Aircraft Seat Market Key Players Analysis 2031
Aircraft seat market is a constantly transforming due to the fact that, the manufacturers are innovating lightweight, tough, and durable seat for commercial and military fixed wing aircrafts as well as rotary wing aircrafts. The aircraft seat market is concentrated with several well established players across the globe, and is continuously witnessing the emergence of newer players is different geographies. Pertaining to the fact that, air travel is exponentially growing around the world, which is pressurizing the commercial airlines to procure more aircrafts, which is facilitating the manufacturers in aircraft seat market to proliferate easily.
MARKET SCOPE
The "Global Aircraft Seat Market Analysis to 2031" is a specialized and in-depth study of the aerospace seating industry with a focus on the global market trend. The report aims to provide an overview of global aircraft seat market with detailed market segmentation by aircraft class, components, fit type, aircraft type and geography. The global aircraft seat market is expected to witness high growth during the forecast period. The aircraft seat market report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- On the basis of aircraft class, the market is segmented as first class, business class, premium economy class, and economy class.
- On the basis of components, the market is segmented as seat actuators, and foams & fittings.
- On the basis of fit type, the market is segmented as linefit, and retrofit.
- Based on basis of aircraft type, the market is commercial, and miltary.
MARKET DYNAMICS
Drivers:
- The airlines, and helicopter operators are increasingly focusing towards enhancing the customer experience, and seating is a major concern to enhance customer experience.
- The movement of military personnel through air has increased considerably over the years, which is substantially bolstering the military transport aircraft procuring.
Restraints:
- High cost and regulations associated with the installation of aircraft seat
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), South America. The Aircraft Seat market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive porter's five forces analysis affecting the Aircraft Seat market.
IMPACT OF COVID-19 ON AIRCRAFT SEAT MARKET
The COVID-19 outbreak has caused a slew of problems for the aircraft industry. Even though the business was not severely harmed, it still faced several economic issues as a result of the COVID-19 outbreak. The aircraft industry has been hammered hard around the world since the pandemic began. Air travel is viewed as the most vulnerable to external factors such as oil crises, natural disasters, armed conflicts, terrorist attacks, economic recessions, and disease outbreaks when compared to all other sectors of the economy. The virus's spread is expected to wreak havoc on the market in 2021, although production factories have already been shut down as a result of the shutdown. Many developing economies are on the cusp of entering a period of recession, resulting in a full loss of demand. In 2021, a decline in demand for aircraft seats had a direct detrimental influence on the market. However, demand in the worldwide aircraft seat market is expected to increase significantly from 2021 onwards, as the industry's output has begun to pick up steam following the difficult phase of COVID-19. By 2035, the number of air passengers is predicted to grow at a rate of 4.5 percent per year, necessitating the purchase of 33,000 additional commercial aircraft, according to the Airbus Group. In addition, the Uber Elevate project was expected to launch in Los Angeles, Dallas, and Melbourne in 2023 before the Covid-19 impact. Uber Elevate will be offering two business models
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), South America. The Aircraft Seat market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive porter's five forces analysis affecting the Aircraft Seat market.
IMPACT OF COVID-19 ON AIRCRAFT SEAT MARKET
The COVID-19 outbreak has caused a slew of problems for the aircraft industry. Even though the business was not severely harmed, it still faced several economic issues as a result of the COVID-19 outbreak. The aircraft industry has been hammered hard around the world since the pandemic began. Air travel is viewed as the most vulnerable to external factors such as oil crises, natural disasters, armed conflicts, terrorist attacks, economic recessions, and disease outbreaks when compared to all other sectors of the economy. The virus's spread is expected to wreak havoc on the market in 2021, although production factories have already been shut down as a result of the shutdown. Many developing economies are on the cusp of entering a period of recession, resulting in a full loss of demand. In 2021, a decline in demand for aircraft seats had a direct detrimental influence on the market. However, demand in the worldwide aircraft seat market is expected to increase significantly from 2021 onwards, as the industry's output has begun to pick up steam following the difficult phase of COVID-19. By 2035, the number of air passengers is predicted to grow at a rate of 4.5 percent per year, necessitating the purchase of 33,000 additional commercial aircraft, according to the Airbus Group. In addition, the Uber Elevate project was expected to launch in Los Angeles, Dallas, and Melbourne in 2023 before the Covid-19 impact. Uber Elevate will be offering two business models
MARKET PLAYERS
The report covers key developments in the Aircraft Seat market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Aircraft Seat market are anticipated to lucrative growth opportunities in the future with the rising demand for Aircraft Seat in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Aircraft Seat market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Safran S.A.
