Aerospace Industry Today
Aircraft Cabin Interior Composites Market is projected to grow at a healthy rate over the next five years
The research report is published in the March 2018 with 297 pages of a detailed analysis.
Published 25 April 2019
Launching announcement of a new research report on Aircraft Cabin Interior Composites Market which is projected to reach US$ 2,020.8 million in 2024- forecasted by Stratview Research. The study provides an in-depth analysis by Aircraft Type (Narrow-Body Aircraft, Wide-Body Aircraft, Very Large Aircraft, Regional Aircraft, and General Aircraft), by Application Type (Floor Panels, Sidewall Panels, Ceiling Panels, Stowage Bins, Galleys, Lavatories, Seats, Ducts, and Others), by Composite Type (Glass Fiber Composites, Carbon Fiber Composites, and Others), by Process Type (Sandwich Construction, Compression Molding, and Others), by End-User Type (OE and Aftermarket), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2019-2024.
Click here to read the detailed description and TOC
The Aircraft Cabin Interior Composites Market: Highlights
Aircraft cabin is one of the most discussed subjects of the airline industry today as airlines’ requirement for aesthetically pleasing, compact, and innovative aircraft cabin interiors show no signs of abating. One side, volatile crude oil prices severally plummet the overall margin of airlines, whereas, another side, rapidly changing expectations of customers demand airlines to keep upgrading aircraft interiors, which again adversely impact the overall margin of airlines. Low-cost carriers are demanding an aircraft that has a maximum space for seating to generate more revenues per journey, whereas, premium airlines targeting high-end customers would like to offer extraordinary passengers’ comfort in order to give an excellent customer delight. However, both types of carriers want to maintain the value as well as to generate the maximum returns; thus, wanting a cabin interior that is as light as possible and occupies minimal space and energy.
Get your copy of free sample pages-click here
Aircraft cabin interiors have witnessed an impactful, significant evolvement over the past five decades in which composite materials have a disruptive journey and played a pivotal role in upgrading the overall cabin interiors. All the major tier-II player are working closely with the aircraft OEMs in order to develop advanced lightweight interior systems that offer excellent aesthetics and aid carriers to improve the overall customer’s experience. Composite materials are the perennial choice in fabricating structural parts of those systems as the materials not only offer the advantages of being light in weight and high strength-to-weight ratio but also improve the overall cabin aesthetics. The modernized aircraft cabin interior design is rich in composites from structural to semi-structural applications.
There are a series of directions where the aircraft industry is moving today with the purpose to modernize cabin interiors by satisfying three major criteria: commercial viability, certification, and passenger experience. Some of the most noticeable movements are the development of lightweight customized cabin solutions in order to improve the overall customer experience, an enlargement of overhead stowage bins to accommodate more luggage per stowage bin, the formation of maximum cabin space by making necessary change in the design of galleys and lavatories to squeeze more number of seats on board, and the development of compact seats to add more seats.
Composite parts are an indispensable focus area for all the major tier-players making cabin interior systems, such as lavatory, galleys, to make the system lightweight, aesthetically excellent without sacrificing performance.
The aircraft cabin interior composites market is projected to grow at a healthy rate over the next five years to reach US$ 2,020.8 million in 2024. An organic growth of the aircraft industry is the primary driver of the sustainable demand for composites in aircraft cabin interiors. Boeing anticipated that there would be total deliveries of 41,410 commercial aircraft worth US$ 6.25 trillion in the global marketplace during 2018-2037. Asia-Pacific and Europe would be the biggest demand generators with a combined share of 64.7% of the total commercial aircraft deliveries during 2018-2037. An expected healthy CAGR of 4.7% in air passenger traffic during 2018-2037 will chiefly drive the demand for commercial aircraft. This factor will create a sustainable demand for composite parts for cabin interiors globally in the foreseeable future.
