Aircraft Line Maintenance Market Size Worth USD 33.38 Billion in 2032 | Emergen Research

The global aircraft line maintenance market size was USD 19.38 Billion in 2022 and is expected to register a steady revenue CAGR of 5.5% during the forecast period, according to latest analysis by Emergen Research. Introduction of newer, advanced, and modern aircraft fleet with latest technology and innovations and recent advancements in IT solutions, such as Electronic Logbook and RFID, for aircraft line maintenance are major factors driving market revenue growth. Aircraft line maintenance is repair, inspection or modification of an aircraft, which can be classified into line and base maintenance. Base maintenance includes major activities and operations, which require aircraft to be taken out of service for more prolonged periods, whereas line maintenance activities are mostly carried out during the ongoing service of aircraft.

The industry of aircraft line maintenance is a dynamic and ever-evolving one that constantly adapts to new technological and non-technological advancements. Big data, AI, blockchain, drones, Three Dimensional (3D) printing, RFID, wireless solutions, and Information and Communication Technology (ICT) are increasingly being used, transforming how Maintenance, Repair, and Operations (MRO) providers operate, enabling to increase productivity, efficiency, and safety. In addition, rising trend of replacing aging fleets of aircraft with newer, more contemporary, and technologically advanced ones is another factor driving revenue growth of the market. This is because new aircraft necessitate adjustments to maintenance schedules and technical training requirements. Structure inspections involving hail damage can also be more easily mapped out using cutting-edge instruments such as 3D dentCHECK scanner.

MRO technology-driven productivity with e-Task cards & Fifth Generation (5G) mobile tablets, application of sensors and robotic inspections, E-signature & digital records, electronic aircraft log books/tech logs, RFID & tooling inventory integration is becoming the latest trend in improving the aircraft line maintenance market. For instance, RFID can assist aviation maintenance firms in enhancing data capture, inventory management, and operational efficiency by supplying quicker, more precise, and real-time information about their assets and procedures.

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The report also studies business strategies and strategic alliances undertaken by companies to gain a robust footing in the market. The report sheds light on the mergers and acquisitions, collaborations, joint ventures, brand promotions and product launches, agreements and partnerships, and corporate and government deals. The comprehensive analysis of the competitive landscape offers the readers a deeper understanding about the competitors.

Some Major Companies In The Global Market Report Include:
FL Technics, FEAM MAINTENANCE, Air Works, BCT Aviation Maintenance Ltd, STS Aviation Group, Bombardier, OPENAI, GMR Aero Technic, Jet Aviation, Inc., and Lufthansa Technik.

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Some Key Highlights From the Report

• The transit checks accounted for largest revenue share in the global aircraft line maintenance market in 2022. Transit checks are performed on the apron in between aircraft (during a turnaround) , which involves more inspections than actual checks. The inspection looks for obvious damage, leaks, missing components, properly functioning machinery, and attachment security. Transit checks are a part of line maintenance checks and involve checking the levels of fluids (oil, hydraulics), as well as components such as wheels, brakes, and other components. This entails a walk-around examination of the aircraft to look for evident damage, needed maintenance, rectification of inconsistencies, and operational responsibilities designated for the aircraft.

• The commercial segment is expected to register steadily fast growth rate in the global aircraft line maintenance market during the forecast period. Commercial aircraft maintenance involves aircraft technicians carrying out frequently scheduled and occasionally unscheduled upkeep tasks such as inspections, repairs, part acquisitions and replacements, complete overhauls, and others, to keep commercial aircraft fleets airworthy, in compliance with regulatory requirements, and available for service. Almost every component of the aircraft is disassembled to the component level during extensive maintenance, regardless of the size of aircraft. The North America market accounted for largest revenue share in the global aircraft line maintenance market in 2022 This is attributed to increasing number of key strategic initiatives, such as partnerships and collaborations, between major market companies for implementation of maintenance services and funding in the field of aircraft line maintenance.

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Emergen Research has segmented the global aircraft line maintenance market on the basis of service type, type, platform, end-use, and region:

• Service Type Outlook (Revenue, USD Billion; 2019-2032)
o Line Station Setup & Management Service
o Component Replacement & Rigging Service
o Defect Rectification Service
o Engine & APU Service
o Aircraft on Ground (AOG) Service

• Type Outlook (Revenue, USD Billion; 2019-2032)
o Transit Checks
o Routine Checks

• Platform Outlook (Revenue, USD Billion; 2019-2032)
o Commercial Aircraft
o Business Jet Aircraft
o Cargo Aircraft
o Regional Aircraft
o Military Aircraft

• Aircraft Type Outlook (Revenue, USD Billion; 2019-2032)
o Narrow Body Aircraft
o Wide Body Aircraft
o Turboprop Planes

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