The global aircraft lavatory system market size stood at USD 499.1 million in 2021. The market is anticipated to rise from USD 501.6 million in 2022 to USD 706.9 million by 2029 at a 5.02% CAGR during the forecast period. Fortune Business Insights™ has delved into these insights in its latest research report, titled, “Aircraft Lavatory System Market, 2022-2029.”
According to the study, innovations to reduce maintenance cost and weight will augur well for the business outlook. Leading airline companies are also likely to explore opportunities in the penetration of lavish lavatories in the ensuing period. Robust government policies amidst the COVID-19 pandemic will foster industry growth.
Get Sample PDF Brochure:
Drivers and Restraints
Innovations and Technological Advancements to Bolster Growth Potentials
Industry players are poised to inject funds into innovations to expand footfall across untapped areas. OEMs have furthered investments across lavatory and seats to improve cabin comfort. Leading companies are likely to seek technological advancements in vacuum toilets and LED lighting. Aircraft lavatory system market share will witness a notable gain owing to the trend for the modernization of commercial lavatory solutions. With the focus on modular lavatories, leading companies are likely to minimize aircraft downtime. Besides, a gradual rise in air passenger traffic will encourage aircraft manufacturers and suppliers to bolster their portfolios.
Meanwhile, a dip in the production of commercial jumbo jets could provide a stiff challenge to industry players striving to bolster their portfolios.
Report Coverage
The report provides a holistic view of the market size,share, volume and revenue. It has also delved into Porters’ Five Force Analysis and SWOT analysis. The report has been prepared through qualitative and quantitative analysis to bolster the strategic approach. The primary interviews have been used to validate assumptions, findings and the prevailing business scenarios. The report has also been prepared through secondary resources, such as annual reports, press releases, white papers and journals.
Segmentations
In terms of aircraft type, the market is segmented into business jet, commercial aircraft and regional aircraft.
With respect to technology, the industry is segregated into recirculating technology and vacuum technology.
On the basis of component, the market covers plumbing system, toilet assembly, lavatory cabin, waste & water tank assembly, electric & electronic components and others.
Based on end-user, the industry is fragmented into aftermarket and OEM.
On the geographical front, the market includes Europe, North America, Asia Pacific, Latin America and the Middle East & Africa.
Inquire Before Buying This Research Report:
https://www.fortunebusinessinsights.com/enquiry/queries/aircraft-lavatory-system-market-105533
Regional Insights
North America Market to Gain Uptick with Notable Expansion of Commercial Fleets
The U.S. is likely to provide lucrative opportunities to leading aircraft companies vying to boost their penetration. North America market size was valued at USD 153.1 million in 2021 and will grow on account of the presence of leading aircraft lavatories manufacturers. Expanding business and large commercial jet fleets will expedite innovation across the region.
Asia Pacific aircraft lavatory system market growth will observe an upward trajectory during the forecast period. The outlook is mainly attributed to the penetration of the commercial aircraft fleet and the emergence of leading players. Besides, vacuum technology will be sought after across China, India and Australia on the back of the demand for valves, vacuum toilets, sensors and vacuum generators.
Leading companies are poised to inject funds into the UAE, Saudi Arabia and South Africa owing to investments in advancements of lavatory systems. Prominently, the trend for a sophisticated wide-body long haul fleet in South Africa will foster the Middle East & Africa industry forecast. The growth of regional aircraft will bode well for the industry size expansion.
Competitive Landscape
Stakeholders Bolster Product Offerings to Tap Markets
Stakeholders are poised to infuse funds into product rollouts, technological advancements and mergers & acquisitions. Well-established players and new players could invest in R&D activities to gain a competitive edge. In doing so, investments in geographical expansion could be pronounced over the next few years.
Key Industry Development
- April 2021 – All Nippon Airways (ANA) joined hands with JAMCO Corporation to produce the world’s first hands-free door allowing convenient access to its aircraft’s restrooms.
Major Players Profiled in the Market Report:
- Diehl Aerosystems (Germany)
- JAMCO Corporation (Japan)
- Yokohama Aerospace America, Inc. (U.S.)
- CIRCOR Aerospace and Defense, Inc. (U.S.)
- Safran Group (Cabin) (France)
- AIM Altitude (U.K.)
- The Nordam Group LLC (U.S.)
- Collins Aerospace (U.S.)
- AeroAid Ltd (Ireland)
Speak to Analysis Before Buying This Report:
Read Related News:
Space Situational Awareness Market Forecast
Space Situational Awareness Market Analysis
Space Situational Awareness Market Opportunities
Space Situational Awareness Market Trends
Space Situational Awareness Market Size
About Us:
Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.
Contact Us:
Fortune Business Insights Pvt. Ltd.
9th Floor, Icon Tower,
Baner – Mahalunge Road, Baner,
Pune-411045, Maharashtra, India.
Phone:
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Email: [email protected]
Connect us via Social Media Channels: