According to a recently published report by Persistence Market Research, the demand for air transport modifications is pegged to gain steady traction in the foreseeable future. The study projects that by the end of 2026, more than US$ 7.6 Bn worth of air transport modifications will be sold across the globe. Increasing expenditure on upgrades by airline companies, coupled with the surging air traffic in developed countries, is slated to bolster the growth of the global air transport modifications market during the forecast period, 2017-2026. The global air transport modifications market is estimated to expand at a CAGR of 4.9%, registering a steady growth in terms of revenues.
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FACTS AT A GLANCE
Companies: AAR Corporation,China National Aviation Holding Company,Air France-KLM SA,,British Airways PLC,Delta Air Lines, Inc.,General Electric Company.,John Swire & Sons HK Ltd,Iberia Lineas Aereas de Espana S.A. ,Deutsche Lufthansa Aktiengesellschaft,MTU Aero Engines AG,Mubadala Investment Company,Singapore Technologies Aerospace Ltd.,Others
Coverage: All major geographies and key segments
Segments: Air Transport Modifications Market Segmented By Interiors, Avionics Upgrade, Paintings, PTF Conversions Product in Narrowbody Jet, Widebody Jet, Turboprop, Regional Jet Aircraft Type
Geographies: North America (U.S., Canada),Latin America (Mexico, Brazil, Argentina, Chile, Peru),Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe),CIS and Russia,Asia-Pacific (China, India, ASEAN, South Korea),Japan,Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
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ABSTRACT-
Key Advantages of the Report
A slew of factors encompassing the dynamics of the global air transport modifications market have been addressed and analyzed in this report. From changing guidelines with respect to the development and use of air transport mods, along with the standardization in the production techniques, to price volatility in procurement of raw materials, the report has discussed multitudes of information on how market players can rectify their shortcomings. Moreover, the report has provided high-level data analysis by quantifying the market size estimations is US dollars (US$) and interpreting them into metrics such as absolute dollar opportunities, compounded annual growth rates, and year-on-year growth rates. The report has also infused qualitative information with quantitative data by employing primary and secondary research methodologies.
The scope of the report is to reveal how the global air transport modifications market will shape up in the foreseeable future. The inferences provided in the report can enable market players in creating a roadmap towards future market direction. Companies can change their policies, production ratios, and expenditure to recalibrate their business development by referring to the insights provided in the report. The report has provided unbiased information in a balanced layout, and can be used as a reliable business document for strategy meetings. Impartial representation of the competition landscape in the global air transport modifications market dubs this report a yardstick to measure where the business of air transport modification manufacturers stands in the current and future environment.
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