Commercial Aircraft MRO Market Segmented by MRO Services, Service Provider, Aircraft, Geography Trends and Forecasts to 2026

The global commercial aircraft MRO market is anticipated to grow at a commendable pace, on account of the rising number of air passengers and increasing production as well as deliveries of aircrafts. The development of low-cost carriers has enabled increased affordability, leading to rising sales of inexpensive flight tickets for various routes across the globe. Moreover, various regulatory authorities are also focusing on introducing strict reforms regarding the aircraft’s suitability for a safe flight. This factor along with growing demand for low maintenance aircrafts for long duration flights and rising capita per income are driving the market growth.

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As per MRO service type, the components segment is expected to hold 20% share in the overall commercial aircraft MRO market by the year 2026. Rising adoption of components such as electricals, landing gear, fuel systems and wheels & brakes has increased the frequency of component wear and tear which in turn may negatively impact the aircraft performance. In order to avoid the same, component manufacturers are providing long term service packages to consumers in order to ensure efficient and effective servicing without any delays, which is likely to bolster the segmental growth.

According to estimates, the independent service provider segment is presumed to hold 60% share by the year 2026. These type of service providers not only offer business flexibility but also provide with varied overhaul service, repair and maintenance alternatives. Adding to this, independent service providers offer superior machinery, equipment and tools as well as high skilled technicians, thereby aiding the business scenario.

In terms of aircraft type, the regional jets segment will witness a growth rate of 4.8% during the period of 2020-2026. This type of aircraft is ideal for connecting carrier hubs and airports. Furthermore, various aircraft manufacturers are focusing on R&D activities in order to develop lightweight materials and advanced technologies, which in turn is contributing towards popularity of regional jets across the globe.

Asia Pacific will likely dominate global commercial aircraft MRO market with a revenue share of more than 27% during the projected timeframe. Robust expansion of the tourism sector along with a growing introduction of low-cost carriers is driving the regional growth. Strong presence of multiple airlines in the region operating over a wide range of flight routes across major countries will further augment APAC commercial aircraft MRO market share.

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Latin America commercial aircraft MRO market is estimated to witness a CAGR of 4.9% through 2026. This can be mainly associated with proliferation of the tourism sector along with a substantial rise in air passenger travel.

Some Points From Table Of Content: –

Chapter 5.    Commercial Aircraft MRO Market, By Service Provider

5.1.    Global commercial aircraft MRO market, service provider insights

5.2.    OEM

5.2.1. Global market estimates and forecasts, 2016 – 2026

5.2.2. Market estimates and forecast, by region, 2016 – 2026

5.3.    Operator/Airline In-House

5.3.1. Global market estimates and forecasts, 2016 – 2026

5.3.2. Market estimates and forecast, by region, 2016 – 2026

5.4.    Airline Third Party

5.4.1. Global market estimates and forecasts, 2016 – 2026

5.4.2. Market estimates and forecast, by region, 2016 – 2026

5.5.    Independent

5.5.1. Global market estimates and forecasts, 2016 – 2026

5.5.2. Market estimates and forecast, by region, 2016 – 2026

Chapter 6.    Commercial Aircraft MRO Market, By Aircraft

6.1.    Global commercial aircraft MRO market, aircraft insights

6.2.    Narrowbody

6.2.1. Global market estimates and forecasts, 2016 – 2026

6.2.2. Market estimates and forecast, by region, 2016 – 2026

6.3.    Widebody

6.3.1. Global market estimates and forecasts, 2016 – 2026

6.3.2. Market estimates and forecast, by region, 2016 – 2026

6.4.    Regional Jet

6.4.1. Global market estimates and forecasts, 2016 – 2026

6.4.2. Market estimates and forecast, by region, 2016 – 2026

6.5.    Turboprop

6.5.1. Global market estimates and forecasts, 2016 – 2026

6.5.2. Market estimates and forecast, by region, 2016 – 2026

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Commercial Aircraft MRO Market Size, Status and Outlook 2020 to 2026

Commercial Aircraft MRO

The report titled “Commercial Aircraft MRO Market” has recently added by MarketInsightsReports to get a stronger and effective business outlook. It provides an in-depth analysis of different attributes of industries such as trends, policies, and clients operating in several regions. The qualitative and quantitative analysis techniques have been used by analysts to provide accurate and applicable data to the readers, business owners and industry experts.

In 2019, the global Commercial Aircraft MRO market size was US$ 55240 million and it is expected to reach US$ 69990 million by the end of 2026, with a CAGR of 3.4% during 2021-2026.

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Top Companies in the Global Commercial Aircraft MRO Market: Lufthansa Technik, GE Aviation, AFI KLM E&M, ST Aerospace, MTU Maintenance, AAR Corp., Rolls-Royce, SR Technics (Mubadala Aerospace), SIA Engineering, Delta TechOps, Haeco, JAL Engineering, Ameco Beijing, TAP M&E, ANA, British Airways Engineering, Korean Air, Iberia Maintenance and other

Global Commercial Aircraft MRO Market Split By Product Type And Applications:

This report segments the global Commercial Aircraft MRO Market on the basis of Types are:

Engine Maintenance
Components Maintenance
Airframe Heavy Maintenance
Line Maintenance Modification

On the basis of Application, the Global Commercial Aircraft MRO Market is segmented into:

Air Transport

Regional Analysis For Commercial Aircraft MRO Market:

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia and Italy)

Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

South America (Brazil, Argentina, Colombia etc.)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Influence of the Commercial Aircraft MRO Market report:

-Comprehensive assessment of all opportunities and risk in the Commercial Aircraft MROMarket.

Commercial Aircraft MRO Market recent innovations and major events.

-Detailed study of business strategies for growth of the Commercial Aircraft MRO Market -leading players.

-Conclusive study about the growth plot of Commercial Aircraft MRO Market for forthcoming years.

-In-depth understanding of Commercial Aircraft MRO Market -particular drivers, constraints and major micro markets.

-Favourable impression inside vital technological and market latest trends striking the Commercial Aircraft MROMarket.

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Significant Features that are under Offering and Key Highlights of the Reports:

  • Detailed overview of Commercial Aircraft MRO Market
  • Changing Commercial Aircraft MRO market dynamics of the industry
  • In-depth market segmentation by Type, Application etc.
  • Historical, current and projected Commercial Aircraft MRO market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape of Commercial Aircraft MRO Market
  • Strategies of key players and product offerings
  • Potential and niche segments/regions exhibiting promising growth.

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