DALLAS, 31 March 2014. The total commercial aircraft cabin interior market is expected to reach $17,194.9 million in 2019, according to a new market research report published by MarketsandMarkets in Dallas.
The report is titled: "Commercial Aircraft Cabin Interior Market by Aircraft Type (Narrow Body Aircraft, Wide Body Aircraft, Very Large Aircraft , Business General Aviation), Product (Seat, Light, IFEC, Windows & Windshield, Galley & Monument , Lavatory), Fit (Linefit, Retrofit), & Geography (North America, Asia-Pacific, Europe, The Middle East, Latin America, Africa, Row) - Forecast & Analysis to 2014–2019.”
The global market for commercial cabin interior market is estimated at $12,852.96 million in 2014, and expected to reach $17,194.9 million in 2019. The “Commercial Aircraft Cabin Interior Market” report includes several technologies, including in-flight entertainment and connectivity/communication (IFEC) systems, cabin lights and windshields, galleys, monuments, and more.
Shreeja Bakare, research associate, Aerospace and Defense business unit at MarketsandMarkets reveals that the largest share of the commercial aircraft cabin interior market is held by North America and Asia-Pacific, the Middle East, and Latin America are expected to be the fastest growing regions, mainly due to the rising number of aircraft orders and increasing air travel.
Driving factors include greater demand for cabin customization with respect to passenger comfort and increasing passenger growth rate worldwide. Growth in this market will continue to depend largely on passenger travel; increases in passenger numbers will increase the number of commercial aircraft and cabin seats. The cabin seats market size is estimated to be the highest in the forecast period 2014 to 2019 compared to other cabin interior products.
The major challenges for this particular industry will be to control emissions from aircraft, poor quality of equipment, and increases in fuel prices.