Lucintel Anticipates Global Commercial Aerospace Seating Market to Reach $3.5 Billion by 2020

Irving, TX, May 18, 2014 --(PR.com)-- The global commercial aerospace seating market is expected to reach an estimated value of $3.5 billion by 2020. The major drivers of seating market are demand for luxurious and sophisticated seating, growth in aircraft deliveries, and retrofitting of seats in existing aircrafts. In aircraft seat fabrication, usage of composites has lowered manufacturing cost and maintenance cost that will further drive this market.

Lucintel, a leading global management consulting and market research firm, has analyzed the global commercial aerospace seating market by aircraft type, product type and by region and has come up with a comprehensive research report, “Global Commercial Aerospace Seating Market Analysis and Outlook 2013-2020.” This report provides an analysis of the global commercial aerospace seating market including the market trend, company profiles, cost structure, growth opportunities, key drivers, and emerging trend of the market. The study also includes global commercial aerospace seating market trends and forecasts through 2020, segmented by regions, by aircraft type, and by product type as follows:

Commercial Aerospace Seating Market by Regions:
· North America
· Europe
· Asia Pacific
· Rest of World

Commercial Aerospace Seating Market by Aircraft type:
· Commercial Aircraft
· Regional Jets
· General Aviation

Commercial Aerospace Seating Market by Product type:
· Economy Class Seat
· Business Class Seat
· First Class Suite Seat

On the basis of its comprehensive research, Lucintel forecasts that majority of the segments for seating market will grow moderately during 2013-2020. Commercial aircraft segment is growing at a greater pace than general aviation and regional jets. Increase in global air traffic and low-cost carrier market are the driving forces of the global commercial aerospace seating market. Growing demand of aircraft from emerging economies such as China, India, and the Middle East countries is anticipated to boost the market. Upcoming technology such as advanced seating products with seatback touch screens, better business class seats with more space and comfort, etc. will boost the market. B/E Aerospace, Zodiac Aerospace and Recaro Aircraft Seating are among the major suppliers of global commercial aircraft seating market. Regular innovation of products is very important for companies to sustain their successful position in the market.

This 90-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents and pricing information on these timely, insightful reports, contact Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, market insight, and cost efficiency. To learn more, visit www.lucintel.com. You can also contact us through Live Chat in its website to answer your questions in real time.

About Lucintel
Lucintel, the premier global management consulting and market research firm creates winning strategy for growth—whether you need to understand market dynamics, identify new opportunities, or increase your profitability. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M & A and due diligence services to executives and key decision-makers in a variety of industries. Over the last 15 years, Lucintel has served over 1,000 corporations in 70 countries. For further information, visit www.lucintel.com.