Bharat Book Bureau Provides the Treding Market Research Report on "Global Aviation MRO Market, By Industry (Passenger Aviation, Military Aviation, Cargo Aviation), By Component (Engine, Airframe, Line, Avionics, Modifications, Others), By Aircraft Type (Narrow Body, Wide Body, Regional Jet, Others), By End User (OEM, Aircraft Operator, Others), By Region, Competition, Forecast & Opportunities, 2025" under Aerospace and Defence Category. The report offers a collection of superior market researach, market analysis, competitive intelligence and Market reports.

Global Aviation MRO Market is forecast to grow at a CAGR of around 10% in the coming years to surpass $ 113 billion by 2025. The global aviation MRO market is driven by growing need to maintain and renovate in-service and aging aircraft in order to optimize their performance. Moreover, initiatives by the governments in terms of implementation of strict norms and policies is positively impacting the market across the globe. Also, increasing technological innovations and digitalization in aviation MRO is further expected to bolster the growth of market over the next few years.

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Global Aviation MRO Market - BBB

The Global Aviation MRO Market is segmented based on industry, component, aircraft type, end user, and region. Based on aircraft type, the market can be categorized into narrow body, wide body, regional jet and others. Out of these segments, the narrow body aircraft segment dominated the market in 2019 and the segment is expected to maintain its leading position the market during the forecast period as well.

This can be attributed to the fact that airline operators are engaged in upgrading their plane models in order to facilitate cost-saving leading to fuel efficiency, which has subsequently strengthened the fleet of narrow-body planes. Along with this, wide body aircraft segment is also anticipated to grow at a robust pace during the next five years on account of enormous transformation in terms of development of turbofan engines. Moreover, wide body planes incur a high-level of MRO expenditures, which can be accredited to complexity as well as high maintenance requirements.

Major players operating in the global aviation MRO market include SIA Engineering Company, SR Technics, British Airways, HAECO (Hongkong), AAR Corporation, Air-France Industries KLM Engineering & Maintenance, Bombardier Inc., Delta TechOps, GE Aviation, Hong Kong Aircraft Engineering Co. Ltd., Lufthansa Technik, MTU Aero Engines AG, Triumph Group, Inc., and others.

Years considered for this report:
- Historical Years: 2015-2018
- Base Year: 2019
- Estimated Year: 2020
- Forecast Period: 2021-2025

Objective of the Study:
• To analyze and estimate the market size of global aviation MRO market from 2015 to 2018.
• To estimate and forecast the market size of global aviation MRO market from 2019 to 2025 and growth rate until 2025.
• To classify and forecast global aviation MRO market based on industry, component, aircraft type, end user, company and regional distribution.
• To identify dominant region or segment in the global aviation MRO market.
• To identify drivers and challenges for global aviation MRO market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global aviation MRO market.
• To conduct pricing analysis for global aviation MRO market.
• To identify and analyze the profile of leading players operating in global aviation MRO market.
• To identify key sustainable strategies adopted by market players in global aviation MRO market.

Report performed both primary as well as exhaustive secondary research for this study. Initially, Report sourced a list of service providers across the globe. Subsequently, Report conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Report could include the service providers which could not be identified due to the limitations of secondary research. Report analyzed the products and presence of all major players across the globe.

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