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(Transportation-News.com, November 15, 2017 ) Market Overview
The global aircraft MRO market is expected to witness massive growth owing to the expanding aircraft fleet by established airline service providers and the introduction of new airlines. The growing number of low-cost carriers (LCCs) and increased affordability by the middle-class population have led to a rise in the demand for air travel. The increasing GDP also plays a significant role in the expansion of existing fleet. Besides, the growing air passenger traffic has propelled the manufacturers to upgrade their avionics systems at regular intervals to ensure the safety of the passengers. Technological advancements and the growing demand for outsourcing MRO services are other factors driving growth in the market. With the increasing requirements for next-generation products and systems, the demand for aircraft modernization has gained momentum, which in turn, has intensified MRO activities in aircrafts.
Several OEMs in the market are extending their services portfolio with respect to new airframe and engine aftermarket support. To gain competitive edge over these OEMs, the third-party MRO service providers are making investments in the R&D projects related to engine and composite airframe MROs. Wichita, a US-based Spirit AeroSystems, has come up with an out-of-autoclave repair process for composite propulsion system components in aircrafts that is suitable for all propulsion products. Also, this innovative technology reduces the repair time to two days as compared to 14 days using an autoclave. The new technology will allow MRO technicians to access small, local areas of components with complicated geometries, rather than spraying large areas with thermal sprayer
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Aircraft MRO Market Key Players –
Lufthansa Technik, GE Aviation, AFI KLM E&M,ST Aerospace, MTU,AAR,SR Technics (Mubadala),SIA Engineering, Delta TechOps, Haeco, Ameco Beijing, Iberia Maintenance, ANA,JAL Engineering, Korean Air, KAI
Study Objectives of Aircraft MRO Market
- To provide detailed analysis of the market structure along with forecast for the next 10 years of the various segments and sub-segments of the global Aircraft MRO Market
- To provide insights about factors affecting the market growth
- To Analyze the Aircraft MRO Market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- Americas, Europe, Asia, and Rest of the World (ROW)
- To provide country level analysis of the market with respect to the current market size and future prospective
- To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global Aircraft MRO Market
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Aircraft MRO Market report contains all study material about overview, growth, demand and forecast research report in all over the world. This report offers some penetrating overview and solution in the complex world Aircraft MRO Market in global market.
Aircraft MRO Market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.
Market Segments
Market segment by Regions/Countries, this report covers
• United States
• EU
• Japan
• China
• India
• Southeast Asia
Market segment by Type, the product can be split into
• Airframe
• Engine
• Component
• Line
Market segment by Application, Aircraft MRO can be split into
• Air Transport
• BGA
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