MarketResearch.biz delivers in-depth insights on the global aircraft seat actuation systems market in its upcoming report titled, “Global Aircraft Seat Actuation Systems Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global aircraft seat actuation systems market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2026. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global aircraft seat actuation systems market report has been segmented on the basis of passenger class, mechanism, actuator type, and region.
Actuation systems are the elements of control systems which are responsible for transforming the output of a microprocessor or control system into a controlling action on a machine or device.
Technological advancements in seating system and increasing preference for air travel by individuals for longer and shorter duration in developed and developing countries are major factor driving growth of the global aircraft seat actuation systems market. In addition, rising disposable income and changing lifestyle pattern of individuals and growing preference for premium air class tickets that provide comfort during long distance journey are other factors expected to boost growth of the global aircraft seat actuation systems market. Moreover, deployment of advanced seating solution in modern aircraft due to various advantages of actuation system such as light weight, power on demand, energy efficient, precise position, speed and force control, smooth motion, etc. is another factor expected to support growth of the global aircraft seat actuation systems market.
However, high manufacturing and maintenance cost are major factors restraining growth of the global aircraft seat actuation systems market. In addition, high air freight charges in developing countries is another factor expected to challenge growth of the global aircraft seat actuation systems market to certain extent.
Technological advancements and increasing R&D activates by manufacturers is expected to present new opportunities in terms of revenue to players operating in the global aircraft seat actuation systems market over the forecast period.
Europe market is expected to hold major revenue share in the global aircraft seat actuation systems market as compared to that of the other regional markets, and is expected to continue its dominance during the forecast period. This can be attributed to increasing air travel and presence of prominent players operating in countries in this region. North America market accounts for significant revenue share in the global aircraft seat actuation systems market followed by markets in Asia Pacific, Latin America and Middle East & Africa respectively. The market in Asia Pacific is projected to register fastest growth in terms of revenue, owing to increasing disposable income among individuals, increasing preference for premium air tickets for comfort during long distance journey and increasing trade related activities in countries such as India and China in emerging economies in this region.
Global Aircraft Seat Actuation Systems Market Segmentation:
By Passenger Class:
- Economy plus
- First class
By Actuator Type:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- ITT Corporation
- Nook Industries Inc.
- Moog, Inc.
- Rollon S.P.A.
- Shandong Jinglu Industrial Control System Co. Ltd.
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