Global Widebody Aircraft MRO Market 2015-2019

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Global Widebody Aircraft MRO Market 2015-2019

The report discusses the following in-depth:

• Market Size and Forecast

• Market Segmentation

• Market Highlights

• Vendor Landscape

• Business Segmentation

• Geographical Segmentation

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Global Widebody Aircraft MRO Market 2015-2019,

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Key Trends

Technavio’s Senior Analyst says, “Integrating data analytics and business intelligence with MRO has enabled MRO vendors to better connect with their customers. Continued innovation in manufacturing technologies also enables them to provide better services and improve the cost- and fuel-efficiency of aircraft.”

• Aircraft MRO is crucial for sustaining and extending the life of widebody aircraft. It consists of maintenances, overhauls, routine checks, repairs, and modifications carried out on widebody aircraft and their components. MRO services assure the safety and airworthiness of the aircraft. Commercial aircraft MRO includes engine overhaul, component MRO, line maintenance, and heavy maintenance.

• Technavio's analysts forecast the global widebody aircraft MRO market to grow at a CAGR of 4.14% over the period 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 Widebody Aircraft 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 Widebody Aircraft MRO Market 2015-2019

GE Aviation

Honeywell Aerospace

Lufthansa Technik

GE Aviation was founded in 1949 and is headquartered in Cincinnati, Ohio, US. The company provides jet engine components and integrated systems for commercial and military aircraft. It also provides aftermarket services to support its products worldwide.

Honeywell Aerospace supplies aircraft engines, integrated avionics, systems and service solutions, and related products and services for aircraft manufacturers, airlines, aircraft operators, military services, and defense and space contractors.

Lufthansa Technik was established in 1994 and is headquartered in Hamburg, Germany. It offers maintenance, repair, overhaul, and modification services for the civil aviation industry worldwide. The company operates as a subsidiary of Lufthansa AG.

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Market Landscape

• The growing demand for in-flight comfort and services has led MRO providers to work on structural modifications of aircraft, including the instalment of lightweight seats and winglets, and the design of cabin interiors.

• In 2015, Scandinavian Airlines signed a one-year agreement worth $15 million with SR Technics for cabin modifications in the airline's wide-body Airbus A340.

• The contract covers the instalment of galleys, in-flight entertainment, and in-seat power systems, and the replacement of seats in the business, premium economy, and economy classes.

• The imposition of high import duties and value-added taxes on aircraft spare parts in many countries hinders the free trade of these parts.

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Key Market HighlightsGuest Bloggers

• Authenticity • Delivery • Price• Service

Support

• Rapid advances in mobile technologies and devices have allowed for the integration of mobile-based solutions with MRO operations.

• These solutions are expected to maximize effectiveness and minimize process complexity.

• Japan Airlines, for instance, has introduced the use of Google Glass for inspections during maintenance processes.

• Technicians and engineers wear the glasses during their MRO work on the aircraft or the tarmac.

• Images or video of the aircraft parts at the work site are relayed in real-time to maintenance specialists, who provide feedback to the engineer onsite.

• Growth Forecasts?

• Market Analysis?

• Revenue Forecasts?

• Regional and Country level Analysis?

• Competitive Structure?

• Emerging Trends?

• Vendor Landscape?

• Other?

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Global Widebody Aircraft MRO Market 2015-2019

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