The global aircraft cabin interiors market is projected to grow from USD 17.6 billion in 2018 to USD 32.7 billion by 2025, at a CAGR of 13.2% from 2020 to 2025.
This growth can be attributed to the increased demand for in-flight entertainment & connectivity systems as these have become an alternate source of income for most of the airlines. The ancillary revenue obtained from these systems is helping airlines in maintaining and enhancing the quality of their onboard services. Different airlines are using different sources such as onboard shopping, Wi-Fi connectivity, and advertising for revenue generation. However, the limited number of profitable airlines in emerging economies is expected to restrain the growth of the market.
The outbreak of COVID-19 has led to a significant economic toll on the aviation sector due to air travel restrictions in various countries. The air travel restrictions across various regions for both domestic and international flights have attributed significantly to the inactive fleet across the globe. Like many other industries, the aircraft cabin interiors market is also heavily impacted by the COVID-19 pandemic. OEMs, service providers, technology providers, and airlines are facing tremendous pressure due to the financial losses incurred because of coronavirus spread.
Based on end user, the OEM segment is projected lead the aircraft cabin interiors market from 2020 to 2025.
Based on end user, the OEM segment is projected lead the aircraft cabin interiors market during the forecast period. The growth of this segment can be attributed to the fact that the customization of the aircraft cabin interiors according to the requirements of airlines before aircraft delivery is easier as compared to retrofitting them.
Based on aircraft type, the very large aircraft segment is projected to grow at the highest CAGR during the forecast.
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. The report segments the aircraft cabin interiors market based on aircraft type into narrow body aircraft, wide body aircraft, very large aircraft, regional transport aircraft, and business jets. The demand for interiors for a very large aircraft is comparatively greater due to the wide fuselage. Interiors of the wide body aircraft have been upgraded with the latest technologies. Additionally, the demand for enhanced passenger safety, reliability, and in-flight experience for the long-haul flights is attributing to the growth of the very large aircraft segment.
Based on type, the in-flight entertainment and connectivity market segment is projected to grow at the highest CAGR during the forecast.
In-flight entertainment & connectivity refers to the entertainment facilities available to onboard passengers during flight. These facilities are provided to enhance the passenger experience, thereby leading to increased loyalty of passengers for airlines. 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. The decline in weight of these systems is an ongoing trend across the globe as it increases the fuel efficiency of aircraft. The increased demand for ensuring the comfort of passengers and enhancing their experience has led to R&D activities in for the development of innovative applications and technologies such as onboard shopping, wireless In-flight Entertainment (IFE), WI-FI & Broadband connectivity, and mobile connectivity.
The North America region is estimated to account for the largest share of the aircraft cabin interiors market in 2020.
