Overhead Stowage Bins Market
Report code - SRAD105 | Published On : Jan,2018 | Status: Published | No. of Pages: 212

Aircraft Overhead Stowage Bins Market by Aircraft Type (Narrow-Body Aircraft, Wide-Body Aircraft, Very Large Body Aircraft, and Regional Aircraft), by Aircraft Program Type (B737, B777, B787, A320 Family, A330/A340, A350XWB, A380, B737 Max, B777x, A320neo, A330neo, E175, C Series, and Others), by Bin Type (Shelf Bin, Pivot Bin, and Translating Bin), by Board Type (Inboard and Outboard), by Fit type (Line Fit and Retrofit), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2018-2023

This report, from Stratview Research, studies the overhead stowage bins market for the aircraft industry over the trend period 2012 to 2017 and the forecast period of 2018 to 2023. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market. 

The Overhead Stowage Bins Market for the Aircraft Industry: Highlights 

The global aircraft stowage bins market offers healthy growth opportunities over the next five years to reach an estimated value of US$ 501.3 million in 2023. Increasing commercial aircraft deliveries, the introduction of fuel-efficient variants of existing aircraft programs, an advancement in bin design, and growing aircraft fleet size are the key factors that are driving the demand for overhead stowage bins in the aircraft industry over the next five years.

Overhead bins are originally more than a shelf with a door. they have grown in size over the years and yet have not reached their optimum level. Recent passenger surveys revealed that the lack of overhead space is one of the biggest gripes in the airline industry today. Airlines keep on conveying to OEMs about their passengers’ complaints regarding the lack of space in overhead bins. They are seeking bins that are large, easier and safer to use, aesthetically good, and easy to maintain.

Both Boeing and Airbus are developing new stowage bins by carving out every single centimeter of space in such a way that the aircraft will accommodate more number of rollaboard bags in it. For instance: Boeing developed large pivot bins for its Sky Interior design in 2010 which is used in the smaller B737 fuselage. Also, major tier players are working with OEMs for developing overhead stowage bins, which are lightweight, aesthetically good, and large in size to accommodate more number of rollaboard bags in the cabin. Recently, FACC AG jointly worked with Airbus and developed a new modular pivot overhead stowage bin for A320 family which increases the overhead stowage volume by 10% and allows increased capacity for up to 60 percent more luggage. 

Narrow-body aircraft is projected to remain the largest aircraft segment of the global aircraft overhead stowage bins market during the forecast period, driven by increasing production rates of A320 family and B737 including their fuel-efficient variants (A320neo and B737 Max) and an advancement in bins technology. Wide-body aircraft is likely to witness the highest growth during the forecast period, driven by B787 and A350XWB and upcoming fuel-efficient variants including B777x and A330neo. 

Overhead Stowage Bins Market - Aircraft Program Type

Aircraft Overhead Stowage Bins Market - Country Analysis

North America is expected to remain the dominant overhead stowage bins market for the aircraft industry during the forecast period. The region is the manufacturing capital of the aerospace industry with the presence of large- to small-sized OEMs, stowage bin manufacturers, and raw material suppliers. Asia-Pacific is likely to witness the highest growth during the same period, driven by an increasing demand for commercial aircraft, the opening of assembly plants of Airbus and Boeing in China, indigenous development of commercial aircraft (COMAC C919), and modernization of old aircraft.  

The supply chain of this market comprises raw material manufacturers, bin component manufacturers, overhead stowage bin manufacturers, aircraft OEMs, and airline companies. The key aerospace OEMs are Boeing, Airbus, Bombardier, Embraer, ATR, and Mitsubishi Heavy Industries and key airliners are Lufthansa, Delta Air, Air China, and Singapore Airlines. The key overhead stowage bin manufacturers are Zodiac Aerospace, FACC AG, Boeing Interior Responsibility Center, Jamco Corporation, and Aim Altitude. New product development, collaboration with OEMs, and long-term contracts are some of the key strategies adopted by the major players to gain a competitive edge in the market. All the players are developing larger and lightweight bins that can accommodate a large number of rollaboard bags. 

Research Methodology

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. More than 500 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. More than 10 detailed primary interviews with the market players across the value chain in all four regions and industry experts have been executed to obtain both qualitative and quantitative insights. 

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis
  • 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 

The aircraft overhead stowage bins market is segmented into the following categories. 

