Global Aircraft Seat Actuation System Market
Dublin, Dec. 26, 2022 (GLOBE NEWSWIRE) -- The "Aircraft Seat Actuation System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global aircraft seat actuation system market size reached US$ 645 Million in 2021. Looking forward, the publisher expects the market to reach US$ 1,040 Million by 2027, exhibiting a CAGR of 8.29% during 2021-2027.
Aircraft seat actuation systems provide comfort and safety to passengers and pilots. They assist in optimizing weight, kinetics, and intelligence, and providing smooth, ergonomic seat motion. They also aid in improving connectivity for passengers and pilots and offering higher performance and smart maintenance concepts.
They comprise electronic control units, linear and rotary actuators, passenger seat control units, wiring harnesses, and lumbar massage systems. As aircraft seat actuation systems are light, silent, reliable, compact, and customizable, their demand is escalating around the world.
Aircraft Seat Actuation System Market Trends:
Due to inflating disposable incomes, there is a significant increase in premium air travel worldwide. This, in confluence with the flourishing aviation industry, represents one of the key factors strengthening the market growth. Apart from this, the growing need for maintenance and retrofitting of existing aircraft is also driving the market. Moreover, the increasing procurement of commercial and military aircraft across the globe is offering lucrative growth opportunities to leading market players.
Furthermore, aircraft manufacturers are extensively investing in research and development (R&D) activities to enhance the efficiency, size, and intelligence of aircraft seat actuation systems and ensure a comfortable and luxurious flying experience for passengers. They are also focusing on reducing the basic operating empty weight (OEW) of the aerial vehicle by using lightweight equipment and furniture.
This, along with technological advancements, such as 3D printing and fiber-reinforced composites to make lighter and cost-effective seat actuators, is impelling the growth of the market. Other major factors, including the rising demand for lightweight cabin products and the growing number of low-cost airlines, are anticipated to impel the market growth in the coming years.
| Report Attribute | Details |
| No. of Pages | 148 |
| Forecast Period | 2021 - 2027 |
| Estimated Market Value (Million) in 2021 | Million645 Million |
| Forecasted Market Value (Million) by 2027 | Million1040 Million |
| Compound Annual Growth Rate | 8.2% |
| Regions Covered | Global |
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global aircraft seat actuation system market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, seat class, mechanism, component, aircraft type and end use.
Breakup by Type:
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Electro-Mechanical
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Hydraulic
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Pneumatic