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Aircraft Maintenance Tooling Market

2021

Aircraft Maintenance Tooling Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Tool Type (Speed Handle, Wrenches, Safety Wire Pliers, Vibration Meter, Metalworking Tools, and Others) and Users (MRO Service Providers and Airline Operators), and Geography

Publication Month: Feb 2021 | Report Code: TIPRE00019183 | No. of Pages: 139 | Category: Aerospace and Defense | Status: Published

Market Insights

Aircraft Maintenance Tooling Market to Grow at a CAGR of 4.1% to reach US$ 4,340.71 Million from 2020 to 2027

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The aircraft maintenance tooling market was valued at US$ 3,177.70 million in 2019 and is projected to reach US$ 4,340.71 million by 2027; it is expected to grow at a CAGR of 4.1% from 2020 to 2027.

The aircraft manufacturing industry across the globe is witnessing huge growth owing to the mounting demand for commercial aircraft. Growing population and mounting disposable incomes in developing countries, including India, are significant factors driving the demand for various aircraft types. Rising demand for air travel worldwide encourages aircraft manufacturers, such as Airbus and Boeing, to increase their production volumes and offer maintenance services for these aircraft as well. With the constant growth in the air traffic, carriers are more liable to maintain the optimum condition of the aircraft so as to extend their life span; otherwise, they would have to procure new aircraft. The cost of procurement of a new aircraft is much higher than the cost for the maintenance of the existing aircraft. Different airports across the world are introducing advanced development processes to further boost the efficiency of the aircraft. Increasing integration of technological systems for capturing real-time data of the health of the aircraft and meet the requirements of next-generation aircraft may lead to the growth of the aircraft maintenance tooling market in the near future.

Several engine development programs are being adopted, owing to the mounting spending toward aircraft modernization, norms and regulations, and environmental concerns for the retirement of older fleets. Most of the engine manufacturers are robustly focusing on the development of economical and efficient engines for new aircraft fleets. The procurement of advanced aircraft parts is expected to double in the next few years, which is driving the retirement of older planes across the globe. Further, the integration of Internet of Things (IoT), blockchain, artificial intelligence (AI), and other advanced technologies into the aircraft is demanding high level of maintenance services, which is further boosting the aircraft maintenance tooling market.

Impact of COVID-19 Pandemic on Aircraft Maintenance Tooling Market

The US is the most affected country in North America with thousands of COVID-19 infected individuals facing severe health conditions across the country. The continuous growth of confirmed cases has led the government to impose lockdown across the nation’s borders during Q2 of 2020. The majority of the manufacturing plants are either temporarily shut or are operating with minimum staff; the supply chain of components and parts is disrupted. These are a few of the critical issues faced by the North American manufacturers.

Since the US has the largest density of aircraft OEMs, component manufacturers, and airports, the outbreak has severely affected the production and revenue generation of each. The lower number of manufacturing staff has resulted in lesser production quantity. The suspension of air travel resulted in loss for the airlines, which restricted the demand for airline associated services. This factor stalled the revenue generation stream of the aircraft maintenance tooling market, which is hindering the growth of the aircraft maintenance tooling market.

Lucrative Regions for Aircraft Maintenance Tooling Providers

Lucrative Regions for Aircraft Maintenance Tooling Providers

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Aircraft Maintenance Tooling Market Insights

Rising Production Rate of Commercial Aircraft Fuels Growth of Aircraft Maintenance Tooling Market

The commercial aircraft industry is constantly boosting since the past few years. Several operators in this industry are robustly focusing on the development, manufacturing, overhaul, and rebuilding of airplanes, helicopters, aircraft engines as well as several other components and subsystems for the commercial sector. Increase in air travel in developing economies, rise in production of commercial aircraft, and infrastructure developments are driving the demand for commercial aircraft components. The biggest giants in the aerospace industry, such as Airbus and Boeing, are highly indulged in the production of commercial aircraft. They design, manufacture, and sell the commercial aircraft along with fleet support services, primarily to the commercial airline industry globally. The Boeing family of commercial jet aircraft consists of 737 narrow-body model and 747, 767, 777, and 787 wide-body models. As of March 31, 2020, Boeing produced 10,000 737 commercial jets, which is the first jet to reach this landmark. In 2019, Airbus delivered a massive number of commercial aircraft, which would boost the production of commercial aircraft in the market. Hence, emerging production rate by these top companies is expected to drive the demand for commercial aircraft across the world. Increasing integration of several equipment in the commercial aircraft, such as avionics systems and engine control and monitoring that operate at peak efficiency is demanding the deployment of maintenance tooling for enhanced operation. Thus, rising integration of advanced equipment in the aircraft demands the timely maintenance and replacement of these equipment for proper functioning of the commercial aircraft.

