Aircraft MRO Market Business Opportunities, Current Trends, Challenges & Industry Analysis by 2018-2023
The Research begins with the Overview of Global Aircraft MRO Market Analysing Industrial Chain, Sourcing Strategy and Downstream Buyers. The Research also provide Information about Manufacturers, Market Competition, Cost, and Market Effect Factors with Market Forecast (2018-2023). This enables the buyer of the report to gain a telescopic view of the competitive landscape and plan the strategies accordingly.
Over the next five years, Aircraft MRO will register a 3.7% CAGR in terms of revenue, reach US$ 146100 million by 2023, from US$ 117700 million in 2017.
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Aircraft MRO is the description of maintenance repair and overhaul to aircraft, maintenance, repair and overhaul (MRO) is a key activity in the lifecycle of aircraft. Because of the typically long operational lifetimes expected from these costly assets, MRO is necessary to maintain these systems in a safe and functional condition, so that they can fulfill the operational role that they were designed for
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Lufthansa Technik
GE Aviation
AFI KLM E&M
ST Aerospace
MTU Maintenance
AAR Corp.
Rolls-Royce
SR Technics
SIA Engineering
Delta TechOps
Haeco…And More
These companies tend to compete against each other globally to supply most of the largest aircraft MRO markets. In many markets, these leading global firms also face competition from local players.
The market size of aircraft MRO is related to downstream demand and global economy. As there will always be some uncertainties in the global economy in the following years, the growth rate of aircraft MRO market might not keep that fast. But it is surely forecasted that the market of aircraft is still promising.
The global aircraft MRO industry markets mainly concentrate in North America, Europe and China, Singapore and Korea. North America's revenue accounted for the highest market share (41%) in 2017, followed by Europe.
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Despite the presence of competition and brand effect problems, due to the awareness of end-users and their demand for high end products, investors are still optimistic about this area. There will be more new investors entering into this industry in the future. The manufacturers who want to occupy the market must depend on market mechanism reform, core technology improvement, manufacturing equipment innovation, and brand establishment.
Segmentation by product type:
Engine Maintenance
Components Maintenance
Line Maintenance Modification
Segmentation by application:
Commercial
Military
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This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia…And More
TABLES AND FIGURES
1 Scope of the Report
2 Executive Summary
3 Global Aircraft MRO Products by Players
4 Aircraft MRO Products by Regions
Toc Continued…!
List of Tables and Figures
Table Product Specifications of Aircraft MRO
Figure Aircraft MRO Report Years Considered
Figure Market Research Methodology
Figure Global Aircraft MRO Market Size Growth Rate 2013-2023 ($ Millions)
Table Aircraft MRO Market Size CAGR by Region 2013-2023 ($ Millions)
Table Major Players of Engine Maintenance
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
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