LONDON--(BUSINESS WIRE)--The global commercial aircraft curtains market is expected to post a CAGR of more than 8% during the period 2019-2023, according to the latest market research report by Technavio.
A key factor driving the growth of the global commercial aircraft curtains market is the creation of new air routes to tap market potential. Airlines across the world are constantly seeking new ways to improve their revenue stream, which includes the launch of services on new routes to cater to untapped markets. The launch of new routes is bolstering the entire aviation infrastructure including the increased participation by regional component manufacturers in scheduled and unscheduled maintenance. This also encourages new procurement or cabin retrofitting by airline operators to offer commercially viable services to customers, which would subsequently boost the commercial aircraft curtains market during the forecast period.
As per Technavio, the use of innovative acoustic textiles in aircraft will have a positive impact on the market and contribute to its growth significantly over the forecast period. This global commercial aircraft curtains market 2019-2023 research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.
Global commercial aircraft curtains market: Use of innovative acoustic textiles in aircraft
An aircraft is subjected to many forms of noises which can affect the health of passengers. Moreover, the aircraft also includes numerous other non-aircraft-originating noise sources such as passenger activities, and crew announcements and activities.
With the rising demand for a quieter and more comfortable flying experience, airlines demand planes with reduced cabin noise. Aeroplane manufacturers rely on acoustic fabrics for soundproofing the cabin., Curtains and fabric panels are an economical tool to moderate sound absorption. Thus, the growing use of innovative acoustic textiles in aircraft will boost the growth of the commercial aircraft curtains market during the forecast period.
“Rising consumer demands with respect to an improved flying experience have led to cabin retrofitting activities, which emerge as a more cost-effective solution when compared to procuring new aircraft. The modernization of fleets will result in the increased demand for redesigning of the entire cabin layout, which will contribute to the growth of the commercial aircraft curtains market during the forecast period,” says a senior research analyst at Technavio.
Global commercial aircraft curtains market: Segmentation analysis
This market research report segments the global commercial aircraft curtains market by end-user (widebody, narrowbody, and regional aircraft) and geographic regions (APAC, North America, Europe, MEA, and South America).
The APAC region led the market in 2018, followed by North America, Europe, MEA, and South America respectively. The market growth in APAC can be attributed to the rising demand for new narrowbody aircraft units. China, Japan, India, South Korea, Australia, and Singapore are the major contributors to the growth of the commercial aircraft curtains market in the region.
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Some of the key topics covered in the report include:
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Market definition
- Market size and forecast
Five Forces Analysis
- Regional comparison
- Key leading countries
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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