The most recent study conducted by Report Ocean, titled “Global C ommercial Aircraft Lavatory SystemMarket Size, Share, Pricing, Trends, Growth, Report and Forecast 2023-2030,” presents a comprehensive analysis of the worldwide market. This research delves into the factors driving the market, emerging trends, opportunities for development, as well as potential limitations that may affect the Commercial Aircraft Lavatory System. The report provides an estimation of the global market size and examines recent strategic actions taken by prominent international competitors.
Global Commercial Aircraft Lavatory System Market is valued approximately USD $ million in 2019 and is anticipated to grow with a healthy growth rate of more than 5.2% over the forecast period 2020-2027. An aircraft lavatory or plane toilet is a small room on an aircraft with a toilet and sink. The lavatory provides door locks, accessible call buttons, grab bars, faucets and other controls in a confined space. The market is gaining traction due to rising eminence of lightweight & space-saving solutions for air carriers, increasing commercial aircraft deliveries and growing aircraft fleet size accelerates the growth of market. In January 2020, Airbus announced that, it will be producing 63 A320 Family aircrafts per month in 2021.
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According to data from the U.S. Bureau of Economic Analysis and the U.S. Census Bureau, the goods and services deficit increased by $1.9 billion from $68.7 billion in January 2023 to $70.5 billion in February. The increase in the goods and services deficit in February was due to a $2.7 billion increase in the goods deficit to $93.0 billion and a $0.8 billion increase in the services surplus to $22.4 billion. Compared to the same period in 2022, the goods and services deficit has dropped this year by $35.5 billion, or 20.3%. $49.5 billion or 10.8% more was exported. 2.2% or $14.0 billion more was spent on imports.
In addition to that, investment totaling $1billion are to be made in the gulf coast city to expand its manufacturing plant. Furthermore, improving Revenue Passenger Kilometers (RPK) globally owing to the thriving tourism sector is constructively influencing the market demand over the study time period. For illustration , according to the International Air Transport Association (IATA), in 2017, revenue passenger kilometers reported for 7702 billion RPK, up 7% from 2016. The market faces restraint due to the outbreak of COVID-19, which is expected to hamper the market growth to some extent especially during the short run.
The regional analysis of global Commercial Aircraft Lavatory System Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is the leading/significant region across the world in terms of market share due to the Increasing commercial aircraft deliveries and growing aircraft fleet size and Further Europe is considered as second largest region in the growth of the market due to manufacturing hub of the major commercial aircraft manufacturer.
Major market player included in this report are:
Zodiac Aerospace
B/E Aerospace
Jamco,
Diehl Aerosystems
Yokohama Aerospace America, Inc.
Asia Spirit
CIRCOR Aerospace and Defense
The Nordam Group
AeroAid Limited
Geven SpA
Scope of the report
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Narrow Body Aircraft
Wide Body Aircraft
Very Large Aircraft
Business General Aviation
By Product:
Toilet Shroud Assembly
Wash Basin Assembly
LED Lighting
Lavatory Body
Others
By Fit:
Line fit
Retro fit
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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