Global Rotorcraft Seating Market 2018-2022
About Rotorcraft Seating
Rotorcraft seats accommodate passengers and crew members during flight commutes. The seating arrangement in rotorcraft varies depending on the type of rotorcraft application.
Technavio’s analysts forecast the global rotorcraft seating market to grow at a CAGR of 4.99% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global rotorcraft seating market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Rotorcraft Seating Market 2018-2022
Technavio recognizes the following companies as the key players in the global rotorcraft seating market: BAE Systems, Rockwell Collins, STELIA Aerospace, UNITED TECHNOLOGIES, and ZODIAC AEROSPACE.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is advancements in seat materials. Of late, rotorcraft operators and OEMs are investing in developing innovative materials that can replace heavy seats with lightweight cushion. Octaspring, the latest innovation in the foam industry, combines the comfort of foam wand the functions of spring.”
According to the report, one driver in the market is growing demand for high-end helicopters. The growth of the tourism industry and the increase in number of high-net-worth individuals have led to the increased demand for high-end helicopters. Such helicopters are owned either by corporations or private individuals. They are characterized by custom artworks and comfortable seating. The internal-engineering specifications associated with high-end helicopters contribute to the growth of the global rotorcraft seating market to a certain extent.
Further, the report states that one challenge in the market is reduction in demand for helicopters due to tumbling oil prices. In the oil and gas industry, helicopters are used to transport oil workers to offshore rigs. The collapse in oil prices has negatively impacted such companies. This has limited the use of helicopters by oil and gas companies.