Global Commercial Aircraft MRO Market Size study, By MRO Services, By Service Provider, By Aircraft, and Regional Forecasts 2022-2028

Description

List of Tables

Global Commercial Aircraft MRO Market is valued at approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028. Commercial Aircraft MRO refers to the repair, inspection, modification, or overhaul of a commercial aircraft and its components. The growth of the aviation industry, increasing execution of airworthiness policies and norms, and rising digitalization of aircraft MRO services are the key factors soaring the market demand across the globe. For instance, in November 2021, Safran Landing Systems declared the company's five-year contract with the Chinese airline China Eastern for performing maintenance operations on the landing gear of 31 Airbus A330 aircraft at Safran's Singapore workshop. Likewise, in October 2021, AAR declared that the company signed an agreement with flydubai to repair support for the airline´s Boeing 737NG fleet and renew its power-by-the-hour (PBH) component pool. Thereby, the rising number of strategic initiatives by the leading market players are exhibiting a positive influence on the global market growth. However, aircraft downtime because of carrying out complex MRO operations and higher costs associated with aircraft components and spare parts impede the growth of the market over the forecast period of 2022-2028. Also, the rising technological developments and surging demand for low-cost carriers are anticipated to act as catalyzing factors for the market demand during the forecast period.

The key regions considered for the global Commercial Aircraft MRO Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing demand for low-cost carriers and imposition of stringent airworthiness norms and policies. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the increasing demand for new narrowbody aircraft, and the growth of aviation sector in countries such as India, and China would create lucrative growth prospects for the Commercial Aircraft MRO Market across the Asia-Pacific region.

Major market players included in this report are:

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

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By MRO Services:

Modifications

Airframe

Components

Engine

By Service Provider:

OEM

Operator/Airline In-house

Airline Third Party

Independent

By Aircraft:

Narrowbody

Widebody

Regional Jet

Turboprop

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global Commercial Aircraft MRO Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
- 1.2.1. Commercial Aircraft MRO Market, by Region, 2020-2028 (USD Million)
- 1.2.2. Commercial Aircraft MRO Market, by MRO Services, 2020-2028 (USD Million)
- 1.2.3. Commercial Aircraft MRO Market, by Service Provider, 2020-2028 (USD Million)
- 1.2.4. Commercial Aircraft MRO Market, by Aircraft, 2020-2028 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Commercial Aircraft MRO Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Commercial Aircraft MRO Market Dynamics

3.1. Commercial Aircraft MRO Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing execution of airworthiness policies and norms
  - 3.1.1.2. Rising digitalization of aircraft MRO services
- 3.1.2. Market Challenges
  - 3.1.2.1. Aircraft downtime because of carrying out complex MRO operations
  - 3.1.2.2. Higher costs associated with aircraft components and spare parts
- 3.1.3. Market Opportunities
  - 3.1.3.1. Rising technological developments
  - 3.1.3.2. Surging demand for low-cost carriers

Chapter 4. Global Commercial Aircraft MRO Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario

Chapter 6. Global Commercial Aircraft MRO Market, by MRO Services

6.1. Market Snapshot
6.2. Global Commercial Aircraft MRO Market by MRO Services, Performance - Potential Analysis
6.3. Global Commercial Aircraft MRO Market Estimates & Forecasts by MRO Services, 2018-2028 (USD Million)
6.4. Commercial Aircraft MRO Market, Sub Segment Analysis
- 6.4.1. Modifications
- 6.4.2. Airframe
- 6.4.3. Components
- 6.4.4. Engine

Chapter 7. Global Commercial Aircraft MRO Market, by Service Provider

7.1. Market Snapshot
7.2. Global Commercial Aircraft MRO Market by Service Provider, Performance - Potential Analysis
7.3. Global Commercial Aircraft MRO Market Estimates & Forecasts by Service Provider, 2018-2028 (USD Million)
7.4. Commercial Aircraft MRO Market, Sub Segment Analysis
- 7.4.1. OEM
- 7.4.2. Operator/Airline In-house
- 7.4.3. Airline Third Party
- 7.4.4. Independent

