A Selection Guide for Aircraft Maintenance Tooling [PDF]
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 ...