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(Transportation-News.com, January 12, 2019 )
Stratview Research has published a new research report on Aircraft Cabin Upgrades Market. This extensive 233-page report by Stratview Research analyses the growth of Aircraft Cabin Upgrades Market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023 under the following segments -
● by Aircraft Type (Commercial Aircraft, Regional Aircraft, and Others)
● by Application Type (Cabin Connectivity, Painting, and Others)
● by End-user Type (Passenger Airlines, Freighter Companies, and Others)
● and by Region (North America, Europe, Asia-Pacific, and RoW)
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Exceptional interior with an excellent use of space
The prospects of aircraft cabin upgrades market seem attractive and offer favorable growth opportunities for the market stakeholders in the foreseen future. The global aircraft cabin upgrades market is projected to grow at a healthy rate over the next five years to reach US$ 8,926.2 million in 2023. There are several factors collectively driving the demand for cabin upgrades in the aircraft industry.
Introduction of advanced aircraft is the biggest growth driver of the aircraft cabin upgrades market. The latest fuel-efficient variants, such as A320neo, B777x, and B737 Max, have an exceptional interior with an excellent use of space to squeeze the number of seats. This is compelling airlines and leasing companies to upgrade their existing aircraft fleet to provide a uniform feel and to maintain the brand image across their fleet.
Aircraft OEMs are introducing upgraded products/technologies
Another factor driving the growth of aircraft cabin upgrades is advancement in products/technologies. Aircraft OEMs are introducing upgraded products/technologies in order to provide maximum comfort to the passengers. Large overhead bins, new connectivity systems, and compact slim seats are some of the noticeable advancements in the market. Airlines and leasing companies are increasingly preferring these advancements and are incorporating these in their existing aircraft fleet. For instance; both, Boeing and Airbus, have introduced large overhead bins for their B737 max and A320neo, respectively.
Top market players
The supply chain of this market comprises raw material suppliers, cabin upgrade component manufacturers, cabin upgrade service provider, MRO companies, aircraft OEMs, airlines, and leasing companies. Some of the major cabin upgrades companies are AAR Corp, Air France Industries and KLM Engineering & Maintenance, Boeing Global Services, Diehl Aviation Laupheim GmbH, Jet Aviation AG, Lufthansa Technik AG, SR Technics, and Singapore Technologies Engineering Ltd (ST Engineering).
Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research.
Stratview Research
Ritesh Gandecha
+1-313-307-4176
sales@stratviewresearch.com
Source: EmailWire.Com 
Source: EmailWire.com
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