- Acro Aircraft Seating
- Thompson Aero Seating
- ZIM Aircraft Seating GmbH
- Expliseat SAS
- RECARO Aircraft Seating GmbH & Company KG
- Collins Aerospace
- Raytheon Technologies
- Hong Kong Aircraft Engineering Company Limited
- Aviointeriors S.p.A.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Aircraft Seat Market - By Commercial Aircraft Class
1.3.2 Aircraft Seat Market - By Fit Type
1.3.3 Aircraft Seat Market - By Aircraft Type
1.3.4 Aircraft Seat Market - By Components
1.3.5 Aircraft Seat Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. AIRCRAFT SEAT MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. AIRCRAFT SEAT MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. AIRCRAFT SEAT MARKET - GLOBAL MARKET ANALYSIS
6.1. AIRCRAFT SEAT - GLOBAL MARKET OVERVIEW
6.2. AIRCRAFT SEAT - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. AIRCRAFT SEAT MARKET - REVENUE AND FORECASTS TO 2028 - COMMERCIAL AIRCRAFT CLASS
7.1. OVERVIEW
7.2. COMMERCIAL AIRCRAFT CLASS MARKET FORECASTS AND ANALYSIS
7.3. FIRST CLASS
7.3.1. Overview
7.3.2. First Class Market Forecast and Analysis
7.4. BUSINESS CLASS
7.4.1. Overview
7.4.2. Business Class Market Forecast and Analysis
7.5. PREMIUM ECONOMY CLASS
7.5.1. Overview
7.5.2. Premium Economy Class Market Forecast and Analysis
7.6. ECONOMY CLASS
7.6.1. Overview
7.6.2. Economy Class Market Forecast and Analysis
8. AIRCRAFT SEAT MARKET - REVENUE AND FORECASTS TO 2028 - FIT TYPE
8.1. OVERVIEW
8.2. FIT TYPE MARKET FORECASTS AND ANALYSIS
8.3. LINE FIT
8.3.1. Overview
8.3.2. Line Fit Market Forecast and Analysis
8.4. RETROFIT
8.4.1. Overview
8.4.2. Retrofit Market Forecast and Analysis
9. AIRCRAFT SEAT MARKET - REVENUE AND FORECASTS TO 2028 - AIRCRAFT TYPE
9.1. OVERVIEW
9.2. AIRCRAFT TYPE MARKET FORECASTS AND ANALYSIS
9.3. COMMERCIAL
9.3.1. Overview
9.3.2. Commercial Market Forecast and Analysis
9.4. MILITARY
9.4.1. Overview
9.4.2. Military Market Forecast and Analysis
10. AIRCRAFT SEAT MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENTS
10.1. OVERVIEW
10.2. COMPONENTS MARKET FORECASTS AND ANALYSIS
10.3. SEAT ACTUATORS
10.3.1. Overview
10.3.2. Seat Actuators Market Forecast and Analysis
10.4. FOAMS & FITTINGS
10.4.1. Overview
10.4.2. Foams & Fittings Market Forecast and Analysis
11. AIRCRAFT SEAT MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Aircraft Seat Market Overview
11.1.2 North America Aircraft Seat Market Forecasts and Analysis
11.1.3 North America Aircraft Seat Market Forecasts and Analysis - By Commercial Aircraft Class
11.1.4 North America Aircraft Seat Market Forecasts and Analysis - By Fit Type
11.1.5 North America Aircraft Seat Market Forecasts and Analysis - By Aircraft Type
11.1.6 North America Aircraft Seat Market Forecasts and Analysis - By Components
11.1.7 North America Aircraft Seat Market Forecasts and Analysis - By Countries
11.1.7.1 United States Aircraft Seat Market
11.1.7.1.1 United States Aircraft Seat Market by Commercial Aircraft Class
11.1.7.1.2 United States Aircraft Seat Market by Fit Type
11.1.7.1.3 United States Aircraft Seat Market by Aircraft Type
11.1.7.1.4 United States Aircraft Seat Market by Components
11.1.7.2 Canada Aircraft Seat Market
