Aircraft PSU Market Report

Aircraft PSU Market Report

Aircraft PSU Market Report
Report code - SR2147 Published On : Sep,2022 No. of Pages: 125
Aircraft PSU (Passenger Service Unit) Market Size, Share, Trend, Forecast, Competitive Ana See more...

Attractive Opportunities

Global Demand Analysis & Sales Opportunities in Aircraft PSU Market

  • The annual demand for aircraft PSU was USD 235.5 million in 2024 and is expected to reach USD 265.8 million in 2025, up 9.2% than the value in 2024.
  • During the forecast period (2025 to 2034), the aircraft PSU market is expected to grow at a CAGR of 3.1%. The annual demand will reach of USD 351.4 million in 2034.
  • During 2025-2034, the aircraft PSU industry is expected to generate a cumulative sales opportunity of USD 3183.00 million.

High-Growth Market Segments:

  • North America is projected to retain its supremacy during the forecast period, whereas Asia-Pacific is expected to experience the fastest growth. 
  • By Aircraft type, Narrow-Body Aircraft are likely to remain the dominant segment. B737 Max and A320neo will remain the growth engines. A220 and C919 to add a stir to the growth momentum.
  • By Sales Channel type, SFE is estimated to remain the dominant and fastest-growing segment during the forecast period.
  • By End-Use type, OE is expected to maintain its dominance during the forecast period and is also likely to be the fastest-growing segment during the same period.

Market Statistics

Have a look at the sales opportunities presented by the aircraft PSU market in terms of growth and market forecast.

Aircraft PSU Market Data & Statistics

 

Market Statistics

Value (in USD Million)

Market Growth (%)

Annual Market Size in 2023

USD 214.1 million

-

Annual Market Size in 2024

USD 235.5 million

YoY Growth in 2024: 12.9%

Annual Market Size in 2025

USD 265.8 million

YoY Growth in 2025: 9.2%

Annual Market Size in 2034

USD 351.4 million

CAGR 2025-2034: 3.1%

Cumulative Sales Opportunity during 2025-2034

USD 3183.00 million

-

Top 10 Countries’ Market Share in 2024

USD 188 million+

> 80%

Top 10 Company’s Market Share in 2024

USD 118 million to 164 million

 50% - 70%

Market Dynamics

Introduction:

What is an aircraft PSU?

Aircraft PSU is a component of an aircraft fitted above each row of seats. It consists of reading lights, an attendant call button, and illuminated signs (to let people know that the aircraft is a no-smoking zone and remind them to wear their seatbelts). Apart from these, it also contains loudspeakers, air gaspers (air outlets), air conditioning vents, and deployed oxygen masks (to be used in case of emergency).

\Many aircraft manufacturers are switching from traditional PSUs to sleek and elegant PSUs. Sleeker PSUs are preferred by airlines since they increase cabin space as well as make significant contributions to weight reduction. This has prompted numerous vendors to modify and improve their PSUs, making them sleeker and more appealing.

Segment Analysis

Segmentations

List of Sub-Segments

Dominant and Fastest-Growing Segments

End-User Type

OE and Aftermarket

OE is likely to remain the demand propeller; however, the aftermarket is likely to witness impressive growth in the near future.

Aircraft Type

Wide-Body Aircraft, Narrow-Body Aircraft, and Regional Aircraft

Narrow-body aircraft are likely to remain the dominant segment. B737 Max and A320neo will remain the growth engines. A220 and C919 to add a stir to the growth momentum.

Sales Channel Type

SFE and BFE

SFE is estimated to remain the dominant and faster-growing segment during the forecast period.

Regions

North America, Europe, Asia-Pacific, and Rest of the World

North America is likely to remain the dominant region, whereas Asia-Pacific is projected to remain the fastest-growing region during the forecast period.

By Aircraft Type

"The narrow-body aircraft segment accounted for the largest market share."

  • Based on the aircraft type,  the market is segmented into narrow-body aircraft, wide-body aircraft, and regional aircraft. Narrow-body aircraft is expected to remain the biggest demand generator for PSUs during the forecast period in the wake of an expected increase in the production rate of key aircraft programs, rebounding aftermarket, and development of passenger-friendly cabin environments.

By End-User Type

"The OE segment accounted for the largest market share."

  • Based on the end-user type, the aircraft PSU market is segmented into OE and aftermarket. OE is expected to lead the market during the forecast period, owing to increasing production rates of key aircraft programs (B737, A320 family, etc.) and the entry of new players (COMAC and Irkut). Aftermarket, securing a reasonable market share, is likely to generate a plethora of growth opportunities in the near future. Airlines either postponed or canceled their aircraft refurbishments in 2022 for the year 2023. This trend was visible at both OE and aftermarket levels. Increasing air passenger traffic is likely to rejuvenate the withered demand in the near future at the aftermarket level.