Aircraft Overhead Stowage Bins Market by Aircraft Type:

  • Narrow-Body Aircraft
  • Wide-Body Aircraft
  • Very Large Body Aircraft
  • Regional Aircraft

Aircraft Overhead Stowage Bins Market by Aircraft Program Type:

  • B737 Aircraft Program
  • B777 Aircraft Program
  • B787 Aircraft Program
  • A320 Family Aircraft Program
  • A330/A340 Aircraft Program
  • A350XWB Aircraft Program
  • A380 Aircraft Program
  • B737 Max Aircraft Program
  • B777x Aircraft Program
  • A320neo Aircraft Program
  • A330neo Aircraft Program
  • E 175 Aircraft Program
  • C Series Aircraft Program
  • Other Aircraft Programs

Aircraft Overhead Stowage Bins Market by Bin Type:

  • Shelf Bin
  • Pivot Bin
  • Translating Bin

Aircraft Overhead Stowage Bins Market by Board Type:

  • Inboard Overhead Stowage Bin
  • Outboard Overhead Stowage Bin

Aircraft Overhead Stowage Bins Market by Fit Type:

  • Line Fit
  • Retro Fit

Aircraft Overhead Stowage Bins Market by Region:

  • North America (Country Analysis: the USA, Canada, and Mexico)
  • Europe (Country Analysis: Germany, France, the UK, Italy, Spain, and Rest of Europe)
  • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
  • Rest of the World (Sub-Region Analysis: the Middle East, Latin America, and Others)

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

  • Detailed profiling of additional market players (up to 3 players)
  • SWOT analysis of key players (up to 3 players)

Regional Segmentation

  • Current market segmentation of any one of the regions by bin type 

Benchmarking of Key Competitors 

  • Benchmarking of the key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.


List of Figures
List of Tables
Disclaimer
Copyright
Abbreviation
Currency Exchange
About Us
Report Scope
Report Objectives
Research Methodology
Secondary Research
Key Information Gathered from Secondary Research
Primary Research
Key Information Gathered from Primary Research
Breakdown of Primary Interviews by Region, Designation, and Value Chain Node
Data Analysis and Triangulation 


