According to the new market research report "Aircraft Seat Actuation System Market by Type (Electro-Mechanical, Hydraulic, Pneumatic), Seat Class (Business, Economy, Premium Economy, First), Component (Hardware, Software), End User (OEM, Aftermarket), Aircraft Type - Global Forecast to 2022", The aircraft seat actuation systemmarket is projected to grow from USD 507.1 million in 2017 to USD 730.7 million by 2022, at a CAGR of 7.58% from 2017 to 2022. The increase in aircraft orders, passenger traffic, and upgrades of aircraft are some of the key factors driving the aircraft seat actuation system market.
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Electro-mechanical segment projected to grow at highest CAGR from 2017 to 2022.
The electro-mechanical segment of the aircraft seat actuation system market is estimated to be the fastest-growing type segment during the forecast period. Electro-mechanical actuators are lightweight and are designed to deliver precise movement of seats. This type of actuation systems is used in premium economy, business class seats and first-class seats. The demand for premium economy has increase in developing countries and most of the airlines in Asia Pacific region are providing premium economy seats which is directly fuel the demand for electro-mechanical system.
Business class segment projected to grow at the highest CAGR from 2017 to 2022.
Based on seat class, the business class segment is projected to grow at the highest CAGR during the forecast period. Business class and first class seats have various features, including adjustable headrests, reclining mechanism, electronics, control for in-flight entertainment systems, and massage and adjustable lumbar support. The increasing air passenger traffic and demand for premium class seating in aircraft are driving the growth of the business class segment of the aircraft seat actuation system market.
Wide body aircraft segment projected to grow at the highest CAGR from 2017 to 2022.
Based on aircraft type, the wide body aircraft segment is projected to grow at the highest CAGR during the forecast period. The increase in orders for wide body aircraft due to the increased demand for long-haul travel is one of the key factors driving this segment of the aircraft seat actuation system market. Wide body aircraft are installed with first class, business class, economy class, and premium economy class seats.
Aftermarket segment projected to grow at the highest CAGR from 2017 to 2022.
Based on end user, the aftermarket segment of the aircraft seat actuation system market is projected to grow at the highest CAGR during the forecast period. The aftermarket sales of seat actuation systems depend on the regular retrofitting of aircraft seating as well as the replacement of spare parts during the scheduled and unscheduled maintenance of aircraft. North America and Europe are the largest markets for aftermarket aircraft seat actuation system.
Middle East aircraft seat actuation market projected to grow at highest CAGR from 2017 to 2022
The Middle East is expected to be the fastest-growing market during the forecast period. The growth is largely due to an increase in fleet size of the countries in the region. The airlines operating in this region are focused on enhancing passenger experience and the aftermarket sales are expected to be high.
Key Market Players
Major players operating in the aircraft seat actuation system market include Zodiac Aerospace (France), Crane Aerospace (US), and Astronics Corporation (US). These key players offer various aircraft seat actuation system types, including electro-mechanical, hydraulic, and pneumatic.
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