The aircraft cabin interior market is estimated at $12,852.96 million in 2014, and is expected to grow at a CAGR of 5.99% to reach $ 17,194.9 million by 2019. The key drivers accountable for the growth of the market are increase in the number of aircraft orders, modernization in aircraft programs, and customization of cabin interiors, according to customer demand.
Dallas, TX -- (SBWIRE) -- 02/10/2015 -- According to a new market research report "Commercial Aircraft Cabin Interior Market by Aircraft Type (Narrow Body Aircraft, Wide Body Aircraft, Very Large Aircraft , Business General Aviation), Product (Seat, Light, IFEC, Windows & Windshield, Galley & Monument , Lavatory), Fit (Linefit, Retrofit), & Geography ( North America, Asia-Pacific, Europe, The Middle East, Latin America, Africa, Row) - Forecast & Analysis to 2014 - 2019", published by MarketsandMarkets, the total Commercial Aircraft Cabin Interior Market is expected to reach $17,194.9 Million in 2019.
Browse 70 Market Data Tables and 25 Figures spread through 180 Pages and in-depth TOC on "Commercial Aircraft Cabin Interior Market"
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The economic crisis has forced airlines to postpone their retrofit programs as well as delay delivery of new aircraft. The retrofit market is estimated to increase as a large number of retrofit programs had been postponed due to financial reasons, and will now be launched. The recovery in global economy has helped aircraft manufacturers with new orders Major aircraft orders are from growing economies such as Brazil, Russia, India, and China. With respect to the number of aircraft orders, the Middle East and Asia-Pacific are ahead, compared to Europe and North America.
Driving factors such as increase in the demand for cabin customization with respect to passenger comfort and increasing passenger growth rate are boosting the Commercial Aircraft Cabin Interior Market worldwide. Growth in this market will continue to depend largely on passenger travel as increase in passenger number will increase the number of aircrafts and cabin seats in the commercial aircraft. The cabin seats market size is estimated to be the highest in the forecast period 2014 to 2019 compared to other cabin interior products.
The Commercial Aircraft Cabin Interior Market includes several products, which are categorized such as passenger seats, cabin lights, cabin windows and windshields, IFECs (In Flight Entertainment and Communication Systems), galleys, monuments, and lavatories.
The global market for commercial cabin interior market is estimated at $12,852.96 Million in 2014, and expected to reach $17,194.9 Million in 2019. The major challenges for this particular industry will be to control emissions from aircraft, poor quality of equipment, and increase in fuel prices.
The analysis includes segmentation by fit, product, aircraft and geography across regions such as North America, Europe, the Middle East, Asia-Pacific, and Latin America.
The report provides a complete analysis of the leading players in the aircraft cabin interior market, the key segments that occupy a significant share, with clear insights and commentary on the developments and trends. The report also includes a chronology of developments with respect to new products and their applications. The market dynamics are also attributed to the increase in number of aircraft orders, latest aircraft programs, and customization of cabin interiors, according to customer demand.
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