New

Aircraft Engine MRO Market

2021

Aircraft Engine MRO Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Engine (Turboprop, Turbofan, Turbojet, Others); Application (Commercial Aviation, General Aviation, Military Aviation); Aircraft Type (Fixed Wing Aircraft, Rotary Wing Aircraft) and Geography

| Report Code: TIPRE00025489 | No. of Pages: 150 | Category: Aerospace and Defense | Status: Upcoming

Market Insights

Aircraft Engine MRO Market 2028 By Engine, Application, Aircraft Type and Geography | The Insight Partners

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MARKET OVERVIEW

Aircraft Engine MRO market is primarily driven by the rise in MRO outsourcing activities by major aircraft manufacturers and airlines. Furthermore, the fast-paced expansion of aircraft fleet across the world is bolstering the stability of key market players. Additionally, the research and development of next-generation aircraft engines and introduction of advanced technology in aircraft engines production and maintenance is propelling the accelerating growth of the global market.

MARKET SCOPE

The "Global Aircraft Engine MRO Market Analysis to 2028" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of Aircraft Engine MRO market with detailed market segmentation by engine type, aircraft type, application, and geography. The global Aircraft Engine MRO market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Aircraft Engine MRO market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

  •   On the basis of Engine Type, the market is segmented as Turboprop, Turbofan, Turbojet, and Others.
  •   On the basis of Aircraft Type, the market is segmented as Fixed Wing and Rotary Wing.
  •   Based on application, the market is segmented into commercial aviation, military aviation, and general aviation.

MARKET DYNAMICS
Drivers:

  •   Growing commercial aircraft fleet
  •   Increase in number of military aircraft
  •   Rising focus on outsourcing of Aircraft Engine MRO by prominent airlines
    Restraint -
  •   Growing environmental concern regarding the use of conventional engines

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Aircraft Engine MRO market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porter's Five Forces analysis, highlighting the factors affecting the Aircraft Engine MRO market in these regions.

IMPACT OF COVID-19 ON AIRCRAFT ENGINE MRO MARKET

COVID-19 severely impacted the aviation industry by the end of 2020 due to plummeting air traffic and lockdown-related restrictions imposed across the globe. The impact of the pandemic extends to all segments of the aviation and aerospace industry, including Aircraft Engine MRO manufacturers. As a result of the consequent fall in demand, airlines have been focusing on reducing costs and expenses, including cutting back on aircraft manufacturing spending. Additionally, the acute shortage of labor as well as raw material for production has resulted in a steep fall in the growth of the global Aircraft Engine MRO market. However, the demand for such vital components for military aircraft also remains constant owing to the basic requirements of the military agencies whose budget has been largely unaffected. Thus, the market for Aircraft Engine MRO took a heavy toll due to the COVID-19 pandemic, and major manufacturers are undertaking stringent steps to reduce the negative impact on the market.



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MARKET PLAYERS


The reports cover key developments in the Aircraft Engine MRO market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Aircraft Engine MRO market are anticipated to lucrative growth opportunities in the future with the rising demand for Aircraft Engine MRO market. Below mentioned is the list of few companies engaged in the Aircraft Engine MRO market.

The report also includes the profiles of key Aircraft Engine MRO market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

  •   Delta Air Lines, Inc.
  •   GE Aviation
  •   IAI - Elbit Systems
  •   Lufthansa Technik
  •   MTU Aero Engines AG
  •   SIA Engineering Company
  •   Sigma Aerospace
  •   Safran
  •   Raytheon Technologies Corporation
  •   IAG Aero Group

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.


