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Published: Apr, 2018 | Pages:
63 | Publisher: Grand View Research
Industry: Automotive | Report Format: Electronic (PDF)
The global aircraft seat actuation systems market size is expected to reach USD 656.9 million by 2024, according to a new study by Grand View Research, Inc., registering a CAGR of 14.1% during the forecast period. The market is anticipated to witness significant growth owing to rising demand for lightweight seats in airplanes. In addition, increasing need for aircraft seats with optimized strength-to-weight ratio is expected to promote market growth. Market players are using lighter materials to decrease overall weight of airplanes. The weight of an aircraft impacts its fuel efficiency, which is known to contribute to more than one-third of fleet operating costs. The industry is anticipated to gain substantially owing to rise in demand for developing lighter and More Electric Aircraft (MEA). Lighter aircraft facilitate in achieving high fuel efficiency and subsequently help in minimizing operational costs. In addition, rise in disposable income among general public across the globe is contributing significantly in propelling demand for premium air travel. The market foresees several growth opportunities in the Asia Pacific and Latin America regions owing to presence of several emerging economies such as India, China, South Korea, and Brazil. Further key findings from the study suggest: • By passenger class, economy plus is expected to be a key segment, exhibiting the highest CAGR of 15.2% over the forecast period. This can primarily be attributed to growing need for cost-efficient and economical travel fares • On the basis of mechanism, the linear segment accounted for 71.7% of the global revenue in 2015. Benefits of outboard flap control offered by linear actuator seating systems, especially in business jets, are predicted to fuel demand for linear systems • By actuator type, the electro-mechanical segment is anticipated to report the fastest growth, registering a CAGR of 14.3% over the forecast period. This can be attributed to benefits such as reduced component count, integrated design, and extended reliability of these actuators • The European regional market accounted for 34.7% of the global revenue in 2015, owing to rise in disposable consumer incomes among European nations • The North America market is projected to expand at a CAGR of 14.2% from 2016 to 2024, owing to growing demand for business jets, rising trade-related activities, and growth in travel and leisure activities • Key industry participants include B/E Aerospace, Inc. (U.S.); Buhler Motor GmbH (Germany); C & M Electric Actuators; Crane Aerospace & Electronics (Taiwan), Inc. (U.S.); ITT Corporation (U.S.); and Zodiac Aerospace Group (France). Industry vendors are emphasizing on offering high-end features and comfortable seating capabilities to offer convenience to users.
Table of Contents
Chapter 1. Methodology and Scope 1.1. Research Methodology 1.2. Research Scope & Assumption 1.3. List of Data Sources Chapter 2. Executive Summary 2.1. Aircraft Seat Actuation Systems- Industry snapshot & key buying criteria, 2014 - 2024 Chapter 3. Aircraft Seat Actuation Systems Industry Outlook 3.1. Market segmentation 3.2. Market size and growth prospects 3.3. Aircraft seat actuation systems value chain analysis 3.3.1. Vendor landscape 3.4. Aircraft seat actuation systems market dynamics 3.4.1. Market driver analysis 3.4.1.1. Increase in aircraft orders 3.4.1.2. Increase in passenger traffic for premium class travel 3.4.2. Market restraint analysis 3.4.2.1. Cost of ownership 3.5. Key opportunities prioritized 3.6. Industry analysis - Porter's 3.7. Aircraft Seat Actuation Systems - Key competitor analysis, 2014 3.7.1. Market strategy overview 3.8. Aircraft Seat Actuation Systems market PESTEL analysis, 2015 Chapter 4. Aircraft Seat Actuation Systems Passenger Class Outlook 4.1. Economy 4.1.1. Global market estimates and forecasts, 2014 - 2024 4.2. Economy plus 4.2.1. Global market estimates and forecasts, 2014 - 2024 4.3. Business 4.3.1. Global market estimates and forecasts, 2014 - 2024 4.4. First class 4.4.1. Global market estimates and forecasts, 2014 - 2024 Chapter 5. Aircraft Seat Actuation Systems Mechanism Outlook 5.1. Linear 5.1.1. Global market estimates and forecasts, 2014 - 2024 5.2. Rotary 5.2.1. Global market estimates and forecasts, 2014 - 2024 Chapter 6. Aircraft Seat Actuation Systems Actuator Type Outlook 6.1. Electromechanical 6.1.1. Global market estimates and forecasts, 2014 - 2024 6.2. Others 6.2.1. Global market estimates and forecasts, 2014 - 2024 Chapter 7. Aircraft Seat Actuation Systems Regional Outlook 7.1. North America 7.1.1. Aircraft Seat Actuation Systems market by passenger class, 2014 - 2024 7.1.2. Aircraft Seat Actuation Systems market by mechanism, 2014 - 2024 7.1.3. Aircraft Seat Actuation Systems market by actuator type, 2014 - 2024 7.1.4. U.S. 7.1.4.1. Aircraft Seat Actuation Systems market by passenger class, 2014 - 2024 7.1.4.2. Aircraft Seat Actuation Systems market by mechanism, 2014 - 2024 7.1.4.3. Aircraft Seat Actuation Systems market by actuator type, 2014 - 2024 7.1.5. Canada 7.1.5.1. Aircraft Seat Actuation Systems market by passenger class, 2014 - 2024 7.1.5.2. Aircraft Seat Actuation Systems market by mechanism, 2014 - 2024 7.1.5.3. Aircraft Seat Actuation Systems market by actuator type, 2014 - 2024 7.2. Europe 7.2.1. Aircraft Seat Actuation Systems market by passenger class, 2014 - 2024 7.2.2. Aircraft Seat Actuation Systems market by mechanism, 2014 - 2024 7.2.3. Aircraft Seat Actuation Systems market by actuator type, 2014 - 2024 7.2.4. UK 7.2.4.1. Aircraft Seat Actuation Systems market by passenger class, 2014 - 2024 7.2.4.2. Aircraft Seat Actuation Systems market by mechanism, 2014 - 2024 7.2.4.3. Aircraft Seat Actuation Systems market by actuator type, 2014 - 2024 7.2.5. Germany 7.2.5.1. Aircraft Seat Actuation Systems market by passenger class, 2014 - 2024 7.2.5.2. Aircraft Seat Actuation Systems market by mechanism, 2014 - 2024 7.2.5.3. Aircraft Seat Actuation Systems market by actuator type, 2014 - 2024 7.2.6. France 7.2.6.1. Aircraft Seat Actuation Systems market by passenger class, 2014 - 2024 7.2.6.2. Aircraft Seat Actuation Systems market by mechanism, 2014 - 2024 7.2.6.3. Aircraft Seat Actuation Systems market by actuator type, 2014 - 2024 7.3. Asia Pacific 7.3.1. Aircraft Seat Actuation Systems market by passenger class, 2014 - 2024 7.3.2. Aircraft Seat Actuation Systems market by mechanism, 2014 - 2024 7.3.3. Aircraft Seat Actuation Systems market by actuator type, 2014 - 2024 7.3.4. China 7.3.4.1. Aircraft Seat Actuation Systems market by passenger class, 2014 - 2024 7.3.4.2. Aircraft Seat Actuation Systems market by mechanism, 2014 - 2024 7.3.4.3. Aircraft Seat Actuation Systems market by actuator type, 2014 - 2024 7.3.5. Japan 7.3.5.1. Aircraft Seat Actuation Systems market by passenger class, 2014 - 2024 7.3.5.2. Aircraft Seat Actuation Systems market by mechanism, 2014 - 2024 7.3.5.3. Aircraft Seat Actuation Systems market by actuator type, 2014 - 2024 7.3.6. Others 7.3.6.1. Aircraft Seat Actuation Systems market by passenger class, 2014 - 2024 7.3.6.2. Aircraft Seat Actuation Systems market by mechanism, 2014 - 2024 7.3.6.3. Aircraft Seat Actuation Systems market by actuator type, 2014 - 2024 7.4. RoW 7.4.1. Aircraft Seat Actuation Systems market by passenger class, 2014 - 2024 7.4.2. Aircraft Seat Actuation Systems market by mechanism, 2014 - 2024 7.4.3. Aircraft Seat Actuation Systems market by actuator type, 2014 - 2024 7.4.4. Latin America 7.4.4.1. Aircraft Seat Actuation Systems market by passenger class, 2014 - 2024 7.4.4.2. Aircraft Seat Actuation Systems market by mechanism, 2014 - 2024 7.4.4.3. Aircraft Seat Actuation Systems market by actuator type, 2014 - 2024 7.4.5. Middle East 7.4.5.1. Aircraft Seat Actuation Systems market by passenger class, 2014 - 2024 7.4.5.2. Aircraft Seat Actuation Systems market by mechanism, 2014 - 2024 7.4.5.3. Aircraft Seat Actuation Systems market by actuator type, 2014 - 2024 Chapter 8. Competitive Landscape 8.1. B/E Aerospace, Inc. 8.1.1. Revenue Analysis 8.1.2. Technology Benchmarking 8.1.3. Strategic Development 8.2. Buhler Motor GmbH (Germany) 8.2.1. Revenue Analysis 8.2.2. Technology Benchmarking 8.2.3. Strategic Development 8.3. Crane Aerospace & Electronics, Inc. (U.S.) 8.3.1. Revenue Analysis 8.3.2. Technology Benchmarking 8.3.3. Strategic Development 8.4. ITT Corporation (U.S.) 8.4.1. Revenue Analysis 8.4.2. Technology Benchmarking 8.4.3. Strategic Development 8.5. Moog, Inc. (U.S.) 8.5.1. Revenue Analysis 8.5.2. Technology Benchmarking 8.5.3. Strategic Development 8.6. Nook Industries (U.S.) 8.6.1. Revenue Analysis 8.6.2. Technology Benchmarking 8.6.3. Strategic Development 8.7. PGA Electronics S.A. (France) 8.7.1. Revenue Analysis 8.7.2. Technology Benchmarking 8.7.3. Strategic Development 8.8. Rollon S.P.A. (Italy) 8.8.1. Revenue Analysis 8.8.2. Technology Benchmarking 8.8.3. Strategic Development 8.9. Shandong Jinglu Industrial Control System Co. Ltd. (China) 8.9.1. Revenue Analysis 8.9.2. Technology Benchmarking 8.9.3. Strategic Development 8.10. Zodiac Aerospace. 8.10.1. Revenue Analysis 8.10.2. Technology Benchmarking 8.10.3. Strategic Development
List of Tables
1 Aircraft seat actuation systems market - Industry snapshot & key buying criteria, 2014 - 2024 2 Global aircraft seat actuation systems market, 2014 - 2024 (USD Million) 3 Global market estimates and forecasts by region, 2014 - 2024 (USD Million) 4 Global market estimates and forecasts by passenger type, 2014 - 2024 (USD Million) 5 Global market estimates and forecasts by mechanism, 2014 - 2024 (USD Million) 6 Global market estimates and forecasts by actuator type, 2014 - 2024 (USD Million) 7 Aircraft Seat Actuation Systems- Key market driver impact 8 Aircraft Seat Actuation Systems - Key market restraint impact 9 Key aircraft seat actuation systems competitor market share analysis, 2014
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