Tool Type-Based Market Insights

Based on tool type, the aircraft maintenance tooling market is segmented into speed handles, wrenches, safety wire pliers, vibration meters, metalworking tools, and others. The speed handle segment dominates the market. A speed handle enables technicians to spin and eradicate a screw head swiftly with one hand while the other hand is handling other repairs. It is one of the crucial tools, particularly when repairing a high-end engine with numerous screws. One can also offer speed handles with sockets in order to tighten or loosen a nut or bolt. Aircraft Spruce, a US-based company, offers speed handles to fix a nut or bolt.

Aircraft Maintenance Tooling Market, by Tool Type—2019 and 2027

Aircraft Maintenance Tooling Market, by Tool Type—2019 and 2027

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Users-Based Market Insights

Based on users, the aircraft maintenance tooling market is bifurcated into MRO service providers and airline operators. The MRO service providers segment continues to hold a significant share in the market. With the growth in the aviation industry, the demand for aircraft MRO services is also surging from the last few years. Several regions are highly focused on extending MRO services for commercial and military aircraft companies. A few aircraft MRO service providers are ST Engineering Aerospace, Lufthansa Technik, HAECO Group, MTU Maintenance, ExecuJet Haite Aviation Services China Co., Ltd., and Guangzhou Aircraft Maintenance Engineering Co., Ltd. (GAMECO), among others. Growth of the economies, increased spending on aviation infrastructure, and rise in passenger count are the factors propelling the adoption of aircraft MRO services, which would drive the demand for aircraft maintenance tools.

Strategic Insights

The players operating in the aircraft maintenance tooling market focus on strategies such as mergers, acquisitions, and market initiatives to maintain their positions in the market. A few developments by key players are listed below:

In 2020, Norbar Torque Tools ltd company enhanced their product offering for pneutorque pneumatic torque tools with the new PTS series.

In 2019, Alberth Aviation company introduced a new aircraft tooling product for the aircraft manufacturers. The new main gear jack adapter is introduced by the company for the Gulfstream aircraft fleet.

By Tool Type

  • Speed Handle
  • Wrenches
  • Safety Wire Pliers
  • Vibration Meter
  • Metalworking Tools
  • Others


By Users

  • MRO Service Providers
  • Airline Operators


By Geography

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • Italy
    • UK
    • Russia
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • India
    • South Korea
    • Japan
    • Australia
    • Rest of APAC
  • Middle East & Africa (MEA)
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of MEA
  • South and Central America (SAM)
    • Brazil
    • Argentina
    • Rest of SAM

Company Profiles

  • AeroWest Mfg Corp.
  • Frank Brown & Son Ltd
  • Farwest Aircraft
  • Norbar Torque Tools Ltd
  • Inspection Technologies Ltd
  • PROTO
  • Red Box Aviation
  • Shanghai kaviation Techology Co.,Ltd
  • Alberth Aviation
  • HYDRO SYSTEMS KG

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Aircraft Maintenance Tooling Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 North America – PEST Analysis

4.2.2 Europe – PEST Analysis

4.2.3 Asia-Pacific – PEST Analysis

4.2.4 Middle East and Africa – PEST Analysis

4.2.5 South and Central America – PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinions

5. Aircraft Maintenance Tooling Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Rising Production Rate of Commercial Aircraft

