DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/hwc66l/global_commercial) has announced the addition of the "Global Commercial Aircraft Cabin Interior Market 2014-2018" report to their offering.
The Global Commercial Aircraft Cabin Interior market to grow at a CAGR of 4.72% over the period 2013-2018.
The interior of an aircraft cabin consists of lights, IFEC, seats, windows, windshield, and others, including the galley and monument, and lavatory. The use of lights, upholstery, color combinations, and other value add-ons add to the overall look of an aircraft's interior.
Rise in demand for low-cost carriers is one of the key trends emerging in this market. In recent years, the demand for LCCs has been increasing, especially in the APAC region, because of the cost-effective business model of LCCs. LCCs are positioned in between full-service airlines and road transportation as they cost a fraction of full-service airlines but save time spent traveling by other modes of transportation.
According to the report, improved economic growth and urbanization have resulted in a rise in air travel, and are one of the main drivers of the Global Commercial Aircraft Cabin Interior market. The demand for air travel, especially from the Premium Customer segment, has triggered many innovations in the in-flight entertainment and communication segment.
Further, the report states that rapid technological changes constitute one of the major challenges that the market vendors are expected to face. Airline operators find it difficult to implement changes to the interior of aircraft because they feel that the technology may soon become obsolete. Technological changes help airlines incorporate enhanced capabilities into their aircraft so they can perform advanced tasks more efficiently.
The Global Commercial Aircraft Cabin Interior market can be segmented into five divisions:
- In-flight Entertainment and Communications
- Windows and Windshield
- Others (Galley and Monument, and Lavatory).
- B/E Aerospace
- Honeywell International
- Zodiac Aerospace
For more information visit http://www.researchandmarkets.com/research/hwc66l/global_commercial