Unexpected Growth Seen in Air Transport MRO Market Global Forecast to 2025 | GE Aviation, ST Aerospace, Lufthansa Technik, Delta TechOps, Rockwell Collins, HEICO, IAI

Global Air Transport MRO Market Synopsis:

The report covers a forecast and an analysis of the Air Transport MRO Market on a global and regional level. The study provides historical data for 2015, 2016, 2017 and 2018 along with a forecast from 2020 to 2025 based on revenue (USD Million) and volume (Kilotons). The study includes drivers and restraints of the Air Transport MRO Market along with the impact they have on the demand over the forecast period.

According to the market report analysis, Air Transport MRO Market service providers are focusing on expanding their presence in emerging aviation markets to capitalize on the growing demand for aviation industry and MRO services due to lower capital and labour costs in these regions. The market for air transport MRO in countries, such as China, India, Indonesia, Brazil and Mexico, is projected to benefit significantly from the growing demand for the aviation industry.

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In terms of the regional analysis, Europe is likely to account for the highest share in the Global Air Transport MRO Market between 2019 and 2025. There has been an increase in the airlines replacing old aircrafts with new technology models in Europe. This has resulted in the growth of MRO market, especially for single-aisle jets in Eastern and Western Europe. Meanwhile, the Air Transport MRO Market is also focusing on developing automated mechanism to gain sustainable economic advantages to Aviation Company as well as third parties. However, lack of skilled workforce is one of the biggest challenges in the Air Transport MRO Market across the world.

This report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency. It comprehensively evaluates the Global Air Transport MRO Market with different perspectives for the purpose of providing a detailed, informative, and accurate analysis of regional growth, competition, market segmentation, and other important aspects.

Global Key Players:

1 ST Aerospac

2 Lufthansa Technik

3 Timco Aviation Services

4 Delta TechOps

5 Mubadala Aerospace

6 Prattand Whitney

7 Rockwell Collins

8 GE Aviation

9 HEICO

10 IAI

11 Iberia Maintenance and More……….

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Product Type Segmentation

1 Heavy Maintenance Inspection

2 Engine Service Check

3 Component Maintenance

4 Line Maintenance

5 Avionic Standardization

Industry Segmentation

1 Civil Air Transport MRO

2 Military Air Transport MRO

On the basis of Regional analysis, North America and Europe holds major share in global Air Transport MRO market. Moreover, Asia-Pacific is expected to record higher growth rate in Air Transport MRO Market during the forecast year.

Latest Business News:

GE Aviation (June 10, 2020) - GE Digital’s APM 4.4 Update Rapidly Reduces Cost and Risk from Industrial Reliability and Maintenance Work Processes - GE Digital today unveiled the latest version of its industry-leading Asset Performance Management (APM) mission-critical software suite. Available both as a cloud and on-premises solution, APM allows companies in asset and process intensive industries like Oil & Gas, Chemical and Power Generation to align key technologies with critical work processes and functions across their businesses.

With this most recent release, GE Digital has focused on driving tighter integration across capabilities within the APM solution as well as to existing systems such as Enterprise Asset Management / Computerized Maintenance Management System (EAM/CMMS) solutions. In addition, APM focuses on automating work processes with enhancements to allow users to automate tasks and provide a more seamless experience to have the right information at the right time to make critical business decisions.

“Many vendors claim they have APM but actually have only asset analytics with no direct diagnostics capabilities,” said Kevin Prouty, IDC Group Vice President, Energy and Manufacturing Insights. “Integration with critical plant management solutions, like EAM, enables true APM companies to bring together data from all equipment and OEMs across the plant and the fleet to eliminate data silos and facilitate reliability improvements, optimize O&M spend and quantify risk reduction.”

“Our software helps customers to better operate, analyze and optimize their business processes with simplicity, speed and scale,” said Linda Rae, General Manager, GE Digital Power Generation and Oil & Gas. “APM helps industrial companies to efficiently and rapidly reduce costs while adapting to changing market conditions. With more than 30 years’ experience delivering software for our partners in industry, we’re always learning how to help them rise to today’s challenges.”

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Major Points in Table of Contents:

Global Air Transport MRO Market Report 2020

1 Air Transport MRO Product Definition

2 Global Air Transport MRO Market Manufacturer Share and Market Overview

2.1 Global Manufacturer Air Transport MRO Shipments

2.2 Global Manufacturer Air Transport MRO Business Revenue

2.3 Global Air Transport MRO Market Overview

2.4 COVID-19 Impact on Air Transport MRO Industry

3 Manufacturer Air Transport MRO Business Introduction

3.1 ST Aerospac (Singapore) Air Transport MRO Business Introduction

3.2 Lufthansa Technik (Germany) Air Transport MRO Business Introduction

3.3 Timco Aviation Services (US) Air Transport MRO Business Introduction

3.4 Delta TechOps (US) Air Transport MRO Business Introduction

3.5 Mubadala Aerospace (UAE) Air Transport MRO Business Introduction

3.6 Prattand Whitney (Canada) Air Transport MRO Business Introduction

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