Aircraft Maintenance, Repair and Overhaul: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024
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Aircraft Maintenance, Repair and Overhaul: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024
Introduction Report Description The report on global aircraft maintenance, repair and overhaul market is an in services analysis of the segments and sub-segments in the aircraft maintenance, repair and overhaul market. The report provides analysis for the global as well as regional markets over the period of 2016 to 2024. According to report the global aircraft maintenance, repair and Overhaulmarketis expected to grow at a CAGR of 3.8% over the forecast period of 2018 2024. Commercial aircraft maintenance, repair and overhaul (MRO) is an essential requirement to ensure that aircraft are maintained in pre-determined conditions of airworthiness to safely transport passengers and cargo. Time between overhaul is the manufacturer's recommended number of running hours or calendar time before an aircraft engine or other component requires overhaul.The maintenance of aircraft is highly regulated, in order to ensure safe and correct functioning during flight.The maintenance tasks, personnel and inspections are all tightly regulated and staff must be licensed for the tasks they carry out.Aircraft maintenance is highly regulated, because the smallest slip can lead to an aircraft crashing with consequent loss of life. This report estimates the market size of aircraft maintenance, repair and overhaul market in terms of value (USD million) over the period of 2016 to 2024.The year 2016 is considered to be a base year, and 2018 to 2024 is considered to be a forecast period. This market research study provides detailed qualitative and quantitative analysis of the global aircraft maintenance, repair and overhaul market. Additionally, the report provides a comprehensive review of the major market drivers, restraints, opportunities in the global as well as regional markets of aircraft maintenance, repair and overhaul market. The market Š Infinium Global Research
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Aircraft Maintenance, Repair and Overhaul: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024
analysis covers major geographic regions, such as North America, Europe, Asia-Pacific and Rest of the World (RoW). The market size and forecasts are also given for these regions. Countries with major market revenues are covered for each of the region. Furthermore, this report provides insights into the market using analytical tools such as Porter’s five forces analysis and DRO analysis of aircraft maintenance, repair and overhaul market. Moreover, the study highlights current market trends and provides forecast from 2017 to 2024. We also have highlighted future trends in the global aircraft maintenance, repair and overhaul market that will impact the demand during the forecast period. The IGR- Growth Matrix analysis provided in this report highlights key investing markets in the world. This report will help manufacturers, suppliers and distributors to understand the present and future trends in this market and formulate their strategies accordingly.
AIRCRAFT MAINTENANCE, REPAIR AND OVERHAUL MARKET SEGMENTATION AIRCRAFT MAINTENANCE, REPAIR AND OVERHAUL MARKET
Segments
Engine Line Base Component
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Line Maintenance Services Engineering Services Technical Training Inventory Management Freight Conversions Others
Region
Aircraft Type
Services
Narrow Body Aircraft Wide Body Aircraft Very Large Body Aircraft Regional Aircraft
North America Europe Asia Pacific RoW
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Aircraft Maintenance, Repair and Overhaul: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024
The report segments the aircraft maintenance, repair and overhaulmarketby Segmentss, by Services, by Aircraft Type, and by Region. On the basis of by segments the global aircraft maintenance, repair and overhaul market is categorized into engine, line, base and component. On the basis of by services the global aircraft maintenance, repair and overhaul market is categorized into line maintenance services, engineering services, technical training, inventory management, freight conversions and others. On the basis of by aircraft type the global aircraft maintenance, repair and overhaul market is categorized into narrow body aircraft, wide body aircraft, very large body aircraft and regional aircraft. Research Methodology Infinium Global Research published reports are based on extensive primary and secondary research methods. The research begins with extensive exploration through secondary Segmentss followed by primary research. With these research methods we were able to estimate the market size of the aircraft maintenance, repair and overhaul market, to identify the factors that promote the growth in this market as well as the factors that hamper the growth in the market. Comprehensive primary and secondary methods helped us to identify the trends in the market and to project the opportunities that the key players may get in the coming days. Research Methodology: An Outline Primary source of the information and data include Industry Experts/consultants Top level executives in the key market players Subject matter experts Academicians and research scholars
