#AircraftCabinInteriorMarket

[market-insider]

Aircraft Cabin Interior Market Overview: Extensive Evaluation of Market Size, Share, and Growth Opportunities

The global aircraft cabin interior market size is expected to reach USD 41.10 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.9% from 2023 to 2030, according to a new study by Grand View Research, Inc. The market is experiencing a distinct shift towards passenger-centric innovations. Airlines and manufacturers are focusing towards enhancing the passenger travel experience. This encompasses the seamless integration of advanced technologies such as interactive seat touchscreens, tailor-made entertainment choices, and customizable lighting configurations. These innovations collectively aim to establish an environment of comfort and enjoyment during the journey, thereby anticipated to fuel market growth over the forecast period.

Aircraft Cabin Interior Market Report Highlights

Based on Material, the alloys segment accounted for over 64% of the market share in 2022, owing to the use of alloys as a core material in aircraft interior components.

Based on Type, the entertainment & connectivity segment dominated the market in 2022, due to the growing emphasis of airline companies on enhancing passenger comfort.

Based on Aircraft Type, the narrow body aircraft segment dominated the market in 2022, due to the global upsurge in domestic air passenger traffic.

Based on End-user, the OEM segment is expected to witness highest growth rate from 2023 to 2030, driven by growing demand for innovative and customized cabin solutions.

The Asia Pacific regional market is anticipated to register the highest CAGR of over 14.7% from 2022 to 2030, driven by the region’s expanding air travel demand and increasing investments in aviation infrastructure.

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The current aviation landscape places a strong emphasis on connectivity, propelling aircraft cabin interiors to transform into immersive hubs for entertainment and communication. This trend involves seamlessly integrating high-speed Wi-Fi, streaming services, and captivating VR/AR experiences directly into cabins, ensuring passengers are engaged and maintain seamless connectivity throughout the entire duration of their flight. Companies are focusing on leveraging immersive technologies to streamline aircraft cabin design processes and enhance remote collaboration. For instance, in June 2023, Airbus unveiled their first immersive remote collaboration concept. The company is pioneering digital collaboration with an innovative approach, utilizing mixed reality technologies to create an industry-first solution for customizing aircraft interiors. This concept revolutionizes how Airbus approaches aircraft cabin definition, facilitating real-time, immersive virtual interactions with customers, both locally and remotely. Such strategies by key players are expected to drive the market growth over the forecast period.

Moreover, the key trend in the market is its adaptability across various aircraft sizes such as small, medium, and large. Despite the Covid-19 pandemic, the market continues to display resilience. This growth is fueled by global airlines expanding their flight operations and adhering to regulatory guidelines. India stands out as a prime adopter of aircraft cabin interiors due to its strong domestic airline network. Meanwhile, the European and North American markets flourish due to passengers’ strong inclination towards air travel, contributing to the widespread prevalence of market.

Key Players in the Aircraft Cabin Interior Market

Astronics Corporation

Cobham PLC

Collins Aerospace

Gogo, Inc

Honeywell International Inc.

Hong Kong Aircraft Engineering Company Limited

JCB Aero

Panasonic Corporation

Thales GroupThe Boeing Company