Market Synopsis of Global Narrow body Aircraft MRO Market
The Global Narrow body Aircraft MRO Market is expected to grow at a CAGR of around 4.5% during 2016-2021. The key factors driving the growth are increasing demand for narrow body aircraft from emerging markets, outsourcing of MRO activities, and usage of additive manufacturing in aircraft components.
Global Narrow body Aircraft MRO Market ($ billion), 2016-2021
As per the MRFR analysis, factors restraining the market growth are high cost of repair and replacement, retrofit of older aircraft with upgraded systems, and environmental hazards .
Shift towards radio-frequency identification (RFID), and integration of mobile technologies for efficient turnaround are the ongoing trends which will impact the market during the forecast period.
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 Narrow body Aircraft MRO Market Research Report”
Study Objectives of Global Narrow body Aircraft MRO Market
Regional and Country Analysis of Global Narrow body Aircraft MRO Market
As per the MRFR analysis, the EMEA region will continue its dominance in the forecast period to reach $XX billion, to grow at a CAGR of 5%. Whereas, APAC and Americas will grow at a CAGR of 8% and XX%, respectively during the forecast period.
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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 Narrow body Aircraft MRO Market by MRO Type, 2016-2021
11. Global Narrow body Aircraft MRO Market by Region, 2016-2021
12. Competitive Landscape
12.1 Key Players and Market Share Analysis
12.2 Key Development (M&A, JVS, Partnership)
12.3 Competitive Benchmarking (Financial And Operational)
12.4 Key Companies to Watch
13. Company Profile
13.1 GE Aviation
13.1.1 Company Overview
13.1.2 Product/Business Segment Overview
13.1.3 Key Financial
13.1.4 Key Developments And Strategies
13.2 Honeywell Aerospace
13.2.1 Company Overview
13.2.2 Product/Business Segment Overview
13.2.3 Key Financial
13.2.4 Key Developments And Strategies
The report also covers country level analysis:
Americas (North & Latin)
Asia – Pacific
Middle East & Africa
The market report for Global Narrow body Aircraft MRO Market 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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