Aircraft Airframe MRO Market 2018 Size, Share, Applications and Global Key Leaders: HAECO, Air France KLM Engineering & Maintenance, Turkish Technic, Evergreen Aviation Technologies, Aviation Technical Services

Market Highlights:

The aircraft airframe consists of crucial flight control systems that are important for the aircraft operations. Market Research Future (MRFR) has published a research report about the global aircraft airframe maintenance, repair, and overhaul (MRO) market that foretells proliferation for this market with 4% CAGR (Compound Annual Growth Rate) between 2016 and 2023.

However, the growth of the market is expected to be restrained by the large duration required to carry out aircraft airframe MRO activities. In addition, the increasing retirement of maintenance intensive aircraft deters the market growth.

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Major Key Players

• 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.),
• Sabena Technics (France).

According to MRFR, The global Aircraft Airframe MRO Market is expected to grow at a CAGR of approximately 4%, from 2017 to 2023.

Latest Industry News

West Star Aviation is expanding its recruiting efforts for their rapidly growing MRO network. The company is interested in hiring both experienced and fresh talent to work alongside the experts at one of their nine facilities throughout the USA as well as for their affiliate companies. 26 SEP 2018
Jazz Aviation LP, a subsidiary of Chorus Aviation Inc. has been awarded a contract for heavy maintenance work for airBaltic of Latvia. Under the terms of the agreement, Jazz Technical Services, a division of Jazz Aviation LP that is dedicated to maintenance, repair and overhaul (‘MRO’) work will provide airframe maintenance in support of airBaltic's 12 Q400 NextGen aircraft. 26 SEP 2018

Regional Analysis

The regional segmentation of the global aircraft airframe MRO market has been segmented into North America, Europe, Asia Pacific, and the rest of the world. Throughout the forecast period, the North American region is expected to dominate the aircraft airframe MRO market because many key players in this market are based in this region, especially in the United States of America (USA), which is the biggest economy in North America and most technologically advanced country. The other important country-specific market in this region is Canada.
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.

Segmentation:

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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The report for Global Aircraft Airframe MRO 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.

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