Aircraft Refurbishing Market is estimated to be valued at USD 585 Mn in 2025 and is expected to reach USD 839.8 Mn by 2032, growing at a compound annual growth rate (CAGR) of 5.3% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 585 Mn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
5.30%
2032 Value Projection:
USD 839.8 Mn
Aircraft refurbishment is the process of replacement and maintenance of the aircraft. It includes inspection, overhaul, replacement, defect rectification, and embodiment modifications. Aircraft refurbishment gives a new look existing aircraft by replacing the overhead bins, sidewalls liners, monuments, windows, cabin lighting, and others. Furthermore, the inflight entertainment and communications system (IFECS) refurbishment include, designing and installing customized IFECS solutions to engage and entertain passengers during the flight.
Market Dynamics:
The low-cost carriers (LCC) airlines such as Sun Country Airlines Company is upgrading their cabin elements such as toilets, galleys, and lavatories in order to increase the seating capacity of aircraft. For instance, in 2022, Emirates is investing over US$ 2 billion to enhance its inflight customer experience, including a programme to retrofit over 120 aircraft with the latest interiors and make a variety of service improvements across all cabins starting this year.
Furthermore, the airline companies including British Airways and others are installing next-generation latest equipment and lightweight seats to develop their operational efficiencies. For instance, in 2023 Etihad is the first airline in the world to introduce the Elements seat on the Boeing 787. The new seats will provide passengers with a comfortable and spacious environment with added privacy provided by a suite door.
Key features of the study:
This report provides an in-depth analysis of the global aircraft refurbishing market and provides market size (US$ Million) and Compound Annual Growth Rate (CAGR %) for the forecast period 2025-2032, considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global aircraft refurbishing market based on the following parameters - regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study B/E Aerospace, Inc., Diehl Stiftung & Co. KG, Gulfstream Aerospace, Ltd, Hong Kong Aircraft Engineering Company Limited, JAMCO America, Jet Aviation AG, Lufthansa Technik AG, Sabreliner Aviation LLC, Safran SA, SCI Cabin Interiors, SIA Engineering Co Ltd., United Technologies Corporation, and Zodiac Aerospace S.A.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
The global aircraft refurbishing market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global aircraft refurbishing market.
Detailed Segmentation:
Global Aircraft Refurbishing, By Aircraft Type
Wide Body Aircraft
Narrow Body Aircraft
Large Body Aircraft
Global Aircraft Refurbishing, By Refurbishing Type
Passenger to Freighter Refurbishing
VIP Cabin Refurbishing
Commercial Cabin Refurbishing
Global Aircraft Refurbishing, By Fitting Type
Retrofit
IFEC
Passenger Seats
Global Aircraft Refurbishing, By Region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Company Profiles:
B/E Aerospace, Inc.
Diehl Stiftung & Co. KG
Gulfstream Aerospace, Ltd
Hong Kong Aircraft Engineering Company Limited
JAMCO America
Jet Aviation AG
Lufthansa Technik AG
Sabreliner Aviation LLC
Safran SA
SCI Cabin Interiors
SIA Engineering Co Ltd.
United Technologies Corporation
Zodiac Aerospace S.A.
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Aircraft Type
Market Snippet, By Refurbishing Type
Market Snippet, By Fitting Type
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Growing appeal of premium economy class in travelers
Increasing demand for VIP refurbishment of aircrafts
Restraints
Advent of next-generation aircrafts with low maintenance
Strict regulatory policies
Opportunities
High growth in conversion
Development of advanced technologies
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario
4. Global Aircraft Refurbishing Market, By Aircraft Type, 2020-2032, (US$ Mn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021-2032
Segment Trends
Wide Body Aircraft
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Mn)
Narrow Body Aircraft
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Mn)
Large Body Aircraft
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Mn)
5. Global Aircraft Refurbishing Market, By Refurbishing Type, 2020 - 2032 (US$ Million)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Segment Trends
Passenger to Freighter Refurbishing
Introduction
Market Size and Forecast, 2020-2032, (US$ Mn)
VIP Cabin Refurbishing
Introduction
Market Size and Forecast, 2020-2032, (US$ Mn)
Commercial Cabin Refurbishing
Introduction
Market Size and Forecast, 2020-2032, (US$ Mn)
6. Global Aircraft Refurbishing Market, By Fitting Type, 2020 - 2032 (US$ Million)
Introduction
Market Size and Forecast, 2020-2032, (US$ Mn)
Segment Trends
Retrofit
Market Size and Forecast, 2020-2032, (US$ Mn)
Segment Trends
IFEC
Introduction
Market Size and Forecast, 2020-2028, (US$ Million)
Passenger Seats
Introduction
Market Size and Forecast, 2020-2028, (US$ Million)
7. Global Aircraft Refurbishing Market, By Region, 2020-2032, (US$ Mn)
Introduction
Market Share Analysis, By Region, 2025 and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2021-2032
Regional Trends
North America
Introduction
Market Size and Forecast, By Aircraft Type 2020 - 2032 (US$ Million)
Market Size and Forecast, By Refurbishing Type, 2020 - 2032 (US$ Million)
Market Size and Forecast, By Fitting Type, 2020 - 2032 (US$ Million)
Market Share Analysis, By Country, 2025 and 2032 (%)
U.S.
Canada
Europe
Introduction
Market Size and Forecast, By Aircraft Type, 2020 - 2032 (US$ Million)
Market Size and Forecast, By Refurbishing Type, 2020 - 2032 (US$ Million)
Market Size and Forecast, By Fitting Type, 2020 - 2032 (US$ Million)
Market Share Analysis, By Country, 2025 and 2032 (%)
Brazil
Argentina
Mexico
Rest of Latin America
Asia Pacific
Introduction
Market Size and Forecast, By Aircraft Type, 2020 - 2032 (US$ Million)
Market Size and Forecast, By Refurbishing Type, 2020 - 2032 (US$ Million)
Market Size and Forecast, By Fitting Type, 2020 - 2032 (US$ Million)
Market Share Analysis, By Country, 2025 and 2032 (%)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
Introduction
Market Size and Forecast, By Aircraft Type, 2020 - 2032 (US$ Million)
Market Size and Forecast, By Refurbishing Type, 2020 - 2032 (US$ Million)
Market Size and Forecast, By Fitting Type, 2020 - 2032 (US$ Million)
Market Share Analysis, By Country, 2025 and 2032 (%)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
Introduction
Market Size and Forecast, By Aircraft Type, 2020 - 2032 (US$ Million)
Market Size and Forecast, By Refurbishing Type, 2020 - 2032 (US$ Million)
Market Size and Forecast, By Fitting Type, 2020 - 2032 (US$ Million)
Market Share Analysis, By Country, 2025 and 2032 (%)