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Aircraft Cabin Interior Market Size, Business Analysis and Major Companies in Industry

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Aashi Kohli
Aircraft Cabin Interior Market Size, Business Analysis and Major Companies in Industry

The report aircraft cabin interior market report focuses and elaborates on the definition, types, applications, and major players in detail. Deep analysis of aircraft cabin interior market status, competition pattern, enterprise, advantages and disadvantages of enterprise Products, industry development trends, regional industrial layout characteristics, and macroeconomic policies, industrial policy has also been studied and provided within the synopsis. 

The aviation industry has incurred a revenue loss of around USD 27.06 billion this year. This, in turn, will negatively impact the growth of the market. The global aircraft cabin interior market size is predicted to reach USD 35.36 billion by 2027, exhibiting a CAGR of 11.8% during the forecast period. The following market is expected to decline significantly in 2020 due to the COVID-19 impact and hence the 2020-2027 CAGR is high. 

One of the major aircraft cabin interior market trends involves the innovation in cabin design and technologies by OEMs. The growing emphasis on cabin storage technology along with hardware technologies such as Active Noise Control technology, seat automation, air filtration system, and development of new material and components for different aircraft cabin interior systems will bolster healthy growth of the market during the forecast period.

Moreover, the introduction of IoT for cabin crew members in aircraft will subsequently aid the expansion of the market in the forthcoming years. In addition, the rising development and innovation in aircraft to enhance passengers' experience by leading market players will favor market growth in the foreseeable future. 

The Report Lists the Main Companies in the Aircraft Cabin Interior Market:

  • Astronics Corporation
  • Cobham PLC
  • Collins Aerospace (United Technologies Corporation)
  • Diehl Stiftung & Co. Kg
  • Global Eagle Entertainment Inc.
  • Gogo Inc.
  • Haeco Americas
  • Honeywell International Inc.

Key Development:

March 2019 – RECARO Aircraft Seating, an independent division of RECARO Holding GmbH headquartered in Germany, announced the investment of USD 74.02 million for the research and development of business class seating.

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