• +1 513 549 5911 (U.S.)
  • +91 8087085354 (India)
  • +44 203 318 2846 (U.K.)

Global Aircraft Engine MRO Market Research Report - Forecast to 2023

  • Published Date : 16 Jun 2018
  • Publisher : Market Research Future
  • Category : Aerospace and Defence
  • Pages : 99

Report Description Introduction The emerging trend of travelling by air amongst the people in the emerging countries is increasing the need of aircraft services, thereby driving the demand for aircraft engine MRO service providers. The gradual establishment of many new MRO service centres across the developing countries in recent years is also driving the growth of the aircraft engine MRO market. The major factors driving the growth of the market can be attributed to factors such as development of next-generation engines and the rapid fleet expansion. Emerging international trade between countries have increased the frequencies of cargo planes. The Global Aircraft Engine MRO is expected to reach USD 42736.7 Million by 2023, growing at 6.43 % CAGR. Key Players The key players of Aircraft engine MRO market include GE Aviation, Pratt & Whitney, Lufthansa Technik, Safran Aircraft Engines, SIA Engineering Company, Air France Industries KLM Engineering & Maintenance, MTU Aero Engines, ST Aerospace and Delta TechOps. Objective of Global Aircraft Engine MRO Market Analysis & Forecast, from 2016 to 2022 • To provide insights about factors influencing and affecting the market growth. • To provide historical and forecast revenue of the market segments as well as sub-segments with respect to regional markets and their key countries • To provide historical and forecast revenue of the market segments based on type and application. • To provide strategic profiling of key players in the market, comprehensively analyzing their market share, core competencies, and drawing a competitive landscape for the market Target Audience • Manufactures • Raw materials suppliers • Aftermarket suppliers • Research institute & education institute • Potential investors • Key executive (CEO and COO) and strategy growth manager Key Findings • On the basis of type, the market is segmented as Wide body Aircraft, turboprops & regional jets and Narrow body Aircraft. Narrow body Aircraft segment is expected to grow with the highest rate of 6.51% CAGR during the forecast period. • Market categorization based on applications includes Commercial Air Transport and Business & General Aviation. Commercial Air Transport Segment held the largest share with 6.84% CAGR within the market during the forecast period. • North America dominates the global Aircraft Engine MRO with 31.00 % of share in 2016, in terms of value. It is expected to grow at a CAGR of 5.37% during the forecast period. Asia Pacific is expected to grow at a CAGR of 7.83 % during the forecast period and reach a market size of USD 12649.2 million by 2023. Europe Aircraft Engine MRO is expected to grow at a 5.85% CAGR during the forecast period. The regional analysis also includes - • North America o U.S. o Canada • Europe o U.K. o Russia o France o Rest of Europe • Asia-Pacific o China o Japan o India o Rest of Asia-Pacific • Middle East and Africa o UAE o Saudi Arabia o Rest of Middle East • Latin America o Brazil o Argentina o Rest of Latin America Companies Mentioned GE Aviation, Pratt & Whitney, Lufthansa Technik, Safran Aircraft Engines, SIA Engineering Company, Air France Industries KLM Engineering & Maintenance, MTU Aero Engines, ST Aerospace and Delta TechOps.