Chapter 8. Global Commercial Aircraft MRO Market, by Aircraft

8.1. Market Snapshot
8.2. Global Commercial Aircraft MRO Market by Aircraft, Performance - Potential Analysis
8.3. Global Commercial Aircraft MRO Market Estimates & Forecasts by Aircraft, 2018-2028 (USD Million)
8.4. Commercial Aircraft MRO Market, Sub Segment Analysis
- 8.4.1. Narrowbody
- 8.4.2. Widebody
- 8.4.3. Regional Jet
- 8.4.4. Turboprop

Chapter 9. Global Commercial Aircraft MRO Market, Regional Analysis

9.1. Commercial Aircraft MRO Market, Regional Market Snapshot
9.2. North America Commercial Aircraft MRO Market
- 9.2.1. U.S. Commercial Aircraft MRO Market
  - 9.2.1.1. MRO Services breakdown estimates & forecasts, 2018-2028
  - 9.2.1.2. Service Provider breakdown estimates & forecasts, 2018-2028
  - 9.2.1.3. Aircraft breakdown estimates & forecasts, 2018-2028
- 9.2.2. Canada Commercial Aircraft MRO Market
9.3. Europe Commercial Aircraft MRO Market Snapshot
- 9.3.1. U.K. Commercial Aircraft MRO Market
- 9.3.2. Germany Commercial Aircraft MRO Market
- 9.3.3. France Commercial Aircraft MRO Market
- 9.3.4. Spain Commercial Aircraft MRO Market
- 9.3.5. Italy Commercial Aircraft MRO Market
- 9.3.6. Rest of Europe Commercial Aircraft MRO Market
9.4. Asia-Pacific Commercial Aircraft MRO Market Snapshot
- 9.4.1. China Commercial Aircraft MRO Market
- 9.4.2. India Commercial Aircraft MRO Market
- 9.4.3. Japan Commercial Aircraft MRO Market
- 9.4.4. Australia Commercial Aircraft MRO Market
- 9.4.5. South Korea Commercial Aircraft MRO Market
- 9.4.6. Rest of Asia Pacific Commercial Aircraft MRO Market
9.5. Latin America Commercial Aircraft MRO Market Snapshot
- 9.5.1. Brazil Commercial Aircraft MRO Market
- 9.5.2. Mexico Commercial Aircraft MRO Market
9.6. Rest of The World Commercial Aircraft MRO Market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies
10.2. Company Profiles
- 10.2.1. Boeing Company
  - 10.2.1.1. Key Information
  - 10.2.1.2. Overview
  - 10.2.1.3. Financial (Subject to Data Availability)
  - 10.2.1.4. Product Summary
  - 10.2.1.5. Recent Developments
- 10.2.2. AAR Corporation
- 10.2.3. Bombardier Inc.
- 10.2.4. Embraer S.A.
- 10.2.5. Delta TechOps
- 10.2.6. General Dynamics Corp.
- 10.2.7. Hong Kong Aircraft Engineering Company (HAECO) Ltd.
- 10.2.8. GE Aviation
- 10.2.9. Honeywell Aerospace
- 10.2.10. Lufthansa Technik AG

