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Aerospace MRO-Global Market Insights and Sales Trends 2024
Synopsis
Air travel in emerging countries is growing, thus increasing the demand for aircraft MRO services. Many new MRO service centers have been setup in numerous countries in recently. This increases the participation of regional companies (tier-II or tier-III suppliers) in the field of aircraft MRO. Moreover, the growing international trade between countries have increased frequencies of cargo planes. Thus, it is essential to conduct timely checks and repairs on airplanes to ensure efficient performance and safe air travel. The market is driven by various factors such as increased focus of OEMs on aircraft MRO service and rapid aircraft fleet expansion.
The global Aerospace MRO market size is expected to reach US$ 46700 million by 2029, growing at a CAGR of 5.6% from 2023 to 2029. The market is mainly driven by the significant applications of Aerospace MRO in various end use industries. The expanding demands from the Commercial Air Transport, Business and General Aviation and Military Aviation,, are propelling Aerospace MRO market. Engine, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Component segment is estimated at % CAGR for the next seven-year period.
Asia had the largest share of the global aircraft MRO market in 2017.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Aerospace MRO, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Aerospace MRO market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Aerospace MRO market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Aerospace MRO sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Aerospace MRO covered in this report include Airbus, Air France KLM Engineering & Maintenance, Air Works, Delta TechOps, HAECO, Honeywell International, GMF AeroAsia, 3M and Delta Airlines, etc.
The global Aerospace MRO market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Airbus
Air France KLM Engineering & Maintenance
Air Works
Delta TechOps
HAECO
Honeywell International
GMF AeroAsia
3M
Delta Airlines
AAR Corp
KLM UK Engineering Limited
Lufthansa Technik
MTU Aero Engines AG
MRO Aerospace
Jet Maintenance Solutions
ST Engineering
Global Aerospace MRO market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Aerospace MRO market, Segment by Type:
Engine
Component
Line Maintenance
Airframe
Modifications
Global Aerospace MRO market, by Application
Commercial Air Transport
Business and General Aviation
Military Aviation
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Aerospace MRO companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Air travel in emerging countries is growing, thus increasing the demand for aircraft MRO services. Many new MRO service centers have been setup in numerous countries in recently. This increases the participation of regional companies (tier-II or tier-III suppliers) in the field of aircraft MRO. Moreover, the growing international trade between countries have increased frequencies of cargo planes. Thus, it is essential to conduct timely checks and repairs on airplanes to ensure efficient performance and safe air travel. The market is driven by various factors such as increased focus of OEMs on aircraft MRO service and rapid aircraft fleet expansion.
The global Aerospace MRO market size is expected to reach US$ 46700 million by 2029, growing at a CAGR of 5.6% from 2023 to 2029. The market is mainly driven by the significant applications of Aerospace MRO in various end use industries. The expanding demands from the Commercial Air Transport, Business and General Aviation and Military Aviation,, are propelling Aerospace MRO market. Engine, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Component segment is estimated at % CAGR for the next seven-year period.
Asia had the largest share of the global aircraft MRO market in 2017.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Aerospace MRO, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Aerospace MRO market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Aerospace MRO market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Aerospace MRO sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Aerospace MRO covered in this report include Airbus, Air France KLM Engineering & Maintenance, Air Works, Delta TechOps, HAECO, Honeywell International, GMF AeroAsia, 3M and Delta Airlines, etc.
