Top Trends and Growth Aircraft Maintenance, Repair & Overhaul Industry

Aircraft maintenance, repair & overhaul is a procedure practiced by every commercial airliners, business jet owners and military forces across the globe. The periodic inspection, maintenance and modification of commercial as well military aircrafts are utmost important to the end users. In order to comply with the airworthiness directives and service bulletins, these procedures are carried out under the regulations set by different organization or authorities such as International Civil Aviation Organization (ICAO) and others. The market for aircraft maintenance, repair and overhaul is a matured market and is experiencing a significant growth rate over the years.

Download PDF Brochure, Click Here!



Top Dominating Key Players:

  2. AAR
  3. Barnes Group Inc
  4. Collins Aerospace
  5. Delta TechOps
  6. FLTechnics, UAB.
  7. GE Aviation
  8. Lufthansa Technik
  9. Rolls-Royce plc.
  10. Singapore Technologies Engineering Ltd
  11. Turkish Technic Inc.

Rising number of domestic as well as international air routes is demanding for more numbers of commercial aircrafts, leading the aircraft MRO service providers to increase their business, thereby driving the market in the current scenario. This trend is anticipated to boost the market in the forthcoming years. In addition, the rising military operations, drills, and interest for action ready, the military forces overhaul, repair and maintain their aircrafts at a periodic interval, catalyzing the market for aircraft maintenance, repair and overhaul to propel over the years. However, factors such as time taken for aircraft MRO, and high cost involved in carrying out the procedures are acting as a restraints to the market.

The increasing focus on environmental factors and emphasize on reduction of emission from the aircrafts from the governing organizations and authorities is compelling the commercial airliners and military forces to conduct the MRO process in large numbers, thereby this trend is anticipated to pave the path for aircraft maintenance, repair and overhaul market in the coming years.

Get sample PDF Brochure @ Click Here

The report aims to provide an overview of global aircraft maintenance, repair & overhaul market with detailed market segmentation by components, aircraft types, end users and geography. The global aircraft maintenance, repair & overhaul market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.

Comments

Post a Comment

Popular posts from this blog

The Complete PDF Guide to Aircraft Line Maintenance

Image
Aircraft line maintenance is the repair, inspection or modification of an Aircraft. Inspection of an aircraft is done by predetermined schedules. Line and base maintenance are the ways which help in inspection of the aircraft where base maintenance includes activities which require the aircraft to be taken out of service for longer periods whereas line maintenance activities are mostly carried out during normal turn around periods. Get PDF Brochure, Click Here! Increasing adoption of Internet of Things (IoT) and Artificial Intelligence (AI) Continuous innovation in technology to enhance service. Market Segmentation : Based on Service, the global aircraft line maintenance market is segmented into Component Replacement and Rigging Service, Defect Rectification Service, Aircraft on Ground (AOG) Service, Engine and APU Service, and Line Station Setup and Management Service On the basis of Aircraft Type, the market is segmented into Narrow Body Aircraft, Wide Body Aircraft, Very Large Body ...
Read more

A Selection Guide for Aircraft Maintenance Tooling [PDF]

Image
The aircraft maintenance tooling market was valued at US$ 3,177.70 million in 2019 and is projected to reach US$ 4,340.71 million by 2027; it is expected to grow at a CAGR of 4.1% from 2020 to 2027. The aircraft manufacturing industry across the globe is witnessing huge growth owing to the mounting demand for commercial aircraft. Growing population and mounting disposable incomes in developing countries, including India, are significant factors driving the demand for various aircraft types. Get PDF Brochure, Click Here! Several engine development programs are being adopted, owing to the mounting spending toward aircraft modernization, norms and regulations, and environmental concerns for the retirement of older fleets. Most of the engine manufacturers are robustly focusing on the development of economical and efficient engines for new aircraft fleets. The procurement of advanced aircraft parts is expected to double in the next few years, which is driving the retirement of older planes ...
Read more