Aerospace Industry Today
Global Aircraft MRO Market 2018 Size, Development Status, Type and Application, Segmentation, Forecast by 2025
Aircraft MRO Market:
Executive Summary
This report focuses on the global Aircraft MRO status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Aircraft MRO development in United States, Europe and China.
Aircraft MRO is the description of maintenance repair and overhaul to aircraft, maintenance, repair and overhaul (MRO) is a key activity in the lifecycle of aircraft. Because of the typically long operational lifetimes expected from these costly assets, MRO is necessary to maintain these systems in a safe and functional condition, so that they can fulfill the operational role that they were designed for.
The market size of aircraft MRO is related to downstream demand and global economy. As there will always be some uncertainties in the global economy in the following years, the growth rate of aircraft MRO market might not keep that fast. But it is surely forecasted that the market of aircraft is still promising.
The global aircraft MRO industry markets mainly concentrate in North America, Europe and China, Singapore and Korea. North America's revenue accounted for the highest market share (41%) in 2017, followed by Europe.
These companies tend to compete against each other globally to supply most of the largest aircraft MRO markets. In many markets, these leading global firms also face competition from local players.
The global market of aircraft MRO has mainly been driven by its downstream industry, the strong growth of the fleet in the last decade. Economic investment and national policies are also the main growth catalysts for the market.
Despite the presence of competition and brand effect problems, due to the awareness of end-users and their demand for high end products, investors are still optimistic about this area. There will be more new investors entering into this industry in the future. The manufacturers who want to occupy the market must depend on market mechanism reform, core technology improvement, manufacturing equipment innovation, and brand establishment.
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In 2017, the global Aircraft MRO market size was 117700 million US$ and it is expected to reach 153900 million US$ by the end of 2025, with a CAGR of 3.4% during 2018-2025.
The key players covered in this study
- Lufthansa Technik
- GE Aviation
- AFI KLM E&M
- ST Aerospace
- MTU Maintenance
- AAR Corp.
- Rolls-Royce
- SR Technics
- SIA Engineering
- Delta TechOps
- Haeco
- JAL Engineering
- Ameco Beijing
- TAP M&E
- ANA
- British Airways Engineering
- Korean Air
- Iberia Maintenance
Market segment by Type, the product can be split into
- Engine Maintenance
- Components Maintenance
- Airframe Heavy Maintenance
- Line Maintenance Modification
Market segment by Application, split into
- Commercial
- Military
Market segment by Regions/Countries, this report covers
- United States
- Europe
- China
- Japan
- Southeast Asia
- India
- Central & South America
The study objectives of this report are:
- To analyze global Aircraft MRO status, future forecast, growth opportunity, key market and key players.
- To present the Aircraft MRO development in United States, Europe and China.
- To strategically profile the key players and comprehensively analyze their development plan and strategies.
- To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Aircraft MRO are as follows:
- History Year: 2013-2017
- Base Year: 2017
- Estimated Year: 2018
- Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Table of Contents
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.4.1 Global Aircraft MRO Market Size Growth Rate by Type (2013-2025)
1.4.2 Engine Maintenance
1.4.3 Components Maintenance
1.4.4 Airframe Heavy Maintenance
1.4.5 Line Maintenance Modification
1.5 Market by Application
1.5.1 Global Aircraft MRO Market Share by Application (2013-2025)
1.5.2 Commercial
1.5.3 Military
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Aircraft MRO Market Size
2.2 Aircraft MRO Growth Trends by Regions
2.2.1 Aircraft MRO Market Size by Regions (2013-2025)
2.2.2 Aircraft MRO Market Share by Regions (2013-2018)
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Opportunities
3 Market Share by Key Players
3.1 Aircraft MRO Market Size by Manufacturers
3.1.1 Global Aircraft MRO Revenue by Manufacturers (2013-2018)
3.1.2 Global Aircraft MRO Revenue Market Share by Manufacturers (2013-2018)
3.1.3 Global Aircraft MRO Market Concentration Ratio (CR5 and HHI)
3.2 Aircraft MRO Key Players Head office and Area Served
3.3 Key Players Aircraft MRO Product/Solution/Service
3.4 Date of Enter into Aircraft MRO Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type and Application
4.1 Global Aircraft MRO Market Size by Type (2013-2018)
4.2 Global Aircraft MRO Market Size by Application (2013-2018)
…
12 International Players Profiles
12.1 Lufthansa Technik
12.1.1 Lufthansa Technik Company Details
12.1.2 Company Description and Business Overview
12.1.3 Aircraft MRO Introduction
12.1.4 Lufthansa Technik Revenue in Aircraft MRO Business (2013-2018)
12.1.5 Lufthansa Technik Recent Development
12.2 GE Aviation
12.2.1 GE Aviation Company Details
12.2.2 Company Description and Business Overview
12.2.3 Aircraft MRO Introduction
12.2.4 GE Aviation Revenue in Aircraft MRO Business (2013-2018)
12.2.5 GE Aviation Recent Development
12.3 AFI KLM E&M
12.3.1 AFI KLM E&M Company Details
12.3.2 Company Description and Business Overview
12.3.3 Aircraft MRO Introduction
12.3.4 AFI KLM E&M Revenue in Aircraft MRO Business (2013-2018)
12.3.5 AFI KLM E&M Recent Development
12.4 ST Aerospace
12.4.1 ST Aerospace Company Details
12.4.2 Company Description and Business Overview
12.4.3 Aircraft MRO Introduction
12.4.4 ST Aerospace Revenue in Aircraft MRO Business (2013-2018)
12.4.5 ST Aerospace Recent Development
12.5 MTU Maintenance
12.5.1 MTU Maintenance Company Details
12.5.2 Company Description and Business Overview
12.5.3 Aircraft MRO Introduction
12.5.4 MTU Maintenance Revenue in Aircraft MRO Business (2013-2018)
12.5.5 MTU Maintenance Recent Development
12.6 AAR Corp.
12.6.1 AAR Corp. Company Details
12.6.2 Company Description and Business Overview
12.6.3 Aircraft MRO Introduction
12.6.4 AAR Corp. Revenue in Aircraft MRO Business (2013-2018)
12.6.5 AAR Corp. Recent Development
12.7 Rolls-Royce
12.7.1 Rolls-Royce Company Details
12.7.2 Company Description and Business Overview
12.7.3 Aircraft MRO Introduction
12.7.4 Rolls-Royce Revenue in Aircraft MRO Business (2013-2018)
12.7.5 Rolls-Royce Recent Development
12.8 SR Technics
12.8.1 SR Technics Company Details
12.8.2 Company Description and Business Overview
12.8.3 Aircraft MRO Introduction
12.8.4 SR Technics Revenue in Aircraft MRO Business (2013-2018)
12.8.5 SR Technics Recent Development
12.9 SIA Engineering
12.9.1 SIA Engineering Company Details
12.9.2 Company Description and Business Overview
12.9.3 Aircraft MRO Introduction
12.9.4 SIA Engineering Revenue in Aircraft MRO Business (2013-2018)
12.9.5 SIA Engineering Recent Development
12.10 Delta TechOps
12.10.1 Delta TechOps Company Details
12.10.2 Company Description and Business Overview
12.10.3 Aircraft MRO Introduction
12.10.4 Delta TechOps Revenue in Aircraft MRO Business (2013-2018)
12.10.5 Delta TechOps Recent Development
12.11 Haeco
12.12 JAL Engineering
12.13 Ameco Beijing
12.14 TAP M&E
12.15 ANA
12.16 British Airways Engineering
12.17 Korean Air
12.18 Iberia Maintenance
Continuous…
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