Aircraft Refurbishing Market

Aircraft Refurbishing Market: Global Industry Analysis &
Opportunity Assessment, 2016-2026
May 2017
Report Id : REP-GB-1617
Status : Ongoing
Category : Industrial Automation and Equipment
©2015 Future Market Insights, All Rights Reserved
Future Market Insights
Future Market Insights (FMI) is a premier provider of syndicated research reports, custom
research reports, and consulting services. We deliver a complete packaged solution, which
combines current market intelligence, statistical anecdotes, technology inputs, valuable growth
insights, aerial view of the competitive framework, and future market trends.
We provide research services at a global as well as regional level; key regions include GCC,
Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy,
Technology, Healthcare, and Retail.
We have a global presence with delivery centers across India specializing in providing global
research reports and country research reports. FMI is headquartered out of London, U.K., with a
state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning
from every corner of the world to distill it to one thing – the perfect solution for our client.
Research Capabilities
Social Media
Customized Research
Syndicated Research
Investment Research
Social Media Research
Sector Coverage
Automotive and Transportation
Electronics, Semiconductor, and ICT
Retail and Consumer Products
Industrial Automation and Equipment
Chemicals & Materials
Food and Beverages
Services and Utilities
Energy, Mining, Oil, and Gas
Subscription Information
For detailed subscription information please contact
Hari. T (Sr. Manager - Global Business Development)
T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268
Email: [email protected]
©2015 Future Market Insights, All Rights Reserved
Research Methodology (1/2)
Systematic Research Approach
Market profiling
Formulating discussion guide
Developing list of respondents
In-depth secondary research is used to
ascertain overall market size, top
industry players, top products, industry
associations, etc.
PMR formulates a detailed discussion
guide to conduct expert and industry
PMR develops a list of industry players
(manufacturers), distributors, retailers
and industry experts
Data collection
PMR conducts interviews with industry
experts, industry players, distributors
and retailers
Data validation
Data is validated by triangulation
method, wherein secondary, primary
and PMR analysis contribute to the final
Data analysis
Data is scrutinized using MS-Excel to
obtain qualitative and quantitative
insights about the industry
PMR delivers industry insights and
information in the required format
Research &
Data Filter
& Analysis
Identifying key opinion leaders
Questionnaire design
In-depth interviews
Coverage across value chain
Market participants
Key strengths
Product portfolio
Mapping as per value chain
Key focus segments
Primary Research #
Key industry experts
Channel study
Market dynamics
Secondary Research #
Company websites
Company annual
White papers
Financial reports
Paid Publications#
# includes sources of databases
©2015 Future Market Insights, All Rights Reserved
Aircraft Refurbishing Market
Global Aircraft Refurbishing Market to Witness High Demand for Retrofit Fittings
Future Market Insights’ recently published report on global market for aircraft refurbishing projects that
during a forecast period from 2016 to 2026, the market shall exhibit a steady revenue growth at 5.8%
CAGR. The report estimates that in the years to come, the luxury quotient of airline interiors will surge as
the number of wealthy air travellers is slated to increase. Frequent air travel by well-heeled people is also
prompting aircraft companies to opt for refurbishing of VIP cabins. Setting aside the impact of wealthy
travellers on refurbishment of VIP aircraft cabins, the demand for aircraft refurbishing is also expected to
gain traction due to its benefits for the aircraft’s operational efficiency.
According to the report, airline companies aiming to improve performance of their aircrafts are
refurbishing the interiors & lowering gross weight of the aircraft. This results in lesser fuel consumption
and maximum power retention, thereby upgrading the aircrafts operational performance. Owing to such
factors, the global aircraft refurbishing market, which is presently valued at a little over US$ 4 Bn, will
bring in more than US$ 7.13 Bn revenues by the end of 2026.
Request Report [email protected]
Middle East & Africa to Record Rapid Sales of Aircraft Refurbishments
During this ten-year forecast period, around 890,000 units of aircraft refurbishments will be consumed
across the globe. The demand for aircraft refurbishing is projected to remain relatively high across the US
and Canada
©2015 Future Market Insights, All Rights Reserved
Aircraft Refurbishing Market
Through 2026, North America is likely to dominate with more than 30% share on global revenues.
However, in terms of volume, the aircraft refurbishing market in Asia-Pacific excluding Japan (APEJ) region
will register a relatively rapid growth at nearly 6% CAGR.
The report also projects that by the end of 2026, the demand for aircraft refurbishing will rise across
Western Europe, Latin America and Japan. But, during this period, the Middle East & Africa (MEA) aircraft
refurbishing market is expected to incur fastest revenue growth. Registering a value CAGR of 6.9%, the
MEA aircraft refurbishing market will gain traction during the latter half of the forecast period. Higher
concentration of wealthy individuals across Middle Eastern countries such as the UAE or Saudi Arabia is
likely to fuel the refurbishment of VIP cabins among aircrafts commuting through this region.