PRIMARY RESEARCH
Secondary sources of the information and data include Company annual reports Government/institutional publications Trade and associations journals Databases Websites and publications by research agencies Others
SECONDARY RESEARCH
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Aircraft Maintenance, Repair and Overhaul: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024
Research Approaches RESEARCH APPROACHES- BOTTOM UP BOTTOM-UP APPROACH
Arriving at Global Market Size
Accumulation of the country level market size (value) Regional market size of aircraft maintenance, repair and overhaul market its segments, services and aircraft type
Market Share of Key Players
Segment revenue of the key players Country level market size by segments, services and aircraft type
Key Market Players
Identifying key players in the aircraft maintenance, repair and overhaul market
Arriving at Regional/Country Market Size
Accumulation of the regional/country market size (value) Global market size of segments, services and aircraft type
RESEARCH APPROACHES- TOP-DOWN
Global Market
Market Segments
Determine the Regional Market Size
Country Level Market Sizing
Global market size of aircraft maintenance, repair and overhaul market Value for 2018 to 2024
% breakdown by market segments by segments, services and aircraft type Value for 2018 and 2024
Regional market size of the aircraft maintenance, repair and overhaul market (value) Regional market size of segments, services and aircraft type Country level market size of aircraft maintenance, repair and overhaul market in every region (value) Country level market size of segments, services and aircraft type in every region
TOP-DOWN APPROACH © Infinium Global Research
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Aircraft Maintenance, Repair and Overhaul: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024
The study on global aircraft maintenance, repair and overhaul market provides deep insights into the trends and opportunities in the market for the forecast period 2018 to 2024. Moreover, the market estimates are provided in terms of revenue in USD million. Furthermore, the research covers the analysis of the various segments in the global aircraft maintenance, repair and overhaul market. The estimates in the global aircraft maintenance, repair and overhaulmarket are based on both bottom-up and top-down approaches. In the bottom-up approach the revenues of the key players are determined and added to arrive at country or regional markets size. The country market sizes added to arrive at the regional market size. Further, the market size of the regions is added to arrive at the global market sizeof aircraft maintenance, repair and overhaul market. In the top-down approach the global market size is estimated based on the secondary research and historic data. Using this approach the regional market size is obtained by splitting the global number by percentage share of each region such as North America, Europe, Asia-Pacific and RoW. The regional market was then divided as per the market share of the application, and Segmentss. IGR- RESEARCH METHOD AND DATA TRIANGULATION
Infinium's Data Bank/ Know How
Top executives of service industries Intermediaries
C-level executives in the leading manufacturing products of aircraft maintenance, repair and overhaul market . Product managers Sales managers Industry consultants Distributors/Suppliers
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Primary Research
Industry Publications Government Agencies' Publications Industry news Data source Others
Annual Reports Presentations Company Websites Press Releases News Articles Journals Paid Databases
Secondary Research
DATA TRIANGULATION & INFORMATION SOURCES
Company Publication
Supply Side
SECONDARY SOURCES
General Publications
Demand Side
PRIMARY SOURCES
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Aircraft Maintenance, Repair and Overhaul: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024
The market size of aircraft maintenance, repair and overhaulmarketis determined based on the top down approach. The market size is validated using primary interview with the participants working in some of the leading players in the aircraft maintenance, repair and overhaulmarket. The primary interview participants typically includes managers and CXO level executives of the leading players in this market. The primary interviews not only help identify the market size of the aircraft maintenance, repair and overhaul market but also identify the factors that promote the growth in the market and the factors that restrain the growth in this market. The views of primary respondents were reconciled to provide qualitative analysis of the aircraft maintenance, repair and overhaulmarket. The primary respondents also help identifying top 5-10 players and their possible market share in the respective country markets and in world market. The bottom-up