The Asia-Pacific aircraft cabin interior market is projected to grow at a significant CAGR of 7.8% during the forecast period. There has been an increase in the preferences of the passengers to travel via air in their fast-paced lifestyle. As per the International Air Transport Association (IATA), air passengers are likely to increase in the near future and China is expected to be the world’s largest aviation market across the globe. The rapid growing aviation market will eventually increase the burden on the aircraft companies to improvise the customer’s experience and leverage the customer with all the amenities. Owing to this, there will be an increase in the demand for the enhancements of the aircraft cabin interiors and thereby it will create the scope for the market growth.
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Further, the infrastructural development across China and India, development of several new airports, launching advanced aircraft along with the contributions by the key players also drives the growth of the Asia-Pacific aircraft cabin interior market. For instance, in September 2019, China opened the Daxing International Airport, a mega-hub with the world’s biggest terminals. The fast-growing aviation market will increase the burden on the aircraft manufacturers to manufacture advanced aircraft which prominently includes the latest and enhanced aircraft cabin interiors. Thus, these aforementioned factors are likely to drive the growth of the Asia-Pacific aircraft cabin interior industry across the globe.
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Market Coverage
- Market number available for – 2019-2026
- Base year- 2019
- Forecast period- 2020-2026
- Segment Covered- By Type, By Material Type, By Class, By Aircraft Type
- Regions Covered- Asia-Pacific
- Competitive Landscape- Cobham Plc, Honeywell International, Inc., Panasonic Avionics Corp., Thales Group, BAE Systems Plc
Key questions addressed by the report
- What is the market growth rate?
- Which segment/region dominates the market in base year?
- Which segment/region will project fastest growth in the market?
- How COVID-19 impacted the market?
Ø Recovery Timeline
Ø Deviation from pre-COVID forecast
Ø Most affected region/segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Asia-Pacific Aircraft Cabin Interior Market – Segmentation
By Type
- Seating
- In-Flight Entertainment & Connectivity
- Cabin Lighting
- Galley & Lavatory
- Windows & Windshields
- Flooring
- Interior Panels
- Others
By Material Type
- Alloys
- Aluminum
- Steel
- Others
- Composites
- Carbon
- Glass
- Others
By Class
- First Class
- Business Class
- Economy & Premium Economy Class
By Aircraft Type
- Narrow Body Aircraft
- Wide Body Aircraft
- Large Body Aircraft
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