11.1.7.2.1 Canada Aircraft Seat Market by Commercial Aircraft Class
11.1.7.2.2 Canada Aircraft Seat Market by Fit Type
11.1.7.2.3 Canada Aircraft Seat Market by Aircraft Type
11.1.7.2.4 Canada Aircraft Seat Market by Components
11.1.7.3 Mexico Aircraft Seat Market
11.1.7.3.1 Mexico Aircraft Seat Market by Commercial Aircraft Class
11.1.7.3.2 Mexico Aircraft Seat Market by Fit Type
11.1.7.3.3 Mexico Aircraft Seat Market by Aircraft Type
11.1.7.3.4 Mexico Aircraft Seat Market by Components
11.2. EUROPE
11.2.1 Europe Aircraft Seat Market Overview
11.2.2 Europe Aircraft Seat Market Forecasts and Analysis
11.2.3 Europe Aircraft Seat Market Forecasts and Analysis - By Commercial Aircraft Class
11.2.4 Europe Aircraft Seat Market Forecasts and Analysis - By Fit Type
11.2.5 Europe Aircraft Seat Market Forecasts and Analysis - By Aircraft Type
11.2.6 Europe Aircraft Seat Market Forecasts and Analysis - By Components
11.2.7 Europe Aircraft Seat Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Aircraft Seat Market
11.2.7.1.1 Germany Aircraft Seat Market by Commercial Aircraft Class
11.2.7.1.2 Germany Aircraft Seat Market by Fit Type
11.2.7.1.3 Germany Aircraft Seat Market by Aircraft Type
11.2.7.1.4 Germany Aircraft Seat Market by Components
11.2.7.2 France Aircraft Seat Market
11.2.7.2.1 France Aircraft Seat Market by Commercial Aircraft Class
11.2.7.2.2 France Aircraft Seat Market by Fit Type
11.2.7.2.3 France Aircraft Seat Market by Aircraft Type
11.2.7.2.4 France Aircraft Seat Market by Components
11.2.7.3 Italy Aircraft Seat Market
11.2.7.3.1 Italy Aircraft Seat Market by Commercial Aircraft Class
11.2.7.3.2 Italy Aircraft Seat Market by Fit Type
11.2.7.3.3 Italy Aircraft Seat Market by Aircraft Type
11.2.7.3.4 Italy Aircraft Seat Market by Components
11.2.7.4 United Kingdom Aircraft Seat Market
11.2.7.4.1 United Kingdom Aircraft Seat Market by Commercial Aircraft Class
11.2.7.4.2 United Kingdom Aircraft Seat Market by Fit Type
11.2.7.4.3 United Kingdom Aircraft Seat Market by Aircraft Type
11.2.7.4.4 United Kingdom Aircraft Seat Market by Components
11.2.7.5 Russia Aircraft Seat Market
11.2.7.5.1 Russia Aircraft Seat Market by Commercial Aircraft Class
11.2.7.5.2 Russia Aircraft Seat Market by Fit Type
11.2.7.5.3 Russia Aircraft Seat Market by Aircraft Type
11.2.7.5.4 Russia Aircraft Seat Market by Components
11.2.7.6 Rest of Europe Aircraft Seat Market
11.2.7.6.1 Rest of Europe Aircraft Seat Market by Commercial Aircraft Class
11.2.7.6.2 Rest of Europe Aircraft Seat Market by Fit Type
11.2.7.6.3 Rest of Europe Aircraft Seat Market by Aircraft Type
11.2.7.6.4 Rest of Europe Aircraft Seat Market by Components
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Aircraft Seat Market Overview
11.3.2 Asia-Pacific Aircraft Seat Market Forecasts and Analysis
11.3.3 Asia-Pacific Aircraft Seat Market Forecasts and Analysis - By Commercial Aircraft Class
11.3.4 Asia-Pacific Aircraft Seat Market Forecasts and Analysis - By Fit Type
11.3.5 Asia-Pacific Aircraft Seat Market Forecasts and Analysis - By Aircraft Type
11.3.6 Asia-Pacific Aircraft Seat Market Forecasts and Analysis - By Components
11.3.7 Asia-Pacific Aircraft Seat Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Aircraft Seat Market
