Commercial Aircraft Passenger Service Unit (PSU) Market size is set to grow by USD 319.97 million from 2022 to 2027, North America to account for 41% of the market growth- Technavio

NEW YORK, June 14, 2023 /PRNewswire/ -- The global commercial aircraft passenger service unit (PSU) market size is estimated to grow by USD 319.97 million from 2022 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 5.35% during the forecast period. The development of sleek and attractive PSUs that increase the safety and comfort level in aircraft notably drives the commercial aircraft PSU market growth. Aircraft OEMs and airline operators prefer sleeker PSUs over conventional, bulky PSUs that were used earlier in commercial aircraft, as the airline industry evolves. Moreover, the growing preference for sleeker PSUs can be attributed to the increased focus on making aircraft cabins more spacious. For instance, Rockwell Collins, a subsidiary of United Technologies, has developed a new-generation oxygen-delivering technology called the PulseOx passenger oxygen system, which uses pulse technology to provide oxygen more efficiently. Hence, such factors drive the market growth during the forecast period. For Comprehensive details on the market size of historic period(2017 to 2021) and forecast period (2023-2027) - View Sample report

Vendor Landscape
The commercial aircraft passenger service unit (PSU) market is concentrated; the vendors are competing with competitors and are trying to get a greater market share. The market is growing, and the chances of new entrants cannot be overlooked. The major vendors have well-established economies of scale and market presence and generally rely on positioning technological advances, and the price of the products -The report provides a full list of key vendors, their strategies, and the latest developments. Buy Now 

Commercial Aircraft Passenger Service Unit (PSU) Market - Market Dynamics

Leading trends influencing the market 

The development of PSUs with a display is an emerging trend in the commercial aircraft PSU market's growth. Bombardier, a leading aircraft manufacturer, has developed a PSU with a display feature, and in 2016, the company introduced this PSU in the Bombardier C Series aircraft supplied to Swiss International Air Lines.

Moreover, the PSU features a screen display about the size of a smartphone, which enables the aircraft crew to convey crucial information to passengers seated in each row. Other than providing crucial information, such as showing safety videos prior to departure, the screen also displays a moving map during the flight. Hence, such trends fuel the market growth during the forecast period.

Major challenges hindering the market growth

The cost pressure on the aviation supply chain is the major challenge that may hinder the commercial aircraft PSU market's growth. A PSU comprises various elements combined into one single unit, and this unit commands a premium price.

Furthermore, the components must meet the stringent quality control and tests defined by stakeholders, which include aircraft OEMs. In addition, both aircraft OEMs and component manufacturers are exploring various avenues to keep production costs under control while maintaining quality standards. Hence, such challenges may impede market growth during the forecast period.

Technavio has identified key trends, drivers, and challenges in the market, which will
help clients improve their strategies to stay ahead of their competitors. - View Sample
Report

Company Profiles

The commercial aircraft passenger service unit (PSU) market report includes information on the product launches, sustainability, and prospects of leading vendors including Aero Mock Ups Inc., Astronics Corp., Cabin Crew Safety Ltd., LTG Rastatt GmbH, Raytheon Technologies Corp., Safran SA, and Triumph Group Inc.

Competitive Analysis

The report includes competitive analysis, a proprietary tool to analyze and evaluate the position of companies based on their industry position score and market performance score. The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, and growth in market share, among others.

 Market Segmentation

This report extensively covers market segmentation by application (narrow-body aircraft, wide-body aircraft, and regional aircraft), component (AC vents, loudspeakers, automatically deployable oxygen masks, lighting system components, and others), and geography (North America, Europe, APAC, South America, and Middle East and Africa).

• The narrow-body aircraft segment will be a significant contributor to market growth during the forecast period. A narrow-body aircraft has a twin-engine setup integrated with the wings to provide thrust. The demand for such aircraft is attributed to factors such as the efficiency-focused operations of commercial airline operators in emerging and developed economies.

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1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Component
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022 

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global commercial aircraft passenger service unit (PSU) market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on global commercial aircraft passenger service unit (psu) market market 2017 - 2021 ($ million)

• 4.2 Application Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)

• 4.3 Component Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Component Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

• 6.1 Market segments 
• Exhibit 30: Chart on Application - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Application - Market share 2022-2027 (%)

• 6.2 Comparison by Application 
• Exhibit 32: Chart on Comparison by Application
• Exhibit 33: Data Table on Comparison by Application

• 6.3 Narrow-body aircraft - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Narrow-body aircraft - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Narrow-body aircraft - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Narrow-body aircraft - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Narrow-body aircraft - Year-over-year growth 2022-2027 (%)

• 6.4 Wide-body aircraft - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Wide-body aircraft - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Wide-body aircraft - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Wide-body aircraft - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Wide-body aircraft - Year-over-year growth 2022-2027 (%)

• 6.5 Regional aircraft - Market size and forecast 2022-2027 
• Exhibit 42: Chart on Regional aircraft - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Regional aircraft - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Regional aircraft - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Regional aircraft - Year-over-year growth 2022-2027 (%)

• 6.6 Market opportunity by Application 
• Exhibit 46: Market opportunity by Application ($ million)
• Exhibit 47: Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by Component

• 7.1 Market segments 
• Exhibit 48: Chart on Component - Market share 2022-2027 (%)
• Exhibit 49: Data Table on Component - Market share 2022-2027 (%)

