Aircraft Airframe MRO Market 2018 expected to grow at a CAGR of 4%| Industry Key Players: Aviation Technical Services, HAECO, AAR Corp., Lufthansa Technik AG, Singapore Technologies Aerospace

Market Research Future Published a Cooked Research “Global Aircraft Airframe MRO Market Research Report - Forecast to 2023” - Market Analysis, Scope, Stake, Progress, Trends and Forecast up to 2023.

The leading market players in the global Aircraft Airframe MRO market primarily include Air France KLM Engineering & Maintenance (France), Singapore Technologies Aerospace (Singapore), HAECO (Hong Kong), AAR Corp. (U.S.), Lufthansa Technik AG (Germany), GAMECO (China), Turkish Technic Inc. (Turkey), Evergreen Aviation Technologies (EGAT) (Taiwan), Aviation Technical Services (U.S.), and Sabena Technics (France).

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Regional Analysis

The North-American region is expected to dominate the aircraft airframe MRO market, throughout the forecast period, which can be attributed to the presence of the major players in the market such as AAR Corp. and Aviation Technical Services along with the prominent/emerging companies such as Aeroman, Mexicana MRO, and Flightstar.

Concurrently, the Asia-Pacific region is expected to be the fastest growing region in the aircraft airframe MRO market. The region is emerging in the long-haul international market and it is dependent on the small and medium wide-body aircraft. Owing to this, many airline operators such as Indigo, Tigerair Singapore, Tigerair Australia, and Air Asia have been entering into service, over the years. Moreover the presence of companies such as HAECO, ST Aerospace, and GAMECO in the region act as a catalyst, stimulating the market growth.

Aircraft Airframe MRO Market – Overview

Aircraft airframe MRO is a complex process as it entails repair and upgrade of the wide body and narrow body aircrafts. Airframe MRO facilities are required to undertake tasks, which include corrosion prevention, control programs, and structure reinforcement among others. The wide body segment is expected to significantly drive the growth of airframe MRO segment.
The market is driven by various factors such as increased focus of OEMs on aircraft airframe MRO service and rapid aircraft fleet expansion. Also, the increased need for proper maintenance of engines & components, is driving the growth of the aircraft airframe MRO market.

Aircraft Airframe MRO Market – Segments
For the convenience of the report and enhanced understanding; The Aircraft Airframe MRO Market is segmented in to 4 key dynamics
Segmentation by Airframe Parts: Fuselage, Wing, Windows & Windshields, Doors, Elevator, and Others.
Segmentation by Aircraft Type: Narrow-body, Wide-body, and Others.
Segmentation by Application: Commercial Air Transport, Business and General Aviation, and Military Aviation.
Segmentation by Regions: Comprises Geographical regions – North America, Asia-Pacific, Europe, Middle East and Africa, and Latin America.

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