According to a recent research report titled “Air Transport MRO Market (By Service Type: Engine Overhaul, Airframe Maintenance, Line Maintenance, Modification, Components; By Organization Type: Airline/Operator MRO, Independent MRO, Original Equipment Manufacturer (OEM) MRO; By Aircraft Type: Narrow-body, Wide-body, Regional Jet, Others) – Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2032″ published by Precedence Research, the global air transport MRO market size is projected to touch around USD 129.70 billion by 2032 and growing at a CAGR of 5.20% over the forecast period 2023 to 2032. This comprehensive study examines various factors and their impact on the growth of the air transport MRO market.
Key Takeaways
- Asia Pacific contributed more than 34% of revenue share in 2022.
- North America is estimated to expand the fastest CAGR between 2023 and 2032.
- By service type, the engine overhaul segment has held the largest market share of 41% in 2022.
- By service type, the component segment is anticipated to grow at a remarkable CAGR of 6.3% between 2023 and 2032.
- By organization type, the independent MRO segment generated over 52% of revenue share in 2022.
- By organization type, the OEMs segment is expected to expand at the fastest CAGR over the projected period.
- By aircraft type, the narrow body segment generated over 55% of revenue share in 2022.
- By aircraft type, the wide-body segment is expected to expand at the fastest CAGR over the projected period.
The report primarily focuses on the volume and value of the air transport MRO market at the global, regional, and company levels. At the global level, the report analyzes historical data and future prospects to present an overview of the overall market size. Regionally, the study emphasizes key regions such as North America, Europe, the Middle East & Africa, Latin America, and others.
Furthermore, the research report provides specific segmentations based on regions (countries), companies, and all market segments. This analysis offers insights into the growth and revenue trends during the historical period of 2017 to 2032, as well as the projected period. By understanding these segments, it becomes possible to identify the significance of different factors that contribute to market growth.
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The research also highlights significant progressions in both organic and inorganic growth strategies within the global air transport MRO market. Numerous companies are placing emphasis on new product launches, gaining product approvals, and implementing various business expansion tactics. Moreover, the report presents detailed profiles of firms operating in the air transport MRO market, along with their respective market strategies. Additionally, the study concentrates on prominent industry participants, furnishing details such as company profiles, product offerings, financial updates, and noteworthy advancements.
Air Transport MRO Market Scope
| Report Coverage | Details |
| Growth Rate from 2023 to 2032 | CAGR of 5.20% |
| Market Size in 2023 | USD 82.19 Billion |
| Market Size by 2032 | USD 129.70 Billion |
| Largest Market | Asia Pacific |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Segments Covered | By Service Type, By Organization Type, and By Aircraft Type |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
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Major Key Points Covered in Report:
Executive Summary: It includes key trends of the electric vehicle fuel cell market related to products, applications, and other crucial factors. It also provides analysis of the competitive landscape and CAGR and market size of the electric vehicle fuel cell market based on production and revenue.
Production and Consumption by Region: It covers all regional markets to which the research study relates. Prices and key players in addition to production and consumption in each regional market are discussed.
Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the Electric vehicle fuel cell market.
Market Segments: This part of the report discusses product, application and other segments of the electric vehicle fuel cell market based on market share, CAGR, market size, and various other factors.
Research Methodology: This section discusses the research methodology and approach used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.
Market Key Players
The report incorporates company profiles of key players in the market. These profiles encompass vital information such as product portfolio, key strategies, and a comprehensive SWOT analysis for each player. Additionally, the report presents a matrix illustrating the presence of each prominent player, enabling readers to gain actionable insights. This facilitates a thoughtful assessment of the market status and aids in predicting the level of competition in the air transport MRO market.
Air Transport MRO Market Players
- Boeing Global Services
- Airbus S.A.S
- Lufthansa Technik AG
- GE Aviation
- SIA Engineering Company Ltd.
- ST Engineering Aerospace
- Delta TechOps
- AAR Corp
- Rolls-Royce plc
- Safran Aircraft Engines
- United Technologies Corporation
- Honeywell Aerospace
- HAECO Group
- MTU Aero Engines AG
- Turkish Technic Inc.
