According to the latest report by IMARC Group, titled “Aircraft Line Maintenance Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global aircraft line maintenance market reached a value of US$ 20.7 Billion in 2020. Looking forward, the market is expected to grow at a CAGR of 3.7% during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Aircraft line maintenance refers to the process of repairing, modifying and inspecting an aircraft. It includes scheduled and unscheduled services, defect rectification, line station setup and component replacement and rigging of the engine and auxiliary power unit (APU). These maintenance activities are generally performed to maintain the aircraft system and structure in flightworthy conditions. They are usually conducted outside the hangar while the aircraft is on the ground and is preparing for flight. Aircraft line maintenance aids in ensuring enhanced safety, performance, reliability and cost-effectiveness.
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The global aircraft line maintenance market is primarily being driven by significant growth in the aviation industry. Furthermore, the rising need for enhanced safety, security and wellbeing of passengers and crew is favoring the market growth. Various technological advancements, such as the integration of the Internet of Things (IoT) and artificial intelligence (AI) solutions to identify defects, reduce mishaps and improve the overall efficiency of the aircraft, are providing a thrust to the market growth. Other factors, including the increasing deployment of military aircraft due to rising concerns for national security, along with the strict implementation of various government initiatives regarding passenger safety, are creating a positive outlook for the market.
Aircraft Line Maintenance Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the global aircraft line maintenance market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- AMECO
- ANA Line Maintenance Technics
- Avia Solutions Group
- BCT Aviation Maintenance
- British Airways
- Delta Air Lines
- HAECO
- Lufthansa
- Monarch Aircraft Engineering
- Nayak Group
- SAMCO Aircraft Maintenance
- SIA Engineering Company
- SR Technics
- STS Aviation Group
- Turkish Airlines
Key Market Segmentation:
The report has segmented the global aircraft line maintenance market on the basis of service, type, aircraft type, technology and region.
Breakup by Service:
- Component Replacement & Rigging Service
- Engine & APU Service
- Line Station Setup & Management Service
- Defect Rectification Service
- Aircraft on Ground (AOG) Service
Breakup by Type:
- Transit Checks
- Routine Checks
Breakup by Aircraft Type:
- Narrow Body Aircraft
- Wide-Body Aircraft
- Very Large Body Aircraft
- Others
Breakup by Technology:
- Traditional Line Maintenance
- Digital Line Maintenance
Breakup by Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Industry Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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The global aircraft line maintenance market size is expected to reach USD 23.67 billion by 2027, exhibiting a CAGR of 5.06% during the forecast period.
The growing concerns regarding public safety and management will spur opportunities for the market during the forecast period, states Fortune Business Insights in a report, titled “Aircraft Line Maintenance Market Size, Share & Industry Analysis, By Type (Transit Checks, and Routine Checks), By Aircraft Type (Commercial, Military), By Platform (Traditional Line Maintenance, Digital Line Maintenance), By Service (Engine and APU Service, Component Replacement and Rigging Services, Aircraft On Ground Service, and Others) and Regional Forecasts, 2020-2027” the market size stood at USD 20.21 billion in 2019.
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The escalating demand of IoT for its predictive techniques and methods to reduce maintenancedelays will enable speedy expansion of the market in the forthcoming years.
Theutilization of advanced technologies by the industry such as google glass or pebble watch for immediate responses andresolution of critical issues will subsequently foster the growth of the market during the forecast period.Furthermore, the growing employment of artificial intelligence (AI) to reduce maintenance time and aircraft failures will uplift the aircraft line maintenance share during the forecast period.
Regional Analysis:Modernization of Contemporary Aircraft Systems to Foster Growth in EuropeNorth America is likely to hold the largest share in the global market owing to the increasing technological advancement in the aviation industry.
The latest trending report Global Aircraft Line Maintenance Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The global Aircraft Line Maintenance market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 3.2% in the forecast period of 2020 to 2025 and will expected to reach USD 19520 million by 2025, from USD 17230 million in 2019.The Aircraft Line Maintenance market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/46290-aircraft-line-maintenance-industry-analysis-reportThe major players covered in Aircraft Line Maintenance are:British AirwaysAvia Solutions GroupSIA Engineering CompanyDelta Air LinesAMECOLufthansaHAECOANA Line Maintenance TechnicsUnited AirlinesBCT Aviation MaintenanceSTS Aviation GroupMonarch Aircraft EngineeringTurkish AirlinesSR TechnicsNayak GroupSAMCO Aircraft MaintenanceBy Type, Aircraft Line Maintenance market has been segmented into: Transit Checks Routine ChecksBy Application, Aircraft Line Maintenance has been segmented into: Narrow Body Aircraft Wide Body Aircraft Very Large Aircraft Regional Aircraft OthersThe report offers in-depth assessment of the growth and other aspects of the Aircraft Line Maintenance market in important countries (regions), including: North America (United States, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia) South America (Brazil, Argentina, Colombia) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)Download Free Sample Report of Global Aircraft Line Maintenance Market @ https://www.decisiondatabases.com/contact/download-sample-46290There are 14 Chapters to deeply display the global Aircraft Line Maintenance market.1 Aircraft Line Maintenance Market Overview2 Company Profiles3 Global Aircraft Line Maintenance Market Competition, by Players4 Global Aircraft Line Maintenance Market Size by Regions5 North America Aircraft Line Maintenance Revenue by Countries6 Europe Aircraft Line Maintenance Revenue by Countries7 Asia-Pacific Aircraft Line Maintenance Revenue by Countries8 South America Aircraft Line Maintenance Revenue by Countries9 Middle East and Africa Revenue Aircraft Line Maintenance by Countries10 Global Aircraft Line Maintenance Market Segment by Type11 Global Aircraft Line Maintenance Market Segment by Application12 Global Aircraft Line Maintenance Market Size Forecast (2021-2025)13 Research Findings and Conclusion14 AppendixPurchase the complete Global Aircraft Line Maintenance Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-46290Other Reports by DecisionDatabases.com:Global Freight Railway Infrastructure Maintenance Market 2019 by Manufacturers, Countries, Type and Application, Forecast to 2024Global Passenger Railway Infrastructure Maintenance Market 2019 by Manufacturers, Countries, Type and Application, Forecast to 2024Global Ship & Boat Building and Maintenance Market 2019 by Company, Regions, Type and Application, Forecast to 2024About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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