Press release
Global Aircraft Refurbishing Market to grow at a CAGR of 5.82% during the period 2017-2021
"The Report Global Aircraft Refurbishing Market 2017-2021 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"About Aircraft Refurbishing
As passenger safety is the most important aspect of the airline industry, operations with older aircraft can be dangerous and, therefore, need to be retired or refurbished.
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Hence, aircraft refurbishment is an important process that involves cleaning, repair, renovation, and maintenance of aircraft to transform older aircraft back to their airworthy condition. Refurbishment is carried out in hangers or refurbishment yards. Commercial aircraft refurbishment is an economical solution for airline operators when they have fleets that are operating well but are not up-to-date.
Technavios analysts forecast the global aircraft refurbishing market to grow at a CAGR of 5.82% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global aircraft refurbishing market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
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Technavio's report, Global Aircraft Refurbishing Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
AAR
AMECO
L-3 Communications Aviation Recorders
ST Aerospace
Aviation Partners Boeing
Other prominent vendors
Lufthansa Technik
HAECO
Honeywell
Zodiac Aerospace
Rockwell Collins
AMAC Aerospace
SR Technics
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Market driver
Growing demand for premium economy class
For a full, detailed list, view our report
Market challenge
Lack of pre-determined aircraft retirement age
For a full, detailed list, view our report
Market trend
Growing demand for VIP cabins
For a full, detailed list, view our report
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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
About us
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