Aircraft Refurbishing Market, by Aircraft Type (Wide Body Aircraft, Narrow Body Aircraft, and Large Body Aircraft), by Refurbishing Type (Passenger to Freighter Refurbishing, VIP Cabin Refurbishing, and Commercial Cabin Refurbishing), by Fitting Type (Retrofit, IFEC, and Passenger Seats), and by Geography (North America, Europe, Asia Pacific, and Latin America, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Aircraft refurbishment is the process of replacement and maintenance of the aircraft. It includes inspection, overhaul, replacement, defect rectification, and embodiment modifications. Aircraft refurbishment gives a new look existing aircraft by replacing the overhead bins, sidewalls liners, monuments, windows, cabin lighting, and others. Furthermore, the inflight entertainment and communications system (IFECS) refurbishment include, designing and installing customized IFECS solutions to engage and entertain passengers during the flight.
Market Dynamics
The low-cost carriers (LCC) airlines such as Sun Country Airlines Company is upgrading their cabin elements such as toilets, galleys, and lavatories in order to increase the seating capacity of aircraft. For instance, in May 2021, United States based Sun Country Airlines invested US$ 20 million on refurbishing planes to increase the seating capacity of the plane. In addition to this, each refurbished plane of Sun Country Airlines will increase capacity on the 737-800s by 9%.
Furthermore, the airline companies including British Airways and others are installing next-generation latest equipment and lightweight seats to develop their operational efficiencies. For instance, in February 2016, U.K based British Airways has completed the major refurbishment of 18 of the airline’s to the enhanced passenger experience.
Market Taxonomy
This report segments the global aircraft refurbishing market on the basis of aircraft type, refurbishing type, and fitting type. On the basis of aircraft type, the global aircraft refurbishing market is segmented into wide body aircraft, narrow body aircraft, and large body aircraft, On the basis of refurbishing type the market is segmented into passenger to freighter refurbishing, VIP cabin refurbishing, and commercial cabin refurbishing, On the basis of fitting type the market is segmented into retrofit, IFEC, and passenger seats.
Key features of the study:
This report provides an in-depth analysis of the global aircraft refurbishing market and provides market size (US$ Million) and Compound Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global aircraft refurbishing market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study B/E Aerospace, Inc., Diehl Stiftung & Co. KG, Gulfstream Aerospace, Ltd, Hong Kong Aircraft Engineering Company Limited, JAMCO America, Jet Aviation AG, Lufthansa Technik AG, Sabreliner Aviation LLC, Safran SA, SCI Cabin Interiors, SIA Engineering Co Ltd., United Technologies Corporation, and Zodiac Aerospace S.A.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
The global aircraft refurbishing market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global aircraft refurbishing market
Detailed Segmentation:
Global Aircraft Refurbishing Market, By Aircraft Type:
Wide Body Aircraft
Narrow Body Aircraft
Large Body Aircraft
Global Aircraft Refurbishing Market, By Refurbishing Type:
Passenger to Freighter Refurbishing
VIP Cabin Refurbishing
Commercial Cabin Refurbishing
Global Aircraft Refurbishing Market, By Fitting Type:
Retrofit
IFEC
Passenger Seats
Company Profiles
B/E Aerospace, Inc.*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Diehl Stiftung & Co. KG
Gulfstream Aerospace, Ltd
Hong Kong Aircraft Engineering Company Limited
JAMCO America
Jet Aviation AG
Lufthansa Technik AG
Sabreliner Aviation LLC
Safran SA
SCI Cabin Interiors
SIA Engineering Co Ltd.
United Technologies Corporation
Zodiac Aerospace S.A.
*Browse all the market data tables and figures on "Global Aircraft Refurbishing Market - Forecast to 2027”
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