5.1.2 Increasing Requirement of Predictive, Prescriptive, and Condition-Based Maintenance of Aircraft

5.2 Market Restraints

5.2.1 Stringent Aviation Compliance and Regulations

5.3 Market Opportunities

5.3.1 Surging Aircraft MRO Services in Emerging Economics

5.4 Future Trends

5.4.1 Growing Adoption of Blockchain, IoT, AI, and Big Data Analytics by Maintenance Providers

5.5 Impact Analysis of Drivers and Restraints

6. Aircraft Maintenance Tooling – Global Market Analysis

6.1 Overview

6.2 Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

6.3 Market Positioning – Global Market Players Ranking

7. Aircraft Maintenance Tooling Market Analysis – By Tool Type

7.1 Overview

7.2 Aircraft Maintenance Tooling Market, By Tool Type (2019 and 2027)

7.3 Speed Handle

7.3.1 Overview

7.3.2 Speed Handle: Aircraft Maintenance Tooling Market –Revenue and Forecast to 2027 (US$ Million)

7.4 Wrenches

7.4.1 Overview

7.4.2 Wrenches: Aircraft Maintenance Tooling Market –Revenue and Forecast to 2027 (US$ Million)

7.5 Safety Wire Pliers

7.5.1 Overview

7.5.2 Safety Wire Pliers: Aircraft Maintenance Tooling Market –Revenue and Forecast to 2027 (US$ Million)

7.6 Vibration Meter

7.6.1 Overview

7.6.2 Vibration Meter: Aircraft Maintenance Tooling Market –Revenue and Forecast to 2027 (US$ Million)

7.7 Metalworking Tools

7.7.1 Overview

7.7.2 Metalworking Tools: Aircraft Maintenance Tooling Market –Revenue and Forecast to 2027 (US$ Million)

7.8 Others

7.8.1 Overview

7.8.2 Others: Aircraft Maintenance Tooling Market –Revenue and Forecast to 2027 (US$ Million)

8. Aircraft Maintenance Tooling Market Analysis – By Users

8.1 Overview

8.2 Aircraft Maintenance Tooling Market, By Users (2019 and 2027)

8.3 MRO Service Providers

8.3.1 Overview

8.3.2 MRO Service Providers: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

8.4 Airline Operators

8.4.1 Overview

8.4.2 Airline Operators: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

9. Aircraft Maintenance Tooling Market – Geographic Analysis

9.1 Overview

9.2 North America: Aircraft Maintenance Tooling Market

9.2.1 North America: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

9.2.2 North America: Aircraft Maintenance Tooling Market, By Tool Type

9.2.3 North America: Aircraft Maintenance Tooling Market, By Users

9.2.4 North America: Aircraft Maintenance Tooling Market, By Country

9.2.4.1 US: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

9.2.4.1.1 US: Aircraft Maintenance Tooling Market, By Tool Type

9.2.4.1.2 US: Aircraft Maintenance Tooling Market, By Users

9.2.4.2 Canada: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

9.2.4.2.1 Canada: Aircraft Maintenance Tooling Market, By Tool Type

9.2.4.2.2 Canada: Aircraft Maintenance Tooling Market, By Users

9.2.4.3 Mexico: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

9.2.4.3.1 Mexico: Aircraft Maintenance Tooling Market, By Tool Type

9.2.4.3.2 Mexico: Aircraft Maintenance Tooling Market, By Users

9.3 Europe: Aircraft Maintenance Tooling Market

9.3.1 Europe: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

9.3.2 Europe: Aircraft Maintenance Tooling Market, By Tool Type

9.3.3 Europe: Aircraft Maintenance Tooling Market, By Users

9.3.4 Europe: Aircraft Maintenance Tooling Market, By Country

9.3.4.1 UK: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

9.3.4.1.1 UK: Aircraft Maintenance Tooling Market, By Tool Type

9.3.4.1.2 UK: Aircraft Maintenance Tooling Market, By Users

9.3.4.2 Germany: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

9.3.4.2.1 Germany: Aircraft Maintenance Tooling Market, By Tool Type

9.3.4.2.2 Germany: Aircraft Maintenance Tooling Market, By Users

9.3.4.3 France: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

9.3.4.3.1 France: Aircraft Maintenance Tooling Market, By Tool Type

9.3.4.3.2 France: Aircraft Maintenance Tooling Market, By Users

9.3.4.4 Italy: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

9.3.4.4.1 Italy: Aircraft Maintenance Tooling Market, By Tool Type

9.3.4.4.2 Italy: Aircraft Maintenance Tooling Market, By Users

