Aircraft Refurbishing Market Trend Evaluation with covid-19 impact

Aircraft Refurbishing Market Trend Evaluation with covid-19 impact

September 21, 2020

This new report from Stratview Research analyses the Aircraft Refurbishing Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.

Aircraft Refurbishing Market Overview:

The sudden outbreak of the COVID-19 has led to unforeseen fluctuations across many industries and the Aircraft Refurbishing Market is no different. Derived from the previous market scenario, the Aircraft Refurbishing Market is likely to witness an impressive CAGR of 6.2% during 2020-25 but with the global crisis in action, the growth curve has deviated from its expected path and exhibits an uncertain trajectory at present.

Salient Features of the Report

The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.

The following are the key features of the report:

  • Strategic segmentation
  • Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
  • Detailed Competitive Rivalry landscaping
  • Market trend and forecast analysis
  • Future Growth Boulevards  

Get access to a deeper coverage of the impact of COVID-19 on this Market here:

Market Share Analysis

Aircraft Refurbishing Market Share: By Aircraft Type

Based on the aircraft type, the market is segmented as narrow-body aircraft, wide-body aircraft, very large aircraft, and VIP. The narrow-body aircraft segment dominated the market in 2018, and is estimated to continue its dominance during the forecast period, driven by the growing demand for commercial narrow-body aircraft.   

Aircraft Refurbishing Market Share: By Refurbishing Type

Based on the refurbishing type, the market is segmented as passenger-to-freighter, commercial aircraft cabin refurbishing, and VIP cabin refurbishing. The passenger-to-freighter market is expected to depict the highest growth during the forecast period. The high growth is owing to investment by airlines in passengers-to-freighter conversions so as to utilize their fleet effectively and also save up money.

Click below to run through the detailed ToC of the report:

Aircraft Refurbishing Market Share: By Region

In terms of regions, the North American region accounted for the largest share of the market for aircraft refurbishing in 2018, and is likely to maintain its dominance during the forecast period. The market is driven by the presence of key aircraft manufacturers, such as the Boeing Company (US) and Bombardier Inc. (Canada) in this region. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

Click here for other high value market reports from Stratview Research in the Aerospace & Defence Industry:

About Stratview Research

Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.

We have a strong team of industry veterans and analysts with an extensive experience in executing custom research projects for mid-sized to Fortune 500 companies, in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy, Go to Market Strategy, and Voice of Customer studies.

Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making. 

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Author : Emily


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