11.3.7.1.1 Australia Aircraft Seat Market by Commercial Aircraft Class
11.3.7.1.2 Australia Aircraft Seat Market by Fit Type
11.3.7.1.3 Australia Aircraft Seat Market by Aircraft Type
11.3.7.1.4 Australia Aircraft Seat Market by Components
11.3.7.2 China Aircraft Seat Market
11.3.7.2.1 China Aircraft Seat Market by Commercial Aircraft Class
11.3.7.2.2 China Aircraft Seat Market by Fit Type
11.3.7.2.3 China Aircraft Seat Market by Aircraft Type
11.3.7.2.4 China Aircraft Seat Market by Components
11.3.7.3 India Aircraft Seat Market
11.3.7.3.1 India Aircraft Seat Market by Commercial Aircraft Class
11.3.7.3.2 India Aircraft Seat Market by Fit Type
11.3.7.3.3 India Aircraft Seat Market by Aircraft Type
11.3.7.3.4 India Aircraft Seat Market by Components
11.3.7.4 Japan Aircraft Seat Market
11.3.7.4.1 Japan Aircraft Seat Market by Commercial Aircraft Class
11.3.7.4.2 Japan Aircraft Seat Market by Fit Type
11.3.7.4.3 Japan Aircraft Seat Market by Aircraft Type
11.3.7.4.4 Japan Aircraft Seat Market by Components
11.3.7.5 South Korea Aircraft Seat Market
11.3.7.5.1 South Korea Aircraft Seat Market by Commercial Aircraft Class
11.3.7.5.2 South Korea Aircraft Seat Market by Fit Type
11.3.7.5.3 South Korea Aircraft Seat Market by Aircraft Type
11.3.7.5.4 South Korea Aircraft Seat Market by Components
11.3.7.6 Rest of Asia-Pacific Aircraft Seat Market
11.3.7.6.1 Rest of Asia-Pacific Aircraft Seat Market by Commercial Aircraft Class
11.3.7.6.2 Rest of Asia-Pacific Aircraft Seat Market by Fit Type
11.3.7.6.3 Rest of Asia-Pacific Aircraft Seat Market by Aircraft Type
11.3.7.6.4 Rest of Asia-Pacific Aircraft Seat Market by Components
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Aircraft Seat Market Overview
11.4.2 Middle East and Africa Aircraft Seat Market Forecasts and Analysis
11.4.3 Middle East and Africa Aircraft Seat Market Forecasts and Analysis - By Commercial Aircraft Class
11.4.4 Middle East and Africa Aircraft Seat Market Forecasts and Analysis - By Fit Type
11.4.5 Middle East and Africa Aircraft Seat Market Forecasts and Analysis - By Aircraft Type
11.4.6 Middle East and Africa Aircraft Seat Market Forecasts and Analysis - By Components
11.4.7 Middle East and Africa Aircraft Seat Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Aircraft Seat Market
11.4.7.1.1 South Africa Aircraft Seat Market by Commercial Aircraft Class
11.4.7.1.2 South Africa Aircraft Seat Market by Fit Type
11.4.7.1.3 South Africa Aircraft Seat Market by Aircraft Type
11.4.7.1.4 South Africa Aircraft Seat Market by Components
11.4.7.2 Saudi Arabia Aircraft Seat Market
11.4.7.2.1 Saudi Arabia Aircraft Seat Market by Commercial Aircraft Class
11.4.7.2.2 Saudi Arabia Aircraft Seat Market by Fit Type
11.4.7.2.3 Saudi Arabia Aircraft Seat Market by Aircraft Type
11.4.7.2.4 Saudi Arabia Aircraft Seat Market by Components
11.4.7.3 U.A.E Aircraft Seat Market
11.4.7.3.1 U.A.E Aircraft Seat Market by Commercial Aircraft Class
11.4.7.3.2 U.A.E Aircraft Seat Market by Fit Type
11.4.7.3.3 U.A.E Aircraft Seat Market by Aircraft Type
11.4.7.3.4 U.A.E Aircraft Seat Market by Components
11.4.7.4 Rest of Middle East and Africa Aircraft Seat Market
