Market Research Report
Commercial Aircraft Seat Actuation
|Published by||Global Industry Analysts, Inc.||Product code||957749|
|Published||Content info||185 Pages
Delivery time: 1-2 business days
|Commercial Aircraft Seat Actuation|
|Published: April 1, 2021||Content info: 185 Pages||
Global Commercial Aircraft Seat Actuation Market to Reach $563 Million by 2027
Amid the COVID-19 crisis, the global market for Commercial Aircraft Seat Actuation estimated at US$271 Million in the year 2020, is projected to reach a revised size of US$563 Million by 2027, growing at aCAGR of 11% over the period 2020-2027. Hydraulic, one of the segments analyzed in the report, is projected to record 9.2% CAGR and reach US$271.2 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Electro-Mechanical segment is readjusted to a revised 13% CAGR for the next 7-year period.
The U.S. Market is Estimated at $78.1 Million, While China is Forecast to Grow at 14.7% CAGR
The Commercial Aircraft Seat Actuation market in the U.S. is estimated at US$78.1 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$105.1 Million by the year 2027 trailing a CAGR of 14.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.7% and 9.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.7% CAGR.
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