Global Commercial Aircraft Cabin Interiors Market 2020-2024 |9% CAGR Projection Over the Next 5 year

By: Technavio
 
ELMHURST, Ill. - June 24, 2020 - PRLog -- The commercial aircraft cabin interiors market size is poised to grow at a CAGR of more than 9% during the period 2020-2024, according to the latest market research report by Technavio.

The demand for air travel is likely to double over the next two decades due to the growth in air travel in countries such as China, India, Indonesia, Russia, and the US. The year-over-year increase in air traffic has also mandated the induction of new aircraft to facilitate this growing demand. Hence, airline companies are increasingly ordering new generation aircraft that are fuel-efficient and lightweight. For instance, in November 2018, IndiGo, an Indian operator, upgraded its orders for A320s and replaced them with 125 A330s. The change in order was attributed to the airline's plans to offer distinguished services to its customers and evolve its brand image from that of an LCC into a full-fledged carrier.

As per Technavio, the emergence of 3D printing in aircraft cabin interior will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other important trends and market drivers that will affect market growth over 2020-2024.

View Full Report - https://www.technavio.com/report/commercial-aircraft-cabi...

Commercial Aircraft Cabin Interiors Market: Emergence of 3D printing in Aircraft Cabin Interior

Commercial Aircraft Cabin Interiors Market: Segmentation Analysis
This market research report segments the commercial aircraft cabin interiors market by product (seating; lavatory module; windows, cabin panels, and stowage bins; galley; lighting), type (narrow-body aircraft, wide-body aircraft, and regional aircraft), and geography (APAC, North America, Europe, South America, and MEA).
The North American region led the market in 2019, followed by Europe, APAC, South America, and MEA respectively. However, during the forecast period, the European region is expected to register the highest incremental growth due to the growing orders for new-generation aircraft, which will parallelly generate demand for advanced cabin interior products.

Technavio's sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.
Request a free sample report - https://www.technavio.com/talk-to-us?report=IRTNTR40787&a...

Contact
Sarahbennu
***@gmail.com
End
Source:Technavio
Email:***@gmail.com
Tags:Commercial Aircraft Cabin
Industry:Business
Location:Elmhurst - Illinois - United States
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
Tehcnavio News
Trending
Most Viewed
Daily News



Like PRLog?
9K2K1K
Click to Share