PUBLISHER: KBV Research | PRODUCT CODE: 1655225
PUBLISHER: KBV Research | PRODUCT CODE: 1655225
The Latin America, Middle East and Africa Aircraft Seat Actuation Systems Market would witness market growth of 10.6% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Aircraft Seat Actuation Systems Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $17,966.9 Thousands by 2031. The Argentina market is expected to witness a CAGR of 12% during (2024 - 2031). Additionally, The UAE market would exhibit a CAGR of 9.5% during (2024 - 2031).
Premium-class travel, particularly business and first-class segments, is witnessing a rise due to increased affluence and business-related travel needs. High levels of comfort, privacy, and customization characterize these classes. As such, airlines are investing heavily in advanced seating solutions, with seat actuation systems being a critical part of these investments. The growing trend toward more personalized travel experiences has propelled the adoption of advanced actuation systems in this market.
With sustainability becoming a primary concern for the aviation industry, aircraft manufacturers and suppliers are increasingly adopting lightweight materials and energy-efficient components in seat actuation systems. This trend towards eco-friendly innovations has opened up new avenues for growth within the market, with actuation systems designed to be both energy-efficient and more durable, contributing to overall aircraft weight reduction and fuel efficiency.
Brazil's aviation market will also see fleet expansions and modernization, leading to greater demand for new aircraft equipped with cutting-edge seating technologies. Airlines will prioritize the development of more comfortable seating configurations that enhance customer satisfaction, further boosting the adoption of ASAS to deliver improved passenger comfort and optimize space. Therefore, the UAE and Brazil are experiencing strong growth in their travel, tourism, and aviation sectors, directly impacting the demand for aircraft seat actuation systems.
Based on Mechanism, the market is segmented into Linear, and Rotary. Based on Passenger Class, the market is segmented into Economy, Business, Premium Economy, and First Class. Based on Actuator, the market is segmented into Electromechanical, and Other Actuator. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
LAMEA Aircraft Seat Actuation Systems Market Report Segmentation
By Mechanism
By Passenger Class
By Actuator
By Country