Segments Covered in the Report
By Service Type
- Engine Overhaul
- Airframe Maintenance
- Line Maintenance
- Modification
- Components
By Organization Type
- Airline/Operator MRO
- Independent MRO
- Original Equipment Manufacturer (OEM) MRO
By Aircraft Type
- Narrow-body
- Wide-body
- Regional Jet
- Others
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Table of Content:
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology (Premium Insights)
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Air Transport MRO Market
5.1. COVID-19 Landscape: Air Transport MRO Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Air Transport MRO Market, By Service Type
8.1. Air Transport MRO Market, by Service Type, 2023-2032
8.1.1 Engine Overhaul
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Airframe Maintenance
8.1.2.1. Market Revenue and Forecast (2020-2032)
8.1.3. Line Maintenance
8.1.3.1. Market Revenue and Forecast (2020-2032)
8.1.4. Modification
8.1.4.1. Market Revenue and Forecast (2020-2032)
8.1.5. Components
8.1.5.1. Market Revenue and Forecast (2020-2032)
Chapter 9. Global Air Transport MRO Market, By Organization Type
9.1. Air Transport MRO Market, by Organization Type, 2023-2032
9.1.1. Airline/Operator MRO
9.1.1.1. Market Revenue and Forecast (2020-2032)
9.1.2. Independent MRO
9.1.2.1. Market Revenue and Forecast (2020-2032)
9.1.3. Original Equipment Manufacturer (OEM) MRO
9.1.3.1. Market Revenue and Forecast (2020-2032)
Chapter 10. Global Air Transport MRO Market, By Aircraft Type
10.1. Air Transport MRO Market, by Aircraft Type, 2023-2032
10.1.1. Narrow-body
10.1.1.1. Market Revenue and Forecast (2020-2032)
10.1.2. Wide-body
10.1.2.1. Market Revenue and Forecast (2020-2032)
10.1.3. Regional Jet
10.1.3.1. Market Revenue and Forecast (2020-2032)
10.1.4. Others
10.1.4.1. Market Revenue and Forecast (2020-2032)
Chapter 11. Global Air Transport MRO Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Service Type (2020-2032)
11.1.2. Market Revenue and Forecast, by Organization Type (2020-2032)
11.1.3. Market Revenue and Forecast, by Aircraft Type (2020-2032)
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Service Type (2020-2032)
11.1.4.2. Market Revenue and Forecast, by Organization Type (2020-2032)
11.1.4.3. Market Revenue and Forecast, by Aircraft Type (2020-2032)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Service Type (2020-2032)
11.1.5.2. Market Revenue and Forecast, by Organization Type (2020-2032)
11.1.5.3. Market Revenue and Forecast, by Aircraft Type (2020-2032)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Service Type (2020-2032)
11.2.2. Market Revenue and Forecast, by Organization Type (2020-2032)
11.2.3. Market Revenue and Forecast, by Aircraft Type (2020-2032)
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Service Type (2020-2032)
11.2.4.2. Market Revenue and Forecast, by Organization Type (2020-2032)
11.2.4.3. Market Revenue and Forecast, by Aircraft Type (2020-2032)
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Service Type (2020-2032)
11.2.5.2. Market Revenue and Forecast, by Organization Type (2020-2032)
11.2.5.3. Market Revenue and Forecast, by Aircraft Type (2020-2032)
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Service Type (2020-2032)
11.2.6.2. Market Revenue and Forecast, by Organization Type (2020-2032)
11.2.6.3. Market Revenue and Forecast, by Aircraft Type (2020-2032)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Service Type (2020-2032)
11.2.7.2. Market Revenue and Forecast, by Organization Type (2020-2032)
11.2.7.3. Market Revenue and Forecast, by Aircraft Type (2020-2032)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Service Type (2020-2032)
11.3.2. Market Revenue and Forecast, by Organization Type (2020-2032)
11.3.3. Market Revenue and Forecast, by Aircraft Type (2020-2032)
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Service Type (2020-2032)
11.3.4.2. Market Revenue and Forecast, by Organization Type (2020-2032)
11.3.4.3. Market Revenue and Forecast, by Aircraft Type (2020-2032)
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Service Type (2020-2032)
11.3.5.2. Market Revenue and Forecast, by Organization Type (2020-2032)
11.3.5.3. Market Revenue and Forecast, by Aircraft Type (2020-2032)
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Service Type (2020-2032)
11.3.6.2. Market Revenue and Forecast, by Organization Type (2020-2032)
11.3.6.3. Market Revenue and Forecast, by Aircraft Type (2020-2032)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Service Type (2020-2032)
11.3.7.2. Market Revenue and Forecast, by Organization Type (2020-2032)
