Top Aircraft Refurbishing Companies

Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Aircraft Refurbishing Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Aircraft Refurbishing industry players.

Aircraft Refurbishing Market Competitive Landscape

The prominent players in the aircraft refurbishing industry are extensively spending in R&D to increase their product lines. Such investments are also helping the airplane refurbishment market grow rapidly. Vital market developments consist of new product releases, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other firms. It has become vital for airplane refurbishing market to offer cost-efficient products for them to flourish in this competitive and growing setting. Manufacturing locally to reduce operational expense is one of the key business tactics used by manufacturers in the global aircraft refurbishing industry to benefit clients and increase the market sector. 

Top Players in Aircraft Refurbishing Market

  • Lufthansa Technik AG (Germany) 
  • ST Engineering (Singapore) 
  • AAR Corporation (USA) 
  • MRO Holdings, Inc. (USA) 
  • Delta TechOps (USA) 
  • Air France Industries KLM Engineering & Maintenance (France/Netherlands) 
  • Hong Kong Aircraft Engineering Company Limited (HAECO) (Hong Kong) 
  • Turkish Technic (Turkey) 
  • Jet Aviation (Switzerland) 
  • GA Telesis, LLC (USA) 
  • Magnetic MRO (Estonia) 
  • SIA Engineering Company (Singapore) 
  • MTU Maintenance (Germany) 
  • TIMCO Aviation Services (USA) 
  • SR Technics (Switzerland) 
  • FL Technics (Lithuania) 
  • Sabena technics (France) 
  • Donegal Aviation, Inc. (USA)

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Aircraft Refurbishing Market size was valued at USD 5.86 Billion in 2024 and is poised to grow from USD 6.25 Billion in 2025 to USD 10.42 Billion by 2033, growing at a CAGR of 6.6% during the forecast period (2026–2033).

The prominent players in the aircraft refurbishing industry are extensively spending in R&D to increase their product lines. Such investments are also helping the airplane refurbishment market grow rapidly. Vital market developments consist of new product releases, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other firms. It has become vital for airplane refurbishing market to offer cost-efficient products for them to flourish in this competitive and growing setting. Manufacturing locally to reduce operational expense is one of the key business tactics used by manufacturers in the global aircraft refurbishing industry to benefit clients and increase the market sector.  'Lufthansa Technik AG (Germany) ', 'ST Engineering (Singapore) ', 'AAR Corporation (USA) ', 'MRO Holdings, Inc. (USA) ', 'Delta TechOps (USA) ', 'Air France Industries KLM Engineering & Maintenance (France/Netherlands) ', 'Hong Kong Aircraft Engineering Company Limited (HAECO) (Hong Kong) ', 'Turkish Technic (Turkey) ', 'Jet Aviation (Switzerland) ', 'GA Telesis, LLC (USA) ', 'Magnetic MRO (Estonia) ', 'SIA Engineering Company (Singapore) ', 'MTU Maintenance (Germany) ', 'TIMCO Aviation Services (USA) ', 'SR Technics (Switzerland) ', 'FL Technics (Lithuania) ', 'Sabena technics (France) ', 'Donegal Aviation, Inc. (USA)'

Increasing Adoption of Molecular Cabin Design: One of the leading trends that is being witnessed in the aircraft refurbishing market is the rising adoption of modular cabin designs. Modular designs enable airlines to customize aircraft interiors efficiently so that they can fulfil specific requirements of the passengers or operational needs. These designs offer immense flexibility, helping airlines to reconfigure seating arrangements, adjust cabin layouts, or integrate new features without much structural modifications.

North America is dominating with the largest aircraft refurbishing market share.  The region is experiencing strong demand for refurbishing services due to the presence of a huge number of airlines, private jet owners, and leasing organizations. The refurbishing services that are mainly popular among aircraft companies in this region are enhancing cabin furnishing, improving in-flight entertainment, and rising fuel efficiency. Furthermore, the region is also focusing on sustainability and innovation boosting the expansion of the market. Companies are also using eco-friendly materials and modern technologies in aircraft refurbishing because they have to meet regulatory criteria and consumer expectations in the market. The presence of prominent aerospace manufacturers and refurbishment organizations in countries like the United States and Canada is increasing investments in aviation infrastructure, leading to the growth of the market.  

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Global Aircraft Refurbishing Market
Aircraft Refurbishing Market

Report ID: SQMIG20W2011

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