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Global Aircraft Component MRO market is expected to see more growth at a CAGR of around 2.5% during 2016-2021

Thursday, October 13, 2016 2:37
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Market Synopsis of Aircraft Component MRO Market

The global Aircraft Component MRO market is expected to grow at a CAGR of around 2.5% during 2016-2021. This growth is driven due to the growing need of scheduled and unscheduled maintenance, increasing air traffic, integration of IT for predictive maintenance of aircraft parts, and aviation regulation to maintain safety standards.  

Key Players in the global Aircraft Component MRO market

  • GE Aviation
  • Honeywell Aerospace
  • Lufthansa Technik
  • Pratt & Whitney
  • Rolls-Royce
  • FL Technics
  • Delta TechOps
  • Barnes Aerospace
  • AAR
  • Turkish Technic  

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Target Audience

  • MRO Vendors
  • Component Suppliers
  • Potential Investors
  • Key executive (CEO and COO) and strategy growth manager

Regional and Country Analysis of Aircraft Component MRO Market

The EMEA is the dominant player with 39% of the market share and is likely to be the leading region in the forecast period, followed by Americas and APAC.

Taste the market data and market information presented through more than 50 market data tables and figures spread in 103 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Aircraft Component MRO Market Research Report

Study Objectives of Aircraft Component MRO Market

  • To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the Global Aircraft Component MRO Market
  • To provide insights about factors affecting the market growth
  • To analyse the Global Aircraft Component MRO Market based on various factors- price analysis, supply chain analysis, porter’s 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- North America, 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 country-level analysis of the market for segment by aircraft type and components
  • To provide strategic profiling of key players in the market, comprehensively analysing their core competencies, and drawing a competitive landscape for the market
  • To track and analyse competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Aircraft Component MRO Market

Global Aircraft Component MRO Market ($ billion), 2016-2021

As per MRFR analysis, integration of IT and predictive maintenance in the current MRO practices, increased fleet retirements, and complexity with regards to aircraft retrofit are some of the market challenges.

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The Major Topics Included in Table of Content are:     

1. Introduction

2. Executive Summary

3. Scope of the Study

4. Assumptions and Limitations

5. Research Methodology

6. Market Size Estimation

7. Market Factor Analysis

8. Market Dynamics

9. Market Segmentation

10. Global Aircraft Component MRO Market by Aircraft Type, 2016-2021

11. Global Aircraft Component MRO Market by Component, 2016-2021

12. Global Aircraft Component MRO Market by Region, 2016-2021

13. Competitive Landscape

13.1 Key Players And Market Share Analysis

13.2 Key Development (M&A, JVS, Partnership)

13.3 Competitive Benchmarking (Financial and Operational)

13.4 Key Companies to Watch   

14. Company Profile

14.1 GE Aviation

14.1.1 Company Overview

14.1.2 Product/Business Segment Overview

14.1.3 Key Financial

14.1.4 Key Developments and Strategies

14.2 Honeywell Aerospace

14.2.1 Company Overview

14.2.2 Product/Business Segment Overview

14.2.3 Key Financial

14.2.4 Key Developments and Strategies

14.3 Lufthansa Technik

14.3.1 Company Overview

14.3.2 Product/Business Segment Overview

14.3.3 Key Financial

14.3.4 Key Developments and Strategies

14.4 Pratt & Whitney 

15. Conclusion

16. Appendix

The report also covers country level analysis:

Americas (North & Latin)

  • US
  • Canada
  • Brazil
  • Others


  • Germany
  • France
  • Italy
  • Spain
  • U.K
  • Rest of Europe

Asia – Pacific

  • China
  • India
  • Japan
  • Australia/New Zealand
  • Rest of Asia-Pacific

Middle East & Africa

  • UAE,
  • Kuwait
  • Israel
  • Rest of Middle East & Africa

The market report for Aircraft Component MRO of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Related Reports:

Global Aircraft Engine MRO Market Research Report

As per the MRFR analysis, factors restraining the market are challenges associated with the MRO of new composite material, and high custom duties and taxes, and increased threat from OEMs.

Emergence of additive manufacturing for MRO parts, introduction of mobile technology, and usage of radio-frequency identification (RFID) to improve efficiency are the ongoing trends which will impact the market during the forecast period.

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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.


Ruwin Mendez,

Market Research Future

+1 (339) 368 6938


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