1.    Executive Summary  


2.    Aircraft Overhead Stowage Bins Market - Overview and Market Forces


2.1.          Introduction


2.2.          Market Classification


2.2.1.               By Aircraft Type


2.2.2.               By Platform Type


2.2.3.               By Bin Type


2.2.4.               By Board Type


2.2.5.               By Fit Type


2.2.6.               By Region


2.3.          Market Drivers


2.4.          Market Constraints


2.5.          Supply Chain Analysis


2.6.          Industry Life Cycle Analysis


2.7.          PEST Analysis: Impact Assessment of Changing Business Environment


2.8.          Porter’s Five Forces Analysis


2.8.1.               Bargaining Power of Suppliers


2.8.2.               Bargaining Power of Customers


2.8.3.               Threat of New Entrants


2.8.4.               Threat of Substitutes


2.8.5.               Competitive Rivalry


2.9.          SWOT Analysis 


3.    Aircraft Overhead Stowage Bins Market Analysis – By Aircraft Type


3.1.          Strategic Insights 


3.2.          Narrow-Body Aircraft Overhead Stowage Bins Market Trend and Forecast (US$ Million and Units)


3.3.          Wide-Body Aircraft Overhead Stowage Bins Market Trend and Forecast (US$ Million and Units)


3.4.          Very Large Aircraft Overhead Stowage Bins Market Trend and Forecast (US$ Million and Units)


3.5.          Regional Aircraft Overhead Stowage Bins Market Trend and Forecast (US$ Million and Units) 


4.    Aircraft Overhead Stowage Bins Market Analysis – By Aircraft Program Type


4.1.          Strategic Insights  


4.2.          B737 Overhead Stowage Bins Market Trend and Forecast (US$ Million and Units)


4.3.          B777 Overhead Stowage Bins Market Trend and Forecast (US$ Million and Units)


4.4.          B787 Overhead Stowage Bins Market Trend and Forecast (US$ Million and Units)


4.5.          A320 Family Overhead Stowage Bins Market Trend and Forecast (US$ Million and Units)


4.6.          A330/340 Overhead Stowage Bins Market Trend and Forecast (US$ Million and Units)


4.7.          A350XWB Overhead Stowage Bins Market Trend and Forecast (US$ Million and Units)


4.8.          A380 Overhead Stowage Bins Market Trend and Forecast (US$ Million and Units)


4.9.          B737 Max Overhead Stowage Bins Market Trend and Forecast (US$ Million and Units)


4.10.       B777x Overhead Stowage Bins Market Trend and Forecast (US$ Million and Units)


4.11.       A320neo Overhead Stowage Bins Market Trend and Forecast (US$ Million and Units)


4.12.       A330neo Overhead Stowage Bins Market Trend and Forecast (US$ Million and Units)


4.13.       E 175 Overhead Stowage Bins Market Trend and Forecast (US$ Million and Units)


4.14.       Bombardier C Series Overhead Stowage Bins Market Trend and Forecast (US$ Million and Units)


4.15.       Other Aircraft Program Overhead Stowage Bins Market Trend and Forecast (US$ Million and Units) 


5.    Aircraft Overhead Stowage Bins Market Analysis – By Bin Type


5.1.          Strategic Insights  


5.2.          Aircraft Overhead Shelf Stowage Bins Market Trend and Forecast (US$ Million and Units)


5.3.          Aircraft Overhead Pivot Stowage Bins Market Trend and Forecast (US$ Million and Units)


5.4.          Aircraft Overhead Translating Stowage Bins Market Trend and Forecast (US$ Million and Units) 


6.    Aircraft Overhead Stowage Bins Market Analysis – By Board Type


6.1.          Strategic Insights 


6.2.          Aircraft Inboard Overhead Stowage Bins Market Trend and Forecast (US$ Million and Units)


6.3.          Aircraft Outboard Overhead Stowage Bins Market Trend and Forecast (US$ Million and Units) 


7.    Global Aircraft Overhead Stowage Bins Market Analysis – By Fit Type


7.1.          Strategic Insights


7.2.          Aircraft Line Fit Overhead Stowage Bins Market Trend and Forecast (US$ Million and Units)


7.3.          Aircraft Retrofit Overhead Stowage Bins Market Trend and Forecast (US$ Million and Units) 


8.    Aircraft Overhead Stowage Bins Market Analysis – By Region


8.1.          Strategic Insights 


8.2.          North American Aircraft Overhead Stowage Bins Market Trend and Forecast, by Country


8.2.1.               The USA: Aircraft Overhead Stowage Bins Market Trend and Forecast (US$ Million and Units)


8.2.2.               Canada: Aircraft Overhead Stowage Bins Market Trend and Forecast (US$ Million and Units)


8.2.3.               Mexico: Aircraft Overhead Stowage Bins Market Trend and Forecast (US$ Million and Units)


8.3.          European Aircraft Overhead Stowage Bins Market Trend and Forecast, by Country


8.3.1.               Germany: Aircraft Overhead Stowage Bins Market Trend and Forecast (US$ Million and Units)


8.3.2.               France: Aircraft Overhead Stowage Bins Market Trend and Forecast (US$ Million and Units)


8.3.3.               The UK: Aircraft Overhead Stowage Bins Market Trend and Forecast (US$ Million and Units)


8.3.4.               Italy: Aircraft Overhead Stowage Bins Market Trend and Forecast (US$ Million and Units)


8.3.5.               Spain: Aircraft Overhead Stowage Bins Market Trend and Forecast (US$ Million and Units)


8.3.6.               Rest of Europe: Aircraft Overhead Stowage Bins Market Trend and Forecast (US$ Million and Units)


8.4.          Asia-Pacific’s Overhead Stowage Bins Market Trend and Forecast, by Country


8.4.1.               China: Aircraft Overhead Stowage Bins Market Trend and Forecast (US$ Million and Units)


8.4.2.               Japan: Aircraft Overhead Stowage Bins Market Trend and Forecast (US$ Million and Units)


8.4.3.               India: Aircraft Overhead Stowage Bins Market Trend and Forecast (US$ Million and Units)


8.4.4.               Rest of Asia-Pacific: Aircraft Overhead Stowage Bins Market Trend and Forecast (US$ Million and Units)


8.5.          RoW’s Aircraft Overhead Stowage Bins Market Trend and Forecast, by Sub-Region


8.5.1.               The Middle East: Aircraft Overhead Stowage Bins Market Trend and Forecast (US$ Million and Units)


8.5.2.               Latin America: Aircraft Overhead Stowage Bins Market Trend and Forecast (US$ Million and Units)


8.5.3.               Others: Aircraft Overhead Stowage Bins Market Trend and Forecast (US$ Million and Units) 


9.    Competitive Analysis


9.1.          Strategic Insights


9.2.          Product Portfolio Analysis


9.3.          Presence by Aircraft Type


9.4.          Geographical Presence


9.5.          Customer / Platform Mapping 


9.6.          New Product Launches


9.7.          Strategic Alliances: Mergers and Acquisitions, Joint Ventures, Collaborations, etc.  


9.8.          Market Share Analysis


10.  Strategic Growth Opportunities


10.1.       Strategic Insights


10.2.       Market Attractive Analysis


10.2.1.             Market Attractiveness by Aircraft Type 


10.2.2.             Market Attractiveness by Bin Type


10.2.3.             Market Attractiveness by Platform Type


10.2.4.             Market Attractiveness by Board Type


10.2.5.             Market Attractiveness by Region


10.3.       Emerging Trends


10.4.       Growth Matrix Analysis


10.5.       Key Success Factors 


11.  Company Profile of Key Players


11.1.       Zodiac Aerospace


11.2.       FACC AG


11.3.       Boeing Interior Responsibility Center


11.4.       Jamco Corporation




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