9.3.4.5 Russia: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

9.3.4.5.1 Russia: Aircraft Maintenance Tooling Market, By Tool Type

9.3.4.5.2 Russia: Aircraft Maintenance Tooling Market, By Users

9.3.4.6 Rest of Europe: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

9.3.4.6.1 Rest of Europe: Aircraft Maintenance Tooling Market, By Tool Type

9.3.4.6.2 Rest of Europe: Aircraft Maintenance Tooling Market, By Users

9.4 APAC: Aircraft Maintenance Tooling Market

9.4.1 APAC: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

9.4.2 APAC: Aircraft Maintenance Tooling Market, By Tool Type

9.4.3 APAC: Aircraft Maintenance Tooling Market, By Users

9.4.4 APAC: Aircraft Maintenance Tooling Market, By Country

9.4.4.1 China: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

9.4.4.1.1 China: Aircraft Maintenance Tooling Market, By Tool Type

9.4.4.1.2 China: Aircraft Maintenance Tooling Market, By Users

9.4.4.2 India: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

9.4.4.2.1 India: Aircraft Maintenance Tooling Market, By Tool Type

9.4.4.2.2 India: Aircraft Maintenance Tooling Market, By Users

9.4.4.3 Japan: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

9.4.4.3.1 Japan: Aircraft Maintenance Tooling Market, By Tool Type

9.4.4.3.2 Japan: Aircraft Maintenance Tooling Market, By Users

9.4.4.4 Australia: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

9.4.4.4.1 Australia: Aircraft Maintenance Tooling Market, By Tool Type

9.4.4.4.2 Australia: Aircraft Maintenance Tooling Market, By Users

9.4.4.5 South Korea: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

9.4.4.5.1 South Korea: Aircraft Maintenance Tooling Market, By Tool Type

9.4.4.5.2 South Korea: Aircraft Maintenance Tooling Market, By Users

9.4.4.6 Rest of APAC: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

9.4.4.6.1 Rest of APAC: Aircraft Maintenance Tooling Market, By Tool Type

9.4.4.6.2 Rest of APAC: Aircraft Maintenance Tooling Market, By Users

9.5 South and Central America: Aircraft Maintenance Tooling Market

9.5.1 South and Central America: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

9.5.2 South and Central America: Aircraft Maintenance Tooling Market, By Tool Type

9.5.3 South and Central America: Aircraft Maintenance Tooling Market, By Users

9.5.4 South and Central America: Aircraft Maintenance Tooling Market, By Country

9.5.4.1 Brazil: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

9.5.4.1.1 Brazil: Aircraft Maintenance Tooling Market, By Tool Type

9.5.4.1.2 Brazil: Aircraft Maintenance Tooling Market, By Users

9.5.4.2 Argentina: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

9.5.4.2.1 Argentina: Aircraft Maintenance Tooling Market, By Tool Type

9.5.4.2.2 Argentina: Aircraft Maintenance Tooling Market, By Users

9.5.4.3 Rest of South and Central America: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

9.5.4.3.1 Rest of South and Central America: Aircraft Maintenance Tooling Market, By Tool Type

9.5.4.3.2 Rest of South and Central America: Aircraft Maintenance Tooling Market, By Users

9.6 MEA: Aircraft Maintenance Tooling Market

9.6.1 MEA: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

9.6.2 MEA: Aircraft Maintenance Tooling Market, By Tool Type

9.6.3 MEA: Aircraft Maintenance Tooling Market, By Users

9.6.4 MEA: Aircraft Maintenance Tooling Market, By Country

9.6.4.1 South Africa: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

9.6.4.1.1 South Africa: Aircraft Maintenance Tooling Market, By Tool Type

9.6.4.1.2 South Africa: Aircraft Maintenance Tooling Market, By Users

9.6.4.2 Saudi Arabia: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

9.6.4.2.1 Saudi Arabia: Aircraft Maintenance Tooling Market, By Tool Type

9.6.4.2.2 Saudi Arabia: Aircraft Maintenance Tooling Market, By Users

9.6.4.3 UAE: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

9.6.4.3.1 UAE: Aircraft Maintenance Tooling Market, By Tool Type

9.6.4.3.2 UAE: Aircraft Maintenance Tooling Market, By Users

9.6.4.4 Rest of MEA: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

9.6.4.4.1 Rest of MEA: Aircraft Maintenance Tooling Market, By Tool Type

