The Middle-East and Africa Commercial Aircraft Cabin Interior Market is projected to grow with a CAGR of more than 6% during the forecast period.
- The gradually growing passenger traffic in the Middle-East and Africa regions is propelling the fleet modernization plans and route network expansion plans of the airlines. Such expansion plans are of the airlines are expected to drive the growth of the market cabin interior market in the region.
- The airlines are retro-fitting the cabin interiors with new cabin lighting, comfortable seats and extra overhead space in the aircraft to enhance the experience of the passenger onboard aircraft are expected to propel the growth of the market during the forecast period.
- However, due to the COVID-19 pandemic, the airlines in the region are postponing their planned aircraft orders and deliveries to cut down their operating cost. This will affect the revenues of tire-1 providers in the aircraft manufacturing sector.
Key Market Trends
Inflight Entertainment Systems Segment of the Market is Expected Witness Highest Growth
The inflight entertainment systems segment of the market is expected to grow at the highest CAGR during the forecast period. This is mainly due to the introduction of new entertainment and connectivity solutions onboard aircraft by the airlines to increase the experience of the passengers. Currently, with the growing demand for BYOD (bring your own device) concept, the airlines are upgrading their connectivity solutions, which will help the passengers to be connected to high-speed internet on their personnel electronic devices (PEDs) for messaging as well as streaming videos and playing games.
For instance, Etihad airlines announced its plans to remove the seatback screens in their Economy cabin from the A320 and A321 narrow-body aircraft fleet as a part of its plan to decrease overhead and maintenance costs. However, the airline will provide entertainment wirelessly, through its E-BOX STREAM app, which can be used on passenger PEDs with a wide range of movies and TV show. The growing penetration for BYOD is expected to bolster major cabin upgrades, including the introduction of wide-band internet connectivity and in-seat power supply among others, which are expected to accelerate the growth of the market during the forecast period.
United Arab Emirates is Expected to Witness Significant Growth During the Forecast Period
The United Arab Emirates is expected to steady growth in Middle-East and Africa commercial aircraft cabin interior market mainly due to the presence of fleet expansion plans of Emirates and Etihad airlines, the major airlines in the Middle-East. For instance, in February 2019, Emirates signed a deal worth USD 21.4 billion with Airbus, for the purchase of 40 A330-900 aircraft and 30 A350-900 aircraft, which are to be delivered in 2021 and 2024, respectively. Such aircraft orders are expected to propel the growth of the market. Also, the airlines are retrofitting their aircraft with new and advanced cabin interior solutions, which will help them become the most preferred by the passengers. On this note, Emirates completed the modernization of business and economy cabins of 777-200LR aircraft fleet new cabin configuration in April 2019. Such cabin modernization plans of the airlines are expected to accelerate the growth of the market. However, the epidemic still plaguing the aviation industry and eviscerating the demand for air travel, it is anticipated that the market studied may witness a sharp decline in 2020.
The Middle-East and Africa commercial aircraft cabin interior market is highly fragmented, with many companies vying for a greater market share via offering a diversified product portfolio. Some of the prominent players in the market are Raytheon Technologies Corporation, Thales Group, RECARO Holding GmbH, Gogo Inc. and Safran SA. Major players in the market are linefit providers of the cabin interior products to the aircraft OEMs. However, with the changing passenger preferences, the airlines are retro-fitting the cabins with unique solutions like new cabin lighting, onboard wi-fi connectivity, comfortable seats and extra-legroom among others, which is expected to support the growth of retrofit players in the region. Also, development of new cabin interior products is expected to support the market players to increase their share in the market. For instance, in April 2019, Safran unveiled Versa, the new long-haul business class seat in a herringbone layout. Such new products are anticipated to attract new retrofit contracts from the airlines, which will help the companies increase their presence in the region.
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