• 7.2 Comparison by Component 
• Exhibit 50: Chart on Comparison by Component
• Exhibit 51: Data Table on Comparison by Component

• 7.3 AC vents - Market size and forecast 2022-2027
• Exhibit 52: Chart on AC vents - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Data Table on AC vents - Market size and forecast 2022-2027 ($ million)
• Exhibit 54: Chart on AC vents - Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on AC vents - Year-over-year growth 2022-2027 (%)

• 7.4 Loud speakers - Market size and forecast 2022-2027
• Exhibit 56: Chart on Loud speakers - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Data Table on Loud speakers - Market size and forecast 2022-2027 ($ million)
• Exhibit 58: Chart on Loud speakers - Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on Loud speakers - Year-over-year growth 2022-2027 (%)

• 7.5 Automatically deployable oxygen masks - Market size and forecast 2022-2027 
• Exhibit 60: Chart on Automatically deployable oxygen masks - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Data Table on Automatically deployable oxygen masks - Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Chart on Automatically deployable oxygen masks - Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on Automatically deployable oxygen masks - Year-over-year growth 2022-2027 (%)

• 7.6 Lighting system components - Market size and forecast 2022-2027 
• Exhibit 64: Chart on Lighting system components - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Data Table on Lighting system components - Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Chart on Lighting system components - Year-over-year growth 2022-2027 (%)
• Exhibit 67: Data Table on Lighting system components - Year-over-year growth 2022-2027 (%)

• 7.7 Others - Market size and forecast 2022-2027
• Exhibit 68: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 71: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 7.8 Market opportunity by Component 
• Exhibit 72: Market opportunity by Component ($ million)
• Exhibit 73: Data Table on Market opportunity by Component ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 75: Chart on Market share by geography 2022-2027 (%)
• Exhibit 76: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 77: Chart on Geographic comparison
• Exhibit 78: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027
• Exhibit 79: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027
• Exhibit 83: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027
• Exhibit 87: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027
• Exhibit 91: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 95: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 99: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 France - Market size and forecast 2022-2027
• Exhibit 103: Chart on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 104: Data Table on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 105: Chart on France - Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on France - Year-over-year growth 2022-2027 (%)

• 9.10 Germany - Market size and forecast 2022-2027
• Exhibit 107: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 108: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 109: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 110: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.11 UK - Market size and forecast 2022-2027
• Exhibit 111: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 112: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 113: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 114: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.12 Canada - Market size and forecast 2022-2027
• Exhibit 115: Chart on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 116: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 117: Chart on Canada - Year-over-year growth 2022-2027 (%)
• Exhibit 118: Data Table on Canada - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 119: Market opportunity by geography ($ million)
• Exhibit 120: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers 

• 10.2 Market challenges 

• 10.3 Impact of drivers and challenges 
• Exhibit 121: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends 

11 Vendor Landscape

• 11.1 Overview 

• 11.2 Vendor landscape 
• Exhibit 122: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 123: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 124: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 125: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 126: Matrix on vendor position and classification

• 12.3 Aero Mock Ups Inc. 
• Exhibit 127: Aero Mock Ups Inc. - Overview
• Exhibit 128: Aero Mock Ups Inc. - Product / Service
• Exhibit 129: Aero Mock Ups Inc. - Key offerings

• 12.4 Astronics Corp. 
• Exhibit 130: Astronics Corp. - Overview
• Exhibit 131: Astronics Corp. - Business segments
• Exhibit 132: Astronics Corp. - Key offerings
• Exhibit 133: Astronics Corp. - Segment focus

• 12.5 Cabin Crew Safety Ltd. 
• Exhibit 134: Cabin Crew Safety Ltd. - Overview
• Exhibit 135: Cabin Crew Safety Ltd. - Product / Service
• Exhibit 136: Cabin Crew Safety Ltd. - Key offerings

• 12.6 LTG Rastatt GmbH 
• Exhibit 137: LTG Rastatt GmbH - Overview
• Exhibit 138: LTG Rastatt GmbH - Product / Service
• Exhibit 139: LTG Rastatt GmbH - Key offerings

• 12.7 Raytheon Technologies Corp. 
• Exhibit 140: Raytheon Technologies Corp. - Overview
• Exhibit 141: Raytheon Technologies Corp. - Business segments
• Exhibit 142: Raytheon Technologies Corp. - Key news
• Exhibit 143: Raytheon Technologies Corp. - Key offerings
• Exhibit 144: Raytheon Technologies Corp. - Segment focus

• 12.8 Safran SA 
• Exhibit 145: Safran SA - Overview
• Exhibit 146: Safran SA - Business segments
• Exhibit 147: Safran SA - Key news
• Exhibit 148: Safran SA - Key offerings
• Exhibit 149: Safran SA - Segment focus

• 12.9 Triumph Group Inc. 
• Exhibit 150: Triumph Group Inc. - Overview
• Exhibit 151: Triumph Group Inc. - Business segments
• Exhibit 152: Triumph Group Inc. - Key offerings
• Exhibit 153: Triumph Group Inc. - Segment focus

13 Appendix

• 13.1 Scope of the report 

• 13.2 Inclusions and exclusions checklist
• Exhibit 154: Inclusions checklist
• Exhibit 155: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 156: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 157: Research methodology
• Exhibit 158: Validation techniques employed for market sizing
• Exhibit 159: Information sources

• 13.5 List of abbreviations 
• Exhibit 160: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com

SOURCE Infiniti Research, Inc.

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