Aircraft Airframe MRO Market 2019: Size, Share, Trends, Corporate Financial Plan, Business Competitors, Manufacturers, Supply and Revenue with Regional Trends By Forecast 2023

March 21 23:59 2020
Aircraft Airframe MRO Market 2019: Size, Share, Trends, Corporate Financial Plan, Business Competitors, Manufacturers, Supply and Revenue with Regional Trends By Forecast 2023

Aircraft Airframe MRO Market
Global Aircraft Airframe MRO Market Research Report Covers Historical Market Trends, Current Market Dynamics, Market Valuation by Segmentation as Well as Region, Country-level Analysis for Every Segment, Key Player’s Market Share Analysis, Competitive Landscape and Supply Chain Analysis.

The global aircraft airframe MRO (Maintenance, Repair, Overhaul) market is predicted to have a healthy growth at a 4% CAGR over the forecast period (2017-2023), reveals the latest Market Research Future (MRFR) report. Airline airframe MRO is a complex process that includes upgrade and repair of aircraft. It includes all the maintenance activities that are needed to ensure the airworthiness and safety of every aircraft by international standards. Aircraft airframe MRO service providers offer services for all kinds of aircraft, including old and new fleets, wide-body aircraft, narrow body aircraft, turboprop aircraft, regional jets, and others.

Various factors are pushing the growth of the aircraft airframe MRO market. These factors, in accordance to the Market Research Future (MRFR) report, include the increasing outsourcing of airframe MRO, rapid fleet expansion, and government initiatives to support MRO. Additional factors pushing the market growth include increasing disposable income, improving tourism sector, and increased need for correct maintenance of engines and components.

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Different holistic approaches are being undertaken by governments to ensure adequate space is allocated mandatorily at different airports for MRO. Various airports have announced improvement processes to improve efficiency, and some are using the latest technological systems for additional upgrades as well as to prepare for the higher data needs of next-generation aircraft. This will boost the market growth.

On the contrary, the long duration needed to carry out MRO activities, scarcity of trained MRO technicians, and higher costs of MRO operations are factors that may deter the aircraft airframe MRO market growth over the forecast period.

Key Players

Leading players profiled in the Aircraft Airframe MRO Market report include Sabena Technics (France), Aviation Technical Services (U.S.), Evergreen Aviation Technologies (EGAT) (Taiwan), Turkish Technic Inc. (Turkey), GAMECO (China) Lufthansa Technik AG (Germany), AAR Corp. (U.S.), HAECO (Hong Kong), Singapore Technologies Aerospace (Singapore), and Air France KLM Engineering & Maintenance (France).

May 2019- Air India is seeking to upgrade/expand its MRO operations in Hyderabad to serve an extensive range of aircraft and at the same time work towards EASA 145 certification.

Market Segmentation

The Market Research Future report offers a wide segmental analysis of the aircraft airframe MRO market based on airframe parts, aircraft type, and application.

Based on airframe parts, the aircraft airframe MRO market is segmented into elevator, doors, windows and windshields, wing, and fuselage.

Based on aircraft type, the aircraft airframe MRO market is segmented into wide-body, narrow-body, and others. Of these, the wide-body type will have the largest share in the market over the forecast period.

Based on application, the aircraft airframe MRO market is segmented into military aviation, business and general aviation, and commercial air transport.

Regional Analysis

Based on the region, the aircraft airframe MRO market report covers growth opportunities and the latest trends across Europe, North America, Asia Pacific, and the Middle East and Africa. Of these, North America will have the upper hand in the market over the forecast period. This is owing to the presence of some key players such as Aviation Technical Services, and AAR Corp., along with some emerging/prominent companies such as Flightstar, Mexicana MRO, and Aeroman.

The aircraft airframe MRO market in the Asia Pacific region is predicted to grow at the fastest pace over the forecast period. This is owing to the presence of many key players such as GAMECO, ST Aerospace, and HAECO. The region is emerging strongly in the long-haul international market, and various airline operators such as Air Asia, Tigerair Australia, and Tigerair Singapore have been entering into service over the years. China, Japan, and India are the most important country-specific markets in this region.

The aircraft airframe MRO market in the European region is predicted to have a favorable growth over the forecast period. This is owing to steady technological advancement, the presence of several key market players, and high density of population. The UK, Spain, Germany, and France are the key contributors in this region.

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Scope of Report

The report for Global Aircraft Airframe MRO Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

List of Tables

Table 1 Global Aircraft Airframe Mro Market, by Airframe Parts
Table 2 Global Aircraft Airframe Mro Market, by Aircraft Type
Table 3 Global Aircraft Airframe Mro Market, by Application
Table 4 Global Aircraft Airframe Mro Market, by Regions
Table 5 North America Aircraft Airframe Mro Market, by Airframe Parts
Table 6 North America Aircraft Airframe Mro Market, by Aircraft Type
Table 7 North America Aircraft Airframe Mro Market, by Application
Table 8 U.s. Aircraft Airframe Mro Market, by Airframe Parts
Table 9 U.s. Aircraft Airframe Mro Market, by Aircraft Type
Table 10 U.s. Aircraft Airframe Mro Market, by Application

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List of Figures

Figure 1 Research Methodology
Figure 2 Global Aircraft Airframe Mro Market: by Airframe Parts (%)
Figure 3 Global Aircraft Airframe Mro Market: by Aircraft Type (%)
Figure 4 Global Aircraft Airframe Mro Market: by Application (%)
Figure 5 Global Aircraft Airframe Mro Market: by Region
Figure 6 North America Aircraft Airframe Mro Market, by Airframe Parts (%)
Figure 7 North America Aircraft Airframe Mro Market, by Aircraft Type (%)
Figure 8 North America Aircraft Airframe Mro Market, by Application (%)
Figure 9 Europe Aircraft Airframe Mro Market, by Airframe Parts (%)
Figure 10 Europe Aircraft Airframe Mro Market, by Aircraft Type (%)

Continued………

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