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(Transportation-News.com, November 14, 2018 )
Stratview Research announces the launch of a new market research report on Aircraft Overhead Stowage Bins Market by Aircraft Type (Narrow-Body Aircraft, Wide-Body Aircraft, Very Large Body Aircraft, and Regional Aircraft), by Aircraft Program Type (B737, B777, B787, A320 Family, A330/A340, A350XWB, A380, B737 Max, B777x, A320neo, A330neo, E175, C Series, and Others), by Bin Type (Shelf Bin, Pivot Bin, and Translating Bin), by Board Type (Inboard and Outboard), by Fit type (Line Fit and Retrofit), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2018-2023
The Aircraft Overhead Stowage Bins Market: Highlights
The aircraft stowage bins market offers healthy growth opportunities over the next five years to reach an estimated value of US$ 501.3 million in 2023. Increasing commercial aircraft deliveries, the introduction of fuel-efficient variants of existing aircraft programs, an advancement in bin design, and growing aircraft fleet size are the key factors that are driving the demand for overhead stowage bins in the aircraft industry over the next five years.
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Both Boeing and Airbus are developing new stowage bins by carving out every single centimeter of space in such a way that the aircraft will accommodate more number of rollaboard bags in it. For instance: Boeing developed large pivot bins for its Sky Interior design in 2010 which is used in the smaller B737 fuselage. Also, major tier players are working with OEMs for developing overhead stowage bins, which are lightweight, aesthetically good, and large in size to accommodate more number of rollaboard bags in the cabin.
The key overhead stowage bin manufacturers are Zodiac Aerospace, FACC AG, Boeing Interior Responsibility Center, Jamco Corporation, and Aim Altitude. New product development, collaboration with OEMs, and long-term contracts are some of the key strategies adopted by the major players to gain a competitive edge in the market. All the players are developing larger and lightweight bins that can accommodate a large number of rollaboard bags.
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Source: EmailWire.Com
Source: EmailWire.com
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