Irving, Texas (PressExposure) August 20, 2013 -- In the global commercial aerospace seating market, Asia Pacific (APAC) and the Rest of the World (ROW) are anticipated to grow at faster paces than North America and Europe because of such factors as increase in air traffic and continued growth of low-cost carriers. An increment in aircraft delivery is expected in APAC and ROW since many companies are expanding their businesses in these regions to provide replacement and maintenance services. The global commercial aerospace seating market registered significant growth during 2007-2012; however, over 2013-2020, it is likely to witness moderate growth and reach $3.5 billion.
Lucintel, a leading global management consulting and market research firm, has analyzed the market and offers its findings in its comprehensive research report, "Global Commercial Aerospace Seating Market Analysis and Outlook 2013-2020."The report studies the global commercial aerospace seating market with an in-depth analysis of North America, Europe, APAC, and ROW.
Lucintel identifies the use of composites, technology learning curve, and stringent certification rules and processes as major market growth challenges. Demand for luxurious and sophisticated seating, boost in aircraft deliveries forecast, and retrofitting of seats in existing aircraft are the market's drivers.
Increase in aircraft inventories, seat capacity, low-cost airline market, and global air traffic are expected to be the driving forces for the global commercial aerospace seating market over 2013-2020. The global commercial aerospace seating market is poised for growth with such opportunities as technological upgrades of seating, including next-generation full flat-beds.
This Lucintel research report provides important understanding of recent market scope and overview, global macroeconomic overview, relative market attractiveness by region, annual market trend, emerging trends, market forecasts, Porter's Five Forces Analysis, hazards, and profitability analysis of major market players. This study also provides up-to-date information on market share, profit margins, capabilities, and strategies of the leaders. The report helps current suppliers realistically assess their performance vis-a-vis leading competitors. It is designed to provide executives with strategically significant competitor information, data analysis, and insight, critical to the development and implementation of effective marketing and sales plans.
For a detailed table of contents and pricing information on this timely, insightful report, contact Lucintel at +1-972-636-5056 or via email at firstname.lastname@example.org. Lucintel's service offerings include SWOT Analysis, Target Screening,and Merger and Acquisition Consulting.