openPR Logo
Press release

Aircraft Component MRO Market To Worth US $ 15,021.4 Mn By 2023 With Global Leading Players- Delta TechOps, Lufthansa Technik, Air France, HAECO, Honeywell, AAR, Turkish Technic

03-07-2019 08:46 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Aircraft Component MRO

Aircraft Component MRO

Global Aircraft Component MRO Market Information by Aircraft Type (Wide-body Aircraft, Narrow-body Aircraft, Regional Transport Aircraft), By Component (Fuselage, Empennage, Landing Gear, Wings, Engine and Others), By Application (Commercial Air Transport, Business and General Aviation, Military Aviation) And Region - Forecast To 2023

The key players in the global aircraft component MRO market include AAR Corp. (USA), Air France Industries KLM Engineering & Maintenance (France), Barnes Aerospace (USA), Delta TechOps (USA), FL Technics (Lithuania), Lufthansa Technik AG (Germany), Hong Kong Aircraft Engineering Company Limited (HAECO) (Hong Kong), Honeywell International (USA), ST Aerospace (Singapore), and Turkish Technic Inc. (Turkey).

Get Sample Report with Complete TOC @ https://www.marketresearchfuture.com/sample_request/1665

Overview:

Aircraft Component maintenance, repair, and operations (MRO) services are essential in order to ensure the smooth operation of an aircraft. Market Research Future (MRFR) has published a research report about the global aircraft component MRO market that presumes proliferation at 5.54% CAGR (Compound Annual Growth Rate) for this market between 2016 and 2023. By value, this market is expected to be worth the US $ 15,021.4 mn by the end of forecast period.

The primary factor driving the global aircraft component MRO market growth is growing international trade between countries, leading to the increased frequencies of cargo planes. The second factor driving market growth is a necessity to conduct timely checks or repairs of airplane components in order to ensure efficient performance and safe air travel. The third factor is the increased need for proper maintenance of engines & components. Remaining market driving factors include increased focus of original equipment manufacturers (OEMs) on aircraft MRO service and rapid aircraft fleet expansion.

Latest Industry News

A new MRO for airlines called WZL2 has opened in Poland. 3 JAN 2019

Latvian aviation services provider FBO Riga has forged a partnership with Moscow-based Embraer Executive Jets-authorized service center called international business aviation MRO Jet Flight Service. This partnership aims to establish a new MRO facility at Riga International Airport. 15 JAN 2019

Market Segmentation and Regional Analysis

The global aircraft component MRO market segmentation has segmented the market into aircraft type, application, component, and lastly, region. By aircraft type, this market has been segmented into narrow-body aircraft, regional transport aircraft, and wide-body aircraft. The application-based segmentation segments the market into business & general aviation, commercial air transport, and military aviation. Based on the component, the market has been segmented into empennage, engine, fuselage, landing gear, wings, and others.

The regional segmentation of the global aircraft component MRO market has segmented the global market into regional markets known as the Asia Pacific, North America, Latin America, Europe, the Middle East & Africa (MEA). During the forecast period, the market in North America is expected to grow due to the presence of many major MRO service providers in the region, technological advancement, the growing need for aircraft inspection, the high purchasing power of consumers, and strong aviation market due to most people preferring air travel. The vital country-specific markets in this region are USA, Canada, and Mexico.

Due to technological advancement and purchasing power of people being lower than North America, Latin America is a comparatively smaller regional market. The two most important country-specific markets in this region are Brazil and Chile, followed by the remaining countries in the Latin America region.

Europe is one of the major regional markets due to presence many key market players and the technological advancement that is second only to North America. In this region, the most important country-specific markets are France, Germany, and the UK, followed by the remaining countries of Europe.

The Asia Pacific is a rising regional market due to air travel becoming affordable in growing economies like China and India. Technological advancement in countries like Japan makes them potential markets for aircraft component MRO. Another important country-specific market in this region is Indonesia, followed by the remaining countries of the Asia Pacific region.

In the MEA region, few airline carriers operate. Therefore, a small market does exist here. In this region, the market is small and limited due to poor countries (especially in the African segment), lack of awareness, lack of education, and lack of advanced technology. The market in the Middle East segment is in a better condition than the African segment. Most important country-specific markets in this region are Saudi Arabia, Turkey, and UAE.

Early Diners Are Offered Free Customization- Up to 20%
Get Attractive Discount @ https://www.marketresearchfuture.com/check-discount/1665

Scope of Report

The report for Global Aircraft Component 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. 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.

Table of Contents

1 Executive Summary

2 Introduction
2.1 Definition
2.2 Scope of the Study
2.3 Assumptions
2.4 Market Structure
2.5 Key Takeaways of the Market

3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model

4 Market Dynamics
4.1 Drivers
4.1.1 Rapid Fleet Expansion
4.1.2 Mro Outsourcing
4.1.3 Increased Focus of Oems on Aircraft Mro Service
4.2 Restraints
4.2.1 Environmental Hazards
4.2.2 Retirement of Maintenance-intensive Aircraft
4.2.3 Development of Next-generation Aircraft
4.3 Opportunities
4.3.1 It Integration in Mro
4.3.2 Evolution of 3d Printing

5 Market Factor Analysis
5.1 Porter's Five Forces Analysis
5.1.1 Threat of New Entrants
5.1.2 Bargaining Power of Suppliers
5.1.3 Bargaining Power of Buyers
5.1.4 Threat of Substitutes
5.1.5 Rivalry
5.2 Supply Chain of the Global Aircraft Component Mro Market

6 Patent Trends
6.1 Patent Trends

Continued......