In addition to that, Boeing and Airbus had a combined total order backlog of 13,048 commercial aircraft by the end of 2018. These huge pile of order backlogs of commercial aircraft will allow both airframers to roll out their aircraft continuously for the next nine years at current build rates. However, they have strategically been raising the production rates of their key commercial aircraft programs in order to deliver aircraft to their widespread clients at a shorter period of time. Also, they have been introducing fuel-efficient variants of their best-selling aircraft programs with the purpose to address the biggest requirement of the airline industry, which is the fuel-efficient aircraft.
Secondly, composites have an excellent track record in the aircraft industry as the material offers numerous advantages over its rivals including high strength-to-weight ratio, excellent corrosion resistance, excellent fatigue strength, and excellent durability at lightweight. The material is a suitable claimant addressing many challenges of the industry including lightweight systems. The materials are increasingly penetrating not only airframe parts,
such as fuselage, in the next-generation aircraft but also in aircraft interiors in galleys, HVAC ducts, and overhead stowage bins.
Cabin upgrade is another factor creating a significant opportunity for composites. In general, first- and business-class cabins are frequently refurbished than the economy cabins. Also, airline profitability is having a major impact on discretionary spending for upgrades. Lower crude oil prices allowed airlines to make more profit, thus, spending more on cabin upgrades, such as larger overhead bins and compact lavatories.
Safety is another factor that is again boosting the demand for composite parts in aircraft cabin interiors. For instance; aircraft seats are required to withstand a dynamic 16g force. In the 16g test, two distinct dynamic tests are conducted, which ultimately stimulates the loads that could be expected in an impact-survivable accident. The helps to survive passengers in the case of a fatal accident. The selection of materials for seating application largely depends upon such regulations. Composite parts excel in most of the parameters with the advantages of being light in weight.
The aircraft cabin interior composites market is segmented based on the aircraft type as Narrow-Body Aircraft, Wide-Body Aircraft, Very Large Aircraft, Regional Aircraft, and General Aviation. Narrow- and wide-body aircraft are likely to remain the growth engines of the market during the forecast period. Increasing production rates of key programs, such as B737, A320 family, B787, and A350XWB; market entry of new players, such as COMAC and Irkut; an introduction of variants of existing best-selling aircraft programs, such as B737 max, A320neo, and B777x; and an increasing demand for cabin retrofit of large aircraft fleet are likely to offer a sustainable growth platform for composites in these segment in the coming years. Furthermore, the rising penetration of composites in most of the interior applications is likely to aid more growth in these segments in the coming years.
Based on the composite type, glass fiber composite is likely to remain the most dominant segment of the global aircraft cabin interior composites market during the next five years. Glass fiber composites offer a wide array of advantages including low cost, good product performance, and excellent corrosion resistance, over their rivals including aluminum and metals. Whereas, carbon fiber composite, another considerable segment, is likely to grow highest in the market during the same period, driven by its advantages over glass fiber composites including lighter in weight, higher strength-to-weight ratio, and excellent appearance.
Based on the process type, sandwich construction is the most widely preferred manufacturing process in the market and is likely to remain the most dominant process during the forecast period. It is considered an ideal process for producing flat composite panels for aircraft interiors as well as exteriors. Most of the composite parts for aircraft cabin interiors, such as lavatory and floor panels, are largely made through the sandwich construction process. Compression molding, injection molding, and plaster mandrel are major processes used to fabricate composite parts for aircraft cabin interiors. They also offer sizeable growth opportunities in the coming years.
Based on the end-user type, the OE sales segment is projected to maintain its dominance in the market during the next five years. Increasing production rates of key programs, such as B737 and A320 family; market entry of new players, such as COMAC; and upcoming aircraft programs are likely to create a strong demand for composites in cabin interiors in the OE segment in the coming years. The aftermarket segment, a relatively smaller segment, is likely to grow at a higher rate during the forecast period, owing to rising aircraft fleet size of commercial aircraft and increasing demand for advanced lightweight cabin interiors, leading to the replacement/retrofit of old
cabin interiors with the advanced lightweight interiors.
