Press release
Aircraft MRO Market to Grow at a CAGR of 3.7% to 2024 - Covering Key Players: Lufthansa Technik, GE Aviation, AFI KLM E&M, ST Aerospace, MTU Maintenance, AAR Corp., Rolls-Royce, SR Technics, SIA Engineering, Delta TechOps, Haeco, JAL Engineering, Ameco Be
The global Aircraft MRO market is valued at 117700 million USD in 2018 and is expected to reach 146100 million USD by the end of 2024, growing at a CAGR of 3.7% between 2019 and 2024.Request a sample of this premium report at: https://www.marketstudyreport.com/request-a-sample/1639130?utm_source=openpr.com&utm_medium=ADS
Aircraft MRO is the description of maintenance repair and overhaul to aircraft, maintenance, repair and overhaul (MRO) is a key activity in the lifecycle of aircraft. Because of the typically long operational lifetimes expected from these costly assets, MRO is necessary to maintain these systems in a safe and functional condition, so that they can fulfill the operational role that they were designed for.
The market size of aircraft MRO is related to downstream demand and global economy. As there will always be some uncertainties in the global economy in the following years, the growth rate of aircraft MRO market might not keep that fast. But it is surely forecasted that the market of aircraft is still promising.
The global aircraft MRO industry markets mainly concentrate in North America, Europe and China, Singapore and Korea. North America's revenue accounted for the highest market share (41%) in 2017, followed by Europe.
These companies tend to compete against each other globally to supply most of the largest aircraft MRO markets. In many markets, these leading global firms also face competition from local players.
The global market of aircraft MRO has mainly been driven by its downstream industry, the strong growth of the fleet in the last decade. Economic investment and national policies are also the main growth catalysts for the market.
Despite the presence of competition and brand effect problems, due to the awareness of end-users and their demand for high end products, investors are still optimistic about this area. There will be more new investors entering into this industry in the future. The manufacturers who want to occupy the market must depend on market mechanism reform, core technology improvement, manufacturing equipment innovation, and brand establishment.
Aircraft MRO Market Segment by Top Manufacturers Including:
Lufthansa Technik, GE Aviation, AFI KLM E&M, ST Aerospace, MTU Maintenance, AAR Corp., Rolls-Royce, SR Technics, SIA Engineering, Delta TechOps, Haeco, JAL Engineering, Ameco Beijing, TAP M&E, ANA, British Airways Engineering, Korean Air, Iberia Maintenance.
Scope of the Report:
This report focuses on the Aircraft MRO Market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, types and applications.
Aircraft MRO Market Segment by Regions, regional analysis covers:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers:
Engine Maintenance
Components Maintenance
Airframe Heavy Maintenance
Line Maintenance Modification
Market Segment by Applications, can be divided into:
Commercial
Military
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There are 15 Chapters to deeply display the global Aircraft MRO market.
Chapter 1, to describe Aircraft MRO Market Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Aircraft MRO, with sales, revenue, and price of Aircraft MRO, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Aircraft MRO, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the key regions, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Aircraft MRO market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Aircraft MRO sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
For more information on this report, Please visit at:
https://www.marketstudyreport.com/reports/global-aircraft-mro-market-2019-by-company-regions-type-and-application-forecast-to-2024 ?utm_source=openpr.com&utm_medium=ADS
Table of Contents:
1 Aircraft MRO Market Overview
2 Manufacturers Profiles
3 Global Aircraft MRO Market Competition, by Players
4 Global Aircraft MRO Market Analysis by Regions
5 North America Aircraft MRO Revenue by Countries
6 Europe Aircraft MRO Revenue by Countries
7 Asia-Pacific Aircraft MRO Revenue by Countries
8 South America Aircraft MRO Revenue by Countries
9 Middle East and Africa Revenue Aircraft MRO by Countries
10 Global Aircraft MRO Market Segment by Type
11 Global Aircraft MRO Market Segment by Application
12 Global Aircraft MRO Market Size Forecast (2018-2023)
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Data Source
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