The global aircraft cabin interior market is predicted to expand significantly at a CAGR of 11.26% over the forecast period i.e. 2016-2023. Moreover, the market of aircraft cabin interior accounted for USD 15.52 Billion in 2015 and is further estimated to garner USD 28.12 Billion by 2023. The demand for in-flight entertainment systems are predicted to witness a significant growth in near future, owing technologically advancement in aircraft interiors and modification of cabin components. The seats segment is predicted to account for highest share of 27.5% of the overall market of aircraft cabin interiors over the forecast period.
North America accounted the highest market share of 45% in terms of revenue in overall market of aircraft cabin interior across the globe. North America region is expected to continue its dominance over the forecast period i.e. 2016-2023 due to increasing air traffic and sales of commercial jet across the region.
On the other hand, Asia-Pacific is expected to be the second largest share contributor across the globe in the market of aircraft cabin interior due to presence of emerging nations such as India, China, etc., rising adoption advanced technology and positive increase in GDP figure.
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Global aircraft cabin interior market is expected to witness a lucrative growth in near future owing to rise in air traffic across the globe and growing trend of in-flight entertainment. In, addition to this, product innovation and increase in number of aircrafts are likely to grow need of refurbishment and maintenance in order to provide better services to the passengers.
Rapid growth in urbanization and increasing globalization are estimated to attract more passengers for flight journeys in order to save time, availability of striking and durable interiors for aircraft cabin are some of the aspects which are likely to throw a positive impact on the growth of aircraft cabin interior market in near future.
Market Segmentation
Our in-depth analysis segmented the global aircraft cabin interior market in the following segments:
By Product
Flooring
Sidewalls/Liners
Carts
Overhead Bins
Seats
Lavatory
Monuments
Juicers
Windows
Windshields
Others
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By Application
Seating System
Galley
Cabin & Structure
Equipment and System
In-flight Entertainment Systems
By Aircraft Type
Narrow Body Aircraft
Wide Body Aircraft
Large Body Aircraft
By Cabin Class
First Class
Business Class
Economy Class
Others
Glass Door Merchandisers
Others
By Fit
In-line fit
Retro fit
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