Aircraft Refurbishing Market Size, Share, and Russia-Ukraine War Impact Analysis, By Fitting Type (Retrofit, IFES & Lighting, and Passenger Seats) By Aircraft Type (Large Body Aircraft, Wide Body Aircraft, and Narrow Body Aircraft) By Refurbishing Type (VIP Cabin Refurbishing and Commercial Cabin Refurbishing), and Regional Forecast, 2024-2032

The global aircraft refurbishing market is undergoing notable growth, with a substantial CAGR expected during the forecast period leading up to 2032. Aircraft refurbishing refers to the process of upgrading and restoring various components of an aircraft to improve its performance, extend its service life, and enhance the overall passenger experience. This can involve a wide range of activities, including updating the interior cabin, modernizing avionics and other electronic systems, performing structural repairs, and repainting the exterior. The aircraft refurbishing market is experiencing a significant surge, driven by the growing demand for modernized, efficient, and comfortable air travel experiences. As airlines strive to enhance passenger satisfaction and maintain competitiveness, refurbishing older aircraft emerges as a cost-effective and sustainable alternative to purchasing new ones. This market encompasses a wide array of services, including cabin interior upgrades, avionics modernization, structural modifications, and exterior repaints.

Stringent regulatory standards and the need for compliance with international aviation safety norms influence the market. Service providers are continually adapting to meet these regulations while delivering high-quality refurbishments that meet the aesthetic and functional demands of modern travelers. With a diverse range of stakeholders, including commercial airlines, private jet owners, and maintenance repair and overhaul (MRO) organizations, the aircraft refurbishing market is poised for robust growth. This growth is further supported by strategic partnerships, mergers, and acquisitions aimed at expanding service offerings and enhancing technological capabilities. As the aviation industry navigates through evolving market dynamics, the aircraft refurbishing sector stands as a pivotal contributor to its sustainable and customer-centric transformation.

Impact of the Russia-Ukraine War on Aircraft Refurbishing Market:

The Russia-Ukraine war has significantly disrupted the aircraft refurbishing market, leading to material shortages, logistical challenges, and increased costs due to supply chain disruptions and economic sanctions. The conflict has caused volatility in fuel prices, pushing airlines to prioritize refurbishments that enhance fuel efficiency. Geopolitical uncertainty has made airlines and investors more cautious, potentially delaying refurbishing projects. Additionally, the displacement of skilled workers has created labor shortages, affecting project timelines and quality. Despite these challenges, the market is adapting through innovation and the exploration of alternative materials and suppliers, underscoring the industry's resilience in the face of geopolitical turmoil.

Aircraft Refurbishing Market Segmentation:

Key Insights:

The report covers the following key insights:

• The report analyzes a detailed industry overview that includes qualitative and quantitative data.

• The report analyzes the overview and forecast of the aircraft refurbishing market based on various segments.

• After assessing the economic, social, political and technical factors affecting environmental security, the report also analyzes the PEST analysis of all four regions: North America, Europe, Asia Pacific and the Rest of the world.

Analysis by Fitting Type

Aircraft refurbishing market segmentation by fitting type includes retrofit, IFES & Lighting and passenger seats. The retrofit segment dominated the market due to a multitude of factors that emphasize cost efficiency, sustainability, and technological advancement. Retrofits involve upgrading existing aircraft with new technology, materials, and systems to extend their service life and enhance performance, making it a preferred choice for airlines and aircraft owners. Also, the In-Flight Entertainment and Connectivity Systems (IFES) & Lighting, and Passenger Seats segments are set to experience significant growth in the aircraft refurbishing market. This trend is driven by evolving passenger expectations, technological advancements, and the need for airlines to remain competitive and compliant with new standards.

Regional Analysis:

By region, the study provides a market overview of North America, Europe, Asia Pacific and the Rest of the world. North America dominated the market owing to a combination of advanced aviation infrastructure, high air traffic volume, and significant investments by major airlines in fleet modernization. The region's robust aviation industry, home to leading airlines and maintenance, repair, and overhaul (MRO) providers, fuels the demand for extensive refurbishment projects. The presence of key market players and technological innovators in the U.S. and Canada enhances the capacity for advanced refurbishing services, including state-of-the-art in-flight entertainment systems, modern seating arrangements, and efficient avionics upgrades.

Moreover, the study also covers the other regions with the major countries, such as Germany, France, the U.K., Italy, Spain, India, Australia, South Korea, China, Japan and Brazil.

Key Players Covered:

• Lufthansa Technik AG


• ST Aerospace


• HAECO Group


• GKN Aerospace Services Limited


• SR Technics


• Jet Aviation


• Duncan Aviation


• Bombardier Aerospace


• Embraer Executive Jets


• Dassault Falcon Jet

Key Industry Developments:

• In December 2023, Dassault Systèmes recently revealed that Dassault Aviation has expanded its utilization of the 3DEXPERIENCE platform on a dedicated cloud infrastructure to enhance the maintenance, repair, and overhaul processes for its fleet of Rafale aircraft, serving the French Ministry of Armed Forces.


• In November 2023, JETMS Completions, a company specializing in aircraft interior and exterior finishing, is set to launch a cabin refurbishment and overhaul initiative for the incoming fleet of Airbus A380 aircraft belonging to the UK-based start-up carrier, Global Airlines.