Aircraft Interiors Market

Date: 2016-05

Aircraft Interiors includes all the products and components which are installed in the cabin of a commercial aircraft. These components are installed to increase the passenger comfort and enhance the overall passenger experience. The market report from IndustryARC on aircraft interiors provides in-depth qualitative and quantitative analysis on all such products. The commercial aircraft interiors market is presently in a growth phase mainly due to the increase in the orders and deliveries of new aircrafts in the emerging economies and also due to the growing demand for retro-fit interiors from the North American and European regions. The market for commercial aircraft interiors was estimated to be $12billion in 2014 and is forecast to grow at a CAGR of 4.6% and reach $15.75 billion by 2020.
In the past airline customers used to consider interiors as some elements or products which provide safety, security and comfort. The key driving factors for passenger experience used to be timely departure and arrival with minimal delays. However, with the growing competition in the airlines, aircraft companies are keen on creating a differentiating factor which not only satiate the basic needs but also enhance the overall passenger experience by providing comfortable seating, in-flight entertainment and connectivity options, improved lavatory options and maintaining the mood of the passengers with improvised cabin lighting. This factor has become a key driver for the commercial aircraft interiors market. The other important driver for the interiors industry is the rising fuel costs. Manufacturers are keen to reduce the overall weight of an aircraft which in-turn can increase the fuel economy. Composite materials such as carbon fiber and glass fiber are being highly used for designing frames, panels and other interior products. The weight reduction is giving airline operators a significant advantage in reducing the fuel used/km ration and also for reducing the emissions. The regulatory standards from the European Union on fuel consumption and emission levels are driving the retro-fit markets in this region.
The market report on commercial aircraft interiors market has been segmented on the basis of the product type into seating, lighting, IFEC, galley and inserts, lavatory systems and composite frames and panels. The overall market has also been segmented based on the aircraft type into large wide body, medium wide body, small wide body, narrow body and regional jets. Based on the fitting type the overall market has been segmented into line-fit and retro-fit segments.
Competitive landscape for industry and market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio and recent developments. SRIs market is dominated by major companies, namely: B/E Aerospace (U.S.), Zodiac Aerospace (France), Diehl Aerospace (Germany), JAMCO Aircrafts Interiors Company (Japan), Thales Group (France) and United Technologies Corporation (U.S.).

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