Air Transport USM Market is Forecasted to Reach US$ 9.5 Billion in 2027, Says Stratview Research

Stratview Research, a global market research firm, has launched a report on the global  Air Transport USM Market  which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:

https://www.stratviewresearch.com/Request-Sample/2739/air-transport-USM-market.html#form     

Market Statistics:

Market Size in 2027: US$ 9.5 billion

Growth (CAGR): 4.1% during 2022-2027

Leading Aircraft Type: Wide-body aircraft

Leading Product Type: Engine

Leading Region: Asia-Pacific

Forecast Period: 2022-2027

Trend Period: 2016-2020

Base Year: 2021

Number of Segments Covered: 3

Number of Tables & Graphs: 100+

Country-Level Market Assessment: 20

Segment Insights & Market Share Analysis of the Air Transport USM Market:

The global Air Transport USM Market is segmented based on Aircraft type, Product type, Construction type and region.

Based on Aircraft Type

Based on the aircraft type, the aircraft USM market is segmented as narrow-body aircraft, wide-body aircraft, turboprop, and regional aircraft. After being impacted by the pandemic, the wide-body aircraft is expected to rebound at the fastest pace in the market during the forecast period, owing to the gradual opening up of long-haul travel coupled with increasing preference for more efficient wide-body aircraft programs, such as A350 and B787, by replacing older A330ceos and B777s with them. In addition, airlines will be laser-focused on decreasing material costs as air travel resumes. With USM becoming a more acceptable lower-cost alternative to new OEM components, substantial demand for USM is projected in the sector, especially in the near future.

Based on Product Type

Based on the product type, the market is segmented as engine, components, and airframe. Engine is expected to remain the dominant as well as the fastest-growing product type in the market during the forecast period, mainly due to increasing demand from engine MROs for wide-body engine parts.

To know the most attractive segments, click here for a free sample of the report:

https://www.stratviewresearch.com/Request-Sample/2739/air-transport-USM-market.html#form  

Which region shows the most promising growth forecast and opportunity?

The analysis suggests that Asia-Pacific is expected to remain the largest market for air transport USMs during the forecast period. This growth outlook is mainly attributed to the following:

Asia-Pacific is expected to remain the largest market for air transport USMs during the forecast period, owing to its largest fleet size. Emerging economies in Asia have seen the fastest fleet expansion for several years, which will eventually make the region a market leader

Likewise, North America is also likely to create sizeable opportunities in the coming five years, driven by the macroeconomic recovery that will affect both, leisure and business travel markets.

Air Transport USM Market Drivers:

Some of the key drivers listed in the report are given below.

·      Rising demand for cost-effective aircraft maintenance and parts replacement.

·      Increasing retirement and dismantling of older aircraft fleets.

·      Expansion of global commercial aviation and passenger traffic.

·      Growth in MRO activities and aftermarket service networks.

·      Regulatory support for certified used parts to ensure airworthiness.

Competitive Landscape: Top 10 Companies in the Air Transport USM Market:

The market is moderately fragmented, with over 20 players. Most of the major players compete on some of the governing factors, including price, service offerings, regional presence, etc. Stratview Research has identified the following companies as the top market players:

·      GA Telesis, LLC

·      AAR Corp.

·      The Boeing Company (formerly Aviall Services, Inc.)

·      Liebherr Aerospace

·      GE Aviation

·      Pratt & Whitney (Division of Raytheon Technologies Corporation)

·      A J Walter Aviation Limited

·      Lufthansa Technik AG

·      Delta Material Services, LLC

·      AerSale, Inc.

What Unique Insights Does This Report Offer?

This report provides comprehensive insights into the data center liquid cooling market, answering critical questions like

-       How big is the sales opportunity?

-       Which regions offer the best sales opportunities?

-       Which are the most attractive market segments?

-       Which are the top players and their market positioning?

-       How complex is the business environment?

-       What are the factors affecting the market?

For Customization or Any Other Queries, get in Touch with our industry experts at sales@stratviewresearch.com

Related Reports:

·       Aerospace & Defense Ice and Rain Protection System Market 

·      Aerospace Vibration and Noise Control System Market

You may also like:

·      waterproofing sheet membrane market

·      industrial power transmission belt market

·      industrial gas cylinders market

About us –

Stratview Research is a global market research and consulting firm that highly specializes in IT & telecom, aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to make convincing business decisions.

Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.

Are you looking for any specific data customized to your objectives? We are just an email away.

Stratview Research

E-mail: sales@stratviewresearch.com

Direct: +1-313-307-4176