What is the future of Aircraft Lavatory System Market? Know Covid Impact on Size, Share & Forecasts
July 06, 2020
The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Aircraft Lavatory System Market.
It was estimated prior to this unanticipated outbreak that the Aircraft Lavatory System Market will reach an estimated value of US$ 530.8 million in 2023. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.
For a more detailed breakdown of the COVID-19 impact on this Market, request a free sample of the report here: https://www.stratviewresearch.com/Request-Sample/100/aircraft-lavatory-system-market.html
Aircraft Lavatory System Market Segment Insights:
By Aircraft Type:
Wide-body aircraft is projected to remain the largest aircraft segment of the global aircraft lavatory system market during the forecast period. Narrow-body aircraft is also likely to witness a healthy growth during the forecast period, driven by the introduction of fuel-efficient variants of the best-selling aircraft programs (A320neo and B737 Max).
By Toilet Type:
There has been a continuous shift from recirculating toilet system to the vacuum toilet system in all the next-generation aircraft. Vacuum flush toilets are considered to be less odor inducing and usually light in weight which helps in saving the fuel by reducing the need to carry large reserves of blue recirculating water and minimizing the risk of Blue Ice due to the spilling of water. Major lavatory manufacturers are developing advanced vacuum toilet-based lavatory system by making it lighter in weight using composite materials. It will reduce the overall maintenance cost and remove waste rapidly during the flush cycle.
By Region:
North America is expected to remain the largest market for lavatory systems in the aircraft industry. The region is the manufacturing hub of the major commercial aircraft manufacturer, tier players, and raw material suppliers. Boeing is the largest procurer of the lavatory systems in the region. Europe is likely to witness the highest growth during the forecast period, driven by increasing production rates of A350XWB and A320 family including Neo version. Asia-Pacific is likely to be the fastest-growing market during the forecast period, driven by a host of factors including the opening of assembly plants of Boeing and Airbus in China, increasing demand for commercial aircraft to support rising passenger traffic, and indigenous development of commercial and regional aircraft (COMAC C919 and Mitsubishi MRJ).
Click below to run through the detailed ToC of the report:
https://www.stratviewresearch.com/toc/100/aircraft-lavatory-system-market.html
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
Based on the research, a proper report is crafted with the following key features:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- COVID-19 Impact Assessment
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
Click here for other high value market reports from Stratview Research in the Aerospace & Defence Industry: https://www.stratviewresearch.com/market-reports/Aerospace-Defense.html
About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
We have a strong team of industry veterans and analysts with an extensive experience in executing custom research projects for mid-sized to Fortune 500 companies, in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy, Go to Market Strategy, and Voice of Customer studies.
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
For enquiries,
Contact:
Stratview Research
E-mail: sales@stratviewresearch.com
Direct: +1-313-307-4176