Table of Contents: 1 Executive Summary 2 Introduction 2.1 Definition 2.2 Scope of the Study 2.3 Assumptions 2.4 Market Structure 3 Research Methodology 3.1 Research Process 3.2 Primary Research 3.3 Secondary Research 3.4 Market Size Estimation 3.5 Forecast Model 4 Market Dynamics 4.1 Drivers 4.1.1 Development of next-generation engines 4.1.2 Rapid Fleet Expansion 4.2 Challenges 4.2.1 Environmental Hazards 4.2.2 Retirement of Maintenance-Intensive Aircraft 4.3 Opportunities 4.3.1 MRO Outsourcing 4.3.2 IT Integration in MRO 4.3.3 Increased Focus of OEMs on Aircraft Engine MRO 5 Market Factor Analysis 5.1 Supply Analysis 5.2 Porter's Five Forces Analysis 5.2.1 Threat of New Entrants 5.2.2 Bargaining Power of Suppliers 5.2.3 Bargaining Power of Buyers 5.2.4 Threat of Substitutes 5.2.5 Rivalry 6 Global Aircraft Engine MRO Market, By Aircraft Type 6.1 Introduction 6.1.1 Widebody Aircraft 6.1.2 Narrowbody Aircraft 6.1.3 Others 7 Global Aircraft Engine MRO Market, By Application 7.1 Introduction 7.1.1 Commercial Air Transport 7.1.2 Business and General Aviation 8 Aircraft Engine MRO Market, By Region 8.1 Introduction 8.1.1 North America 8.1.2 Europe 8.1.3 Asia-Pacific 8.1.4 Latin America 8.1.5 Middle East & Africa 8.2 North America 8.2.1 U.S. 8.2.2 Canada 8.3 Europe 8.3.1 U.K. 8.3.2 Russia 8.3.3 France 8.3.4 Rest Of Europe 8.4 Asia-Pacific 8.4.1 China 8.4.2 Japan 8.4.3 India 8.4.4 Rest of Asia-Pacific 8.5 Middle East & Africa 8.5.1 UAE 8.5.2 Saudi Arabia 8.5.3 Rest of Middle East 8.6 Latin America 8.6.1 Brazil 8.6.2 Argentina 8.6.3 Rest of Latin America 9 Patent Trends 9.1 Patent Trends 10 Competitive Scenario 10.1 Merger, Acquisitions & Alliances 10.2 Global Aircraft Engine MRO Market Shares of Top 3 and Top 5 Players 11 Company Profiles 11.1 GE Aviation 11.1.1 Company Overview 11.1.2 Financial Overview 11.1.3 Product/Service Offering Overview 11.1.4 GE Aviation, Key Development, 2014-2016 11.1.5 GE Aviation: SWOT Analysis 11.2 Pratt & Whitney 11.2.1 Company Overview 11.2.1 Financial Overview 11.2.2 Product/Business Segment Overview 11.2.3 SWOT Analysis 11.3 Rolls-Royce 11.3.1 Company Overview 11.3.2 Financial Overview 11.3.3 Product/Service Offering Overview 11.3.4 Rolls-Royce: SWOT Analysis 11.4 Lufthansa Technik 11.4.1 Company Overview 11.4.2 Financial Overview 11.4.3 Product/Service Offering Overview 11.4.4 SWOT Analysis 11.5 Safran Aircraft Engines 11.5.1 Company Overview 11.5.2 Financial Overview 11.5.3 Product/Service Offering Overview 11.5.4 Safran Aircraft Engines: SWOT Analysis 11.6 SIA Engineering Company 11.6.1 Company Overview 11.6.2 Financial Overview 11.6.3 Product/Service Overview 11.6.4 Key Developments 11.7 Air France Industries KLM Engineering & Maintenance 11.7.1 Company Overview 11.7.2 Financial Overview 11.7.3 Product/Service Offering 11.7.4 Key Developments 11.8 MTU Aero Engines 11.8.1 Company Overview 11.8.2 Financial Overview 11.8.3 Product/Service Offering 11.8.4 Key Developments 11.9 ST Aerospace 11.9.1 Company Overview 11.9.2 Product/Service Offering 11.9.3 Key Developments 11.1 Delta TechOps 11.10.1 Company Overview 11.10.2 Financial Overview 11.10.3 Product/Service Offering 11.10.4 Key Developments

