Cabin Interior Composites Market

Cabin Interior Composites Market is expected to grow at an average annual rate of 7% from 2020 to 2026, increasing from US$ xx billion in 2021to US$ xx billion by 2026.

The Cabin Interior Composites is an atmosphere of aesthetics and structural atmosphere that travelers can experience. The main objective is to provide passengers with convenience and convenience. In addition, airlines are installing new fiber sheets that can be controlled manually with remote controls such as heat, pressure, tension and movement settings using mood lights, live cockpit displays and applications. The renovation of old airplanes and the attractive interiors of new planes are in high demand to change the dynamics of the market inside the aircraft cabins.

Recent Developments and Trends

In May 2019, the Lufthansa technique developed the VIP cabin interior concept for the A220. The SkyRetreat cabin design is an individual integration of the latest cabin technology, which includes a 4K cumulative screen, smart touch surfaces and a unique observation room.

Airbus has established industrial associations with more than 600 companies in 15 countries in the region to guarantee the supply of parts for Airbus aircraft. The increase in regional aircraft production capacity has led cabin designers and accessories market integrators to develop high-end cabin designs for specific aircraft models.

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BMW Group Designworks designed the interior of the upcoming Taiwan FSC Starlux.

Market Drivers

The airlines are very interested in improving the customer experience and are increasingly investing in improving existing aircraft, boosting the growth of the global Cabin Interior Composites Market. The extension of the market is the result of the organic growth of the aviation industry since a large number of scheduled aircraft shipments during the forecast period will promote the use of composite materials for the design of the aircraft cabin and also facilitate the integration efforts of the original equipment manufacturers and the cabin integrators of the aftermarket. New technologies, such as AFP (automated fiber placement) technology, improve the range of incorporation of advanced materials into sophisticated cabin interior designs while reducing the response time of the aircraft (TAT).

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More and more airline operators are investing in optimizing passenger comfort by incorporating larger overhead compartments, floor and ceiling design panels and new seats to integrate sophisticated entertainment systems. This required cooperation between original aircraft equipment manufacturers and Tier-I cabin interior designers to develop advanced light cabin systems. The fuel savings due to the low weight profile creates significant opportunities for market participants, especially in the program of updating the rooms of the first and executive class cabins of the FSC.

Restraints

However, the demand for massive investments, transportation options and unsafe financial conditions are expected to slow the growth of the worldwide market.

Cabin Interior Composites Market Segmentation:

The global Cabin Interior Composites industry is segmented by product, end-user, class, type of aircraft and region.

By product, the cabin interior composites market is classified into

• Seats
• Living room lighting
• Windows
• Galleys and toilets
• On-board entertainment systems

Among these, the on-board entertainment systems are foreseen to witness tremendous growth rate in the forecast period due to the rise in consumer preference for a hassle-free experience.

Depending on the end-user cabin interior composites market is classified in to

• Defensive
• Others

The demand for new aircraft in all segments of end-users has increased significantly, further boosting the overall market.

By class, the cabin interior composites market is classified in to

• First class
• Executive class
• Economy
• Premium economic class

Economy class accounts for the significant portion of the world market; however, higher demand for all classes is anticipated to stimulate market growth in the coming years.

By type Market is classified in to

• Wide-body aircraft
• Narrow-body aircraft

The narrow-body aircraft is likely to witness massive growth rate in future with the adoption from low-cost carriers.

Regional Analysis

The Asia-Pacific cabin interior composites market is presumed to show the highest growth during the predicted period due to a variety of factors, including increased demand for commercial aircraft to support passenger traffic, the opening of Boeing assembly plants and Airbus in China and the domestic commerce. Increase of aircraft (COMAC C919 and Mitsubishi MRJ) and fleet sizes of aircraft. China is expected to be the world’s largest aviation market in terms of air traffic; India is expected to become the third-largest aviation market in the world, and other countries such as Indonesia and Thailand will enter the top 10 global markets of the world. Regional aviation manufacturing infrastructure drives leading aircraft OEMs to establish manufacturing centres in their regions due to reduced production costs. The increase in local aircraft production capacity has led cabin designers and accessories market integrators to develop high-end cabin designs for specific aircraft models. Also, new airlines are attracting potential customer bases by adopting modern room designs, which offer premium services, design and other services at competitive prices.

Company Scenario

Singapore Technologies Engineering Ltd combines custom design processes with extensive composite structural knowledge, value engineering skills and design automation experience to design cost-effective next-generation composite cabin components.

Key Players

Key market players include Collins Aerospace, AIM Altitude Limited (AVIC), Diehl Stiftung & Co. KG, Safran SA, JAMCO Corporation, FACC AG, Triumph Group, Inc, and Singapore Technologies Engineering Ltd.