The Europe Commercial Aircraft Cabin Interior Market size was valued at USD XX Billion in 2022 and is expected to surpass USD XX Billion by 2031, expanding at a CAGR of 2.27% during the forecast period, 2023 – 2031. The growth of the market is attributed to increasing requirement of solutions to improve passenger travel experience.
The aircraft cabin interior is an important aspect of any aircraft, providing passenger a comfortable, secure, and more pleasing environment at high altitude. Most of the times, at higher altitudes, passenger may feel uncomfortable or insecure, which can result in worst travel experience. Therefore, to enhance the passenger travel experience, airline operators are focusing on modernization of cabin interior, such as windows, gallery, seats, in-flight entertainments, lavatory, storage bins, aircraft interior panels, and others.
The aircraft cabin interior market is majorly driven by original equipment manufacturers and cabin designers to integrate new technology to enhance travelers comfort. This is not only limited to safety but a step toward green aviation. Industry players are focusing on various hardware technology and innovations such as noise cancellation, seat automation, and air filtration systems.
Market Trends, Drivers, Restraints, and Opportunities
Growing demand for regional aviation transport and short haul flights is expected to drive the market growth in the projected timeline.
Upgradation and modernization of commercial aircraft cabin interior design is anticipated to drive the market growth in Europe.
Increasing number of air passenger traffic in the region is estimated to spur the market growth in the latter half of the forecast period.
The outbreak of COVID-19 hampered the financials of airline operators, which created challenges for the market growth in the projected timeline.
Rising demand for advanced aircraft systems and components such as wireless in-flight entertainment system & connectivity, LED cabin lights, and comfortable light weight cushion structure can create lucrative opportunities for market players during the forecast period.
Scope of the Report
The report on the Europe 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.
Europe commercial aircraft cabin interior market - Industry Analysis, Growth, Share, Size, Trends, and Forecast
Product Types (In-flight Entertainment and Connectivity Systems, Galleys and Lavatories, Seats, Cabin Lighting, Windows, and Other Product Types), Classes (Economy and Premium Economy Class, Business Class, and First Class), and Fits (Retrofit and Line-fit)
France, Spain, Russia, The UK, Germany, and Rest of Europe
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report
Thales Group; Panasonic Corporation; ASafran SA; Honeywell International Inc.; and Collins Aerospace (Raytheon Technologies Corporation).
Europe Commercial Aircraft Cabin Interior Market Segment Insights
Seat segment is expected to grow at a rapid pace
Based on product types, the market is divided into in-flight entertainment and connectivity systems, galleys and lavatories, seats, cabin lighting, windows, and other product types. The seats segment is expected to grow at a rapid pace during the forecast period. Increasing demand for comfortable, connected, and re-configurable seat configuration from all aircraft classes is expected to propel the market growth.
Economy and premium economy class segment is projected to expand at a considerable CAGR
On the basis of classes, the market is segregated into economy and premium economy class, business class, and first class. The economy and premium economy class segment is projected to expand at a considerable CAGR during the forecast period the growth is attributed to rising demand for customers for premium economy seats.
Retro-fit segment is expected to grow at a rapid pace
In terms of fits, the market is segmented into retro-fit and line-fit. The retro-fit segment is anticipated to grow at a rapid pace during the forecast period owing to continuous investments in the modernization of cabins to provide better journey experience.
The UK is anticipated to hold a key market share
Based on geography, the Europe commercial aircraft cabin interior market is classified as France, Spain, Russia, the UK, Germany, and Rest of Europe. The market in the UK is expected to constitute a key share of the market during the forecast period. Airlines such as Virgin Atlantic and Easy Jet are planning to modernize and expand their aircraft fleets, which is expected to propel the market growth in the country.
The Europe commercial aircraft cabin interior market has been segmented on the basis of
- Inflight Entertainment and Connectivity Systems
- Galleys and Lavatories
- Cabin Lighting
- Other Product Types
- Economy and Premium Economy Class
- Business Class
- First Class
- The UK
- Rest of Europe
- Thales Group
- Panasonic Corporation
- ASafran SA
- Honeywell International Inc.
- Collins Aerospace (Raytheon Technologies Corporation)
Key players competing in the Europe commercial aircraft cabin interior market are Thales Group; Panasonic Corporation; ASafran SA; Honeywell International Inc.; and Collins Aerospace (Raytheon Technologies Corporation).
Some of the key players are focusing on technology advancements and research & development to leverage their market position.