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1001429

Europe Aircraft Maintenance Tooling Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Tool Type ; Users

Published: | The Insight Partners | 103 Pages | Delivery time: 1-2 business days

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Europe Aircraft Maintenance Tooling Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Tool Type ; Users
Published: April 8, 2021
The Insight Partners
Content info: 103 Pages
Delivery time: 1-2 business days
  • ALL
  • Description
  • Table of Contents
Description

The Europe aircraft maintenance tooling market is expected to grow from US$ 749.55 million in 2019 to US$ 1,020.07 million by 2027; it is estimated to grow at a CAGR of 4.0% from 2020 to 2027. The aircraft maintenance tooling market is witnessing a huge adoption of data analysis, owing to rising integration of blockchain, Internet of things (IoT), augmented reality (AR), artificial intelligence (AI), and big data analytics. Growing adoption of aviation maintenance software is boosting the development of digital solutions for ERP-based software. The integration of AI with the aircraft maintenance tooling consists of prescriptive and predictive analytics, communication features, automated reporting, voice recognition, and deep learning. The maintenance service providers are robustly focusing on digitalizing their software to permit them to facilitate task recognition, intelligent memory use, and improved scalability. The maintenance tooling software powered by AI are used to monitor health as well as aviation asset management applications. For instance, the aircraft maintenance sector is integrating AI to boost the response time and reduce costs rising due to human error. Also, aircraft engine manufacturers are procuring smart engines to analyze data generated from sensors installed on them. Thus, the mounting trend of adoption of blockchain, IoT, AI, and big data analytics by maintenance providers is boosting the aircraft maintenance tooling market across Europe.

The MRO service providers segment led the Europe aircraft maintenance tooling market based on users in 2019. With the growth in the aviation industry, the demand for aircraft MRO services is also surging from the last few years. Several regions are highly focused on extending MRO services for commercial and military aircraft companies. A few aircraft MRO service providers are ST Engineering Aerospace, Lufthansa Technik, HAECO Group, MTU Maintenance, ExecuJet Haite Aviation Services China Co., Ltd., and Guangzhou Aircraft Maintenance Engineering Co., Ltd. (GAMECO), among others. Growth of the economies, increased spending on aviation infrastructure, and rise in passenger count are the factors propelling the adoption of aircraft MRO services, which would drive the demand for aircraft maintenance tools. With the rising air traffic, carriers are more inclined toward maintaining the aircraft fleet; thus, propelling the demand for MRO service providers. Several countries in Europe, generate huge revenues from aircraft MRO business.

The overall Europe aircraft maintenance tooling market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining overview and forecast for the Europe Aircraft maintenance tooling market with respects to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Europe aircraft maintenance tooling market. Frank Brown & Son Ltd., Norbar Torque Tools Ltd., Inspection Technologies Ltd., PROTO, and Red Box Aviation and Hydro Systems KG are among the key players present in the Europe aircraft maintenance tooling market.

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Table of Contents
Product Code: TIPRE00021014

Table Of Contents

1. Introduction

  • 1.1 Study Scope
  • 1.2 The Insight Partners Research Report Guidance
  • 1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

  • 3.1 Coverage
  • 3.2 Secondary Research
  • 3.3 Primary Research

4. Europe Aircraft Maintenance Tooling Market Landscape

  • 4.1 Market Overview
  • 4.2 PEST Analysis
  • 4.3 Ecosystem Analysis
  • 4.4 Expert Opinions

5. Aircraft Maintenance Tooling Market - Key Market Dynamics

  • 5.1 Market Drivers
    • 5.1.1 Upsurge in the Production of Commercial Aircraft
    • 5.1.2 Upswing in the demand for Predictive, Prescriptive, and Condition-Based Maintenance of Aircraft
  • 5.2 Market Restraints
    • 5.2.1 Rigid Aviation Compliance and Regulations
  • 5.3 Market Opportunities
    • 5.3.1 Incrementing Aircraft MRO Services in Emerging Economics
  • 5.4 Future Trends
    • 5.4.1 Growth in the Adoption of Blockchain, IoT, AI, and Big Data Analytics by Maintenance Providers
  • 5.5 Impact Analysis of Drivers and Restraints

6. Aircraft Maintenance Tooling - Europe Market Analysis

  • 6.1 Overview
  • 6.2 Europe Aircraft Maintenance Tooling Market - Revenue and Forecast to 2027 (US$ Million)

