Aircraft Seat Actuation Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021
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As per the new market report published by Transparency Market Research “Aircraft Seat Actuation Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021,” global aircraft seat actuation systems market was valued at USD 150 million in 2014, growing at a CAGR of 13.1% from 2015 to 2021 to account for USD 382.8 billion in 2021.
Browse the full Aircraft Seat Actuation Systems Market Report at http://www.transparencymarketresearch.com/aircraft-seat-actuation-systems-market.html
The aircraft seat actuation systems market is growing primarily due to rising demand for premium air travel. The increase in disposable income in emerging economies such as India and China is raising the demand for premium air travel. Furthermore, the increasing demand for air travel is directly increasing the need for commercial aircrafts. The seat actuation systems are an essential component in commercial aircraft cabins. Hence, the growing demand for aircraft is in return driving the market for aircraft seat actuation systems market. Moreover, the need for ergonomic seat designs is also driving the market for growth. The market has been segmented by types, mechanism, actuator types and geography.
By types, the business class type seat actuation systems held the largest market share of 32% which was 48 million in 2014. The dominance is attributed due to growing demand for premium air travel across the globe. Furthermore, the increasing disposable income in emerging economies such as India and China is also aiding to the growth of premium air travel. In addition, the awareness for ergonomic seating and comfortable travel during long flights is also fuelling the growth in the market.
Browse the full press Release : http://www.transparencymarketresearch.com/pressrelease/aircraft-seat-actuation-systems-market.htm
Aircraft-seat-actuation-systems-market
Geographically, Europe has the largest market share in the aircraft seat actuation...
Browse the full Aircraft Seat Actuation Systems Market Report at http://www.transparencymarketresearch.com/aircraft-seat-actuation-systems-market.html
The aircraft seat actuation systems market is growing primarily due to rising demand for premium air travel. The increase in disposable income in emerging economies such as India and China is raising the demand for premium air travel. Furthermore, the increasing demand for air travel is directly increasing the need for commercial aircrafts. The seat actuation systems are an essential component in commercial aircraft cabins. Hence, the growing demand for aircraft is in return driving the market for aircraft seat actuation systems market. Moreover, the need for ergonomic seat designs is also driving the market for growth. The market has been segmented by types, mechanism, actuator types and geography.
By types, the business class type seat actuation systems held the largest market share of 32% which was 48 million in 2014. The dominance is attributed due to growing demand for premium air travel across the globe. Furthermore, the increasing disposable income in emerging economies such as India and China is also aiding to the growth of premium air travel. In addition, the awareness for ergonomic seating and comfortable travel during long flights is also fuelling the growth in the market.
Browse the full press Release : http://www.transparencymarketresearch.com/pressrelease/aircraft-seat-actuation-systems-market.htm
Aircraft-seat-actuation-systems-market
Geographically, Europe has the largest market share in the aircraft seat actuation...