The global aircraft cabin interior market size is expected to reach USD 41.10 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.9% from 2023 to 2030, according to a new study by Grand View Research, Inc. The market is experiencing a distinct shift towards passenger-centric innovations. Airlines and manufacturers are focusing towards enhancing the passenger travel experience. This encompasses the seamless integration of advanced technologies such as interactive seat touchscreens, tailor-made entertainment choices, and customizable lighting configurations. These innovations collectively aim to establish an environment of comfort and enjoyment during the journey, thereby anticipated to fuel market growth over the forecast period.
Aircraft Cabin Interior Market Report Highlights
- Based on Material, the alloys segment accounted for over 64% of the market share in 2022, owing to the use of alloys as a core material in aircraft interior components.
- Based on Type, the entertainment & connectivity segment dominated the market in 2022, due to the growing emphasis of airline companies on enhancing passenger comfort.
- Based on Aircraft Type, the narrow body aircraft segment dominated the market in 2022, due to the global upsurge in domestic air passenger traffic.
- Based on End-user, the OEM segment is expected to witness highest growth rate from 2023 to 2030, driven by growing demand for innovative and customized cabin solutions.
- The Asia Pacific regional market is anticipated to register the highest CAGR of over 14.7% from 2022 to 2030, driven by the region’s expanding air travel demand and increasing investments in aviation infrastructure.
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The current aviation landscape places a strong emphasis on connectivity, propelling aircraft cabin interiors to transform into immersive hubs for entertainment and communication. This trend involves seamlessly integrating high-speed Wi-Fi, streaming services, and captivating VR/AR experiences directly into cabins, ensuring passengers are engaged and maintain seamless connectivity throughout the entire duration of their flight. Companies are focusing on leveraging immersive technologies to streamline aircraft cabin design processes and enhance remote collaboration. For instance, in June 2023, Airbus unveiled their first immersive remote collaboration concept. The company is pioneering digital collaboration with an innovative approach, utilizing mixed reality technologies to create an industry-first solution for customizing aircraft interiors. This concept revolutionizes how Airbus approaches aircraft cabin definition, facilitating real-time, immersive virtual interactions with customers, both locally and remotely. Such strategies by key players are expected to drive the market growth over the forecast period.
Moreover, the key trend in the market is its adaptability across various aircraft sizes such as small, medium, and large. Despite the Covid-19 pandemic, the market continues to display resilience. This growth is fueled by global airlines expanding their flight operations and adhering to regulatory guidelines. India stands out as a prime adopter of aircraft cabin interiors due to its strong domestic airline network. Meanwhile, the European and North American markets flourish due to passengers’ strong inclination towards air travel, contributing to the widespread prevalence of market.
Key Players in the Aircraft Cabin Interior Market
- Astronics Corporation
- Cobham PLC
- Collins Aerospace
- Gogo, Inc
- Honeywell International Inc.
- Hong Kong Aircraft Engineering Company Limited
- JCB Aero
- Panasonic Corporation
- Thales GroupThe Boeing Company
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We have segmented the aircraft cabin interior market on the basis of material, type, aircraft type, end user, and region.
- Material Outlook
- Alloys
- Composites
- Others
- Type Outlook
- Aircraft Seating
- Entertainment & Connectivity
- Cabin Lighting
- Galley
- Lavatory
- Windows & Windshields
- Stowage Bins
- Interior Panels
- Aircraft Type Outlook
- Narrow Body Aircraft
- Wide Body Aircraft
- Business Jets
- Regional Transport Aircraft
- End-user Outlook
- Original Equipment Manufacturer (OEM)
- After Market
- Regional Outlook
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Research Methodology
We employ a comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecasts possible. We utilize a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. Our market estimates and forecasts are derived through simulation models. A unique model is created and customized for each study. Gathered information for market dynamics, technology landscape, application development, and pricing trends are fed into the model and analyzed simultaneously.
About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S. based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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The aircraft cabin interior market is expected to grow by 3.5% Y-o-Y in 2016, and surpass US$ 14.5 Bn in revenues according to a new report by Future Market Insights (FMI).On the basis of product type, the aircraft cabin interior market is segmented into flooring, sidewalls/liners, overhead bins, seats, monuments, lavatories and other components such as in-flight entertainment system and cabin lighting system.
The seats segment is the largest in terms of value, and is estimated to account for 28.3% share of the overall market.
Increasing emphasis on comfort, especially in long-haul flights and introduction of premium economy seats is fuelling the growth of this segment.Request For Report Sample@ https://www.futuremarketinsights.com/reports/sample/rep-gb-187Growing trend of aircraft leasing and frequent refurbishment of aircraft has had a positive impact of the aftermarket sales of aircraft cabin interior.
The aftermarket sales segment is expected to account for 25% revenue share of the market in 2016.
In contrast, growth of OEM segment is projected to be marginal over the forecast period.Geographical concentration of different types of aircraft can be witnessed in the aircraft deliveries such as narrow body aircrafts, which are in high demand in the emerging regions namely, Latin America and Asia Pacific excl.
Wide body aircrafts are the popular choice of airline carriers of Western Europe and North America.
