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Aircraft Refurbishing Market (Commercial, Cargo And Business Aircrafts) (2012 - 2017)

By: marketsandmarkets.com
Publishing Date: December 2012
Report Code: AS 1379

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The idea behind this report is to identify the business opportunity that arises from cabin up gradation/conversion and refurbishing. We have also calculated the market size and the concentration all over the world for each one of them given below:

  • Wide Body cabins
  • Narrow Body cabins
  • Passenger to Freighter conversions
  • VIP jets

In order to come out with an effective study, it is of high importance to determine the modification of cabins/scenarios of conversions along with the duration they would require and how often the frequency is set. We have to identify the factors that drive the conversion of cabins and refurbishing. From the databases of aircraft seating and in-flight entertainment and also aircraft as of now in the current fleet in the world as well as the projected fleet over the next five years are analyzed.

The results have been obtained after stringent calculations with the help of the data that was gathered and analyzed. North America and European markets will always be the main business providing areas. The Asian market is on a rampant growth stage but for refurbishing it is in a very nascent stage, but however we feel that with strong growth rate and demand for air travel will put the Asian market in the forefront in the next 20 years.

The report provides insights on the aircraft refurbishing market, key market players, future scope, drivers, restraints and challenges of the market. The report also analyzes the market for aircraft refurbishing in the base year of the study and future growth potential across different geographies.

This study estimates the global market of Aircraft Refurbishing by the end of 2017. This market research study provides detailed qualitative and quantitative analysis of the global Aircraft Refurbishing market. The report provides a comprehensive review of major market drivers, restraints, opportunities, winning imperatives, challenges, and key issues in the market. The market is further segmented and forecasted for major geographic regions, North America, Europe, Africa, Asia-Pacific, and Latin America. The competitive scenario of the top players in the Aircraft Refurbishing market is discussed in detail. The top players of the industry are profiled in detail with their recent developments and other strategic industry activities.

1.1 Key Take-Aways

  • Analysis of aircraft refurbishing market with emphasis on high growth technologies and components.
  • Impact analysis of market dynamics that describe factors currently driving as well as restraining growth of the market, along with their impact in short term, medium term and long term.
  • Gain competitive intelligence from market share analysis, devise revenue growth strategies from the market size and forecast statistics.
  • Analyze the opportunities that are available for all the stakeholders through competitive landscape study in the aircraft refurbishing market.
  • Gain insights on core competencies and key growth strategies of the companies in aircraft refurbishing market.

1.2 MARKETS COVERED

This report covers the aircraft refurbishing market by:

  1. Very large aircrafts
  2. Wide Body aircrafts,
  3. Narrow Body aircrafts,
  4. VIP Aircrafts,
  5. Passenger to Freighter conversions,
  6. Commercial cabin refurbishments and
  7. VIP cabin refurbishments

1.3 STAKEHOLDERS

  • Seat manufacturers, Lavatory manufacturers and Lighting providers
  • Software/hardware/service and solutions providers(IFEC)
  • Airlines
  • Technology suppliers
  • Application developers
  • Aviation regulating bodies
  • Passengers

TABLE OF CONTENTS 
 
1 INTRODUCTION
   1.1 Key Take-Aways
   1.2 Report Description
   1.3 Markets Covered
   1.4 Stakeholders
   1.5 Research Methodology
         1.5.1 Market Size
         1.5.2 Key Data Points From Primary Sources
         1.5.3 Key Data Points From Secondary Sources
   1.6 Key Findings

2 EXECUTIVE SUMMARY

3 MARKET OVERVIEW
  
3.1 Market Definition
   3.2 Market Segmentation
         3.2.1 Market Segmented By Aircraft Type
         3.2.2 Market Segmented By Type Of Refurbishment
         3.2.3 Market Segmented By Geographies

