Aircraft Refurbishing Market by Aircraft Type (VLA Refurbishing Market, WB Refurbishing Market, NB Refurbishing Market, and VIP Refurbishing Market) and Refurbishing Type (Passenger-to-freighter, Commercial Aircraft Cabin Refurbishing, and VIP Cabin Refurbishing Fixed-wing Aircraft): Global Opportunity Analysis and Industry Forecast, 2022-2029.
Aircraft Refurbishing Market Outlook – 2027
Aircraft refurbishing is done to ensure that aircraft always remain in basic/minimum/required norms of flying condition. Refurbishing includes inspection, overhaul, replacement, defect rectification, and embodiment modifications. Therefore like MRO, refurbishing industry is also responsible to maintain any aircraft in working condition.
In passenger seats refurbishing, the entire aircraft seating is replaced, including economy class, premium economy, first class, and business class.
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COVID-19 scenario analysis:
- Aircraft refurbishing market might be among those exceptions of industries which are surviving despite COVID-19 pandemic, even more demand is expected to soar post pandemic.
- Aircraft refurbishing market as a whole was still in profitable situation yet many segments within this industry too are facing as much difficulty as any other industry.
- Many aircraft companies have started offering communications and imaging services that contribute to national security, while providing critical communication connectivity that is of paramount importance to a society in a safe harboring mode — and therefore may warrant additional support from governments.
- Support from government side is increasing, as the global health crisis has forced an emergency sort of situation throughout the globe, and without government incentivization, it would be complicated for industry to initiate any new project.
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Aircraft Refurbishing Market Report Highlights
| Segments | Sub-segments |
|---|---|
| By Aircraft type | VLA Refurbishing MarketWB Refurbishing MarketNB Refurbishing MarketVIP Refurbishing Market |
| By Refurbishing type | Passenger-to-freighterCommercial Aircraft Cabin RefurbishingVIP Cabin Refurbishing Fixed-wing Aircraft |
| BY Region | North AmericaUSCanadaEuropeGermanyUKFranceRest of EuropeAsia PacificChinaJapanIndiaRest of Asia PacificLatin AmericaBrazilMexicoRest of LATAMMiddle EastAfrica |
| Key Market Players | Diehl Stiftung & Co. KG, SIA Engineering Co Ltd, Hong Kong Aircraft Engineering Company Limited, United Technology Corporation |
Key benefits of the report:
- This study presents the analytical depiction of the aircraft refurbishing market along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the aircraft refurbishing market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the aircraft refurbishing market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed aircraft refurbishing market analysis depending on competitive intensity and how the competition will take shape in coming years.
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Questions answered in the aircraft refurbishing market:
- Which are the leading players active in the aircraft refurbishing market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What are the projections for the future that would help in taking further strategic steps?
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