DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/trwvmd/aircraft_seat) has announced the addition of the "Aircraft Seat Actuation Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021" report to their offering.
The market is expected to reach 382.2 million in 2021 growing at a CAGR of 13.1% from 2015 to 2021. The increasing demand for premium air travel is driving the growth for commercial aircrafts. This in return is raising the demand for seat actuation systems. Furthermore, the rising awareness for ergonomic seat designs is fuelling the growth for the seat actuation system market.
Geographically, the market has been segmented into North America, Asia Pacific and Rest of the World. The market is being driven due to growing number of aircraft orders in order to cater to the increasing demand for air travel across the globe. This in return is driving the growth for seat actuation system. Furthermore, the need for ergonomic seat designs in order to avoid neck and back pain in long distance air travel is also fuelling the growth for aircraft seat actuation systems.
Europe is leading the global seat actuation system market in 2015 and is expected to dominate the market during the forecast period. The dominance is attributed to the large presence of seat actuation system manufacturers in this region. Europe is followed by North America accounting for around 30% of the global market. However, Asia Pacific has been analyzed to be the fastest growing region during the forecast period. The presence of major economies such as India and China is driving the growth this market due to increase in air travel.
Furthermore, the market has been segmented by types into economy, economy plus, business and first class type seating systems. Business class has the highest market share in 2015 and expected to grow steadily during the forecast period. The growth is due to the increase in demand for premium air travel across all the regions.
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Market overview
Chapter 4 Global Aircraft Seat Actuation Systems Market Analysis, by Type, 2014-2021 (USD Million)
Chapter 5 Global Aircraft Seat Actuation Systems Market Analysis, by Mechanism, 2014-2021 (USD Million)
Chapter 6 Global Aircraft Seat Actuation Systems Market Analysis, by Actuator Type, 2014-2021 (USD Million)
Chapter 7 Global Aircraft Seat Actuation Systems Market Analysis, by Geography,2014-2021 (USD Million)
Chapter 8 Company Profiles
- B/E Aerospace
- Bühler Motor GmbH
- Crane Aerospace & Electronics, Inc.
- Dornier Technologie GmbH & Co. KG
- ITT Corporation
- Moog Inc.
- Nook Industries, Inc.
- PGA Electronics S.A.
- Rollon S.P.A
- Zodiac Aerospace S.A.
For more information visit http://www.researchandmarkets.com/research/trwvmd/aircraft_seat