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The premium economy seating class was introduced in the 1990s. Essential components are extra seat width, generous recline, and upgraded soft product offerings. Since the gulf between economy and business class prices and services is quite large, the premium economy class is seen as a more affordable solution with sufficient perks. During the p...

29 Jan 2018  |  Global  |  Market Research

Global Commercial Cabin Interiors Market, Forecast to 2025

Narrow-body Linefit and Wide-body Retrofit Programmes Driving Marginal Growth

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The aircraft cabin interiors market is increasingly adopting new cabin designs with emphasis on improving the passenger experience and functionality. The $11.55 billion market in 2017 is expected to grow to $12.47 billion in 2025, at a compound annual growth rate (CAGR) of 0.95%, although the revenue trajectory varies by every product segment. The...

12 Jan 2018  |  Global  |  Market Outlook

The Global Impact of Digital Transformation in Commercial Aviation, 2017

Capitalizing on Opportunities in the Emerging Digital Economy for Enriched Business Performance

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Intense competition in the commercial aviation sector has led industry stakeholders to create new business models to compete heavily on price by limiting margins and improving cost efficiencies. Connected aviation is the central theme around which digital transformation initiatives are evolving to achieve the competitive advantages and differentiat...

The airline digitalization market is a growth market forecast to achieve more than $35 billion in revenue by 2030. It is a highly fragmented market, with the top 15 companies accounting for nearly 26.5% of the market share. This share amount is not expected to change significantly over the forecast period (2021–2030). The markets top companies by e...

22 Oct 2021  |  Global  |  Market Research

Global Commercial Aircraft Maintenance, Repair, and Overhaul (MRO) Growth Opportunities

Disruptive Technologies Enabling MROs Achieve Transformational Growth

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This study analyses the global commercial aircraft maintenance, repair, and overhaul market, providing a forecast of the kind of recovery the market can expect after the COVID-19 pandemic and beyond. The aircraft segments considered for this report are wide-body, narrow-body, and regional aircraft. The aftermarket is segmented into component MRO, l...

The COVID-19 pandemic forced lockdowns and border closures, which subsequently curtailed global travel. Industry revenue in fiscal year (FY) 2020–2021 amounted to $328 billion—the nominal equivalent to revenue generated in FY 2000–2001. Due to grounded aircraft and cancelled flights, the reasons for the shift in passenger behavior, government restr...