The North America region is estimated to account for the largest share of the aircraft cabin interiors market in 2020. Some of the major aircraft manufacturers such as Boeing Company (US), Lockheed Martin Corporation (US), and Bombardier (Canada) are based in this region, thereby leading to increased demand for components of aircraft cabin interiors. The Middle East aircraft cabin interiors market is projected to grow at the highest CAGR during the forecast period, owing to airlines with larger fleet size, the aftermarket and MRO segments in Middle East has led to its highest CAGR. The growth in air passenger traffic has resulted in an increased order for new aircraft deliveries, thereby leading to the growth of the aftermarket and MRO segments of this region. Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights 4.1 Aircraft Cabin Interiors Market 4.2 Aircraft Cabin Interiors Market, by Type 4.3 In-Flight Entertainment & Connectivity Market, by End-user 4.4 Europe Aircraft Cabin Interiors Aftermarket 4.5 Aircraft Cabin Interiors Market Share Analysis 4.6 Aircraft Cabin Interiors Market, by Aircraft Type 5 Market Overview 5.1 Introduction 5.2 Market Dynamics 5.2.1 Drivers 5.2.1.1 Increasing Demand for In-Flight Entertainment Systems 5.2.1.2 Rise in Premium Economy Seats 5.2.1.3 Emerging Markets 5.2.1.4 Ifec a Major Source of Ancillary Revenue for Airlines 5.2.1.5 the Grounded Fleet is Undergoing Enhancements for Cabin Interiors' Safety and Reliability Post-Covid-19 5.2.2 Restraints 5.2.2.1 Lack of Profitable Airlines in Emerging Economies 5.2.2.2 Regulatory Frameworks & Certifications 5.2.2.3 Increase in the Overall Weight of Aircraft 5.2.3 Opportunities 5.2.3.1 Influence of Low-Cost Airlines 5.2.3.2 Wi-Fi Connectivity 5.2.3.3 New Aircraft Interior Lighting System Technology 5.2.3.4 Reformation of Aircraft Cabin Interiors by Passenger to Freighter (P2F) Conversions Amidst Covid-19 5.2.3.5 Modifications in Aircraft Seating Due to Covid-19 5.2.4 Challenges 5.2.4.1 16G Seat Mandates for Passenger Safety 5.2.4.2 Delay in Aircraft Deliveries 5.2.4.3 High Installation Cost 5.2.4.4 Cybersecurity Issues 5.2.4.5 Economic Challenges Due to Lower Air Passenger Traffic Amidst of Covid-19 5.2.4.6 Operational Obstacles for Flying a Passenger to Freighter (P2F) Aircraft 5.3 Average Selling Price Trend 5.4 Technology Analysis 5.4.1 Aircraft Bin Sensors 5.4.2 Soft Cabin Divider 5.4.3 Interspace Seat Design 5.4.4 IoT of the Cabin 5.4.5 Urban Air Mobility 6 Industry Trends 6.1 Introduction 6.2 Ecosystem 6.3 Key Influencers 6.4 Emerging Trends 6.5 Use Cases 6.6 Impact of Megatrends 6.7 Innovations & Patent Registrations 7 Aircraft Cabin Interiors, by Material 7.1 Introduction 7.2 Alloys 7.2.1 Aluminum Alloy 7.2.1.1 Material for Seat Structure, Lavatory Cabin Frames and Others 7.2.2 Steel Alloy 7.2.2.1 Areas Needing High Strength and Anti Corrosive Properties 7.2.3 Others 7.3 Composites 7.3.1 Carbon 7.3.1.1 High Strength and Low Weight 7.3.2 Glass 7.3.2.1 Better Impact Strength Than Carbon Fiber 7.3.3 Aramid (Kevlar) 7.3.3.1 High Impact Strength 7.3.4 Others 7.4 Others
