ID: MRFR/A&D/7019-HCR | 168 Pages | Published By Swapnil Palwe on March 2023
Market Scenario
Aircraft Cabin Upgrades Market is projected to reach USD 9,867.3 Million by 2025, expanding at a CAGR of approximately 6% between 2019 and 2025. The aircraft cabin upgrades market is highly fragmented with the presence of many regional players catering to the increasing demand. The market comprises global players such as AAR Corp, Air France Industries and KLM Engineering & Maintenance, Boeing Global Services, Diehl Aviation Laupheim GmbH, Jet Aviation AG, and Lufthansa Technik AG among others. High competition among the industry players lead to product innovation, which attracts more consumers. This, in turn, drives the market growth.
Market Synopsis
Global Aircraft Cabin Upgrades Market has witnessed high growth in the recent years owing to increasing demand for next generation aircraft is the key growth driver of the aircraft cabin upgrades market. This is compelling airlines and leasing companies to upgrade their existing aircraft fleet to provide a uniform feel and to maintain the brand image across their fleet.
Market USP
Rise in the demand for the new aircraft and modernization of aircraft
Market Drivers
Market Restraints
Segmentation
By Aircraft Type
By Application
By End-Use
By Region
Key Players
Global aircraft cabin upgrades market is estimated to hold a market value of USD 9,867.3 million by 2025.
Global aircraft cabin upgrades market is projected to thrive at a CAGR of 6% by 2025.
Global aircraft cabin upgrades market is segmented into application, aircraft type, end-use, and region.
North America is estimated to lead the global aircraft cabin upgrades market.
AAR Corp (U.S.), Boeing Global Services (U.S.), Jet Aviation AG (Switzerland), Air France Industries KLM Engineering & Maintenance (France) are some of the renowned players of the global aircraft cabin upgrades market.