Global Aircraft Component MRO Market is predicted to grow at 5.44% CAGR by 2023 :

Pune, India, Sept 18, 2017 /MRFR Press Release/- Market Research Future published a cooked research report on global aircraft component MRO market. The global aircraft component MRO market is expected to grow around 5.44% CAGR during the period 2017 to 2023.

Market Highlights

Outsourcing of aircraft MRO to third-party companies, is one of the trending opportunities for the airline companies so as to reduce their aircraft MRO expenses, with more than 10-20% of saving. For example, in 2013, 65% of aircraft MRO was outsourced by airlines, across the globe. As a result, there has been an increased adoption of MRO outsourcing, of late, due to the growing awareness of its benefits, such as low labour rates and the availability of adequate spare parts.

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Market Research Analysis

The global aircraft component MRO market has been analyzed based on the three segments, namely aircraft type, component, application across four geographic regions. Based on aircraft type, the market has been segmented as wide-body aircraft, narrow-body aircraft, and regional transport aircraft.

Based on application, the market has been segmented as commercial air transport, business and general aviation, military aviation.

Global Aircraft Component MRO Market Size

Aircraft Component MRO Market Size  

Scope of the Report

This study provides an overview of the global aircraft component MRO market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for Asia-Pacific, North America, Europe and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global aircraft component MRO market by its aircraft type, by component, by application and regions.

By Aircraft Type

  • Wide-body Aircraft

  • Narrow-body Aircraft

  • Regional Transport Aircraft

By Component

  • Fuselage

  • Empennage

  • Landing Gear

  • Wings

  • Engine

  • Others

By Application

  • Commercial Air Transport

  • Business and General Aviation

  • Military Aviation

  • By Region

  • Asia Pacific

  • North America

  • Europe

  • Rest of World 

Key Players

The key players of the global aircraft component MRO market are Delta TechOps (U.S.), Lufthansa Technik AG (Germany), Air France Industries KLM Engineering & Maintenance (France), HAECO (Japan), Honeywell International (U.S.), ST Aerospace (Singapore), AAR Corp. (U.S.), Barnes Aerospace (U.S.), FL Technics (Lithuania) and Turkish Technic, Inc. (Turkey).