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TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Aircraft Engine MRO Market - By Engine
1.3.2 Aircraft Engine MRO Market - By Application
1.3.3 Aircraft Engine MRO Market - By Aircraft Type
1.3.4 Aircraft Engine MRO Market - By Region
1.3.4.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. AIRCRAFT ENGINE MRO MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS

5. AIRCRAFT ENGINE MRO MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. AIRCRAFT ENGINE MRO MARKET - GLOBAL MARKET ANALYSIS
6.1. AIRCRAFT ENGINE MRO - GLOBAL MARKET OVERVIEW
6.2. AIRCRAFT ENGINE MRO - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. AIRCRAFT ENGINE MRO MARKET - REVENUE AND FORECASTS TO 2028 - ENGINE
7.1. OVERVIEW
7.2. ENGINE MARKET FORECASTS AND ANALYSIS
7.3. TURBOPROP
7.3.1. Overview
7.3.2. Turboprop Market Forecast and Analysis
7.3.3. Turboprop Engine Market
7.3.3.1. Overview
7.3.3.2. Turboprop Engine Market Forecast and Analysis
7.3.4. Turbofan Engine Market
7.3.4.1. Overview
7.3.4.2. Turbofan Engine Market Forecast and Analysis
7.3.5. Turboshaft Engine Market
7.3.5.1. Overview
7.3.5.2. Turboshaft Engine Market Forecast and Analysis
7.4. TURBOFAN
7.4.1. Overview
7.4.2. Turbofan Market Forecast and Analysis
7.5. TURBOJET
7.5.1. Overview
7.5.2. Turbojet Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. AIRCRAFT ENGINE MRO MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. COMMERCIAL AVIATION
8.3.1. Overview
8.3.2. Commercial Aviation Market Forecast and Analysis
8.4. GENERAL AVIATION
8.4.1. Overview
8.4.2. General Aviation Market Forecast and Analysis
8.5. MILITARY AVIATION
8.5.1. Overview
8.5.2. Military Aviation Market Forecast and Analysis
9. AIRCRAFT ENGINE MRO MARKET - REVENUE AND FORECASTS TO 2028 - AIRCRAFT TYPE
9.1. OVERVIEW
9.2. AIRCRAFT TYPE MARKET FORECASTS AND ANALYSIS
9.3. FIXED WING AIRCRAFT
9.3.1. Overview
9.3.2. Fixed Wing Aircraft Market Forecast and Analysis
9.4. ROTARY WING AIRCRAFT
9.4.1. Overview
9.4.2. Rotary Wing Aircraft Market Forecast and Analysis