9.6.4.4.2 Rest of MEA: Aircraft Maintenance Tooling Market, By Users

10. Aircraft Maintenance Tooling Market - COVID-19 Impact Analysis

10.1 Impact of COVID-19 Pandemic on Global Aircraft Maintenance Tooling Market

10.1.1 North America: Impact Assessment of COVID-19 Pandemic

10.1.2 Europe: Impact Assessment of COVID-19 Pandemic

10.1.3 Asia-Pacific: Impact Assessment of COVID-19 Pandemic

10.1.4 Middle East and Africa: Impact Assessment of COVID-19 Pandemic

10.1.5 South America: Impact Assessment of COVID-19 Pandemic

11. Industry Landscape

11.1 Overview

11.2 Market Initiative

11.3 New Product Development

11.4 Partnership

12. Company Profiles

12.1 AeroWest Mfg Corp.

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 Frank Brown & Son Ltd

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 Farwest Aircraft

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 Norbar Torque Tools Ltd

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 Inspection Technologies Ltd

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 PROTO

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 Red Box Aviation

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 Shanghai kaviation Techology Co., Ltd

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 Alberth Aviation

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 HYDRO SYSTEMS KG

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 Word Index


LIST OF TABLES

Table 1. Aircraft Maintenance Tooling Market – Revenue, and Forecast to 2027 (US$ Million)

Table 2. North America Aircraft Maintenance Tooling Market, By Tool Type– Revenue and Forecast to 2027 (US$ Million)

Table 3. North America Aircraft Maintenance Tooling Market, By Users – Revenue and Forecast to 2027 (US$ Million)

Table 4. US Aircraft Maintenance Tooling Market, By Tool Type– Revenue and Forecast to 2027 (US$ Million)

Table 5. US Aircraft Maintenance Tooling Market, By Users – Revenue and Forecast to 2027 (US$ Million)

Table 6. Canada Aircraft Maintenance Tooling Market, By Tool Type– Revenue and Forecast to 2027 (US$ Million)

Table 7. Canada Aircraft Maintenance Tooling Market, By Users – Revenue and Forecast to 2027 (US$ Million)

Table 8. Mexico Aircraft Maintenance Tooling Market, By Tool Type– Revenue and Forecast to 2027 (US$ Million)

Table 9. Mexico Aircraft Maintenance Tooling Market, By Users – Revenue and Forecast to 2027 (US$ Million)

Table 10. Europe Aircraft Maintenance Tooling Market, By Tool Type– Revenue and Forecast to 2027 (US$ Million)

Table 11. Europe Aircraft Maintenance Tooling Market, By Users – Revenue and Forecast to 2027 (US$ Million)

Table 12. UK Aircraft Maintenance Tooling Market, By Tool Type– Revenue and Forecast to 2027 (US$ Million)

Table 13. UK Aircraft Maintenance Tooling Market, By Users– Revenue and Forecast to 2027 (US$ Million)

Table 14. Germany Aircraft Maintenance Tooling Market, By Tool Type– Revenue and Forecast to 2027 (US$ Million)

Table 15. Germany Aircraft Maintenance Tooling Market, By Users– Revenue and Forecast to 2027 (US$ Million)

Table 16. France Aircraft Maintenance Tooling Market, By Tool Type– Revenue and Forecast to 2027 (US$ Million)

Table 17. France Aircraft Maintenance Tooling Market, By Users– Revenue and Forecast to 2027 (US$ Million)

Table 18. Italy Aircraft Maintenance Tooling Market, By Tool Type– Revenue and Forecast to 2027 (US$ Million)

Table 19. Italy Aircraft Maintenance Tooling Market, By Users– Revenue and Forecast to 2027 (US$ Million)

Table 20. Russia Aircraft Maintenance Tooling Market, By Tool Type– Revenue and Forecast to 2027 (US$ Million)

Table 21. Russia Aircraft Maintenance Tooling Market, By Users – Revenue and Forecast to 2027 (US$ Million)

Table 22. Rest of Europe Aircraft Maintenance Tooling Market, By Tool Type– Revenue and Forecast to 2027 (US$ Million)

Table 23. Rest of Europe Aircraft Maintenance Tooling Market, By Users– Revenue and Forecast to 2027 (US$ Million)

Table 24. APAC Aircraft Maintenance Tooling Market, By Tool Type– Revenue and Forecast to 2027 (US$ Million)