11.4.7.4.1 Rest of Middle East and Africa Aircraft Seat Market by Commercial Aircraft Class
11.4.7.4.2 Rest of Middle East and Africa Aircraft Seat Market by Fit Type
11.4.7.4.3 Rest of Middle East and Africa Aircraft Seat Market by Aircraft Type
11.4.7.4.4 Rest of Middle East and Africa Aircraft Seat Market by Components
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Aircraft Seat Market Overview
11.5.2 South and Central America Aircraft Seat Market Forecasts and Analysis
11.5.3 South and Central America Aircraft Seat Market Forecasts and Analysis - By Commercial Aircraft Class
11.5.4 South and Central America Aircraft Seat Market Forecasts and Analysis - By Fit Type
11.5.5 South and Central America Aircraft Seat Market Forecasts and Analysis - By Aircraft Type
11.5.6 South and Central America Aircraft Seat Market Forecasts and Analysis - By Components
11.5.7 South and Central America Aircraft Seat Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Aircraft Seat Market
11.5.7.1.1 Brazil Aircraft Seat Market by Commercial Aircraft Class
11.5.7.1.2 Brazil Aircraft Seat Market by Fit Type
11.5.7.1.3 Brazil Aircraft Seat Market by Aircraft Type
11.5.7.1.4 Brazil Aircraft Seat Market by Components
11.5.7.2 Argentina Aircraft Seat Market
11.5.7.2.1 Argentina Aircraft Seat Market by Commercial Aircraft Class
11.5.7.2.2 Argentina Aircraft Seat Market by Fit Type
11.5.7.2.3 Argentina Aircraft Seat Market by Aircraft Type
11.5.7.2.4 Argentina Aircraft Seat Market by Components
11.5.7.3 Rest of South and Central America Aircraft Seat Market
11.5.7.3.1 Rest of South and Central America Aircraft Seat Market by Commercial Aircraft Class
11.5.7.3.2 Rest of South and Central America Aircraft Seat Market by Fit Type
11.5.7.3.3 Rest of South and Central America Aircraft Seat Market by Aircraft Type
11.5.7.3.4 Rest of South and Central America Aircraft Seat Market by Components
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. AIRCRAFT SEAT MARKET, KEY COMPANY PROFILES
13.1. SAFRAN S.A.
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. ACRO AIRCRAFT SEATING
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. THOMPSON AERO SEATING
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. ZIM AIRCRAFT SEATING GMBH
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. EXPLISEAT SAS
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. RECARO AIRCRAFT SEATING GMBH & COMPANY KG
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. COLLINS AEROSPACE
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. RAYTHEON TECHNOLOGIES
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. HONG KONG AIRCRAFT ENGINEERING COMPANY LIMITED
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. AVIOINTERIORS S.P.A.
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
1.Safran S.A.
2.Acro Aircraft Seating
3.Thompson Aero Seating
4.ZIM Aircraft Seating GmbH
5.Expliseat SAS
6.RECARO Aircraft Seating GmbH & Company KG
7.Collins Aerospace
8.Raytheon Technologies
9.Hong Kong Aircraft Engineering Company Limited
10.Aviointeriors S.p.A.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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