On the basis of regional analysis, the global aircraft refurbishing market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. North America industry is likely to account for largest revenue share by 2036, propelled by growing requirements for continuously improving the design and specifications of the aircraft to meet the customer preferences are met in the region. Moreover, the growing requirements for continuously improving the design and specifications of the aircraft to meet the customer preferences are met in this region, which further increases the product demand. The market in Asia Pacific region is predicted to grow at the highest rate during the forecast period as a result of growing domestic aircraft demands and new players in the region.
Author Credits: Dhruv Bhatia
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