Aerospace Mro Market Share, Industry Size, Growth, Opportunities and Forecast - 2019 to 2025

Air travel in emerging countries is growing, thus increasing the demand for aircraft MRO services. Many new MRO service centers have been setup in numerous countries in recently. This increases the participation of regional companies (tier-II or tier-III suppliers) in the field of aircraft MRO. Moreover, the growing international trade between countries have increased frequencies of cargo planes. Thus, it is essential to conduct timely checks and repairs on airplanes to ensure efficient performance and safe air travel. The market is driven by various factors such as increased focus of OEMs on aircraft MRO service and rapid aircraft fleet expansion.

Asia had the largest share of the global aircraft MRO market in 2017.
Market Analysis and Insights: Global Aerospace MRO Market

The global Aerospace MRO market size is projected to reach US$ 33700 million by 2026, from US$ 31780 million in 2020, at a CAGR of 5.6%% during 2021-2026.

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The following players are covered in this report:

• Airbus
• Air France KLM Engineering & Maintenance
• Air Works
• Delta TechOps
• HAECO
• Honeywell International
• GMF AeroAsia
• Lufthansa Technik
• Jet Maintenance Solutions
• ST Aerospace

Aerospace MRO Breakdown Data by Type

• Engine
• Component
• Line Maintenance
• Airframe
• Modifications

Aerospace MRO Breakdown Data by Application

• Commercial Air Transport
• Business and General Aviation
• Military Aviation

A full report of Global Aerospace MRO Market is available at: https://www.orionmarketreports.com/aerospace-mro-market/38150/

Scope of the Report

The research study analyzes the global Aerospace MRO industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Aerospace MRO Market Report

1. What was the Aerospace MRO Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
2. What will be the CAGR of Aerospace MRO Market during the forecast period (2019-2025)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2019-2025).
4. Which manufacturer/vendor/players in the Aerospace MRO Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

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This release was published on openPR.