Press release
Aircraft Line Maintenance Market 2016-2021 | Leading Players Analysis By Wide body Aircraft, Narrow body Aircraft and Regional Jet : Delta TechOps, Lufthansa Technik, Monarch, SIA, SR Technics, British Airways, Hong Long Aircraft, Turkish Technic
Aircraft Line Maintenance
Market Synopsis of Global Aircraft Line Maintenance Market
The global Aircraft Line Maintenance Market is expected to grow at a CAGR of around 5.5% during 2016-2021. The key factors driving the growth are growing initiatives towards aircraft safety, increase in flights hours, increased demand for aircraft, and usage of best in class technologies in aircraft.
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As per the MRFR analysis, factors restraining the market growth are scarcity of skilled manpower, complexity in technical documentation procedures, and supervision of line maintenance.
Integration of IT for predictive maintenance and MRO outsourcing are the ongoing trends which will have positive impact on the market during the forecast period.
Key Players
Some of the key players in the Global Aircraft Line Maintenance Market are Delta TechOps, Lufthansa Technik, Monarch Aircraft Engineering, SIA Engineering Company, SR Technics, British Airways Engineering, Hong Long Aircraft Engineering, TAP Maintenance & Engineering, and Turkish Technic.
Industry/ Innovation/ Related News:
February, 2018 - SIA Engineering Company Limited (‘SIAEC’) and GE Aviation (‘GE’) announced that it signed a joint venture agreement to form an engine overhaul joint venture based in Singapore.
December, 2017 – Monarch aircraft engineering limited (MAEL), signed a new base maintenance agreement with La Compagnie.
December, 2015 – Delta TechOps signed a long-term maintenance contract with Virgin Australia to perform maintenance, repair and overhaul services for Virgin Australia’s fleet of CFM56-7B engines.
September, 2014 – British Airways line maintenance had won the contract to provide technical handling for Qatar Airways’ 787 flights in Edinburgh.
Aircraft Line Maintenance Market – Segmentation
The Global Aircraft line maintenance Market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Aircraft Type : Comprises Wide body aircraft, Narrow body aircraft and Regional jet
Segmentation by Platform : Comprises Commercial Aviation, Military Aviation and Business Aviation
Segmentation by Regions : Comprises Geographical regions - North America, Europe, Asia-Pacific, Middle East & Africa and South America.
Aircraft Line Maintenance Market: Regional Analysis
European market is dominating the market of aircraft line maintenance market due to growth in commercial and military aircrafts. The market in the developing countries is largely driven by growing demand for maintenance services, which helps in growth of aircraft line maintenance market.
Asia Pacific is referred to as the second-largest aircraft line maintenances market due to factors such as maximum air traffic and better demand for maintenance services have fuelled the demand for aircraft line maintenance market.
Scope of Report
The market report for Global Aircraft Line Maintenance 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
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Study Objectives of Global Aircraft Line Maintenance Market
• To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the Global Aircraft Line Maintenance Market
• To provide insights about factors affecting the market growth
• To analyse the aircraft line maintenance market based on various factors- price analysis, supply chain analysis, porter’s five force analysis etc.
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
• To provide country-level analysis of the market with respect to the current market size and future prospective
• To provide country-level analysis of the market for segment by aircraft types
• To provide strategic profiling of key players in the market, comprehensively analysing their core competencies, and drawing a competitive landscape for the market
• To track and analyse competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Aircraft Line Maintenance Market
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