4 MARKET DYNAMICS
  
4.1 Market Dynamics
   4.2 Drivers
         4.2.1 Greener Aircrafts Would Require Redesign And Certification Of The Interiors
         4.2.2 VIPs Purchase Former Airline Aircraft To Use It For Their Business Purpose
         4.2.3 Financial Crisis Force Airlines To Postpone
                  Major Expenditures Such As Jet Orders And Deliveries
         4.2.4 Middle East Carriers Receive Support From Their State Governments
         4.2.5 The High Demand For Large Business And VIP Aircraft
         4.2.6 New Airplanes (A-380 And B-787) & Technologies
         4.2.7 Impact Analysis Of The Drivers
   4.3 Restraints
         4.3.1 Passing Flammability And Certification Tests
         4.3.2 Major Changes In The Cabin Reconfiguration
                 Will Involve Passing The Recertification Requirements
         4.3.3 No Pre-Delivery Payments Or Very Significant Down Payments On New  Aircrafts
         4.3.4 Impact Analysis Of The Restraints
   4.4 Challenges
         4.4.1 Lower Cash Outlays To Preserve Working Capital
         4.4.2 Fleet Flexibility To Introduce New Routes Or Aircraft Types
         4.4.3 Flexibility To Increase Or Reduce Capacity Quickly

5 TYPES OF REFURBISHMENT SERVICES
  
5.1 Interior Refurbishment
   5.2 Exterior Refurbishment

6 FORECAST ANALYSIS REFURBISHING
  
6.1 By Aircraft Type 
        
6.1.1 Vla Refurbishing Market
         6.1.2 WB Refurbishing Market
         6.1.3 NB Refurbishing Market
         6.1.4 VIP Refurbishing Market
   6.2 By Refurbishing Type
         6.2.1 Passenger-To-Freighter
         6.2.2 Commercial Aircraft Cabin Refurbishing
         6.2.3 VIP Cabin Refurbishing
   6.3 By Geographies
         6.3.1 Global
         6.3.2 APAC
         6.3.3 North America
         6.3.4 Latin America
         6.3.5 Middle East
         6.3.6 European Union
         6.3.7 Africa
         6.3.8 Rest Of The World

7 COMPETITIVE LANDSCAPE
  
7.1 Mergers & Acquisitions
   7.2 Collaborations/Partnerships/Agreements/ Joint Ventures
   7.3 Concentration Of Aircraft Refurbishing Companies
   7.4 Market Shares Of Aircraft Refurbishing Companies

8 COMPANY PROFILE (Overview, Products & Services, and New Developments)* 
   8.1 B/E Aerospace
   8.2 Zodiac Aerospace, Inc
   8.3 Timco Aviation Services
   8.4 Sia Engineering Company
   8.5 Lufthansa Technik
   8.6 Gulfstream
   8.7 Sabreliner Corporation
   8.8 Rose Aircraft Services
*Details on overview, products & services, and new developments might not be captured in case of unlisted companies. 
 