Table 25. APAC Aircraft Maintenance Tooling Market, By Users– Revenue and Forecast to 2027 (US$ Million)

Table 26. China Aircraft Maintenance Tooling Market, By Tool Type– Revenue and Forecast to 2027 (US$ Million)

Table 27. China Aircraft Maintenance Tooling Market, By Users – Revenue and Forecast to 2027 (US$ Million)

Table 28. India Aircraft Maintenance Tooling Market, By Tool Type– Revenue and Forecast to 2027 (US$ Million)

Table 29. India Aircraft Maintenance Tooling Market, By Users– Revenue and Forecast to 2027 (US$ Million)

Table 30. Japan Aircraft Maintenance Tooling Market, By Tool Type– Revenue and Forecast to 2027 (US$ Million)

Table 31. Japan Aircraft Maintenance Tooling Market, By Users– Revenue and Forecast to 2027 (US$ Million)

Table 32. Australia Aircraft Maintenance Tooling Market, By Tool Type– Revenue and Forecast to 2027 (US$ Million)

Table 33. Australia Aircraft Maintenance Tooling Market, By Users– Revenue and Forecast to 2027 (US$ Million)

Table 34. South Korea Aircraft Maintenance Tooling Market, By Tool Type– Revenue and Forecast to 2027 (US$ Million)

Table 35. South Korea Aircraft Maintenance Tooling Market, By Users– Revenue and Forecast to 2027 (US$ Million)

Table 36. Rest of APAC Aircraft Maintenance Tooling Market, By Tool Type– Revenue and Forecast to 2027 (US$ Million)

Table 37. Rest of APAC Aircraft Maintenance Tooling Market, By Users– Revenue and Forecast to 2027 (US$ Million)

Table 38. South and Central America Aircraft Maintenance Tooling Market, By Tool Type– Revenue and Forecast to 2027 (US$ Million)

Table 39. South and Central America Aircraft Maintenance Tooling Market, By Users – Revenue and Forecast to 2027 (US$ Million)

Table 40. Brazil Aircraft Maintenance Tooling Market, By Tool Type– Revenue and Forecast to 2027 (US$ Million)

Table 41. Brazil Aircraft Maintenance Tooling Market, By Users– Revenue and Forecast to 2027 (US$ Million)

Table 42. Argentina Aircraft Maintenance Tooling Market, By Tool Type– Revenue and Forecast to 2027 (US$ Million)

Table 43. Argentina Aircraft Maintenance Tooling Market, By Users– Revenue and Forecast to 2027 (US$ Million)

Table 44. Rest of South and Central America Aircraft Maintenance Tooling Market, By Tool Type– Revenue and Forecast to 2027 (US$ Million)

Table 45. Rest of South and Central America Aircraft Maintenance Tooling Market, By Users– Revenue and Forecast to 2027 (US$ Million)

Table 46. MEA Aircraft Maintenance Tooling Market, By Tool Type– Revenue and Forecast to 2027 (US$ Million)

Table 47. MEA Aircraft Maintenance Tooling Market, By Users– Revenue and Forecast to 2027 (US$ Million)

Table 48. South Africa Aircraft Maintenance Tooling Market, By Tool Type– Revenue and Forecast to 2027 (US$ Million)

Table 49. South Africa Aircraft Maintenance Tooling Market, By Users– Revenue and Forecast to 2027 (US$ Million)

Table 50. Saudi Arabia Aircraft Maintenance Tooling Market, By Tool Type– Revenue and Forecast to 2027 (US$ Million)

Table 51. Saudi Arabia Aircraft Maintenance Tooling Market, By Users– Revenue and Forecast to 2027 (US$ Million)

Table 52. UAE Aircraft Maintenance Tooling Market, By Tool Type– Revenue and Forecast to 2027 (US$ Million)

Table 53. UAE Aircraft Maintenance Tooling Market, By Users– Revenue and Forecast to 2027 (US$ Million)

Table 54. Rest of MEA Aircraft Maintenance Tooling Market, By Tool Type– Revenue and Forecast to 2027 (US$ Million)

Table 55. Rest of MEA Aircraft Maintenance Tooling Market, By Users– Revenue and Forecast to 2027 (US$ Million)

