Aircraft Cabin Interior Market Share, Regional Analysis and Manufacturing Industry Insights 2020
The increasing necessity to improve the overall passenger travel experience can be a vital factor in boosting the aircraft cabin interior market revenue in the forthcoming years. Moreover, the surge in commercial aircraft deliveries owing to the growing air traffic passengers in the developed, as well as developing countries, will create new opportunities for the aircraft cabin interior growth during the forecast period. In addition, the increasing focus of airlines towards improving passengers’ travel experience is expected to have a positive impact on the aircraft cabin interior market share in the foreseeable future.
The global aircraft cabin interior market size is predicted to reach USD 35.36 billion by 2027, exhibiting a CAGR of 11.8% during the forecast period. The following market is expected to decline significantly in 2020 due to the COVID-19 impact and hence the 2020-2027 CAGR is high. The aviation industry has incurred a revenue loss of around USD 27.06 billion this year. This, in turn, will negatively impact the growth of the market.
The report aircraft cabin interior market report focuses and elaborates on the definition, types, applications and major players in detail. Deep analysis of aircraft cabin interior market status, competition pattern, enterprise, advantages and disadvantages of enterprise Products, industry development trends, regional industrial layout characteristics, and macroeconomic policies, industrial policy has also been studied and provided within the synopsis.
The Report Lists the Main Companies in the Aircraft Cabin Interior Market:
- Astronics Corporation
- Cobham PLC
- Collins Aerospace (United Technologies Corporation)
- Diehl Stiftung & Co. Kg
- Global Eagle Entertainment Inc.
- Gogo Inc.
- Haeco Americas
- Honeywell International Inc.
Key Development:
March 2019 – RECARO Aircraft Seating, an independent division of RECARO Holding GmbH headquartered in Germany, announced the investment of USD 74.02 million for the research and development of business class seating.
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