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Performing even the minor modifications in aircraft or air transport utilities is a crucial task, which influences airline companies in reserving a large part of their expenditure for air transport modifications. Global air transport regulatory bodies and regional authorities have developed a range of standards and set of guidelines for air transport modifications, from making the interiors lighter to changing the key components of propellers and supporting engines.
The global market for air transport modifications is expected to be driven by increasing emphasis on passenger safety in airline business, pertaining to the growing number of aircraft accidents recorded across the globe. With respect to the type of aircrafts, narrowbody jets are poised to bring in the largest amount of revenues in the global air transport modifications market. Globally, Europe is pegged to represent the most lucrative region for expansion of the air transport modifications market. Increasing air traffic in countries such as the UK, Germany and France, coupled with rising fares of air tickets, will continue to put European airline companies at ease in spending more on air transport modifications.
Market Analysis and Insights: Global Air Transport Modifications Market
The global Air Transport Modifications market size is projected to reach US$ 2877.1 million by 2026, from US$ 2791.5 million in 2020, at a CAGR of 2.8%% during 2021-2026.
Global Air Transport Modifications Scope and Market Size
Air Transport Modifications market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Air Transport Modifications market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Boeing Company
AAR Corp
Air France-KLM
Deutsche Lufthansa Aktiengesellschaft
Cobham
Honeywell International
Commuter Air Technology
Hawker Pacific
Textron
Field Aviation Company
Interiors
Avionics Upgrade
Paintings
PTF Conversions
SB/ AD
Narrowbody Jet
Widebody Jet
Regional Jet
Others
North America
Europe
China
Japan
Southeast Asia
India
The global market for air transport modifications is expected to be driven by increasing emphasis on passenger safety in airline business, pertaining to the growing number of aircraft accidents recorded across the globe. With respect to the type of aircrafts, narrowbody jets are poised to bring in the largest amount of revenues in the global air transport modifications market. Globally, Europe is pegged to represent the most lucrative region for expansion of the air transport modifications market. Increasing air traffic in countries such as the UK, Germany and France, coupled with rising fares of air tickets, will continue to put European airline companies at ease in spending more on air transport modifications.
Market Analysis and Insights: Global Air Transport Modifications Market
The global Air Transport Modifications market size is projected to reach US$ 2877.1 million by 2026, from US$ 2791.5 million in 2020, at a CAGR of 2.8%% during 2021-2026.
Global Air Transport Modifications Scope and Market Size
Air Transport Modifications market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Air Transport Modifications market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
The key players covered in this study
Boeing Company
AAR Corp
Air France-KLM
Deutsche Lufthansa Aktiengesellschaft
Cobham
Honeywell International
Commuter Air Technology
Hawker Pacific
Textron
Field Aviation Company
Market segment by Type, the product can be split into
Interiors
Avionics Upgrade
Paintings
PTF Conversions
SB/ AD
Market segment by Application, split into
Narrowbody Jet
Widebody Jet
Regional Jet
Others
Market segment by Regions/Countries, this report covers
North America
Europe
China
Japan
Southeast Asia
India
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
