Global Aircraft Refurbishing Market 2017-2021 - Product Image

Global Aircraft Refurbishing Market 2017-2021

  • ID: 4403345
  • Report
  • Region: Global
  • 73 pages
  • TechNavio
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FEATURED COMPANIES

  • AAR
  • AMAC Aerospace
  • AMECO
  • Aviation Partners Boeing
  • HAECO
  • Honeywell
  • MORE
About Aircraft Refurbishing

As passenger safety is the most important aspect of the airline industry, operations with older aircraft can be dangerous and, therefore, need to be retired or refurbished. Hence, aircraft refurbishment is an important process that involves cleaning, repair, renovation, and maintenance of aircraft to transform older aircraft back to their airworthy condition. Refurbishment is carried out in hangers or refurbishment yards. Commercial aircraft refurbishment is an economical solution for airline operators when they have fleets that are operating well but are not up-to-date.

The analysts forecast the global aircraft refurbishing market to grow at a CAGR of 5.82% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global aircraft refurbishing market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Aircraft Refurbishing Market 2017-2021, 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.

Key vendors
  • AAR
  • AMECO
  • L-3 Communications Aviation Recorders
  • ST Aerospace
  • Aviation Partners Boeing
Other prominent vendors
  • Lufthansa Technik
  • HAECO
  • Honeywell
  • Zodiac Aerospace
  • Rockwell Collins
  • AMAC Aerospace
  • SR Technics
Market drivers
  • Growing demand for premium economy class
  • For a full, detailed list, view the full report
Market challenges
  • Lack of pre-determined aircraft retirement age
  • For a full, detailed list, view the full report
Market trends
  • Growing demand for VIP cabins
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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FEATURED COMPANIES

  • AAR
  • AMAC Aerospace
  • AMECO
  • Aviation Partners Boeing
  • HAECO
  • Honeywell
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by aircraft type
  • Global aircraft refurbishment market segmentation by aircraft type
  • Global aircraft refurbishment market for narrow-body aircraft
  • Global aircraft refurbishment market for wide-body aircraft
  • Global aircraft refurbishment market for VIP aircraft
  • Global aircraft refurbishment market for passenger-to-freight aircraft
PART 07: Geographical segmentation
  • Global aircraft refurbishment market segmentation by geography
  • Aircraft refurbishment market in Americas
  • Aircraft refurbishment market in EMEA
  • Aircraft refurbishment market in APAC
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Market challenges
PART 10: Market trends
  • Growing demand for VIP cabins
  • Adoption of newer-generation technology
  • Growth in air travel
PART 11: Vendor landscape
  • Competitive Landscape
  • Other prominent vendors
PART 12: Key vendor analysis
  • AAR
  • Ameco
  • Aviation Partners Boeing
  • L-3 Communications Aviation Recorders
  • ST Aerospace
PART 13: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Global aircraft refurbishment market overview
Exhibit 02: Global aircraft refurbishment market 2016-2021 ($ billions)
Exhibit 03: Five forces analysis
Exhibit 04: Global aircraft refurbishment market segmentation by aircraft type 2016 and 2021 (%)
Exhibit 05: Global aircraft refurbishment market segmentation by aircraft type 2016-2021 ($ billions)
Exhibit 06: Global aircraft refurbishment market for narrow-body aircraft 2016-2021 ($ billions)
Exhibit 07: Global aircraft refurbishment market for wide-body aircraft 2016-2021 ($ billions)
Exhibit 08: Global aircraft refurbishment market for VIP aircraft 2016-2021 ($ billions)
Exhibit 09: Global aircraft refurbishment market for passenger-to-freight aircraft 2016-2021 ($ billions)
Exhibit 10: Operations involved in P2F conversion
Exhibit 11: Some typical conversion tasks
Exhibit 12: Global aircraft refurbishment market segmentation by geography 2016 and 2021 (%)
Exhibit 13: Global aircraft refurbishment market segmentation by geography 2016-2021 ($ billions)
Exhibit 14: Aircraft refurbishment market in Americas 2016-2021 ($ billions)
Exhibit 15: Aircraft refurbishment market in EMEA 2016-2021 ($ billions)
Exhibit 16: Aircraft refurbishment market in APAC 2016-2021 ($ billions)
Exhibit 17: Factors driving air traffic demand
Exhibit 18: L-3 Communications Aviation Recorders: Product portfolio
Exhibit 19: Business segmentation of ST Aerospace
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FEATURED COMPANIES

  • AAR
  • AMAC Aerospace
  • AMECO
  • Aviation Partners Boeing
  • HAECO
  • Honeywell
  • MORE
New Report Released: – Global Aircraft Refurbishing Market 2017-2021

The author of the report recognizes the following companies as the key players in the global aircraft refurbishing market: AAR, AMECO, L-3 Communications Aviation Recorders, ST Aerospace, and Aviation Partners Boeing.

Other Prominent Vendors in the market are: Lufthansa Technik, HAECO, Honeywell, Zodiac Aerospace, Rockwell Collins, AMAC Aerospace, and SR Technics.

Commenting on the report, an analyst from the research team said: “One trend in the market is growing demand for VIP cabins. VIP cabins are mostly owned by either corporations or private individuals and represent a challenging yet fruitful market. The range of cabin options is large and depends on the requirement of the owner. The operators have requirements like waterbeds, stationary bikes, custom artwork, and use of special materials like marble or granite.”

According to the report, one driver in the market is growing demand for premium economy class. The premium economy concept for some airline operators is an upgrade of the economy class. This mainly involves providing a little extra comfort to passengers for a rather low investment compared with business class. With the growing disposable income, passenger preferences are changing, and passengers are shifting toward comfort luxury travel. As premium economy class bridges the gap between business and economy class, airline operators are considering it as a financial benefit. While some airliners are specifying it for their new aircraft, several others have opted refurbishment of existing aircraft as an option to achieve the same.

Further, the report states that one challenge in the market is lack of pre-determined aircraft retirement age. Commercial aircraft refurbishment is largely dependent on the aging of aircraft. Countries like China and Russia retire their aircraft at the age of 15 years, whereas in the Americas, the aircraft retire at around 20 years. The Aircraft Fleet Recycling Association is trying to standardize the retirement age as per the number of years of service and as per the aircraft body type. Aging aircraft suffer from metal corrosion and structural fatigue issues. While corrosion occurs due to chemical action and causes deterioration of the metal surface, fatigue cracks occur due to cyclic loading.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • AAR
  • AMECO
  • L-3 Communications Aviation Recorders
  • ST Aerospace
  • Aviation Partners Boeing
  • Lufthansa Technik
  • HAECO
  • Honeywell
  • Zodiac Aerospace
  • Rockwell Collins
  • AMAC Aerospace
  • SR Technics
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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