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Commercial Aircraft MRO Market Growth (Status and Outlook) 2019-2024

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akshay dalvi
Commercial Aircraft MRO Market Growth (Status and Outlook) 2019-2024

Aircraft MRO is the description of maintenance repair and overhaul to aircraft, maintenance, repair and overhaul (MRO) is a key activity in the lifecycle of aircraft. Because of the typically long operational lifetimes expected from these costly assets, MRO is necessary to maintain these systems in a safe and functional condition, so that they can fulfill the operational role that they were designed for. This report mainly covers four market segments: Airframe, Engine, Component and Line

The market volume of Commercial aircraft MRO is related to downstream demand and global economy. As there will always be some uncertainties in the global economy in the following years, the growth rate of Commercial aircraft MRO market might not keep that fast. But it is surely forecasted that the market of aircraft is still promising.

The global Commercial aircraft MRO industry markets mainly concentrate in United States, Europe and China, Japan, Asia-Pacific other, etc. And the market is supplied by a combination of large multinational firms and smaller local companies. The leading global firms include Lufthansa Technik, GE Aviation, AFI KLM E&M, ST Aerospace, MTU, AAR, SR Technics (Mubadala Aerospace), SIA Engineering, Delta TechOps and others. These companies tend to compete against each other globally to supply most of the largest Commercial aircraft MRO markets. In many markets, these leading global firms also face competition from local players.

 

 

 

According to this study, over the next five years the Commercial Aircraft MRO market will register a 3.5% CAGR in terms of revenue, the global market size will reach US$ 59870 million by 2024, from US$ 50390 million in 2019. In particular, this report presents the global revenue market share of key companies in Commercial Aircraft MRO business, shared in Chapter 3.

 

This report presents a comprehensive overview, market shares and growth opportunities of Commercial Aircraft MRO market by product type, application, key companies and key regions.

 

This study considers the Commercial Aircraft MRO value generated from the sales of the following segments:

 

Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.

 

  • Engine Maintenance
  • Components Maintenance
  • Line Maintenance Modification

 

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.

 

  • Air Transport
  • BGA

 

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

 

  • Americas
  • United States
  • Canada
  • Mexico
  • Brazil
  • APAC
  • China
  • Japan
  • Korea
  • Southeast Asia
  • India
  • Australia
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Russia
  • Spain
  • Middle East & Africa
  • Egypt
  • South Africa
  • Israel
  • Turkey
  • GCC Countries

 

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.

 

  • Lufthansa Technik
  • GE Aviation
  • AFI KLM E&M
  • ST Aerospace
  • MTU Maintenance
  • AAR Corp.
  • Rolls-Royce
  • SR Technics (Mubadala Aerospace)
  • SIA Engineering
  • Delta TechOps
  • Haeco
  • JAL Engineering
  • Ameco Beijing
  • TAP M&E
  • ANA
  • British Airways Engineering
  • Korean Air
  • Iberia Maintenance

 

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

 

Research objectives

 


Table of content


2019-2024 Global Commercial Aircraft MRO Market Report (Status and Outlook)

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered

2 Executive Summary
2.1 World Market Overview
2.1.1 Global Commercial Aircraft MRO Market Size 2014-2024
2.1.2 Commercial Aircraft MRO Market Size CAGR by Region
2.2 Commercial Aircraft MRO Segment by Type
2.2.1 Engine Maintenance
2.2.2 Components Maintenance
2.2.3 Airframe Heavy Maintenance
2.2.4 Line Maintenance Modification
2.3 Commercial Aircraft MRO Market Size by Type
2.3.1 Global Commercial Aircraft MRO Market Size Market Share by Type (2014-2019)
2.3.2 Global Commercial Aircraft MRO Market Size Growth Rate by Type (2014-2019)
2.4 Commercial Aircraft MRO Segment by Application
2.4.1 Air Transport
2.4.2 BGA
2.5 Commercial Aircraft MRO Market Size by Application
2.5.1 Global Commercial Aircraft MRO Market Size Market Share by Application (2014-2019)
2.5.2 Global Commercial Aircraft MRO Market Size Growth Rate by Application (2014-2019)

3 Global Commercial Aircraft MRO by Players
3.1 Global Commercial Aircraft MRO Market Size Market Share by Players
3.1.1 Global Commercial Aircraft MRO Market Size by Players (2017-2019)

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