Aircraft Cabin Upgrades Industry Forecast to 2025 Available in New Report

Market Analysis

Global Aircraft Cabin Upgrades Market is projected to be valued at USD 9,867.3 Million by 2025, expanding at a CAGR approximately over 6% between 2019 and 2025. The market witnessed significant traction in recent years owing to advancements in technologies and products. Airline companies strive to offer premium experience and comfort to passengers while traveling, which a major factor is contributing to the market growth. Furthermore, advancements such as large overhead bins, new connectivity systems, and compact slim seats increase passenger preference towards the airline, which also positively impacts the market growth.

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Key Players

AAR Corp (US), Hong Kong Aircraft Engineering Company Limited (Hong Kong), Turkish Technic (Turkey), Airbus SAS (Netherlands), Air France Industries KLM Engineering & Maintenance (France), Boeing Global Services (US), Diehl Aviation Laupheim GmbH (Germany), Jet Aviation AG (Switzerland), Lufthansa Technik AG (Germany), SR Technics (Switzerland) and , Singapore Technologies Engineering Ltd (ST Engineering) (Singapore)

Growth Opportunities in the Market

Dominance of commercial aircraft in the Aircraft Cabin Upgrades Market The commercial aircraft segment dominated the global aircraft cabin upgrades market in 2018 and this trend is expected to continue during the forecast period. The segment accounted for over 35% of the global market. Fleet up-gradation undertaken by major airlines such as Emirates Group, Delta Air Lines, Inc., and Air France KLM among others is expected to drive the segmental growth during the forecast period. Moreover, the changing regulations by aviation authorities are expected to further encourage the segment growth.

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