MEA Aircraft Seating Market Size, Industry Trend Report 2031

MEA Aircraft Seating Market Size, Industry Trend Report 2031

Segments - Middle East and Africa Aircraft Seating Market by Aircraft Types (Wide-body Aircraft, Narrow-body Aircraft, and Regional Aircraft), Fit (Line-fit and Retrofit), Seat Types (Economy and Premium Economy Class, Business Class, and First Class), and Geographies (UAE, Saudi Arabia, South Africa, Turkey, and Rest of Middle East and Africa) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023–2031

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Author : Raksha Sharma
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Upcoming | Report ID :AD-1058 | 4.1 Rating | 81 Reviews | 170 Pages | Format : PDF Excel PPT

Report Description


Middle East and Africa Aircraft Seating Market Outlook 2031

The Middle East and Africa Aircraft Seating Market size was USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of 5% during the forecast period, 2023–2031. The growth of the market is attributed to the rising number of air passenger traffic.

Airlines in the region are planning fleet expansion owing to increase in the air traffic. This, in turn, have provided lucrative opportunities for industry players in the market. To enhance the passenger experience and maximize their profit, aircraft operators are incorporating lightweight material seats, with features, such as inflight power supply. Thus, such innovation is expected to open numerous market opportunities for the market in the coming years.

Middle East and Africa Aircraft Seating Market Outlook

  • Rising disposable income is driving the growth of the market.
  • The COVID-19 pandemic resulted in restriction on travel tourism across the globe, which hampered the growth of the market. However, the market is expected to recover by end of 2021.
  • Growing number of low-fare airline operators is expected to propel the market growth.

Scope of Middle East and Africa Aircraft Seating Market Report

The report on the Middle East and Africa Aircraft Seating Market includes an assessment of the market, trends, segments and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Aircraft Seating Market - Middle East and Africa Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Aircraft Types (Wide-body Aircraft, Narrow-body Aircraft, and Regional Aircraft), Fit (Line-fit and Retrofit), Seat Types (Economy and Premium Economy Class, Business Class, and First Class)

Geography

UAE, Saudi Arabia, South Africa, Turkey, and Rest of Middle East and Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

STELIA Aerospace (Airbus SE), RECARO Holding GmbH, Hong Kong Aircraft Engineering Company Limited (HAECO), Collins Aerospace (Raytheon Technologies Corporation), and Safran SA

Middle East and Africa Aircraft Seating Market Segment Insights

Narrow-body aircraft segment to hold a major market share

Based on aircraft types, the market is segregated as wide-body aircraft, narrow-body aircraft, and regional aircraft. The narrow-body aircraft segment is anticipated to hold a major market share during the forecast period. This growth is due to the increasing demand for narrow-body aircrafts from major LCC and FSC airlines, such as Qatar Airways and Air Arabia.

As a part of the global expansion plan, Air Arabia placed an order worth USD 14 billion for 120 A320 aircraft. This order included the requirement for 70 A320neo and 50 A321 XLR and A321 Neo. The new aircrafts are scheduled to arrive by 2024, and they may be used for the expansion of the airline’s network to new destinations.

The airlines in collaboration with Etihad Airlines, announced its plans to launch a joint venture company to tap into the growing demand for budget travel in the UAE. Qatar Airlines has also ordered 45 to 50 narrow-body aircraft. Increasing demand for new narrow-body aircrafts is anticipated to drive the market segment.

Middle East and Africa Aircraft Seating Market Aircraft Types

Retrofit segment to account a significant market share

Based on fit, the market is divided as line-fit and retrofit. The retrofit segment is projected to account for a significant market share during the forecast period. The market growth is owing to the rising demand for retrofit seating in the aircrafts.

The retro seating is more preferred by airline companies owing to the enhanced comfort it offers to passengers. The expansion of new aircraft seat manufacturers into the retrofit segment is also anticipated to propel the market growth in the coming years.

Economy and premium economy class segment to grow at a rapid pace

Based on seat types, the market is classified as economy and premium economy class, business class, and first class. The economy and premium economy class segment is projected to grow at a rapid pace during the forecast period. Rising demand for economy and premium economy class seats in aircrafts by airplane manufacturing companies, as they occupy the major portion of the seating in aircrafts is propelling the market segment.

Middle East and Africa Aircraft Seating Market Seat Types

UAE to dominate the market

Based on geographies, the market is divided into UAE, Saudi Arabia, South Africa, Turkey, and Rest of Middle East and Africa. United Arab Emirates is expected to dominate the aircraft seating market during the forecast period.

Increasing demand for aircraft seating is attributed to the growing procurement of new aircrafts, which is due to the rising air passenger traffic. Increasing demand for soft and comfortable seating for all the classes in an aircraft is encouraging the airlines in the region to replace their existing seats with new seats.

Segments

The Middle East & Africa seating market has been segmented on the basis of:

Aircraft Types

  • Wide-body Aircraft
  • Narrow-body Aircraft
  • Regional Aircraft

Fit

  • Line-fit
  • Retrofit

Seat Types

  • Economy
  • Premium Economy Class
  • Business Class
  • First Class

Geographies

  • UAE
  • Saudi Arabia
  • South Africa
  • Turkey
  • Rest of Middle East and Africa

Key Players

Competitive Landscape

Some of the prominent players in the market are STELIA Aerospace (Airbus SE), RECARO Holding GmbH, Hong Kong Aircraft Engineering Company Limited (HAECO), Collins Aerospace (Raytheon Technologies Corporation), and Safran SA

Middle East and Africa Aircraft Seating Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Aircraft Seating Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Aircraft Seating Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Aircraft Seating Market - Supply Chain
  4.5. Global Aircraft Seating Market Forecast
     4.5.1. Aircraft Seating Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Aircraft Seating Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Aircraft Seating Market Absolute $ Opportunity
5. Global Aircraft Seating Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Aircraft Seating Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Aircraft Seating Demand Share Forecast, 2019-2026
6. North America Aircraft Seating Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Aircraft Seating Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Aircraft Seating Demand Share Forecast, 2019-2026
7. Latin America Aircraft Seating Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Aircraft Seating Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Aircraft Seating Demand Share Forecast, 2019-2026
8. Europe Aircraft Seating Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Aircraft Seating Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Aircraft Seating Demand Share Forecast, 2019-2026
9. Asia Pacific Aircraft Seating Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Aircraft Seating Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Aircraft Seating Demand Share Forecast, 2019-2026
10. Middle East & Africa Aircraft Seating Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Aircraft Seating Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Aircraft Seating Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Aircraft Seating Market: Market Share Analysis
  11.2. Aircraft Seating Distributors and Customers
  11.3. Aircraft Seating Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. STELIA Aerospace (Airbus SE) RECARO Holding GmbH Hong Kong Aircraft Engineering Company Limited (HAECO) Collins Aerospace (Raytheon Technologies Corporation) Safran SA

Methodology

Our Clients

Nestle SA
Siemens Healthcare
Dassault Aviation
General Electric
Honda Motor Co. Ltd.
General Mills
FedEx Logistics
sinopec