Description

About aircraft MRO

In the aerospace industry, aircraft MRO has become an essential component to ensure that fleets are airworthy and safe to transport passengers. Regular MRO helps to extend the life of airline fleet. MRO companies provide services, such as repairs, inspections, routine checks, and overhaul of aircraft. Factors, such as aircraft utilization, global fleet size, and air traffic volumes, help increase the demand for aircraft MRO. Based on the type of maintenance, the global narrow-body aircraft MRO market is classified into five segments: airframe, line, engine, component maintenance, and modifications.

Technavio's analysts forecast the global narrow-body aircraft MRO market to grow at a CAGR of 3.93% over the period 2014-2019.

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Covered in this report

The report includes the present scenario and the growth prospects of the global narrow-body aircraft market for the period 2015-2019. The market can be segmented into five divisions: airframe, line, engine, component, and modifications.

Technavio's report, Global Narrow-body Aircraft MRO Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the global narrow-body aircraft MRO market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

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Key regions

Americas
APAC
EMEA

Key vendors

GE Aviation
Honeywell Aerospace
Lufthansa Technik
Pratt & Whitney
Rolls Royce Holdings

Other prominent vendors

Air Works
FL Technics Jet JSC
GMF AeroAsia
HAECO
ST Aerospace

Key market driver

Growing demand in aircraft fleet
For a full, detailed list, view our report

Key market challenge

Environmental issues
For a full, detailed list, view our report

Key market trend

Introduction of portable devices
For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?

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