New

Aircraft Conversion Market

2021

Aircraft Conversion Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Aircraft Size (Narrow-body Freighters, Wide-Body Freighters); Conversion Type (Freighters, Combis, Quick-Change) and Geography

| Report Code: TIPRE00025426 | No. of Pages: 150 | Category: Aerospace and Defense | Status: Upcoming

Market Insights

Aircraft Conversion Market 2028 By Aircraft Size, Conversion Type and Geography | The Insight Partners

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MARKET OVERVIEW

Aircraft conversion is done on the production built and other pre-owned passenger aircraft that are converted to freighters (P2F). Conversion of passenger aircraft into a freighter extends the economic life of an aircraft, which benefits numerous cargo airlines that choose to operate a first-hand quality converted freighter. The rising need for long haul, high volume freighter capacity, and increase in cargo loading volumes across the world are driving the global aircraft conversion market.

MARKET SCOPE

The "Global Aircraft Conversion Market Analysis to 2028" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of Aircraft Conversion Market with detailed market segmentation by aircraft size, conversion type, and geography. The global Aircraft Conversion Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Aircraft Conversion Market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

  •   Based on aircraft size, the global Aircraft Conversion Market is segmented into narrow-body freighters, wide-body freighters
  •   On the basis of conversion type, the market is segmented into Freighters, Combis, and Quick-Change.

MARKET DYNAMICS
Drivers:

  •   Significantly increases the performance of vehicles with high acceleration and speed
  •   Rubber tracks reduce degree of weight
  •   Retrofitting of other tracks with rubber tracks in existing vehicle in military

Restraints:

  •   Reduced maneuverability due to low-lateral stiffness of the product as compared to steel tracks

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Aircraft Conversion Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porter's Five Forces analysis, highlighting the factors affecting the Aircraft Conversion Market in these regions,

IMPACT OF COVID-19 ON AIRCRAFT CONVERSION MARKET

The outbreak of the COVID-19 has severely impacted aviation related industry due to international travel bans and halt in passenger flights. Moreover, the shutdown of various markets and industries due to disruptions in the supply chain led to a decrease in cargo and freighter aircraft production. However, the rising demand for transportation of goods across the world, including healthcare products and essential supplies has created an ample market for aircraft conversion players to offer their services to airlines. Furthermore, major companies in the market have seen an upward spike in orders from numerous airlines to convert their passenger aircraft to freighter aircraft. For instance, in October 2021, the well-established Israel Aerospace Industries has signed a deal for the conversion of Airbus A330-300 aircraft from passenger to freighter configuration for Avolon, the world's third largest aircraft leasing business. Therefore, the initial impact of COVID-19 pandemic on the market was negative but the market is regaining momentum with the rising demand of cargo aircrafts and obsolescence of passenger aircrafts.



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MARKET PLAYERS


The report covers key developments in the Aircraft Conversion Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership and collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Aircraft Conversion Market are anticipated to lucrative growth opportunities in the future with the rising demand for Aircraft Conversion Market in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Aircraft Conversion Market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

  •   Aeronautical Engineers, Inc.
  •   Israeli Aerospace Industries
  •   Boeing
  •   ELBE FLUGZEUGWERKE GMBH
  •   Airborne Maintenance & Engineering Services
  •   Precision Aircraft Solutions
  •   ST Engineering
  •   KELOWNA FLIGHTCRAFT
  •   Kuehne+Nagel
  •   Cascade Aerospace Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.


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TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Aircraft Conversion Market - By Aircraft Size
1.3.2 Aircraft Conversion Market - By Conversion Type
1.3.3 Aircraft Conversion Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. AIRCRAFT CONVERSION MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS

5. AIRCRAFT CONVERSION MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. AIRCRAFT CONVERSION MARKET - GLOBAL MARKET ANALYSIS
6.1. AIRCRAFT CONVERSION - GLOBAL MARKET OVERVIEW
6.2. AIRCRAFT CONVERSION - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. AIRCRAFT CONVERSION MARKET - REVENUE AND FORECASTS TO 2028 - AIRCRAFT SIZE
7.1. OVERVIEW
7.2. AIRCRAFT SIZE MARKET FORECASTS AND ANALYSIS
7.3. NARROW-BODY FREIGHTERS
7.3.1. Overview
7.3.2. Narrow-body Freighters Market Forecast and Analysis
7.4. WIDE-BODY FREIGHTERS
7.4.1. Overview
7.4.2. Wide-Body Freighters Market Forecast and Analysis
8. AIRCRAFT CONVERSION MARKET - REVENUE AND FORECASTS TO 2028 - CONVERSION TYPE
8.1. OVERVIEW
8.2. CONVERSION TYPE MARKET FORECASTS AND ANALYSIS
8.3. FREIGHTERS
8.3.1. Overview
8.3.2. Freighters Market Forecast and Analysis
8.4. COMBIS
8.4.1. Overview
8.4.2. Combis Market Forecast and Analysis
8.5. QUICK-CHANGE
8.5.1. Overview
8.5.2. Quick-Change Market Forecast and Analysis

