Market Size of Aircraft Seat Actuation Systems Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 337.94 Million |
| Market Size (2029) | USD 380.68 Million |
| CAGR (2024 - 2029) | 2.41 % |
| Fastest Growing Market | Middle East and Africa |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Aircraft Seat Actuation Systems Market Analysis
The Aircraft Seat Actuation Systems Market size is estimated at USD 337.94 million in 2024, and is expected to reach USD 380.68 million by 2029, growing at a CAGR of 2.41% during the forecast period (2024-2029).
The outbreak of the COVID-19 pandemic in 2020 severely impacted the entire aviation industry. It has resulted in several aircraft operators filing for bankruptcy, which affected the demand for aircraft in the short term and aircraft seat actuation systems. However, the market gradually recovered in 2021 due to the increasing aircraft deliveries compared to the previous year. A similar trend has been reflected in the military and general aviation sectors.
With the increasing vaccination in various countries, the air passenger traffic is gradually increasing as the regulations for air travel are alleviating. This gradual recovery in passenger traffic supports the airlines and aircraft operators to invest in the procurement of new aircraft for fleet modernization and destination expansion. This is majorly driving the growth of the market during the forecast period.
Growing investment for cabin modernization by airlines and aircraft operators to enhance passenger experience onboard aircraft and innovation in seat designs by the seat manufacturers for offering a higher level of passenger comfort is anticipated to propel the demand for the aircraft seat actuation systems market in the coming years.
The investments into technologies like additive manufacturing for manufacturing thin down panels and other seat components to reduce the overall weight and cost of manufacturing components are anticipated to promote the development of lightweight seat actuators and motors.
