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SOURCE Research and Markets
DUBLIN, May 16, 2014 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/5sz8td/commercial) has announced the addition of the "Commercial Aircraft Cabin Interior Market by Aircraft Type, Product, Fit, & by Geography - Forecast & Analysis to 2014 - 2019" report to their offering.
The commercial aircraft cabin interior market is estimated at $12,852.96 million in 2014, and is expected to grow at a CAGR of 5.99% to reach $ 17,194.9 million by 2019. The key drivers accountable for the growth of the commercial market are increase in the number of aircraft orders, modernization in aircraft programs, and customization of cabin interiors, according to customer demand.
The market broadly comprises of segments such as aircraft lighting, seating, windows and windshields, In flight Entertainment & Communications (IFEC), galleys, and lavatories. The major challenge faced by this market is increasing fuel prices. Due to this, airlines are forced to produce lightweight interiors, which will consume less fuel and increase efficiency.
The economic crisis has forced airlines to postpone their retrofit programs as well as delay delivery of new aircraft. The retrofit market is estimated to increase as a large number of retrofit programs had been postponed due to financial reasons, and will now be launched. The recovery in global economy has helped commercial aircraft manufacturers with new orders Major aircraft orders are from growing economies such as Brazil, Russia, India, and China. With respect to the number of aircraft orders, the Middle East and Asia-Pacific are ahead, compared to Europe and North America.
Globally, there is a huge demand in the aircraft cabin interior market to reduce aircraft weight and to provide the passenger more space for their luggage. A number of innovation programs are in progress to develop lightweight cabin interiors to increase the overall efficiency of the aircraft. Some innovations to reduce aircraft weight, which are being trialed currently, are non-electrical floor lighting, sidewall panels, lighter carpets and floor panels.
Key Topics Covered:
2 Executive Summary
3 Market Overview
4 Market Dynamics
5 Trend Analysis
6 Market Forecast
7 Geographic Analysis
8 Competitive Landscape
9 Company Profile
For more information visit http://www.researchandmarkets.com/research/5sz8td/commercial
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