According to the International Air Transport Association (IATA) the market for air passenger will reach 8.2 billion by 2037 with a prediction based on 3.5 % CAGR for the industry. The biggest driver demand will be the Asia Pacific region.
The article cited AMA's Global Aircraft Cabin Interiors Market Study explored substantial growth with CAGR of 5.84%. According the report, Up gradation of existing aircraft is one of the primary growth factors for the market. Increase in demand for premium economy seats
is also expected to contribute significantly to the Aircraft Cabin Interiors market. Overall, Civil
applications of Aircraft Cabin Interiors, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.
AMAs Analyst on the Global Aircraft Cabin Interiors market identified that the demand is rising in many different parts of the world as "Influence of low cost Airlines
" Furthermore, some recent industry insights like "In April 2018, Global Eagle Entertainment Inc. launched a wireless inflight entertainment in an all in one portable video on demand solution, Air connects Go that does not require installation." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Aircraft Cabin Interiors market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Aircraft Cabin Interiors market and other related sub-markets covered in the study.
o Key & emerging players in the Aircraft Cabin Interiors market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Aircraft Cabin Interiors market size is calculated using market estimation process, the Aircraft Cabin Interiors market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Aircraft Cabin Interiors market size has been validated using both top-down and bottom-up approaches.