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Commercial Aircraft MRO Market, report scope
TABLE 2. Global Commercial Aircraft MRO Market estimates & forecasts by Region 2018-2028 (USD Million)
TABLE 3. Global Commercial Aircraft MRO Market estimates & forecasts by MRO Services 2018-2028 (USD Million)
TABLE 4. Global Commercial Aircraft MRO Market estimates & forecasts by Service Provider 2018-2028 (USD Million)
TABLE 5. Global Commercial Aircraft MRO Market estimates & forecasts by Aircraft 2018-2028 (USD Million)
TABLE 6. Global Commercial Aircraft MRO Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 7. Global Commercial Aircraft MRO Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 8. Global Commercial Aircraft MRO Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 9. Global Commercial Aircraft MRO Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 10. Global Commercial Aircraft MRO Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 11. Global Commercial Aircraft MRO Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 12. Global Commercial Aircraft MRO Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 13. Global Commercial Aircraft MRO Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 14. Global Commercial Aircraft MRO Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 15. Global Commercial Aircraft MRO Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 16. U.S. Commercial Aircraft MRO Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 17. U.S. Commercial Aircraft MRO Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 18. U.S. Commercial Aircraft MRO Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 19. Canada Commercial Aircraft MRO Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 20. Canada Commercial Aircraft MRO Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 21. Canada Commercial Aircraft MRO Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 22. UK Commercial Aircraft MRO Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 23. UK Commercial Aircraft MRO Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 24. UK Commercial Aircraft MRO Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 25. Germany Commercial Aircraft MRO Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 26. Germany Commercial Aircraft MRO Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 27. Germany Commercial Aircraft MRO Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 28. RoE Commercial Aircraft MRO Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 29. RoE Commercial Aircraft MRO Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 30. RoE Commercial Aircraft MRO Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 31. China Commercial Aircraft MRO Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 32. China Commercial Aircraft MRO Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 33. China Commercial Aircraft MRO Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 34. India Commercial Aircraft MRO Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 35. India Commercial Aircraft MRO Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 36. India Commercial Aircraft MRO Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 37. Japan Commercial Aircraft MRO Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 38. Japan Commercial Aircraft MRO Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 39. Japan Commercial Aircraft MRO Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 40. RoAPAC Commercial Aircraft MRO Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 41. RoAPAC Commercial Aircraft MRO Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 42. RoAPAC Commercial Aircraft MRO Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 43. Brazil Commercial Aircraft MRO Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 44. Brazil Commercial Aircraft MRO Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 45. Brazil Commercial Aircraft MRO Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 46. Mexico Commercial Aircraft MRO Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 47. Mexico Commercial Aircraft MRO Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 48. Mexico Commercial Aircraft MRO Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 49. RoLA Commercial Aircraft MRO Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 50. RoLA Commercial Aircraft MRO Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 51. RoLA Commercial Aircraft MRO Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 52. Row Commercial Aircraft MRO Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 53. Row Commercial Aircraft MRO Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 54. Row Commercial Aircraft MRO Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 55. List of secondary sources, used in the study of global Commercial Aircraft MRO Market
TABLE 56. List of primary sources, used in the study of global Commercial Aircraft MRO Market
TABLE 57. Years considered for the study
TABLE 58. Exchange rates considered

LIST OF FIGURES

List of figures

FIG 1. Global Commercial Aircraft MRO Market, research methodology
FIG 2. Global Commercial Aircraft MRO Market, market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Commercial Aircraft MRO Market, key trends 2021
FIG 5. Global Commercial Aircraft MRO Market, growth prospects 2022-2028
FIG 6. Global Commercial Aircraft MRO Market, porters 5 force model
FIG 7. Global Commercial Aircraft MRO Market, pest analysis
FIG 8. Global Commercial Aircraft MRO Market, value chain analysis
FIG 9. Global Commercial Aircraft MRO Market by segment, 2018 & 2028 (USD Million)
FIG 10. Global Commercial Aircraft MRO Market by segment, 2018 & 2028 (USD Million)
FIG 11. Global Commercial Aircraft MRO Market by segment, 2018 & 2028 (USD Million)
FIG 12. Global Commercial Aircraft MRO Market by segment, 2018 & 2028 (USD Million)
FIG 13. Global Commercial Aircraft MRO Market by segment, 2018 & 2028 (USD Million)
FIG 14. Global Commercial Aircraft MRO Market, regional snapshot 2018 & 2028
FIG 15. North America Commercial Aircraft MRO Market 2018 & 2028 (USD Million)
FIG 16. Europe Commercial Aircraft MRO Market 2018 & 2028 (USD Million)
FIG 17. Asia Pacific Commercial Aircraft MRO market 2018 & 2028 (USD Million)
FIG 18. Latin America Commercial Aircraft MRO Market 2018 & 2028 (USD Million)
FIG 19. Global Commercial Aircraft MRO Market, company market share analysis (2021)