8 Aircraft Cabin Interiors Market, by Type 8.1 Introduction 8.2 Impact of Covid-19 on Type of Aircraft Cabin Interiors 8.3 Aircraft Seating 8.4 In-Flight Entertainment & Connectivity 8.5 Aircraft Cabin Lighting 8.6 Aircraft Galley 8.7 Aircraft Lavatory 8.8 Aircraft Windows & Windshields 8.9 Aircraft Stowage Bins 8.10 Aircraft Interior Panels 9 Aircraft Cabin Interiors Market, by End-user 9.1 Introduction 9.2 Impact of Covid-19 on End-user of Aircraft Cabin Interiors 9.2.1 Most Impacted End-user Segment 9.2.2 Least Impacted End-user Segment 9.3 Oem 9.3.1 Increase in Aircraft Orders is Driving the Growth of Oem for the Line Fit Parts 9.4 Maintenance, Repair, & Overhaul (MRO) 9.4.1 Increasing Aircraft Fleet Sizes is One of the Most Significant Factors Contributing to the Demand for Aircraft Retrofit Parts 9.5 Aftermarket 9.5.1 Cabin Interior Upgrades is Boosting the Growth of Aftermarket Segment 10 Aircraft Cabin Interiors Market, by Aircraft Type 10.1 Introduction 10.2 Impact of Covid-19 on Aircraft Type of Aircraft Cabin Interiors 10.2.1 Most Impacted Aircraft Type Segment 10.2.2 Least Impacted Aircraft Type Segment 10.3 Narrow Body Aircraft (Nba) 10.3.1 High Efficiency of Narrow Body Aircraft in Short Haul Travel Sector 10.4 Wide Body Aircraft (Wba) 10.4.1 Increasing Focus of Airlines on Long-Haul Routes 10.5 Very Large Aircraft (Vla) 10.5.1 Demand for Very Large Aircraft from the Middle East 10.6 Business Jets 10.6.1 Rising Number of Private Aviation Companies Across the Globe 10.7 Regional Transport Aircraft (Rta) 10.7.1 Rising Domestic Air Passenger Traffic in Emerging Economies 11 Aircraft Cabin Interiors Oem Market, by Region 11.1 Introduction 11.2 Impact of Covid-19 on Aircraft Cabin Interiors Oem Market, by Region 11.3 3 Global Scenarios of Aircraft Cabin Interiors Oem Market 11.4 North America 11.5 Europe 11.6 Asia-Pacific 11.7 Latin America 11.7.1 Latin America Covid-19 Restrictions
12 Aircraft Cabin Interior Aftermarket, by Region 12.1 Introduction 12.2 Impact of Covid-19 on Aircraft Cabin Interiors Aftermarket, by Region 12.3 3 Global Scenarios of Aircraft Cabin Interiors Aftermarket 12.4 North America 12.5 Europe 12.6 Asia-Pacific 12.7 Latin America 12.8 Middle East 12.9 Africa 13 Aircraft Cabin Interiors Mro Market, by Region 13.1 Introduction 13.2 Impact of Covid-19 on Aircraft Cabin Interiors Mro Market, by Region 13.3 3 Global Scenarios of Aircraft Cabin Interiors Mro Market 13.4 North America 13.5 Europe 13.6 Asia-Pacific 13.7 Latin America 13.8 Middle East 13.9 Africa
14 Competitive Landscape 14.1 Overview 14.2 Market Share Analysis: 2019 14.2.1 Oem Market Share 14.2.2 Mro Market Share 14.3 Revenue Analysis of the Leading Players: 2017-2019 14.3.1 Revenue Analysis of the Leading Players 14.4 Competitive Scenario 14.4.1 Top Mergers & Acquisitions in the Aircraft Cabin Interiors Market 14.4.2 New Product Launches 14.4.3 Contracts, Partnerships, & Agreements 14.4.4 Expansions & Collaborations 15 Company Evaluation and Company Profiles 15.1 Competitive Leadership Mapping 15.1.1 Star 15.1.2 Emerging Leaders 15.1.3 Pervasive 15.1.4 Emerging Companies 15.2 Company Profiles 15.2.1 Introduction 15.2.2 Astronics Corporation 15.2.3 Cobham plc 15.2.4 Diehl Stiftung & Co. Kg 15.2.5 Global Eagle Entertainment Inc. 15.2.6 Gogo Inc. 15.2.7 Honeywell International Inc. 15.2.8 Panasonic Avionics Corporation 15.2.9 Recaro Aircraft Seating GmbH & Co. Kg 15.2.10 Thales Group 15.2.11 Geven Spa 15.2.12 Encore Group 15.2.13 United Technologies Corporation (Collins Aerospace) 15.2.14 Safran (Zodiac Aerospace) 15.2.15 Haeco Americas 15.2.16 St Engineering (Singapore Technologies Engineering Ltd) 15.2.17 Jamco Corporation 15.2.18 Lufthansa Technik 15.2.19 Triumph Group 15.2.20 Tci Cabin Interiors 15.2.21 Cabinnet Akkurt Ltd. 15.2.22 Bae Systems 15.2.23 Facc AG 15.2.24 Spectra Interior Product Inc. 15.2.25 Thompson Aero Seating Limited 15.2.26 Bucher Group 15.2.27 Aviointeriors S.P.A. 15.2.28 Mac Aero Interiors 15.2.29 Cyient 15.2.30 Gkn Aerospace 15.2.31 Aim Alititude
