Global Aircraft Component MRO Market to Grow from $16.2 Billion in 2018 to $18.6 Billion by 2024 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Aircraft
Component MRO Market: Global Industry Trends, Share, Size, Growth,
Opportunity and Forecast 2019-2024”
report has been added to ResearchAndMarkets.com’s
offering.

The global aircraft component MRO market was worth US$ 16.2 Billion in
2018. The market is further expected to reach a value of US$ 18.6
Billion by 2024, at a projected CAGR of 2.3% during 2019-2024.

Over the past few years, airline operators and OEMs have been using
radio-frequency identification (RFID) in the commercial aerospace
component MRO market to enhance the cost-effectiveness of the services
provided by them. However, airline companies are now outsourcing these
activities to third-party organizations for contract organizations.

As aircraft component MRO accounts for a significant portion of airline
expenses, this trend has created numerous growth opportunities in the
market. In addition to this, improving economic conditions in regions
like the Middle East, Asia and Africa has led to the demand for low-cost
air travel services.

Apart from this, the introduction of innovative software technologies
has helped OEMs in fulfilling the airworthiness standards of EASA and
FAA. Such software programs offer features like labor-hour tracking,
maintenance scheduling, and service bulletins for airline operators and
service providers.

Key Questions Answered

  • How has the global aircraft component MRO market performed so far and
    how will it perform in the coming years?
  • What are the key regional markets in the global aircraft component MRO
    industry?
  • What is the breakup of the market based on the aircraft type?
  • What is the breakup of the market based on the component?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the global aircraft
    component MRO industry?
  • What are the key driving factors and challenges in the global aircraft
    component MRO industry?
  • What is the structure of the global aircraft component MRO industry
    and who are the key players?
  • What is the degree of competition in the global aircraft component MRO
    industry?
  • What are the profit margins in the global aircraft component MRO
    industry?

Topics Covered

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study

2.2 Stakeholders

2.3 Data Sources

2.4 Market Estimation

2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Aircraft Component MRO Market

5.1 Market Overview

5.2 Market Performance

5.3 Market Breakup by Aircraft Type

5.4 Market Breakup by Component

5.5 Market Breakup by Application

5.6 Market Breakup by Region

5.7 Market Forecast

6 Market Breakup by Aircraft Type

6.1 Narrow-Body

6.2 Wide-Body

6.3 Regional Jets/Turboprop

7 Market Breakup by Component

7.1 Fuselage

7.2 Empennage

7.3 Landing Gear

7.4 Wings

7.5 Engine

7.6 Others

8 Market Breakup by Application

8.1 Commercial Air Transport

8.2 Business and General Aviation

8.3 Military Aviation

9 Market Breakup by Region

9.1 Europe

9.2 North America

9.3 Asia Pacific

9.4 Middle East and Africa

9.5 Latin America

10 SWOT Analysis

10.1 Overview

10.2 Strengths

10.3 Weaknesses

10.4 Opportunities

10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

12.1 Overview

12.2 Bargaining Power of Buyers

12.3 Bargaining Power of Suppliers

12.4 Degree of Competition

12.5 Threat of New Entrants

12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

14.1 Market Structure

14.2 Key Players

14.3 Profiles of Key Players

14.3.1 Delta TechOps (U.S.)

14.3.2 Lufthansa Technik AG (Germany)

14.3.3 Air France Industries KLM Engineering & Maintenance (France)

14.3.4 HAECO (Japan)

14.3.5 Honeywell International (U.S.)

14.3.6 ST Aerospace (Singapore)

14.3.7 AAR Corp. (U.S.)

14.3.8 Barnes Aerospace (U.S.)

14.3.9 FL Technics (Lithuania)Anker

14.3.10 Turkish Technic Inc. (Turkey)

For more information about this report visit https://www.researchandmarkets.com/r/5nqyvh

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com

For
E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call
1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

Related
Topics: Commercial
Aerospace
, Aircraft,
Aircraft
Parts