AIRCRAFT REFURBISHING MARKET ANALYSIS

Aircraft Refurbishing MarketSize and Trends

The global aircraft refurbishing market was valued at US$ 500.8 Mn in 2022 and is expected to grow at a CAGR of 5.3% during the forecasted period (2023-2030). In recent years, there has been a significant emphasis on cabin interior upgrades in the aircraft refurbishing market. Airlines and aircraft operators are investing in upgrading cabin elements such as seating, lighting systems, lavatories, galleys, and in-flight entertainment systems. These upgrades aim to enhance passenger comfort, improve aesthetics, and provide a more modern and enjoyable flying experience.

Global Aircraft Refurbishing Market-Trends

Endorsement of brand name

Over the years, aircraft cabins have transformed a lot in terms of features, functions, and applications. Airlines use cabins as presentation of their brand image and gain significance in the market by providing competitive features, services, ambiance, and comfort. The cabin designers are using lighting as a tool for branding as lighting has immense impact on space perception and create right ambience. Many airlines are inclined toward inclusion of LED lighting, larger windows, and overhead lockers, in order to enhance their brand identity.