The global Aerospace MRO market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Airbus
Air France KLM Engineering & Maintenance
Air Works
Delta TechOps
HAECO
Honeywell International
GMF AeroAsia
3M
Delta Airlines
AAR Corp
KLM UK Engineering Limited
Lufthansa Technik
MTU Aero Engines AG
MRO Aerospace
Jet Maintenance Solutions
ST Engineering
Global Aerospace MRO market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Aerospace MRO market, Segment by Type:
Engine
Component
Line Maintenance
Airframe
Modifications
Global Aerospace MRO market, by Application
Commercial Air Transport
Business and General Aviation
Military Aviation
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Aerospace MRO companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Aerospace MRO
1.1 Aerospace MRO Market Overview
1.1.1 Aerospace MRO Product Scope
1.1.2 Aerospace MRO Market Status and Outlook
1.2 Global Aerospace MRO Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Aerospace MRO Market Size by Region (2018-2029)
1.4 Global Aerospace MRO Historic Market Size by Region (2018-2023)
1.5 Global Aerospace MRO Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Aerospace MRO Market Size (2018-2029)
1.6.1 North America Aerospace MRO Market Size (2018-2029)
1.6.2 Europe Aerospace MRO Market Size (2018-2029)
1.6.3 Asia-Pacific Aerospace MRO Market Size (2018-2029)
1.6.4 Latin America Aerospace MRO Market Size (2018-2029)
1.6.5 Middle East & Africa Aerospace MRO Market Size (2018-2029)
2 Aerospace MRO Market by Type
2.1 Introduction
2.1.1 Engine
2.1.2 Component
2.1.3 Line Maintenance
2.1.4 Airframe
2.1.5 Modifications
2.2 Global Aerospace MRO Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Aerospace MRO Historic Market Size by Type (2018-2023)
2.2.2 Global Aerospace MRO Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Aerospace MRO Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Aerospace MRO Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Aerospace MRO Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Aerospace MRO Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Aerospace MRO Revenue Breakdown by Type (2018-2029)
3 Aerospace MRO Market Overview by Application
3.1 Introduction
3.1.1 Commercial Air Transport
3.1.2 Business and General Aviation
3.1.3 Military Aviation
3.2 Global Aerospace MRO Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Aerospace MRO Historic Market Size by Application (2018-2023)
3.2.2 Global Aerospace MRO Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Aerospace MRO Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Aerospace MRO Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Aerospace MRO Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Aerospace MRO Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Aerospace MRO Revenue Breakdown by Application (2018-2029)
4 Aerospace MRO Competition Analysis by Players
4.1 Global Aerospace MRO Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Aerospace MRO as of 2022)
4.3 Date of Key Players Enter into Aerospace MRO Market
4.4 Global Top Players Aerospace MRO Headquarters and Area Served
4.5 Key Players Aerospace MRO Product Solution and Service
4.6 Competitive Status
4.6.1 Aerospace MRO Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Airbus
5.1.1 Airbus Profile
5.1.2 Airbus Main Business
5.1.3 Airbus Aerospace MRO Products, Services and Solutions
5.1.4 Airbus Aerospace MRO Revenue (US$ Million) & (2018-2023)
5.1.5 Airbus Recent Developments
5.2 Air France KLM Engineering & Maintenance
5.2.1 Air France KLM Engineering & Maintenance Profile
5.2.2 Air France KLM Engineering & Maintenance Main Business
5.2.3 Air France KLM Engineering & Maintenance Aerospace MRO Products, Services and Solutions
5.2.4 Air France KLM Engineering & Maintenance Aerospace MRO Revenue (US$ Million) & (2018-2023)
5.2.5 Air France KLM Engineering & Maintenance Recent Developments
5.3 Air Works
5.3.1 Air Works Profile
5.3.2 Air Works Main Business
5.3.3 Air Works Aerospace MRO Products, Services and Solutions
5.3.4 Air Works Aerospace MRO Revenue (US$ Million) & (2018-2023)
5.3.5 Delta TechOps Recent Developments
