The Global Aircraft Refurbishing Market Report is a panoramic study of the overall Aircraft Refurbishing Market published by Emergen Research and covers a wide-ranging analysis of the technological advancements and product developments in the Aircraft Refurbishing Market. The report provides a detailed analysis of the key factors of the Aircraft Refurbishing Market that are expected to have a positive impact on the growth of the Aircraft Refurbishing Market industry.
The global aircraft refurbishing market size reached USD 4.55 Billion in 2020 and is expected to register a revenue CAGR of 5.6%, during the forecast period. Steady increase in demand for attractive interior designs along with development of in-flight entertainment systems is a key factor driving market revenue growth. Rising competition among domestic and international airline carriers and need to comply with various standards, drive brand value, and offer more enhanced flight experience are some key factors resulting in refurbishing of aircraft and installation or more attractive interior design. Increasing focus on more advanced and efficient and enhanced travelling experience has been resulting in opening up of new and more lucrative revenue opportunities for players in the aircraft refurbishing industry. Interiors, including cabins and cockpits, are restructured and redesigned during refurbishment, and these processes provide additional benefits, including reduced operational costs and improved end-user travel experience. Aircraft refurbishing service providers continue to explore more efficient and cost-effective, and visually appealing ways of refurbishing aircraft. In addition, consumer electronics are also integrated and repackaged as in-flight entertainment system components. Because these electronic components have a limited lifespan, aircraft refurbishment plays a crucial role in keeping these components ahead of the competition and avoid obsolescence.
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Competitive Landscape:
Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.
Companies profiled in the global Aircraft Refurbishing market:
Hong Kong Aircraft Engineering Company Limited, Singapore Technologies Engineering Aerospace, Lufthansa Technik AG, AAR Corporation, Rolls Royce Holdings PLC, SIA Engineering Company Limited, Delta TechOps, SR Technics Switzerland AG, Turkish Technic, and MRO Holdings, Inc.
Key insights presented in the report:
Market revenue shares by major business players, by type, by application, and market scope of global Aircraft Refurbishing market
Sales revenue by key players and new entrants
Competitive analysis of key players, including aspects such as company overview, product or services specification, vendors, and buyers
Recent mergers, acquisitions, product launches, recent investments, and joint ventures
Regional analysis to provide insight into recent trends and opportunities
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Segments Covered in this report are:
Aircraft Type Outlook (Revenue, USD Billion; 2018–2028)
- Narrow Body Aircraft
- Wide Body Aircraft
- Large Body Aircraft
Refurbishing Type Outlook (Revenue, USD Billion; 2018–2028)
- Interior Refurbishing
- Exterior Refurbishing
Applications Outlook (Revenue, USD Billion; 2018–2028)
- Passenger To Freighter
- Commercial Cabin
- VIP Cabin
Fitting Type Outlook (Revenue, USD Billion; 2018–2028)
- Passenger Seat
- LED Lighting
- Retrofit
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Regional Analysis Covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The all-inclusive report on the Global Aircraft Refurbishing Market added by Emergen Research demonstrates that the global Aircraft Refurbishing market is presumed to grow at a steady CAGR throughout the forecast timeline. The report analyzed the key market drivers, restraints, growth opportunities, investment opportunities, threats, and limitations of the Aircraft Refurbishing market. The report also offers accurate forecast estimation at a global and regional level to impart a better understanding of the scope of the market.
Key Questions Answered in the Report:
What will be the estimated growth rate of the Aircraft Refurbishing market by 2028?
Who are the prominent distributors, vendors, and manufacturers of the market?
What are the driving and restraining factors of the growth of the Aircraft Refurbishing market throughout the forecast period?
What are the current and future market trends of the Aircraft Refurbishing market?
What are the sales and price analysis of the product by types, applications, and regions?
What are the expected opportunities for the companies and new entrants in the coming years?
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