Industries > Aviation > Top 20 Commercial Aircraft Maintenance, Repair & Overhaul (MRO) Companies 2023

Top 20 Commercial Aircraft Maintenance, Repair & Overhaul (MRO) Companies 2023

Forecasts by End-user (Passenger Airline, Cargo Airline), by Aircraft Type (Narrow-Body Aircraft, Wide-Body Aircraft, Regional Aircraft), by Service Provider (Original Equipment Manufacturers (OEMs), Independent MRO Service Providers, Airlines' In-House MRO Facilities, Other), by Maintenance Type (Line Maintenance, Base Maintenance, Engine Maintenance, Component Maintenance, Other), by Component Type (Airframe, Engine, Landing Gear, Avionics, Interiors, Other) AND Regional and Leading National Market Analysis PLUS Analysis of Leading Companies AND COVID-19 Impact and Recovery Pattern Analysis

PUBLISHED: 06 October 2023
PAGES: 217
PRODUCT CODE: AVI0233

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The Top 20 Commercial Aircraft Maintenance, Repair & Overhaul (MRO) Market Report 2023-2033: This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.

The Increasing Global Demand for Air Travel Continues to Drive the Need for Efficient MRO Services
The relentless surge in global air travel demand has emerged as a pivotal driver fuelling the imperative for efficient Maintenance, Repair, and Overhaul (MRO) services within the aviation industry. This escalating appetite for air travel, spurred by factors such as economic growth, expanding tourism, and increased connectivity, underscores the critical importance of maintaining aircraft at peak operational performance. As airlines strive to meet the growing needs of passengers, the seamless functioning of their fleets becomes paramount.

The increasing global demand for air travel not only results in greater aircraft utilization but also necessitates quicker turnaround times between flights. This intensifies the demand for MRO services that can swiftly and meticulously address maintenance requirements without compromising safety or quality. Airlines are compelled to optimize their operational efficiency to accommodate rising passenger numbers, and reliable MRO services play an indispensable role in ensuring that aircraft remain airworthy, reliable, and conform to stringent safety standards.

As airlines seek to strike a balance between meeting the escalating demand for air travel and maintaining the highest safety standards, efficient MRO services become a linchpin. The effective management of maintenance cycles, the swift turnaround of aircraft, and the utilization of advanced technologies are instrumental in coping with the soaring global demand for air travel. Thus, the symbiotic relationship between the burgeoning need for air travel and the imperative for efficient MRO services underscores the pivotal role MRO plays in shaping the modern aviation landscape.

Shortage of Skilled Technicians, Engineers, And Mechanics in the Aviation Industry
The aviation industry is encountering a significant challenge in its growth trajectory due to a shortage of skilled technicians, engineers, and mechanics. As the demand for aircraft maintenance technicians surges, the aviation sector faces the task of bridging the gap between capability and opportunity. This challenge revolves around critical aspects such as hiring, training, retaining, and fairly compensating technicians and mechanics, who play a pivotal role in turning aviation aspirations into tangible achievements. Experts within the industry are closely examining data projections, industry analyses, shifts in education, and workforce management strategies to navigate this complex issue.

The aviation industry confronts a critical challenge in the form of a persistent shortage of skilled labour in aircraft maintenance, posing potential risks to safety and operational efficiency. This scarcity of Aircraft Maintenance Technicians (AMTs), responsible for vital maintenance, repairs, and safety checks, is a global concern with far-reaching implications, impacting regions including the United States, Europe, and Asia.

What Questions Should You Ask before Buying a Market Research Report?
• How is the top 20 commercial aircraft maintenance, repair & overhaul (MRO) market evolving?
• What is driving and restraining the top 20 commercial aircraft maintenance, repair & overhaul (MRO) market?
• How will each top 20 commercial aircraft maintenance, repair & overhaul (MRO) submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2033?
• How will the market shares for each top 20 commercial aircraft maintenance, repair & overhaul (MRO) submarket develop from 2023 to 2033?
• What will be the main driver for the overall market from 2023 to 2033?
• Will leading top 20 commercial aircraft maintenance, repair & overhaul (MRO) markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
• Who are the leading players and what are their prospects over the forecast period?
• What are the top 20 commercial aircraft maintenance, repair & overhaul (MRO) projects for these leading companies?
• How will the industry evolve during the period between 2023 and 2033? What are the implications of top 20 commercial aircraft maintenance, repair & overhaul (MRO) projects taking place now and over the next 10 years?
• Where is the top 20 commercial aircraft maintenance, repair & overhaul (MRO) market heading and how can you ensure you are at the forefront of the market?
• What are the key prospects for moving companies into a new growth path and C-suite?

You need to discover how this will impact the top 20 commercial aircraft maintenance, repair & overhaul (MRO) market today, and over the next 10 years:
• Our 217-page report provides 65 tables and 42 charts/graphs exclusively to you.
• The report highlights key lucrative areas in the industry so you can target them – NOW.
• It highlights for you the key successful trends, changes and revenue projections made by your competitors.

