Commercial Aircraft In-seat Power System Market Size, Share Forecast 2026:
Commercial Aircraft In-seat Power System Market size was worth US$ 51 million in 2021, and it is estimated to reach a valuation of US$ 58.44 million by the end of 2026, rising at an annual growth rate of 7.5% between 2021 and 2026.
The market for power supply systems in commercial aircraft in-seat is used to balance the cost and aesthetics. Airline operators are launching cabin modernization programs to integrate seats with features such as air conditioning systems. Some airlines are converting existing seats into new ones and introducing completely redesigned rooms.
As air passenger flows increase, some airlines are improving their aircraft to provide continuous service using the commercial airplane in-seat power systems.
Recent Developments:
Commercial Aircraft In-seat Power System Market Drivers:
Airline operators are increasingly focusing on improving aircraft cabins to promote brand image among their customers. As a result, airline operators are increasingly investing in cabin remodeling to meet the growing needs for comfort and connectivity. The modifications may include features such as cab connections, personal entertainment systems, hands-free instruction, micro-cab environments, medical care, self-cleaning and antibacterial substances. As a result, the Commercial Aircraft In-seat Power System is integrated with other necessary components, such as comfortable seats, large shelves and power supply systems in the chair. This will boost the growth of the global Commercial Aircraft In-seat Power System market during the forecast period.
As the demand for the concept Bring your own device (BYOD) has increased over the years, it is necessary to support passengers with a seat power system (charging of personal electronic devices). This is accelerating the demand for electrical systems in the seat. The growth of smartphone technology has allowed customers to charge their phones wirelessly. With this accelerated trend, the current providers of seat power supply are now developing products concerning smartphones, tablets, and MP3 players. The growing financial impact among consumers around the world is driving the demand for high-end air travel, encouraging them to spend on unique experiences. As a result, airlines need to continually monitor and adapt to consumer expectations, accommodate high-level customers and remain exclusive and relevant. Therefore, the adoption of new premium seats in the business class sector is increasing and, as a result, the demand for power supply systems in the commercial aircraft seats will increase.
Commercial Aircraft In-seat Power System Market Restraints:
In line with changing customer expectations, the aviation industry is experiencing rapid technological innovation and a dynamic change in competitive advantage. This disruption is expected to negatively affect the creation of a value chain in the aviation industry and cause problems for industry actors, such as the pace of consolidation in mature markets such as North America and Europe.
REPORT COVERAGE:
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REPORT METRIC |
DETAILS |
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Market Size Available |
2021-2026 |
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Base Year |
2021 |
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Forecast Period |
2021-2026 |
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CAGR |
7.5% |
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Segments Covered |
Based on Type of Seat, Based on Aircraft Type |
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Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
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Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
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Market Leaders Profiled |
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Detailed Segmentation and Sub-segmentation of the market:
Based on Type of Seat:
The economy class segment of the global commercial aircraft in-seat power system market is likely to grow at the highest CAGR during the outlook period. All airlines around the world are modernizing the interiors of their cabins to improve the experience of their passengers. The demand for energy in the seat is expected to increase as these deliveries are made on time. In addition, the airline's device import entertainment strategy has increased the need for convenient onboard power access by allowing airlines to modify the power system in the seat.
Based on Aircraft Type:
The global commercial aircraft in-seat power system market is divided into narrow-body, wide-body, very large aircraft, regional transport aircraft, fighter jet and helicopter. Of these, the narrow-body segment accounted for the leading portion, which is foreseen to continue in the coming years.
Commercial Aircraft In-seat Power System Market is geographically classified into,
Regional Analysis:
The Asia-Pacific commercial aircraft in-seat power system market is predicted to have the highest demand in the global business during the forecast period. This growing demand is mainly due to the increase in the order and delivery of new aircraft, which is due to the rise in the number of passengers in the region. With new orders, airlines in the region continue to invest in improving and modernizing related seats and equipment to complement the services offered to passengers.
North America commercial aircraft in-seat power system market will represent most of the industry revenue during the estimated period. Many airlines in the area are modernizing aircraft cabins with new seats equipped with individual tablet holders and sockets powered by a seat power supply system. They are also opting for aftermarket cabin improvements on new aircraft. This development among airline operators is driving the growth of the market for commercial aircraft in-seat power systems in North America.
Astronics Corporation has a large market share, providing seat power systems for commercial aircraft manufactured by Boeing and Airbus.
1. Introduction
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.1.1 Drivers
4.1.2 Restaints
4.1.3 Opportunities
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.2 Products/Service
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Commercial Aircraft In-seat Power System Market, By Seating Class
6.1.1 Economy Class
6.1.2 Premium Economy Class
6.1.3 Business Class
6.1.4 First Class
6.1.5 Market Size Estimations & Forecasts (2021-2026)
6.1.6 Y-o-Y Growth Rate Analysis
6.1.7 Market Attractiveness Index
6.2 Commercial Aircraft In-seat Power System Market, By Aircraft Type
6.2.1 Narrow-Body
6.2.2 Wide-Body
6.2.3 Very-Large Aircraft
6.2.4 Regional Transport Aircraft
6.2.5 Fighter Jet
6.2.6 Helicopter
6.2.7 Market Size Estimations & Forecasts (2021-2026)
6.2.8 Y-o-Y Growth Rate Analysis
6.2.9 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 North America - Market Analysis (2021 - 2026)
7.2.1 By Country
7.2.1.1 USA
7.2.1.2 Canada
7.2.2 By Seating Class
7.2.3 By Aircraft Type
7.3 Europe
7.3.1 By Country
7.3.1.1 UK
7.3.1.2 France
7.3.1.3 Germany
7.3.1.4 Spain
7.3.1.5 Italy
7.3.1.6 Rest of Europe
7.3.2 By Seating Class
7.3.3 By Aircraft Type
7.4 Asia Pacific
7.4.1 By Country
7.4.1.1 China
7.4.1.2 India
7.4.1.3 Japan
7.4.1.4 South Korea
7.4.1.5 South East Asia
7.4.1.6 Australia & NZ
7.4.1.7 Rest of Asia-Pacific
7.4.2 By Seating Class
7.4.3 By Aircraft Type
7.5 Latin America
7.5.1 By Country
7.5.1.1 Brazil
7.5.1.2 Argentina
7.5.1.3 Mexico
7.5.1.4 Rest of Latin America
7.5.2 By Seating Class
7.5.3 By Aircraft Type
7.6 Middle East and Africa
7.6.1 By Country
7.6.1.1 Middle East
7.6.1.2 Africa
7.6.2 By Seating Class
7.6.3 By Aircraft Type
8. Key Player Analysis
8.1 GVH Aerospace Ltd
8.1.1 Business Description
8.1.2 Products/Service
8.1.3 Financials
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Inflight Canada, Inc
8.3 Mid-Continent Instrument Co.
8.4 KID-Systeme GmbH
8.5 Astrodyne TDI
8.6 Imagik Corp
8.7 Burrana Pty. Ltd
8.8 Imagik International Corp
9. Market Outlook & Investment Opportunities
Appendix
List of Tables
List of Figures