10. AIRCRAFT ENGINE MRO MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Aircraft Engine MRO Market Overview
10.1.2 North America Aircraft Engine MRO Market Forecasts and Analysis
10.1.3 North America Aircraft Engine MRO Market Forecasts and Analysis - By Engine
10.1.4 North America Aircraft Engine MRO Market Forecasts and Analysis - By Application
10.1.5 North America Aircraft Engine MRO Market Forecasts and Analysis - By Aircraft Type
10.1.6 North America Aircraft Engine MRO Market Forecasts and Analysis - By Countries
10.1.6.1 United States Aircraft Engine MRO Market
10.1.6.1.1 United States Aircraft Engine MRO Market by Engine
10.1.6.1.2 United States Aircraft Engine MRO Market by Application
10.1.6.1.3 United States Aircraft Engine MRO Market by Aircraft Type
10.1.6.2 Canada Aircraft Engine MRO Market
10.1.6.2.1 Canada Aircraft Engine MRO Market by Engine
10.1.6.2.2 Canada Aircraft Engine MRO Market by Application
10.1.6.2.3 Canada Aircraft Engine MRO Market by Aircraft Type
10.1.6.3 Mexico Aircraft Engine MRO Market
10.1.6.3.1 Mexico Aircraft Engine MRO Market by Engine
10.1.6.3.2 Mexico Aircraft Engine MRO Market by Application
10.1.6.3.3 Mexico Aircraft Engine MRO Market by Aircraft Type
10.2. EUROPE
10.2.1 Europe Aircraft Engine MRO Market Overview
10.2.2 Europe Aircraft Engine MRO Market Forecasts and Analysis
10.2.3 Europe Aircraft Engine MRO Market Forecasts and Analysis - By Engine
10.2.4 Europe Aircraft Engine MRO Market Forecasts and Analysis - By Application
10.2.5 Europe Aircraft Engine MRO Market Forecasts and Analysis - By Aircraft Type
10.2.6 Europe Aircraft Engine MRO Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Aircraft Engine MRO Market
10.2.6.1.1 Germany Aircraft Engine MRO Market by Engine
10.2.6.1.2 Germany Aircraft Engine MRO Market by Application
10.2.6.1.3 Germany Aircraft Engine MRO Market by Aircraft Type
10.2.6.2 France Aircraft Engine MRO Market
10.2.6.2.1 France Aircraft Engine MRO Market by Engine
10.2.6.2.2 France Aircraft Engine MRO Market by Application
10.2.6.2.3 France Aircraft Engine MRO Market by Aircraft Type
10.2.6.3 Italy Aircraft Engine MRO Market
10.2.6.3.1 Italy Aircraft Engine MRO Market by Engine
10.2.6.3.2 Italy Aircraft Engine MRO Market by Application
10.2.6.3.3 Italy Aircraft Engine MRO Market by Aircraft Type
10.2.6.4 United Kingdom Aircraft Engine MRO Market
10.2.6.4.1 United Kingdom Aircraft Engine MRO Market by Engine
10.2.6.4.2 United Kingdom Aircraft Engine MRO Market by Application
10.2.6.4.3 United Kingdom Aircraft Engine MRO Market by Aircraft Type
10.2.6.5 Russia Aircraft Engine MRO Market
10.2.6.5.1 Russia Aircraft Engine MRO Market by Engine
10.2.6.5.2 Russia Aircraft Engine MRO Market by Application
10.2.6.5.3 Russia Aircraft Engine MRO Market by Aircraft Type
10.2.6.6 Rest of Europe Aircraft Engine MRO Market
10.2.6.6.1 Rest of Europe Aircraft Engine MRO Market by Engine
10.2.6.6.2 Rest of Europe Aircraft Engine MRO Market by Application
10.2.6.6.3 Rest of Europe Aircraft Engine MRO Market by Aircraft Type
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Aircraft Engine MRO Market Overview
10.3.2 Asia-Pacific Aircraft Engine MRO Market Forecasts and Analysis
10.3.3 Asia-Pacific Aircraft Engine MRO Market Forecasts and Analysis - By Engine
10.3.4 Asia-Pacific Aircraft Engine MRO Market Forecasts and Analysis - By Application
10.3.5 Asia-Pacific Aircraft Engine MRO Market Forecasts and Analysis - By Aircraft Type
10.3.6 Asia-Pacific Aircraft Engine MRO Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Aircraft Engine MRO Market
10.3.6.1.1 Australia Aircraft Engine MRO Market by Engine
10.3.6.1.2 Australia Aircraft Engine MRO Market by Application
10.3.6.1.3 Australia Aircraft Engine MRO Market by Aircraft Type
10.3.6.2 China Aircraft Engine MRO Market
10.3.6.2.1 China Aircraft Engine MRO Market by Engine
10.3.6.2.2 China Aircraft Engine MRO Market by Application
10.3.6.2.3 China Aircraft Engine MRO Market by Aircraft Type
10.3.6.3 India Aircraft Engine MRO Market
10.3.6.3.1 India Aircraft Engine MRO Market by Engine
10.3.6.3.2 India Aircraft Engine MRO Market by Application
10.3.6.3.3 India Aircraft Engine MRO Market by Aircraft Type
10.3.6.4 Japan Aircraft Engine MRO Market
10.3.6.4.1 Japan Aircraft Engine MRO Market by Engine
10.3.6.4.2 Japan Aircraft Engine MRO Market by Application
10.3.6.4.3 Japan Aircraft Engine MRO Market by Aircraft Type
10.3.6.5 South Korea Aircraft Engine MRO Market
10.3.6.5.1 South Korea Aircraft Engine MRO Market by Engine
