Aircraft Line Maintenance Market Demand Rises Growing at a CAGR of 5.6% - Industry leaders United Airlines, Turkish Airlines, TAP Maintenance & Engineering, STS Aviation Group, SR Technics, SIA Engineering Company Forecast To 2026

Market Overview:
Global Aircraft Line Maintenance market is accounted for $18.36 billion in 2017 and is expected to reach $29.96 billion by 2026 growing at a CAGR of 5.6% during the forecast period. Rising adoption of connected aircraft to examine predictive, prescriptive and condition-based maintenance and growing adoption of Internet of Things (IoT) and Artificial Intelligence (AI) are the factors triggering the market growth. However, the lack of availability of trained workers and short of common data standards is predicted to hamper the growth of the aviation line maintenance market.

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Line maintenance MRO involves full technological management such as transit, pre-flight checks, daily checks and weekly checks. During line maintenance, firms provides support in headset maintenance and renovate, fuel checks and on call handling. Rising worldwide trade among countries has improved the frequencies of cargo planes and necessary to carry out timely checks or repairs of airplanes to make sure that it performs efficiently and safe to travel.

Top Players:
Some of the key players profiled in the Aircraft Line Maintenance market include United Airlines, Turkish Airlines, TAP Maintenance & Engineering, STS Aviation Group, SR Technics, SIA Engineering Company, Delta TechOps, British Airways, BCT Aviation Maintenance, Avia Solutions Group ,ANA Line Maintenance Technics, AMECO, SAMCO Aircraft Maintenance, Nayak Group , Monarch Aircraft Engineering, Lufthansa Technik, Hong Long Aircraft Engineering and HAECO.

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Market Segments:
By type, the routine check type segment is anticipated to grow high compared to the transit check segment. As these checks of an aircraft includes maintenance and repairs of pre-flight checks, post-flight checks, service checks, overnight checks, and weekly checks. As the number of flights per aircraft is increasing, it is acknowledged to lead an enlarged necessity for routine checks of aircraft.

Based on geography, the development of the Asia Pacific aircraft line maintenance market can be attributed to the boost in the aircraft production in this region and rise in the number of new aircraft delivered. Moreover, increased demand for Maintenance, Repair, Overhaul (MRO) services from this region is expected to drive the growth of the Asia Pacific line maintenance market. China, India, and Japan are the key markets for aircraft line maintenance in this region.

Services Covered:
• Defect Rectification Service
• Line Station Setup & Management Service
• Aircraft on Ground (AOG) Service
• Component Replacement & Rigging Service
• Engine & APU Service
Types Covered:
• Routine Checks
• Transit Checks
Aircraft Types Covered:
• Regional Aircraft
• Narrow Body Aircraft
• Very Large Body Aircraft
• Wide Body Aircraft
• Other Aircraft Type
Technologies Covered:
• Digital Line Maintenance
• Traditional Line Maintenance

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This release was published on openPR.