Aircraft MRO Market Research Report – Global Forecast to 2023
Global Aircraft MRO Market Information Report by MRO Type (Engine, Component, Line Maintenance, Airframe, and Modifications), By Aircraft type (Narrow-body, Wide-body, and Others), By Application (Commercial Air Transport, Business and General Aviation, and Military Aviation) and by Region (North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America) - Forecast to 2023 Global Aircraft MRO Market – Overview Market Research Future published a half cooked research report on “Global Aircraft MRO Market Research Report- Forecast to 2021” – Market Analysis, Scope, Stake, Progress, Trends and Forecast up to 2021. According to the recent study report – “Global Aircraft MRO Market” published by Market Research Future, Aircraft MRO Market will witness a steady growth registering a CAGR of 2% globally, during the forecast period 2016 – 2021. The factors driving the demand are additive manufacturing used in aircraft parts, ageing fleets & replacement opportunities, air traffic volume, and outsourcing for aircraft maintenance, states the MRFR Research Analyst while commenting upon this deep diving study report, presented through more than 100 market data tables and figures and widely spread over 103 pages. While enlightening us upon the factor restraining the market growth, the MRFR Research Analyst continues, the higher replacement cost due to usage of composites and smart electronics, technological advancement in aircraft design, and environmental hazards are some of the factors hindering with the market growth of Aircraft MRO market globally. Global Aircraft MRO Market – Key Players The highly competitive by nature, the global Aircraft MRO Market is equally high on vendors resist based too in terms of cost, product quality, reliability, and aftermarket service. Vendors are offering cost-effective, high-quality, and innovative solutions integrated with the latest technologies and materials to sustain themselves in the intensely competitive scenario, Airbus Group and HAECO are the two key players in the market, who compete in terms of availability, price, quality, and technology. These vendors predominantly focus on new programs for new clients and updating the aircraft with high-speed technologies and robust systems. The market is anticipated to witness mergers, acquisitions, and increased collaboration with partners around the world during the forecast period. Aircraft MRO Market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including Some of the key players in the Global Aircraft MRO Market primarily include Airbus Group, HAECO, Honeywell International, Lockheed Martin, ST Aerospace, Air Works, Jet Maintenance Solutions,.
Other prominent key players identified by the MRFR Team of Research Analysts include GMF Aero Asia, and Lufthansa Technik. In 2016, Airbus Group, Air France KLM Engineering & Maintenance, Lufthansa Technik, and ST Aerospace accounted for over 35% of the global market. Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/1560 Global Aircraft MRO Market – Synopsis & Scenario The global MRO market is expected to grow with A CAGR of 2 %, during the forecast period 2016 – 2021. The current commercial air transport fleet consists of over 27K aircraft; over half are narrow body aircraft. The combination of strong air travel demand and the need to replace ageing aircraft will drive fleet growth at a healthy CAGR. Continued low fuel costs could reverse aircraft retirements trends. Modifications market will see the strongest growth (e.g. interiors, connectivity). Airframe market slows due to reduced man-hour intensity and increased check intervals as new fleets are introduced Aircraft MRO Market – Regional and Country Analysis As per the MRFR analysis, the EMEA region will continue its dominance in the forecast period valuing billions of USD, at a CAGR of 5%. Whereas, Americas will grow at a decent rate of CAGR and , APAC will grow at a CAGR of 2.5%, respectively during the forecast period. The Latin American MRO Supplier Landscape largely consists of airframe MRO suppliers, with limited component capabilities If you have any special requirements, please let us know and we will offer you the report as you want. For further information on this report, visit @ https://www.marketresearchfuture.com/reports/aircraft-mro-market Table of Content 1
Executive Summary
2
Introduction
2.1 Definition 2.2 Scope of the Study
2.3 Assumptions 2.4 Market Structure 2.5 Key Takeaways of the Market 3
Research Methodology
3.1 Research Process 3.2 Primary Research 3.3 Secondary Research 3.4 Market Size Estimation 3.5 Forecast Model 4
Market Dynamics
4.1 Market Dynamics 4.2
Drivers
4.2.1 Rapid Fleet Expansion 4.2.2 MRO Outsourcing 4.2.3 Increased Focus of OEMs on Aircraft MRO Service 4.3
Restraints
4.3.1 Environmental Hazards 4.3.2 Retirement of Maintenance-Intensive Aircraft 4.3.3 Development of Next-Generation Aircraft 4.4
Opportunities
4.4.1 IT Integration in MRO 4.4.2 Evolution of 3D printing 5
Market Factor Analysis 27
5.1 Porter's Five Forces Analysis 5.1.1 Threat of New Entrants 5.1.2 Bargaining Power of Suppliers
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