11.3.7.3. Market Revenue and Forecast, by Aircraft Type (2020-2032)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Service Type (2020-2032)
11.4.2. Market Revenue and Forecast, by Organization Type (2020-2032)
11.4.3. Market Revenue and Forecast, by Aircraft Type (2020-2032)
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Service Type (2020-2032)
11.4.4.2. Market Revenue and Forecast, by Organization Type (2020-2032)
11.4.4.3. Market Revenue and Forecast, by Aircraft Type (2020-2032)
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Service Type (2020-2032)
11.4.5.2. Market Revenue and Forecast, by Organization Type (2020-2032)
11.4.5.3. Market Revenue and Forecast, by Aircraft Type (2020-2032)
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Service Type (2020-2032)
11.4.6.2. Market Revenue and Forecast, by Organization Type (2020-2032)
11.4.6.3. Market Revenue and Forecast, by Aircraft Type (2020-2032)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Service Type (2020-2032)
11.4.7.2. Market Revenue and Forecast, by Organization Type (2020-2032)
11.4.7.3. Market Revenue and Forecast, by Aircraft Type (2020-2032)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Service Type (2020-2032)
11.5.2. Market Revenue and Forecast, by Organization Type (2020-2032)
11.5.3. Market Revenue and Forecast, by Aircraft Type (2020-2032)
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Service Type (2020-2032)
11.5.4.2. Market Revenue and Forecast, by Organization Type (2020-2032)
11.5.4.3. Market Revenue and Forecast, by Aircraft Type (2020-2032)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Service Type (2020-2032)
11.5.5.2. Market Revenue and Forecast, by Organization Type (2020-2032)
11.5.5.3. Market Revenue and Forecast, by Aircraft Type (2020-2032)
Chapter 12. Company Profiles
12.1. Boeing Global Services
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Airbus S.A.S
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Lufthansa Technik AG
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. GE Aviation
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. SIA Engineering Company Ltd.
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. ST Engineering Aerospace
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Delta TechOps
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. AAR Corp
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Rolls-Royce plc
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Safran Aircraft Engines
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
Why should you invest in this report?
This report presents a compelling investment opportunity for those interested in the global air transport MRO market. It serves as an extensive and informative guide, offering clear insights into this niche market. By delving into the report, you will gain a comprehensive understanding of the various major application areas for air transport MRO. Furthermore, it provides crucial information about the key regions worldwide that are expected to experience substantial growth within the forecast period of 2023-2030. Armed with this knowledge, you can strategically plan your market entry approaches.
Moreover, this report offers a deep analysis of the competitive landscape, equipping you with valuable insights into the level of competition prevalent in this highly competitive market. If you are already an established player, it will enable you to assess the strategies employed by your competitors, allowing you to stay ahead as market leaders. For newcomers entering this market, the extensive data provided in this report is invaluable, providing a solid foundation for informed decision-making.
Some of the key questions answered in this report:
- What is the size of the overall Air transport MRO market and its segments?
- What are the key segments and sub-segments in the market?
- What are the key drivers, restraints, opportunities and challenges of the Air transport MRO market and how they are expected to impact the market?
- What are the attractive investment opportunities within the Air transport MRO market?
- What is the Air transport MRO market size at the regional and country-level?
- Who are the key market players and their key competitors?
- What are the strategies for growth adopted by the key players in Air transport MRO market?
- What are the recent trends in Air transport MRO market? (M&A, partnerships, new product developments, expansions)?
- What are the challenges to the Air transport MRO market growth?
- What are the key market trends impacting the growth of Air transport MRO market?
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