Analysts Forecast the Global Commercial Aircraft Modernisation and Upgrade and Retrofit Market to Grow at a CAGR of 3.98% over the Period 2014-2019

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Albany, NY -- (SBWire) -- 10/13/2015 --About civil aircraft modernisation

Airlines across the world are seeking to retrofit their aircraft with the latest upgrades to improve the operational efficiency, increase the life span of an aircraft, and to be cost effective. Depending on the types of aircraft, retrofits, upgradation, and modernization are performed on avionics, including seats, galley, food storage equipment, windows, windshields and lavatory, and aerodynamic retrofit.

Technavio's analysts forecast the global commercial aircraft modernisation and upgrade and retrofit market to grow at a CAGR of 3.98% over the period 2014-2019.

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Covered in this report

The report includes the present scenario and the growth prospects of the global commercial aircraft modernisation and upgrade and retrofit market for the period 2015-2019. The market can be segmented into three divisions, namely, narrow-body aircraft, wide-body aircraft, and regional jets.

Technavio's report, Global Commercial Aircraft Modernisation and Upgrade and Retrofit Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

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Key regions
Americas
APAC
EMEA

Key vendors
AAR
Ameco Beijing
Aviation Partners Boeing
L-3 Communications
ST Aerospace

Other prominent vendors
Global AirWorks
HAECO
Honeywell
Rockwell Collins
Zodiac Aerospace

Market driver
Implementation of light-weight seats
For a full, detailed list, view our report

Market challenge
Issues with aircraft LED light fixtures
For a full, detailed list, view our report

Market trend
Modernization in aircraft windows
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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