Aircraft Refurbishing Market Size- By Refurbishing Service, By Aircraft Type, By Type, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
Global Aircraft Refurbishing Market Overview
According to SPER Market Research, the Global Aircraft Refurbishing Market is estimated to reach USD 1.01 billion by 2032 with a CAGR of 7.45%. The term aircraft refurbishing describes the modification of the aircraft's interior and appearance. Upgrading and renovating an aircraft may involve changing out parts, making structural repairs, updating the avionics, and other things. To lessen the gross weight of the aeroplane, many interior components are composed of various lightweight materials, such as plastic, board, form, cloth, and other composite materials. The companies that refurbish aeroplanes are concentrated on offering innovative, fuel-efficient, more robust, more reasonably priced, and lighter-weight aircraft.
Impact of COVID-19 on the Global Aircraft Refurbishing Market
Governments all around the world were driven by the COVID-19 outbreak to enact strict lockdown measures and limit import-export of goods used to produce raw materials. To stop the COVID-19 virus from spreading, governments everywhere imposed stringent lockdowns and mandated social seclusion. Consequently, several businesses started work from home programs as a preventative strategy. This caused a dramatic drop in travel demand on a global scale, which had an impact on the aviation sector.
Scope of the Report:
Report Metric Details
Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032
Segments covered
By Refurbishing Service, By Aircraft Type, By Type, By End Use.
Regions coveredAsia-Pacific, Europe, Middle East and Africa, North America, Latin America
Companies Covered
AFI KLM E&M, B/E Aerospace, Diehl Shiftung & Co. KG, Gulfstream Aerospace Ltd., Hong Kong Aircraft Engineering Co. Ltd, Jet Aviation AG, Lufthansa Technik, Sabreliner Aviation LLC, Safran SA, Timco Aviation Services, Zodiac Aerospace, Inc.
Global Aircraft Refurbishing Market Segmentation:
By Refurbishing Service:Based on the Refurbishing Service, Global Aircraft Refurbishing Market is segmented as; Interior, Exterior.
By Type:Based on the Type, Global Aircraft Refurbishing Market is segmented as; Passenger to freighter, Commercial Aircraft Cabin, VIP Cabin Refurbishing.
By End Use:Based on the End Use, Global Aircraft Refurbishing Market is segmented as; Government, Commercial.
- 1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
- 2. Research Methodology
- 2.1 Research data source
- 2.1.1 Secondary data
- 2.1.2 Primary data
- 2.1.3 SPER’s internal database
- 2.1.4 Premium insight from KOL’s
- 2.2 Market size estimation
- 2.2.1 Top-down and Bottom-up approach
- 2.3 Data triangulation
- 3. Executive Summary
- 4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1 Drivers
- 4.1.2 Restraints
- 4.1.3 Opportunities
- 4.1.4 Challenges
- 4.2. COVID-19 Impacts of the Global Aircraft Refurbishing Market
- 5. Market variables and outlook
- 5.1. SWOT analysis
- 5.1.1 Strengths
- 5.1.2 Weaknesses
- 5.1.3 Opportunities
- 5.1.4 Threats
- 5.2. PESTEL analysis
- 5.2.1 Political landscape
- 5.2.2 Economic landscape
- 5.2.3 Social landscape
- 5.2.4 Technological landscape
- 5.2.5 Environmental landscape
- 5.2.6 Legal landscape
- 5.3. PORTER’S five forces analysis
- 5.3.1 Bargaining power of suppliers
- 5.3.2 Bargaining power of Buyers
- 5.3.3 Threat of Substitute
- 5.3.4 Threat of new entrant
- 5.3.5 Competitive rivalry
- 5.4. Heat map analysis
- 6. Competitive Landscape
- 6.1 Global Aircraft Refurbishing Manufacturing Base Distribution, Sales Area, Product Type
- 6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Aircraft Refurbishing Market