List of Tables: TABLE 1 Market synopsis TABLE 2 Global Aircraft Engine MRO Market, BY Aircraft Type, 2015-2023 (USD Million) TABLE 3 Global Aircraft Engine MRO Market, BY Application, 2015-2023 (USD Million) TABLE 4 Global Aircraft Engine MRO MARKET, by region, 2015-2023 (USD Million) TABLE 5 north america: Aircraft Engine MRO MARKET, by country, 2016-2023 (USD Million) TABLE 6 north america: Aircraft Engine MRO MARKET, by Aircraft Type, 2015-2023 (USD Million) TABLE 7 north america: Aircraft Engine MRO MARKET, by Application, 2015-2023 (USD Million) TABLE 8 U.S.: Aircraft Engine MRO MARKET, by Aircraft Type, 2015-2023 (USD Million) TABLE 9 U.S.: Aircraft Engine MRO MARKET, by Application, 2015-2023 (USD Million) TABLE 10 canada: Aircraft Engine MRO MARKET, by Aircraft Type, 2015-2023 (USD Million) TABLE 11 canada: Aircraft Engine MRO MARKET, by Application, 2015-2023 (USD Million) TABLE 12 europe: Aircraft Engine MRO MARKET, by country, 2016-2023 (USD Million) TABLE 13 europe: Aircraft Engine MRO MARKET, by Aircraft Type, 2015-2023 (USD Million) TABLE 14 europe: Aircraft Engine MRO MARKET, by Application, 2015-2023 (USD Million) TABLE 15 u.k.: Aircraft Engine MRO MARKET, by Aircraft Type, 2015-2023 (USD Million) TABLE 16 U.K.: Aircraft Engine MRO MARKET, by Application, 2015-2023 (USD Million) TABLE 17 Russia: Aircraft Engine MRO MARKET, by Aircraft Type, 2015-2023 (USD Million) TABLE 18 Russia: Aircraft Engine MRO MARKET, by Application, 2015-2023 (USD Million) TABLE 19 france: Aircraft Engine MRO MARKET, by Aircraft Type, 2015-2023 (USD Million) TABLE 20 france: Aircraft Engine MRO MARKET, by Application, 2015-2023 (USD Million) TABLE 21 REST OF EUROPE: Aircraft Engine MRO MARKET, by Aircraft Type, 2015-2023 (USD Million) TABLE 22 Rest OF EUROPE: Aircraft Engine MRO MARKET, by Application, 2015-2023 (USD Million) TABLE 23 Asia-PACific AIRCRAFT ENGINE MRO MARKET, by country, 2015-2023 (USD Million) TABLE 24 Asia-PACific AIRCRAFT ENGINE MRO MARKET, by AIRCRAFT TYPE, 2015-2023 (USD Million) TABLE 25 Asia-PACific AIRCRAFT ENGINE MRO MARKET, by END-USE, 2015-2023 (USD Million) TABLE 26 china AIRCRAFT ENGINE MRO MARKET, by AIRCRAFT TYPE, 2015-2023 (USD Million) TABLE 27 china AIRCRAFT ENGINE MRO MARKET, by Application, 2015-2023 (USD Million) TABLE 28 japan AIRCRAFT ENGINE MRO MARKET, by AIRCRAFT TYPE, 2015-2023 (USD Million) TABLE 29 japan AIRCRAFT ENGINE MRO MARKET, by Application, 2015-2023 (USD Million) TABLE 30 india AIRCRAFT ENGINE MRO MARKET, by AIRCRAFT TYPE, 2015-2023 (USD Million) TABLE 31 india AIRCRAFT ENGINE MRO MARKET, by Application, 2015-2023 (USD Million) TABLE 32 rest of Asia-PACific AIRCRAFT ENGINE MRO MARKET, by AIRCRAFT TYPE, 2015-2023 (USD Million) TABLE 33 rest of apac AIRCRAFT ENGINE MRO MARKET, by END-USE, 2015-2023 (USD Million) TABLE 34 mIDDLE eAST & africa AIRCRAFT ENGINE MRO MARKET, BY country, 2015-2023 (USD Million) TABLE 35 mIDDLE eAST & africa AIRCRAFT ENGINE MRO MARKET, BY AIRCRAFT TYPE, 2015-2023 (USD Million) TABLE 36 ROW AIRCRAFT ENGINE MRO MARKET, BY Application, 2015-2023 (USD Million) TABLE 37 UAE AIRCRAFT ENGINE MRO MARKET, by AIRCRAFT TYPE, 2015-2023 (USD Million) TABLE 38 UAE AIRCRAFT ENGINE MRO MARKET, by Application, 2015-2023 (USD Million) TABLE 39 Saudi Arabia AIRCRAFT ENGINE MRO MARKET, by AIRCRAFT TYPE, 2015-2023 (USD Million) TABLE 40 Saudi Arabia AIRCRAFT ENGINE MRO MARKET, by Application, 2015-2023 (USD Million) TABLE 41 Rest Of Middle east AIRCRAFT ENGINE MRO MARKET, by AIRCRAFT TYPE, 2015-2023 (USD Million) TABLE 42 Rest of middle east AIRCRAFT ENGINE MRO MARKET, by Application, 2015-2023 (USD Million) TABLE 43 Latin America AIRCRAFT ENGINE MRO MARKET, BY country, 2015-2023 (USD Million) TABLE 44 Latin America AIRCRAFT ENGINE MRO MARKET, BY AIRCRAFT TYPE, 2015-2023 (USD Million) TABLE 45 laTIN aMERICA AIRCRAFT ENGINE MRO MARKET, BY Application, 2015-2023 (USD Million) TABLE 46 bRAZIL AIRCRAFT ENGINE MRO MARKET, by AIRCRAFT TYPE, 2015-2023 (USD Million) TABLE 47 bRAZIL AIRCRAFT ENGINE MRO MARKET, by