Dublin | May 22, 2019–The “Global Commercial Aircraft Passenger Service Unit (PSU) Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.

The commercial aircraft passenger service unit (PSU) market will register a CAGR of about 7% by 2023.

The growing initiatives of prominent OEMs for enhancing the production activities for achieving higher performance levels are expected to trigger the market growth during the forecast period. OEMs are adopting integration and full cross-functional alignment for managing industrial activities and achieving a high-performance level. In addition, the market players are defining and deploying industrial strategies for ensuring the best industrial standards. As a result, such initiatives will further boost the commercial aircraft passenger service unit market during the forecast period.

Market Overview

Growing demand for new generation aircraft

The global commercial aviation industry is growing steadily amid rapidly increasing air traffic, at the international, regional and domestic levels. The growing adoption of wide-body aircraft, especially in the middle east, is also promoting the growth of the global commercial aircraft PSU market during the forecast period.

Stringent legal norms and quality standards in the aviation industry

The global aviation industry is governed by numerous laws and regulations, which in a way define aviation industry. The increased costs of complying with such stringent regulations challenge the mass-scale production of commercial aircraft components and parts.

Competitive Landscape

The market appears to be highly concentrated and with the presence of a few market players. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

  • Market segmentation by application
  • Comparison by application
  • Narrow-body aircraft – Market size and forecast 2018-2023
  • Wide-body aircraft – Market size and forecast 2018-2023
  • Regional aircraft – Market size and forecast 2018-2023
  • Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2018-2023
  • Europe – Market size and forecast 2018-2023
  • APAC – Market size and forecast 2018-2023
  • South America – Market size and forecast 2018-2023
  • MEA – Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Development of PSUs with display
  • Development of personalized PSUs
  • Growing consolidation in aviation supply chain

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Astronics Corporation
  • Luminator Technology Group
  • Safran
  • Triumph Group
  • United Technologies

PART 14: APPENDIX

For more information about this report visit https://www.researchandmarkets.com/r/rplbrd

East Aurora, NY | April 7, 2016– Astronics Corporation (NASDAQ: ATRO), a leading supplier of products to the global aerospace, defense, consumer electronics and semiconductor industries, announced today that its Luminescent Systems Inc. subsidiary has been selected by Diehl Aerospace GmbH to design, develop and supply the emergency lights for the Embraer E2 program, the latest generation regional aircraft of the Brazilian manufacturer. In addition, Diehl Aerospace GmbH selected PECO Inc., Astronics’ subsidiary specializing in cabin interior, structures and military assemblies, to design, develop and manufacture the E2 program’s Passenger Service Units. Diehl Aerospace GmbH was selected by Embraer as the prime contractor to supply the entire Cabin Lighting System, the Cabin Management System and the Passenger Service Units for the new E2 family of regional aircraft.

Peter J. Gundermann, President and Chief Executive Officer of Astronics, commented, “We are very proud to take part in the Embraer E2 program. This is a critical win for Astronics, because it reinforces our success in providing innovative, light weight, highly-reliable lighting solutions and stylish Passenger Service Units, and it extends our content and value on commercial transport aircraft.”

East Aurora, NY | September 2, 2015– Astronics Corporation (NASDAQ: ATRO), a leading supplier of products to the global aerospace, defense, consumer electronics and semiconductor industries, announced today that it has been selected to supply the Passenger Service Units (PSU) on the new family of long-range Boeing 777X aircraft. The award is subject to the execution of a final purchase agreement.

Mr. Peter J. Gundermann, President and Chief Executive Officer of Astronics, commented, “We have had a long-standing relationship with Boeing on the 777 platform, and we are excited to participate on the 777X. We appreciate the confidence Boeing has expressed in us and look forward to our product contributing to the cabin innovations and improved passenger comfort levels Boeing plans for the 777X.”

Production of the 777X, the largest and most efficient twin-engine jet in the world, will begin in 2017. There currently are 320 orders and commitments for the aircraft. The cabin interior will include larger windows, a wider cabin, new lighting and enhanced architecture, including the Astronics PSU.