The Aircraft Cabin Lining Market is likely to rise at a CAGR of 10.8% during 2023-2028, to reach US$ 791 Million in 2028, states Stratview Research.
DETROIT, Aug. 7, 2023 /PRNewswire/ — Stratview Research, a global market research firm has launched a report on the aircraft cabin lining market which provides a comprehensive analysis of the global and regional industry forecast, current & emerging trends, segment analysis, and competitive landscape.
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Market Size in 2028
US$ 791 Million in 2028
10.8% during 2023-2028
Number of Segments Covered
Number of Tables & Graphs
Country-Level Market Assessment
Segment Insights on Aircraft Cabin Lining Market
The aircraft cabin lining market is segmented based on aircraft type, application type, sales channel type, end-user type, and region.
Based on aircraft type- The market is bifurcated into narrow-body aircraft, wide-body aircraft, regional aircraft, and business jets. Narrow-body aircraft is anticipated to remain the dominant segment of the market in the foreseeable future. The expected early recovery of narrow-body aircraft supported by the rise in domestic travel is likely to drive the demand for cabin lining in this aircraft category. Furthermore, the introduction of C919 is likely to add momentum to the segment’s growth in the coming years.
Based on end-user type– The market is segmented as OE and aftermarket. Out of these, OE is expected to dominate the market over the forecast period. Upcoming aircraft programs (C919 and B777x) and an expected rise in the production of key aircraft programs (B737 Max, A320, B787, and A350XWB) are likely to drive the demand for cabin lining at the OE level during the studied period. Aftermarket is another promising segment that may create several opportunities for market participants in the years to come. An expected rebound in air passenger traffic is anticipated to drive airlines to go for refurbishments to enhance passengers’ travel experience.
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Which Region Offers the Best Opportunity and Growth?
The report suggests that North America is expected to remain the largest market for aircraft cabin lining market during the forecast period.
This growth is majorly attributed to the following –
- This region is a pioneer in the aerospace industry with the presence of several aircraft OEMs and tier players.
- Most of the leading providers, such as Triumph Group and Collins Aerospace, have a strong presence in the region to support customers.
Europe is hand-in-hand with North America in technology developments, usually driven by players active in the Airbus supply chain.
Aircraft Cabin Lining Market Drivers
Some of the key drivers listed in the report are given below.
- Expected rise in the production rates of key commercial aircraft programs.
- Upcoming aircraft programs.
- The demand for lightweight cabin lining and expanding aircraft fleet size.
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Top Companies in Aircraft Cabin Lining Market?
Mergers & Acquisitions, the formation of long-term contracts, vast product portfolios, and technological advancements are among the main strategies employed by key players. The following are some of the key players in the aircraft cabin lining market:
- Diehl Stiftung & Co. KG (Diehl Aviation)
- AVIC Cabin Systems Limited
- Safran S.A.
- Collins Aerospace
- Triumph Group, Inc.
- The Boeing Company (Boeing Encore and Boeing Interior Responsibility Center)
What Deliverables Will You Get in this Report?
Key questions this report answers
Relevant contents in the report
How big is the sales opportunity?
In-depth Analysis of the Aircraft Cabin Lining Market
How lucrative is the future?
Market forecast and trend data and emerging trends
Which regions offer the best sales opportunities?
Global, regional, and country-level historical data and forecasts
Which are the most attractive market segments?
Market segment analysis and forecast
Which are the top players and their market positioning?
Competitive landscape analysis, Market share analysis
How complex is the business environment?
Porter’s five forces analysis, PEST analysis, Life cycle analysis
What are the factors affecting the market?
Drivers & challenges
Will I get the information on my specific requirement?
10% free customization
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About us –
Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. The reliability and insightfulness of the reports enable the readers to take convincing business decisions.
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SOURCE Stratview Research