approach is used to validate the global market size of telemedicine. With the help of primary interviews and secondary research the market size of aircraft maintenance, repair and overhaul is determined for each country studied, which then is added to arrive at the regional market size and thereby obtaining global market size. This in turn helps us to validate the market size of aircraft maintenance, repair and overhaulin the world market. ExecutiveSummary Global Aircraft Maintenance, Repair and Overhaul Market Highlights, (USD Million) The global aircraft maintenance, repair and overhaul market is expected to grow at a CAGR of 3.8 % between 2018 and 2024 in terms of value.Growing commercial Aircraft navy has primarily driven the aircraft maintenance repair and overhaul market. Moreover, the aircraft retirements have also been decreased due to increasing age of aircrafts. The main reason behind doing this is due to the current aircrafts being continuously upgraded to include latest technologies through MRO services before being retired for scrap and fighter planes. This is another factor driving the growth of aircraft maintenance repair and overhaul market. Time constraints, high maintenance cost, limited number of service stations and skilled expertise are some of the restraining factors that affect the growth of market. Government bodies are continuously formulating strict rules and regulations affecting emission levels of aircraft below the set standards which in turn is the key Š Infinium Global Research
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Aircraft Maintenance, Repair and Overhaul: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024
opportunity for the players in the aircraft maintenance repair and overhaul market.The report provides profiles of the companies in the global aircraft maintenance, repair and overhaul market such asAAR Corporation, Turkish Technik AG, Sabena Technics, Aviation Technical Servics, Delta TechOps (Delta CorporationLtd), Singapore Technologies Aerospace Ltd, Air France Industries, Aeroman, United Technologies Corporation and Mexicana MRO services. Global Aircraft Maintenance, Repair and Overhaul Market Projection GLOBAL AIRCRAFT MAINTENANCE, REPAIR AND OVERHAUL MARKET, 2016 – 2024 (USD MILLION)
2016
2017
2018
2019
2020
2021
2022
2023
2024
Value
Aircraft maintenance, repair and overhaulmarket is expected to experience rapid growth globally. The aircraft retirements have also been decreased due to increasing age of aircrafts. The main reason behind doing this is due to the current aircrafts being continuously upgraded to include latest technologies through MRO services before being retired for scrap and fighter planes. However, the market size in terms of value is expected to grow due to the use of aircraft maintenance, repair and overhaul. For More Details Get Free Sample Pages of this Premium Report: https://www.infiniumglobalresearch.com/reports/sample-request/1143 Š Infinium Global Research
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Aircraft Maintenance, Repair and Overhaul: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024
GLOBAL AIRCRAFT MAINTENANCE, REPAIR AND OVERHAUL MARKET, CAGR (USD MN) GROWTH BY REGIONS (2018 – 2024)
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2016 – 2024. The report provides regional analysis covering geographies such as North America, Europe, Asia Pacific, and Rest of the World (RoW). China was the leading market for Aircraft Maintenance, Repair and Overhaulglobally, with market share. The growth in the countries covered in the North America region include the U.S., Canada, and Mexico. North America accounts for the largest sharedue to the shale gas activities. Europe is the second largest market and is anticipated to dominate the global Aircraft Maintenance, Repair and Overhaulmarketover the forecast period. Increase in demand for energy in Asia Pacific, especially in China and India, is anticipated to propel the demand for Aircraft Maintenance, Repair and OverhaulsMoreover, the market of North America is anticipated to grow at a highest CAGR of xx.x% over the forecast period of 2018 to 2024. Market Overview & Competitiveness DRO Analysis DRO stands for drivers, restraints and opportunities. The DRO analysis involves, identifying the factors that are likely to have impact on the global aircraft maintenance, repair and © Infinium Global Research
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Aircraft Maintenance, Repair and Overhaul: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024
overhaul market. It covers analysis of short term and long term impact of drivers and restraints. Through this analysis both short term and long term opportunities are identified. These opportunities present the investment options and new markets for the market players in the aircraft maintenance, repair and overhaul market. Drivers refer to the factors that are expected to drive or boost the market size or demand for aircraft maintenance, repair and overhaul. The analysis involves identification of both demand side and supply side factors that drive the demand as well as environmental factor that favor the market conditions for growth of aircraft maintenance, repair and overhaul market both in short run and long run. DRIVERS OF AIRCRAFT MAINTENANCE, REPAIR AND OVERHAUL MARKET, IMPACT ANALYSIS
