Aerospace Interior Market to Register Commendable Profits from Interior Panels Application Over 2019-2025
Europe aerospace interior market share will witness significant gains owing to the increasing preference of airliners to upgrade their existing aircrafts with technologically advanced components and equipment for improving the overall flight experience
Selbyville, United States – June 28, 2019 /MarketersMedia/ —
Global Market Insights recently added a detailed Aerospace Interior Market research study across the global, regional and country level. The report provides 360° analysis from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global market and estimates the future trend of the industry based on this detailed study.
Based on application, aerospace interior market share is segmented as stowage bins, inflight entertainment, lavatories, interior panels and others. Interior panels will account for a significant share in the overall market share. This can be attributed to the increasing usage of panels for flooring, ceiling, along with cargo floors. Additionally, the usage of a wide range of adhesives and bonding materials along with the usage of light weight and highly durable materials for panel construction further expands the segment size over the study timeframe.
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OEM’s are continuously investing in developing advanced aircraft interiors for reducing fatigue and enhancing the overall in-flight experience. The increasing preference for enhancing the premium class cabins with the incorporation of a wide range of premium facilities including lie-flat beds, personal cabin space, ability to hold laptops and personal equipment further accentuates the aerospace interior market share.
Based on aircraft, the aerospace interior market is segmented into commercial aircraft, regional jet, private jet, military aircraft, and helicopters. Commercial aircraft will account for a considerable share over the projected timeframe. This can be attributed to the increasing preference of air travelling passengers to opt for premium and high-quality flight experience. Additionally, the incorporation of high-end in-flight entertainment devices for enhancing the air passenger in-flight travel further accentuates the segment share.
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Europe aerospace interior market share will witness significant gains owing to the increasing preference of airliners to upgrade their existing aircrafts with technologically advanced components and equipment for improving the overall flight experience. For instance, in October 2018, Rockwell Collins entered into a strategic partnership with Atlantic Aviation Group for carrying out the modernization programs for its 757 and 767 aircrafts. Additionally, the program also includes the replacement of existing aircraft screens with large display systems (LDS).
Few of the major players in the aerospace interior market share include Huntsman Corporation, 3M, Henkel AG & CO, KGaA, Arkema S.A, Delo Industries, Solvay S.A, Avery Dennison Corporation, and Hexcel Corporation. Industry players are engaged in strategic acquisitions and partnerships for expanding their Aerospace Interior Market share.
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About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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