Global Aircraft Line Maintenance Market Outlook
Global Aircraft Line Maintenance Market is expected to grow at a CAGR of around 5.5% during 2016-2021. The key factors driving the growth are growing initiatives towards aircraft safety, increase in flights hours, increased demand for aircraft, and usage of best in class technologies in aircraft. As per the MRFR analysis, factors restraining the market growth are scarcity of skilled manpower, complexity in technical documentation procedures, and supervision of line maintenance.
Integration of IT for predictive maintenance and MRO outsourcing are the on-going trends which will have positive impact on the market during the forecast period.
EMEA to dominate the Global Aircraft Line Maintenance Market during the forecast period
APAC will have significant growth and is expected to grow at CAGR of around 6% during the forecast period.
Middle East is estimated to account for the maximum air traffic of 6.4% RPK, resulting in a better demand for MRO services, which is expected to double by 2024.
Key Players:This report includes a study of strategies of major market players in the Global Aircraft Line Maintenance Market are Delta TechOps, Lufthansa Technik, Monarch Aircraft Engineering, SIA Engineering Company, SR Technics, British Airways Engineering, Hong Long Aircraft Engineering, TAP Maintenance & Engineering, and Turkish Technic.
This research report provides detailed insights, into various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the Global Aircraft Line Maintenance Market, including the high-growth regions, countries and their political, economical and technological environments. Furthermore the project report also provides views over the historic market values as well as, pricing and cost analysis of the same.
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Report details
| Companies Covered | 15 |
| Pages | 103 |
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