The Aircraft Refurbishing Global Market Report 2023, provides comprehensive information on the aircraft refurbishing market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Aircraft Refurbishing Global Market Report 2023, the global aircraft refurbishing market size is expected to grow from $5.53 billion in 2022 to $5.95 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global aircraft refurbishing market size is expected to reach $7.75 billion in 2027 at a CAGR of 6.8%.
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Investments in the refurbishment of the aircraft fleet interiors are the key trend gaining popularity in the aircraft refurbishing market. Major companies operating in the aircraft refurbishing market are investing in the refurbishment of aircraft to strengthen their position. For instance, in August 2022, Emirates, a UAE-based airline invested $2 billion in the refurbishment of the aircraft fleet interiors. This investment is to upgrade cabin interiors in all classes and to enhance its inflight customer experience.
The aircraft refurbishing market is segmented:
1) By Aircraft Type: Very Light Aircraft, Wide Body Aircraft, Narrow Body Aircraft, Large Body Aircraft, VIP Aircraft
2) By Fitting Type: Retrofit, IFEC (In-flight Entertainment & Connectivity), Passenger Seats
3) By Refurbishing Service: Interior, Exterior
4) By End User: Government, Commercial
North America was the largest region in the aircraft refurbishing market in 2022.
The table of contents in TBRC’s aircraft refurbishing market report includes:
1. Executive Summary
2. Aircraft Refurbishing Market Characteristics
3. Aircraft Refurbishing Market Trends And Strategies
4. Aircraft Refurbishing Market – Macro Economic Scenario
5. Aircraft Refurbishing Market Size And Growth
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26. Africa Aircraft Refurbishing Market
27. Aircraft Refurbishing Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Aircraft Refurbishing Market
29. Aircraft Refurbishing Market Future Outlook and Potential Analysis
30. Appendix
List Of Tables :
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Aircraft Refurbishing Market, Segmentation By Aircraft Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Aircraft Refurbishing Market, Segmentation By Fitting Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Aircraft Refurbishing Market, Segmentation By Refurbishing Service, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
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Table 47: Autotrade Aviation Pvt. Ltd. Financial Performance
Table 48: Diehl Stiftung & Co. KG Financial Performance
Table 49: Duncan Aviation Inc Financial Performance
Table 50: Gulfstream Aerospace Corporation Financial Performance
Table 51: Hong Kong Aircraft Engineering Company Limited Financial Performance
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