Global Aircraft Airframe MRO Market By Airframe Parts (Fuselage, Wing, Windows Windshields, Doors, Elevator, and Others), By Aircraft Type (Narrow-Body, Wide-Body, and Others), By Application (Commercial Air Transport, Business and General Aviation, and Military Aviation) And Region (North America, Asia-Pacific, Europe, Middle East and Africa, and Latin America)—Forecast till 2025
The global market is expected to grow at a CAGR of approximately 4%, during the forecast period 2017 to 2023.
The aircraft airframe consists of some crucial flight control systems that are important for the aircraft operations such as take-off and landing, by providing high pitch and roll. Therefore, it is very important for the aircraft operators to ensure high efficiency or productivity of these systems. The major factors driving the global aircraft airframe MRO market are rapid fleet expansion and outsourcing of airframe MRO. The expansion of the existing commercial aircraft fleet and the increasing needs for airframe maintenance would result in increased MRO activities, during the forecast period.
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Market Research Analysis:
The North-American region is expected to dominate the aircraft airframe MRO market, throughout the forecast period, which can be attributed to the presence of the major players in the market such as AAR Corp. and Aviation Technical Services along with the prominent/emerging companies such as Aeroman, Mexicana MRO, and Flightstar.
Concurrently, the Asia-Pacific region is expected to be the fastest growing region in the aircraft airframe MRO market. The region is emerging in the long-haul international market and it is dependent on the small and medium wide-body aircraft. Owing to this, many airline operators such as Indigo, Tigerair Singapore, Tigerair Australia, and Air Asia have been entering into service, over the years. Moreover the presence of companies such as HAECO, ST Aerospace, and GAMECO in the region act as a catalyst, stimulating the market growth.
Scope of the Report:
This study provides an overview of the global Aircraft Airframe MRO Market, tracking three market segments across four geographic regions. The report studies key players, providing a six-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC), Middle East and Africa, and Latin America. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global aircraft airframe MRO market by its airframe parts, aircraft types, application, and region.
By Airframe Parts
- Windows Windshields
By Aircraft type
- Commercial Air Transport
- Business and General Aviation
- Military Aviation Military
- North America
- Asia Pacific
- Middle East and Africa
- Latin America
The key players of the global aircraft airframe MRO market are Air France KLM Engineering Maintenance (France), Singapore Technologies Aerospace (Singapore), HAECO (Hong Kong), AAR Corp. (U.S.), Lufthansa Technik AG (Germany), GAMECO (China), Turkish Technic Inc. (Turkey), Evergreen Aviation Technologies (EGAT) (Taiwan), Aviation Technical Services (U.S.), and Sabena Technics (France). In 2016, these companies accounted for a share of XX% of the global market.
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