LIST OF TABLES
 

Table 1 Revenue Forecast For VLA (Global), 2012-2017 ($Million)
Table 2 Revenue Forecast For VLA 2012 (Global), 2012-2017 ($Million)
Table 3 Revenue Forecast For VLA 2013 (Global), 2012-2017 ($Million)
Table 4 Revenue Forecast For VLA 2014 (Global), 2012-2017 ($Million)
Table 5 Revenue Forecast For VLA 2015 (Global), 2012-2017 ($Million)
Table 6 Revenue Forecast For VLA 2016 (Global), 2012-2017 ($Million)
Table 7 Revenue Forecast For VLA 2017 (Global), 2012-2017 ($Million)
Table 8 Revenue Forecast For WB (Global), 2012-2017 ($Million)
Table 9 Revenue Forecast For WB 2012 (Global), 2012-2017 ($Million)
Table 10 Revenue Forecast For WB 2013 (Global), 2012-2017 ($Million)
Table 11 Revenue Forecast For WB 2014 (Global), 2012-2017 ($Million)
Table 12 Revenue Forecast For WB 2015 (Global), 2012-2017 ($Million)
Table 13 Revenue Forecast For WB 2016 (Global), 2012-2017 ($Million)
Table 14 Revenue Forecast For WB 2017 (Global), 2012-2017 ($Million)
Table 15 Revenue Forecast For NB (Global), 2012-2017 ($Million)
Table 16 Revenue Forecast For NB 2012 (Global), 2012-2017 ($Million)
Table 17 Revenue Forecast For NB 2013 (Global), 2012-2017 ($Million)
Table 18 Revenue Forecast For NB 2014 (Global), 2012-2017 ($Million)
Table 19 Revenue Forecast For NB 2015 (Global), 2012-2017 ($Million)
Table 20 Revenue Forecast For NB 2016 (Global), 2012-2017 ($Million)
Table 21 Revenue Forecast For NB 2017 (Global), 2012-2017 ($Million)
Table 22 Revenue Forecast For VIP (Global), 2012-2017 ($Million)
Table 23 Revenue Forecast For P2f (Global), 2012-2017 ($Million)
Table 24 Revenue Forecast For P2f 2012 (Global), 2012-2017 ($Million)
Table 25 Revenue Forecast For P2f 2013 (Global), 2012-2017 ($Million)
Table 26 Revenue Forecast For P2f 2014 (Global), 2012-2017 ($Million)
Table 27 Revenue Forecast For P2f 2015 (Global), 2012-2017 ($Million)
Table 28 Revenue Forecast For P2f 2016 (Global), 2012-2017 ($Million)
Table 29 Revenue Forecast For P2f 2017 (Global), 2012-2017 ($Million)
Table 30 Revenue Forecast For CCR (Global), 2012-2017 ($Million)
Table 31 Revenue Forecast For CCR 2012 (Global), 2012-2017 ($Million)
Table 32 Revenue Forecast For CCR 2013 (Global), 2012-2017 ($Million)
Table 33 Revenue Forecast For CCR 2014 (Global), 2012-2017 ($Million)
Table 34 Revenue Forecast For CCR 2015 (Global), 2012-2017 ($Million)
Table 35 Revenue Forecast For CCR 2016 (Global), 2012-2017 ($Million)
Table 36 Revenue Forecast For CCR 2017 (Global), 2012-2017 ($Million)
Table 37 Revenue Forecast VIP Cabin Refurbishing (Global), 2012-2017 ($Million)
Table 38 Revenue Forecast For VIP Cabin Refurbishing 2012 (Global), 2012-2017 ($Million)
Table 39 Revenue Forecast For VIP Cabin Refurbishing 2013 (Global), 2012-2017 ($Million)
Table 40 Revenue Forecast For VIP Cabin Refurbishing 2014 (Global), 2012-2017 ($Million)
Table 41 Revenue Forecast For VIP Cabin Refurbishing 2015 (Global), 2012-2017 ($Million)
Table 42 Revenue Forecast For VIP Cabin Refurbishing 2016 (Global), 2012-2017 ($Million)
Table 43 Revenue Forecast For VIP Cabin Refurbishing 2017 (Global), 2012-2017 ($Million)
Table 44 Revenue Forecast (Global), 2012-2017 ($Million)
Table 45 Revenue Forecast 2012 (Global), 2012-2017 ($Million)
Table 46 Revenue Forecast 2013 (Global), 2012-2017 ($Million)
Table 47 Revenue Forecast 2014 (Global), 2012-2017 ($Million)
Table 48 Revenue Forecast 2015 (Global), 2012-2017 ($Million)
Table 49 Revenue Forecast 2016 (Global), 2012-2017 ($Million)
