Aircraft Engine MRO Market 2019| Aviation Industry Overview By Aircraft Type, Engine Type, Application and Regional Forecast 2023

Aircraft Engine MRO Market Research Report 2019: Global Industry Size, Share, Trends, Growth, Regional Analysis and Segmentation By Engine Type (Turbine Engine and Piston Engine), Aircraft Type (Fixed-Wing Aircraft and Rotary-Wing Aircraft), Application (Civil Aviation and Military Aviation) and Region To 2023

Pune , India - February 11, 2019 /MarketersMedia/ —

Aircraft Engine MRO Market – Overview

According to a recent study report published by the Market Research Future, the global market of Aircraft Engine MRO will grow at a steady pace over the forecast period. The market is forecasted to witness slow but steady growth by 2023, which will be a surplus growth at a moderate CAGR during the projected period (2018 -2023).

Based on engine type, the aircraft engine MRO market is divided into turbine engine and piston engine. The turbine engine segment is further divided as turbofan, turboprop, and turboshaft. The turbofan segment is estimated to account for the largest share during the forecast period as airlines are focusing on procuring these engines to increase fuel economy, which ultimately generates maintenance requirement for the same.

Get Sample Report with Complete TOC @ https://www.marketresearchfuture.com/sample_request/1556

Based on aircraft type, the aircraft engine MRO market is divided into fixed-wing and rotary-wing. The fixed-wing segment is further divided as wide-body aircraft & others and narrow body aircraft. The fixed-wing segment is estimated to account for the largest share during the forecast period. Fixed-wing aircraft offers various advantages such as long endurance, large area coverage, and faster flight speed. Furthermore, fixed-wing aircraft forms a vital part of the commercial aviation.
Based on application, the aircraft engine MRO market is divided into civil and military aviation. The civil aviation segment is further divided as commercial aviation & cargo aviation and business & general aviation. The civil aviation segment is estimated to account for the largest share during the forecast period which is due to the increase in the number of aircraft deliveries by major commercial aircraft manufacturers such as Airbus Group (France), The Boeing Company (U.S.), among others. Civil Aviation authorities in various countries demand effective maintenance to be carried out are regular intervals in order to enhance passenger safety.

Asia Pacific will be the fastest growing market for aircraft engine MRO during the forecast period. Over the years, with increasing incomes, there has been a high demand for air travel in the region, which stimulated larger developments in planes. It is expected that by 2035, more than 16,000 aircrafts would be delivered in the region. Moreover, due to the low labour rates, North American airlines outsource 60% of their heavy maintenance and airframe MRO, to Asia, where it is a major source of income. Furthermore, new airlines are sprouting every year in this region which will positively impact the aircraft engine MRO market in this region.

Leading Players-

• Air France Industries KLM Engineering & Maintenance (France)
• Delta TechOps (US)
• GE Aviation (US)
• Hong Kong Aircraft Engineering Company Limited (Hong Kong)
• Lufthansa Technik AG (Germany)
• MTU Aero Engines AG (Germany)
• Rolls-Royce plc (UK)
• Safran SA (France)
• SIA Engineering Company Ltd. (Singapore)
• United Technologies Corporation (US)
• others

These are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the global aircraft engine MRO market.

Industry/ Innovation/ Related News:

January 2019: Pratt & Whitney’s MRO in Singapore underwent a USD 85 million upgrade to cater to the induction of geared turbofan engines.

December 2018: The Carlyle Group (US) is planning to acquire StandardAero (US), a global provider of aftermarket engine maintenance, repair and overhaul (MRO) services for the aerospace and defence industries by the end of 2019.

October 2018: HNA Group (China) awarded a five-year MRO contract to IAI’s Bedek Division (Israel) for maintaining and overhauling V2500 engines.

Aircraft Engine MRO Market – Segmentation

The global aircraft engine MRO market is segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;

Segmentation by Engine Type: Turbine Engine and Piston Engine
Segmentation by Aircraft Type: Fixed-Wing and Rotary-Wing
Segmentation by Application: Civil Aviation and Military Aviation
Segmentation by Region:North America, Europe, Asia-Pacific and Rest of the World

Aircraft Engine MRO Market: Regional Analysis

The aircraft engine MRO market has been segmented into North America, Europe, Asia Pacific and Rest of the World. North America is expected to be the largest market for aircraft engine MRO. The aircraft engine MRO market across the globe is expected to rise at a considerable pace during the forecast period due to rise in demand for new aircraft and focus on aircraft modernization programs in all the above-mentioned regions.

Early Diners Are Offered Free Customization- Up to 20%

Get Attractive Discount @ https://www.marketresearchfuture.com/check-discount/1556

TABLE OF CONTENTS

1 Executive Summary

2 Market Introduction
2.1. Market Definition
2.2. Scope Of The Study
2.3. Market Structure
2.4. Key Takeaways
2.5. Key Buying Criteria

3 Research Methodology
3.1. Research Process
3.2. Primary Research
3.3. Secondary Research
3.4. Market Size Estimation
3.5. Forecast Model
3.6. List Of Assumptions
3.7. Limitations

4 Market Landscape
4.1. Porter’s Five Forces Analysis
4.1.1. Threat Of New Entrants
4.1.2. Bargaining Power Of Buyers
4.1.3. Threat Of Substitutes
4.1.4. Segment Rivalry
4.1.5. Bargaining Power Of Supplies

5 Market Dynamics
5.1. Introduction
5.2. Market Drivers
5.3. Market Restraints
5.4. Market Opportunities
5.5. Market Trends
5.6. Patent Trends

Continued......