Based on the regions, North America is projected to remain the largest market during the forecast period, driven by both OE as well as aftermarket segments. The USA is the growth engine of the region’s market and has the presence of almost all major aircraft OEMs including Boeing, Airbus, Cessna, and Gulfstream. Rising commercial aircraft fleet size is likely to further boost the overall demand for composite parts in aircraft cabin interiors in the foreseeable future.
Asia-Pacific is likely to witness the highest growth during the same period, driven by a host of factors including increasing demand for commercial aircraft to support rising passenger traffic, the opening of assembly plants of Boeing and Airbus in China, upcoming indigenous commercial and regional aircraft (COMAC C919 and Mitsubishi MRJ), and rising aircraft fleet size.
The supply chain of this market comprises raw material suppliers, composite part fabricators, cabin interior manufacturers, aircraft OEMs, airlines, aircraft leasing companies, and MRO companies. The key cabin interior companies are AIM Altitude Limited (AVIC International), Collins Aerospace, Diehl Aerosystems, FACC AG, Jamco Corporation, The Gill Corporation, The Nordam Group, Inc., Triumph Group Inc., and Zodiac Aerospace (Safran). The key aircraft OEMs are Boeing, Airbus, Bombardier, ATR, Embraer, COMAC, Irkut, Sukhoi, Cessna, and Gulfstream.
Report Features
The report provides diverse market intelligence with maximum business value. It gives a condemnatory understanding of the market dynamics and enables strategic decision making for the existing market players as well as those willing to enter the market. The key features include the
->industry life cycle and the supply chain analysis of the market structure.
->SWOT analysis, Porter's five forces analysis and Growth Drivers and constraints.
->Market trend and the forecast analysis.
->Forecast of the market segment trend.
->Competitive landscape and dynamics of Market share, product portfolio, product launches, etc.
->Emerging trends of attractive market segments and associated growth opportunities
->Strategic growth opportunities for the existing and new players.
ABOUT US
Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research.
We have a strong, experienced team of industry veterans and research analysts with a perfect blend of wisdom, knowledge and attitude. We have been serving multiple clients across a wide array of industries.
Our services cover a broad spectrum of industries including Energy, Chemicals, Advanced Materials, Automotive, and Aerospace. We provide research services at the global, regional as well as country level; key regions include Europe, APAC, NA, MEA, RoW.
We are a trusted brand in the research industry with the capability of commissioning complex projects within a short span of time with a high level of accuracy. At Stratview, we believe in building long-term relations with our clients.
To browse through our range of reports in the Aerospace & Defence industry, refer to the following link
Click here to read the detailed description and TOC
The Aircraft Cabin Interior Composites Market: Highlights
Aircraft cabin is one of the most discussed subjects of the airline industry today as airlines’ requirement for aesthetically pleasing, compact, and innovative aircraft cabin interiors show no signs of abating. One side, volatile crude oil prices severally plummet the overall margin of airlines, whereas, another side, rapidly changing expectations of customers demand airlines to keep upgrading aircraft interiors, which again adversely impact the overall margin of airlines. Low-cost carriers are demanding an aircraft that has a maximum space for seating to generate more revenues per journey, whereas, premium airlines targeting high-end customers would like to offer extraordinary passengers’ comfort in order to give an excellent customer delight. However, both types of carriers want to maintain the value as well as to generate the maximum returns; thus, wanting a cabin interior that is as light as possible and occupies minimal space and energy.
Get your copy of free sample pages-click here
Aircraft cabin interiors have witnessed an impactful, significant evolvement over the past five decades in which composite materials have a disruptive journey and played a pivotal role in upgrading the overall cabin interiors. All the major tier-II player are working closely with the aircraft OEMs in order to develop advanced lightweight interior systems that offer excellent aesthetics and aid carriers to improve the overall customer’s experience. Composite materials are the perennial choice in fabricating structural parts of those systems as the materials not only offer the advantages of being light in weight and high strength-to-weight ratio but also improve the overall cabin aesthetics. The modernized aircraft cabin interior design is rich in composites from structural to semi-structural applications.