Table 50 Revenue Forecast 2017 (Global), 2012-2017 ($Million)
Table 51 Revenue Forecast APAC (Global), 2012-2017 ($Million)
Table 52 Revenue Forecast APAC 2012 (Global), 2012-2017 ($Million)
Table 53 Revenue Forecast APAC 2013 (Global), 2012-2017 ($Million)
Table 54 Revenue Forecast APAC 2014 (Global), 2012-2017 ($Million)
Table 55 Revenue Forecast APAC 2015 (Global), 2012-2017 ($Million)
Table 56 Revenue Forecast APAC 2016 (Global), 2012-2017 ($Million)
Table 57 Revenue Forecast APAC 2017 (Global), 2012-2017 ($Million)
Table 58 Revenue Forecast Na (Global), 2012-2017 ($Million)
Table 59 Revenue Forecast NA 2012 (Global), 2012-2017 ($Million)
Table 60 Revenue Forecast NA 2013 (Global), 2012-2017 ($Million)
Table 61 Revenue Forecast NA 2014 (Global), 2012-2017 ($Million)
Table 62 Revenue Forecast NA 2015 (Global), 2012-2017 ($Million)
Table 63 Revenue Forecast NA 2016 (Global), 2012-2017 ($Million)
Table 64 Revenue Forecast NA 2017 (Global), 2012-2017 ($Million)
Table 65 Revenue Forecast La (Global), 2012-2017 ($Million)
Table 66 Revenue Forecast LA 2012 (Global), 2012-2017 ($Million)
Table 67 Revenue Forecast LA 2013 (Global), 2012-2017 ($Million)
Table 68 Revenue Forecast LA 2014 (Global), 2012-2017 ($Million)
Table 69 Revenue Forecast LA 2015 (Global), 2012-2017 ($Million)
Table 70 Revenue Forecast LA 2016 (Global), 2012-2017 ($Million)
Table 71 Revenue Forecast LA 2017 (Global), 2012-2017 ($Million)
Table 72 Revenue Forecast Me (Global), 2012-2017 ($Million)
Table 73 Revenue Forecast ME 2012 (Global), 2012-2017 ($Million)
Table 74 Revenue Forecast ME 2013 (Global), 2012-2017 ($Million)
Table 75 Revenue Forecast ME 2014 (Global), 2012-2017 ($Million)
Table 76 Revenue Forecast ME 2015 (Global), 2012-2017 ($Million)
Table 77 Revenue Forecast ME 2016 (Global), 2012-2017 ($Million)
Table 78 Revenue Forecast ME 2017 (Global), 2012-2017 ($Million)
Table 79 Revenue Forecast Eu (Global), 2012-2017 ($Million)
Table 80 Revenue Forecast EU 2012 (Global), 2012-2017 ($Million)
Table 81 Revenue Forecast EU 2013 (Global), 2012-2017 ($Million)
Table 82 Revenue Forecast EU 2014 (Global), 2012-2017 ($Million)
Table 83 Revenue Forecast EU 2015 (Global), 2012-2017 ($Million)
Table 84 Revenue Forecast EU 2016 (Global), 2012-2017 ($Million)
Table 85 Revenue Forecast EU 2017 (Global), 2012-2017 ($Million)
Table 86 Revenue Forecast Africa (Global), 2012-2017 ($Million)
Table 87 Revenue Forecast Africa 2012 (Global), 2012-2017 ($Million)
Table 88 Revenue Forecast Africa 2013 (Global), 2012-2017 ($Million)
Table 89 Revenue Forecast Africa 2014 (Global), 2012-2017 ($Million)
Table 90 Revenue Forecast Africa 2015 (Global), 2012-2017 ($Million)
Table 91 Revenue Forecast Africa 2016 (Global), 2012-2017 ($Million)
Table 92 Revenue Forecast Africa 2017 (Global), 2012-2017 ($Million)
Table 93 Revenue Forecast RoW (Global), 2012-2017 ($Million)
Table 94 Revenue Forecast RoW 2012 (Global), 2012-2017 ($Million)
Table 95 Revenue Forecast RoW 2013 (Global), 2012-2017 ($Million)
Table 96 Revenue Forecast RoW 2014 (Global), 2012-2017 ($Million)
Table 97 Revenue Forecast RoW 2015 (Global), 2012-2017 ($Million)
Table 98 Revenue Forecast RoW 2016 (Global), 2012-2017 ($Million)
Table 99 Revenue Forecast RoW 2017 (Global), 2012-2017 ($Million)
Table 100 RoW: Commercial Aviation Refurbishing Market: Revenue Forecast, 2017 ($ Million)
Table 101 Concentration Of Aircraft Refurbishing Companies (Global), 2012

