Global aircraft seat actuation system market stood at USD100.94 million in 2020 and it is expected to grow at a CAGR of around 7.01%, in value terms, over the next five years, on the back of growing passenger air travel, need for lightweight and durable seats equipped with advanced seat actuation systems, and the increasing rate of replacement of existing aircraft seats across the world. Furthermore, the market is projected to be valued at USD148.64 million in 2026. To make the flying experience finer, aircraft manufacturers are increasingly mounting up better quality cabin seats that are lighter in weight and are built of superior quality with state-of-the-art seat actuation systems. These advanced aircraft seat actuation systems increase the comfort level of the passengers traveling in the aircraft as well as reduces the overall weight of the aircraft without compromising on the safety standards. The reduced weight of the aircraft helps the aircraft to run economically for larger distances, making the flight experience affordable for masses.
Apart from the reduced weight, the demand for aircraft seat actuation systems that are technologically advanced is also increasing. This advanced seat actuation system enriches the flight experience of air travellers by allowing users
The spread of the COVID-19 pandemic has created both a public health crisis and an economic crisis across the world. With passenger air traffic put to halt,
Some of the major players operating globally in aircraft seat actuation system market are
Collins Aerospace, ITT inc, Safran Electronics & Defense, Bühler Motor Gmbh, Crane Co., Meggitt Plc. Apart from these organizations, companies like BAE Systems PLC, MOOG Inc., Kid-Systeme Gmbh, Leeair Inc., Maxon Motor AG are also increasing their marketing activities and enriching product portfolio across the globe to increase their customer outreach.
Years considered for this report
Historical Years2016-2019
Base Year2020
Estimated Year2021
Forecast Period2022-2026
Objective of the Study
To assess the demand-supply scenario of aircraft seat actuation system which covers production, demand, supply, and net inventory status of aircraft seat actuation system globally.
To analyze and forecast the market size of
To classify and forecast global
To identify drivers and challenges for global
To conduct the pricing analysis for aircraft seat actuation system
To identify and analyze the profile of leading players involved in the manufacturing of
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To perform the study, MIR conducted primary as well as exhaustive secondary research. Initially, MIR prepared an exhaustive list of
MIR calculated the market size for
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Research and Consulting Firm
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as aircraft seat