The aircraft lavatory systems market analysis document represents a detailed collection of prioritized market definitions, industry scope and reach, and pivotal industry insights. Information about the many pitfalls of the market as well as the frequent challenges encountered by core industry players have been summarized in the report. That apart, the document also endorses details about the numerous driving parameters impacting the revenue landscape of this vertical.
Aircraft lavatory systems market is set to observe remarkable growth, driven by the growing accessibility to low-cost travel options and affordable aircraft. The surge in air passenger traffic levels and the augmented need for replacing older aircraft fleet has resulted in the increased production of aircraft. Besides, the higher household incomes and the emergence of new business and regional aircraft have paved the path for increasing deliveries of private jets.
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The market revenue of aircraft lavatory systems from regional jets is pegged to record a CAGR of 7% over the analysis timeframe on account of the rising regional air traffic. The mount in the number of new domestic routes and the increasing replacement of old aircraft is expected to add positive impetus to the market penetration through regional jets.
For instance, Delta Air Lines from Atlanta, in June 2018, revealed its plans to purchase the 20 CRJ900 regional jets from Bombardier Inc in a bid to replace its older jets. These novel jets assisted the company in attracting passengers through a featured atmospheric cabin, comprising a larger lavatory, enhanced baggage capacities, and upgraded aesthetics.
OEMs were responsible for more than 70% of the aircraft lavatory systems market share owing to the globally rising production of aircraft and the higher need for airliners and backlog order completions. The growing number of multi-year contracts and partnerships with system suppliers and manufacturers to help in the stable supply of products will drive the adoption of the systems across the OEM end-users. In addition, the higher instances of various collaborative R&D procedures with manufacturers for the customization of lavatory system solutions have led to enhanced overall passenger experience and hygiene in travel.
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With regard to the regional terrain, North America is emerging as a remunerative hub for the industry. Reportedly, the regional aircraft lavatory systems market is projected to register a substantial CAGR of around 7% through 2027. The growth can be credited to the growing aircraft production and delivery along with better economic conditions in the region stimulating the air travel. Quoting an instance, in 2021, United Airlines Holdings Inc. purchased 25 new Boeing 737 MAX jets in the replacement of old fleet in a bid to enhance its position and meet the rising demand for air travel.
Major Key Points from Table of Content:
Chapter 5 Aircraft Lavatory Systems Market, By Toilet Technology
5.1 Key toilet technology insights
5.2 Vacuum technology
5.2.1 Market estimates and forecast, 2017 - 2027
5.2.2 Market estimates and forecast by region, 2017 - 2027
5.3 Recirculating toilet system
5.3.1 Market estimates and forecast, 2017 - 2027
5.3.2 Market estimates and forecast by region, 2017 - 2027
Chapter 6 Aircraft Lavatory Systems Market, By End-use
6.1 Key end-use sector insights
6.2 Aircraft OEM
6.2.1 Market estimates and forecast, 2017 - 2027
6.2.2 Market estimates and forecast by region, 2017 - 2027
6.3 Aircraft MRO
6.3.1 Market estimates and forecast, 2017 - 2027
6.3.2 Market estimates and forecast by region, 2017 - 2027
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