Retrofit Refurbishments Likely to Garner Surplus Demand
The report, titled “Aircraft Refurbishing Market: Global Industry Analysis and Opportunity Assessment,
2016-2026,” further reveals that more than half of the market’s global revenues will arise from
refurbishment of narrow body aircrafts. While large body and wide body aircrafts will collectively account
for more than 40% share, refurbishing revenues emanating from narrow body aircrafts will register
highest value CAGR – 6.1%. Based on the type of refurbishment, commercial cabin refurbishing will hold
the majority of global revenues with 83% share, while VIP cabin refurbishing will witness a marginal
decline in terms of its contribution to global aircraft refurbishing revenues.
©2015 Future Market Insights, All Rights Reserved
Aircraft Refurbishing Market
More than two-third of aircraft refurbishing revenues collected from across the globe are presently
accounted by retrofit fittings. While this share is likely to incur a slight downtrend towards the end of
2026, the global aircraft refurbishing market will witness an uptick from fitting segments such as
passenger seats and IFEC. The report has also profiled prominent manufacturers of aircraft
refurbishments, which include B/E Aerospace, Inc., Diehl Stiftung & Co. KG, Gulfstream Aerospace, Ltd.,
Hong Kong Aircraft Engineering Company Limited, JAMCO America, Jet Aviation AG, Lufthansa Technik
AGm Sabreliner Aviation LLC, SCI Cabin Interiors, United Technology Corporation, SIA Engineering Co. Ltd,
and Zodiac Aerospace SA.
©2015 Future Market Insights, All Rights Reserved
Table of Content
1. Executive Summary
2. Market Introduction
2.1. Market Definition
2.2. Market Taxonomy
2.3. Pricing Analysis
2.3.1. Price Projections Per Region
2.4. Market Value (US $ Mn) Forecast
2.4.1. Aircraft Refurbishing Market Vale Forecast and Y-o-Y Growth
2.5. Market Overview
2.5.1. Value Chain Component Manufacturers MRO service providers
3. Market Dynamics
3.1. Macro-economic Factors
3.2. Drivers
3.3. Restraints
3.4. Trends
3.5. Opportunity
©2015 Future Market Insights, All Rights Reserved
Table of Content
4. Global Aircraft Refurbishing Market Analysis and Forecast, By Aircraft Type
4.1. Introduction
4.1.1. Basis Point Share (BPS) Analysis By Aircraft Type
4.1.2. Y-o-Y Growth Projections By Aircraft Type
4.2. Market Size (US$ Mn) and Volume Forecast By Aircraft Type
4.2.1. Wide Body Aircraft
4.2.2. Narrow Body Aircraft
4.2.3. Large Aircraft
4.3. Market Attractiveness Analysis By Aircraft Type
5. Global Aircraft Refurbishing Market Analysis and Forecast, By Refurbishing Type
5.1. Introduction
5.1.1. Basis Point Share (BPS) Analysis By Refurbishing Type
5.1.2. Y-o-Y Growth Projections By Refurbishing Type
5.2. Market Size (US$ Mn) and Volume Forecast By Refurbishing Type
5.2.1. Passenger to Freighter Refurbishing
5.2.2. VIP Cabin Refurbishing
5.2.3. Commercial Cabin Refurbishing
5.3. Market Attractiveness Analysis By Refurbishing Type
©2015 Future Market Insights, All Rights Reserved
Table of Content
6. Global Aircraft Refurbishing Market Analysis and Forecast, By Fitting
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis By Fitting
6.1.2. Y-o-Y Growth Projections By Fitting
6.2. Market Size (US$ Mn) and Volume Forecast By Fitting
6.2.1. Retrofit
6.2.2. IFEC System
6.2.3. Passenger Seats
6.3. Market Attractiveness Analysis By Fitting
7. Global Aircraft Refurbishing Market Analysis and Forecast, By Region
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis By Region
7.1.2. Y-o-Y Growth Projections By Region
7.2. Market Size (US$ Mn) and Volume Forecast By Region
7.2.1. North America
7.2.2. Latin America
7.2.3. Western Europe
7.2.4. Eastern Europe
7.2.5. APEJ
7.2.6. Japan
©2015 Future Market Insights, All Rights Reserved
To know more about us, please visit our website:
For sales queries or new topics email us on:
[email protected]
For media queries, contact the press office at
[email protected]
For other queries contact:
Harish Tiwari
(General Manager & Global Head Business Development)
Future Market Insights: 3rd Floor,
207 Regent Street, London W1B 3HH
T: +44 20 7692 8790 | D: +44 20 3287 4268
Email: [email protected]
Thank You
Future Market Insights Global & Consulting Private Limited (FMI)
©2015 Future Market Insights, All Rights Reserved