One of several main factors fueling the expansion of the airplane cabin interior market is the rising number of aircraft deliveries. The size of the aircraft fleet has grown over the past few years as a result of expanding worldwide demand, which in turn increases the demand for airplane cabin interiors and related items including seating, lighting, galley, lavatory equipment, and others. A major factor in this market's growth is the need for opulent cabin interiors, particularly in business jets and very large airplanes. They are becoming increasingly popular, increasing demand for cutting-edge features like reclining seats, LED lighting, and improved cabin design. Also, the rising demand for air travel and the growing preference for flying in upscale aircraft are the main factors driving the airplane cabin interior market. The industry is also impacted by technological developments in aircraft design, which have resulted in a drop in cabin size and an increase in the number of passenger seats. Additionally, the market for aircraft cabin interiors is expanding as low-cost airlines gain more and more popularity.
One of the crucial parts of a contemporary airplane is the inside of the aircraft. Thanks to these interiors, passengers are comfortable, safe, and convenient during their flights. Additionally, components used in airplane cabin interiors including seating, lighting, and galley equipment improve the interior design's artistic merit. Airlines are increasingly choosing airplane cabin interiors and related items as they focus on delivering the best level of passenger comfort. As a result, there is a growing global need for commodities for aircraft cabin interiors.
The term "plane cabin interior" refers to all of the interior fittings, including seating, lighting, galley, lavatory equipment, and others. It's critical to make sure that these elements offer passengers a comfortable, reliable, and safe flight experience. Products for the aircraft cabin interior market include seats, lights, kitchenware, bathroom supplies, and others. Additionally, it includes services like installing the aforementioned components in aircraft and training the cabin crew to operate them.
During the forecast period of 2021–2031, the global market for aircraft cabin interiors is anticipated to expand at a CAGR of roughly 5.4%, reaching an estimated value of USD 14.5 billion by the end of 2031.
The main factors driving this market's expansion are the rising demand for aircraft cabin interiors and the rising number of aircraft deliveries.
Among the biggest obstacles facing the aircraft cabin interior industry are the rising cost of raw materials and the shifting exchange rate. Additionally, as existing market players will need to devote more resources to keep up with shifting trends, ongoing technical improvements in aircraft interiors could provide a challenge to them. Yet, the emergence of eco-friendly materials, like lightweight synthetic structures, is anticipated to create new market prospects. In addition, the growth of new aviation technologies like autonomous flight and hypersonic flight is probably going to open up new business opportunities for the aircraft interiors sector.
The Aircraft Seating Segment emerged as the Most Lucrative Type
The biggest market share in terms of type is held by aircraft seating in 2020, and this dominance is anticipated to persist throughout the forecast period. Major market companies are making significant investments in R&D to provide cutting-edge aircraft cabin interior goods, which is fueling the industry's expansion. In the upcoming years, it is also anticipated that the development of eco-friendly materials, like lightweight composite materials, will create new prospects for this industry.
The Most Prominent Application is the Narrow Body Aircraft (NBA) Sector
Narrow-body aircraft (NBA) has the biggest market share by application as of 2020, and this dominance is anticipated to persist throughout the projection period. The demand for comfortable interior cabins in narrow-body aircraft is rising along with the demand for air travel. This is helping this market sector to grow further and further.
The Asia Pacific Region to render Ample Financing Opportunities
The global market for aircraft cabin interiors is made up of the continents of South America, North America, Asia Pacific, Europe, and the Middle East & Africa. The industry will reportedly remain dominated by North America through 2020 and into the succeeding year. As a result of its significant aviation sector, this region has a high need for airplane interiors. Major companies like B/E Aerospace, Inc., FACC AG, and Zodiac Aerospace are present in this region, which is fostering the market's expansion.
COVID-19 Impact and Market Status
Airlines have scaled back their operations globally as a result of the COVID-19 epidemic, which has had a substantial impact on the aircraft industry. As a result, there has been a decline in the market for new aircraft and aviation parts. This slump is anticipated to have an impact on the market for aircraft cabin interiors in 2020 and 2021. However, efforts made by governments all over the world to help the aviation sector, along with a pickup in air travel, are anticipated to support the market's recovery in the years to come. Demand for cabin interior parts such as aircraft seating, a galley, restrooms, windows and windshields, stowage bins, and inner panels will increase as aircraft production and deliveries are anticipated to resume gradually in 2021.
B/E Aerospace, Inc., FACC AG, Zodiac Aerospace, JAMCO Corporation, Diehl Stiftung & Co., Crane Aerospace & Electronics, and GKN Aviation are a few of the prominent significant players active in the worldwide aircraft cabin interior market. To provide cutting-edge aircraft cabin interior items, these businesses consistently spend on research and development. Furthermore, they are working along with other market participants to develop cutting-edge technology for the market of aircraft cabin interiors.
Recent Developments in the Aircraft Cabin Interior Market
• Senovo, a digital interior design solution from Airbus SE, was introduced in 2019. In comparison to more expensive and time-consuming traditional approaches, this technology is used to produce 3D renderings and animations of airplane interiors.
• The Airbus A320 family of aircraft will receive an improvement package called "E-Cabin" in 2020 from Lufthansa Technik AG. This package will contain a modern cabin interior with bigger overhead bins and digital displays.
• A significant provider of interior components for aircraft cabins, Moving Technology, was acquired by Zodiac Aerospace in 2021.
Aircraft Cabin Interior Market Scope
|Forecast Unit||Value (USD)|
|Revenue forecast in 2031||USD 14.5 billion|
|Growth Rate||CAGR of 5.4 % during 2022-2031|
|Segment Covered||by Type, By Application, Regions|
|Regions Covered||North America, Europe, Asia Pacific, South America, Middle East and Africa|
|Key Players Profiled||B/E Aerospace, Inc., FACC AG, Zodiac Aerospace, JAMCO Corporation, Diehl Stiftung & Co., Crane Aerospace & Electronics, and GKN Aviation|
Key Segments of the Global Aircraft Cabin Interior Market
Type Overview (USD Billion)
- Aircraft Seating
- Aircraft Cabin Lighting
- Aircraft Galley
- Aircraft Lavatory
- Aircraft Windows & Windshields
- Aircraft Stowage Bins
- Aircraft Interior Panels
Application Overview (USD Billion)
- Narrow Body Aircraft (NBA)
- Wide Body Aircraft (WBA)
- Very Large Aircraft (VLA)
- Business Jets
- Regional Transport Aircraft (RTA)
Regional Overview (USD Billion)
- Rest of Europe
- Rest of Asia Pacific
- Rest of South America
Middle East and South Africa