There are a series of directions where the aircraft industry is moving today with the purpose to modernize cabin interiors by satisfying three major criteria: commercial viability, certification, and passenger experience. Some of the most noticeable movements are the development of lightweight customized cabin solutions in order to improve the overall customer experience, an enlargement of overhead stowage bins to accommodate more luggage per stowage bin, the formation of maximum cabin space by making necessary change in the design of galleys and lavatories to squeeze more number of seats on board, and the development of compact seats to add more seats.
Composite parts are an indispensable focus area for all the major tier-players making cabin interior systems, such as lavatory, galleys, to make the system lightweight, aesthetically excellent without sacrificing performance.
The aircraft cabin interior composites market is projected to grow at a healthy rate over the next five years to reach US$ 2,020.8 million in 2024. An organic growth of the aircraft industry is the primary driver of the sustainable demand for composites in aircraft cabin interiors. Boeing anticipated that there would be total deliveries of 41,410 commercial aircraft worth US$ 6.25 trillion in the global marketplace during 2018-2037. Asia-Pacific and Europe would be the biggest demand generators with a combined share of 64.7% of the total commercial aircraft deliveries during 2018-2037. An expected healthy CAGR of 4.7% in air passenger traffic during 2018-2037 will chiefly drive the demand for commercial aircraft. This factor will create a sustainable demand for composite parts for cabin interiors globally in the foreseeable future.
In addition to that, Boeing and Airbus had a combined total order backlog of 13,048 commercial aircraft by the end of 2018. These huge pile of order backlogs of commercial aircraft will allow both airframers to roll out their aircraft continuously for the next nine years at current build rates. However, they have strategically been raising the production rates of their key commercial aircraft programs in order to deliver aircraft to their widespread clients at a shorter period of time. Also, they have been introducing fuel-efficient variants of their best-selling aircraft programs with the purpose to address the biggest requirement of the airline industry, which is the fuel-efficient aircraft.
Secondly, composites have an excellent track record in the aircraft industry as the material offers numerous advantages over its rivals including high strength-to-weight ratio, excellent corrosion resistance, excellent fatigue strength, and excellent durability at lightweight. The material is a suitable claimant addressing many challenges of the industry including lightweight systems. The materials are increasingly penetrating not only airframe parts,
such as fuselage, in the next-generation aircraft but also in aircraft interiors in galleys, HVAC ducts, and overhead stowage bins.
Cabin upgrade is another factor creating a significant opportunity for composites. In general, first- and business-class cabins are frequently refurbished than the economy cabins. Also, airline profitability is having a major impact on discretionary spending for upgrades. Lower crude oil prices allowed airlines to make more profit, thus, spending more on cabin upgrades, such as larger overhead bins and compact lavatories.
Safety is another factor that is again boosting the demand for composite parts in aircraft cabin interiors. For instance; aircraft seats are required to withstand a dynamic 16g force. In the 16g test, two distinct dynamic tests are conducted, which ultimately stimulates the loads that could be expected in an impact-survivable accident. The helps to survive passengers in the case of a fatal accident. The selection of materials for seating application largely depends upon such regulations. Composite parts excel in most of the parameters with the advantages of being light in weight.
The aircraft cabin interior composites market is segmented based on the aircraft type as Narrow-Body Aircraft, Wide-Body Aircraft, Very Large Aircraft, Regional Aircraft, and General Aviation. Narrow- and wide-body aircraft are likely to remain the growth engines of the market during the forecast period. Increasing production rates of key programs, such as B737, A320 family, B787, and A350XWB; market entry of new players, such as COMAC and Irkut; an introduction of variants of existing best-selling aircraft programs, such as B737 max, A320neo, and B777x; and an increasing demand for cabin retrofit of large aircraft fleet are likely to offer a sustainable growth platform for composites in these segment in the coming years. Furthermore, the rising penetration of composites in most of the interior applications is likely to aid more growth in these segments in the coming years.
