Commercial Aircraft MRO Markets - Global Analysis & Forecast (2019-2023): The Adoption of Predictive Maintenance Tools is Aiding Growth

14/12/2018 04:15

DUBLIN, Dec 14, 2018 /PRNewswire/ --

The "Global Commercial Aircraft MRO Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The commercial aircraft MRO market will register a CAGR of more than 4% by 2023.

The advent of IoT enabled jet engines is likely to drive growth in the market. IoT is an emerging concept that facilitates many connected things to collect and share data about usage patterns and the work environment, thereby forming a network between unanimated objects and their users.

Adoption of predictive maintenance tools

Since the advent of commercial aviation, airline have been focused on deploying operational aircraft with increased fuel efficiency and lower operational costs.

Scarcity of skilled labors

The advent of predictive maintenance has flooded the MRO industry with a flurry of problems, both technological and manpower related. This has affected the market growth of the commercial aircraft MRO market.

Competitive Landscape

With the presence of a considerable number of companies, this market appears to be fragmented. This market research report will help clients identify latest growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.

Key Players

AAR
Hong Kong Aircraft Engineering Company
Lufthansa Technik
MTU Aero Engines
Singapore Technologies Engineering

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

Market ecosystem
Market characteristics
Market segmentation analysis

PART 04: MARKET SIZING

Market definition
Market sizing 2018
Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

PART 06: MARKET SEGMENTATION BY TYPE

Market segmentation by type
Comparison by type
Engine - Market size and forecast 2018-2023
Airframe - Market size and forecast 2018-2023
Component - Market size and forecast 2018-2023
Line - Market size and forecast 2018-2023
Market opportunity by type

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

Geographic segmentation
Geographic comparison
EMEA - Market size and forecast 2018-2023
Americas - Market size and forecast 2018-2023
APAC - Market size and forecast 2018-2023
Key leading countries
Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

PART 11: MARKET TRENDS

Increased service life of aircraft
Scrap part replacement gaining prominence
Launch of aviation-friendly government initiatives
Introduction of 3D printing technology
Advancements in hybrid-electric jet engine technologies

PART 12: VENDOR LANDSCAPE

Overview
Landscape disruption
Competitive scenario

PART 13: VENDOR ANALYSIS

Vendors covered
Vendor classification
Market positioning of vendors
AAR
Hong Kong Aircraft Engineering Company
Lufthansa Technik
MTU Aero Engines
Singapore Technologies Engineering

For more information about this report visit https://www.researchandmarkets.com/research/bq5jpk/commercial?w=5

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