TechNavio recognizes the following companies as the key players in the Global Commercial Aircraft Refurbishing Market: B/E Aerospace Inc., Lufthansa Technik AG , SIA Engineering Company Ltd., and Zodiac Aerospace SA.
Commenting on the report, an analyst from TechNavio’s team said: “Generally, cabin and interior refurbishment services enhance passengers’ experience and provide them with an ambience that reflects the status and value of the airliner. Cabin and interior refurbishment services include renovation and replacement of aircraft seats, carpets, fabric, leather, lighting, and woodwork. These are some of the things, apart from the technical specification, which differentiates a business jet from another. Therefore, there is a huge demand for cabin conversion in business jets in the market. This trend is expected to have a positive impact on the growth of the market in the future.”
According to the report, one of the major drivers in this market is the increasing demand for aircrafts in the APAC region. With the advent of the no-frills business model, the demand for new aircrafts has increased in the APAC region.
Further, the report states that one of the major challenges in this market is the increase in raw material prices. The rise in the raw material prices has resulted in pricing pressure on aircraft refurbishing manufacturers, and hence, they are forced to pass on the increased cost to customers.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Saberliner Corp., Timco Aviation Services, and Rose Aircraft Services.
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. For further information on this report, please visit https://www.technavio.com/report/global-commercial-aircraft-refurbishing-…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/automotive-and-aerospace
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TechNavio Announces the Publication of its Research Report -Global Commercial Aircraft Refurbishing Market 2012-2016