Application, 2015-2023 (USD Million) TABLE 48 aRGENTINA AIRCRAFT ENGINE MRO MARKET, by AIRCRAFT TYPE, 2015-2023 (USD Million) TABLE 49 Argentina AIRCRAFT ENGINE MRO MARKET, by Application, 2015-2023 (USD Million) TABLE 50 Rest of latin america AIRCRAFT ENGINE MRO MARKET, by AIRCRAFT TYPE, 2015-2023 (USD Million) TABLE 51 Rest of latin america AIRCRAFT ENGINE MRO MARKET, by Application, 2015-2023 (USD Million) TABLE 52 Granted Patents on Aircraft MRO (June 28th, 2012 - June 28th, 2017) TABLE 53 SIA Engineering Company: Key development, 2014-2016 List of Figures: FIGURE 1 Research Process of MRFR FIGURE 2 TOP DOWN & BOTTOM up APPROACH FIGURE 3 PORTER'S FIVE FORCES ANALYSIS OF the GLOBAL aircraft engine MRO MARKET FIGURE 4 global Aircraft Engine MRO Market, BY Aircraft Type, 2016 (% Share) FIGURE 5 global Aircraft Engine MRO Market, BY Aircraft Type, 2015-2023 (USD Million) FIGURE 6 global Aircraft Engine MRO Market, BY Application, 2016 (%) FIGURE 7 global Aircraft Engine MRO Market, BY Application, 2015-2023 (USD Million) FIGURE 8 global Aircraft Engine MRO MARKET, BY region, 2015-2023 (USD Million) FIGURE 9 north america: Aircraft Engine MRO MARKET share, BY country, 2016 (% share) FIGURE 10 North America: Aircraft Engine MRO MARKET, BY Aircraft Type, 2015-2023 (USD Million) FIGURE 11 global Aircraft Engine MRO MARKET, BY Application, 2015-2023 (USD Million) FIGURE 12 Europe: Aircraft Engine MRO MARKET, BY Country, 2015-2023 (USD Million) FIGURE 13 Europe: Aircraft Engine MRO MARKET, BY Aircraft Type, 2015-2023 (usd Million) FIGURE 14 Europe: Aircraft Engine MRO MARKET, BY Application, 2015-2023 (usd Million) FIGURE 15 Asia-PACific AIRCRAFT ENGINE MRO MARKET share, by country, 2016 (%) FIGURE 16 Asia-PACific AIRCRAFT ENGINE MRO MARKET share, by AIRCRAFT TYPE, 2015- 2023 (USD Million) FIGURE 17 Asia-PACific AIRCRAFT ENGINE MRO MARKET, by Application, 2015- 2023 (USD Million) FIGURE 18 Middle EAST & aFRICA AIRCRAFT ENGINE MRO MARKET size, BY country, 2016 (% share) FIGURE 19 mIDDLE eAST & africa AIRCRAFT ENGINE MRO MARKET size, BY AIRCRAFT TYPE, 2015-2023 (USD Million) FIGURE 20 ROW AIRCRAFT ENGINE MRO MARKET size, BY application, 2015-2023 (USD Million) FIGURE 21 Latin America AIRCRAFT ENGINE MRO MARKET size, BY country, 2016 (% share) FIGURE 22 Latin America AIRCRAFT ENGINE MRO MARKET size, BY AIRCRAFT TYPE, 2015-2023 (USD Million) FIGURE 23 lATIN aMERICA AIRCRAFT ENGINE MRO MARKET size, BY application, 2015-2023 (USD Million) FIGURE 24 Global Aircraft Engine MRO Market Share of top 5 players FIGURE 25 Global Aircraft Engine MRO Market Share of top 3 players FIGURE 26 Pratt & Whitney, gEOGRAPHIC SEGMENTATION, (2016 % sHARE) FIGURE 27 Pratt & Whitney, Key Development FIGURE 28 Pratt & Whitney: swot Analysis FIGURE 29 Rolls-Royce: total revenue (USD Million) FIGURE 30 Rolls-Royce, Geographics SEGMENTATION 2016 (% sHARE) FIGURE 31 Rolls-Royce, Key Development FIGURE 32 lUFTHANSA tECHNIK: total revenue 2016 (USD Million) FIGURE 33 Lufthansa Technik: Geographical Revenue Mix (2016) FIGURE 34 lUFTHANSA Technik: kEY dEVELOPMENTS FIGURE 35 LUFTHANSA TECHNIK: swot analysis FIGURE 36 Safran Aircraft Engines: Geographical Revenue Mix (2016) FIGURE 37 Safran Aircraft Engines: kEY dEVELOPMENTS FIGURE 38 SIA Engineering Company: TOTAL REVENUE VS sEGMENTAL REVENUE FIGURE 39 SIA Engineering Company: Geographic revenue 2016 (%) FIGURE 40 AFI KLM E&M: TOTAL REVENUE FIGURE 41 AFI KLM E&M: Geographic revenue, 2016 (%) FIGURE 42 AFI KLM E&M: KEY DEVELOPMENT, 2014-2016 FIGURE 43 MTU Aero Engines: TOTAL REVENUE VS SEGMENTAL REVENUE FIGURE 44 MTU Aero Engines: Geographic revenue 2016 (%) FIGURE 45 MTU Aero Engines: KEY DEVELOPMENTs, 2014-2016 FIGURE 46 ST Aerospace: TOTAL REVENUE VS SEGMENTAL REVENUE FIGURE 47 ST Aerospace: Geographic revenue 2016 (%) FIGURE 48 ST Aerospace: KEY DEVELOPMENT, 2014-2016 FIGURE 49 Delta TechOps (Delta Air Lines): TOTAL REVENUE FIGURE 50 Delta TechOps (Delta Air Lines): Geographic revenue, 2016 (%) FIGURE 51 Delta TechOps: KEY DEVELOPMENTs

