Aircraft Heavy Maintenance Visits Market Global Analysis By AAR, Air France KLM, Airbus, Barnes Aerospace, Delta TechOps, Honeywell, Lufthansa Technik and ST Aerospace

Aircraft Heavy Maintenance Visits (HMV) Market Report Information by Type (Airframe HMV, Engine HMV, Other Component HMV), by Aircraft Type (Fixed Wing (Wide-body, Narrow-body), & Rotary Wing), Platform (Commercial & Cargo) & by Region-Forecast Till 2023

Aircraft heavy maintenance visits (HMV) are the periodic inspections carried out on all commercial/civil airplanes after a certain amount of time or usage. In case of military aircraft, specific maintenance schedule is followed, which may or may not be similar to those of commercial/civil operators.

Aircraft Heavy Maintenance Visits Market is estimated to witness a CAGR of 6% through 2023

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Key Players

The key players in aircraft heavy maintenance visits market are AAR (U.S.), Air France KLM (France), Airbus S.A.S (France), Barnes Aerospace (U.S.), Delta TechOps (U.S.), EGAT (Taiwan), Honeywell International (U.S.), Lufthansa Technik AG (Germany), ST Aerospace (Singapore), and Turkish Technic, Inc. (Turkey).

Scope of the Report

This study provides an overview of the global aircraft heavy maintenance visits market, tracking three market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia Pacific (APAC), Middle East and Africa, Latin America. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global aircraft heavy maintenance visits market by its Type, Aircraft type, Platform, and Region.

By Type
• Airframe HMV - Fuselage, Empennage, Wing and Others
• Engine HMV - Turbojet, Turboprop, Turbofan, Auxiliary Power Unit and Others
• Other Component HMV - Avionics, Mechanical and Others

By Platform
• Commercial
• Cargo
• By Aircraft Type
• Fixed Wing - Wide-body aircraft and Narrow-body aircraft
• Narrow Body

By Regions
• America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America

Market Highlights

On the basis of type, the aircraft HMV market has been segmented into airframe HMV, engine HMV, and component HMV. Airframe maintenance is carried out at a lower unit cost. Low-cost maintenance is possible because of the increased usage of lightweight fiber materials and hybrid alloys in the new-generation aircraft. This provides better fatigue and erosion resistance than the materials that were used in the conventional aircraft. As a result, there is a lesser failure rate and lower wear and tear, which minimizes the requirement for the airframe maintenance.

In the engine HMV segment, advancements in engine technologies have led to the development of more fuel-efficient engines, which can operate at greater temperatures and high stresses. Such engines require highly skilled maintenance service providers to carry out maintenance on the advanced and complex engines parts. The complexity of the maintenance increases the cost associated with it. Engine maintenance visits are performed on a scheduled basis, which includes repair, maintenance, inspection, and preventive maintenance to restore the performance of the engine. Engine maintenance is often divided into floor visit overhaul work and Life-Limited Parts (LLP) maintenance work. In these maintenance visits, the engine is detached from the aircraft for a period and after maintenance, the engine is assembled to the aircraft, which results in high maintenance costs. Due to these reasons, the engine HMV market segment will contribute the largest share and will have a moderate rate of growth, during the forecast period.

Concurrently, the turboprop engines are expected to drop in fleet size and market share. It is expected that, there will be a decrease in the number of turboprop-powered aircraft, during the forecast period. Therefore, the HMV market for turboprop-powered aircraft will witness a slower growth as compared to the other aircraft.

The North American region headed the global aircraft HMV market, while the other regions had moderate shares, in 2017. Due to the increasing passenger demand in Asia Pacific, the aircraft traffic in the region is expected to grow exponentially, in the next few years. It is also expected that Asia will operate nearly 40% of the total global aircraft fleet by the end of the forecast period. As a result, it is expected that the Asia Pacific region would witness the fastest growth, during the forecast period.

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Table Of Contents

1 Executive Summary

2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model

3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis

Continues..

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