By Sales Channel Type

"The SFE segment accounted for the largest market share."

  • Based on the sales channel type, the market is segmented as BFE (buyer-furnished equipment) and SFE (supplier-furnished equipment). SFE is expected to be the dominant as well as the fastest-growing sales channel type in the coming years. The ratio of SFE to BFE differs from company to company. Also, some players have a high focus on one channel type. For instance, Collins Aerospace has a major presence in SFE, whereas Diehl Aviation is one of the major players in BFE.

Regional Analysis

"North America accounted for the largest market share."

  • In terms of region, North America is expected to remain the largest market during the forecast period. The presence of major aircraft manufacturers, tier players, distributors, and raw material suppliers primarily drives the demand for PSUs in the region. The USA, being the dominant market in the region, will continue to drive the market expansion in the region. Asia-Pacific is likely to experience the highest market growth in the next five years, owing to the development of commercial and regional aircraft (CMAC's C919), the presence of the largest fleet of commercial aircraft, and assembly plants of Boeing and Airbus in China.

Aircraft-PSU-Market-Regional-Analysis

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Competitive Landscape

Most of the major players compete in some of the factors, including price, service offerings, regional presence, etc. The following are the key players in the aircraft PSU market -  

  • Collins Aerospace
  • Safran S.A.
  • Astronics Corporation
  • Diehl Stiftung & Co. KG
  • Luminator Aerospace

Note: The above list does not necessarily include all the top players in the market.

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Report Features

This report provides market intelligence most comprehensively. The report structure has been kept so that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for 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, Service portfolio, New Product Launches, etc.
  • COVID-19 impact and its recovery curve.
  • Attractive market segments and associated growth opportunities.
  • Emerging trends.
  • Strategic growth opportunities for the existing and new players.
  • Key success factors.

Market Study Period

2019-2034

Base Year

2024

Forecast Period

2025-2034

Trend Period

2019-2023

Number of Tables & Figures

>100

Number of Segments Analysed

5 (Aircraft Type, End-User Type, Sales Channel Type, Component Type, and Region)

Number of Regions Analysed

4 (North America, Europe, Asia-Pacific, Rest of the World)

Countries Analysed

15 (The USA, Canada, Mexico, Germany, France, Italy, The UK, China, Japan, India, Brazil, Saudi Arabia, Rest of Europe, Rest of APAC, and Rest of the World)

Free Customization Offered

10%

After Sales Support

Unlimited

Report Presentation

Complimentary

Market Dataset

Complimentary

Further Deep Dive & Consulting Services

10% Discount

 

Market Segmentation

This report studies the market, covering a period of 15 years of trend and forecast. 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 aircraft PSU market is segmented into the following categories:

Aircraft PSU Market Size, Share & Forecast, By Sales Channel Type:

  • BFE (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • SFE (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Aircraft PSU Market Size, Share & Forecast, By Component Type:

  • Cabin Oxygen System (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Structural (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Elements(Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Aircraft PSU Market Size, Share & Forecast, By Aircraft Type:

  • Narrow-Body Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Wide-Body Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Regional Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Aircraft PSU Market Size, Share & Forecast, By End-Use:

  • OE (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Aftermarket (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Aircraft PSU Market Size, Share & Forecast, By Region:

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

Research Methodology

This report provides market intelligence in the most comprehensive way. This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s aircraft PSU market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.

This report offers high-quality insights and is the outcome of a 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 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

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 three players)
  • SWOT analysis of key players (up to three players)

Competitive Benchmarking

  • Benchmarking of 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 to [email protected]

A Bird's Eye View of the Market

The leading companies in the market for aircraft PSUs are Collins Aerospace, Safran S.A., Astronics Corporation, Diehl Stiftung & Co. KG, and Luminator Aerospace. Most of the major companies have been efficacious in securing long-term contracts with the leading airframers for key aircraft programs.

Aircraft PSU market size was USD 235.5 million in 2024 and is expected to grow from USD 265.8 million in 2025 to USD 351.4 million in 2034, witnessing an impressive market growth (CAGR) of 3.1% during the forecast period (2025-2034).

North America is estimated to be dominant in the aircraft PSU market in the coming years. This region remains the go-getter in technology developments. All the leading aircraft OEMs and interior players have an excellent presence in the region to tap the growing market potential.

Asia-Pacific is estimated to remain the fastest-growing market for aircraft PSUs in the foreseeable future. The entry of new players and huge capital investments drive the overall region’s market. Economies, like China and India, will contribute to the expansion of the Asia-Pacific region.

OE is projected to maintain its dominance in the market during the forecast period, due to rising production rates of important programs especially the B737 and A320 family, new players entering the market (COMAC, etc.), and upcoming aircraft programs.