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
Scope of the Report: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.
The global Commercial Aircraft MRO market is valued at 53000 million USD in 2020 and is expected to reach 62150 million USD by the end of 2026, growing at a CAGR of 3.2% between 2020 and 2026.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Commercial Aircraft MRO.
Europe also play important roles in global market, with market size of xx million USD in 2020 and will be xx million USD in 2026, with a CAGR of xx%.
This report studies the Commercial Aircraft MRO market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Commercial Aircraft MRO market by product type and applications/end industries.
Market Segment by Companies, this report covers 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
Market Segment by Regions, regional analysis covers 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, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Engine Maintenance
Components Maintenance
Airframe Heavy Maintenance
Line Maintenance Modification
Market Segment by Applications, can be divided into Air Transport
BGA
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
