Asia Pacific Commercial Aircraft Cabin Interior Market

Asia Pacific Commercial Aircraft Cabin Interior Market Outlook 2031

The Asia-Pacific commercial aircraft cabin interior market size was USD 1.20 Billion in 2022 and is expected to reach USD 3.18 Billion by 2031 expand at a CAGR of 11.42% during the forecast period, 2023–2031. The growth of the market is attributed to improve passenger travel experiences at high altitude by offering safe and comfortable environments.

Aircraft cabin interior is visual and structural type of environment that a traveler will experiences. The main purpose of commercial aircraft cabin is to serve passengers convenience and comfort throughout the journey. Moreover, the airlines are putting in in-flight live screening, mood lighting, and new fiber chairs that can be adjusted manually via an app.

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The new era of luxury travel necessitates all firms regularly analyze and respond to changing customer expectations while they travel by plane. In addition, the Asia-Pacific region's significant expansion in air passenger traffic has prompted multiple new aircraft acquisition programs. As each airline customizes the interiors of its aircraft according to its own particular theme, the number of orders filed by airlines increases the commercial possibilities for aircraft interiors.

The COVID-19 pandemic has decreased demand of passenger travel and significantly impacting the aviation business around the world. The total demand for aviation electrical systems is largely determined by aircraft deliveries in each area of the world. Furthermore, the technology developed by the former firm would improve the cleaning and protection of aircraft cabin equipment in order to improve the eradication of viruses and germs such as the COVID-19.

Commercial Aircraft Cabin Interior Market Trends, Drivers, Restraints, and Opportunities

• Increasing demand of attractive interior and refurbishment of old fleet drives the market growth.
• Growing air passenger traffic increases the demand of new air crafts, which in turn propel the market expansion.
• Increasing disposable income and adoption of good lifestyle boost the market growth during the forecast period.
• Availability of various mode of transportation can hinder the market expansion in the coming years.
• High initial investment and insecure financial position hamper the market growth.
• Rising demand for defense aircraft creates lucrative opportunities for the market expansion in the coming years.

Scope of The Commercial Aircraft Cabin Interior Market Report

The report on the Asia-Pacific commercial aircraft cabin interior market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Commercial Aircraft Cabin Interior Market Segment Insights

Retrofit segment to expand at a considerable CAGR

On the basis of fits, the Asia-Pacific commercial aircraft cabin interior market is bifurcated into retrofit and linefit. The retrofit segment is projected to expand at a considerable CAGR during the forecast period, due to the rise in demand for hygienic and clean cabin interior for a safe and comfortable passenger experience.

On the other hand, the linefit segment is anticipated to account for a major market share during the forecast period owing to the improved functionality and passenger experience.

Business Class segment to hold a significant share of the market

In terms of classes, the Asia-Pacific commercial aircraft cabin interior market is divided into economy class, premium economy, first-class, and business class. The business class segment is expected to hold a significant share of the market in the coming years ascribed to rising demand for aesthetically advanced aircraft cabin interiors.

However, the first-class segment accounts for a significant market share due to rising tourism and an increase in the number of business travelers.

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Inflight Entertainment Systems segment to grow at a high rate during the forecast period

Based on product types, the market is segregated into cabin lighting, inflight entertainment systems, windows, galleys & lavatories, seats, and others. The inflight entertainment systems segment is expected to grow at a high rate during the projected period owing to increasing demand for personalized entertainment system and 4K HDR displays.

Moreover, the cabin lighting segment is expected to be the fast-growing segment during the forecast period due to the growing need of non-electrical floor path lighting in case of cabin lights failure.

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China is anticipated to constitute a key market share

In terms of geography, the Asia-Pacific commercial aircraft cabin interior market is classified as China, India, South Korea, Japan, and Singapore. China is expected to constitute a key share of the market during the projected period owing to increased demand for domestic air travel.

China's commercial aviation business is rapidly changing to accommodate the dramatic increase in air passenger volume. However, the market of India is anticipated to expand at a rapid pace during the forecast period due to the increased investment are seeing in tourist sector and MRO services.

Segments

Fits

• Retrofit
• Linefit

Classes

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

Product Types

• Cabin Lighting
• Inflight Entertainment Systems
• Windows
• Galleys & Lavatories
• Seats
• Others

Geography

• China
• India
• South Korea
• Japan
• Singapore

Key Players

• Thales Group
• Collins Aerospace (Raytheon Technologies Corporation)
• Safran SA
• Honeywell International Inc.
• Panasonic Corporation

Competitive Landscape

Key players competing in the Asia-Pacific commercial aircraft cabin interior market are Thales Group; Collins Aerospace (Raytheon Technologies Corporation); Safran SA; Honeywell International Inc.; and Panasonic Corporation

The market's providers are concentrating on creating visually pleasing and high-performance cabin interior systems through design, engineering, and manufacturing. As a result, economic variables and other developments that affect the aerospace sector, such as probable market consolidation through aircraft OEMs' backward integration initiatives, have a direct impact on the market. Market participants' revenues are likewise cyclical, as they are dependent on aircraft sales to commercial airlines.