Aircraft Line Maintenance Market Research Report Information - Global Forecast to 2025

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Aircraft Line Maintenance Market Research Report
By Forecast To 2021
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2021
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Aircraft Line Maintenance Market Research Report
- Forecast to 2021
Global Aircraft Line Maintenance Market by
Aircraft Type (Wide body Aircraft, Narrow body
Aircraft, and Regional Jet), by Geography -
Forecast To 2021
The global aircraft line maintenance market is
growing with the rapid pace. According to a
recent study report published by the Market
Research Future, The global market of aircraft
line maintenance will grow at a rapid pace over
the forecast period. The market is forecasted to
witness slow but steady growth by 2021, which
will be a surplus growth at a moderate CAGR
during the projected period (2016 -2021). The
high demand for aircraft line maintenances is due
to the growth in the aircraft MRO services. Many
new aircraft line maintenance centres have been
setup in numerous countries in recent years. This
increases the participation of regional companies
in the field of aircraft line maintenance market.
Moreover, the growing international trade between
countries have increased frequencies of cargo
planes. Thus, it is essential to conduct timely
checks or repairs of airplanes to ensure
efficient performance and safe air travel. Rapid
fleet expansion are estimated to gain higher
popularity during the forecast period. The
growing initiatives towards aircraft safety
enhance the growth of the aircraft line
maintenance market. However, the scarcity of
skilled manpower, complexity in technical
documentation procedures, and supervision of line
maintenance acts as a barrier for the growth of
aircraft line maintenance market. The aircraft
line maintenance market is completely dependent
on the aircraft fleet management. Thus, the
increasing or decreasing demand of the aircraft
fleet directly has an impact on the market.
Moreover, the increase in the sales of aircraft
has mainly been because of competitive and
diverse options available for finance. Another
factor responsible for the increase in aircraft
fleet management is increased focus of OEM on
aircraft line maintenance and rapid aircraft
fleet expansion. This is the primary factor that
drives the growth of the aircraft line
maintenance market and has gained prevalence in
the recent times, with usage of best in class
technologies in aircraft. Thus, the growth of the
aircraft line maintenance market is expected to
go hand in hand with the growth of aircraft
industry.
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Aircraft Line Maintenance Market Research Report
- Forecast to 2021
The expansion of the commercial and military
aircraft fleets, which has resulted in the
development of a set of aircraft line maintenance
market. The increase focus of OEMs on aircraft
line maintenance will lead to an increase in use
of commercial aircraft, due to which there will
be growth in aircraft line maintenance market.
The expansion of the existing commercial and
military aircraft fleets along with the launch of
new airlines, would result in increased aircraft
line maintenance the forthcoming years. Hence, it
is expected that the rapid fleet expansion would
eventually drive the aircraft line maintenance
market. Moreover, it is expected that the
retirement of maintenance-intensive aircraft and
the introduction of new generation aircraft, will
lower the man-hours per maintenance
visit. Aircraft line maintenance is gaining
acceptance as performance-based logistics
contracts are gaining popularity in the aviation
field. Airline companies, across the globe, are
extensively outsourcing the maintenance and
logistics support contracts of their respective
aircraft. This enables faster response to crisis
situations and adaptation to the dynamic
technological advances in the industry. Such cut
throat competition in the aircraft industry
requires massive investments at a regular basis,
thus the high capital investment in the aircraft
line maintenance market is expected to act as a
hurdle in the growth of the market.
Industry/ Innovation/ Related News
February, 2018 - SIA Engineering Company Limited
(SIAEC) and GE Aviation (GE) announced that
it signed a joint venture agreement to form an
engine overhaul joint venture based in
Singapore. December, 2017 Monarch aircraft
engineering limited (MAEL), signed a new base
maintenance agreement with La Compagnie. December,
2015 Delta TechOps signed a long-term
maintenance contract with Virgin Australia to
perform maintenance, repair and overhaul services
for Virgin Australias fleet of CFM56-7B
engines. September, 2014 British Airways line
maintenance had won the contract to provide
technical handling for Qatar Airways 787 flights
in Edinburgh.
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Aircraft Line Maintenance Market Research Report
- Forecast to 2021
Global Aircraft Line Maintenance Market (
billion), 2016-2021
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Aircraft Line Maintenance Market Research Report
- Forecast to 2021
Aircraft Line Maintenance Market Segmentation
The Global Aircraft line maintenance Market is
segmented in to 3 key dynamics for the
convenience of the report and enhanced
understanding Segmentation by Aircraft Type
Comprises Wide body aircraft, Narrow body
aircraft and Regional jet Segmentation by
Platform Comprises Commercial Aviation,
Military Aviation and Business Aviation Segmentati
on by Regions Comprises Geographical regions -
North America, Europe, Asia-Pacific, Middle East
Africa and South America.
Aircraft Line Maintenance Market Regional
Analysis
European market is dominating the market of
aircraft line maintenance market due to growth in
commercial and military aircrafts. The market in
the developing countries is largely driven by
growing demand for maintenance services, which
helps in growth of aircraft line maintenance
market. Asia Pacific is referred to as the
second-largest aircraft line maintenances market
due to factors such as maximum air traffic and
better demand for maintenance services have
fuelled the demand for aircraft line maintenance
market.
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Aircraft Line Maintenance Market Research Report
- Forecast to 2021
Market Segmentation of Global Aircraft Line
Maintenance Market
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Aircraft Line Maintenance Market Research Report
- Forecast to 2021
Key Players
Some of the key 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. The market report for Global
Aircraft Line Maintenance Market of Market
Research Future comprises of extensive primary
research along with the detailed analysis of
qualitative as well as quantitative aspects by
various industry experts, key opinion leaders to
gain the deeper insight of the market and
industry performance. The report gives the clear
picture of current market scenario which includes
historical and projected market size in terms of
value and volume, technological advancement,
macro economical and governing factors in the
market. The report provides details information
and strategies of the top key players in the
industry. The report also gives a broad study of
the different market segments and regions.
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