The US aircraft cabin interior market is projected to grow at a significant CAGR of 7.6% during the forecast period. The aerospace industry in the US is the largest across the globe as per the International Trade Administration (ITA). The US aerospace manufacturers are quite competitive internationally. In 2018, the industry contributed $151 billion in export sales to the US economy. The key factor that contributes to the growth of the market includes the rising aviation industry in the country. The passenger growth and air travelers are solid and are expected to double by 2035. The aviation industry also supports 63 million jobs and US$2.7 trillion in global GDP.
Browse the full report description of "US Aircraft Cabin Interior Market Size, Share & Trends Analysis Report by Type (Seating, In-Flight Entertainment & Connectivity, Cabin Lighting, Galley & Lavatory, Windows & Windshields, Flooring, Interior Panels, and Others), by Material Type (Alloys (Aluminum, Steel, and Others), Composites (Carbon, Glass, and Others), and Others), by Class (First Class, Business Class, and Economy & Premium Economy Class) by Aircraft Type (Narrow Body Aircraft, Wide Body Aircraft, and Large Body Aircraft) Forecast, 2020-2026" at https://www.omrglobal.com/industry-reports/us-aircraft-cabin-interior-market
Further, as per the two major aircraft manufacturers in the country Boeing and Airbus’s market forecast 2019; it is estimated that the global demand for air travel will substantially increase by the next decade. It has been also projected that approximately 200 million people are likely to enter the middle class across the globe, which will further surplus the demand for cabin interiors. Thus, an increased air traveler will eventually demand for more aircraft which in turn will enhance the growth of the US aircraft cabin interior market over the forecast period.
Market Coverage
Key questions addressed by the report
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region/segment
US Aircraft Cabin Interior Market – Segmentation
By Type
By Material Type
By Class
By Aircraft Type