Market Synopsis of Global Aircraft Engine MRO Market
The Global Aircraft Engine MRO Market is expected to grow at a CAGR of around 7% during 2016-2021. The key factors driving the growth are participation of engine OEMs in MRO industry, growing demand from emerging market, and growth in aircraft fleet and engines.
As per the MRFR analysis, factors restraining the market are challenges associated with the MRO of new composite material, and high custom duties and taxes, and increased threat from OEMs.
Emergence of additive manufacturing for MRO parts, introduction of mobile technology, and usage of radio-frequency identification (RFID) to improve efficiency are the ongoing trends which will impact the market during the forecast period.
Market Segmentation of Global Aircraft Engine MRO Market
- By Aircraft Type; Fixed Wing and Rotary Wing
- By Application; Commercial and Military
- By Geography
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Study Objectives of Global Aircraft Engine MRO Market
- To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the Global Aircraft Engine MRO Market
- To provide insights about factors affecting the market growth
- To analyses the Global Aircraft Engine MRO Market based on various factors- price analysis, supply chain analysis, porter’s five force analysis etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
- To provide country-level analysis of the market with respect to the current market size and future prospective
- To provide country-level analysis of the market for segment by aircraft type and application.
- To provide strategic profiling of key players in the market, comprehensively analysing their core competencies, and drawing a competitive landscape for the market
- To track and analyses competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Aircraft Engine MRO Market
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Some of the key players in the Global Aircraft Engine MRO Market are
- Delta TechOps
- GE Aviation
- Honeywell Aerospace
- Pratt & Whitney Division
- Rolls Royce
- Eagle Services Asia
- Evergreen Technologies
- Hong Kong Aero Engine Services
- MTU Maintenance
- Singapore Aero Engine Service
- Aircraft Engine MRO Vendors
- Component Suppliers
- Potential Investors
- Key executive (CEO and COO) and strategy growth manager
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Regional and Country Analysis of Global Aircraft Engine MRO Market
As per the MRFR analysis, the APAC region will continue its dominance in the forecast period to reach billions, to grow at a CAGR of 9%. Whereas, EMEA and Americas will grow at a CAGR of 7% respectively during the forecast period.
The Report Also Covers Country Level Analysis:
- Americas (North & Latin)
- Rest of Europe
- Asia – Pacific
- Australia/New Zealand
- Rest of Asia-Pacific
- Middle East & Africa
- Rest of Middle East & Africa
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