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Lucintel Anticipates Aerospace Interior Market to Grow at a CAGR of 4.6% during 2014-2020

Companies mentioned in this article: Lucintel

IRVING, Texas, Aug. 11, 2014 /PRNewswire-iReach/ -- Global commercial aerospace interior market is expected to increase with a CAGR of 4.6% by 2020. The major drivers for aerospace interior market are increasing air passenger traffic, growth in air freight volumes, and increasing delivery of new aircraft. Aerospace interior needs regular maintenance and are required to be replaced in short intervals. This high replacement rate is expected to further drive this market. Airbus interior market is expected to grow at a greater pace than Boeing. Rise in delivery of A321 and A380 during forecast period is anticipated to support the expansion of Airbus interior market. Delivery of A350 is expected by 2015 which will further boost this market.

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Lucintel, a leading global management consulting and market research firm, has analyzed the aerospace interior market by applications, by platforms, by regions and has come up with comprehensive research report "Opportunities in Aerospace Interior Market 2014-2020: Market Size, Market Share, Trend and Forecast Analysis." This report provides an analysis of the global commercial aerospace interior market including analysis of the market trends, competitive landscape, company profiles, mergers and acquisitions, emerging trends, and key drivers of industry growth. The study also includes global commercial aerospace interior market forecasts through 2020, segmented by regions, by applications, and by platform as follows:

Aerospace interior market by regions:

· North America

· Europe

· Asia Pacific

· Rest of World

Global commercial aerospace interior market by applications:

· Seating

· IFE

· Galley

· Stowage Bin

· Panels

· Lavatory

· Others

Global commercial aerospace interior market by platforms:

· Airbus

· Boeing

On the basis of its comprehensive research, Lucintel forecasts that majority of the segments for global commercial aerospace interior market will grow moderately during 2014-2020. Increasing demand for customized interior products by commercial airliners based on customer needs and passenger comfort helps them to differentiate from the competitors. Stowage bin segment is growing at a greater pace than seating, IFE, galley, panels, lavatory and other segments. Aerospace interior manufacturers are continuously adopting new strategies to gain market share in the industry. Panasonic Avionics Corporation, Zodiac Aerospace, Thales, BE Aerospace are among the major suppliers of aerospace interior market.

This 135-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents and pricing information on these timely, insightful reports, contact Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, market insight, and cost efficiency. To learn more, visit www.lucintel.com. You can also contact us through Live Chat in its website to answer your questions in real time.

About Lucintel

Lucintel, the premier global management consulting and market research firm creates winning strategy for growth--whether you need to understand market dynamics, identify new opportunities, or increase your profitability. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M & A and due diligence services to executives and key decision-makers in a variety of industries. Over the last 15 years, Lucintel has served over 1,000 corporations in 70 countries. For further information, visit www.lucintel.com

Media Contact: Roy Almaguer, Lucintel, +1-972-636-5056, roy.almaguer@lucintel.com

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SOURCE Lucintel