Aircraft Refurbishing Market Forecast 2025–2035: Market to Reach USD 9.2 Billion by 2035 at 5.1% CAGR
The global aircraft refurbishing market is poised for steady growth over the next decade, rising from USD 5.6 billion in 2025 to approximately USD 9.2 billion by 2035. According to FactMR, this expansion represents a 64.3% increase, with the market growing at a compound annual growth rate (CAGR) of 5.1%. The growth trajectory is driven by aging aircraft fleets, rising passenger experience demands, and heightened operational efficiency requirements across commercial and business aviation sectors. Market Dynamics: Fleet Aging and Premium Passenger Experience The continuing aging of aircraft fleets worldwide is a primary driver for refurbishing services. Airlines are increasingly investing in interior and systems upgrades to extend the lifecycle of their fleets, optimize asset utilization, and enhance passenger satisfaction. Narrow-body aircraft dominate the refurbishing demand, representing 46% of market share in 2025, followed by wide-body aircraft (32%) and business j...