This report tells you TODAY how the top 20 commercial aircraft maintenance, repair & overhaul (MRO) market will develop in the next 10 years, and in line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.

Forecasts to 2033 and other analyses reveal commercial prospects
• In addition to revenue forecasting to 2033, our new study provides you with recent results, growth rates, and market shares.
• You will find original analyses, with business outlooks and developments.
• Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), impact of rising top 20 commercial aircraft maintenance, repair & overhaul (MRO) prices and recent developments.

This report includes data analysis and invaluable insight into how COVID-19 will affect the industry and your company. Four COVID-19 recovery patterns and their impact, namely, “V”, “L”, “W” and “U” are discussed in this report.

Segments Covered in the Report

Market Segment by End-User
• Passenger Airline
• Cargo Airline

Market Segment by Aircraft Type
• Narrow-Body Aircraft
• Wide-Body Aircraft
• Regional Aircraft

Market Segment by Service Provider
• Original Equipment Manufacturers (OEMs)
• Independent MRO Service Providers
• Airlines’ In-House MRO Facilities
• Other Service Provider

Market Segment by Maintenance Type
• Line Maintenance
• Base Maintenance
• Engine Maintenance
• Component Maintenance
• Other Maintenance Type

Market Segment by Component Type
• Airframe
• Engine
• Landing Gear
• Avionics
• Interiors
• Other Component Types

In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for four regional and 20 leading national markets:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

The report also includes profiles and for some of the leading companies in the Top 20 Commercial Aircraft Maintenance, Repair & Overhaul (MRO) Market, 2023 to 2033, with a focus on this segment of these companies’ operations.

Leading companies and the potential for market growth
• AAR CORP
• Aeroman
• Air France Industries KLM Engineering & Maintenance
• AirAsia Engineering
• ANA Trading Corp
• Aveos Fleet Performance Inc.
• British Airways Engineering
• Delta TechOps
• Etihad Airways Engineering
• GE Aerospace
• Korean Air Lines Co., Ltd.
• Lufthansa Technik AG
• MTU Aero Engines AG
• Sabena Technics
• SIA Engineering Company
• Singapore Technologies Engineering Ltd
• TAP Maintenance & Engineering
• Turkish Technic

Overall world revenue for Top 20 Commercial Aircraft Maintenance, Repair & Overhaul (MRO) Market, 2023 to 2033 in terms of value the market will surpass US$86.1 billion in 2023, our work calculates. We predict strong revenue growth through to 2033. Our work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.

How will the Top 20 Commercial Aircraft Maintenance, Repair & Overhaul (MRO) Market, 2023 to 2033 report help you?
In summary, our 210+ page report provides you with the following knowledge:

• Revenue forecasts to 2033 for Top 20 Commercial Aircraft Maintenance, Repair & Overhaul (MRO) Market, 2023 to 2033 Market, with forecasts for end-user, aircraft type, service provider, maintenance type, component type, each forecast at a global and regional level – discover the industry’s prospects, finding the most lucrative places for investments and revenues.

• Revenue forecasts to 2033 for four regional and 20 key national markets – See forecasts for the Top 20 Commercial Aircraft Maintenance, Repair & Overhaul (MRO) Market, 2023 to 2033 market in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.

• Prospects for established firms and those seeking to enter the market – including company profiles for 20 of the major companies involved in the global commercial aircraft maintenance, repair & overhaul (MRO) Market, 2023 to 2033.

Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with invaluable business intelligence.

Information found nowhere else
With our new report, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Visiongain’s study is for everybody needing commercial analyses for the Top 20 Commercial Aircraft Maintenance, Repair & Overhaul (MRO) Market, 2023 to 2033, market-leading companies. You will find data, trends and predictions.

To access the data contained in this document please email contactus@visiongain.com

Buy our report today Top 20 Commercial Aircraft Maintenance, Repair & Overhaul (MRO) Companies 2023: Forecasts by End-user (Passenger Airline, Cargo Airline), by Aircraft Type (Narrow-Body Aircraft, Wide-Body Aircraft, Regional Aircraft), by Service Provider (Original Equipment Manufacturers (OEMs), Independent MRO Service Providers, Airlines’ In-House MRO Facilities, Other), by Maintenance Type (Line Maintenance, Base Maintenance, Engine Maintenance, Component Maintenance, Other), by Component Type (Airframe, Engine, Landing Gear, Avionics, Interiors, Other) AND Regional and Leading National Market Analysis PLUS Analysis of Leading Companies AND COVID-19 Impact and Recovery Pattern Analysis. Avoid missing out by staying informed – order our report now.

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Do you have any custom requirements we can help you with? Any need for a specific country, geo region, market segment or specific company information? Contact us today, we can discuss your needs and see how we can help: contactus@visiongain.com

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