List of Tables

Table 1 Global Aircraft Engine MRO Market, By Region, 2018–2023
Table 2 North America: Aircraft Engine MRO Market, By Country, 2018–2023
Table 3 Europe: Aircraft Engine MRO Market, By Country, 2018–2023
Table 4 Asia-Pacific: Aircraft Engine MRO Market, By Country, 2018–2023
Table 5 Rest Of The World: Aircraft Engine MRO Market, By Region, 2018–2023
Table 6 Global Aircraft Engine MRO Engine Type Market, By Region, 2018–2023
Table 7 North America: Aircraft Engine MRO Engine Type Market, By Country, 2018–2023
Table 8 Europe: Aircraft Engine MRO Engine Type Market, By Country, 2018–2023

Continued......

Ask for your specific company profile and country level customization on reports.

Get More Information on Global Aircraft Engine MRO Market Report Information – Global Forecast to 2023 @ https://www.marketresearchfuture.com/reports/aircraft-engine-mro-market-1556

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Edibles.

Contact Info:
Name: Abhishek Sawant
Email: Send Email
Organization: Market Research Future
Address: Market Research Future, Office No. 524/528, Amanora Chambers, Magarpatta Road, Hadapsar, Pune -411028, Maharashtra, India
Phone: 6468459312
Website: https://www.marketresearchfuture.com/reports/aircraft-engine-mro-market-1556

Source URL: https://marketersmedia.com/aircraft-engine-mro-market-2019-aviation-industry-overview-by-aircraft-type-engine-type-application-and-regional-forecast-2023/481191

Source: MarketersMedia

Release ID: 481191

More Press Releases

Important Harvey Weinstein hearing could be held in secret

Apr 26, 2019

NEW YORK — An important pretrial hearing in Harvey Weinstein's sexual assault case could play out in secret if a judge rules against news organizations fighting to keep the courtroom open. Both the prosecution and defense have asked that Friday's hearing, which will deal with trial strategy and potential witnesses, be held behind closed doors. Prosecutors say they want to protect Weinstein's right to a fair trial and shield the identities of women who've accused the disgraced movie mogul of wrongdoing. Weinstein's lawyers say news coverage could taint the jury pool. Lawyers for the news organizations, including The Associated Press...

Day 2 at New Orleans Jazz Fest: Sunshine and Santana

Apr 26, 2019

NEW ORLEANS — Sunshine and Santana. Both are expected to be welcome sights on the second day of the New Orleans Jazz & Heritage Festival. There have been some disappointments in the run-up to the 50th annual Jazz Fest. The celebration was to have been marked by a May 2 performance by the Rolling Stones but the group had to cancel for health reasons. So did Fleetwood Mac. Then there were the storms that delayed Thursday's opening. Friday's forecast calls for warm, dry weather for the dozens of acts that will play throughout the day on 10 stages. Santana is...

Chiefs' Hill suspended after audio discussing child abuse

Apr 26, 2019

OLATHE, Kan. — The Kansas City Chiefs effectively suspended Tyreek Hill from all team-related activities Thursday night while they investigate an audio recording that aired on a local TV station in which the star wide receiver's fiancee accused him of abusing their 3-year-old son. The recording surfaced one day after prosecutors said they believed abuse had occurred in Hill's home last month but that they could not press charges because it was unclear who committed the crime. Chiefs general manager Brett Veach read a statement after the conclusion of the first round of the NFL draft that said the team...

Emperor Akihito saw diplomacy as path to make amends for war

Apr 26, 2019

TOKYO — Japan's Emperor Akihito has had a lifetime mission: Make amends for a war fought in his father's name. Akihito was just 11 when he heard his father Hirohito's voice on the radio declaring Japan's surrender in World War II. Though he wouldn't become emperor himself for another 44 years, Akihito embraced his role as peacemaker and often represented his father on reconciliatory missions that began with Japan's return to the international community in the early 1950s. When he abdicates April 30, Akihito will become the first emperor in Japan's modern history to see his era end without ever...

John Havlicek, Boston Celtics great, dies at 79

Apr 26, 2019

BOSTON — John Havlicek's legacy was built over 16 years with the Boston Celtics, eight of them as NBA champions, making him among the best to ever play the game. One play immortalized him forever. "Havlicek stole the ball! "Havlicek stole the ball!" Celtics radio announcer Johnny Most screamed, a moment that remains among the famous plays in NBA history. The Celtics said Havlicek died Thursday in Jupiter, Florida. He was 79. The cause of death wasn't immediately available. The Boston Globe said he had Parkinson's disease. Voted one of the 50 greatest players in NBA history, Havlicek's steal of...

Broaden News

Reporter Pass is the only access you need to get into Hollywood. No matter it’s the red carpet event or backstage access, we’ve got you covered.

Contact us: sales@reppass.com

Award ShowsCelebrityPaparazziRoyaltyMoviesMusicTelevision Programs Press Releases