Aircraft Cabin Interiors Market Forecasts to 2028 – Global Analysis By Product (Seating, Cabin Lightening, Windows and Windshields and Other Products), By Class (First Class, Business Class, Premium Economy Class and Economy Class), By Aircraft (Business

Aircraft Cabin Interiors Market Forecasts to 2028 – Global Analysis By Product (Seating, Cabin Lightening, Windows and Windshields and Other Products), By Class (First Class, Business Class, Premium Economy Class and Economy Class), By Aircraft (Business Jets, Regional Jets and Commercial Aircraft), By Fit (Line fit and Retrofit), By End User (Original Equipment Manufacturer (OEM), Aftermarket and Maintenance, Repair, & Overhaul (MRO)) and Geography

According to Stratistics MRC, the Global Aircraft Cabin Interiors Market is accounted for $39.8 billion in 2022 and is expected to reach $86.6 billion by 2028 growing at a CAGR of 13.8% during the forecast period. The aircraft cabin is the area of the aircraft where passengers travel. The majority of modern commercial aircraft are pressurised because cruising altitudes are so high that the surrounding atmosphere is too thin for passengers and crew to breathe. A significant portion of an airplane's interior is the cabin, which is constructed of a variety of contemporary plastic materials. Lighting systems, seats, in-flight entertainment systems, communication systems, windscreens, galleys, and restrooms are just a few of the interior cabin components.

According to the International Civil Aviation Organization (ICAO) the entry of low-cost airlines has significantly changed the dynamics of global air travel, with low-cost carriers estimated to carry 1.3 billion passengers in 2018. The expansion of this market is being aided by a rise in the demand from low-cost carriers and regional airlines for aircraft interior renovation and space optimization.

Market Dynamics:

Driver:

Increasing consumer preference for air travel

The number of passengers travelling by air increased to 3.4 billion passengers in 2015 from 3.3 billion passengers in 2014, registering a growth of 3%, according to the International Air Transport Association (IATA) report, 2015. Additionally, factors driving people to choose air travel over other forms of transportation include the tourism industry's rapid growth, an increase in international travel, higher disposable income, competitive ticket prices, and a significant decrease in travel time. As a result, airline carriers are being influenced to deploy new aircraft, which is fueling the expansion of the global aircraft cabin interior market.

Restraint:

Reducing demand for large body aircraft across the globe

Large aircrafts with multiple aisles and double decks require more products for the aircraft cabin interior. Naturally, there are many more landmarks like overhead bins, restrooms, galleys, and lighting systems than there are in narrow-body aircraft. By making use of the space that these galleys and restrooms occupy, airline carriers with fleets primarily made up of narrow-body aircraft typically increase the number of passengers that can board each flight. Because a single galley costs much more than a row of seats, demand for these galleys is therefore predicted to decline, which is predicted to impede market expansion.

Opportunity:

Growing demand for short-haul flights and regional aviation transport

The Boeing Commercial Market Outlook and Airbus Market Forecast, predict that by the end of the next ten years, there will be a significant increase in the demand for air travel. Around 200 million people are predicted to join the middle class globally, which will encourage the expansion of the market for these cabin interiors. Particularly in developed nations, the Middle East, and the Asia Pacific region, an increase in revenue passenger kilometres (RPK) will eventually surpass the annual expansion of gross domestic product (GDP). Additionally, as the number of aircraft currently in service declines, there will be a global demand for new aircraft, which will fuel the expansion of the aircraft cabin interior market over the ensuing years.

Threat:

Stringent aviation regulations and Delay in Certifications

When designing the interior system and components of an aircraft, weight and safety are two crucial considerations. The weight of the aircraft may be increased by the use of conventional materials and components in the development of this system. Therefore, the 16G seat standards that improve the protection against head injuries were established by the international authorised bodies in order to prevent accidents and improve passenger safety. The production costs of these interiors manufacturers rise as a result of strict aviation regulations. It is anticipated that rising production and raw material costs will impede market expansion.

Covid-19 Impact

The COVID-19 pandemic made it difficult for the aircraft manufacturing sector to maintain production levels, which had a negative effect on the market for aircraft cabin interiors. As a result of the decline in demand brought on by travel-related government restrictions, the market was negatively impacted during this unprecedented event. Due to fewer passengers travelling, this has also had a negative impact on the expansion of the market as a whole. The COVID-19 infection spread, according to UN statistics, caused a 60% decrease in air travel in 2020, which had an effect on the market value of the interior of aircraft cabins. Additionally, the rise in even more affordable air travel created problems for airlines with profit margins which further impacted demand. Following the COVID-19 pandemic, the market is rebounding as more people choose to fly, and the industry for making aircraft is speeding up to keep up with the backlog of deliveries.


