Europe Commercial Aviation Aircraft Seating Market is Expected to Reach $1,587.5 Million by 2019 – A Report by MicroMarket Monitor
(PRWEB) April 13, 2015 -- The European commercial aviation aircraft seating market is projected to reach $1,587.5 million by 2019, growing at a CAGR of 8.2% during the forecast period of 2014 to 2019.
Browse through the TOC of European Commercial Aviation Aircraft Seating Market for an analysis of industry trends, segments & forecasts.
http://www.micromarketmonitor.com/market/europe-aviation-aircraft-seating-8646440889.html
Passenger traffic and aircraft orders in Europe are on the rise, leading to an increase in demand for commercial aviation aircraft seating. About 63% of the global fleet size comprises Low Cost Carriers (LCCs). LCCs use single aisle narrow body aircraft, with the majority of LCC narrow body configurations being economy class seats.
Modern airlines are also focusing on reducing the overall weight of an aircraft, thereby demanding lightweight seat designs. To improve seat designs that would help reduce aircraft operational costs, seat manufacturers are investing in research and development activities.
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The commercial aviation aircraft seating market worldwide is driven by factors such as increase in the demand for seat customization in terms of passenger comfort, and increasing passenger growth rate. Growth in this market will continue to depend largely on passenger travel, as an increase in the number of passengers will increase the number of aircraft and cabin seats in commercial aircraft.
The market size for economy class seats is estimated to be the highest from 2014 to 2019 compared to other cabin seats.
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This report comprehensively covers the European commercial aviation aircraft seating market, which has been segmented on the basis of aircraft type, seat type, fit, and countries. The major seat types include suite class, first class, business class, premium economy class, and economy class. By fit, the market has been categorized into retro fit and line fit. The major countries covered in the report are the U.K., France, and Germany.
Related Report:
North America Aviation Aircraft Seating
The North American aircraft seating market is expected to grow at a CAGR of 3.1%. This report segments the aircraft seating market for commercial aircraft seating by aircraft types, seat types, and regions. The various market dynamics that are expected to shape the growth of the aircraft seating industry are explained in this report.
http://www.micromarketmonitor.com/market/north-america-aviation-aircraft-seating-6668819764.html
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