Ask for your specific company profile and country level customization on reports.

Get More Information on Aircraft Component MRO Market Research Report - Global Forecast to 2023 @ https://www.marketresearchfuture.com/reports/aircraft-component-mro-market-1665

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Market Research Future
Office No. 524/528
Amanora Chambers
Magarpatta Road
Hadapsar
Pune -411028
Maharashtra, India

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Aircraft Component MRO Market To Worth US $ 15,021.4 Mn By 2023 With Global Leading Players- Delta TechOps, Lufthansa Technik, Air France, HAECO, Honeywell, AAR, Turkish Technic here

News-ID: 1638560 • Views:

More Releases from Market Research Future

Global Small Boat Industry Sees Growing Demand Amid Rising Recreational Boating and Coastal Activities
Global Small Boat Industry Sees Growing Demand Amid Rising Recreational Boating …
As per the latest analysis by Market Research Future, the Small Boats Market Size was estimated at 17.12 (USD Billion) in 2024. The Small Boats Market Industry is expected to grow from 17.88 (USD Billion) in 2025 to 26.41 (USD Billion) till 2034, at a CAGR (growth rate) is expected to be around 4.43% during the forecast period (2025 - 2034). The global small boat industry is witnessing significant growth, driven
Automotive Trim Market Attaining USD 193.22 Billion till 2034 | Innovations Redefine Vehicle Aesthetics and Functionality
Automotive Trim Market Attaining USD 193.22 Billion till 2034 | Innovations Rede …
As per the latest analysis by Market Research Future, the Automotive Trim Market Size was estimated at 140.30 (USD Billion) in 2024. The Automotive Trim Market Industry is expected to grow from 144.87 (USD Billion) in 2025 to 193.22 (USD Billion) till 2034, at a CAGR (growth rate) is expected to be around 3.25% during the forecast period (2025 - 2034). The automotive industry is witnessing a significant transformation in vehicle
Leading Automotive Technology Firms Expand Fuel Level Sensor Solutions for Next-Generation Vehicles | Robert Bosch Gmbh, Technoton
Leading Automotive Technology Firms Expand Fuel Level Sensor Solutions for Next- …
As per the latest analysis by Market Research Future, Automotive Fuel Level Sensor Market Size was valued at USD 5,788.04 million in 2024. The Automotive Fuel Level Sensor market industry is projected to grow from USD 6,008.32 million in 2025 to USD 9,201.90 million by 2035, exhibiting a compound annual growth rate (CAGR) of 4.35% during the forecast period (2024 - 2035). With the global automotive industry focused on precision,
Valet Parking Technology Gains Momentum as Urban Mobility and Smart Infrastructure Evolve | Market Growth with 15.62% CAGR
Valet Parking Technology Gains Momentum as Urban Mobility and Smart Infrastructu …
As per the latest analysis by Market Research Future, the Valet Parking Technology Market Size was estimated at 1.41 (USD Billion) in 2024. The Valet Parking Technology Market Industry is expected to grow from 1.63 (USD Billion) in 2025 to 6.01 (USD Billion) till 2034, at a CAGR (growth rate) is expected to be around 15.62% during the forecast period (2025 - 2034). Valet parking technology is emerging as a transformative

All 5 Releases


More Releases for Air

Thermoelectric Assemblies Market, By Type (Air to Air, Direct to Air, Liquid to …
The thermoelectric assemblies market is expected to witness market growth at a rate of 8.25% in the forecast period of 2021 to 2028. Data Bridge Market Research report on thermoelectric assemblies market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the application of thermoelectric assemblies in the food and beverage industry
Air Medical Services Market 2019 Development Status - EMS 24-7, Air Methods, PHI …
Global Air Medical Services Market 2019 by Company, Regions, Type and Application, Forecast to 2024 offers a stronger and effective business outlook. The report deals with a complete overview of Air Medical Services market which comprises definitions, a wide range of statements and an entire chain structure. The report delivers an in-depth analysis of different attributes of industries such as trends, developments, policies, and clients operating in different regions. The
Air Ambulance Services Market 2019 AMR PHI Air Medical Scandinavian Air Ambulanc …
Air medical services is a comprehensive term covering the use of air transportation, airplane or helicopter, to move patients to and from healthcare facilities and accident scenes. Personnel provide comprehensive prehospital and emergency and critical care to all types of patients during aeromedical evacuation or rescue operations aboard helicopter and propeller aircraft or jet aircraft. Request a Sample of this Report @ http://www.orbisresearch.com/contacts/request-sample/2398576
Air Ambulance Services Market 2026: Air Methods Corporation, Deccan Charters, Sc …
Coherent Market Insights has announced the addition of the “Air Ambulance Services Market Size Status and Forecast 2026”, The report classifies the global Air Ambulance Services Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. Publisher’s Air Ambulance Services market research report provides the newest industry data and industry future trends, allowing you to identify the products and
Air Ambulance Services Market Growth, & Key Business Strategies by Leading Indus …
Coherent Market Insights has announced the addition of the “Air Ambulance Services Market Size Status and Forecast 2026”, The report classifies the global Air Ambulance Services Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Air Ambulance Services Speaker market, analyzes and researches the Air Ambulance Services Speaker development status and forecast in
Air Ambulance Services Market Analysis Report, Regional Outlook with Key Players …
Coherent Market Insights has announced the addition of the “Air Ambulance Services Market Size Status and Forecast 2026”, The report classifies the global Air Ambulance Services Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Air Ambulance ServicesSpeaker market, analyzes and researches the Air Ambulance Services Speaker development status and forecast in North