10.3.6.5.2 South Korea Aircraft Engine MRO Market by Application
10.3.6.5.3 South Korea Aircraft Engine MRO Market by Aircraft Type
10.3.6.6 Rest of Asia-Pacific Aircraft Engine MRO Market
10.3.6.6.1 Rest of Asia-Pacific Aircraft Engine MRO Market by Engine
10.3.6.6.2 Rest of Asia-Pacific Aircraft Engine MRO Market by Application
10.3.6.6.3 Rest of Asia-Pacific Aircraft Engine MRO Market by Aircraft Type
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Aircraft Engine MRO Market Overview
10.4.2 Middle East and Africa Aircraft Engine MRO Market Forecasts and Analysis
10.4.3 Middle East and Africa Aircraft Engine MRO Market Forecasts and Analysis - By Engine
10.4.4 Middle East and Africa Aircraft Engine MRO Market Forecasts and Analysis - By Application
10.4.5 Middle East and Africa Aircraft Engine MRO Market Forecasts and Analysis - By Aircraft Type
10.4.6 Middle East and Africa Aircraft Engine MRO Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Aircraft Engine MRO Market
10.4.6.1.1 South Africa Aircraft Engine MRO Market by Engine
10.4.6.1.2 South Africa Aircraft Engine MRO Market by Application
10.4.6.1.3 South Africa Aircraft Engine MRO Market by Aircraft Type
10.4.6.2 Saudi Arabia Aircraft Engine MRO Market
10.4.6.2.1 Saudi Arabia Aircraft Engine MRO Market by Engine
10.4.6.2.2 Saudi Arabia Aircraft Engine MRO Market by Application
10.4.6.2.3 Saudi Arabia Aircraft Engine MRO Market by Aircraft Type
10.4.6.3 U.A.E Aircraft Engine MRO Market
10.4.6.3.1 U.A.E Aircraft Engine MRO Market by Engine
10.4.6.3.2 U.A.E Aircraft Engine MRO Market by Application
10.4.6.3.3 U.A.E Aircraft Engine MRO Market by Aircraft Type
10.4.6.4 Rest of Middle East and Africa Aircraft Engine MRO Market
10.4.6.4.1 Rest of Middle East and Africa Aircraft Engine MRO Market by Engine
10.4.6.4.2 Rest of Middle East and Africa Aircraft Engine MRO Market by Application
10.4.6.4.3 Rest of Middle East and Africa Aircraft Engine MRO Market by Aircraft Type
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Aircraft Engine MRO Market Overview
10.5.2 South and Central America Aircraft Engine MRO Market Forecasts and Analysis
10.5.3 South and Central America Aircraft Engine MRO Market Forecasts and Analysis - By Engine
10.5.4 South and Central America Aircraft Engine MRO Market Forecasts and Analysis - By Application
10.5.5 South and Central America Aircraft Engine MRO Market Forecasts and Analysis - By Aircraft Type
10.5.6 South and Central America Aircraft Engine MRO Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Aircraft Engine MRO Market
10.5.6.1.1 Brazil Aircraft Engine MRO Market by Engine
10.5.6.1.2 Brazil Aircraft Engine MRO Market by Application
10.5.6.1.3 Brazil Aircraft Engine MRO Market by Aircraft Type
10.5.6.2 Argentina Aircraft Engine MRO Market
10.5.6.2.1 Argentina Aircraft Engine MRO Market by Engine
10.5.6.2.2 Argentina Aircraft Engine MRO Market by Application
10.5.6.2.3 Argentina Aircraft Engine MRO Market by Aircraft Type
10.5.6.3 Rest of South and Central America Aircraft Engine MRO Market
10.5.6.3.1 Rest of South and Central America Aircraft Engine MRO Market by Engine
10.5.6.3.2 Rest of South and Central America Aircraft Engine MRO Market by Application
10.5.6.3.3 Rest of South and Central America Aircraft Engine MRO Market by Aircraft Type

11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

12. AIRCRAFT ENGINE MRO MARKET, KEY COMPANY PROFILES
12.1. DELTA AIR LINES, INC.
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. GE AVIATION
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. IAI - ELBIT SYSTEMS
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. LUFTHANSA TECHNIK
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. MTU AERO ENGINES AG
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. SIA ENGINEERING COMPANY
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. SIGMA AEROSPACE
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. SAFRAN
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. RAYTHEON TECHNOLOGIES CORPORATION
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. IAG AERO GROUP
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments

13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
The List of Companies

1. Delta Air Lines, Inc.
2. GE Aviation
3. IAI - Elbit Systems
4. Lufthansa Technik
5. MTU Aero Engines AG
6. SIA Engineering Company
7. Sigma Aerospace
8. Safran
9. Raytheon Technologies Corporation
10. IAG Aero Group
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