In the aerospace industry, aircraft MRO has become an essential component to ensure that fleets are airworthy and safe to transport passengers. Regular MRO helps to extend the life of airline fleet. MRO companies provide services, such as repairs, inspections, routine checks, and overhaul of aircraft.
Factors, such as aircraft utilization, global fleet size, and air traffic volumes, help increase the demand for aircraft MRO. Based on the type of maintenance, the global narrow-body aircraft MRO market is classified into five segments: airframe, line, engine, component maintenance, and modifications.
Air travel in developing countries is growing, thus, increasing the demand for aircraft maintenance services. Aircraft Maintenance, Repair, Overhaul (MRO) is crucial for sustaining the lifespan of narrowbody aircraft and assuring the crashworthiness of an aircraft. It consists of maintenances, overhauls, routine checks, repairs, and modifications disbursed on narrowbody aircraft and their elements. Many new maintenance and service centers have been set up in numerous countries in recent years. This increases the participation of regional manufacturers and tier-1 suppliers in the field of aircraft MRO. Moreover, the growing international trade between countries has increased the travel frequencies of cargo planes. Thus, it is essential to conduct timely checks or repairs of airplanes to ensure efficient performance and safe air travel.
In 2018, the global Narrowbody Aircraft MRO market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Narrowbody Aircraft MRO status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Narrowbody Aircraft MRO development in United States, Europe and China.
The key players covered in this study
GE
Honeywell
Lufthansa Technik,
Pratt & Whitney
Rolls-Royce
Air Works
Jet Maintenance Solutions
GMF AeroAsia
Market segment by Type, the product can be split into
Airframes & Modifications
Components
Engines and Line Maintenance
Market segment by Application, split into
Commerical
Government
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 Narrowbody Aircraft MRO status, future forecast, growth opportunity, key market and key players.
To present the Narrowbody 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 Narrowbody Aircraft MRO are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Narrowbody Aircraft MRO. Industry analysis & Market Report on Narrowbody Aircraft MRO is a syndicated market report, published as Global Narrowbody Aircraft MRO Market Size, Status and Forecast 2019-2025. It is complete Research Study and Industry Analysis of Narrowbody Aircraft MRO market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.