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Asia Pacific Commercial Aircraft Cabin Interior Market - Segmented By Product Type, Class, Fit and by Geography - Analysis, Trends and Challenges (2020 - 2025)

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Bulk Orders of Aircrafts from Airliners to be a Driving Factor for the Market

The major factor for the high rate of growth in the region is the large order of aircraft made and the fast growing retrofit market in the region. This region put up one of the largest orders ever recently with Indigo making an order for 250, A320 Neo jets. The In Flight entertainment systems market will show the highest growth rate in the Asia Pacific region due to the fact that Entertainment systems are not standard in most of the domestic airlines in the region especially the developing markets, like India. But it is expected that as the market matures, the use of in-flight entertainment systems will become the norm and full service airlines will be retrofitted such systems in their aircraft. Markets, like Singapore and China are experiencing a rise in Business and First Class travel and some flights are will now start with these two passenger classes only. This trend will lead to the growth in the Aircraft Seating Market as the seats for business and first class are of every high value and offer high margins to the suppliers. Some of the seats used in first class cabins can cost upwards of USD 450,000.

The overall market is experiencing a high growth rate, but the economic slowdown in China, which is the biggest aviation market, could potentially limit the growth of the market. The lack of modern infrastructure is a minor issue in some of the fastest growing countries, and if that remains unresolved, then the growth of the market could be limited.

Major Players: Key vendors operating in the market are Elan Aircraft Seating, Panasonic Avionics Corporation, Preactor, Techsol Asia Pacific Pte and Thompson Aero Seating, among others.

Recent Developments:

May 2018: Singapore Airlines has announced to upgrade its cabin with an investment of more than USD 100 million in its regional subsidiary SilkAir. The SilkAir cabins will be upgraded with lie-flat seats in business class and seat-back televisions in both economy and business class.

March 2018: Thomas Cook Group Airlines revealed that they had increased the number of aircraft that would fly with the AirFi Wireless IFE platform to 34 for the summer 2018, from an aircraft fleet of 24 compared to last year.

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