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(Transportation-News.com, October 12, 2017 ) Exclusive Summery About Report:
According to the recent study report – “Global Aircraft MRO Market” published by Market Research Future, Aircraft MRO Market will witness a steady growth registering a CAGR of 2% globally, during the forecast period 2016 – 2021.
The factors driving the demand are additive manufacturing used in aircraft parts, ageing fleets & replacement opportunities, air traffic volume, and outsourcing for aircraft maintenance, states the MRFR Research Analyst while commenting upon this deep diving study report, presented through more than 100 market data tables and figures and widely spread over 103 pages.
While enlightening us upon the factor restraining the market growth, the MRFR Research Analyst continues, the higher replacement cost due to usage of composites and smart electronics, technological advancement in aircraft design, and environmental hazards are some of the factors hindering with the market growth of Aircraft MRO market globally.
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Aircraft MRO Market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
Airbus Group,
Air France KLM Engineering & Maintenance,
Air Works,
Delta TechOps,
HAECO,
Honeywell International,
GMF AeroAsia,
Lufthansa Technik,
Jet Maintenance Solutions,
ST Aerospace..
In 2016, Airbus Group, Air France KLM Engineering & Maintenance, Lufthansa Technik, and ST Aerospace accounted for over 35% of the global market.
Global Aircraft MRO Market – Synopsis & Scenario
The global MRO market is expected to grow with A CAGR of 2 %, during the forecast period 2016 – 2021.
The current commercial air transport fleet consists of over 27K aircraft; over half are narrow body aircraft. The combination of strong air travel demand and the need to replace ageing aircraft will drive fleet growth at a healthy CAGR.
Continued low fuel costs could reverse aircraft retirements trends.
Modifications market will see the strongest growth (e.g. interiors, connectivity). Airframe market slows due to reduced man-hour intensity and increased check intervals as new fleets are introduced
Aircraft MRO Market – Regional and Country Analysis
As per the MRFR analysis, the EMEA region will continue its dominance in the forecast period valuing billions of USD, at a CAGR of 5%.
Whereas, Americas will grow at a decent rate of CAGR and , APAC will grow at a CAGR of 2.5%, respectively during the forecast period.
The Latin American MRO Supplier Landscape largely consists of airframe MRO suppliers, with limited component capabilities
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For further information on this report, visit @ https://www.marketresearchfuture.com/reports/aircraft-mro-market
Table of Content
1 Executive Summary
2 Introduction
2.1 Definition
2.2 Scope of the Study
2.3 Assumptions
2.4 Market Structure
2.5 Key Takeaways of the Market
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Dynamics
4.1 Market Dynamics
4.2 Drivers
4.2.1 Rapid Fleet Expansion
4.2.2 MRO Outsourcing
4.2.3 Increased Focus of OEMs on Aircraft MRO Service
4.3 Restraints
4.3.1 Environmental Hazards
4.3.2 Retirement of Maintenance-Intensive Aircraft
4.3.3 Development of Next-Generation Aircraft
4.4 Opportunities
4.4.1 IT Integration in MRO
4.4.2 Evolution of 3D printing
5 Market Factor Analysis 27
5.1 Porter's Five Forces Analysis
5.1.1 Threat of New Entrants
5.1.2 Bargaining Power of Suppliers
…………..Continued
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Akash Anand,
Market Research Future
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com
Marketresearchfuture
Market Research Future
+1 (646) 845 9349
sales@wiseguyreports.com
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