7. Europe Aircraft Maintenance Tooling Market Analysis - By Tool Type

  • 7.1 Overview
  • 7.2 Aircraft Maintenance Tooling Market, By Tool Type (2019 and 2027)
  • 7.3 Speed Handle
    • 7.3.1 Overview
    • 7.3.2 Speed Handle: Aircraft Maintenance Tooling Market -Revenue and Forecast to 2027 (US$ Million)
  • 7.4 Wrenches
    • 7.4.1 Overview
    • 7.4.2 Wrenches: Aircraft Maintenance Tooling Market -Revenue and Forecast to 2027 (US$ Million)
  • 7.5 Safety Wire Pliers
    • 7.5.1 Overview
    • 7.5.2 Safety Wire Pliers: Aircraft Maintenance Tooling Market -Revenue and Forecast to 2027 (US$ Million)
  • 7.6 Vibration Meter
    • 7.6.1 Overview
    • 7.6.2 Vibration Meter: Aircraft Maintenance Tooling Market -Revenue and Forecast to 2027 (US$ Million)
  • 7.7 Metalworking Tools
    • 7.7.1 Overview
    • 7.7.2 Metalworking Tools: Aircraft Maintenance Tooling Market -Revenue and Forecast to 2027 (US$ Million)
  • 7.8 Others
    • 7.8.1 Overview
    • 7.8.2 Others: Aircraft Maintenance Tooling Market -Revenue and Forecast to 2027 (US$ Million)

8. Europe Aircraft Maintenance Tooling Market Analysis - By Users

  • 8.1 Overview
  • 8.2 Aircraft Maintenance Tooling Market, By Users (2019 and 2027)
  • 8.3 MRO Service Providers
    • 8.3.1 Overview
    • 8.3.2 MRO Service Providers: Aircraft Maintenance Tooling Market - Revenue and Forecast to 2027 (US$ Million)
  • 8.4 Airline Operators
    • 8.4.1 Overview
    • 8.4.2 Airline Operators: Aircraft Maintenance Tooling Market - Revenue and Forecast to 2027 (US$ Million)

9. Europe Aircraft Maintenance Tooling Market - Geographic Analysis

  • 9.1 Overview
    • 9.1.1 Europe: Aircraft Maintenance Tooling Market, By Country
      • 9.1.1.1 UK: Aircraft Maintenance Tooling Market - Revenue and Forecast to 2027 (US$ Million)
        • 9.1.1.1.1 UK: Aircraft Maintenance Tooling Market, By Tool Type
        • 9.1.1.1.2 UK: Aircraft Maintenance Tooling Market, By Users
      • 9.1.1.2 Germany: Aircraft Maintenance Tooling Market - Revenue and Forecast to 2027 (US$ Million)
        • 9.1.1.2.1 Germany: Aircraft Maintenance Tooling Market, By Tool Type
        • 9.1.1.2.2 Germany: Aircraft Maintenance Tooling Market, By Users
      • 9.1.1.3 France: Aircraft Maintenance Tooling Market - Revenue and Forecast to 2027 (US$ Million)
        • 9.1.1.3.1 France: Aircraft Maintenance Tooling Market, By Tool Type
        • 9.1.1.3.2 France: Aircraft Maintenance Tooling Market, By Users
      • 9.1.1.4 Italy: Aircraft Maintenance Tooling Market - Revenue and Forecast to 2027 (US$ Million)
        • 9.1.1.4.1 Italy: Aircraft Maintenance Tooling Market, By Tool Type
        • 9.1.1.4.2 Italy: Aircraft Maintenance Tooling Market, By Users
      • 9.1.1.5 Russia: Aircraft Maintenance Tooling Market - Revenue and Forecast to 2027 (US$ Million)
        • 9.1.1.5.1 Russia: Aircraft Maintenance Tooling Market, By Tool Type
        • 9.1.1.5.2 Russia: Aircraft Maintenance Tooling Market, By Users
      • 9.1.1.6 Rest of Europe: Aircraft Maintenance Tooling Market - Revenue and Forecast to 2027 (US$ Million)
        • 9.1.1.6.1 Rest of Europe: Aircraft Maintenance Tooling Market, By Tool Type
        • 9.1.1.6.2 Rest of Europe: Aircraft Maintenance Tooling Market, By Users

10. Europe Aircraft Maintenance Tooling Market - COVID-19 Impact Analysis

  • 10.1 Impact of COVID-19 Pandemic on Europe Aircraft Maintenance Tooling Market
    • 10.1.1 Europe: Impact Assessment of COVID-19 Pandemic

11. Industry Landscape

  • 11.1 Overview
  • 11.2 Market Initiative
  • 11.3 New Product Development
  • 11.4 Partnership

