Aircraft Refurbishing Market to Grow at 7.5% Cagr During 2016-2020

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The analysts forecast global aircraft refurbishing market to grow at a CAGR of 5.24% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global aircraft refurbishing market for 2016-2020. To calculate the market size, the report considers the revenue generated in the overall market.

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Airline companies across the world seek to refurbish their aircraft with the latest upgrades to improve their operational efficiency, increase the lifespan of aircraft, and to perform cost-effective operations. Depending on the type of aircraft, different kinds of upgrading and modernization can be carried out on avionics as well as in aircraft cabin interiors like seats, galley, food storage equipment, windows, windshields, lavatory, and aerodynamic retrofit. Development of lightweight materials with the use of titanium has also led the airlines to achieve optimum payload to range ratio of an aircraft.

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The market is divided into the following segments based on geography:

Americas

APAC

EMEA

This report, Global Aircraft Refurbishing Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors: AAR, Ameco, Aviation Partners Boeing, L-3 Communications Aviation Recorders, and ST Aerospace

Other prominent vendors : Global AirWorks, HAECO, Honeywell,...