LIST OF FIGURES

Figure 1 Revenue Forecast For VLA (Global), 2012-2017 (%)
Figure 2 Revenue Forecast For VLA 2012 (Global), 2012-2017 (%)
Figure 3 Revenue Forecast For VLA 2013 (Global), 2012-2017 (%)
Figure 4 Revenue Forecast For VLA 2014 (Global), 2012-2017 (%)
Figure 5 Revenue Forecast For VLA 2015 (Global), 2012-2017 (%)
Figure 6 Revenue Forecast For VLA 2016 (Global), 2012-2017 (%)
Figure 7 Revenue Forecast For VLA 2017 (Global), 2012-2017 (%)
Figure 8 Revenue Forecast For WB (Global), 2012-2017 (%)
Figure 9 Revenue Forecast For WB 2012 (Global), 2012-2017 (%)
Figure 10 Revenue Forecast For WB 2013 (Global), 2012-2017 (%)
Figure 11 Revenue Forecast For WB 2014 (Global), 2012-2017 (%)
Figure 12 Revenue Forecast For WB 2015 (Global), 2012-2017 (%)
Figure 13 Revenue Forecast For WB 2016 (Global), 2012-2017 (%)
Figure 14 Revenue Forecast For WB 2017 (Global), 2012-2017 (%)
Figure 15 Revenue Forecast For NB (Global), 2012-2017 (%)
Figure 16 Revenue Forecast For NB 2012 (Global), 2012-2017 (%)
Figure 17 Revenue Forecast For NB 2013 (Global), 2012-2017 (%)
Figure 18 Revenue Forecast For NB 2014 (Global), 2012-2017 (%)
Figure 19 Revenue Forecast For NB 2015 (Global), 2012-2017 (%)
Figure 20 Revenue Forecast For NB 2016 (Global), 2012-2017 (%)
Figure 21 Revenue Forecast For NB 2017 (Global), 2012-2017 (%)
Figure 22 Revenue Forecast For VIP (Global), 2012-2017 (%)
Figure 23 Revenue Forecast For P2f (Global), 2012-2017 (%)
Figure 24 Revenue Forecast For P2f 2012 (Global), 2012-2017 (%)
Figure 25 Revenue Forecast For P2f 2013 (Global), 2012-2017 (%)
Figure 26 Revenue Forecast For P2f 2014 (Global), 2012-2017 (%)
Figure 27 Revenue Forecast For P2f 2015 (Global), 2012-2017 (%)
Figure 28 Revenue Forecast For P2f 2016 (Global), 2012-2017 (%)
Figure 29 Revenue Forecast For P2f 2017 (Global), 2012-2017 (%)
Figure 30 Revenue Forecast For CCR (Global), 2012-2017 (%)
Figure 31 Revenue Forecast For CCR 2012 (Global), 2012-2017 (%)
Figure 32 Revenue Forecast For CCR 2013 (Global), 2012-2017 (%)
Figure 33 Revenue Forecast For CCR 2014 (Global), 2012-2017 (%)
Figure 34 Revenue Forecast For CCR 2015 (Global), 2012-2017 (%)
Figure 35 Revenue Forecast For CCR 2016 (Global), 2012-2017 (%)
Figure 36 Revenue Forecast For CCR 2017 (Global), 2012-2017 (%)
Figure 37 Revenue Forecast VIP Cabin Refurbishing (Global), 2012-2017 (%)
Figure 38 Revenue Forecast For VIP Cabin Refurbishing 2012 (Global), 2012-2017 (%)
Figure 39 Revenue Forecast For VIP Cabin Refurbishing 2013 (Global), 2012-2017 (%)
Figure 40 Revenue Forecast For VIP Cabin Refurbishing 2014 (Global), 2012-2017 (%)
Figure 41 Revenue Forecast For VIP Cabin Refurbishing 2015 (Global), 2012-2017 (%)
Figure 42 Revenue Forecast For VIP Cabin Refurbishing 2016 (Global), 2012-2017 (%)
Figure 43 Revenue Forecast For VIP Cabin Refurbishing 2017 (Global), 2012-2017 (%)
Figure 44 Revenue Forecast Aircraft Refurbishing Market (Global), 2012-2017 (%)
Figure 45 Revenue Forecast 2012 Aircraft Refurbishing Market (Global), 2012-2017 (%)
Figure 46 Revenue Forecast 2013 Aircraft Refurbishing Market (Global), 2012-2017 (%)
Figure 47 Revenue Forecast 2014 Aircraft Refurbishing Market (Global), 2012-2017 (%)
Figure 48 Revenue Forecast 2015 Aircraft Refurbishing Market (Global), 2012-2017 (%)
Figure 49 Revenue Forecast 2016 Aircraft Refurbishing Market (Global), 2012-2017 (%)
