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
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
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:
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
The report also covers country level analysis:
Americas (North & Latin)
Asia – Pacific
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.
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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