Market Research Report
Aircraft Seat Actuation Systems Market - Growth, Trends, and Forecast (2020 - 2025)
|Published by||Mordor Intelligence Pvt Ltd||Product code||850102|
|Published||Content info||105 Pages
Delivery time: 2-3 business days
|Aircraft Seat Actuation Systems Market - Growth, Trends, and Forecast (2020 - 2025)|
|Published: February 1, 2020||Content info: 105 Pages||
The aircraft seat actuation market is projected to register a CAGR of more than 6% during the forecast period.
The Linear Actuation Systems Segment is Expected to have the Highest Market Share During the Forecast Period
As of 2019, the linear actuation systems segment has the highest share out of all the segments. The high share of the segment is primarily attributed to the amenities they offer, like the outbound flap control, enhanced reclined axes, and comfort features (such as footrest and leg rest). However, during the forecast period, rotary actuation systems are expected to witness a high growth rate. This is primarily due to their versatile operating capabilities, even in places having space, weight, or motion constraints.
Asia Pacific is Expected to Dominate the Market During the Forecast Period
Asia-Pacific currently has the highest market share in the aircraft seat actuation systems market, and the region is also expected to continue its dominance in the market in the years to come. The highest share of the region is primarily due to a large demand for new aircraft in the region. Additionally, the increasing number of LCCs in the region, which aim to squeeze in as many seats in the cabin as possible, is also driving the market in the region. Both for military and commercial purposes, the procurements of new aircraft are expected to increase in the years to come. This is the main reason for the expected high CAGR of the region's market during the forecast period.
Safran SA, Moog Inc., Crane Aerospace & Electronics, ITT Inc., and Astronics Corporation are some of the prominent players in the market. As the aircraft OEMs are now trying to reduce the weight of the aircraft, seat actuation system providers may focus on this aspect and manufacture lightweight seat actuation systems, thereby attracting new customers. Product differentiation may also be highly helpful for existing and new players. In this regard, highly diverse mechanisms and actuator types are being produced in the market, to help the manufacturers to gain new contracts and increase their market presence.