Global Commercial Aerospace MRO (Maintenance, Repair & Overhaul) Market 2019-2023: AAR, ST Engineering, Deutsche Lufthansa and Airbus Dominate the Market | Financial Buzz

Global Commercial Aerospace MRO (Maintenance, Repair & Overhaul) Market 2019-2023: AAR, ST Engineering, Deutsche Lufthansa and Airbus Dominate the Market

Dublin, July 16, 2019 (GLOBE NEWSWIRE) — The “Global Commercial Aerospace MRO (Maintenance, Repair & Overhaul) Market: Size, Trends, Forecasts (2019-2023)” report has been added to ResearchAndMarkets.com’s offering.

Global Commercial Aerospace MRO (Maintenance, Repair & Overhaul) Market: Size, Trends, Forecasts (2019-2023), provides an in-depth analysis of the commercial aerospace MRO market including a detailed description of market sizing and growth. The report provides analysis of the commercial aerospace MRO market by value, by segments and by region. The report further provides detailed segment analysis and regional analysis of the global commercial aerospace MRO market by value, by segment and segment by value.

Aerospace the term is derived from the words aeronautics and spaceflight. The aerospace industry performs regular checks on research, development & manufacturing of aircrafts inclusive of unpowered gliders & sailplanes, airships, missiles, spacecraft etc.

Maintenance, repair and overhaul (MRO) of an aircraft is a process involving repairing, welding, plating or testing services carried by a group of technical, administrative, managerial and supervision actions. The MRO service providers are categorized as in-house airline MRO, third-party airline MRO, OEM-affiliated MRO etc.

MRO services are common for aerospace maintenance, as aerospace industry conducts consistent research on designing, maintenance and manufacturing of aircraft, as the scope of the aerospace industry is very wide with a variety of commercial, military & industrial aircraft that are operating in the earth’s atmosphere as well as in space.

The global commercial aerospace MRO market has observed constant growth in the past few years and projections are made that in the forecasted period (2019-2023) the market would propel with a steady growth rate. The global commercial aerospace MRO market would be supported by the growth drivers such as increasing number of fleets, growth in urban population, budding developing countries economy, growing tourism, increasing low-cost carrier (LCC) penetration and mandatory maintenance programme for ageing aircraft.

However, the growth of the global commercial aerospace MRO market is being hindered by various challenges. Some of the eminent challenges faced by the market are fluctuating fuel cost, CO2 emission from aviation etc.

Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. The growth of the overall commercial aerospace MRO market has also been forecasted for the period 2019-2023, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

The major players dominating the commercial aerospace MRO market are AAR Corp., ST Engineering (ST Aerospace), Deutsche Lufthansa AG (Lufthansa Technik AG) and Airbus SE (Airbus SAS). The four companies have been profiled in the report providing a detailed analysis of their financial information and business strategies.

Key Topics Covered:

1. Executive Summary

2. Introduction
2.1 Aerospace: An overview
2.2 Maintenance, Repair and Overhaul (MRO): An Overview
2.3 Segmentation of Aerospace MRO
2.4 Advantages and Disadvantages of Aerospace MRO: An Overview

3. Global Market Analysis
3.1 Global Commercial Aerospace MRO Market: An Analysis
3.1.1 Global Commercial Aerospace MRO Market by Value
3.1.2 Global Commercial Aerospace MRO Market by Segment (Engine, Airframe, Component & Line)
3.1.3 Global Commercial Aerospace MRO Market by Region (North America, Western Europe, Asia Pacific, Middle East, China, Latin America, Eastern Europe, Africa & India)
3.2 Global Commercial Aerospace MRO Market: Segment Analysis
3.2.1 Global Airframe MRO Market by Value
3.2.2 Global Engine MRO Market by Value
3.2.3 Global Component MRO Market by Value
3.2.4 Global Line MRO Market by Value

4. Regional Market Analysis
4.1 Africa Commercial Aerospace MRO Market: An Analysis
4.1.1 Africa Commercial Aerospace MRO Market by Value
4.1.2 Africa Commercial Aerospace MRO Market by Segment (Engine, Airframe, Component & Line)
4.1.3 Africa Commercial Aerospace MRO Market Segments by Value
4.2 Middle East Commercial Aerospace MRO Market: An Analysis
4.3 Asia Pacific Commercial Aerospace MRO Market: An Analysis
4.4 China Commercial Aerospace MRO Market: An Analysis
4.5 India Commercial Aerospace MRO Market: An Analysis
4.6 Latin America Commercial Aerospace MRO Market: An Analysis
4.7 North America Commercial Aerospace MRO Market: An Analysis
4.8 Eastern Europe Commercial Aerospace MRO Market: An Analysis
4.9 Western Europe Commercial Aerospace MRO Market: An Analysis

5. Market Dynamics
5.1 Growth Drivers
5.1.1 Increasing Number of Fleets
5.1.2 Growth in Urban Population
5.1.3 Budding Developing Countries Economy
5.1.4 Growing Tourism
5.1.5 Increasing Low Cost Carrier Penetration
5.1.6 Mandatory Maintenance Programme for Aging Aircraft
5.2 Challenges
5.2.1 Fluctuating Fuel Cost
5.2.2 CO2 Emission from Aviation
5.3 Market Trends
5.3.1 Implementation of More-Electric Aircraft
5.3.2 Modernisation of SWaP-C Concept

6. Competitive Landscape
6.1 Global Commercial Aerospace MRO Market Players: A Financial Comparison
6.2 Global Engine MRO Market Players by Share

7. Company Profiles
7.1 AAR Corp.
7.1.1 Business Overview
7.1.2 Financial Overview
7.1.3 Business Strategy
7.2 ST Engineering (ST Aerospace)
7.3 Deutsche Lufthansa AG (Lufthansa Technik AG)
7.4 Airbus SE (Airbus SAS)

For more information about this report visit https://www.researchandmarkets.com/r/3zonc0

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Related Topics: Commercial Aerospace

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