The global commercial aircraft MRO market is expected to grow in future due to increasing air craft fleet size. For more mail: vikas@konceptanalytics.com
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Global Commercial Aircraft MRO Market (Maintenance, Repair & Overhaul): Industry Analysis & Outlook (2018-2022)
1. Global Commercial Aircraft MRO Market
(Maintenance, Repair & Overhaul ):
Industry Analysis & Outlook
-----------------------------------------
(2018-2022)
Industry Research by Koncept Analytics
1
January 2018
Global Commercial Aircraft MRO Market (Maintenance, Repair & Overhaul ):
Industry Analysis & Outlook (2018-2022)
2. Executive Summary
2
Global Commercial Aircraft MRO Market (Maintenance, Repair & Overhaul ):
Industry Analysis & Outlook (2018-2022)
Commercial aviation involves transportation of passengers and cargo through an operating aircraft. Demand for
air travel is increasing every year due to its various advantages such as less time consumption, comfort and
hence, the fleet size is experiencing a significant growth every year. In-service fleet of commercial aircraft can
be classified under four classes that include narrow-body aircraft, wide-body aircraft, regional jet and turboprop
aircraft.
Regionally, Asia-Pacific is a major contributor to the global commercial Aircraft MRO market, supported by high
demand for MRO services for wide-body aircrafts. Europe and North America are not likely to see any
noteworthy growth in their commercial aircraft MRO markets in the coming years.
The global commercial aircraft MRO market is expected to grow in future due to increasing air craft fleet size,
decreasing annual aircraft retirements, growing traffic of airline scheduled passengers, increasing disposable
income. Key trends of this market include decreasing jet fuel prices and growing participation of OEMS in MRO
industry. However, there are some factors which can hinder the market growth including lack of trained MRO
technicians and rapid technological changes.
The report “Global Commercial Aircraft MRO Market: Industry Analysis & Outlook (2018-2022)” by Koncept
Analytics provides an extensive research and detailed analysis of the present market along with future outlook.
The report discusses the major growth drivers and challenges of the market, covering Asia-Pacific, the U.S. and
Europe regions along with the global market. The report profiles the key players of the market including
General Electric, United Technologies Corporation, ST Engineering and Lufthansa Group.
3. Growth of global commercial aircraft MRO market is likely to be driven by growing size of
commercial aircraft fleet, decreasing jet fuel prices and increasing airline profitability…
3
Global Commercial Aircraft MRO Market (Maintenance, Repair
& Overhaul ): Industry Analysis & Outlook (2018-2022)
• Global commercial aircraft MRO market is expected to
reach US$.. billion in the year 2022, increasing from
US$.. billion in the fiscal year 2017 at a CAGR of ..%.
• In 2017, engine and airframe segments held respective
shares of ..% and ..% in global commercial aircraft MRO
market.
• Narrow-body aircraft contributed a share of ..% to the
global commercial aircraft MRO market in 2017,
followed by wide-body aircraft with a share of ..%.
Global Commercial Aircraft MRO Market by Type (2017/2022)
Global Commercial Aircraft MRO Market Forecast by Value (2017-
2022)
Global Commercial Aircraft MRO Market by Aircraft Class
(2017)
4. Growth of Asia-Pacific commercial aircraft MRO Market is expected to be driven by increasing
demand of MRO service for wide-body aircrafts, improving infrastructure and economic growth…
4Global Commercial Aircraft MRO Market (Maintenance, Repair
& Overhaul ): Industry Analysis & Outlook (2018-2022)
• In 2017, Asia-Pacific held a major share of ..% in the
global commercial aircraft MRO market, followed by
Europe with a share of %.
• In 2022, Asia-Pacific commercial aircraft MRO market is
expected to reach US$.. billion, increasing from US$..
billion in 2017.
• In year 2022, European commercial aircraft MRO
market is expected to reach US$.. billion, increasing
from US$.. billion in 2017, at a CAGR of ..%.
Asia-Pacific Commercial Aircraft MRO Market Forecast by Value (2017-2022)
Global Commercial Aircraft MRO Market Forecast by Region (2017/2022)
Europe Commercial Aircraft MRO Market Forecast by Value (2017-
2022)
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