Aircraft Airframe MRO Market Research Report 2019 published By Market Research Future, provides information on Global Aircraft Airframe MRO Industry Size, Share, Trends, Growth and Opportunity Assessment with Regional Analysis and Segmentation 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 To 2023
Aircraft Airframe MRO Market – Market Overview
Aircraft airframe MRO is a complex process as it entails repair and upgrade of the wide body and narrow body aircrafts. Airframe MRO facilities are required to undertake tasks, which include corrosion prevention, control programs, and structure reinforcement among others. The wide body segment is expected to significantly drive the growth of airframe MRO segment.
The market is driven by various factors such as increased focus of OEMs on aircraft airframe MRO service and rapid aircraft fleet expansion. Also, the increased need for proper maintenance of engines & components, is driving the growth of the aircraft airframe MRO market.
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Key Players:
The leading market players in the global Aircraft Airframe MRO market primarily include:
- 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.)
- Sabena Technics (France)
Aircraft Airframe MRO Market – Competitive Analysis
The global aircraft airframe MRO market is characterized by the presence of many global, regional, and local vendors. The market is highly competitive with all the players competing to gain market share. Intense competition, rapid advances in technology, frequent changes in government policies, and environmental regulations are key factors that confront market growth. In addition, in-house aircraft maintenance capabilities, global footprint network, MRO offerings, R&D investments, and strong client base have become the key areas to gain an edge over the competitors.
The vendors compete based on cost, product quality, reliability, and aftermarket service. It is crucial for the vendors to provide cost-efficient and high-quality aircraft airframe MRO services, in order to survive and succeed in an intensely competitive market environment.
The growth of the market vendors is dependent on the market conditions, government support, and industry development. Thus, the vendors should focus on expanding geographically and improving services. The major companies in the market are competing in terms of availability, quality, price, and technology. They primarily focus on the implementation of lightweight materials, electric technologies, and robust systems. Although the international players are dominating the market, regional and foreign players with small market shares also have a presence. The international players may strengthen their presence worldwide through acquisitions during the forecast period.
Industry/ Innovation/ Related News:
AAR has committed to significantly increasing the volume of contracted component repairs with Air New Zealand. In a 10-year agreement, AAR designated Air New Zealand’s component center as its Asia Pacific MRO of choice. This is the latest example of AAR’s commitment to grow and strengthen its partnership with Air New Zealand, the country’s flag carrier airline.
AFI KLM E&M and Indian LCC IndiGo have signed a component support contract covering 30 ATR 72-600 aircraft, delivery of which is to begin in the near future. The array of services to be delivered by AFI KLM E&M includes repairs, dedicated pool access, provision of a Main Base Kit (MBK), and logistics support.
The AFI KLM E&M network now a new addition to its range of predictive maintenance solutions, in the shape of PROGNOS for APU. Designed, built and marketed by EPCOR, the Group subsidiary specializing in MRO services for Auxiliary Power Units (APUs), the new offering was officially launched at the beginning of September. Like its predecessors, PROGNOS for APU uses Big Data technologies to monitor the performance of APUs and predict faults, ultimately helping to rationalize maintenance work and avoid shop visits and excess costs for client airlines, a major competitive advantage.
Aircraft Airframe MRO Market – Segments
For the convenience of the report and enhanced understanding; The Aircraft Airframe MRO Market is segmented in to 4 key dynamics
Segmentation by Airframe Parts: Fuselage, Wing, Windows & Windshields, Doors, Elevator, and Others.
Segmentation by Aircraft Type: Narrow-body, Wide-body, and Others.
Segmentation by Application: Commercial Air Transport, Business and General Aviation, and Military Aviation.
Segmentation by Regions: Comprises Geographical regions – North America, Asia-Pacific, Europe, Middle East and Africa, and Latin America.
Aircraft Airframe MRO Market – Regional Analysis
Europe is one of the major regions for the global aircraft airframe MRO market. In 2016, there were over 4,500 aircraft in the region, and the number is expected to reach more than 8,000 fleets by 2035. Since Europe is home to Airbus, all the MRO activities for the planes of the company would be carried out by Europe-based companies such as Air France KLM and Lufthansa Technik, which are among the major companies in the market. With the increase in the number of aircraft, it is expected that there would be larger participation of the regional companies, in providing MRO services for the aircraft.
In 2016, North America was the second-largest region for the global aircraft MRO market. A number of the major MRO service providers such as Airbus and Honeywell, are present in the region, resulting in a high market share of the region. Moreover, it is expected that approximately 10,000 aircraft would be in service in the region by 2035, which would create an opportunity for the major and prominent companies of the region.
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Scope of Report
The report for Global Aircraft Airframe MRO Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Table of Contents:
1 Executive Summary
2 Research Methodology
2.1 Scope of the Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/value Chain Analysis
3.4 Porter’s Five Forces Analysis
Continued………
List of Tables
Table 1 Global Aircraft Airframe Mro Market, by Airframe Parts
Table 2 Global Aircraft Airframe Mro Market, by Aircraft Type
Table 3 Global Aircraft Airframe Mro Market, by Application
Table 4 Global Aircraft Airframe Mro Market, by Regions
Table 5 North America Aircraft Airframe Mro Market, by Airframe Parts
Table 6 North America Aircraft Airframe Mro Market, by Aircraft Type
Table 7 North America Aircraft Airframe Mro Market, by Application
Table 8 U.s. Aircraft Airframe Mro Market, by Airframe Parts
Continued……..
List of Figures
Figure 1 Research Methodology
Figure 2 Global Aircraft Airframe Mro Market: by Airframe Parts (%)
Figure 3 Global Aircraft Airframe Mro Market: by Aircraft Type (%)
Figure 4 Global Aircraft Airframe Mro Market: by Application (%)
Figure 5 Global Aircraft Airframe Mro Market: by Region
Figure 6 North America Aircraft Airframe Mro Market, by Airframe Parts (%)
Figure 7 North America Aircraft Airframe Mro Market, by Aircraft Type (%)
Continued………
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