9. AIRCRAFT CONVERSION MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Aircraft Conversion Market Overview
9.1.2 North America Aircraft Conversion Market Forecasts and Analysis
9.1.3 North America Aircraft Conversion Market Forecasts and Analysis - By Aircraft Size
9.1.4 North America Aircraft Conversion Market Forecasts and Analysis - By Conversion Type
9.1.5 North America Aircraft Conversion Market Forecasts and Analysis - By Countries
9.1.5.1 United States Aircraft Conversion Market
9.1.5.1.1 United States Aircraft Conversion Market by Aircraft Size
9.1.5.1.2 United States Aircraft Conversion Market by Conversion Type
9.1.5.2 Canada Aircraft Conversion Market
9.1.5.2.1 Canada Aircraft Conversion Market by Aircraft Size
9.1.5.2.2 Canada Aircraft Conversion Market by Conversion Type
9.1.5.3 Mexico Aircraft Conversion Market
9.1.5.3.1 Mexico Aircraft Conversion Market by Aircraft Size
9.1.5.3.2 Mexico Aircraft Conversion Market by Conversion Type
9.2. EUROPE
9.2.1 Europe Aircraft Conversion Market Overview
9.2.2 Europe Aircraft Conversion Market Forecasts and Analysis
9.2.3 Europe Aircraft Conversion Market Forecasts and Analysis - By Aircraft Size
9.2.4 Europe Aircraft Conversion Market Forecasts and Analysis - By Conversion Type
9.2.5 Europe Aircraft Conversion Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Aircraft Conversion Market
9.2.5.1.1 Germany Aircraft Conversion Market by Aircraft Size
9.2.5.1.2 Germany Aircraft Conversion Market by Conversion Type
9.2.5.2 France Aircraft Conversion Market
9.2.5.2.1 France Aircraft Conversion Market by Aircraft Size
9.2.5.2.2 France Aircraft Conversion Market by Conversion Type
9.2.5.3 Italy Aircraft Conversion Market
9.2.5.3.1 Italy Aircraft Conversion Market by Aircraft Size
9.2.5.3.2 Italy Aircraft Conversion Market by Conversion Type
9.2.5.4 United Kingdom Aircraft Conversion Market
9.2.5.4.1 United Kingdom Aircraft Conversion Market by Aircraft Size
9.2.5.4.2 United Kingdom Aircraft Conversion Market by Conversion Type
9.2.5.5 Russia Aircraft Conversion Market
9.2.5.5.1 Russia Aircraft Conversion Market by Aircraft Size
9.2.5.5.2 Russia Aircraft Conversion Market by Conversion Type
9.2.5.6 Rest of Europe Aircraft Conversion Market
9.2.5.6.1 Rest of Europe Aircraft Conversion Market by Aircraft Size
9.2.5.6.2 Rest of Europe Aircraft Conversion Market by Conversion Type
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Aircraft Conversion Market Overview
9.3.2 Asia-Pacific Aircraft Conversion Market Forecasts and Analysis
9.3.3 Asia-Pacific Aircraft Conversion Market Forecasts and Analysis - By Aircraft Size
9.3.4 Asia-Pacific Aircraft Conversion Market Forecasts and Analysis - By Conversion Type
9.3.5 Asia-Pacific Aircraft Conversion Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Aircraft Conversion Market
9.3.5.1.1 Australia Aircraft Conversion Market by Aircraft Size
9.3.5.1.2 Australia Aircraft Conversion Market by Conversion Type
9.3.5.2 China Aircraft Conversion Market
9.3.5.2.1 China Aircraft Conversion Market by Aircraft Size
9.3.5.2.2 China Aircraft Conversion Market by Conversion Type
9.3.5.3 India Aircraft Conversion Market
9.3.5.3.1 India Aircraft Conversion Market by Aircraft Size
9.3.5.3.2 India Aircraft Conversion Market by Conversion Type
9.3.5.4 Japan Aircraft Conversion Market
9.3.5.4.1 Japan Aircraft Conversion Market by Aircraft Size
9.3.5.4.2 Japan Aircraft Conversion Market by Conversion Type
9.3.5.5 South Korea Aircraft Conversion Market
9.3.5.5.1 South Korea Aircraft Conversion Market by Aircraft Size
9.3.5.5.2 South Korea Aircraft Conversion Market by Conversion Type
9.3.5.6 Rest of Asia-Pacific Aircraft Conversion Market
