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Aircraft Refurbishing Market 2018-2023 | Global Leading Players Overview - AAR, Air France Industries, Ascent Aviation, HAECO, Jamco America, JCB Aero, Lufthansa Technik, ST Engineering and SIA Engineering
Global Aircraft Refurbishing Market by Type (Wide-Body, Narrow-Body), Refurbishing Type (Partial or Complete, IFEC System, Others), Application (Passenger to Freighter, Commercial Cabin Refurbishing, VIP Cabin Refurbishing), & Region — Forecast till 2023Aircraft Refurbishing market is estimated to register a CAGR of 6% during the forecast period 2018-2023.
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Market Highlights
The method of renovating the cabin interior, installing new facilities, and making required changes to an aircraft, to improve the comfort and provide a world-class experience to the passengers, is known as aircraft refurbishing. This does not only comprise interior modifications but also, exterior modifications, aerodynamic modifications, and other upgrades.
The factors driving the growth of the market are thee rising need to modify aircraft interiors and increasing demand for narrow body aircraft. However, a major challenge to this market growth is the high initial investment required for aircraft refurbishing.
The market in Europe is expected to witness the highest growth during the forecast period. This growth is attributed to the increasing demand for aircraft refurbishing in this region during the forecast period. Moreover, countries such as the U.K, Germany, and France are expected to contribute to the growth of the regional market.
Key Players
The key players in the aircraft refurbishing market are AAR (U.S.), Air France Industries KLM E&M (France), Ascent Aviation Services (U.S.), GKN (UK), Hong Kong Aircraft Engineering Company (China), Jamco America Inc. (U.S.), JCB Aero (France), Lufthansa Technik (Germany), SIA Engineering Company (Singapore), and Singapore Technologies Engineering Ltd. (Singapore).
Scope of the Report
This study provides an overview of the global aircraft refurbishing market, tracking three market segments across five regions. The report studies the key players, providing a five-year annual trend analysis that highlights market size, volume, and share in North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America. The report also provides a forecast, focusing on the market opportunities for the next five years in each region. The study segments the global Aircraft Refurbishing market by aircraft type, refurbishing type, application, and region.
Aircraft Type
• Wide-Body
• Narrow-Body
Refurbishing Type
• Partial or Complete Refurbishing
• In-Flight Entertainment and Connectivity System
• Cockpit
• Others
Application
• Passenger to Freighter
• Commercial Cabin Refurbishing
• VIP Cabin Refurbishing
By Region
• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• Latin America
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Table of Contents
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Definition
2.2.2 Research Objectives
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat of New Entrants
3.1.2 Bargaining Power of Buyers
3.1.3 Threat of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power of Supplies
Continued...
List of Tables
Table 1 Global Aircraft Refurbishing Market, by Region, 2018–2023
Table 2 North America: Aircraft Refurbishing Market, by Country, 2018–2023
Table 3 Europe: Aircraft Refurbishing Market, by Country, 2018–2023
Table 4 Asia-pacific: Aircraft Refurbishing Market, by Country, 2018–2023
Table 5 Middle East & Africa: Aircraft Refurbishing Market, by Country, 2018–2023
Continued...
List of Figures
Figure 1 Research Process of Mrfr
Figure 2 Top-down & Bottom-up Approaches
Figure 3 Market Dynamics
Figure 4 Impact Analysis: Market Drivers
Figure 5 Impact Analysis: Market Restraints
Figure 6 Porter’s Five Forces Analysis
Figure 7 Value Chain Analysis
Continued.......
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