Global Aircraft (Commercial and Military) MRO Market 2015-2019

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Global Aircraft (Commercial and Military) MRO Market 2015-2019

The report discusses the following in-depth:

• Market Size and Forecast

• Market Segmentation

• Buying Criteria

• Vendor Landscape

• Business Segmentation

• Geographical Segmentation

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Global Aircraft (Commercial and Military) MRO Market

2015-2019,please mail us at

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Key Trends

Technavio’s Senior Analyst says, “The increase in the use of advanced materials in the newly designed aircraft and also in the engine component has led MRO vendors to provide greater service expertise. The new generation aircraft are designed to be more efficient but cost associated with repair will be high. This continuous use of materials poses new challenges to equip them to handle new repair.”

• Aircraft maintenance, repair, and overhaul (MRO) has become an essential component to ensure that the fleets are airworthy and safe to transport passengers. MRO extends life of the airline fleet. MRO companies provide services, such as repairs, inspections, routine checks and overhaul of the aircraft. Factors, such as aircraft utilisation, global fleet size and air traffic volumes, influence the commercial and military aircraft MRO market.

• Technavio analysts forecast the global aircraft (Comm’l and Military) MRO market to grow at a CAGR of 3.36% during 2014-2019.

• Understanding the key drivers influencing the market

• Understanding the challenges faced by the market

• Activities of various stakeholders involved

• Key focus areas for the vendors

• Major trends that will shape the future of this market

• Vendor landscape and trajectory of the market

• Conclusion

Scope of The Report

A detailed analysis of each market driver, challenge

and trend isavailable in our report:

Global Aircraft (Commercial and Military) MRO Market 2015-2019

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Vendors

To understand the vendor landscape and for a full list

of vendors view our report:

Global Aircraft (Commercial and Military) MRO Market 2015-2019

Airbus

Honeywell International

HAECO Group

Airbus was incorporated in 1969 and it is headquartered in Toulouse, France. It manufactures aircraft. The company along with its subsidiaries focuses on design, manufacturing, distribution, and selling of double-deck aircraft, commercial aircraft, corporate jets, freighter aircrafts, and military aircrafts.

Honeywell International was incorporated in 1985 and is headquartered in Morris Township, New Jersey, US. The company, along with its subsidiaries, provides products and services to industries, including aerospace and defense, automotive and transportation, oil and gas, and petrochemicals and biofuels.

The HAECO Group was established in 1950 and is headquartered in Hong Kong, China. It is one of the largest aircraft MRO Service providers. The company provides commercial aircraft overhaul, maintenance, and modification services to airlines. It operates as a subsidiary of Swire Pacific.

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Market Landscape

• Factors contributing to growth of the global commercial and military aircraft MRO market are increased aircraft utilization and larger fleet.

• In 2011, there were 20,809 aircraft in service, which was higher than the 20,840 aircraft from the previous year, which shows a growth of 3.2%.

• Also, there is an increase in the cargo fleet, which is likely to increase by 3.3% each year.

• There are 1,597 cargo aircraft in service and because increased utilization of these aircraft, 47% of them will retire over a decade which will have impact on the growth of the global commercial and military aircraft MRO market.

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Key Buying CriteriaGuest Bloggers

• Authenticity • Delivery • Price• Service

Support

Parameter Details

Cost

Cost of maintenance plays an important role because the airlines choose the vendors which provides better services.

Regulatory Compliance Spare parts and components used in maintenance need to meet strict regulatory and airworthiness requirements.

Quality The parts and services delivered by MRO vendors should meet quality standards.

• Growth Forecasts?

• Market Analysis?

• Revenue Forecasts?

• Regional and Country level Analysis?

• Competitive Structure?

• Emerging Trends?

• Vendor Landscape?

• Other?

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Global Aircraft (Commercial and Military)

MRO Market 2015-2019

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