Global Commercial Aerospace MRO

(Maintenance, Repair & Overhaul) Market: Size,

Trends & Forecasts(2019-2023)

April 2019

Global Commercial Aerospace MRO Market: Coverage

Executive Summary and Scope

Introduction/Market Overview

Global Market Analysis

Regional Market Analysis

Dynamics

Competitive Landscape

Company Profiling

Global Commercial Aerospace MRO (Maintenance, Repair & Overhaul) Market: Coverage

Attributes Details

Title Global Commercial Aerospace MRO (Maintenance, Repair & Overhaul) Market: Size, Trends & Forecasts (2019-2023)

Coverage Global and Regional

Regional Coverage North America, Western Europe, Asia Pacific, Middle East, China, Latin America, Eastern Europe, Africa & India

Market Influencing Variables Growth Drivers, Challenges, Market Trends

Forecast Period of Market 2019-2023

Competition in the Market Fragmented

Key Players AAR Corp., ST Engineering (ST Aerospace), Deutsche Lufthansa AG (Lufthansa Technik AG) and Airbus SE (Airbus SAS)

Scope of the Report

Global Commercial Aerospace MRO Market

Aerospace the term is derived from the words aeronautics and spaceflight. The aerospace industry performs regular checks on research,development & manufacturing of aircrafts inclusive of unpowered gliders & sailplanes, airships, missiles, spacecraft etc.

Maintenance, repair and overhaul (MRO) of an aircraft is a process involving repairing, welding, plating or testing services carried by agroup of technical, administrative, managerial and supervision actions. The MRO service providers are categorized as in-house airlineMRO, third party airline MRO, OEM-affiliated MRO etc.

MRO services are common for aerospace maintenance, as aerospace industry conducts consistent research on designing, maintenance andmanufacturing of aircrafts, as the scope of the aerospace industry is very wide with a variety of commercial, military & industrial aircraftsthat are operating in the earth’s atmosphere as well as in space.

The global commercial aerospace MRO market has observed constant growth in the past few years and projections are made that in theforecasted period (2019-2023) the market would propel with a steady growth rate. The global commercial aerospace MRO market wouldbe supported by the growth drivers such as increasing number of fleets, growth in urban population, budding developing countrieseconomy, growing tourism, increasing low cost carrier (LCC) penetration and mandatory maintenance programme for ageing aircrafts.However growth of global commercial aerospace MRO market is being hindered by various challenges. Some of the eminent challengesfaced by the market are fluctuating fuel cost, CO2 emission from aviation etc.

Executive Summary

Commercial Aerospace MRO (Maintenance, Repair & Overhaul) Market: Global Analysis

Global Aerospace MRO Market by Value

The global commercial aerospace MRO market, valued at US$.... billion in 2018, increased as compared to US$... billion in 2017. The global commercial aerospace MRO market is anticipated to reach up to US$... billion by 2023 from US$... billion in 2019 at a CAGR of xx%.

CAGRs

2019-2023 xx%

2017 2018

US

$ B

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2019 2020 2021 2022 2023

US

$ B

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Commercial Aerospace MRO (Maintenance, Repair & Overhaul) Market: Global Analysis

Segments Share CAGR(2019-2023)

Engine xx% xx%

Airframe xx% xx%

Component xx% xx%

Line xx% xx%

Global Commercial Aerospace MRO Market by Region; 2018

Global Commercial Aerospace MRO Market by Segments; 2018

Regions Share CAGR(2019-2023)

North America xx% xx%

Western Europe xx% xx%

Asia Pacific xx% xx%

Middle East xx% xx%

China xx% xx%

Latin America xx% xx%

Eastern Europe xx% xx%

Africa xx% xx%

India xx% xx%

Commercial Aerospace MRO (Maintenance, Repair & Overhaul) Market: Regional Analysis

North America Commercial Aerospace MRO Market by Value Western Europe Commercial Aerospace MRO

Market by Value

Region CAGR

2019-2023

North America xx%

Western Europe xx%

Middle East xx%

2019 2020 2021 2022 2023

US

$ B

illio

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2019 2020 2021 2022 2023

US

$ B

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Middle East Commercial Aerospace MRO Market by Value

2019 2020 2021 2022 2023

US

$ B

illio

n

Commercial Aerospace MRO (Maintenance, Repair & Overhaul) Market: Regional Analysis

Asia Pacific Commercial Aerospace MRO Market by Value

Region CAGR

2019-2023

Asia Pacific xx%

China xx%

India xx%

China Commercial Aerospace MRO Market by Value

2019 2020 2021 2022 2023

US

$ B

illio

n

2019 2020 2021 2022 2023

US

$ B

illio

n2019 2020 2021 2022 2023

US

$ B

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India Commercial Aerospace MRO Market by Value

Commercial Aerospace MRO (Maintenance, Repair & Overhaul) Market: Dynamics

Growth Driver

•Increasing Number of Fleets

•Increasing Low Cost Carrier Penetration

Challenges

•Fluctuating Fuel Cost

•CO2 Emission from Aviation

Market Trends

•Implementation of More-Electric Aircraft

•Modernization of SWaP-C Concept

Commercial Aerospace MRO (Maintenance, Repair & Overhaul) Market: Competitive Landscape

• AAR Corp.

• ST Engineering (ST Aerospace)

• Deutsche Lufthansa AG (Lufthansa Technik AG)

• Airbus SE (Airbus SAS)

Players Profiled