31 July 2018
Visiongain’ has launched a new aviation report Commercial Aircraft Modernization, Upgrade And Retrofit Market Report 2018-2028: Forecasts By Aircraft Type (Wide-Body, Narrow-Body, Regional Jets) By Work Type (Avionics, Interiors & In- Flight Entertainment (IFE), Airframe) And By Region Plus Profiles Of Leading Companies, Contracts, Programmes & New Technologies
Owing to the global economic recovery, aviation market growth, placement of modernized aircraft and increased R&D and large investments in fuel efficient engines, the attractive retrofit market has provided opportunities for the aerospace industry players to compete and grow.
There exists strong competition in the global commercial aircraft modernization, upgrade and retrofit market sector. Large number of vendors are competing on the basis of after-market service, quality as well as cost. This will further lead to an intense competition in the market among the existing players and new entrants. Therefore, it becomes imperative for vendors to provide quality as well as cost-effective services loaded with modern technology and materials in order to survive in such a competitive environment.
The Visiongain report analyst commented “The major factors boosting the demand for commercial aircraft modernization, upgrade and retrofit includes a rise in demand for the latest flight systems, the need for aircraft fuel efficiency, and various modernization programs among others. In addition, increased fuel prices have impelled the airlines and aircraft manufacturers to upgrade and modernize aircraft that would help to curb the total consumption of fuel.
There has been a continuous rise in global air traffic resulting in major concerns for aircraft manufacturers to provide improved safety to passengers. Owing to the various technological advancements, it has become possible to upgrade aircraft with the latest avionics systems that supports the efficient management of flights.”
Leading companies featured in the report who are operating in the aircraft modernization, upgrade and retrofit market include AAR, Ameco Beijing, Astronics Corporation, Airbus SE, Aviation Partners Beijing, Israel Aerospace Industries, Diehl Aerosystems, Aeronautical Engineers Inc, EMTEQ, FACC AG, GKN Plc, and HAECO
Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to email@example.com or call her on +44 (0) 207 336 6100
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.
Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.
Considering the pattern of industry in the space launch services market, Visiongain has studied the market on the basis of Launch vehicle type based on small vehicle and heavy vehicle segments. Small vehicle segment remains the highest revenue generating segment in the launch vehicle category
14 September 2020
Aerospace filters are one of the promising markets and investors should be mindful that the future belongs to broad aviation’s, drones and planes, whether they are manned or unmanaged. In addition, the market for filters in this industry is anticipated to increase with the increasing number of these craft.
14 September 2020
The baggage handling system market is about to enter a period of phenomenal growth and innovation. The next ten years will see the upsurge demand of baggage handling system.
09 September 2020
The increase in the necessity of data security in military & defence sector has increased the growth of the fibre optic market as stringent requirements of secure information transfer are prevalent.