Based on the composite type, glass fiber composite is likely to remain the most dominant segment of the global aircraft cabin interior composites market during the next five years. Glass fiber composites offer a wide array of advantages including low cost, good product performance, and excellent corrosion resistance, over their rivals including aluminum and metals. Whereas, carbon fiber composite, another considerable segment, is likely to grow highest in the market during the same period, driven by its advantages over glass fiber composites including lighter in weight, higher strength-to-weight ratio, and excellent appearance.
Based on the process type, sandwich construction is the most widely preferred manufacturing process in the market and is likely to remain the most dominant process during the forecast period. It is considered an ideal process for producing flat composite panels for aircraft interiors as well as exteriors. Most of the composite parts for aircraft cabin interiors, such as lavatory and floor panels, are largely made through the sandwich construction process. Compression molding, injection molding, and plaster mandrel are major processes used to fabricate composite parts for aircraft cabin interiors. They also offer sizeable growth opportunities in the coming years.
Based on the end-user type, the OE sales segment is projected to maintain its dominance in the market during the next five years. Increasing production rates of key programs, such as B737 and A320 family; market entry of new players, such as COMAC; and upcoming aircraft programs are likely to create a strong demand for composites in cabin interiors in the OE segment in the coming years. The aftermarket segment, a relatively smaller segment, is likely to grow at a higher rate during the forecast period, owing to rising aircraft fleet size of commercial aircraft and increasing demand for advanced lightweight cabin interiors, leading to the replacement/retrofit of old
cabin interiors with the advanced lightweight interiors.
Based on the regions, North America is projected to remain the largest market during the forecast period, driven by both OE as well as aftermarket segments. The USA is the growth engine of the region’s market and has the presence of almost all major aircraft OEMs including Boeing, Airbus, Cessna, and Gulfstream. Rising commercial aircraft fleet size is likely to further boost the overall demand for composite parts in aircraft cabin interiors in the foreseeable future.
Asia-Pacific is likely to witness the highest growth during the same period, driven by a host of factors including increasing demand for commercial aircraft to support rising passenger traffic, the opening of assembly plants of Boeing and Airbus in China, upcoming indigenous commercial and regional aircraft (COMAC C919 and Mitsubishi MRJ), and rising aircraft fleet size.
The supply chain of this market comprises raw material suppliers, composite part fabricators, cabin interior manufacturers, aircraft OEMs, airlines, aircraft leasing companies, and MRO companies. The key cabin interior companies are AIM Altitude Limited (AVIC International), Collins Aerospace, Diehl Aerosystems, FACC AG, Jamco Corporation, The Gill Corporation, The Nordam Group, Inc., Triumph Group Inc., and Zodiac Aerospace (Safran). The key aircraft OEMs are Boeing, Airbus, Bombardier, ATR, Embraer, COMAC, Irkut, Sukhoi, Cessna, and Gulfstream.
Report Features
The report provides diverse market intelligence with maximum business value. It gives a condemnatory understanding of the market dynamics and enables strategic decision making for the existing market players as well as those willing to enter the market. The key features include the
->industry life cycle and the supply chain analysis of the market structure.
->SWOT analysis, Porter's five forces analysis and Growth Drivers and constraints.
->Market trend and the forecast analysis.
->Forecast of the market segment trend.
->Competitive landscape and dynamics of Market share, product portfolio, product launches, etc.
->Emerging trends of attractive market segments and associated growth opportunities
->Strategic growth opportunities for the existing and new players.
ABOUT US
Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research.
We have a strong, experienced team of industry veterans and research analysts with a perfect blend of wisdom, knowledge and attitude. We have been serving multiple clients across a wide array of industries.
Our services cover a broad spectrum of industries including Energy, Chemicals, Advanced Materials, Automotive, and Aerospace. We provide research services at the global, regional as well as country level; key regions include Europe, APAC, NA, MEA, RoW.
We are a trusted brand in the research industry with the capability of commissioning complex projects within a short span of time with a high level of accuracy. At Stratview, we believe in building long-term relations with our clients.
To browse through our range of reports in the Aerospace & Defence industry, refer to the following link
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