SHORT TERM IMPACT
DRIVERS
MID TERM IMPACT
LONG TERM IMPACT
Driver 1 Driver 2 Driver 3
HIGH
MEDIUM
LOW
RESTRAINTS OF AIRCRAFT MAINTENANCE, REPAIR AND OVERHAUL MARKET, IMPACT ANALYSIS SHORT TERM IMPACT
RESTRAINTS
MID TERM IMPACT
LONG TERM IMPACT
Restraint 1
Restraint 2
HIGH
MEDIUM
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LOW
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Aircraft Maintenance, Repair and Overhaul: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024
IGR- Growth Matrix Analysis Growth matrix developed by Infinium Global Research, also known as IGR-Growth Matrix helps understand the market situation of the business segments. It helps identify the most attractive segment for the investment purpose and helps the companies to make better decisions in strategy making. The IGR- Growth Matrix presents the zones that define the position of the product segment and Services segment or region based on the market size, growth anticipated and the growth factors & historic growth. Following are the zones that IGR- Growth Matrix considers Risky Zone: Low market size and low growth rate. Investment in this segment is risky Retention Zone: High market size and low growth rate, the companies operating in this segment should retain their investments in this segment. Companies may focus on extensive marketing and advertisements Consolidation zone: High growth rate and high market size, the companies operating in the segments that have high market size and high growth should focus on consolidating their market position in these segment. Mergers and acquisitions, extensive marketing programs, and new product developments can be used as marketing strategies to consolidate the market in these segments. Opportunity Zone: High growth low market size Safe Zone: Moderate growth and moderate market size. IGR- GROWTH MATRIX ANALYSIS Growth Rate
Opportunity Zone
Consolidation Zone
High
Low
Risky Zone
Retention Zone Market Size Low
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High North America
Europe
Asia-Pacific
RoW
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Aircraft Maintenance, Repair and Overhaul: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024
Global Aircraft Maintenance, Repair and Overhaul Market, By Segments GLOBAL AIRCRAFT MAINTENANCE, REPAIR AND OVERHAUL MARKET BY SEGMENTS, 2017 2024 (% SHARE) 2017
2024 Engine
Line
Base
Component
GLOBAL AIRCRAFT MAINTENANCE, REPAIR AND OVERHAUL MARKET BY SEGMENTS, 2016 2024 (USD MILLION)
2016
2017 Engine
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2018 Line
Base
2024
Component
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Aircraft Maintenance, Repair and Overhaul: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024
GLOBAL ENGINE BY REGIONS, 2016 - 2024 (USD MILLION)
2016
2017 North America
2018 Europe
Asia-Pacific
2024 RoW
GLOBALLINE BY REGIONS, 2016 - 2024 (USD MILLION)
2016
2017 North America
2018 Europe
Asia-Pacific
2024 RoW
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Aircraft Maintenance, Repair and Overhaul: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024
GLOBAL BASE BY REGIONS, 2016 - 2024 (USD MILLION)
2016
2017 North America
2018 Europe
Asia-Pacific
2024 RoW
GLOBAL COMPONENT BY REGIONS, 2016 - 2024 (USD MILLION)
2016
2017 North America
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2018 Europe
Asia-Pacific
2024 RoW
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Aircraft Maintenance, Repair and Overhaul: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024
Global Aircraft Maintenance, Repair and Overhaul Market, By Region GLOBAL AIRCRAFT MAINTENANCE, REPAIR AND OVERHAUL MARKET BY REGION, 2017 2024 (% SHARE)
2017
2024
North America Europe Asia-Pacific RoW
GLOBAL AIRCRAFT MAINTENANCE, REPAIR AND OVERHAUL MARKET BY REGION, 2016 2024 (USD MILLION)
2016
2017 North America
2018 Europe
Asia-Pacific
2024 RoW
Browse Detailed Description, TOC and Key Players Mentioned in this Report @ https://www.infiniumglobalresearch.com/automotive/global-aircraft-maintenancerepair-and-overhaul-market © Infinium Global Research
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Aircraft Maintenance, Repair and Overhaul: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024
North AmericaAircraft Maintenance, Repair and Overhaul Market NORTH AMERICAAIRCRAFT MAINTENANCE, REPAIR AND OVERHAUL MARKET BY SEGMENTS, 2016- 2024(USD MILLION)
2016
2017 Engine
2018 Line
Base
2024
Component
Company Profiling Aar Corporation Company Snapshot Aar Corporation CONTACT DETAILS: Address: One AAR Place 1100 North Wood Dale Road Wood Dale, IL 60191 United States Tele : 630-227-2000 Website: www.aarcorp.com
KEY FEATURES: No. of Employees: xx No. of countries of operation: xx
SWOT ANALYSIS: STRENGHTS
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WEAKNESS
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THREATS
OPPORTUNITIES
PRODUCT PORTFOLIO: Product 1 Product 2 Product 3
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