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Global Aviation MRO Market Report 2023 Industry Outlook, Future Developments, Growth Analysis, Leading Players Updates And Forecast To 2032 | Delta Airlines Inc., AAR Corp., Hong Kong Aircraft Engineering Company Limited, Airbus SE, Singapore Technologies
Aviation MRO Market
Aviation MRO Market Size, Growth Rate, And Forecast:
The global aviation MRO market size is expected to grow from $68.31 billion in 2022 to $73.34 billion in 2023 at a compound annual growth rate (CAGR) of 7.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global aviation MRO market size is expected to reach $95.40 billion in 2027 at a CAGR of 6.8%.
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Aviation MRO Market Drivers:
Growing air travel is expected to propel the growth of the aviation MRO market going forward. Air travel refers to traveling from one place to other by aircraft. Aviation MRO provides maintenance and repair services for aircraft which keeps the flights fit and in flyable condition at all times which is essential considering air travel is the most preferred mode of transport for international trips.
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Aviation MRO Market Segments:
By Service Type: Engine Overhaul, Airframe Maintenance, Line Maintenance, Modification, Other Service Types
By Aircraft Type: Narrow Body, Wide Body, Regional Jet, Other Aircraft Types
By End User: Original Equipment Manufacturer (OEM), Aircraft Operator, Other End Users
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Aviation MRO Market.
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Aviation MRO Market Key Players:
Major competitors in the aviation MRO market include Delta Airlines Inc., AAR Corp., Hong Kong Aircraft Engineering Company Limited, Airbus SE, Singapore Technologies Engineering Limited, KLM UK Engineering Limited, Lufthansa Technik AG.
The Business Research Company's "Global Aviation MRO Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Aviation MRO Market Include:
1. Executive Summary
2. Aviation MRO Market Characteristics
3. Aviation MRO Market Trends And Strategies
4. Aviation MRO Market - Macro Economic Scenario
5. Aviation MRO Market Size And Growth
……
26. Africa Aviation MRO Market
27. Aviation MRO Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Aviation MRO Market
29. Aviation MRO Market Future Outlook and Potential Analysis
30. Appendix
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