Aircraft Engine MRO Market 2018 Global Industry Key Players, Share, Trend, Segmentation and Forecast to 2023

Aircraft Engine MRO Market –Market Demand, Growth, Opportunities, Analysis of Top Key Players and Forecast to 2023

PUNE, INDIA, January 12, 2018 /EINPresswire.com/ -- Aircraft Engine MRO Market 2018

Wiseguyreports.Com adds “Aircraft Engine MRO Market –Market Demand, Growth, Opportunities, Analysis of Top Key Players and Forecast to 2023” To Its Research Database.

Report Details:

This report provides in depth study of “Aircraft Engine MRO Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Aircraft Engine MRO Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.

The global aircraft engine MRO market is expected to grow at 6.43% CAGR during the forecast period.

Air travel in emerging countries is growing, thus increasing the demand for aircraft engine MRO service providers. Many new MRO service centres have been setup in such countries in recent years. This increases the participation of regional companies (tier-II or tier-III suppliers) in the field of aircraft engine MRO. Development of next-generation engines is major factor driving the growth of the market. The leading edge aviation propulsion (LEAP) engine, is the most fuel-efficient engine available in the market, and had received more than USD 100 billion in orders by 2015, which has propelled the market for aircraft engines. Additionally, need for proper maintenance of engines & engine components, is also driving the growth of the aircraft engines MRO market. However, environmental Hazards is the factor that may hamper the growth of the market.

The key players of global aircraft engines MRO market are following;

GE Aviation (U.S.), Rolls-Royce (U.K.), Pratt & Whitney (U.S.), Lufthansa Technik (Germany), Safran Aircraft Engines (Paris), SIA Engineering Company (Singapore), Air France Industries KLM Engineering & Maintenance (France), MTU Aero Engines (Germany), ST Aerospace (Singapore) and Delta TechOps (U.S.).

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In 2016, North America was the leading region for the global aircraft engine MRO market. It accounted for the largest market share of 31.00% in 2016, with a market value of USD 8,626.1 million. A number of the major aircraft manufacturers (such as Boeing) and engine MRO services providers are present in the region, gaining the region a high market share. . Asia Pacific was the second-largest market in 2016, valued at USD 7,513.1 million in 2016.

Segmentation: Global Aircraft Engine MRO Market, By Type
o Widebody Aircraft
o Narrowbody Aircraft
o others

Global Aircraft Engine MRO Market, By Application
o Commercial Air Transport
o Business & General Aviation

Global Aircraft Engine MRO Market, By Region
o North America
o South America
o Europe
o Asia-Pacific
o Middle East & Africa

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Major Key Points in Table of Content:

1 Executive Summary 11

2 Introduction 13
2.1 Definition 13
2.2 Scope of the Study 13
2.3 Assumptions 13
2.4 Market Structure 14

3 Research Methodology 15
3.1 Research Process 15
3.2 Primary Research 16
3.3 Secondary Research 16
3.4 Market Size Estimation 16
3.5 Forecast Model 18

4 Market Dynamics 19
4.1 Drivers 19
4.1.1 Development of next-generation engines 19
4.1.2 Rapid Fleet Expansion 19
4.2 Challenges 20
4.2.1 Environmental Hazards 20
4.2.2 Retirement of Maintenance-Intensive Aircraft 20
4.3 Opportunities 21
4.3.1 MRO Outsourcing 21
4.3.2 IT Integration in MRO 21
4.3.3 Increased Focus of OEMs on Aircraft Engine MRO 21

…

11 Company Profiles 73
11.1 GE Aviation 73
11.1.1 Company Overview 73
11.1.2 Financial Overview 73
11.1.3 Product/Service Offering Overview 74
11.1.4 GE Aviation, Key Development, 2014-2016 74
11.1.5 GE Aviation: SWOT Analysis 75
11.2 Pratt & Whitney 76
11.2.1 Company Overview 76
11.2.1 Financial Overview 76
11.2.2 Product/Business Segment Overview 77
11.2.3 SWOT Analysis 78
11.3 Rolls-Royce 79
11.3.1 Company Overview 79
11.3.2 Financial Overview 79
11.3.3 Product/Service Offering Overview 80
11.3.4 Rolls-Royce: SWOT Analysis 81
11.4 Lufthansa Technik 82
11.4.1 Company Overview 82
11.4.2 Financial Overview 82
11.4.3 Product/Service Offering Overview 83
11.4.4 SWOT Analysis 84
11.5 Safran Aircraft Engines 85
11.5.1 Company Overview 85
11.5.2 Financial Overview 85
11.5.3 Product/Service Offering Overview 86
11.5.4 Safran Aircraft Engines: SWOT Analysis 87

Continued….

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