Figure 50 Revenue Forecast 2017 Aircraft Refurbishing Market (Global), 2012-2017 (%)
Figure 51 Revenue Forecast APAC Aircraft Refurbishing Market (Global), 2012-2017 (%)
Figure 52 Revenue Forecast APAC 2012 (Global), 2012-2017 (%)
Figure 53 Revenue Forecast APAC 2013 (Global), 2012-2017 (%)
Figure 54 Revenue Forecast APAC 2014 (Global), 2012-2017 (%)
Figure 55 Revenue Forecast APAC 2015 (Global), 2012-2017 (%)
Figure 56 Revenue Forecast APAC 2016 (Global), 2012-2017 (%)
Figure 57 Revenue Forecast APAC 2017 (Global), 2012-2017 (%)
Figure 58 Revenue Forecast Na Aircraft Refurbishing Market (Global), 2012-2017 (%)
Figure 59 Revenue Forecast NA 2012 (Global), 2012-2017 (%)
Figure 60 Revenue Forecast NA 2013 (Global), 2012-2017 (%)
Figure 61 Revenue Forecast NA 2014 (Global), 2012-2017 (%)
Figure 62 Revenue Forecast NA 2015 (Global), 2012-2017 (%)
Figure 63 Revenue Forecast NA 2016 (Global), 2012-2017 (%)
Figure 64 Revenue Forecast NA 2017 (Global), 2012-2017 (%)
Figure 65 Revenue Forecast LA Aircraft Refurbishing Market (Global), 2012-2017 (%)
Figure 66 Revenue Forecast LA 2012 (Global), 2012-2017 (%)
Figure 67 Revenue Forecast LA 2013 (Global), 2012-2017 (%)
Figure 68 Revenue Forecast LA 2014 (Global), 2012-2017 (%)
Figure 69 Revenue Forecast LA 2015 (Global), 2012-2017 (%)
Figure 70 Revenue Forecast LA 2016 (Global), 2012-2017 (%)
Figure 71 Revenue Forecast LA 2017 (Global), 2012-2017 (%)
Figure 72 Revenue Forecast ME Aircraft Refurbishing Market (Global), 2012-2017 (%)
Figure 73 Revenue Forecast ME 2012 (Global), 2012-2017 (%)
Figure 74 Revenue Forecast ME 2013 (Global), 2012-2017 (%)
Figure 75 Revenue Forecast ME 2014 (Global), 2012-2017 (%)
Figure 76 Revenue Forecast ME 2015 (Global), 2012-2017 (%)
Figure 77 Revenue Forecast ME 2016 (Global), 2012-2017 (%)
Figure 78 Revenue Forecast ME 2017 (Global), 2012-2017 (%)
Figure 79 Revenue Forecast EU Aircraft Refurbishing Market (Global), 2012-2017 (%)
Figure 80 Revenue Forecast EU 2012 (Global), 2012-2017 (%)
Figure 81 Revenue Forecast EU 2013 (Global), 2012-2017 (%)
Figure 82 Revenue Forecast EU 2014 (Global), 2012-2017 (%)
Figure 83 Revenue Forecast EU 2015 (Global), 2012-2017 (%)
Figure 84 Revenue Forecast EU 2016 (Global), 2012-2017 (%)
Figure 85 Revenue Forecast EU 2017 (Global), 2012-2017 (%)
Figure 86 Revenue Forecast Africa Aircraft Refurbishing Market (Global), 2012-2017 (%)
Figure 87 Revenue Forecast Africa 2012 (Global), 2012-2017 (%)
Figure 88 Revenue Forecast Africa 2013 (Global), 2012-2017 (%)
Figure 89 Revenue Forecast Africa 2014 (Global), 2012-2017 (%)
Figure 90 Revenue Forecast Africa 2015 (Global), 2012-2017 (%)
Figure 91 Revenue Forecast Africa 2016 (Global), 2012-2017 (%)
Figure 92 Revenue Forecast Africa 2017 (Global), 2012-2017 (%)
Figure 93 Revenue Forecast RoW Aircraft Refurbishing Market (Global), 2012-2017 (%)
Figure 94 Revenue Forecast RoW 2012 (Global), 2012-2017 (%)
Figure 95 Revenue Forecast RoW 2013 (Global), 2012-2017 (%)
Figure 96 Revenue Forecast RoW 2014 (Global), 2012-2017 (%)
Figure 97 Revenue Forecast RoW 2015 (Global), 2012-2017 (%)
Figure 98 Revenue Forecast RoW 2016 (Global), 2012-2017 (%)
Figure 99 Revenue Forecast RoW 2017 (Global), 2012-2017 (%)
Figure 100 RoW: Commercial Aviation Refurbishing Market: Revenue Forecast, 2017 ($ Million)
Figure 101 Market Shares Of Aircraft Refurbishing Companies (Global), 2011(%)

