Aircraft Refurbishing Market size was valued at USD 5.09 billion in 2024 and is set to exceed USD 10.46 billion by 2037, registering over 5.7% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of aircraft refurbishing is estimated at USD 5.34 billion.
Significance of delivering world class facilities and luxury passenger flight experience along with growing domestic airline market are some of the significant factors that are anticipated to boost the aircraft refurbishing market growth. Additionally, the growing use of lightweight materials, since they reduce the weight of an aircraft which results in reducing fuel costs, gives the profit margins to the airlines. Driven by these prominent features along with favorable government regulations for permitting these restructuring activities in public transport.
Author Credits: Dhruv Bhatia
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