Aircraft Engine MRO Market – Market Overview
Air travel in emerging countries is growing, thus increasing the demand for aircraft engine MRO service providers. Many new MRO service centres have been setup in such countries in recent years. This increases the participation of regional companies (tier-II or tier-III suppliers) in the field of aircraft engine MRO. Growing international trade between countries have increased the frequencies of cargo planes. Thus, it is essential to conduct timely checks or repairs of airplane to ensure efficient performance and safe air travel.
The market is driven by various factors such as development of next-generation engines and rapid fleet expansion. Also, increased restriction in global flight regulations and the need for proper maintenance of engines & engine components, is driving the growth of the aircraft engines MRO market.
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Air travel in emerging countries is growing, thus increasing the demand for aircraft engine MRO service providers. Many new MRO service centres have been setup in such countries in recent years. This increases the participation of regional companies (tier-II or tier-III suppliers) in the field of aircraft engine MRO. Growing international trade between countries have increased the frequencies of cargo planes. Thus, it is essential to conduct timely checks or repairs of airplane to ensure efficient performance and safe air travel.
Over the years, extensive investments have been made in the development of commercial aerospace engines. For example, the GE9X engine, a next-generation aircraft engine, developed by GE Aviation, offers better performance than traditional engines. It is expected to be in service by 2020. The leading edge aviation propulsion (LEAP) engine, is the most fuel-efficient engine available in the market, and had received more than USD 100 billion in orders by 2015, which has propelled the market for aircraft engines.
The development of such advanced engines is expected to fuel their maintenance, repair, and overhaul operations. Moreover, there were approximately 10,000 orders of such engines by 2016, which implicates that the MRO service providers would have a high revenue in the coming years, as a result of the aftermarket services on these engines.
Key Players:
The leading market players in the global Aircraft Engine MRO market primarily include GE Aviation (U.S.), Rolls-Royce (U.K.), Pratt & Whitney (U.S.), Lufthansa Technik (Germany), Safran Aircraft Engines (Paris), SIA Engineering Company (Singapore), Air France Industries KLM Engineering & Maintenance (France), MTU Aero Engines (Germany), ST Aerospace (Singapore) and Delta TechOps (U.S.).
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Aircraft Engine MRO Market – Segments
For the convenience of the report and enhanced understanding; The Aircraft Engine MRO Market is segmented in to 3 key dynamics
Segmentation by Application: Commercial Air Transport, and Business & General Aviation.
Segmentation by Types: Widebody Aircraft, and Narrowbody Aircraft.
Segmentation by Regions: Comprises Geographical regions - Americas (North & Latin), Europe, APAC and Middle East & Africa.
AIRCRAFT ENGINE MRO Market – Regional Analysis
In 2016, North America was the leading region for the global aircraft engine MRO market. A number of the major aircraft manufacturers (such as Boeing) and engine MRO services providers are present in the region, gaining the region a high market share. Moreover, it is expected that approximately 10,000 aircraft would be in service in the region by 2035, which would create an opportunity for the major and prominent companies of the region.
Asia, an emerging region in the long-haul international market, relies heavily on the small and medium widebody aircraft. As a result, a number of such airlines have been entering into service in the recent years such as Indigo, Tigerair Singapore, Tigerair Australia, and Air Asia.
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Region-wise Analysis Global Aircraft Engine MRO Market covers:• North America• Europe• China• Japan• Southeast Asia• India The Report covers in-depth analysis as follows:• Chapter 1 Aircraft Engine MRO Market Overview• Chapter 2 Global Economic Impact on Aircraft Engine MRO Industry• Chapter 3 Global Aircraft Engine MRO Market Competition by Manufacturers• Chapter 4 Global Aircraft Engine MRO Production, Revenue (Value) by Region (2013-2018)• Chapter 5 Global Aircraft Engine MRO Supply (Production), Consumption, Export, Import by Regions (2013-2018)• Chapter 6 Global Aircraft Engine MRO Production, Revenue (Value), Price Trend by Type• Chapter 7 Global Aircraft Engine MRO Market Analysis by Application• Chapter 8 Global Aircraft Engine MRO Manufacturers Analysis• Chapter 9 Aircraft Engine MRO Manufacturing Cost Analysis• Chapter 10 Industrial Chain, Sourcing Strategy and Downstream Buyers• Chapter 11 Marketing Strategy Analysis, Distributors/Traders• Chapter 12 Market Effect Factors Analysis• Chapter 13 Global Aircraft Engine MRO Market Forecast (2018-2023) Gain Full Access of Aircraft Engine MRO market industry analysis & forecast 2018-2023 along with complete TOC @ https://www.upmarketresearch.com/reports/Global-Aircraft-Engine-MRO-Industry-Market-Analysis-Forecast-2018-2023“Aircraft Engine MRO Market Industry Analysis and Forecast 2018-2023” report helps the clients to take business decisions and to understand strategies of major players in the industry.
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The latest trending report Global Aircraft Engine MRO 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 Aircraft Engine MRO 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.The global Aircraft Engine MRO market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 7.9%% in the forecast period of 2020 to 2025 and will expected to reach USD 44620 million by 2025, from USD 32870 million in 2019.Final Report will cover the impact of COVID-19 on this industry.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/26847-aircraft-engine-mro-market-analysis-reportThe major players covered in Aircraft Engine MRO are:GEDelta TechOpsLufthansa TechnikRolls-RoyceSnecmaMTU MaintenanceBBA AviationAir France/KLMPratt & WhitneyStandard AeroIAIHellenic AerospaceChromalloyAsia Pacific AerospaceWood Group TurbopowerBet ShemeshITPSabralinerSigma AerospaceAir New ZealandBy Type, Aircraft Engine MRO market has been segmented intoMaintenanceRepairOverhaulBy Application, Aircraft Engine MRO has been segmented into:Civil AircraftMilitary AircraftThe report offers in-depth assessment of the growth and other aspects of the Aircraft Engine MRO 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 and Southeast Asia)South America (Brazil, Argentina, etc.
)Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)Download Free Sample Report of Global Aircraft Engine MRO Market @ https://www.decisiondatabases.com/contact/download-sample-26847The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Aircraft Engine MRO product scope, market overview, market opportunities, market driving force and market risks.Chapter 2, to profile the top manufacturers of Aircraft Engine MRO, with price, sales, revenue and global market share of Aircraft Engine MRO in 2018 and 2019.Chapter 3, the Aircraft Engine MRO competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.Chapter 4, the Aircraft Engine MRO breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.Chapter 12, Aircraft Engine MRO market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025.Chapter 13, 14 and 15, to describe Aircraft Engine MRO sales channel, distributors, customers, research findings and conclusion, appendix and data source.Purchase the complete Global Aircraft Engine MRO Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-26847Other Reports by DecisionDatabases.com:Commercial Aircraft Landing Gear Market Report Till 2025Commercial Aircraft Turbine Blades & Vanes Market Report Till 2025Aircraft Ground Support Equipment Market Report Till 2025Aircraft Cabin Interior Market Report Till 2025Aircraft Engine and Equipment Market Report Till 2025Aircraft Maintenance, Repair and Overhaul Market Report Till 2025Military Aircraft Washing Equipment Market Report Till 2025Aircraft Piston Engines Market Report Till 2025Aircraft Interface Device Market Report Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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