, the education arm of the Emirates Group sign a Memorandum of Understanding which will initiate a new partnership to explore areas of cooperation in the aviation field.

November 12, 2017 - Honeywell has signed Lufthansa Technik as a licensed component repair center and exclusive global asset provider for all Honeywell components and the HGT 1700 APU on Airbus A350 aircraft. Under the agreement, Lufthansa Technik will offer A350 operators around the world an unequaled experience with maintenance repair and overhaul services for all Honeywell components, including auxiliary power units.
As a result, the global commercial aircraft cabin interior market is estimated to grow at a CAGR of around 11% during the forecast period.

Competitive Analysis

The global commercial aircraft cabin interior market is highly competitive and vendors compete on the basis of cost, product quality, reliability, and aftermarket service. To survive and succeed in such an intensely competitive environment, it is crucial for vendors to provide cost-effective and high-quality commercial aircraft cabin interior products that use the latest technology and materials.
In-house manufacturing capabilities, a global network, product offerings, investment in R&D, new technology, and a strong client base have become the key areas through which to gain a competitive edge in the market. The global economic recovery, growth of the aviation sector, new aircraft orders, R&D, and investment in fuel-efficient engines and the lucrative retrofit market has opened up opportunities for aerospace industry players to compete and grow.

Rockwell Collins, Diehl Aero systems, Honeywell International, and Thales are the leading players in the manufacturing and design of aircraft cabin interior products for commercial aircraft. Their focus is primarily on the implementation of lightweight materials, more electric-based technologies, and robust systems.

Market Driving Factors

The increase in air traffic is one of the key factors driving the market growth. The rising demand for air travel has resulted in many companies developing innovative products in the IFEC field. Investment in cabin interior products and aircraft weight reduction are some of the other major drivers of the growth of the market.

Upgrading to new technologies is a significant challenge for market vendors. Airlines face a challenge while implementing changes to cabin interiors as the technology soon becomes outdated. Introduction of design innovations and retrofitting aircraft interiors are some major challenges faced by the market players.
Owing to the increasing use of mobile devices, such as tablets and smartphones, among others by the flight and cabin crew, there has been a significant inclination towards in-flight connectivity. Cabin crew uses in-flight connectivity enabled mobile devices for various applications, such as onboard sales, crew communication, and accessing crew reporting tools, among others. Due to increase in onboard Wi-Fi speeds coupled with the rising use of Personal Electronic Devices (PEDs) among customers, airline operators are focusing on replacing heavy and expensive in-flight entertainment systems with streamed content.

Regional Analysis

APAC airline industry dynamics are transforming as regulations liberalize the market, enabling carriers to expand beyond national borders. It is evident from the growth of air travel, as low-cost carriers reduce fares and open new markets. Increasing purchasing power and accessibility will stimulate demand for air travel in established markets and meet the emerging travel needs of the growing middle-class population in the region.
In the Asia Pacific region, there has been an increase in demand for narrow-body aircraft, especially, from LCCs in the recent years, owing to the emergence and growth of airlines such as AirAsia, Tata Vistara, Tigerair, Lion Air, and Jetstar Airways, among others. Growth in this market will continue to depend largely on passenger travel as an increase in the passenger growth rate will lead to an increase in the demand for more aircraft and therefore, cabin seats.

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Intended Audience
- Distributor & Supplier companies
- End-users
- Consultants and Investment bankers
- Government as well as Independent Regulatory Authorities

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