Table 56. List of Abbreviation

LIST OF FIGURES

Figure 1. Aircraft Maintenance Tooling Market Segmentation

Figure 2. Aircraft Maintenance Tooling Market Segmentation – By Geography

Figure 3. Global Aircraft Maintenance Tooling Market Overview

Figure 4. Aircraft Maintenance Tooling Market, By Tool Type

Figure 5. Aircraft Maintenance Tooling Market, By Users

Figure 6. Aircraft Maintenance Tooling Market, by Geography

Figure 7. North America – PEST Analysis

Figure 8. Europe – PEST Analysis

Figure 9. Asia-Pacific – PEST Analysis

Figure 10. Middle East and Africa – PEST Analysis

Figure 11. South America – PEST Analysis

Figure 12. Aircraft Maintenance Tooling Market: Ecosystem Analysis

Figure 13. Aircraft Maintenance Tooling Market: Impact Analysis of Drivers and Restraints

Figure 14. Geographic Overview of Aircraft Maintenance Tooling Market

Figure 15. Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 16. Aircraft Maintenance Tooling Market Revenue Share, By Tool Type (2019 and 2027)

Figure 17. Speed Handle: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 18. Wrenches: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 19. Safety Wire Pliers: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 20. Vibration Meter: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 21. Metalworking Tools: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 22. Others: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 23. Aircraft Maintenance Tooling Market Revenue Share, by Users (2019 and 2027)

Figure 24. MRO Service Providers: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 25. Airline Operators: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 26. Global Aircraft Maintenance Tooling Market Revenue Share, By Region (2019 and 2027)

Figure 27. North America: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 28. North America Aircraft Maintenance Tooling Market Revenue Share, By Tool Type (2019 and 2027)

Figure 29. North America Aircraft Maintenance Tooling Market Revenue Share, By Users (2019 and 2027)

Figure 30. North America Aircraft Maintenance Tooling Market Revenue Share, By Country (2019 and 2027)

Figure 31. US: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 32. Canada: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 33. Mexico: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 34. Europe: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 35. Europe: Aircraft Maintenance Tooling Market Revenue Share, By Tool Type (2019 and 2027)

Figure 36. Europe: Aircraft Maintenance Tooling Market Revenue Share, By Users (2019 and 2027)

Figure 37. Europe: Aircraft Maintenance Tooling Market Revenue Share, By Country (2019 and 2027)

Figure 38. UK: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 39. Germany: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 40. France: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 41. Italy: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 42. Russia: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 43. Rest of Europe: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 44. APAC: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 45. APAC: Aircraft Maintenance Tooling Market Revenue Share, By Tool Type (2019 and 2027)

Figure 46. APAC: Aircraft Maintenance Tooling Market Revenue Share, By Users (2019 and 2027)

Figure 47. APAC: Aircraft Maintenance Tooling Market Revenue Share, By Country (2019 and 2027)

Figure 48. China: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 49. India: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 50. Japan: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 51. Australia: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 52. South Korea: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 53. Rest of APAC: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 54. South and Central America: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 55. South and Central America: Aircraft Maintenance Tooling Market Revenue Share, By Tool Type (2019 and 2027)

Figure 56. South and Central America: Aircraft Maintenance Tooling Market Revenue Share, By Users (2019 and 2027)

Figure 57. South and Central America: Aircraft Maintenance Tooling Market Revenue Share, By Country (2019 and 2027)

Figure 58. Brazil: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 59. Argentina: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 60. Rest of South and Central America: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 61. MEA: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 62. MEA: Aircraft Maintenance Tooling Market Revenue Share, By Tool Type (2019 and 2027)

Figure 63. MEA: Aircraft Maintenance Tooling Market Revenue Share, By Users (2019 and 2027)

Figure 64. MEA: Aircraft Maintenance Tooling Market Revenue Share, By Country (2019 and 2027)

Figure 65. South Africa: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 66. Saudi Arabia: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 67. UAE: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 68. Rest of MEA: Aircraft Maintenance Tooling Market – Revenue and Forecast to 2027 (US$ Million)

Figure 69. Impact of COVID-19 Pandemic in North American Country Markets

Figure 70. Impact of COVID-19 Pandemic in Europe Country Markets

Figure 71. Impact of COVID-19 Pandemic in Asia Pacific Country Markets

Figure 72. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets

Figure 73. Impact of COVID-19 Pandemic in South America Country Markets

The List of Companies - Aircraft Maintenance Tooling Market

  1. AeroWest Mfg Corp.
  2. Frank Brown & Son Ltd
  3. Farwest Aircraft
  4. Norbar Torque Tools Ltd
  5. Inspection Technologies Ltd
  6. PROTO
  7. Red Box Aviation
  8. Shanghai kaviation Techology Co.,Ltd
  9. Alberth Aviation
  10. HYDRO SYSTEMS KG
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Aircraft Maintenance Tooling market.

