CHICAGO, Oct. 31, 2019 (GLOBE NEWSWIRE) — MarketsandMarkets predicts that the global aircraft cabin interiors market size is estimated to be worth USD 40.2 billion by 2025, based on the findings in their recently launched market research report, “Aircraft Cabin Interiors Market by Type (Aircraft Seating, IFEC, Aircraft Cabin Lighting, Aircraft Galley, Aircraft Lavatory, Aircraft Windows & Windshields, Aircraft Interior Panels), End User, Aircraft Type, Material, Region – Global Forecast to 2025”. Increasing aircraft deliveries and growing demand for technologically advanced products used in aircraft cabin interiors are the key drivers of the market.

Aircraft cabin interiors enable the creation of a sense of surroundings, which provides security, comfort, and isolation to passengers at high altitudes, which otherwise are deemed unfit for humans. Most of the products used in aircraft cabin interiors are designed from the perspective of passenger comfort and safety. The aircraft cabin interiors market is evolving across geographies with significant progress being made in the in-flight entertainment and connectivity of aircraft.

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The materials used for manufacturing various aircraft cabin interiors have shifted drastically from traditional ones such as glass and metals to composites. As of 2018, composites dominated the global aircraft cabin interiors market share, and the trend is expected to continue during the forecast period in line with the lightweight trend to improve fuel efficiency.

Aircraft seating is the most widely demanded product in the aircraft cabin interiors market, whereas galley equipment is the most expensive product. However, in-flight entertainment & connectivity is expected to witness the fastest growth in the global aircraft cabin interiors market during the forecast period. These facilities are provided to enhance the passenger experience, thereby leading to increased loyalty of passengers for airlines, and consequently, an increase in revenues. Legacy airlines such as Singapore Airlines, Emirates, Etihad, and Lufthansa continue to place orders for advanced in-flight entertainment & connectivity systems to make the journey of passengers comfortable over long-haul routes.

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Most cabin interiors remain similar for different types of aircraft. However, some change depending on the size and type of aircraft, such as the number of seats required, cabin lighting, and lavatory. An average narrow-body aircraft has 150 to 200 seats with a single aisle seating arrangement, whereas wide-body aircraft have 270 to 300 seats – usually with a twin-aisle seating arrangement. Although the Very Large Aircraft (VLA) has a seating capacity of 550 passengers, this segment market is very small, primarily due to the limited interest of airlines following high maintenance costs and lack of flexible options. On the other hand, the market for long-range twin-engine aircraft (WBA) is expected to be robust during the next two decades based on the aircraft orders placed by airlines. According to the Boeing Current Market Outlook (2018), the wide-body aircraft fleet is approximately 4,290 aircraft in 2017 and is expected to reach 9,180 aircraft by 2037.

The aircraft cabin interiors market includes the line fit (OEM), aftermarket, and MRO, which are witnessing growth due to various factors, such as increasing aircraft deliveries, upgrades of existing aircraft, and an increase in air passenger traffic. The aftermarket is driven majorly due to the replacement of older incandescent lights, seats, and in-flight entertainment and connectivity (IFEC) systems, among others.

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A regional analysis of the global aircraft interiors market based on OEM, aftermarket, and MRO portrays an extremely different scenario. Within the global aircraft cabin interiors OEM market, North America dominated the global market, closely followed by Europe. However, in the case of the aftermarket, Asia Pacific led the market in 2018 and is likely to exhibit the fastest growth as well. The MRO market for aircraft cabin interiors is monopolized by three regions, i.e., North America, Europe, and Asia Pacific. Rising deliveries of commercial aircraft and upgrade of the existing fleet are expected to drive the global market.

Zodiac Aerospace (Safran), United Technologies Corporation (Collins Aerospace), Rockwell Collins Inc. (Collins Aerospace), Panasonic Avionics Corporation, Diehl Stiftung & Co. KG and Astronics Corporation are the leading players operating in the aircraft cabin interiors market. The top 10 market players focused on acquiring companies with technical expertise and broad product portfolio to increase their reach to untapped markets. For instance, United Technologies (UTC) acquired Rockwell Collins, Inc., a leading provider of avionics, flight controls, data connectivity, and interiors in September 2017. The acquisition helped UTC increase its reach to growing customer demands, improve product offerings, and enhance innovation capabilities. This acquisition is considered as one of the most significant events in the history of the aerospace industry.

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