The global Air Transport MRO Market report present evidence-based information and covers all the market details such as the latest technology trends, market opportunity analysis, and competitive landscape. The report also covers regional market share, size along with market drivers and restraints for the forecast period of 2018-2024. Further, this research report also delivers information associated with the latest developments by major players with their respective market share in the market.
According to the global Air Transport MRO Market report published by Value Market Research, the market is expected to touch USD 104.8 BN by 2024, with a CAGR of 5.2% growing from USD 73.5 BN in 2017.
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the air transport MRO market include AAR Corporation, Aeroman, Airbus SAS, Delta TechOps, Guangzhou Aircraft Maintenance Engineering Company Limited, HAECO Ltd., KLM Engineering & Maintenance, Lufthansa Technik AG, Sabena Technics, SIA Engineering Company (SIAEC), Singapore Technologies Engineering Ltd. and Turkish Technic Inc. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
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Market Dynamics
Growing fleet iteration and increasing number of air passengers are the prominent factors driving the market growth. Various environmental regulations, air transport infrastructure, economic growth, increasing fleet size are the factors impacting the aeronautical industry. This in turn, is anticipated to influence the market growth. Also, rising demand of aircraft MRO to reduce operational cost is boosting the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of air transport MRO.
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Market Segmentation
The broad air transport MRO market has been sub-grouped into application and aircraft type. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Application
AirframeEngineComponentsLine
By Aircraft Type
Narrow BodyWide BodyRegional JetTurbo Pop
Regional Analysis
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for air transport MRO in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
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