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Commercial Aircraft MRO Market Share
- Report ID: GMI3045
- Published Date: Aug 2021
- Report Format: PDF
Commercial Aircraft MRO Market Share
Global market players majorly focus on the development and expansion of their technologies and service portfolio to enhance business capabilities and cater to the rising demand. Strategic partnerships and enhancement of the product landscape are key initiatives in the global industry. Some of the key manufacturers include:
- Airbus
- Boeing Company
- AAR Corporation
- Bombardier Inc
- Embraer S.A
- Delta TechOps
- General Dynamics Corp
- Hong Kong Aircraft Engineering Company (HAECO) Ltd
- GE Aviation
- Honeywell Aerospace
- Lufthansa Technik AG
- Rolls-Royce plc
- MTU Aero Engines AG
- Safran SA.
Frequently Asked Questions (FAQ) :
Market size of commercial aircraft MRO surpassed USD 70 billion in 2020 and will observe a CAGR of over 4.9% through 2027.
Engine MRO services segment will capture revenue share of over 35% by 2027 as they offer wide range of maintenance and depot maintenance services.
Independent service providers segment will account for about USD 60 billion valuation by 2027 as these companies provide various services like maintenance inspections, landing gear services, etc. for a diverse range of aircraft.
Narrowbody aircraft segment will generate USD 55 billion revenue through 2027 owing to rising demand for these aircrafts driven by increasing domestic air travel.
APAC market will observe a CAGR of over 5.5% through 2027 with rapidly growing commercial aviation sector.
Commercial Aircraft MRO Market Scope
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