- 7. Global Aircraft Refurbishing Market, By Refurbishing Service, 2019-2032 (USD Million)
- 7.1 Interior
- 7.2 Exterior
- 8. Global Aircraft Refurbishing Market, By Aircraft Type, 2019-2032 (USD Million)
- 8.1 Very light aircraft
- 8.2 Wide body aircraft
- 8.3 Narrow body aircraft
- 8.4 Large body aircraft
- 8.5 VIP aircraft
- 9. Global Aircraft Refurbishing Market, By Type 2019-2032 (USD Million)
- 9.1 Passenger to freighter
- 9.2 Commercial Aircraft Cabin
- 9.3 VIP Cabin Refurbishing
- 10. Global Aircraft Refurbishing Market, By End Use, 2019-2032 (USD Million)
- 10.1 Government
- 10.2 Commercial
- 11. Global Aircraft Refurbishing Market, By Region, 2019-2032 (USD Million)
- 11.1 Global Aircraft Refurbishing Market Size and Market Share by Region (2019-2025)
- 11.2 Global Aircraft Refurbishing Market Size and Market Share by Region (2026-2032)
- 11.3 Asia-Pacific
- 11.3.1 Australia
- 11.3.2 China
- 11.3.3 India
- 11.3.4 Japan
- 11.3.5 South Korea
- 11.3.6 Rest of Asia-Pacific
- 11.4 Europe
- 11.4.1 France
- 11.4.2 Germany
- 11.4.3 Italy
- 11.4.4 Spain
- 11.4.5 United Kingdom
- 11.4.6 Rest of Europe
- 11.5 Middle East and Africa
- 11.5.1 Kingdom of Saudi Arabia
- 11.5.2 United Arab Emirates
- 11.5.3 Rest of Middle East & Africa
- 11.6 North America
- 11.6.1 Canada
- 11.6.2 Mexico
- 11.6.3 United States
- 11.7 Latin America
- 11.7.1 Argentina
- 11.7.2 Brazil
- 11.7.3 Rest of Latin America
- 12. Company Profiles
- 12.1 AFI KLM E&M
- 12.1.1 Company details
- 12.1.2 Financial outlook
- 12.1.3 Product summary
- 12.1.4 Recent developments
- 12.2 B/E Aerospace
- 12.2.1 Company details
- 12.2.2 Financial outlook
- 12.2.3 Product summary
- 12.2.4 Recent developments
- 12.3 Diehl Shiftung & Co. KG
- 12.3.1 Company details
- 12.3.2 Financial outlook
- 12.3.3 Product summary
- 12.3.4 Recent developments
- 12.4 Gulfstream Aerospace Ltd
- 12.4.1 Company details
- 12.4.2 Financial outlook
- 12.4.3 Product summary
- 12.4.4 Recent developments
- 12.5 Hong Kong Aircraft Engineering Co. Ltd
- 12.5.1 Company details
- 12.5.2 Financial outlook
- 12.5.3 Product summary
- 12.5.4 Recent developments
- 12.6 Jamco America Inc
- 12.6.1 Company details
- 12.6.2 Financial outlook
- 12.6.3 Product summary
- 12.6.4 Recent developments
- 12.7 Jet Aviation AG
- 12.7.1 Company details
- 12.7.2 Financial outlook
- 12.7.3 Product summary
- 12.7.4 Recent developments
- 12.8 Lufthansa Technik
- 12.8.1 Company details
- 12.8.2 Financial outlook
- 12.8.3 Product summary
- 12.8.4 Recent developments
- 12.9 Nextant Aerospace
- 12.9.1 Company details
- 12.9.2 Financial outlook
- 12.9.3 Product summary
- 12.9.4 Recent developments
- 12.10 Raytheon Technologies
- 12.10.1 Company details
- 12.10.2 Financial outlook
- 12.10.3 Product summary
- 12.10.4 Recent developments
- 12.11 Rose Aircraft Services
- 12.11.1 Company details
- 12.11.2 Financial outlook
- 12.11.3 Product summary
- 12.11.4 Recent developments
- 12.12 Sabreliner Aviation LLC
- 12.12.1 Company details
- 12.12.2 Financial outlook
- 12.12.3 Product summary
- 12.12.4 Recent developments
- 12.13 Safran SA
- 12.13.1 Company details
- 12.13.2 Financial outlook
- 12.13.3 Product summary
- 12.13.4 Recent developments
- 12.14 SIA Engineering Co. Ltd
- 12.14.1 Company details
- 12.14.2 Financial outlook
- 12.14.3 Product summary
- 12.14.4 Recent developments
- 12.15 Timco Aviation Services
- 12.15.1 Company details
- 12.15.2 Financial outlook
- 12.15.3 Product summary
- 12.15.4 Recent developments
- 12.16 Zodiac Aerospace, Inc
- 12.16.1 Company details
- 12.16.2 Financial outlook
- 12.16.3 Product summary
- 12.16.4 Recent developments
- 13. List of Abbreviations
- 14. Reference Links
- 15. Conclusion
- 16. Research Scope
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook