According to Fortune Business Insights™, the global aircraft refurbishing market size was valued at USD 5.86 billion in 2024 and is projected to grow from USD 5.88 billion in 2025 to USD 7.81 billion by 2032, exhibiting a CAGR of 4.13% during the forecast period. North America held the largest market share at 31.74% in 2024, driven by robust airline operations, high passenger traffic, and widespread adoption of advanced refurbishing services.
Aircraft refurbishing involves the overhaul, renovation, and modification of aircraft interiors and exteriors to enhance performance, improve aesthetics, comply with regulations, and extend service life. It includes cabin upgrades, engine and component modernization, structural modifications, repainting, and advanced entertainment systems—applicable across narrow-body, wide-body, and business jets, including VIP configurations.