5.4 Delta TechOps
5.4.1 Delta TechOps Profile
5.4.2 Delta TechOps Main Business
5.4.3 Delta TechOps Aerospace MRO Products, Services and Solutions
5.4.4 Delta TechOps Aerospace MRO Revenue (US$ Million) & (2018-2023)
5.4.5 Delta TechOps Recent Developments
5.5 HAECO
5.5.1 HAECO Profile
5.5.2 HAECO Main Business
5.5.3 HAECO Aerospace MRO Products, Services and Solutions
5.5.4 HAECO Aerospace MRO Revenue (US$ Million) & (2018-2023)
5.5.5 HAECO Recent Developments
5.6 Honeywell International
5.6.1 Honeywell International Profile
5.6.2 Honeywell International Main Business
5.6.3 Honeywell International Aerospace MRO Products, Services and Solutions
5.6.4 Honeywell International Aerospace MRO Revenue (US$ Million) & (2018-2023)
5.6.5 Honeywell International Recent Developments
5.7 GMF AeroAsia
5.7.1 GMF AeroAsia Profile
5.7.2 GMF AeroAsia Main Business
5.7.3 GMF AeroAsia Aerospace MRO Products, Services and Solutions
5.7.4 GMF AeroAsia Aerospace MRO Revenue (US$ Million) & (2018-2023)
5.7.5 GMF AeroAsia Recent Developments
5.8 3M
5.8.1 3M Profile
5.8.2 3M Main Business
5.8.3 3M Aerospace MRO Products, Services and Solutions
5.8.4 3M Aerospace MRO Revenue (US$ Million) & (2018-2023)
5.8.5 3M Recent Developments
5.9 Delta Airlines
5.9.1 Delta Airlines Profile
5.9.2 Delta Airlines Main Business
5.9.3 Delta Airlines Aerospace MRO Products, Services and Solutions
5.9.4 Delta Airlines Aerospace MRO Revenue (US$ Million) & (2018-2023)
5.9.5 Delta Airlines Recent Developments
5.10 AAR Corp
5.10.1 AAR Corp Profile
5.10.2 AAR Corp Main Business
5.10.3 AAR Corp Aerospace MRO Products, Services and Solutions
5.10.4 AAR Corp Aerospace MRO Revenue (US$ Million) & (2018-2023)
5.10.5 AAR Corp Recent Developments
5.11 KLM UK Engineering Limited
5.11.1 KLM UK Engineering Limited Profile
5.11.2 KLM UK Engineering Limited Main Business
5.11.3 KLM UK Engineering Limited Aerospace MRO Products, Services and Solutions
5.11.4 KLM UK Engineering Limited Aerospace MRO Revenue (US$ Million) & (2018-2023)
5.11.5 KLM UK Engineering Limited Recent Developments
5.12 Lufthansa Technik
5.12.1 Lufthansa Technik Profile
5.12.2 Lufthansa Technik Main Business
5.12.3 Lufthansa Technik Aerospace MRO Products, Services and Solutions
5.12.4 Lufthansa Technik Aerospace MRO Revenue (US$ Million) & (2018-2023)
5.12.5 Lufthansa Technik Recent Developments
5.13 MTU Aero Engines AG
5.13.1 MTU Aero Engines AG Profile
5.13.2 MTU Aero Engines AG Main Business
5.13.3 MTU Aero Engines AG Aerospace MRO Products, Services and Solutions
5.13.4 MTU Aero Engines AG Aerospace MRO Revenue (US$ Million) & (2018-2023)
5.13.5 MTU Aero Engines AG Recent Developments
5.14 MRO Aerospace
5.14.1 MRO Aerospace Profile
5.14.2 MRO Aerospace Main Business
5.14.3 MRO Aerospace Aerospace MRO Products, Services and Solutions
5.14.4 MRO Aerospace Aerospace MRO Revenue (US$ Million) & (2018-2023)
5.14.5 MRO Aerospace Recent Developments
5.15 Jet Maintenance Solutions
5.15.1 Jet Maintenance Solutions Profile
5.15.2 Jet Maintenance Solutions Main Business
5.15.3 Jet Maintenance Solutions Aerospace MRO Products, Services and Solutions
5.15.4 Jet Maintenance Solutions Aerospace MRO Revenue (US$ Million) & (2018-2023)
5.15.5 Jet Maintenance Solutions Recent Developments
5.16 ST Engineering
5.16.1 ST Engineering Profile
5.16.2 ST Engineering Main Business
5.16.3 ST Engineering Aerospace MRO Products, Services and Solutions
5.16.4 ST Engineering Aerospace MRO Revenue (US$ Million) & (2018-2023)
5.16.5 ST Engineering Recent Developments
6 North America
6.1 North America Aerospace MRO Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Aerospace MRO Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Aerospace MRO Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Aerospace MRO Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Aerospace MRO Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Aerospace MRO Market Dynamics
11.1 Aerospace MRO Industry Trends
11.2 Aerospace MRO Market Drivers
11.3 Aerospace MRO Market Challenges
11.4 Aerospace MRO Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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