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Dassault Aviation stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news.
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The size of the Aircraft Refurbishing Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of XXX% during the forecast period. Aircraft refurbishing is the process of restoring, upgrading, or modifying an aircraft to improve its functionality, appearance, and overall performance. This process may include tasks like repainting the exterior, replacing or refurbishing interior components such as seats, carpets, and cabinetry, updating avionics and other electronic systems, and enhancing comfort or safety features. Refurbishing can be performed on both commercial and private aircraft, and is often done to meet changing regulations, increase resale value, extend the aircraft's lifespan, or provide a more luxurious experience for passengers. It is a complex task that requires skilled professionals in various disciplines, including engineering, design, and materials technology. This growth is primarily driven by the increasing demand for aircraft refurbishment services due to the aging aircraft fleet and the need to enhance passenger comfort and experience. Additionally, government regulations mandating aircraft maintenance and safety inspections contribute to the market growth. Technological advancements in aircraft design and materials, along with rising disposable income, further fuel the demand for aircraft refurbishment. Recent developments include: In December 2023, Dassault Systèmes recently revealed that Dassault Aviation has expanded its utilization of the 3DEXPERIENCE platform on a dedicated cloud infrastructure to enhance the maintenance, repair, and overhaul processes for its fleet of Rafale aircraft, serving the French Ministry of Armed Forces., In November 2023, JETMS Completions, a company specializing in aircraft interior and exterior finishing, is set to launch a cabin refurbishment and overhaul initiative for the incoming fleet of Airbus A380 aircraft belonging to the UK-based start-up carrier, Global Airlines..
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Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Dassault Aviation stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news.