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Aircraft Seat Actuation System Market worth $763 million by 2025
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Aircraft Seat Actuation System Market worth $763 million by 2025 - Exclusive Report by MarketsandMarkets
Aircraft Seat Actuation System Market by Type (Electromechanical, Pneumatic, Hydraulic), End User (OEM, Aftermarket), Aircraft Type, Seat Class, Component, and Region - Global Forecast to 2025 , published by MarketsandMarkets, the market size is projected to grow from USD 496 million in 2020 to USD 763 million by 2025, at a CAGR of 9.0% from 2020 to 2025. The market is driven by various factors, such as increase in demand for premium economy seats and maintenance & retrofitting of existing aircraft.
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The aircraft seat actuation system market includes major players Astronics Corporation (US), ITT Inc. (US), Crane Co. (US), Collins Aerospace (US), and Bühler Motor GmbH (Germany). These players have spread their business across various countries includes North America, Europe, Asia Pacific, M