Press release
Global Civil Helicopter MRO Market Will Grow At A CAGR Of 3.93% During The Period 2016-2020
About Civil Helicopter MROHelicopters play a key role in remote area connectivity, intra-city movement, law enforcement, disaster relief, search and rescue, and emergency medical evacuation. Aircraft maintenance, repair, and overhaul (MRO) has become an essential component to ensure a fleet's proper maintenance, airworthiness, and passenger safety.
MRO companies perform functions such as repairs, inspections, routine checks, and overhaul. Aircraft utilization, global fleet size, and air traffic volume influence the global civil helicopter MRO market. Operators and OEMs in the market are strictly governed by national and international aviation regulatory bodies to ensure that stringent regulations and practices are adhered to. Companies that conduct such services require approval and certification from the necessary aviation safety bodies.
Scheduled maintenance tasks are developed after recommendations from OEMs. Based on type of maintenance, the global civil helicopter MRO market is classified into the following:
Airframe heavy maintenance
Engine maintenance
Component maintenance
Technavios analysts forecast the global civil helicopter MRO market to grow at a CAGR of 3.93% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global civil helicopter MRO market for 2016-2020. It provides a global overview, market shares, market segmentation by MRO type, and growth prospects by region (Americas, EMEA, and APAC).
The market is divided into the following segments based on type:
Component
Airframe
Engine and modifications
Technavio's report, Global Civil Helicopter MRO Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
AgustaWestland
Airbus Helicopters
Bell Helicopter
Russian Helicopter
Sikorsky Aircraft
Other prominent vendors
Heli-One
Kitchener Aero Avionics
StandardAero
Transwest Helicopters
Market driver
Growing demand for civil helicopters
For a full, detailed list, view our report
Market challenge
Safety and regulatory compliance
For a full, detailed list, view our report
Market trend
Increased utilization of composites
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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