Press release
Engine MRO Market in Aircraft 2018 Industry Global Key Leaders: GE Aviation, Rolls-Royce, Safran Aircraft Engines, Air France Industries KLM Engineering & Maintenance, MTU Aero Engines
Air travel in emerging countries is growing, thus increasing the demand for aircraft engine MRO service providers. Many new MRO service centres have been setup in such countries in recent years. This increases the participation of regional companies (tier-II or tier-III suppliers) in the field of aircraft engine MRO. Development of next-generation engines is major factor driving the growth of the market. The leading edge aviation propulsion (LEAP) engine, is the most fuel-efficient engine available in the market, and had received more than USD 100 billion in orders by 2015, which has propelled the market for aircraft engines. Additionally, need for proper maintenance of engines & engine components, is also driving the growth of the aircraft engines MRO market. However, environmental Hazards is the factor that may hamper the growth of the market.
The global aircraft engine MRO market is expected to grow at 6.43% CAGR during the forecast period
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Key Players
The key players of global aircraft engines MRO market are GE Aviation (U.S.), Rolls-Royce (U.K.), Pratt & Whitney (U.S.), Lufthansa Technik (Germany), Safran Aircraft Engines (Paris), SIA Engineering Company (Singapore), Air France Industries KLM Engineering & Maintenance (France), MTU Aero Engines (Germany), ST Aerospace (Singapore) and Delta TechOps (U.S.).
Target Audience
Manufacturing Organizations
Distributors & Suppliers
Research Institute / Education Institute
Potential Investors
Product Analysis
Product matrix which gives a detailed comparison of the market for different recycled product types
Additional Information
Regulatory Landscape
Pricing Analysis
Macroeconomic Indicators
Regional Analysis
Geographically, the global aircraft engine MRO market is segmented into five major regions such as North America, South America, Asia Pacific and the Middle East and Africa. Among these, the aircraft engine MRO market in the North America region accounts for the largest share in the global aircraft engine MRO market. The market in this region is driven by the presence of large pool of aircraft manufacturers and aircraft engine MRO service providers. The Asia Pacific region accounts for the second largest share in the global aircraft engine MRO market due to the increasing number of aircraft fleets owned by various new airlines in the emerging economies of this region.
Segmentation:
For the convenience of the report and enhanced understanding; The Aircraft Engine MRO Market is segmented in to 3 key dynamics
Segmentation by Application: Commercial Air Transport, and Business & General Aviation.
Segmentation by Types: Widebody Aircraft, and Narrowbody Aircraft.
Segmentation by Regions: Comprises Geographical regions - Americas (North & Latin), Europe, APAC and Middle East & Africa.
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