Request Sample

8 + 0 =

Check Discount

8 + 0 =

Choose License Type

Why Choose Us

Get 15 minutes of free Consultation When you request a Sample Report! 24/7 Research Report Get your queries resolved from an industry expert. Request for a free product review before report purchase.
Phone:
+1 513 549 5911 (US)
+44 203 318 2846 (UK)
Email: sales@garnerinsights.com

How To Reach Us

Phone: +1 513 549 5911 (US)
+44 203 318 2846 (UK)
Email: sales@garnerinsights.com

Our Clients

Testimonials

The team of Reports Monitor solved my queries in a timely fashion and gracefully. I have purchased reports from them a few times now and they never cease to impress with their highly intellectual team.

Enquire Before Buying

Have a problem statement?
Need a customized report?
Talk to our experienced analysts.

Related Reports

2018-2023 Global and Regional Wind Tunnel Industry Production, Sales and Consumption Status and Prospects Professional Market Research Report

HNY Research projects that the Wind Tunnel market size will grow from in 2017 to by 2023, at an estimated CAGR of . The base year considered for the study is 2017, and the market size is projected f ...read more

2018-2023 Global and Regional Weather Forecasting Systems & Solutions Industry Production, Sales and Consumption Status and Prospects Professional Market Research Report

HNY Research projects that the Weather Forecasting Systems & Solutions market size will grow from in 2017 to by 2023, at an estimated CAGR of . The base year considered for the study is 2017, and th ...read more

2018-2023 Global and Regional Vision Positioning System Industry Production, Sales and Consumption Status and Prospects Professional Market Research Report

HNY Research projects that the Vision Positioning System market size will grow from in 2017 to by 2023, at an estimated CAGR of . The base year considered for the study is 2017, and the market size ...read more

2018-2023 Global and Regional Vessel Traffic Management Industry Production, Sales and Consumption Status and Prospects Professional Market Research Report

HNY Research projects that the Vessel Traffic Management market size will grow from in 2017 to by 2023, at an estimated CAGR of . The base year considered for the study is 2017, and the market size ...read more

2018-2023 Global and Regional Unmanned Underwater Vehicles (UUV) Industry Production, Sales and Consumption Status and Prospects Professional Market Research Report

HNY Research projects that the Unmanned Underwater Vehicles (UUV) market size will grow from in 2017 to by 2023, at an estimated CAGR of . The base year considered for the study is 2017, and the mar ...read more

Our Features

Wide Network of Publishers

Access to over 1M+ market research reports

Trusted by the Best

50+ Clients in Fortune 500

Competitive Pricing

Our regular promotional offers and discounts make us the most economic seller of market reports

Safe and Secure

Your payment details are protected by us.