9.3.5.6.1 Rest of Asia-Pacific Aircraft Conversion Market by Aircraft Size
9.3.5.6.2 Rest of Asia-Pacific Aircraft Conversion Market by Conversion Type
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Aircraft Conversion Market Overview
9.4.2 Middle East and Africa Aircraft Conversion Market Forecasts and Analysis
9.4.3 Middle East and Africa Aircraft Conversion Market Forecasts and Analysis - By Aircraft Size
9.4.4 Middle East and Africa Aircraft Conversion Market Forecasts and Analysis - By Conversion Type
9.4.5 Middle East and Africa Aircraft Conversion Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Aircraft Conversion Market
9.4.5.1.1 South Africa Aircraft Conversion Market by Aircraft Size
9.4.5.1.2 South Africa Aircraft Conversion Market by Conversion Type
9.4.5.2 Saudi Arabia Aircraft Conversion Market
9.4.5.2.1 Saudi Arabia Aircraft Conversion Market by Aircraft Size
9.4.5.2.2 Saudi Arabia Aircraft Conversion Market by Conversion Type
9.4.5.3 U.A.E Aircraft Conversion Market
9.4.5.3.1 U.A.E Aircraft Conversion Market by Aircraft Size
9.4.5.3.2 U.A.E Aircraft Conversion Market by Conversion Type
9.4.5.4 Rest of Middle East and Africa Aircraft Conversion Market
9.4.5.4.1 Rest of Middle East and Africa Aircraft Conversion Market by Aircraft Size
9.4.5.4.2 Rest of Middle East and Africa Aircraft Conversion Market by Conversion Type
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Aircraft Conversion Market Overview
9.5.2 South and Central America Aircraft Conversion Market Forecasts and Analysis
9.5.3 South and Central America Aircraft Conversion Market Forecasts and Analysis - By Aircraft Size
9.5.4 South and Central America Aircraft Conversion Market Forecasts and Analysis - By Conversion Type
9.5.5 South and Central America Aircraft Conversion Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Aircraft Conversion Market
9.5.5.1.1 Brazil Aircraft Conversion Market by Aircraft Size
9.5.5.1.2 Brazil Aircraft Conversion Market by Conversion Type
9.5.5.2 Argentina Aircraft Conversion Market
9.5.5.2.1 Argentina Aircraft Conversion Market by Aircraft Size
9.5.5.2.2 Argentina Aircraft Conversion Market by Conversion Type
9.5.5.3 Rest of South and Central America Aircraft Conversion Market
9.5.5.3.1 Rest of South and Central America Aircraft Conversion Market by Aircraft Size
9.5.5.3.2 Rest of South and Central America Aircraft Conversion Market by Conversion Type

10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

11. AIRCRAFT CONVERSION MARKET, KEY COMPANY PROFILES
11.1. AERONAUTICAL ENGINEERS, INC.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. ISRAELI AEROSPACE INDUSTRIES
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. BOEING
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. ELBE FLUGZEUGWERKE GMBH
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. AIRBORNE MAINTENANCE AND ENGINEERING SERVICES
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. PRECISION AIRCRAFT SOLUTIONS
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. ST ENGINEERING
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. KELOWNA FLIGHTCRAFT
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. KUEHNE+NAGEL
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. CASCADE AEROSPACE INC.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments

12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies

1.Aeronautical Engineers, Inc.
2.Israeli Aerospace Industries
3.Boeing
4.ELBE FLUGZEUGWERKE GMBH
5.Airborne Maintenance and Engineering Services
6.Precision Aircraft Solutions
7.ST Engineering
8.KELOWNA FLIGHTCRAFT
9.Kuehne+Nagel
10.Cascade Aerospace Inc.
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