Global Aircraft Cabin Interior Market- Opportunities
Reducing Demand for Large Body Aircraft
Large aircrafts comprising double decks and two aisles require higher number of aircraft cabin interior products. Naturally, number of monuments such as overhead bins, lavatories, galleys, and lighting systems are much higher than that of narrow-body aircraft. Airline carriers whose fleet comprising mostly of narrow-body aircraft generally tend to increase passenger capacity of aircraft by utilizing space taken up by these galleys and lavatories. Hence, demand for these galleys is expected to decrease, as cost of a single galley is much more than that of a row of seats, which is in turn, is expected to restrain the market growth.
Improving Passenger Experience
Improving passenger experience is a compelling market driver in the Aircraft Cabin Interior Market. Airlines prioritize enhancing passenger comfort, entertainment, and convenience to attract and retain customers. Upgraded cabin interiors with advanced amenities, comfortable seating, in-flight entertainment systems, and connectivity options contribute to a positive flying experience. Satisfied passengers are more likely to choose an airline for future travel, leading to increased customer loyalty and revenue. As a result, airlines invest in cabin interior upgrades and innovations to meet the rising expectations of travelers and gain a competitive edge in the aviation industry.
Global Aircraft Cabin Interior Market- Restraints
Reducing demand for large body aircraft
Large aircrafts comprising double decks and two aisles require higher number of aircraft cabin interior products. Naturally, number of monuments such as overhead bins, lavatories, galleys, and lighting systems are much higher than that of narrow-body aircraft. Airline carriers whose fleet comprising mostly of narrow-body aircraft generally tend to increase passenger capacity of aircraft by utilizing space taken up by these galleys and lavatories. Hence, demand for these galleys is expected to decrease, as cost of a single galley is much more than that of a row of seats, which is in turn, is expected to restrain the market growth.
Lack of profitable airlines in emerging economies
Emerging economies such as South Africa, India, and China have a limited number of profitable airlines. This is primarily due to low purchase power and constant preference for conventional methods of commute such as railways and buses. This, in turn, is expected to hinder growth of the global aircraft cabin interior market growth over the forecast period.
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