The market for aircraft refurbishing during its lifespan has grown in such a rapid pace in the recent past. Reasons for this sudden spurt in growth are several like; airlines and business jet owners have undertaken retrofit of their aircrafts in a shorter cycle than in the early days of civil aviation. The future for this market will primarily be the various types of work which cover the entire process of a chain of complete cabin refurbishing/conversions, these works are typically outsourced by the aircraft owners/manufacturers to centers known as Centre of Completions.

The main objective behind this report is to identify the emerging trends in this growing market and to forecast for the next five years. It is a well known fact that companies which is into cabin conversions/refurbishing are all currently overbooked with orders. To forecast the future for this sudden uprising will become a major factor to determine from where the business opportunity will arise or any other factors, like the major crisis in the economy of various nations all over the world, whether this would increase the risk quotient for the investors in this field.

Mid-size and Small-size companies which are into re-engineering, work as sub contractors for major companies. They will play a major role in the centre of completions and there will arise the business opportunity for this segment.

Commercial Aviation Refurbishing Market: Revenue Forecast (Global), 2012-2017 ($ Million)

Aviation Refurbishing Market by Revenue

Source: MarketsandMarkets Analysis

Commercial Aviation Refurbishing Market: Revenue Forecast (Global), 2012-2017 ($ Million)

Aviation Refurbishing Market

Source: MarketsandMarkets Analysis

The estimated revenue for refurbishing market has increased from $3.04 billion in 2012 to $4.26 billion in 2017 globally. The CAGR of 2012 to 2017 is estimated to be 7.0%.

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