12. Company Profiles

  • 12.1 Frank Brown & Son Ltd
    • 12.1.1 Key Facts
    • 12.1.2 Business Description
    • 12.1.3 Products and Services
    • 12.1.4 Financial Overview
    • 12.1.5 SWOT Analysis
    • 12.1.6 Key Developments
  • 12.2 Norbar Torque Tools Ltd
    • 12.2.1 Key Facts
    • 12.2.2 Business Description
    • 12.2.3 Products and Services
    • 12.2.4 Financial Overview
    • 12.2.5 SWOT Analysis
    • 12.2.6 Key Developments
  • 12.3 Inspection Technologies Ltd
    • 12.3.1 Key Facts
    • 12.3.2 Business Description
    • 12.3.3 Products and Services
    • 12.3.4 Financial Overview
    • 12.3.5 SWOT Analysis
    • 12.3.6 Key Developments
  • 12.4 PROTO
    • 12.4.1 Key Facts
    • 12.4.2 Business Description
    • 12.4.3 Products and Services
    • 12.4.4 Financial Overview
    • 12.4.5 SWOT Analysis
    • 12.4.6 Key Developments
  • 12.5 Red Box Aviation
    • 12.5.1 Key Facts
    • 12.5.2 Business Description
    • 12.5.3 Products and Services
    • 12.5.4 Financial Overview
    • 12.5.5 SWOT Analysis
    • 12.5.6 Key Developments
  • 12.6 HYDRO SYSTEMS KG
    • 12.6.1 Key Facts
    • 12.6.2 Business Description
    • 12.6.3 Products and Services
    • 12.6.4 Financial Overview
    • 12.6.5 SWOT Analysis
    • 12.6.6 Key Developments

13. Appendix

  • 13.1 About The Insight Partners
  • 13.2 Word Index

List Of Tables

  • Table 1. Europe Aircraft Maintenance Tooling Market - Revenue, and Forecast to 2027 (US$ Million)
  • Table 2. UK Aircraft Maintenance Tooling Market, By Tool Type- Revenue and Forecast to 2027 (US$ Million)
  • Table 3. UK Aircraft Maintenance Tooling Market, By Users- Revenue and Forecast to 2027 (US$ Million)
  • Table 4. Germany Aircraft Maintenance Tooling Market, By Tool Type- Revenue and Forecast to 2027 (US$ Million)
  • Table 5. Germany Aircraft Maintenance Tooling Market, By Users- Revenue and Forecast to 2027 (US$ Million)
  • Table 6. France Aircraft Maintenance Tooling Market, By Tool Type- Revenue and Forecast to 2027 (US$ Million)
  • Table 7. France Aircraft Maintenance Tooling Market, By Users- Revenue and Forecast to 2027 (US$ Million)
  • Table 8. Italy Aircraft Maintenance Tooling Market, By Tool Type- Revenue and Forecast to 2027 (US$ Million)
  • Table 9. Italy Aircraft Maintenance Tooling Market, By Users- Revenue and Forecast to 2027 (US$ Million)
  • Table 10. Russia Aircraft Maintenance Tooling Market, By Tool Type- Revenue and Forecast to 2027 (US$ Million)
  • Table 11. Russia Aircraft Maintenance Tooling Market, By Users - Revenue and Forecast to 2027 (US$ Million)
  • Table 12. Rest of Europe Aircraft Maintenance Tooling Market, By Tool Type- Revenue and Forecast to 2027 (US$ Million)
  • Table 13. Rest of Europe Aircraft Maintenance Tooling Market, By Users- Revenue and Forecast to 2027 (US$ Million)
  • Table 14. List of Abbreviation

List Of Figures

  • Figure 1. Aircraft Maintenance Tooling Market Segmentation
  • Figure 2. Europe Aircraft Maintenance Tooling Market Segmentation - By Country
  • Figure 3. Europe Aircraft Maintenance Tooling Market Overview
  • Figure 4. Europe Aircraft Maintenance Tooling Market, By Tool Type
  • Figure 5. Europe Aircraft Maintenance Tooling Market, By Users
  • Figure 6. Europe Aircraft Maintenance Tooling Market, by Country
  • Figure 7. Europe - PEST Analysis
  • Figure 8. Aircraft Maintenance Tooling Market: Ecosystem Analysis
  • Figure 9. Aircraft Maintenance Tooling Market: Impact Analysis of Drivers and Restraints
  • Figure 10. Europe Aircraft Maintenance Tooling Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 11. Aircraft Maintenance Tooling Market Revenue Share, By Tool Type (2019 and 2027)
  • Figure 12. Speed Handle: Aircraft Maintenance Tooling Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 13. Wrenches: Aircraft Maintenance Tooling Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 14. Safety Wire Pliers: Aircraft Maintenance Tooling Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 15. Vibration Meter: Aircraft Maintenance Tooling Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 16. Metalworking Tools: Aircraft Maintenance Tooling Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 17. Others: Aircraft Maintenance Tooling Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 18. Aircraft Maintenance Tooling Market Revenue Share, by Users (2019 and 2027)
  • Figure 19. MRO Service Providers: Aircraft Maintenance Tooling Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 20. Airline Operators: Aircraft Maintenance Tooling Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 21. Europe: Aircraft Maintenance Tooling Market, by Key Country - Revenue (2019) (USD Million)
  • Figure 22. Europe: Aircraft Maintenance Tooling Market Revenue Share, By Country (2019 and 2027)
  • Figure 23. UK: Aircraft Maintenance Tooling Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 24. Germany: Aircraft Maintenance Tooling Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 25. France: Aircraft Maintenance Tooling Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 26. Italy: Aircraft Maintenance Tooling Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 27. Russia: Aircraft Maintenance Tooling Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 28. Rest of Europe: Aircraft Maintenance Tooling Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 29. Impact of COVID-19 Pandemic in Europe Country Markets