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Aircraft Refurbishing Market Growth, Trends, Analysis and Forecast

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According to the report, a key growth driver is the growing demand for premium economy class. The changing passenger preferences have necessitated airlines to explore more options for travel.
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Global Aircraft Refurbishing Market Size, Share, Global
Insights, Analysis and Outlook, Emerging Trends and
Research Report by Market Reports Center
Technavio Announces the Publication of its Research Report – Global Aircraft Refurbishing Market 20162020
Technavio recognizes the following companies as the key players in the global aircraft refurbishing
market: AAR, Ameco, Aviation Partners Boeing, L-3 Communications Aviation Recorders, and ST
Aerospace.
Other Prominent Vendors in the market are: Global AirWorks, HAECO, Honeywell, Lufthansa Technik,
Rockwell Collins, and Zodiac Aerospace.
Commenting on the report, an analyst from Technavio’ s team said: “A trend helping to boost market
growth is the rising popularity of VIP cabins. The growing demand for luxury travel and the desire for
comfort and connectivity is increasing the demand for VIP cabin conversions. In order to meet the everrising expectations and changing preferences of customers who wish to fly on the finest aircraft, various
teams such as engineers, ground interior designers, completion specialists, and manufacturers are
focusing on advanced technology and high premium cabin refurbishments.”
Browse full report with TOC@ https://marketreportscenter.com/reports/319890/global-aircraftrefurbishing-market-2016-2020
According to the report, a key growth driver is the growing demand for premium economy class. The
changing passenger preferences have necessitated airlines to explore more options for travel. With the
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growing income, the cost-sensitive passengers are tending toward comfort luxury travel. Therefore, the
concept of premium economy class, which was first introduced by Taiwanese carrier Eva Air in 1991,
was widely accepted by airlines globally. This provided an opportunity for air carriers to improve yields
by providing an intermediate zone with extra space and comfort for a small hike in the economy fare.
Further, the report states that one challenge that could hamper market growth is the complexities
involved in the decision-making process.
The study was conducted using an objective combination of primary and secondary information
including inputs from key participants in the industry
About the Aircraft Refurbishing Market
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.
Technavio’ s analysts forecast the global aircraft refurbishing market to grow at a CAGR of 5.24% during
the period 2016-2020.
Covered in this report
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.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Aircraft Refurbishing Market 2016-2020, has been prepared based on an indepth 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
• Aviation Partners Boeing
• L-3 Communications Aviation Recorders
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• ST Aerospace
Other prominent vendors
• Global AirWorks
• HAECO
• Honeywell
• Lufthansa Technik
• Rockwell Collins
• Zodiac Aerospace
Market driver
• Growing demand for premium economy class
• For a full, detailed list, view our report
Market challenge
• Complexities in decision-making
• For a full, detailed list, view our report
Market trend
• Increasing popularity of VIP cabins
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 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?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’ s time when you purchase this market report. Details are
provided within the report.
Request A Sample copy of This Report @ https://marketreportscenter.com/request-sample/319890
Table Of Content
PART 01: Executive summary
• Highlights
PART 02: Scope of the report
• Market overview
• Top-vendor offerings
PART 03: Market research methodology
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• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
PART 05: Market landscape
• Market overview
• Market size and forecast
• Five forces analysis
PART 06: Supply chain system for aircraft refurbishment market
PART 07: Market segmentation by aircraft type
• Global aircraft refurbishment market
• 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 08: Geographical segmentation
• Geographical segmentation of global aircraft refurbishment by market share
• Aircraft refurbishment market in Americas
• Aircraft refurbishment market in EMEA
• Aircraft refurbishment market in APAC
PART 09: Market drivers
PART 10: Impact of drivers
To Get Discount On The Report @ https://marketreportscenter.com/request-discount/319890
Connect for more details:
Sam Collins
Market Reports Center
1-646-883-3044 (US)
[email protected]
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