  • Highlights key business priorities in order to assist companies to realign their business strategies.

  • The key findings and recommendations highlight crucial progressive industry trends in the Aircraft Maintenance Tooling market, thereby allowing players across the value chain to develop effective long-term strategies.

  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

  • Scrutinize in-depth South America market trends and outlook coupled with the factors driving the market, as well as those hindering it.

  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.
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Frequently Asked Questions

The commercial aircraft industry is constantly boosting since the past few years. Several operators in this industry are robustly focusing on the development, manufacturing, overhaul, and rebuilding of airplanes, helicopters, aircraft engines as well as several other components and subsystems for the commercial sector. Increase in air travel in developing economies, rise in production of commercial aircraft, and infrastructure developments are driving the demand for commercial aircraft components. The biggest giants in the aerospace industry, such as Airbus and Boeing, are highly indulged in the production of commercial aircraft. They design, manufacture, and sell the commercial aircraft along with fleet support services, primarily to the commercial airline industry globally. The Boeing family of commercial jet aircraft consists of 737 narrow-body model and 747, 767, 777, and 787 wide-body models. As of March 31, 2020, Boeing produced 10,000 737 commercial jets, which is the first jet to reach this landmark. In 2019, Airbus delivered a massive number of commercial aircraft, which would boost the production of commercial aircraft in the market. Hence, emerging production rate by these top companies is expected to drive the demand for commercial aircraft across the world. Increasing integration of several equipment in the commercial aircraft, such as avionics systems and engine control and monitoring that operate at peak efficiency is demanding the deployment of maintenance tooling for enhanced operation. Thus, rising integration of advanced equipment in the aircraft demands the timely maintenance and replacement of these equipment for proper functioning of the commercial aircraft

The North America led the market. North America is known to have the largest fleet of commercial, general, and military aircraft globally, and they require regular MRO services for operational availability. The presence of several aircraft OEMs in the US makes the region the highest aircraft producer, globally which is likely to boost the aircraft maintenance tooling market in North America region. Various contracts and agreements are regularly signed between aircraft maintenance tooling providers and airlines, and defense agencies for the introduction and procurement of new aircraft. These factors are boosting the market in North America. The adoption of stringent safety standards and the introduction of new laws by legislative authorities are also propelling the market for aircraft maintenance tooling market in the region.

With the growing advancements in the aviation industry, the demand for aircraft maintenance tooling is also boosting. APAC is highly focused on extending MRO services for commercial and military aircraft companies. Major aircraft MRO businesses in APAC include Guangzhou Aircraft Maintenance Engineering Co., Ltd. (GAMECO), China; MTU Maintenance; and ExecuJet Haite Aviation Services China Co., Ltd. Heavy spending on aviation infrastructure, economic growth, and increase in passenger count are the factors propelling the adoption of aircraft maintenance tooling. Moreover, soaring number of middle-class travellers—especially in APAC countries, such as China, Singapore, and India—is the main factor contributing to air travel growth, which is consequently increasing the need for aircraft maintenance tooling in the region. The governments in the countries with high air traffic, as well as other emerging economies, are supporting the growth of aircraft maintenance tooling as a crucial strategy to support the economic goals of the region. The Rest of APAC countries, such as Malaysia, Singapore, and Thailand, produce large revenues from aircraft maintenance business. For instance, Singapore has well-established MRO hubs and substantial footprints of major industry players, such as GE Aviation, Airbus, and Rolls-Royce, in the country. As per the Wisconsin Economic Development Corporation, Singapore comprises 120 aerospace companies, which account for ~25% of the APAC’s aircraft maintenance business. Moreover, Singapore-based airlines are noticing a significant growth in passenger counts, which is propelling the airlines to operate their aircraft fleet for a longer period; increase in flying hours is directly proportional to the demand for aircraft maintenance tooling.

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