The aircraft MRO
Market increased in value from USD 83,160 million in 2022 to USD 144,500
million in 2033, with a compound annual growth rate (CAGR) of 5.4% over the
projected period. This indicates a sigmoid growth curve behaviour within the
industry.
The aviation sector, which was severely impacted by the
epidemic, began to recover steadily again in 2022. In 2023, the aviation sector
saw notable expansion following a two-year downturn brought on by the COVID-19
pandemic. In 2023, it is anticipated that passenger traffic worldwide would
reach 87.8% of 2019 levels, and airlines will start turning a profit again.
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As you can see, in 2023, the growth of the aviation industry
is expected to accelerate. This is caused by a multitude of elements, such as
the robust global economy, the relaxation of travel regulations, and the
pent-up demand for travel. This has increased demand for aircraft maintenance
and repair (MRO) by placing pressure on the aviation sector to provide
passengers with a high-quality ride.
The We Market Research study on the Aircraft MRO Market covers
several topics and offers insightful information on the Aircraft MRO sector
such as key companies, segmentation by Sensors, by Connectivity, by
Application, by Country Scope, PESTEL, Industry Value Chain, and Porter's Five
Forces analyses are available for the smart soil moisture sensor market.
Significant chapters including Patent Analysis, Regulatory Framework, Technology
Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment
Analysis are also included in the report.
Market Competitive Outlook
AAR Corp., Airbus SE, Delta Airlines, Inc. (Delta TechOps), Hong Kong
Aircraft Engineering Company Limited, KLM U.K. Engineering Limited, Lufthansa
Technik, MTU Aero Engines AG, Raytheon Technologies Corporation (Previously
United Technologies Corporation), Singapore Technologies Engineering Ltd, TAP
Maintenance & Engineering (TAP Air Portugal).
Market Segmental
Analysis
·
By Aircraft Type
·
Commercial Aircraft MRO
·
Military Aircraf MRO
·
General Aviation Aircraft MRO
·
Regional Aircraft MRO
·
Business Jets MRO
·
Cargo Aircraft MRO
By Service
Type
·
Line Maintenance
·
Base Maintenance
·
Engine Overhaul
·
Component Maintenance
·
Modification and Upgrade Services
·
Avionics Maintenance
By
Maintenance Provider
·
Original Equipment Manufacturers (OEMs)
·
Independent MRO Providers
·
Airline-affiliated MROs
·
Defense MRO Facilities
·
Component MRO Specialists
By
Component
·
Airframe
·
Engine
·
Landing Gear
·
Interior Components
·
Auxiliary Power Unit (APU)
·
Others
By
Technology
·
Traditional MRO
·
Predictive Maintenance
·
Digital and Data-Driven Maintenance
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Country Scope
U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux;
Nordic Countries; Russia; China; India; Japan; South Korea; Australia;
Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South
Africa; Nigeria
Frequently Asked Questions
·
What
are the top performing segments, and countries / regions of each of the
markets?
·
What
are the technology trends shaping various markets?
·
What
is the COVID-19 impact on the market and how long will it take to recover?
·
Who
are the key competitors of market Players?
·
What
is the Merger & Acquisition, New Product Launch, Recent Development within
each of the Markets?
· What is the market size and growth
projections?
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