The Business Jets segment is expected to have the highest CAGR during the forecast period

Due to the increased demand for business aircrafts around the world, the business jets segment is anticipated to have the highest CAGR during the forecast period. Business aircraft are expected to have high demand for aesthetically pleasing cabin furnishings. Moreover, the rising business tourism and an increase in business travellers around the world would be the main drivers of sector growth. Additionally, recent advancements are anticipated to enhance the experience of flying for passengers with limited agility, which will further fuel the segment expansion.
The Aftermarket segment is expected to be the largest during the forecast period

The Aftermarket segment is anticipated to be the largest during the projection period. Due to enormous size of the current fleet of commercial aircraft worldwide also necessitates prompt maintenance, repair, and overhaul. The aftermarket industry recorded the highest revenue share. Upgrades to aircraft interiors are included in the aftermarket segment. For instance, recently, Emirates decided to upgrade the interiors of all 120 or so of their A320 and B777 aircraft. Additionally, a number of industry participants have introduced exotic cabin interior designs, which has increased demand for aftermarket services.


Region with largest share:

During the forecast period, North America is anticipated to hold the largest share for aircraft cabin interiors market. The aerospace and aviation industries in the area are expanding consistently. As a result, there is now a sizable demand for aircraft cabin interior components. Additionally, many multinational corporations, including Boeing (US) and Bombardier (Canada), have their headquarters in North America has increased demand for goods used in aeroplane cabin interiors. The increased use of aircraft by airlines to meet the demand for passengers, the largest aircraft fleet size, and the presence of major OEMs are some of the factors driving the growth of the aircraft cabin interiors market in this region.

Region with highest CAGR:

During the forecast period, Asia Pacific is anticipated to grow at the fastest CAGR. The significant increase in commercial aircraft deliveries in developing nations like China and India is to blame for this growth. In addition, China is a desirable location for the development of aviation technology and facilitates the introduction of aircraft components, including cabin interior providers, into the region. This is because several leading aviation companies, most notably Airbus and Boeing, have assembly factories in this region. Additionally, the region's robust economy, numerous sizable cities, and large population base will produce abundant growth prospects for the aircraft cabin interior market.

Key players in the market

Some of the key players profiled in the Aircraft Cabin Interiors Market include Astronics Corporation, Cobham PLC, Panasonic Corporation, RECARO Holding GmbH, Collins Aerospace, United Technologies Corporation, Zodiac Aerospace S.A., HAECO Group, Bucher Group, Panasonic Avionics Corporation, Turkish Cabin Interior Inc., SCI Cabin Interiors, Diehl Stiftung & Co. Kg, Honeywell International Inc., Jamco Corporation, Safran, Thales Group, Aviointeriors S.p.A. and Geven S.p.A.

Key Developments:

In July 2021, HAECO Cabin solutions, has entered into a strategic commercial agreement with Diehl Aviation. The joint agreement will allow them to seamlessly offer all aircraft interior components including sidewalls, stowage, lighting, galleys, lavatories, seating, reconfiguration engineering, certification, and installation.

In May 2021, Collins Aerospace unveiled a new look for its Venue Cabin Management System. A new and improved Venue graphical user interface (GUI) simplifies cabin controls and has the same look on the cabin’s touch panels & the system's mobile device app.

In April 2021, JAMCO Corporation announced the launch of its newest Venture Pristine clean solution for the aircraft interior. The Venture business class seat for commercial aircraft will incorporate the latest antimicrobial and antiviral material finish solutions.

Products Covered:
• Seating
• Cabin Lightening
• Windows and Windshields
• Galley and Lavatory
• In-Flight Entertainment & Connectivity
• Other Products

Classes Covered:
• First Class
• Business Class
• Premium Economy Class
• Economy Class

Aircrafts Covered:
• Business Jets
• Regional Jets
• Commercial Aircraft

Fits Covered:
• Line fit
• Retrofit

End Users Covered:
• Original Equipment Manufacturer (OEM)
• Aftermarket
• Maintenance, Repair, & Overhaul (MRO)

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements