Defense Equipment Maintenance, Repair and Overhauling Services Market: Growth, Trends, Opportunities and Forecast to 2030 | Covid 19 Impact and Recovery | Research Analysis by TBRC

The Business Research Company offers "Defense Equipment Maintenance, Repair And Overhauling Services Global Market Report 2020-30: Covid 19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.

The global defense equipment maintenance, repair and overhauling services market is expected to decline from $59.7 billion in 2019 to $55.3 billion in 2020 at a compound annual growth rate (CAGR) of -7.5%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 3% from 2021 and reach $59 billion in 2023.

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The defense equipment maintenance, repair and overhauling services market consists of sales of defense equipment maintenance, repair and overhauling services and related goods by entities (organizations, sole traders and partnerships) that provide MRO services for all kinds of air, sea and land-based defense equipment, including fighter aircraft, military helicopter, battle ships, submarines, armored vehicles, missiles and rocket launchers.

Robotics and Unmanned Aerial Vehicles (UAVs) are widely used in the Aircraft Parts Manufacturing, Repair & Maintenance market. These help in automated inspections by capturing images, comparing them against the respective 3D models (digital twins) and reporting any damage which requires further inspection or repairs. It also helps the companies to shorten inspections by several hours and work can be done more accurately and safely. Companies that are actively making civil UAV’s include DJI, Parrot and 3DRobotics.

Defense Equipment Maintenance, Repair and Overhauling Services Market Segmentation:
By Type
1.Air based Defense Equipment MRO Services
2.Water based Defense Equipment MRO Services
3.Land based Defense Equipment MRO Services

By Service Type
1.Annual Maintainance Contract
2.Individual Works and Others

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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Defense Equipment Maintenance, Repair and Overhauling Services Market Characteristics
4. Defense Equipment Maintenance, Repair and Overhauling Services Market Product Analysis
5. Defense Equipment Maintenance, Repair and Overhauling Services Market Supply Chain
.....
20. Key Mergers And Acquisitions In The Defense Equipment Maintenance, Repair and Overhauling Services Market
21. Market Background: Defense Market
22. Recommendations
23. Appendix
24. Copyright And Disclaimer

The report covers the trends and market dynamics of the defense equipment maintenance, repair and overhauling services market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the defense equipment maintenance, repair and overhauling services market are BAE Systems, General Dynamics Corp, Lockheed Martin, Oshkosh, Rheinmetall

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